Market Trends of Global Particle Counters Industry
This section covers the major market trends shaping the Particle Counters Market according to our research experts:
Portable Segment is Expected to Exhibit a Significant Market Growth Over the Forecast Period
Portable particle counters provide real-time cleanroom particle counting in an easy-to-use, reliable instrument. With various advantages like spot checking, monitoring indoor air quality, and being very flexible in their usage makes the segment expects significant growth over other types.
The portable counter is expected to show a significant growth rate in the particle counter, owing to the new upcoming products and partnerships/collaborations between the companies. For instance, in May 2022, Validair formed a new company that has been appointed as a channel partner for Ireland by TSI Inc. a particle counter manufacturer and contamination control company that also deals with portable particle counters.
Furthermore, in September 2021, TSI introduced a new comprehensive solution to monitor the ultrafine particles that include the sampling of ultrafine particles as well as particle number (PN) concentration and particle size distribution (PSD) measurements.
Thus, the aforementioned factors are expected to impact positively on the portable segment which drives the market growth over the forecast period.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to be a dominant region in the particle counters market owing to increasing investment in research and development activities related to pharmaceuticals and biopharmaceuticals and new product approvals and launches.
According to the Pharmaceutical Researchers and Manufacturers of America (PhRMA), the United States has the highest share of around 58% in terms of R&D expenditure. The entire United States biopharmaceutical invested an estimated 122 billion USD in research and development in 2020. It also stated that the biopharmaceutical industry invests on average six times more in R&D as a percentage of sales than all other manufacturing industries.
Furthermore, the new advancements under product launch help in the growth of the market. For instance, in February 2021, Phizzle launched its EDGMaker Digital Air Series, the first software solution on the market to remotely operate multi-vendor particle counters in scientific data applications such as pharmaceutical manufacturing.
Thus, in view of the aforementioned factors, the studied market is predicted to grow over the forecast period in North America.