Press release
Process Analyzer Market Top Industry Players: Applied Instrument Technologies, ABB, AMETEK, Endress+Hauser AG , GE Analytical Instruments , Hach Lange GmbH
Market Overview:According to Market Prognosis, the Global Process Analyzer market is accounted for $6.68 billion in 2017 and is expected to reach $16.55 billion by 2026 growing at a CAGR of 10.6 % during the forecast period. Increasing usage in waste water treatment, rapid industrialization in emerging nations, growth in U.S shale gas production, huge competition among organizations for producing better quality products are some of the major driving factors of the market growth. However, decrease in oil prices and high expenditures for the infrastructure are the factors restricting the growth.
Process analyzer is an instrumental device used for monitoring the chemical and physical properties of substance such as gas and liquid content during the manufacturing process. It helps in enhancing the production and improving the overall efficiency by providing accurate analysis value and intelligence.
North America is dominant and expected to hold largest market share due to rising demand for processed food and beverages industry. Asia Pacific is witnessed to be the fastest market during the forecast period due to the increasing investments from the governments of China and India for establishing drinking water facilities.
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Top Industry Players:
Some of the key players are Applied Instrument Technologies, Inc. , ABB Ltd., AMETEK, Inc, Endress+Hauser AG , GE Analytical Instruments , Hach Lange GmbH ,Honeywell International, Inc., Mettler-Toledo International Inc. ,Modcon Systems Ltd,SICK AG,Teledyne Technologies, Inc., The Emerson Electric Company, Thermo Fisher Scientific, Inc., Yokogawa Electric Corp., INFICON, Inc,Applied Analytics, Inc
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Market Segments:
On the basis of end user industry, oil and gas segment is projected to be the largest market share due to the increase in demand of oil industries and intense competition between international and local vendors. In terms of form factor, standard process analyzers is the bench topper among other forms with the highest market share due to growing demand for organic materials to curb production expenses ,low maintenance cost and easy operation facilities.
Services Covered:
• Post-Sale Services
• Pre-Sale Services
Form Factors Covered:
• Rackmount
• Portable
• Standard
Range of Instruments Covered:
• On-line process analyzers
• In-line process analyzers
• At-line process analyzers
Applications Covered:
• Liquid
• Gas
End Users Covered:
• Food & Beverages
• Metal & Mining
• Oil & Gas
• Petrochemical
• Pharmaceutical
• Power Generation
• Pulp & Paper
• Semiconductor Processing
• Water & Wastewater
• Other End Users
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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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