GVR Report cover Calorimeter And Photometer Market Size, Share & Trends Report

Calorimeter And Photometer Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025

The global calorimeter and photometer market is expected to increase significantly over the forecast period. The leading drivers of this growth will be rising demand for advanced, innovative, and high-performance products. A photometer is a device that measures the intensity of light and optical properties of surfaces or solutions. It is used in many laboratory experiments to measure light absorption, irradiance, phosphorescence, fluorescence, luminescence, and scattering and reflection of light. A calorimeter is an apparatus used to measure the heat given out or absorbed during chemical reactions or physical changes. It is also used to measure the heat capacity of materials. Both these devices are important and frequently used tools in research, processing, and analysis fields, which will drive the growth in the next few years.

Growing usage in aerospace, automotive, biomedical, nanotechnology, pharmaceutical, geology, research, and process industries such as petroleum products, water & wastewater which will drive calorimeter and photometer market growth over the forecast period. Increasing demand for innovative consumer goods, demand wastewater analyzing equipment, and need to detect the heat value of petrochemicals will stimulate industry expansion in the next few years Development of coal, chemical, and oil and gas industries is responsible for the rise in demand of analysis tools such as photometer and calorimeter.

Economic trends, safety and security concerns, software enhancements, mergers & acquisitions in the industry are the major factors that will directly influence market growth. Emerging economies such as India and China will provide significant growth opportunities for this industry on account of a vast number of investments in energy and water and wastewater infrastructure. However, a high initial cost, which restrains the broad adoption of these instruments in medium and low-scale industries is expected to hinder calorimeter and photometer market growth. Moreover, manufacturers have to adhere strictly to regulatory guidelines which vary according to the region, which is projected to restrict growth over the forecast period.

The calorimeter and photometer market segmentation is done by different types of photometers including multi-wave, microscope, fiber optic, ultraviolet, infrared, micro-plate, portable, and flame photometers. Flame and portable photometers are the most popular and represent the highest potential for growth. Flame photometers demand will rise owing to its desirable characteristics including fast and sensitive analysis, interference-free results, accurate analysis of dilute aqueous solutions, and its suitability for many metallic elements. Portable photometers offer advantages such as flexibility for several applications, easy handling, compactness, and portability as well as an economical price. Above mentioned factors have led to growing demand for these instruments, which will spur the growth of the photometer market over the forecast period.

The various types of calorimeter include differential scanning, bomb, coffee cup, reaction, and accelerated rate, adiabatic and isothermal calorimeters. Rising demand for bomb and differential scanning calorimeters in the future will stimulate industry expansion. The bomb calorimeter possesses many advantageous characteristics that include high speed, accuracy, and convenience. This device also excludes previously unconsidered environmental variables and readily provides the user with the energy content of the test substance, which has made it the most popular choice in the calorimeter industry. The differential scanning calorimeter has a broad range of heating and cooling rates and the ability to find out transition temperatures, which makes it a valuable tool in preparing phase diagrams for chemical systems. This technique is extensively used across a wide range of applications as a routine quality test as well as a research tool, which will spur its demand in the future.

Of the varied sectors in which photometers are used, one of the major fields that hold a promising future for the market is the process industry. It includes water & wastewater processing, where the requirement for photometric analysis is progressively growing. The calorimeter industry is primarily driven by the coal, chemical, and oil and gas sectors.

The U.S. and Canada will lead the global calorimeter and photometer market, owing to the high number of water and wastewater treatment plants across these countries. High concentration of oil and gas industries in the Middle East will spur product demand in the region.

Asia Pacific is expected to be the fastest growing market over the forecast period on account of the increasing demand for water and wastewater treatment plants in developing countries including China and India.

The core includes Calorimetry Sciences Corp., Swan Analytical Instruments AG, MicroCal LLC, ABB Ltd, Yokogawa Electric Corporation, Netzsch Instruments Inc., PARR Instrument Company, Gooch & House, Setaram Instrumentation, Shimadzu Corp., Mettler-Toledo International Inc., TA Instruments Inc., Hanna Instruments and Konica Minolta.

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