The Process Analytical Instrumentation Market size is estimated at USD 5.67 billion in 2024, and is expected to reach USD 8.19 billion by 2029, growing at a CAGR of 7.61% during the forecast period (2024-2029).
The process analytical instrumentation market is fragmented, with several major companies operating in it. These companies continuously invest in strategic partnerships and product developments to increase their market share. Major players in the market include ABB Ltd, Siemens AG, Bruker Corporation, Emerson Electric Co., and Endress & Hauser. Some of the recent developments in the market are:
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