VALLEY COTTAGE, N.Y. – A new Future Market Insights (FMI) study finds that the turbidimeter market was valued at US$ 70 Mn in 2018, and is expected to grow at a CAGR of 7.7% during the forecast period 2019-2029. Stringent regulations promulgated by the government to monitor water quality and turbidity are expected to augment the growth of the turbidimeter market.
With the advent of new technologies, turbidimeter has marked its stronghold in the food testing industry. Today, turbidimeter is widely used in wineries for evaluating protein stability, chill haze, and wine clarity during the winemaking process. Moreover, the adoption rate of turbidimeters in food & beverage industry is expected to increase around 9% in 2019 over 2018.
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North America Takes the Center Stage
Accounting for around 1/4th of the revenue share, North America continues to be at the forefront of the global turbidimeter market. Strong presence of key market players along with tightening regulatory scenario regarding maintenance of wastewater continue to influence growth of the regional market.
According to the FMI study, manufacturers are focusing on exploring their untapped potential in South Asia’s turbidimeter market, which is expected to grow at a CAGR of 7% during the forecast period. Significant growth of chemical and food & beverage industry in South Asian countries, especially in India, is expected to propel sales of turbidimeter and subsequently increase manufacturers’ profit margins.
Preview Analysis of 2019 Analysis and Review of Turbidimeter Market by Portability – Handheld and Stationary for 2019 – 2029:https://www.futuremarketinsights.com/reports/turbidimeter-market
Growing investments in infrastructure development and public health in various countries in Latin America and Middle East & Africa further open wide window of opportunity for companies operating in the turbidimeter market.
Handheld over Stationary Turbidimeters – The Shift is Underway
The FMI study finds that stationary turbidimeters continue to account for major revenue share in the market. However, handheld variants are expected to witness relatively high demand in future, with sales set to grow at a CAGR of 9% during the forecast period. The demand for portable turbidimeter in the sewage treatment and pharmaceutical industries are rising at a significant pace. Incorporation of advanced technologies along with ease of use and convenience attributes will continue to influence the demand for handheld turbidimeters over the forecast period.
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Manufacturers Focus on Cost-effective Technologies
The turbidity level of water is becoming a major concern worldwide, attributed to varying degree of contamination caused by pollutants and industrial wastes. An embrace of R&D has been underway to counteract challenges in conventional turbidimeters. For instance, researchers have recently developed low cost GRIN-lens-based nephelometer for turbidity sensing. GRINephy provides excellent precision and reproducibility even at low turbidity level. In addition, several scientists and researchers are working on field-portable smartphone based turbidimeters to significantly reduce the overall costs while ensuring better performance than their commercially available counterparts.
Due to the availability and increasing number of water treatment and desalination plants, the demand for turbidimeter is expected to remain strong going forward.According to the FMI study, on-field applications of turbidimeters are poised to rise at a CAGR of 9% during the forecast period. Growing off-field applications, on the other hand, are resulting in increased market share.
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“In order to monitor the turbidity level in water and fluid, governments and key market players are investing in development of advanced turbidimeter that can produce accurate results in real-time. Manufacturers are further viewing South Asia from target market perspective, considering rapid industrialization in the region prompting a strong need for effective industrial wastewater treatment,” says the FMI analyst.
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