Press release
Process Analyzer Market Share, Growth & Analysis, 2021–2030 | Covid-19 Impact With Leading Players
Process analyzers are used to monitor the flow of substances, such as liquids and gases, through enclosed pipes or channels. The samples of substances are collected to analyze their composition, pressure, rate of flow, and several other aspects to avoid leakage or contamination of external entity in the substance.The process analyzer market size was valued at $7.7 billion in 2020, and is expected to reach $12.2 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.
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The major driving factor of the process analyzer market is rising demand for wastewater treatment facilities to tackle the problem of water & wastewater generated by municipal as well as industrial waste. In addition, growth of pharmaceutical and chemical industries has led to rise in demand for process analyzers. Furthermore, adoption of automation in manufacturing industries has led to installation of process analyzers in production facilities.
Key Market Players
ABB Ltd.
AMETEK Process Instruments
Applied Analytics, Inc.
Endress+Hauser AG
Emerson Electric Co.
Mettler-Toledo International Inc.
Siemens AG
Suez
Thermo Fisher Scientific, Inc.
Yokogawa Electric Corporation.
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Key Market Segmentation
By Analysis Type
Online Analysis
Inline Analysis
Atline Analysis
By Analyzing Material State
Liquid
Gas
By End-user Industry
Oil & Gas
Pharmaceuticals
Water & Wastewater
Chemical
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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