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Colorimeter Market Size, Share Global Analysis Report, 2023 – 2030

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Colorimeter Market Size, Share, Growth Analysis Report By Product (digital colorimeter and manual colorimeter), End-user (clinical testing laboratories, pharmaceutical firms, research institutes, and others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030

Industry Insights

[195+ Pages Report] According to the report published by Facts and Factors, the global Colorimeter Market market size was worth at around USD 790 million in 2022 and is likely to surpass around USD 1290 million by 2030 with a compound annual growth rate (CAGR) of roughly 7.26% between 2023 and 2030. The report analyses the global Colorimeter Market market drivers, restraints/challenges, and the effect they have on the demands during the forecast period. In addition, the report explores/analyses emerging opportunities in the Colorimeter Market market.

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This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Colorimeter industry. The report analyzes and declares the historical and current trends analysis of the Colorimeter industry and subsequently recommends the projected trends anticipated to be observed in the Colorimeter market during the upcoming years.

The Colorimeter market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Colorimeter market. The historical and past insights are provided for FY 2019 to FY 2021 whereas projected trends are delivered for FY 2023 to FY 2030. The quantitative and numerical data is represented in value (USD Million) from FY 2020 – 2030.

logoKey Insights from Primary Research

  • According to the primary CXOs of the global Colorimeter market, the market is estimated to witness a substantial growth of nearly 5.6% over the forecast period.
  • The market was valued at USD 790 Million, in 2022 and is expected to be valued at over USD 1290 million.
  • On the basis of the sample segment, manual colorimeters dominated the global Colorimeter market in 2019. In terms of revenue, it accounted for more than a 64% share of the total market in 2019.
  • Asia Pacific market is anticipated to be the fastest rising region for Colorimeter over the forecast period owing to the growing number of food & beverage processing companies, they are increasingly focusing on expanding their business and manufacturing units in this region.
  • By geography, the North American region headed the market with a share of above 35.2%, in 2019.

logoKey Recommendations from Analysts

  • growing applications of colorimeters in environmental analysis and the study of food & beverages based on their color for the detection of bacterial growth, etc., the colorimeter market is expected to see significant value and volume growth during the forecast period
  • The strategic developments such as regional expansion, product innovations, and ongoing research and developments by the major companies such as BYK Gardner, ELDIM, ERICHSEN, Hach, Hanna Instruments, etc. are likely to boom the market’s growth over the upcoming years.
  • Our analysts advise that the Asia Pacific region will most likely witness significant growth attributed to the rising demand for Colorimeter from China and India.
  • Expansion of distribution channels of pharmaceutical companies and product launches especially in emerging markets is predicted to fuel the demand for Colorimeter drugs in developing countries over the coming years.
  • Amplification of the sales channel and the growing availability of colorimetric devices may also cater to the needs of major players for beneficial growth of the market over the years to come.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Colorimeter industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Colorimeter industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Colorimeter market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Colorimeter industry. The Colorimeter market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market positions in the Colorimeter sector. Key strategic developments in the Colorimeter market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Colorimeter market are appropriately highlighted in the report.

The Colorimeter market research report delivers an acute valuation and taxonomy of the Colorimeter industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Colorimeter industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the Colorimeter industry is provided for the leading economies of the world.

The way light waves are absorbed can be measured by a colorimeter. The difference in electro-radiation intensity in the visible wavelength region of the spectrum is measured after an object or substance is emitted or reflected during the study of color. Using colorimetric methods, water compounds such as cyanide, dissolved oxygen, arsenic, molybdenum, zinc, fluoride, iron, and hydrazine are quantified. For independent analysis of the compounds, the water sample shall be mixed with a reactant. The resulting reaction results in a faint transmutation, whose frequency depends on the sum of the sample compound value. The precise color intensity is measured by the use of a colorimeter. Multi-parameter colorimeters simultaneously test for different pollutants.

The Colorimeter market is segmented based on product, end user, and region. On the basis of product segment, the market is segmented into digital and manual colorimeters. The end-user segmentation includes clinical testing laboratories, pharmaceutical firms, research institutes, and others.

logoReport Scope

Report Attribute

Details

Market Size in 2022

USD 790 Million

Projected Market Size in 2030

USD 1,290 Million

CAGR Growth Rate

7.26% CAGR

Base Year

2022

Forecast Years

2023-2030

Key Market Players

Admesy BV, Beijing, TIME, High, Technology, BYK, Gardner, ELDIM, ERICHSEN, Hach, Hanna, Instruments, Harvard, Bioscience, Instrument, Systems, Konica, Minolta, Sensing and others

