We are monitoring the impact of COVID-19 on Process Analyzer Market Get in touch with us for detailed analysis Know More
Pulished Date March, 2021
ID: 11272
Share on
Share on

Process Analyzer market segmentation by Liquid Analyzer (Ph/ORP analyser, conductivity analyzr, turbidity analyser, dissolved oxygen analyser, liquid density analyser, MLSS analyser, TOC analyser) By Liquid Analyzer (oxygen analyser, carbon dioxide analyser, moisture analyser, toxic gas analyser, hydrogen sulphide analyser) By Industry (oil and gas, petrochemicals, pharmaceuticals, water and wastewater, power, food and beverages, paper and pulp, metals and mining, cement and glass, others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2026.

Pulished: March, 2021
ID: 11272
Pages: 175

Process Analyzer Market Size, Trends & Growth (2021 - 2026)

Process analyzers are precision engineering tools used primarily for persistent monitoring of parameters, for example gas and liquid content at the time of the manufacturing procedure. They are widely used to examine and recognize the chemical, physical, molecular, and essential properties of a sample. These instruments are mainly used by many end users, such as the petrochemical and chemical, oil and gas, biotechnology and pharmaceutical industries.

The growing demand for water and wastewater treatment plants is the main driver contributing to the growth of the process analyzer market, while the shortage of qualified process technicians acts as a limiting factor for this market. The growth of the pharmaceutical industry will add new opportunities for this market in the coming years.

Recent Developments:

  • Yokogawa's progressive constant gas analyzer significantly lessens CAPEX and OPEX in modern cycle heating facilities.
  • Emerson's new Rosemount ™ CT4400 Continuous Gas Analyzer is the first tunable diode laser (TDL) and quantum cascade laser (QCL) analyzer specifically designed to help factories reduce cost of ownership and report emissions accurately, in environmental monitoring applications that measure standard components, such as nitric oxide (NO), nitrogen dioxide (NO2), sulfur dioxide (SO2), carbon monoxide (CO), carbon dioxide (CO2), and oxygen (O2) .
  • The CT5800 is the first Quantum Cascade (QCL) laser analyzer designed for industrial process applications requiring Class I, Division 2 hazardous area certification, built in an explosion proof enclosure.
  • The new laboratory NIR analysis system will be installed in one of the largest refineries.

IMPACT OF COVID-19 ON PROCESS ANALYZER MARKET:

COVID-19 has become a global pandemic that has spread to 215 countries around the world and has affected various industries around the world. The dynamics in which various industries operated will change radically. As the world continues to grapple with this crisis, many industries continue to experience steady decline. COVID-19 has spread around the world, starting with APAC, then moving to Europe, and currently accelerating in North America. COVID-19 has affected almost every continent; however, the United States, Russia, Brazil, India, the United Kingdom, Spain, Italy, and Germany have experienced a sharp increase in diagnosed cases. Globalization and the interconnected economies of most countries would be affected by COVID-19. Due to the imposition of blockades in different countries, companies face serious cash flow problems. Stopping or slowing down the manufacturing of process analyzers, as well as disruptions in global supply chain logistics due to the COVID-19 outbreak, have resulted in reduced demand for process analyzers.

Drivers and Restraints of Process Analyzer Market:

Drivers:

Technological advances in the process analyzer market have led to the development of high-performance analyzers that allow a high speed of response. They are incorporated with high-quality sensors to ensure high precision during operations. Rugged analyzers capable of withstanding harsh industrial environments and high temperatures are being manufactured. The growing need for efficient and fast analysis in all industries to improve productivity will drive the growth of the Process Analyzers market. In addition, developments in the electronics and communications sectors facilitate the transmission of data in real time, allowing better control of the process. Rising crude material and energy costs underscore the requirement for proficient control and computerization, supporting the market for process analyzers.

Restraints:

The high installation and maintenance costs of these systems limit their adoption in industries that have budget constraints hampering the growth of the Process Analyzers market. These systems include high-quality sensors and hardware components that add to the total cost of the system. Furthermore, complicated system installation and unavailability of qualified technicians in developing regions will also affect the growth of Process Analyzers market. However, various government initiatives that support industrialization and automation, along with reducing the costs of electronic equipment in countries like China, will help the industry grow. The increasing importance of replacing traditional manual inspection and analysis techniques with advanced solutions will encourage industries to find solutions to install these systems by addressing maintenance and installation challenges.

Process Analyzer Market Segmentation:

By Liquid Analyzer:

  • pH/ORP Analzyer
  • Conductivity Analyzer
  • Turbidity Analyzer
  • Dissolved Oxyen Analyzer
  • Liquid Density Analzyer
  • MLSS Analyzer
  • TOC Analyzer

However, the market for pH / ORP analyzers is expected to grow at the highest rate during the forecast period. This is due to the increasing adoption of pH / ORP analyzers in the oil and gas industries.

By Liquid Analyzer:

  • Oxygen Analyzer
  • Carbon Dioxide Analyzer
  • Moisture Analyzer
  • Toxic Gas Analyzer
  • Hydrogen Sulfide Analyzer

The oxygen analyzers fragment is required to have the biggest piece of the market and record the most noteworthy CAGR during the conjecture time frame. There has been a critical expansion in the reception of oxygen analyzers in different handling enterprises, particularly drug and petrochemical, to decide the measure of oxygen in boilers, incinerators and heaters. These analyzers give quick and precise readings in high temperatures and destructive environments.

