Global Particle Counters Market Which Showed Resilience During the Pandemic Expected to Surge Ahead with a 10.3% CAGR in the 2022-2031 Period [240-Pages] | Framed by Research Dive
The global particle counters market is expected to grow primarily due to the growing demand from clean room facilities. Portable sub-segment is expected to flourish immensely. The North America market is predicted to grow with a high CAGR by 2031.
NEW YORK, March 16, 2023 /PRNewswire/ --
Global Particle Counters Market Forecast Analysis:
As per the report published by Research Dive, the global particle counters market is expected to register a revenue of $936.8 million by 2031 with at a CAGR of 10.3% during the 2022-2031 period.
Segments of the Particle Counters Market
The report has divided the particle counters market into the following segments:
Type: airborne particle counters, liquid particle counters, and others
Modularity: benchtop, portable, and handheld
Technology: online particle counters and offline particle counters
Application: cleanroom monitoring, drinking water contamination monitoring, aerosol monitoring & research, indoor air quality monitoring, contamination monitoring of liquids, chemical contamination monitoring, and others
Industry Vertical: life sciences and medical device Industry, semiconductor industry, automotive industry, aerospace industry, food and beverage industry, and others
Region: North America, Europe, Asia-Pacific, and LAMEA
Dynamics of the Global Particle Counters Market
Growing use of particle counters for clean room facilities is expected to become the primary growth driver of the particle counters market in the forecast period. Additionally, surge in demand for particle counters from the food and beverage industry is predicted to propel the market forward. However, according to market analysts, lack of standardization might become a restraint in the growth of the market.
Increasing government policies on monitoring of air pollution are predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, increased demand from life sciences & medical device industry is expected to propel the particle counters market forward in the coming period.
COVID-19 Impact on the Global Particle Counters Market
The Covid-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The particle counters market faced a somewhat moderate impact of the pandemic. Growth in drug development and research led to an increase in demand for particle counters from pharmaceutical, medical, and life sciences industries. On the other hand, lockdowns brought down the demand for particle counters from automobile manufacturing, semiconductor manufacturing, and aerospace industries. Both these factors had an adverse impact on the growth rate of the market.
Key Players of the Global Particle Counters Market
The major players of the market include
These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain the market growth.
For instance, in January 2023, Ansys, a leading software company, announced the acquisition of Rocky DEM, a leading particle dynamics simulation software. This acquisition is expected to expand the portfolio of Ansys and it will help the company to cater to the demands of a wider cross-section of the industry.
What the Report Covers
Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter's five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)
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About Research Dive
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
Mr. Abhishek Paliwal
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