According to a new market report by Lucintel, the future of the global ORP sensor market looks promising with opportunities in the water treatment, horticulture, aquaculture, and industrial industries. The global ORP sensor market is expected to grow with a CAGR of 8% from 2020 to 2025. The major growth drivers for this market are increasing usage in swimming pool and food processing units.
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In this market, laboratory ORP sensor, process ORP sensor, and differential ORP sensor are the major types of ORP sensor.
Within this market, aquarium, wine making, printing and graphics, and water purification are the major applications.
North America will remain the largest region over the forecast period due to stringent environmental policies regarding waste disposal in water.
Emerson, Sensorex, Yokogawa Electric Corporation, Lonode, ProMinent, Metrohm AG, and ABB are among the major manufacturers of the global ORP sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global ORP sensor market by product type, application, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global ORP Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global ORP sensor market by product type, application, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Laboratory ORP Sensors
Process ORP Sensors
Differential ORP Sensors
By Application [$M shipment analysis for 2014 – 2025]:
Acquarium
Wine Making
Printing and Graphics
Water Purification
Others
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Horticulture
Aquaculture
Industrial
Water Treatment
Others
By Region [$M shipment analysis for 2014 – 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
China
Japan
India
South Korea
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.