By Industry:

  • Oil & Gas
  • Petrochemicals
  • Pharmaceuticals
  • Water & Wasterwater
  • Power
  • Food & Beverages
  • Paper & Pulp
  • Metals & Mining
  • Cement & Glass
  • Others (semiconductor processing and iron and steel industries)

The pharmaceutical industry is expected to account for the largest market share and highest CAGR during the forecast period. Process analyzers are an integral part of pharmaceutical manufacturing processes. The pharmaceutical industry must maintain product quality and follow drug rules and regulations, which requires extensive use of liquid analyzers, especially in times of pandemic. These factors are driving the growth of the market for process analyzers in the pharmaceutical industry.

Process Analyzer Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada

The North America region has the largest market share in the world, followed by Europe and the Asia-Pacific region. The United States and Canada dominate the North American market due to increasing technological improvements and the growing adoption of process analyzers in the oil and gas industries in the region. In addition, the growing fields of application of process analyzers in different industry verticals, such as pharmaceuticals, water and wastewater, power generation, and food and beverages, among others, are another important driver of the growth of the analyzer market

  1. Europe
    1. Norway
    2. Germany
    3. Sweden

On the other hand, European and Asia-Pacific countries represent emerging markets, due to the rise of pharmaceutical companies and biotechnology industries, and the growing demand from the accreditation and certification industry.

  1. Asia Pacific
    1. China
    2. India
    3. Japan
  2. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  3. Middle East and Africa

a. Middle East

b. Africa

Key Players of Market:

The key players operating in the process analyzer market are ABB Ltd., Modcon Systems Ltd., Emerson Electric Co., Yokogawa Electric Corporation, Siemens AG, Honeywell International, Inc., Endress+Hauser AG, Teledyne Technologies, Inc., Thermo Fisher Scientific, Inc., and Mettler-Toledo International, Inc.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Process Analyzer Market, By Liquid Analyzer                  

                    6.1.1 Ph/ORP analyser      

                    6.1.2 conductivity analyser

                    6.1.3 turbidity analyser     

                    6.1.4 dissolved oxygen analyser  

                    6.1.5 liquid density analyser       

                    6.1.6 MLSS analyser

                    6.1.7 TOC analyser 

                    6.1.8 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.9 Y-o-Y Growth Rate Analysis         

                    6.1.10 Market Attractiveness Index       

          6.2 Process Analyzer Market, By Industry                   

                    6.2.1 oil and gas    

                    6.2.2 petrochemicals         

                    6.2.3 pharmaceuticals       

                    6.2.4 water and wastewater        

                    6.2.5 power  

                    6.2.6 food and beverages  

                    6.2.7 paper and pulp        

                    6.2.8 metals and mining   

                    6.2.9 cement and glass     

                    6.2.10 Market Size Estimations & Forecasts (2021-2026)      

                    6.2.11 Y-o-Y Growth Rate Analysis       

                    6.2.12 Market Attractiveness Index       

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Liquid Analyzer    

                    7.2.3 By Industry    

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Liquid Analyzer    

                    7.3.3 By Industry    

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Liquid Analyzer    

                    7.4.3 By Industry    

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Liquid Analyzer    

                    7.5.3 By Industry    

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Liquid Analyzer    

                    7.6.3 By Industry    

8. Key Player Analysis                           

          8.1 ABB Ltd            

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Modcon Systems Ltd.            

          8.3 Emerson Electric Co              

          8.4 Yokogawa Electric Corporation                  

          8.5 Siemens AG                

          8.6 Honeywell International, Inc.           

          8.7 Endress+Hauser AG              

          8.8 Teledyne Technologies, Inc.            

          8.9 Thermo Fisher Scientific, Inc.          

          8.10 Mettler-Toledo International, Inc             

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Process Analyzer Market By Region, From 2021-2026 ( USD Billion )
  2. Global Process Analyzer Market By Liquid Analyzer, From 2021-2026 ( USD Billion )
  3. Global Ph/ORP analyser Market By Region, From 2021-2026 ( USD Billion )
  4. Global conductivity analyser Market By Region, From 2021-2026 ( USD Billion )
  5. Global turbidity analyser Market By Region, From 2021-2026 ( USD Billion )
  6. Global dissolved oxygen analyser Market By Region, From 2021-2026 ( USD Billion )
  7. Global liquid density analyser Market By Region, From 2021-2026 ( USD Billion )
  8. Global MLSS analyser Market By Region, From 2021-2026 ( USD Billion )
  9. Global TOC analyser Market By Region, From 2021-2026 ( USD Billion )
  10. Global Process Analyzer Market By Industry, From 2021-2026 ( USD Billion )
  11. Global oil and gas Market By Region, From 2021-2026 ( USD Billion )
  12. Global petrochemicals Market By Region, From 2021-2026 ( USD Billion )
  13. Global pharmaceuticals Market By Region, From 2021-2026 ( USD Billion )
  14. Global water and wastewater Market By Region, From 2021-2026 ( USD Billion )
  15. Global power Market By Region, From 2021-2026 ( USD Billion )
  16. Global food and beverages Market By Region, From 2021-2026 ( USD Billion )
  17. Global paper and pulp Market By Region, From 2021-2026 ( USD Billion )
  18. Global metals and mining Market By Region, From 2021-2026 ( USD Billion )
  19. Global cement and glass Market By Region, From 2021-2026 ( USD Billion )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample