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Process Analyzers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Global Process Analyzers Market: Synopsis

Process analyzers are analytical or engineering precision equipment that are used for monitoring parameters such as liquid and gas content during the manufacturing process. These analyzers are extensively used for the identification of chemical, physical, molecular and elemental properties of a sample. The process analyzers were firstly introduced into the market in 1930s when the non-dispersive infrared analyzers for the process gas streams was invented by Dr. Karl Luft. These analyzers provide real time data on chemical composition of the gas or liquid streams. Process analyzers use range of parameters for the delivery of precise, accurate and continuous measurement. Hence, owing to the precision and accuracy offered by the equipment these devices are used in industries such as pharmaceuticals, biotechnology, chemical, petrochemical, oil and gas.

Global Process Analyzers Market: Key Segments

The market for process analyzers can be segmented on the basis of types of analyzers, application and services. The types of analyzers segment can be further categorized into liquid analyzer and gas analyzer. Liquid analyzer market is sub segmented into chlorine analyzers, dissolved oxygen analyzers, colorimetric analyzers, conductivity analyzers, titro analyzers, near infrared analyzers, Miss analyzers, total organic carbon (TOC) & chemical oxygen demand (COD) analyzers and Ph/Orp analyzers. Gas analyzers can also be segmented as oxygen analyzers, carbon dioxide analyzers, moisture analyzers, hydrogen sulphide analyzers, flame ionization detection and toxic gas detection using photo ionization (Pid). The process analyzers market can also segmented on the basis of services that include equipment maintenance services, new installations, startup & commissioning, repair and replacement of parts and training services. Furthermore, the report on process analyzers can be segmented on the basis of applications such as food & beverage, mining, pulp & paper, power/utility, pharmaceuticals, cement & glass, chemical/petrochemical and water & waste treatment. Geographically the market for process analyzers would estimate the market size for North America, Europe, Asia-Pacific and Rest of the World.

Global Process Analyzers Market: Trends and Opportunities

Growing demand from waste and water treatment industries, technological advancements and increasing number of petrochemical, gas and oil industries are the major factors that are expected to drive the growth of process analyzers market. Furthermore, continuous demand by the end users for regular support, maintenance and replacement services to ensure the effective performance of the equipment are the other reasons that are likely to trigger the growth of process analyzers market. Similarly, increasing demand in developing nations for process analyzers is also anticipated to push the market growth to a higher end. Thus, witnessing the immense potential in developing nations most of the major players operating in this space have started to expand their business in the Asian region beyond mature markets such as the U.S., Europe and Japan.

Global Process Analyzers Market: Companies Mentioned in the Report

The market for process analyzers is highly fragmented hence intense competitive rivalry is seen among the players operating in this market segment. The major players operating in this market includes Abb Ltd., Agc Instruments, Ametek Process Instruments, Aneolia, Analytik Jena Ag, Biotector Analytical Systems Ltd., Endress+Hauser Ag, Emerson Process Management, Hach Company, Falcon Analytical, Honeywell International Inc., Metrohm Ag, Invensys Plc., Omega Engineering Inc., Mettler-Toledo International, Inc., Siemens Ag, Perkinelmer, Inc., Omega Engineering Inc., Swan Analytische Instrumente Ag, Xylem Inc., Thermo Fisher Scientific, Inc., Teledyne Analytical Instruments, Yokogawa Electric Corporation and others. These players dominate the market due to innovative and highly effective products.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.

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