Colorimeter Market – Global Industry Analysis and Forecast (2023-2029) by Portability, End Use and Region


Colorimeter Market size was valued at US$ 791.44 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 7.3% through 2022 to 2029, reaching nearly US$ 1296 Mn.

Colorimeter Market Overview:

A colorimeter compares the amount of light that can pass through a solution to the amount that can pass through a pure solvent sample. A photocell is used in a colorimeter to detect the amount of light flowing through the solution being tested. The photocell's current is determined by the amount of light that strikes it after passing through the coloured solution. The absorption of light increases with the concentration of the colorant in the solution; less light passing through the solution equals less current produced by the photocell.

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Colorimeter Market Dynamics:

The colorimeter market is largely driven by growing water utilities and the food & beverage industries. Colorimeters are in higher demand in hospitals and laboratories for analysing biochemical samples such as urine, cerebrospinal fluids, plasma, biochemical samples, and serum. Colorimeters are commonly used to estimate blood components, proteins, glucose, and other biological constituents quantitatively. It's also used to manufacture textiles and paints in the food and manufacturing industries. It is also used by diamond merchants who use it to measure the properties of diamonds and determine if they are real or not. These are the key benefits of the colorimeter that drive the growth in the global market in the forecast period.

For analysis, a Colorimeter requires a large number of samples. The fact that colorless substances cannot be examined is the biggest disadvantage of colorimeters. Many experimental factors can contribute to the colorimeter's lack of accuracy and underestimate of absorbance measurements. One possible source of mistake is a flaw in the absorber, which may not entirely absorb stray light travelling through the photo resistor’s perimeters. These are the major factors that restrict the growth of the global market in the forecast period.

Colorimeter Market Segment Analysis:

Based on the Portability, the market is segmented into Portable and Stationary. The portable colorimeter segment is expected to hold the largest market share of xx% by 2029. Color measurement on plastic can be done using the portable colorimeter. In the car industry, the portable colorimeter is also used to measure colors on car finishes. Some high-level portable colorimeters can be used for quality control and research and development.

These portable colorimeters can reliably measure the reflection, transmission, spectrum reflectance, spectral transmittance, and turbidity of transparent samples. It's a multi-functional portable colorimeter with a variety of measuring methods and sample positioning mechanisms. These are the key benefits that drive the growth of the Portable colorimeter segment in the global market in the forecast period.

Based on the End Use, the market is segmented into Pharmaceuticals, Food & Beverages, Paints & Textiles, Chemical, Research & Educational Institutes, Agriculture, Water Utilities, Healthcare, Automotive & Transportation, and Electronics. Food & Beverages segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2029.

Colorimeters are popular in the food and beverage industry due to their simple operation and easy interpretation of colour data. The shade of food products has a major impact on people's mentality. Colorimeters deliver quantifiable colour measurements to ensure colour uniformity in food and beverage products, hence improving quality - a key element in consumer retention. When it comes to generating a product that retains colour constancy over time, colorimeter and the usage of spectrophotometers are important in the food industry. Colour differences in fresh products, such as fruits and vegetables, can identify quality loss and degradation. These are the factors that drive the growth of the food & beverages segment in the global market in the forecast period.

Colorimeter Market

Colorimeter Market Regional Insights:

North America dominate the Global Market during the forecast period 2023-2029. North America is expected to hold the largest market shares of xx% by 2029. Colorimeter market growth is largely driven by rapid growth in the water utilities and pharmaceutical industries in North America. This is the key factor that drives the growth in the global market in the forecast period.

Europe is expected to hold the 2nd largest market shares of xx% during the forecast period 2023-2029. Colorimeters are in high demand in Europe, especially in industries including food and beverage, water utilities, and pharmaceuticals. This is the major factor that boosts the growth in European region in the global market in the forecast period.

The objective of the report is to present a comprehensive analysis of the Global Colorimeter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also helps in understanding the Global Colorimeter Market dynamic, structure by analyzing the market segments and project the Global Colorimeter Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Colorimeter Market make the report investor’s guide.

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Colorimeter Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US$ 791.44 Mn.




Forecast Period 2023 to 2029 CAGR:
7.3%
Market Size in 2029:
US$ 1296 Mn.




 Segments Covered:
by Portability
• Portable
• Stationary




by End Use
• Pharmaceuticals
• Food & Beverages
• Paints & Textiles
• Chemical
• Research & Educational Institutes
• Agriculture
• Water Utilities
• Healthcare
• Automotive & Transportation
• Electronics






Colorimeter Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Colorimeter Market Key Players are:

• Thermo Fisher Scientific, Inc.
• The Biochrom subsidiary of Harvard Bioscience
• Milwaukee Instruments
• Admesy
• PASCO
• Xylem Inc.
• Konica Minolta Sensing Americas, Inc.
• Hanna Instruments
• Vernier Software and Technology
• Taylor Technologies
• Colorimetry Research Inc.
• Danaher
• Bibby Scientific Limited
• Palintest
• LaMotte
• NEC Display Solutions
• Others

Frequently Asked Questions:

1. Which region has the largest share in Global Colorimeter Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Colorimeter Market?
Ans: The Global Colorimeter Market is expected to grow at a CAGR of 7.3% during forecast period 2023-2029.

