Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) -- The "Titrators (Automatic and Manual) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global Titrators market, which was valued at USD 368.7 million in 2022, is projected to reach USD 548.4 million by 2030, with a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030.
The Coulometric segment is expected to record the highest growth with a CAGR of 5.4%, reaching USD 334.3 million by the end of the analysis period. Meanwhile, the Volumetric segment is estimated to grow at a CAGR of 4.7% over the next eight years.
Key Market Insights:
- Coulometric Segment: This segment is anticipated to exhibit strong growth, with a CAGR of 5.4%, reaching USD 334.3 million by 2030.
- Volumetric Segment: This segment is expected to grow at a CAGR of 4.7% during the forecast period.
- Geographic Trends: The U.S. market is estimated at USD 128.5 million in 2022, while China is forecasted to grow at a CAGR of 6.8% to reach USD 38.6 million by 2030. Japan and Canada are also noteworthy markets, each expected to grow at 4.4% and 4.6%, respectively. Germany, within Europe, is forecasted to grow at a CAGR of approximately 4.9%.
Key Competitors:
The Titrators market features a total of 33 key competitors, including:
- Merck KGaA
- Cole-Parmer Instrument Company LLC
- Mettler-Toledo International, Inc.
- Hach Company
- Metrohm AG
- Hanna Instruments, Inc.
- Evoqua Water Technologies LLC
- Analyticon Instruments Corporation
- Foss A/S
- Hirschmann Laborgerate GmbH & Co. KG
- JM Science, Inc.
- DKK-TOA Corporation
- Hiranuma Sangyo Co., Ltd.
- Kyoto Electronics Manufacturing Co., Ltd.
- SCP Science
Economic Outlook:
The global economic outlook is showing signs of improvement, with growth recovery expected in the coming years. The United States, despite experiencing slowing GDP growth, has overcome the recession threat. Europe is seeing easing headline inflation, which is contributing to increased economic activity. China is forecasted to witness strong GDP growth as the pandemic recedes and the government adjusts its COVID-19 policy. India is on track to become a trillion-dollar economy by 2030.
However, challenges remain, such as slower-than-expected decline in global headline inflation, persisting food and fuel inflation in many developing countries, high retail inflation, and its impact on consumer confidence and spending. Governments are addressing these challenges, but they continue to affect market sentiments. Stricter regulations and climate change considerations will add complexity to economic decisions.
The rise of new technologies, including AI, machine learning, quantum technologies, and renewables, is expected to drive growth and value to global GDP in the coming years. Despite short-term challenges, there are opportunities for adaptable businesses and leaders.
What`s New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Impact on Laboratory Instrumentation Sector
- Titrators (Automatic and Manual) - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Titrators: An Important Analytical Instrument
- Top Features Customers Seek While Purchasing Titrators
- Types of Titrators
- Applications of Titrators
- Competition
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Product Innovations Drive Market Growth
- Mini Titrators Gain Space in Laboratories
- Titrators Gain Importance as COVID-19 Accelerates Demand for Disinfectants
- Sales Growth of Cleaning Products Due to COVID-19 in the US in March 2019
- Global Sales of Hand Sanitizers in US$ Million: 2014-2024
- Automated Titration Systems Gain Wide Acceptance
- Smart Titration Systems to Improve Lab Data Management
- Replacement Sales Support Demand
- Potentiometric Titrators Record Strong Growth
- Instrument Versatility Gains Prominence in Titrators Market
- Regulatory Compliance Drives Growth
- Food & Beverage Testing Augments Demand
- U.S. FDA Classification of Acid Foods
- Titrators Vital for Quality Control Analysis in Beverage Manufacturing
- Global Beverage Consumption Breakdown by Category: 2019
- Beverage Analysis - Standards and Methods
- Rising Demand for Dairy Products Supports Market Growth
- Drug Safety: A Significant Growth Driver for Titration
- Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
- Growing Concern Over Environmental Contamination to Drive Demand
- Titration Technology Finds Significant Application Determining Water Quality and Safety
- Titration Systems and Growing Relevance in Textile Industry
- Titrators Find Varied Applications in Paper and Pulp Industry
- Large Volume of Quality Tests in Oil and Petrochemical Industry: An Opportunity for Titrators Market
- International Standards on Petrochemical and Biofuel Analysis with Compliant Methods of Analysis
- Biodiesel's Emergence as Alternative to Conventional Fuel to Promote Use of Titration
- Select Parameters for Biodiesel Analysis and Techniques as per Regulatory Compliance
- Consumption of Biodiesel in OECD Countries in Billion Liters: 2015-2025
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/jk05mo
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