by The pH sensors market comprises products such as glass electrodes, combination electrodes, and ISFET sensors which are used for measuring pH activity in aqueous solutions. pH sensors find wide applications in industries such as food processing, water & wastewater treatment, power generation, agriculture, and biotechnology to monitor process operations and ensure product quality. They offer advantages over conventional pH measurement techniques such as providing continuous real-time monitoring, high accuracy and precision, and low maintenance.
The global pH sensors market is estimated to be valued at US$ 530.5 million in 2024 and is expected to exhibit a CAGR of 6.5% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Ph Sensors Market Demand are Emerson Electric Co., Endress+Hauser Group Services AG, GF Piping Systems, Hach Company, Halma plc, Honeywell International Inc., Mettler-Toledo International Inc., Schneider Electric SE, Thermo Fisher Scientific Inc., Xylem Inc., and Yokogawa Electric Corporation. The growing demand for pH monitoring from the water & wastewater treatment industry is expected to offer lucrative opportunities for market players. Several utilities across the world are undergoing expansion and upgrade programs to comply with stringent regulations regarding effluent quality which requires installation of pH sensors. The market is also anticipated to witness high growth in Asia Pacific and Latin American regions owing to increasing investments towards development of industrial infrastructure and adoption of advanced process control technologies.
Market Key Trends
One of the key trends gaining traction in the pH sensors market is the increasing use of these devices for monitoring of wastewater streams from municipal and industrial sources. Stringent regulations pertaining to treatment and discharge of industrial effluents have prompted end-use industries to closely monitor pH levels of wastewater at various stages of the treatment process. This is expected to drive the demand for online pH sensors that can withstand harsh conditions and provide continuousreal-time data for process control. Continuous technological advancements involving development of miniaturized sensors with low cost of ownership will further support the growth of the market over the forecast period.
Porter’s Analysis
Threat of new entrants: Sensors specific technology and switching costs pose barrier.
Bargaining power of buyers: Large buyers can negotiate on price and quality.
Bargaining power of suppliers: Suppliers have bargaining power due to differentiated components and technologies.
Threat of new substitutes: Alternatives like conductivity and ORP sensors pose threat.
Competitive rivalry: Intense competition due to technological capabilities of major players.
Geographical Regions
North America accounts for the largest market share in terms of value owing to established economy and growing process industries. The U.S. holds the major share within North America due to high demand from food & beverages and pharmaceutical industries.
Asia Pacific region is expected to grow at the fastest rate over the forecast period. Rapid industrialization and expansion of process industries in countries like China and India provide immense opportunities. Increasing cognizance about quality in food processing and water treatment applications is positively impacting the growth.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
