In the coming years, the market is expected to witness the highest growth in the Asia-Pacific region. This can be attributed to factors such as the growing pharmaceutical and semiconductor industries and increasing manufacturing activities in the region.
North America accounted for the largest share of the global market. Growth in the North American market is primarily driven by the growing pharmaceutical industry, rising hi-tech industries, and increasing employment of particle counters for air pollution monitoring.
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The particle counters market is projected to reach USD 330.6 Million by 2021 from USD 275.9 Million in 2016, at a CAGR of 3.7%.
The growth of the market can be attributed to the growing pharmaceutical and semiconductor industries, increasing spending on pharmaceutical R&D, and growing manufacturing industries in emerging nations.
On the basis of end user, the global market is segmented into the healthcare industry, semiconductor industry, automotive industry, aerospace industry, food and beverage industry, and other end users. In 2016, the pharmaceutical industry is expected to account for the largest share of the global market. Rising geriatric population, increasing prevalence of chronic diseases, increasing consumption of drugs, and increasing spending in pharmaceutical R&D is expected to augment the demand for particle counters in this end-user segment.
Top Key Players
The key players in the particle counters market include Particle Measuring Systems (U.S.), Beckman Coulter (U.K.), RION Co., Ltd (Japan), Lighthouse Worldwide Solutions (U.S.), TSI (U.S.), and Climet Instruments Company (U.S.)
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