Home Argentina market New StrategyR Study Highlights $ 2.6 Billion Global Market for Electrochemical Instruments by 2026

New StrategyR Study Highlights $ 2.6 Billion Global Market for Electrochemical Instruments by 2026


SAN FRANCISCO, October 7, 2021 / PRNewswire / – A new market study released by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Electrochemical Instruments – Global Market Trajectory & Analytics”. The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.

Global Electrochemical Instruments Market

Editing: 9; Posted: April 2021
Executive pool: 1339
Companies: 41 – Players covered include Danaher Corporation; Dkk-Toa Company; Endress + Hauser AG; Hanna Instruments, Inc .; Horiba Ltd. ; Metrohm SA; Mettler-Toledo International, Inc .; Thermo Fisher Scientific, Inc .; Xylem, Inc .; Yokogawa Electric Corporation and others.
Blanket: All major geographies and key segments
Segments: End use (environmental testing, biotechnology and pharmaceutical companies, food industries, other end uses); Product (electrochemical counters, titrators, ion chromatographs, other products)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.

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Global Electrochemical Instruments Market To Reach $ 2.6 billion by 2026
In the midst of the COVID-19 crisis, the global electrochemical instruments market is estimated to be US $ 2.1 billion in 2020, is expected to reach a revised size of 2.6 billion US dollars by 2026, with a CAGR of 3.7% over the analysis period. Electrochemical meters, one of the segments analyzed in the report, is expected to register a CAGR of 4.3% and reach US $ 1.2 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the titrator segment is readjusted to a revised CAGR of 3.5% for the next 7 year period.

The US market is estimated at $ 590.8 million in 2021, when China is expected to reach $ 546.6 million by 2026
The market for electrochemical instruments in the United States is estimated at US $ 590.8 million in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 546.6 million by 2026, with a CAGR of 6.7% over the analysis period. Other notable geographic markets include Japan and Canada, each forecasts growth of 1.1% and 2.8% respectively over the period of analysis. In Europe, Germany is expected to grow at around 1.8% CAGR.

Segment of ion chromatographs to be reached US $ 428.3 million by 2026
In the global ion chromatograph segment, United States, Canada, Japan, China and Europe will lead to the estimated 2.6% CAGR for this segment. These regional markets representing a combined market size of US $ 269.6 million in 2020 will reach a projected size of 322 million US dollars before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following

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About Global Industry Analysts, Inc. and StrategyR â„¢
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for more than 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.


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