United States, Rockville MD, July 26, 2022 (GLOBE NEWSWIRE) -- According to Fact.MR, a market research and competitive intelligence provider, the global turbidity devices market is set to expand rapidly at a CAGR of 7.2% to reach US$ 2.50 billion by 2032.
Turbidity meters are employed in automated measuring operations and save businesses money by lowering the need for labor-intensive tasks. Low maintenance costs are also anticipated to spur an increase in turbidity equipment demand over the coming years.
Due to increased demand for turbidity metre equipment for sewage and water treatment, the turbidity equipment market is predicted to expand rapidly.
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Key Takeways From Market Study Report:
- In 2022, North America and Europe are expected to account for 24% and 27% of the global market share, respectively.
- The Asia Pacific region's thriving food and environmental industries, as well as chemical manufacturing, are driving up sales of turbidity systems, particularly in China, India, and other ASEAN nations.
- Due to the rising sales of portable turbidity meters used in industries, including sewage treatment and pharmaceuticals, the market in the U.S. is expanding at an impressive rate.
- The turbidity meters market in South America is expected to grow due to paper and pulp production in the region.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Low maintenance cost of Turbidity Equipment -
Turbidity Equipment are used in automated measuring processes, which is cost effective for a company and can reduce the expenditure on labor-intensive tasks. In addition, low maintenance cost is expected to accelerate the demand for Turbidity Equipment during the forecast period. Growing universality of water pollutants is expected to fuel the growth of the Turbidity Equipment market. Furthermore, low cost of Turbidity Equipment boosts the market growth. Turbidity Equipment can operate as a single device for multiple product types, thus saving significant costs that accrue by using other devices.
High Cost and Lack of Awareness Hindering the Market -
Turbidity meter manufacturers are quickly incorporating advanced technology to limit the reliance of Turbidity Equipment on a main supply or steady battery supply. The dependency on batteries can hamper the adoption of Turbidity Equipment in industrial process management, as batteries have a tendency to stop at any time.
- Turbidity Equipment are used to measure the cloudiness or turbidity of water caused by suspended solid particles. Turbidity Equipment are also known as nephelometer.
- Turbidity Equipment measure the haze or cloudiness in water. It is used in industrial processes that includes environmental monitoring, pharmaceutical manufacturing, and utility applications. Furthermore, Turbidity Equipment are used in commercial applications for turbidity readings in municipal drinking water treatment.
- Furthermore, Turbidity Equipment are used to measure the haziness of a fluid, to bring quantitative consistency to the measurement of drinking water for both pathogenic and aesthetic qualities.
- Turbidity Equipment are used to measure the turbidity of water in a sample as a result of suspended solid particles. Moreover, Turbidity Equipment can provide more accurate results of turbidity so as to analyze the sample correctly.
- Turbidity Equipment are used to define the concentration of total suspended solid (TTS) particles in water or liquid samples by measuring or evaluating the incident light scattered at right angles from the sample.
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Global Turbidity Equipment Market: Key Drivers and Restraints
- Turbidity Equipment are used in automated measuring processes, which is cost affective for a company and can reduce the expenditure on labor-intensive tasks. Additionally, low maintenance cost is expected to accelerate the demand for Turbidity Equipment over the forecast period.
- Growing universality of water pollutants is expected to fuel the growth of the Turbidity Equipment market.
- Furthermore, low cost of Turbidity Equipment is boosting growth in the market. Turbidity Equipment can operate as a single device for multiple product types, thus saving significant costs that accrue by using other devices.
- Turbidity meter manufacturers are quickly incorporating advanced technology to limit the reliance of Turbidity Equipment on a main supply or steady battery supply. The dependency on batteries can hamper the adoption of Turbidity Equipment in industrial process management, as batteries have a tendency to stop at any time.
Competitive Landscape
To dominate the market, key players are involved in several strategic efforts such as mergers and acquisitions, partnerships, joint ventures, research and development, product modifications, technological improvements, and upgrades.
The most profitable strategy in 2022 is to launch unique products to stand out in the competition and earn higher revenue.
- March 2022: LaMotte Company is to invest US$ 3.3 million to increase its capacity for production and R&D in Newark, Delaware. The manufacturer of reagents and instruments for water-quality testing will expand its lab at its new facility at the Pencader Corporate Center as a result of rising sales. Additionally, there will be office and production space on the 79,000-square-foot site.
Key Segments Covered in Turbidity Equipment Industry Research
- Turbidity Equipment Market by Type :
- Laser Turbidity Meters
- In-line Turbidity Meters
- Portable Turbidity Meters
- Monitoring Turbidity Meters
- Compact Turbidity Meters
- Turbidity Equipment Market by End Use :
- Water Treatment
- Process Monitoring
- Laboratories
- Turbidity Equipment Market by Distribution Channel :
- Direct Sales
- Sales Force
- Company Website
- Indirect Sales
- Online Channels
- Distributors
- Turbidity Equipment Market by Application :
- Water Quality Testing
- River Monitoring
- Stream Measurement
- Reservoir Water Quality Testing
- Groundwater Measuring
- Water and Wastewater Treatment
- Effluent, and Industrial Control
- Beverage Testing
- Others
- Turbidity Equipment Market by Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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