Process Analyzer Market

Date: 2016-05

A process analyser is a device which is used for determining the chemical composition or physical properties of substances in a process. The process analyser is responsible for process optimization, asset protection, and compliance.

Looking at process analysers by type, the market for pH/ORP analyzers is expected to have the highest growth rate during the forecast period.A key reason for the high growth of this particular type of process analyser is its ability to be used across key applications such as water & waste water treatment, pharmaceutical and food & beverages. The food & beverage industry is one particular industry which will contribute significantly to the process analyser market size as numerous countries are slowly implementing strict regulations related to the testing and analysis of food & beverage products as a continuous process throughout the year.

The process analyzers market for the water & wastewater industry accounted for the highest hare of the process analyser market globally. This was followed by the food & beverages, petrochemical, and pharmaceuticals industries. Key factors that are contributing to the high growth in for these type of process analyzers is that there have been a number of stringent regulations which have been implemented across the globe in terms of the sort of testing which needs to be done and more importantly having all the key constituents of the substance listed down which can be done through a process analyser.

The market for process analysers is expected to reach close to $2.1 by 2021 fuelled by the growth in demand from the application segments listed above. Another unique driver that is expected to help the market grow especially in the US is the shale gas market. As of 2015, the Americas contributed the highest to the overall process analyser market, while the APAC region will experience the fastest growth during the forecast period. The APAC market offers numerous opportunities since various governments in the region are looking at clean water as a key requirement for its citizens for which process analysers will be required for testing purposes. Water treatment facilities are being developed in the emerging markets in the APAC region which is again fuelling the growth. Testing in the food & beverage industry is absolutely essential and now numerous countries are implementing strict norms to ensure that all food and beverage production meet the conditions of these stringent requirements.

In terms of Process analyzer by service the market has been divided into the following Start-Up & Commissioning Services, Technical Support Services, Parts & Spares Services and Preventive Maintenance Services. The Process analyzer market has also been segmented by the following types Aluminum Analyzers , Ammonia Analyzers, Chlorine Analyzers , Conductivity Analyzers , Dissolved Oxygen Analyzers , Fluoride Analyzers , Liquid Density Analyzers , MLSS Analyzers , Near-Infrared Analyzers , PH/ORP Analyzers , TOC Analyzers , Turbidity Analyzers and Others. The Process analyzer market has also been segmented by the following industries Food & Beverages, Metal & Mining, Oil & Gas , Petrochemical , Pharmaceutical , Power Generation , Pulp & Paper , Semiconductor Processing , Water & Wastewater and Others. The Process analyzer market has also been segmented by the following geographies Americas, APAC, Europe, ROW.

Following are just a few of the companies that are operating in the Process analyzer market:
ABB Ltd.
Endress+Hauser AG
GE Analytical Instruments
Hach Lange GmbH
Honeywell International, Inc.

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample