Global Process Analyzer Market 2024-2028
The process analyzer market is forecasted to grow by USD 2077.9 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the process analyzer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by capacity additions in major end-user industries, rising concerns toward controlling and monitoring emission levels, and growing focus on recycling of natural resources and renewable energy.
Technavio's process analyzer market is segmented as below:
By End-user
- Oil and gas
- Chemical and petrochemical
- Healthcare
- Water and wastewater treatment
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the vendors introducing portable process analyzers as one of the prime reasons driving the process analyzer market growth during the next few years. Also, increasing acceptance of raman spectrometers and wireless process analyzers enabling industrial automation will lead to sizable demand in the market.
The report on the process analyzer market covers the following areas:
- Process analyzer market sizing
- Process analyzer market forecast
- Process analyzer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading process analyzer market vendors that include ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Aneolia SARL, Bruker Corp., Danaher Corp., Emerson Electric Co., Endress Hauser Group Services AG, Honeywell International Inc., KROHNE Messtechnik GmbH, Metrohm AG, Mettler Toledo International Inc., Modcon Systems Ltd., Perkin Elmer Inc., Schneider Electric SE, Siemens AG, Spectris Plc, Teledyne Analytical Instruments, Testo SE and Co. KGaA, Thermo Fisher Scientific Inc., and Yokogawa Electric Corp.. Also, the process analyzer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.