What is Potentiostats Market?
A potentiostat is an electronic instrument that controls the voltage difference between a working electrode and a reference electrode. The potentiostat implements this control by injecting current into the cell through an auxiliary, or counter, electrode. Voltage is measured by the input electrometer that has a high impedance. This current is then measured between the working and counter electrodes while this potential is maintained at the working electrode and reference electrode.
The market study is being classified by Type (Single Channel Potentiostats, Bipotentiostat and Multichannel Potentiostats), by Application (Electrochemistry, Biochemistry, Batteries/Fuel Cells/Supercaps, Physical Electrochemistry, Photovoltaics, Sensors Development and Others (Corrosion, Coatings)) and major geographies with country level break-up.
Tektronix, Inc. (United States), Metrohm AG (Switzerland), Gamry Instruments Inc (United States), AMETEK, Inc. (United States), DropSens (Spain), Palmsens BV (Netherlands), Ivium Technologies B.V. (Netherlands), ZAHNER-elektrik GmbH & Co. KG (Germany), Stanford Research Systems (United States) and Pine Research Instrumentation, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are ST Instruments B.V. (Netherlands), ACM Instruments (United Kingdom), Meidensha Corporation (Japan) and Analog Devices, Inc (United States).
The Players having a strong hold in the market are ektronix, Inc., Metrohm AG, and Gamry Instruments Inc. Research Analyst at AMA predicts that United States and European Players will contribute to the maximum growth of Global Potentiostats market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Potentiostats market by Type, Application and Region.
On the basis of geography, the market of Potentiostats has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing demand for Potentiostats in various industries and electrochemical research is the major driving factor for the growth of the global potentiostats.
Market Trend
- Rising use of Potentiostats for Protein Biosensing
Restraints
- High Cost Associated with Potentiostats
Opportunities
- Technological Advancement and Development in the Potentiostats
Market Leaders and some development strategies
On 5th February 2020, AMETEK, Inc. has announced that it has acquired IntelliPower, a leading provider of high-reliability, ruggedized uninterruptible power systems serving a wide range of defense and industrial applications.
On 28th May 2019, Analog Devices, Inc. (ADI) has announced a new electrochemical & impedance measurement front end that enables the next generation of vital sign monitoring devices and intelligent electrochemical sensors. The AD5940 analog front end incorporates both potentiostat and electrochemical impedance spectroscopy (EIS) functionality on a single chip, allowing for sensor measurement in both time and frequency domains.
Key Target Audience
Potentiostats Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other