Colorimeter Market: Key Players and Production Information analysis with Forecas

Posted by Harshad Borde on May 13th, 2019

Colorimeter which is used for a extensive range of applications across the different biological and chemical industry which includes the analysis of water, blood, nutrients in foodstuffs and soil, determining the rates of reaction and growth of bacterial cultures, determining the concentration of a solution and laboratory quality control among others. In addition, during the time of colorimetric estimation two fundamental laws of absorption which are highly important. Across the globe, rising acceptance for the colorimeter is growing at a rapid pace.

This is mainly due, the technological advancement & growth in product preparation and associated quality checks in food & beverages processing industry, printing of textiles and pharmaceutical are the remarkable drivers accelerate to the use of colorimeters. However, healthcare industry is continuously adopting these devices in order to measure the quality of healthcare product. Furthermore, advance features such as one-step calibration and automatic sensor identification make this sensor easy to use, which is anticipated continue to attribute toward the growth of the Colorimeter market during the forecast period. Rising adoption and growing popularity of these type of devices among different end use industry is poised for a stable growth over the forecast period from 2018-2026.

The global colorimeter market has been segmented on the basis of product type, display type, measurement type, wavelength type end use industry and geography. Based on product type, the market for colorimeter has been segregated into two types which includes manual colorimeter and automatic colorimeter. The automatic colorimeter segment is likely to grow at a CAGR rate during the forecast period. On the basis display type, the colorimeter market has been separated into analog and digital. In 2017, digital colorimeter segment accounted the major market share in the global colorimeter market.

Moreover, across the different part of the globe, government organizations have mended different stringent regulatory guidelines and quality conformance standards for food and beverage industry, which is also likely to boost the demand for the global colorimeter market during the forecast period. Based on measurement types, the colorimeter market is classified into color densitometers and color photometers. On the basis of wavelength type, the market for colorimeter has been segmented into 430 nm, 470 nm, 565 nm, and 635 nm. Furthermore, on the basis of end use industry, the market for colorimeter is separated into food and beverages, chemical, textile and healthcare.

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In 2017, the food and beverage and healthcare segment hold the major portion of the market share and also is expected to maintenance its dominance throughout the forecast period. Increasing inclination of population towards aesthetics of dentition is projected to drive the market growth for colorimeter. Additionally, in food & beverage industry, these products are used to measurement of the color of sugar and vegetables products. However, rise in demand for printers, copy machine and fax machine is anticipated to augment the demand for the market in coming years. On the flip side, in order to manufacturing of different types of colorimeter manufacturers need to follow strict government rules and regulation, which is also expected to hider the growth of the global colorimeter market in the coming years.

Geographically, colorimeter market is segmented into North America, Europe, Asia Pacific, Middle- East and Africa and South America. In 2017, North America and Asia Pacific hold the major market share in the global colorimeter market. On the other hand, Asia Pacific market is likely to grow at highest CAGR rate in coming years and China, India and Japan are some of the major contributor towards the growth of the market.

Moreover, Asia Pacific region is estimated to increase with rapid pace in the colorimeter market owing growing usage of colorimeter for textiles and paint as well as increasing consumer spending and rising disposable income of people. Owing to increasing number of food & beverage processing companies are continuously focusing to expand their operation and manufacturing units across the different part of Asia Pacific. This factor is expected to increase the demand for the colorimeter market in coming years. Furthermore, inclination of population towards dentistry aesthetics is projected to fuel global colorimeter market growth.

This report explores the major global colorimeter manufacturers in detail. Major companies operating in the global colorimeter market are Hunter Associates Laboratory, Inc., Invitro Biotech ltd., Panomex Inc., Labline Stock Centre, Electronics India, Spectronics India, Shenzhen Wave Optoelectronics Technology Co., Ltd., Hangzhou Lohand Biological Co.,Ltd., MHT Optic Research AG,  and VITA Zahnfabrik H. Rauter GmbH & Co KG among others.

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Harshad Borde

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Harshad Borde
Joined: April 26th, 2019
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