The report covers forecast and analysis for the Colorimeter market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Colorimeter market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Colorimeter market on a global level. In order to give the users of this report a comprehensive view on the Colorimeter market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein type, end-user and regional segments are benchmarked based on their market size, growth rate and general attractiveness.
A colorimeter can measure light waves absorbance. Throughout color analysis, the difference in electromagnetic radiation intensity in the spectrum's visible wavelength area is measured after an object or solution is transmitted or reflected. Such a calculation can help to determine the concentration of substances as the volume and color of the light that is absorbed and transmitted depends on the properties of the solution, including the density of particles. A colorimeter is an instrument that measures the amount of light which passes through a solution to the amount that can pass through a pure solvent sample. A colorimeter includes a photocell that can measure the amount of light that passes through the examined solution.
The study provides a decisive view on the Colorimeter market by segmenting the market based on type, end user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on product, the market is segmented into Digital Colorimeter and Manual Colorimeter. Based on end-user, the market is segmented into clinical diagnostics labs, pharmaceutical companies, research institutes and others. The clinical diagnostics labs segment dominated the colorimeter market with the largest share of the market. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil. Strong market growth in North America can be attributed to increased health care services, increased awareness among people, and increased prevalence of eye disorders. Geographically, due to a well-established player, increased dental diseases, and increased awareness of dental aesthetics, the Americas is expected to dominate the global colorimeter market.
Due to the increasing 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. It is expected that factors such as increased dental illness and increased awareness of dental aesthetics would drive market growth. Nevertheless, the lack of skilled professionals over the forecast period is likely to hamper market growth.
Key players within global Colorimeter market include Admesy BV, Beijing TIME High Technology, BYK Gardner, ELDIM, ERICHSEN, Hach, Hanna Instruments, Harvard Bioscience, Instrument Systems, Konica Minolta Sensing amongst others.
The report segments global Colorimeter market as follows:
Global Colorimeters Market: Product Type Segment Analysis
Global Colorimeters Market: End User Segment Analysis
Global Colorimeter Market: Regional Segment Analysis