Conductivity Sensors Market - Forecasts from 2023 to 2028

The global conductivity sensors market is estimated to grow at a CAGR of 8.23% during the forecast period.

Conductivity sensors are devices used to measure the electrical conductivity of a liquid or solution. Such sensors typically consist of two electrodes immersed in the liquid being measured, an electrical current passed between the two electrodes, and the resulting voltage difference is measured. The conductivity of the liquid can then be calculated based on the voltage and the geometry of the electrodes. Conductivity sensors are either contacting or inductive type. They are used in various industries, including food and beverage, pharmaceutical, life sciences, and chemicals, to measure the concentration of ions or dissolved solids in liquids, ensuring quality control, purity, and accurate dosing of chemicals. The increasing demand for high-quality products, bolstering growth in the F&B and pharmaceuticals sector, coupled with the need for efficient monitoring and control of processes in industries, are driving the demand for conductivity sensors, thereby propelling their market growth.

The growing food & beverage sector is augmenting the demand for conductivity sensors.

Conductivity sensors are used in the food and beverage industry to measure the concentration of dissolved solids, such as salt, sugar, and acids, in various products such as juices, soft drinks, dairy products, and beer. Conductivity sensors help ensure product quality and consistency by accurately measuring key parameters like the concentration of dissolved solids. The growing demand and consumption of nutritional food & beverages, coupled with the growing population, has boosted the growth of the food & beverage sector. According to India Brand Equity Foundation (IBEF), in 2022, fast-moving consumer goods (FMCG) will be the fourth-largest sector in the Indian economy, and food and beverages account for 19% of the sector. According to the International Food and Beverage Alliance (IFBA), global food and beverage sales increased by 3.9% in 2020, reaching approximately $8.2 trillion. Such significant growth will boost the demand for conductivity sensors, positively impacting their market growth.

The increase in pharmaceutical production will propel the conductivity sensors market growth.

Conductivity sensors find applicability in the pharmaceutical industry to measure the conductivity of solutions used in drug formulation and monitor the purity of the water used in manufacturing processes. The pharmaceutical industry must ensure efficient monitoring and control of production processes for high-quality pharmaceutical products and stringent regulatory requirements for drug safety and efficiency. Conductivity sensors play a crucial role in helping to ensure that pharmaceutical products meet quality standards and regulatory requirements by providing accurate measurements of key parameters. The growing pharmaceutical production will boost the demand for conductivity sensors. According to the European Federation of Pharmaceutical Industries and Association, in 2020, European pharmaceutical production stood at €310,000 million, representing a 5.8% increase over 2019. Also, as per the Indian Economic Survey 2021, India’s domestic pharmaceutical market stood at US$ 42 billion in 2021 and is likely to reach US$ 65 billion by 2024 and further expand to US$ 120-130 billion by 2030.

The Asia Pacific is expected to hold a significant market share throughout the forecast period.

The Asia Pacific region will account for a major market share due to the rapid growth of key industries, including pharmaceuticals, food & beverage, and chemicals, and a growing population in China and India. In 2021, to support the pharmaceutical industry, the Chinese Government outlined the importance of healthcare in China’s 14th Five-Year Plan and Healthy China 2030 initiative by decreasing inequality in the insurance coverage ranges, increasing access to medicine, and making medicine affordable. On 31st March 2021, as a part of the Prime Minister’s announcement of Aatmanirbhar Bharat Abhiyan, the Government of India, approved a Central Sector Scheme, namely the “Production Linked Incentive Scheme for Food Processing Industry” with an outlay of INR 10,900 crores to be implemented for a period of seven years from 2021-2022 to 2026-27 to support Indian brands of food products in the international markets. Such developments will boost the demand for conductivity sensors used in food & beverages and pharmaceutical product production, thereby boosting the regional market growth.

Market Developments:

• September 2022: Sensorex introduced the Chemical Resistant Toroidal Conductivity Sensor, designed to be used with harsh chemicals or corrosive elements and include a measurement range of up to 2,000 mS.
• August 2022: Innovative Sensor Technology AG released the thick-film conductivity sensor LFS1505, which is easy to fit into small hand-held measurement devices and suitable for single-use applications.
• October 2020: HORIBA Instruments launched the new 300-2C-C 2-cell conductivity sensor cartridge” that can measure conductivity from 0.01 to 500 µS/cm for low conductivity measurements, including ultra-pure water applications

Market Segmentation:

By Type

• Contact
• Inductive

By End-User

• Food & Beverages
• Chemicals
• Pharmaceuticals
• Life Sciences
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• UK
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Other