Global Mercury Analyzer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Mercury Analyzers refer to a unique all-purpose high sensitivity analytical instrument for measuring mercury, especially for the real time detection of mercury vapor in air, mercury detection in water, natural and stack gases, oil and condensate, solid and sediments, foodstuff, and so on.
Market Overview:
The latest research study on the global Mercury Analyzer market finds that the global Mercury Analyzer market reached a value of USD 92.44 million in 2022. It’s expected that the market will achieve USD 134.34 million by 2028, exhibiting a CAGR of 6.43% during the forecast period.
As mercury has the ability to adsorb onto most surfaces, each application has its own particular sampling requirements. Factors of mercury analyzer such as ease of use, convenience, and reliability drive the market, along with rapid advances in science & technology, cost efficient mercury detection, and the growth rate of scientific experiments that create plenty of future opportunities for the mercury analyzer market.
Limitations
Advanced technology is mainly concentrated in Europe and the United States developed countries, regional technological development is not balanced, resulting in different products between different companies, the relationship between large companies and downstream customers is stable, the new entrants are not easy to open their own market.
Most of the business of the manufacturers is industrial equipment products, the relevant equipment needs to be more evaluation, equipment R & D investment and Production cycle will be longer.
Opportunities
Mercury Analyzer is very essential on the product in various end user industries. With the increasing production scale of the industries, developing supply chains and globalization, there is high demand for solutions for environment protection and food safety applications.
The Mercury Analyzer Market is a rapidly growing market with increasing demand for equipment for various applications in various regions across the globe. This market is expected to witness high growth owing to the increasing capital expenditure for the R&D of environment, food & beverage growth in use of mercury analysis.
Region Overview:
From 2022-2027, Europe is estimated to witness robust growth prospects
Company Overview:
Milestone, Teledyne Leeman Labs, Nippon Instruments Corporation, Lumex Instruments and Mercury Instruments GmbH are the five key players in the global Mercury Analyzer market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Mercury Analyzer market in the past 5 years.
Segmentation Overview:
Among different product types, Cold Vapor Atomic Absorption Mercury Analyzer segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Environmental Protection Industry segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Mercury Analyzer market covered in Chapter 3:
Tekran Instruments Corporation
Buck Scientific
PerkinElmer Inc.
Teledyne Leeman Labs
Mercury Instruments GmbH
Nippon Instruments Corporation
Lumex Instruments
Analytik Jena AG
Hitachi High-Technologies Corporation (HIRANUMA)
Milestone
Thermo Fisher Scientific Inc.
In Chapter 4 and Chapter 14.2, on the basis of types, the Mercury Analyzer market from 2018 to 2029 is primarily split into:
Cold Vapor Atomic Absorption Mercury Analyzer
Atomic Fluorescence Mercury Analyzer
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Mercury Analyzer market from 2018 to 2029 covers:
Environmental Protection Industry
Food Industry
Petrochemical Industry & Mining
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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