Particle Counter Market Expected to Surpass US$661 Million by 2029 | Fairfield Market Research
The global particle counter market, valued at US$22.4 million in 2019, is projected to experience substantial growth, reaching a valuation exceeding US$661 million by the end of 2029, according to a report by Fairfield Market Research. The market is anticipated to register a robust CAGR of more than 7% during the forecast period from 2021 to 2029.
Key Highlights from the Report:
- Cleanroom Monitoring: The particle counter market is witnessing significant growth driven by its applications in cleanroom monitoring processes. These counters are crucial for ensuring air quality and contamination control in clean media, including air, water, and chemicals.
- COVID-19 Impact: The COVID-19 pandemic has acted as a catalyst for market growth. The importance of air quality and contamination control has surged, particularly in healthcare, further driving the demand for particle counters.
Market Overview:
The particle counter market is experiencing accelerated growth due to the rising importance of monitoring air and liquid quality across various industries.
Key Drivers:
- Digital Transformation: Increasing adoption of digital technologies, including AI, blockchain, IoT, and automation, is streamlining supply chain operations and boosting the demand for particle counters, especially in industries like pharmaceuticals and semiconductor manufacturing.
- Piracy Concerns: The rising number of pirate attacks on ships, particularly in critical maritime routes, is increasing the need for particle counters to ensure air quality and safety in cleanroom environments.
Challenges:
- Environmental Regulations: Stricter environmental regulations are pushing industries to maintain air and liquid quality, driving the adoption of particle counters. However, meeting these regulations poses challenges.
Key Market Segments:
- Type: Airborne particle counters, including portable, remote, handheld, and condensation/ultrafine counters, dominated the market in 2021, accounting for over 55% of the market share.
- Applications: Cleanroom monitoring led the market, contributing to more than 35% of the total share in 2021, driven by the need for contamination control in pharmaceutical and clean manufacturing processes.
Key Players:
Prominent players in the global particle counter market include Climet Instruments Company, Palas GmbH, Particle Measuring Systems, Setra System, TSI, Fluke Corporation, PAMAS Partikelmess- und Analysesysteme GmbH, Lighthouse Worldwide Solutions, Kanomax USA, Inc., and RION Co., LTD.
Geographical Insights:
- North America: The region dominated the market in 2021, with the US as a key player. The US Environmental Protection Agency (EPA) monitors air quality trends for particle pollution, driving the demand for particle counters.
- Asia Pacific: Growing industrialization, especially in China and India, is boosting the adoption of particle counters, particularly in the pharmaceutical industry. Both countries are significant players in cleanroom monitoring.
- Latin America and Middle East & Africa: These regions are expected to register substantial growth, driven by increasing cleanroom requirements and demand for contamination control.
Browse Global Particle Counter Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2029 (By Type Coverage, By Application Coverage, By End-user Coverage, By Geography, Leading Companies): https://www.fairfieldmarketresearch.com/report/particle-counter-market
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COMTEX_440951788/2840/2023-09-26T03:08:18
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