3. What is scope of the Global Colorimeter market report?
Ans: Global Colorimeter Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Colorimeter market?
Ans: The important key players in the Global Colorimeter Market are – Thermo Fisher Scientific, Inc., The Biochrom subsidiary of Harvard Bioscience, Milwaukee Instruments, Admesy, PASCO, Xylem Inc., Konica Minolta Sensing Americas, Inc., Hanna Instruments, Vernier Software and Technology, Taylor Technologies, Colorimetry Research Inc., Danaher, Bibby Scientific Limited, and Palintest.

5. What is the study period of this market?
Ans: The Global Colorimeter Market is studied from 2022 to 2029. 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Colorimeter Market Size, by Market Value (US$ Mn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2021
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Colorimeter Market
3.4. Geographical Snapshot of the Colorimeter Market, By Manufacturer share
4. Global Colorimeter Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Global Colorimeter Market
5. Supply Side and Demand Side Indicators
6. Global Colorimeter Market Analysis and Forecast, 2022-2029
6.1. Global Colorimeter Market Size & Y-o-Y Growth Analysis.
7. Global Colorimeter Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
7.1.1. Portable
7.1.2. Stationary
7.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
7.2.1. Pharmaceuticals
7.2.2. Food & Beverages
7.2.3. Paints & Textiles
7.2.4. Chemical
7.2.5. Research & Educational Institutes
7.2.6. Agriculture
7.2.7. Water Utilities
7.2.8. Healthcare
7.2.9. Automotive & Transportation
7.2.10. Electronics
8. Global Colorimeter Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Colorimeter Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
9.1.1. Portable
9.1.2. Stationary
9.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
9.2.1. Pharmaceuticals
9.2.2. Food & Beverages
9.2.3. Paints & Textiles
9.2.4. Chemical
9.2.5. Research & Educational Institutes
9.2.6. Agriculture
9.2.7. Water Utilities
9.2.8. Healthcare
9.2.9. Automotive & Transportation
9.2.10. Electronics
10. North America Colorimeter Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Colorimeter Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
11.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
12. Canada Colorimeter Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
12.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
13. Mexico Colorimeter Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
13.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
14. Europe Colorimeter Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
14.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
15. Europe Colorimeter Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Colorimeter Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
16.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
17. France Colorimeter Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
17.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
18. Germany Colorimeter Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
18.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
19. Italy Colorimeter Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
19.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
20. Spain Colorimeter Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
20.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
21. Sweden Colorimeter Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
21.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
22. CIS Countries Colorimeter Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
22.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
23. Rest of Europe Colorimeter Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
23.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
24. Asia Pacific Colorimeter Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
24.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
25. Asia Pacific Colorimeter Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Colorimeter Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
26.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
27. India Colorimeter Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
27.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
28. Japan Colorimeter Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
28.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
29. South Korea Colorimeter Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
29.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
30. Australia Crushing and Screening Systems Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
30.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
31. ASEAN Colorimeter Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
31.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
32. Rest of Asia Pacific Colorimeter Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
32.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
33. Middle East Africa Colorimeter Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
33.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
34. Middle East Africa Colorimeter Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Colorimeter Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
35.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
36. GCC Countries Colorimeter Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
36.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
37. Egypt Colorimeter Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
37.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
38. Nigeria Colorimeter Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
38.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
39. Rest of ME&A Colorimeter Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
39.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
40. South America Colorimeter Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
40.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
41. South America Colorimeter Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Colorimeter Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
42.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
43. Argentina Colorimeter Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
43.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
44. Rest of South America Colorimeter Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Portability, 2022-2029
44.2. Market Size (Value) Estimates & Forecast By End Use, 2022-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Colorimeter Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile : Key Players
45.3.1. Thermo Fisher Scientific, Inc.
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. The Biochrom subsidiary of Harvard Bioscience
45.3.3. Milwaukee Instruments
45.3.4. Admesy
45.3.5. PASCO
45.3.6. Xylem Inc.
45.3.7. Konica Minolta Sensing Americas, Inc.
45.3.8. Hanna Instruments
45.3.9. Vernier Software and Technology
45.3.10. Taylor Technologies
45.3.11. Colorimetry Research Inc.
45.3.12. Danaher
45.3.13. Bibby Scientific Limited
45.3.14. Palintest
45.3.15. LaMotte
45.3.16. NEC Display Solutions
45.3.17. Others
46. Primary Key Insights
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