pH and ORP probes are both used for measuring the acidic intensity of liquid solutions. A pH probe measures acidity on a scale from 0 to 14, with 0 being the most acidic and 14 being the most basic.
At present, the major players of PH & ORP Sensors in the world include: ABB, Mettler Toledo, GF Piping Systems, Endress+Hauser, Emerson, Honeywell, Yokogawa, Schneider Electric, Thermo Fisher Scientific, Xylem, Hamilton and Hach, among which ABB is the world’s largest PH & ORP Sensors manufacturer, its market share is about 13.58% in 2021. There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
Global revenue of PH & ORP Sensors market was valued at 547.81 Million USD in 2021 and is expected to reach 847.42 Million USD in 2028. In the future six years, we predict the CAGR of global revenue is 6.64%. The increasingly stringent requirements for water quality in industrial applications and daily life have led to an increasing demand for pH & ORP Sensors.
Asia-Pacific accounted for the largest sales share of the PH & ORP Sensors market in 2021. The region is characterized by the presence of a large number of service providers. At the same time, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. China pH & ORP Sensors market size was US$ 57.00 million in 2021, and market participants predict that China will hold more market share in the coming years, trailing a CAGR of 11.86% through the period of 2022 to 2028.
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