Key Segment

By Product, By End-users, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoSome of the essential players operating in the Colorimeter market, but not restricted to include:

  •  Admesy BV
  •  Beijing TIME High Technology
  •  BYK Gardner
  •  ELDIM
  •  ERICHSEN
  •  Hach
  •  Hanna Instruments
  •  Harvard Bioscience
  •  Instrument Systems
  •  Konica Minolta Sensing

The taxonomy of the Colorimeter industry by its scope and segmentation is as follows:

logoGlobal Colorimeters Market: By Product Type Segment Analysis

  • Digital Colorimeter
  • Manual Colorimeter

logoGlobal Colorimeters Market: By End-User Segment Analysis

  • Clinical Diagnostics Labs
  • Pharmaceutical Companies
  • Research Institutes
  • Others

logo By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Colorimeter market – Product Analysis
    1. 2.1. Global Colorimeter Market–ProductOverview
    2. 2.2. Global ColorimeterMarketShare, by Product, 2022 & 2030 (USD Million)
    3. 2.3. Digital Colorimeter
      1. 2.3.1. Global Digital ColorimeterColorimeterMarket,2020-2030 (USD Million)
    4. 2.4. Manual Colorimeter
      1. 2.4.1. Global Manual ColorimeterColorimeterMarket,2020-2030 (USD Million)
  3. CHAPTER 3. Colorimeter market – End User Analysis
    1. 3.1. Global Colorimeter Market–End UserOverview
    2. 3.2. Global ColorimeterMarketShare, by End User, 2022 & 2030 (USD Million)
    3. 3.3. Clinical Diagnostics Labs
      1. 3.3.1. Global Clinical Diagnostics LabsColorimeterMarket,2020-2030 (USD Million)
    4. 3.4. Pharmaceutical Companies
      1. 3.4.1. Global Pharmaceutical CompaniesColorimeterMarket,2020-2030 (USD Million)
    5. 3.5. Research Institutes
      1. 3.5.1. Global Research InstitutesColorimeterMarket,2020-2030 (USD Million)
  4. CHAPTER 4. Colorimeter market – Regional Analysis
    1. 4.1. Global Colorimeter MarketRegionalOverview
    2. 4.2. Global ColorimeterMarketShare, by Region, 2022 & 2030 (Value)
    3. 4.3. North America
      1. 4.3.1. North AmericaColorimeter Market size and forecast, 2020-2030
      2. 4.3.2. North AmericaColorimeter Market, by Country, 2022 & 2030 (USD Million)
      3. 4.3.3. North AmericaColorimeter Market, by Product, 2020-2030
      4. 4.3.4. North AmericaColorimeter Market, by End User, 2020-2030
      5. 4.3.5. U.S.
      6. 4.3.6. Canada
    4. 4.4. Europe
      1. 4.4.1. EuropeColorimeter Market size and forecast, 2020-2030
      2. 4.4.2. EuropeColorimeter Market, by Country, 2022 & 2030 (USD Million)
      3. 4.4.3. EuropeColorimeter Market, by Product, 2020-2030
      4. 4.4.4. EuropeColorimeter Market, by End User, 2020-2030
      5. 4.4.5. Germany
      6. 4.4.6. France
      7. 4.4.7. U.K.
      8. 4.4.8. Italy
      9. 4.4.9. Spain
      10. 4.4.10. Rest of Europe
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia PacificColorimeter Market size and forecast, 2020-2030
      2. 4.5.2. Asia PacificColorimeter Market, by Country, 2022 & 2030 (USD Million)
      3. 4.5.3. Asia PacificColorimeter Market, by Product, 2020-2030
      4. 4.5.4. Asia PacificColorimeter Market, by End User, 2020-2030
      5. 4.5.5. China
      6. 4.5.6. Japan
      7. 4.5.7. India
      8. 4.5.8. South Korea
      9. 4.5.9. South-East Asia
      10. 4.5.10. Rest of Asia Pacific
    6. 4.6. Latin America
      1. 4.6.1. Latin AmericaColorimeter Market size and forecast, 2020-2030
      2. 4.6.2. Latin AmericaColorimeter Market, by Country, 2022 & 2030 (USD Million)
      3. 4.6.3. Latin AmericaColorimeter Market, by Product, 2020-2030
      4. 4.6.4. Latin AmericaColorimeter Market, by End User, 2020-2030
      5. 4.6.5. Brazil
      6. 4.6.6. Mexico
      7. 4.6.7. Rest of Latin America
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and AfricaColorimeter Market size and forecast, 2020-2030
      2. 4.7.2. The Middle-East and AfricaColorimeter Market, by Country, 2022 & 2030 (USD Million)
      3. 4.7.3. The Middle-East and AfricaColorimeter Market, by Product, 2020-2030
      4. 4.7.4. The Middle-East and AfricaColorimeter Market, by End User, 2020-2030
      5. 4.7.5. GCC Countries
      6. 4.7.6. South Africa
      7. 4.7.7. Rest of Middle-East Africa
  5. CHAPTER 5. Colorimeter market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. Admesy BV
      1. 6.1.1. Company Overview
      2. 6.1.2. Admesy BVRevenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. Beijing TIME High Technology
      1. 6.2.1. Company Overview
      2. 6.2.2. Beijing TIME High TechnologyRevenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. BYK Gardner
      1. 6.3.1. Company Overview
      2. 6.3.2. BYK GardnerRevenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. ELDIM
      1. 6.4.1. Company Overview
      2. 6.4.2. ELDIMRevenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. ERICHSEN
      1. 6.5.1. Company Overview
      2. 6.5.2. ERICHSENRevenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
    6. 6.6. Hach
      1. 6.6.1. Company Overview
      2. 6.6.2. HachRevenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
    7. 6.7. Hanna Instruments
      1. 6.7.1. Company Overview
      2. 6.7.2. Hanna InstrumentsRevenue and Gross Margin
      3. 6.7.3. Product portfolio
      4. 6.7.4. Recent initiatives
    8. 6.8. Harvard Bioscience
      1. 6.8.1. Company Overview
      2. 6.8.2. Harvard BioscienceRevenue and Gross Margin
      3. 6.8.3. Product portfolio
      4. 6.8.4. Recent initiatives
    9. 6.9. Instrument Systems
      1. 6.9.1. Company Overview
      2. 6.9.2. Instrument SystemsRevenue and Gross Margin
      3. 6.9.3. Product portfolio
      4. 6.9.4. Recent initiatives
    10. 6.10. Konica Minolta Sensing
      1. 6.10.1. Company Overview
      2. 6.10.2. Konica Minolta SensingRevenue and Gross Margin
      3. 6.10.3. Product portfolio
      4. 6.10.4. Recent initiatives
  7. CHAPTER 7. Colorimeter — Industry Analysis
    1. 7.1. Colorimeter Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Colorimeter Market – Attractiveness Analysis
      1. 7.4.1. By Product
      2. 7.4.2. By End User
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models

      List of Figures

      FIG. 1 Global Colorimeter Market, 2020-2030(USD Million)
      FIG. 2 Global Colorimeter MarketShare, by Product, 2022 & 2030 (USD Million)
      FIG. 3 Global Digital ColorimeterColorimeterMarket,2020-2030 (USD Million)
      FIG. 4 Global Manual ColorimeterColorimeterMarket,2020-2030 (USD Million)
      FIG. 5 Global Colorimeter MarketShare, by End User, 2022 & 2030 (USD Million)
      FIG. 6 Global Clinical Diagnostics LabsColorimeterMarket,2020-2030 (USD Million)
      FIG. 7 Global Pharmaceutical CompaniesColorimeterMarket,2020-2030 (USD Million)
      FIG. 8 Global Research InstitutesColorimeterMarket,2020-2030 (USD Million)
      FIG. 9 Global Colorimeter MarketShare, by Region, 2022 & 2030
      FIG. 10 North AmericaColorimeter Market, 2020-2030
      FIG. 11 U.S.Colorimeter Market, 2020-2030
      FIG. 12 CanadaColorimeter Market, 2020-2030
      FIG. 13 EuropeColorimeter Market, 2020-2030
      FIG. 14 GermanyColorimeter Market, 2020-2030
      FIG. 15 FranceColorimeter Market, 2020-2030
      FIG. 16 U.K.Colorimeter Market, 2020-2030
      FIG. 17 ItalyColorimeter Market, 2020-2030
      FIG. 18 SpainColorimeter Market, 2020-2030
      FIG. 19 Rest of EuropeColorimeter Market, 2020-2030
      FIG. 20 Asia PacificColorimeter Market, 2020-2030
      FIG. 21 ChinaColorimeter Market, 2020-2030
      FIG. 22 JapanColorimeter Market, 2020-2030
      FIG. 23 IndiaColorimeter Market, 2020-2030
      FIG. 24 South  KoreaColorimeter Market, 2020-2030
      FIG. 25 South-East AsiaColorimeter Market, 2020-2030
      FIG. 26 Rest of Asia PacificColorimeter Market, 2020-2030
      FIG. 27 Latin AmericaColorimeter Market, 2020-2030
      FIG. 28 BrazilColorimeter Market, 2020-2030
      FIG. 29 MexicoColorimeter Market, 2020-2030
      FIG. 30 Rest of Latin AmericaColorimeter Market, 2020-2030
      FIG. 31 The Middle-East and AfricaColorimeter Market, 2020-2030
      FIG. 32 GCC CountriesColorimeter Market, 2020-2030
      FIG. 33 South AfricaColorimeter Market, 2020-2030
      FIG. 34 Rest of Middle-East AfricaColorimeter Market, 2020-2030
      FIG. 35 Competitor Market Share – Revenue
      FIG. 36 Admesy BV Revenue and Growth Rate
      FIG. 37 Admesy BV Market Share
      FIG. 38 Beijing TIME High Technology Revenue and Growth Rate
      FIG. 39 Beijing TIME High Technology Market Share
      FIG. 40 BYK Gardner Revenue and Growth Rate
      FIG. 41 BYK Gardner Market Share
      FIG. 42 ELDIM Revenue and Growth Rate
      FIG. 43 ELDIM Market Share
      FIG. 44 ERICHSEN Revenue and Growth Rate
      FIG. 45 ERICHSEN Market Share
      FIG. 46 Hach Revenue and Growth Rate
      FIG. 47 Hach Market Share
      FIG. 48 Hanna Instruments Revenue and Growth Rate
      FIG. 49 Hanna Instruments Market Share
      FIG. 50 Harvard Bioscience Revenue and Growth Rate
      FIG. 51 Harvard Bioscience Market Share
      FIG. 52 Instrument Systems Revenue and Growth Rate
      FIG. 53 Instrument Systems Market Share
      FIG. 54 Konica Minolta Sensing Revenue and Growth Rate
      FIG. 55 Konica Minolta Sensing Market Share
      FIG. 56 Market Dynamics
      FIG. 57 Global Colorimeter – Value Chain Analysis
      FIG. 58 Technology Roadmap and Timeline
      FIG. 59 Market Attractiveness Analysis – By Product
      FIG. 60 Market Attractiveness Analysis – By End User
      FIG. 61 Market Attractiveness Analysis – By Region
      FIG. 62 Market Channel
      FIG. 63 Marketing Channel Development Trend
      FIG. 64 Growth in World Gross Product, 2008-2018

      List of Tables

      TABLE 1 Global Colorimeter Market, 2018& 2025 (USD Million)
      TABLE 2 Global Colorimeter market, by Product, 2020-2030 (USD Million)
      TABLE 3 Global Colorimeter market, by End User, 2020-2030 (USD Million)
      TABLE 4 Global Colorimeter market, by Region, 2020-2030 (USD Million)
      TABLE 5 North AmericaColorimeter Market, by Product, 2020-2030 (USD Million)
      TABLE 6 North AmericaColorimeter Market, by End User, 2020-2030 (USD Million)
      TABLE 7 EuropeColorimeter Market, by Product, 2020-2030 (USD Million)
      TABLE 8 EuropeColorimeter Market, by End User, 2020-2030 (USD Million)
      TABLE 9 Asia PacificColorimeter Market, by Product, 2020-2030 (USD Million)
      TABLE 10 Asia PacificColorimeter Market, by End User, 2020-2030 (USD Million)
      TABLE 11 Latin AmericaColorimeter Market, by Product, 2020-2030 (USD Million)
      TABLE 12 Latin AmericaColorimeter Market, by End User, 2020-2030 (USD Million)
      TABLE 13 The Middle-East and AfricaColorimeter Market, by Product, 2020-2030 (USD Million)
      TABLE 14 The Middle-East and AfricaColorimeter Market, by End User, 2020-2030 (USD Million)
      TABLE 15 Global Colorimeter Market - Company Revenue Analysis 2020-2022 (USD Million)
      TABLE 16 Global Colorimeter Market - Company Revenue Share Analysis 2020-2022(%)
      TABLE 17 Acquisitions and Mergers
      TABLE 18 New Product/Service Launch
      TABLE 19 Research & Development Activities
      TABLE 20 Market Drivers
      TABLE 21 Market Restraints
      TABLE 22 Market Opportunities

Industry Major Market Players

  •  Admesy BV
  •  Beijing TIME High Technology
  •  BYK Gardner
  •  ELDIM
  •  ERICHSEN
  •  Hach
  •  Hanna Instruments
  •  Harvard Bioscience
  •  Instrument Systems
  •  Konica Minolta Sensing