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Particle Measuring Systems Market Report Overview
The global particle measuring systems market size was USD 22614 million in 2021 & the market is expected to reach USD 51,883.53 million in 2031, exhibiting a CAGR of 8.63% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the particle measuring systems market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Particle counters are used to measure the amount of dust in the air by detecting particles, as the name suggests. It is a very helpful piece of equipment for determining indoor air quality, especially in spaces like offices and homes. A particle measuring systems use for the airborne particles that are anticipated to be present rather than necessarily indicating the quantity of dust particles that are present in the environment. The increase of pharmaceutical sector spending and the growing presence of oil and gas industries are two factors that are encouraging for the growth of the worldwide particle measuring systems market. As a result, particle counter producers employ cutting-edge methods to satisfy customer requests and follow the law.
COVID-19 Impact: Pandemic Hamper the Demand of Particle Measuring Systems to Market Growth
The COVID-19 pandemic's immediate effects are still various, even though it is currently altering the development of numerous businesses. While some industries' demand will decline, many others will be constant and show promising development potential. However, several allied industrial applications of target products have been reported with limited utilization of particle measuring systems due to supply chain disruptions in the aerospace and automotive industries as well as regulatory relaxation in the pollution monitoring and bulk manufacturing industries.
Latest Trends
"The Application Sector is Being Led by the Airborne Particles Segment to Boost Market Growth"
The particle measuring systems market is growing mostly due to airborne particles. A cleanroom's compliance with the required particle concentration constraints within the ISO class criteria can be assessed using airborne particle counts. They can be taken with a particle counter as part of a cleanroom validation check. Airborne particle counters are essential for monitoring, classifying, and identifying the source and makeup of contaminants in cleanroom operations. Manufacturers of semiconductors, flat panel displays, and hard disc storage devices have known for a long time that better air quality correlates with higher yields.
Particle Measuring Systems Market Segmentation
- By Type Analysis
According to type, the particle measuring systems market can be segmented into Portable, Handheld and Remote.
In terms of type, the Portable is anticipated to be the largest segment during the forecast period.
- By Application Analysis
Based on application, the particle measuring systems market can be divided into Cleanroom Monitoring, Parts Cleanliness Testing, Facility Certification and Filter Testing.
In terms of application, the Cleanroom Monitoring market is projected to hold the largest market share through 2031.
Driving Factors
"Use of Particle Counters has Increased in Some Areas to Increase Market Growth "
Particle measuring systems market growth is being fuelled by factors like growing semiconductor and pharmaceutical industries, as well as emerging countries' manufacturing sectors. On the other hand, the expanding industrial sector in developing nations will create a wealth of new opportunities, driving the market for particle counters forward over the course of the projection period.
"Cleanroom and Manufacturing Rules and Regulations Which Led to Encourage Market Demand "
Numerous quality certifications, including ISO inspections and the National Safety and Quality Health Requirements (NSQHS), have become necessary due to the rising demand for certified products to guarantee that production procedures and products adhere to the highest standards. Product processing in a cleanroom environment is required by quality certifications to ensure the least amount of contamination. The requirement to maintain a sterile and contamination-free environment has led to an increase in the use of cleanrooms and monitored working spaces in the production of healthcare products. Additionally, constant monitoring has been required throughout the pharmaceutical manufacturing process due to the possibility of negative medication reactions.
Restraining Factors
"Expensive Particle Counters by a Production Industry is Decline Market Demand"
Due to its comprehensive features and capabilities, particle counters cost extra. In addition to the price of the technology, checking for industry compliance is also expensive. The demand for particle counters has increased due to technological advancements and better operating efficiencies, but prices have also increased significantly. Particle counters are unable to distinguish between viable and non-viable particles, such as clay or Giardia cysts. Lack of standardization makes it difficult to compare data because different particle counter brands produce varied results. Different requirements for diverse applications: An instrument may be too specialized to suit the criteria of another application area and fail to function well.
Particle Measuring Systems Market Regional Insights
"The Asia Pacific Region will Dominate Market Due to Quick Fully Developed Pharmaceutical Sector "
Due to the rising demand for liquid particle counters in the oil and gas industry and the presence of a fully developed pharmaceutical and healthcare sector, Asia-Pacific is anticipated to experience the fastest growth rate during the forecast period. The market is expanding as a result of rising drug development activities, government funding for life science research and development, high adoption of technologically advanced solutions, a robust pharmaceutical industry, technological advancements, and an increase in the use of particle counters for air quality monitoring.
Key Industry Players
"Adoption Experiential Marketing Services by Key Players Influencing Market Development"
The top key players in the market are Testo, TSI, Particle Measuring Systems, PCE Deutschland GmbH, Spectris, Palas GmbH, Aeroqual, GRIMM. Most of the top players hold the particle measuring systems market share in some regions. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the particle measuring systems market growth in the competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession of market shares by the key players stimulates the particle measuring systems market.
LIST OF TOP PARTICLE MEASURING SYSTEMS COMPANIES
- Testo
- TSI
- Particle Measuring Systems
- PCE Deutschland GmbH
- Spectris
- Palas GmbH
- Aeroqual
- GRIMM
- Sympatec
- Sokken
Report Coverage
This report examines an understanding of the particle measuring systems market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 22614 Million in 2021 |
Market Size Value By |
US$ 51883.53 Million by 2031 |
Growth Rate |
CAGR of 8.63% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global particle measuring systems market expected to touch by 2031?
The global particle measuring systems market is expected to touch USD 51,883.53 million in 2031.
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What CAGR is the particle measuring systems market expected to exhibit during 2021-2031?
The particle measuring systems market is expected to exhibit a CAGR of 8.63% over 2021-2031.
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Which are the driving factors of the particle measuring systems market?
The application sector is being led by the airborne particles segment are the driving factor of the particle measuring systems market.
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Which are the top companies operating in the particle measuring systems market?
Testo, TSI, Particle Measuring Systems, PCE Deutschland GmbH, Spectris, Palas GmbH, Aeroqual, GRIMM are the top operating companies in the particle measuring systems market.