Colorimeter Market Share

  • Report ID: 6935
  • Published Date: Jan 07, 2025
  • Report Format: PDF, PPT

Colorimeter Market Share

North America Market Statistics   

By 2037, North America colorimeter market is predicted to capture over 35.6% revenue share. Moreover, increased research activities in diverse scientific disciplines further increase demand for advanced colorimetric methods that support the accuracy of measurement. Together, these growth drivers make the market a critical aspect of contemporary analytical operations, with the growing scope of sectors engaged in precision and quality assurance.

The U.S. colorimeter market is witnessing robust growth owing to the growing attention to the detailing in imaging resolution and components. For instance, in November 2024, Radiant Vision Systems unveiled its new ProMetric I16-G-SC, an imaging colorimeter & spectrometer for complete color measurement in one solution. The ProMetric I imaging colorimeter are designed to address inspection demands for high-volume manufacturing of displays, illuminated components, light sources, and surfaces.

Canada in the colorimeter market is expanding rapidly owing to expanding advancements in healthcare techniques for better accuracy and reliability owing to the growing instances of cardiovascular diseases. For instance, in October 2024, Toronto-based Inagene Diagnostics Inc. introduced its cardiovascular health test, the most comprehensive genetic test related to cardiovascular medication. In a blink of an eye, it helps Canada people discover personalized treatments and the right heart medication that may save their lives.

Asia Pacific Market Analysis

The colorimeter market in Asia Pacific is gaining traction and is expected to witness lucrative growth during the forecast timeline. Due to growing industrialization and technological advancements, the imaging colorimeter market is expanding at the fastest rate in this region. In addition, economic giants such as China and India are adding to the growth. For instance, the value-added industrial output of China rose by 4.6% in 2023, according to data from the National Bureau of Statistics (NBS). Furthermore, market expansion is driven by the growing need for quality control and inspection in a variety of industries, including electronics and the automotive sector. This trend is further supported by robust economic growth and large R&D investments.

The India colorimeter market is undergoing expansion attributable to innovations in digital technologies and sensors and camera technologies. For instance, in January 2024, Panasonic Life Solutions India announced the launch of a new digital mirrorless camera, LUMIX G9II. This is the newest variant of the flagship G Series Segment line-up for the Indian market, offering a new sensor, a new engine, and Phase Detection Auto Focus (PDAF) technology for unparalleled photograph/videographic performance and high-speed response in the LUMIX G Series.

The colorimeter market in China is growing exponentially driven by the need to enhance its distribution network and promote reliability, ecological balance, and sustainability.  For instance, in May 2024, the state-of-the-art facility of Veolia in Changshu enhanced supply chain resilience for key industries, promoting environmental stewardship as part of its commitment to drive ecological transformation. The plant will provide a reliable source of treated and ultrapure water for businesses in sectors like microelectronics, pharmaceutical, petrochemical, power, and food and beverage. With innovative water recycling systems integrated at the site, the plant will reduce city water consumption by up to 60% to preserve precious water resources for the local community.

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Author Credits:  Radhika Pawar


  • Report ID: 6935
  • Published Date: Jan 07, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the colorimeter market was over USD 1 billion.

The market size for the colorimeter market is projected to reach USD 2.4 billion by the end of 2037 expanding at a CAGR of 7.9% during the forecast period i.e., between 2025-2037.

The major players in the market are MHT Optic Research AG, Zfx GmbH, Myron L Company, O'Keefe Controls Co, Global Treat. Inc., and more.

In terms of end user, the clinical diagnostics labs segment is anticipated to garner the largest market share of 32.3% by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to account for a prominent share of 35.6% by the end of 2037 and provide more business opportunities in the future.
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