Process Analyzer Market
Global Process Analyzer Market Size, Share & Trends Analysis Report by Liquid Analyzer (PH/ORP Analyzer, Conductivity Analyzers, Dissolved Oxygen Analyzers, Turbidity Analyzers, and Others), Gas Analyzer (Oxygen Analyzer, Carbon Dioxide Analyzer, Hydrogen Sulfide Analyzer, Moisture Analyzer, Toxic Gas Analyzer), By Industry (Oil & Gas, Petrochemicals, Pharmaceuticals, Water & Wastewater, Power, Food & Beverages, and Others) Forecast Period 2022-2028 Update Available - Forecast 2024-2030
The global market for process analyzer market is projected to have a considerable CAGR of around 8.1% during the forecast period. Process analyzers are electronic tools used for the examination of various industrial processes. They determine the chemical composition and physical properties of substances to enable process optimization and asset protection. They can also withstand harsh environments and extreme climatic conditions. Owing to these benefits, process analyzers are widely used in the chemical, oil and gas, petrochemical, and pharmaceutical sectors. Furthermore, as industrial wastewater contains high quantities of salts, particles, and toxic materials that are damaging to the environment, there is an increasing demand for wastewater treatment plants. The need for wastewater treatment and disposal is increasing as a result of the growing water shortage, which is also contributing to market growth. However, the need for highly skilled employees is required in the process analyzer sector for method operation, development, validation, and troubleshooting.
Impact of COVID-19 on Process Analyzer Market
COVID-19 had a positive impact on the pharmaceuticals market, however, the industries such as manufacturing, construction, oil & gas were majorly affected. Construction activities were halted and restricted to a large extent. On the other hand, manufacturing and transportation activities along with their supply chains were hampered on a global level. These all factors directly hampered the process analyzer market growth during the COVID-19 pandemic. On the contrary, gradually all these industries are resuming their regular manufacturing and services that are expected to again assist the market to recover by mid-2022.
Segmental Outlook
The global Process Analyzer Market is segmented based on the liquid analyzer, gas analyzer, and industry. Based on the liquid analyzer, the market is further classified as PH/ORP analyzer, conductivity analyzers, dissolved oxygen analyzers, turbidity analyzers, and others. Where gas analyzer is segregated into oxygen analyzer, carbon dioxide analyzer, hydrogen sulfide analyzer, moisture analyzer, toxic gas analyzer. Further, based on the industry the market is classified into oil & gas, petrochemicals, pharmaceuticals, water & wastewater, power, food & beverages, and others (Paper & Pulp, Metals & Mining, Cement & Glass, semiconductor processing).
Global Process Analyzer Market Share by Application, 2021 (%)
The oxygen analyzer segment is considered as dominating segment in the global process analyzer market.
Among gas analyzers, the oxygen analyzer segment is estimated as dominating segment during the forecast period. An oxygen analyzer for stack gas measures the content of oxygen in the exhaust gas after combustion. It provides data to help control the fuel-air ratio in the combustion process. The demand for oxygen gas analyzers is expected to increase owing to the increase in demand from the food & beverages sector is expected to be a key factor driving the global oxygen gas analyzer market during the forecast period. Oxygen gas analyzers are used to determine the amount of oxygen that has been ingressed into various food products. With the use of oxygen gas analyzers, reliable findings may be achieved in a simple and time-saving method. These findings may aid in product filling quality and long-term storage stability. This factor is expected to fuel the global oxygen gas analyzer market during the forecast period. Moreover, the metals and chemicals industry is also expected to have a high demand for oxygen gas analyzers, since oxygen gas analyzers are commonly used for environmental monitoring and efficient control of industrial operations.
Regional Outlook
Geographically, the global process analyzer market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). The Asia Pacific is projected to have a significant CAGR in the process analyzer market. In Asia-Pacific, the deployment of process analyzers and solutions is expected to increase rapidly during the forecast period in China, India, and Japan. Due to large-scale improvements and technological innovations in the manufacturing industry, the market in Asia-Pacific is growing rapidly, demanding the employment of process analyzer solutions. Due to the low labor costs and easy availability of a competent workforce, most of the major global firms from various industries have shifted their manufacturing operations to Asia-Pacific.
Global Process Analyzer Market Growth, by region 2022-2028
North America To Hold A Considerable Share In The Global Process Analyzer Market
Geographically, North America will dominate the process analyzer market due to rising technical improvements and acceptance of process analyzers in various end-user sectors such as oil & gas, pharmaceuticals, power generation, and others. Apart from these, another important reason driving the growth of the process analyzer market in the region is the expanding application areas of process analyzers across several industrial verticals such as power generation, pharmaceuticals, food and beverages, water, and wastewater, among others. According to Select USA Government Organization, the United States is the world's largest market for biopharmaceuticals, accounting for almost a one-third share of the global market, and is the world leader in biopharmaceutical R&D.
Market Players Outlook
The key players in the process analyzer market contribute significantly by providing different types of products and increasing their geographical presence across the globe. The key players of the market include - ABB Ltd, Applied Analytics, Inc, Emerson Electric Co, Thermo Fisher Scientific, Inc, among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. In July 2019, Emerson has launched two new Rosemount 628 Universal Gas Sensors to measure carbon monoxide and oxygen depletion to the existing capability of hydrogen sulfide. The Rosemount 928 Wireless Gas Monitor platform can now monitor a wider range of hazardous circumstances due to these new additions to the series.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global process analyzer market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where in the market.
1. Report Summary
1.1. Research Methods and Tools
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Process Analyzer Industry
• Recovery Scenario of Global Process Analyzer Industry
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.4. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Process Analyzer Market by Liquid Analyzer
5.1.1. PH/ORP Analyzer
5.1.2. Conductivity Analyzers
5.1.3. Dissolved Oxygen Analyzers
5.1.4. Turbidity Analyzers
5.1.5. Others
5.2. Global Process Analyzer Market by Gas Analyzer
5.2.1. Oxygen Analyzer
5.2.2. Carbon Dioxide Analyzer
5.2.3. Hydrogen Sulfide Analyzer
5.2.4. Moisture Analyzer
5.2.5. Toxic Gas Analyzer
5.3. Global Process Analyzer Market by Industry
5.3.1. Oil & Gas
5.3.2. Petrochemicals
5.3.3. Pharmaceuticals
5.3.4. Water & Wastewater
5.3.5. Power
5.3.6. Food & Beverages
5.3.7. Others (Paper & Pulp, Metals & Mining, Cement & Glass, semiconductor processing)
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. ASEAN
6.3.5. South Korea
6.3.6. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ABB Ltd
7.2. Advanced CAE Pte Ltd
7.3. AMETEK.Inc
7.4. Cemtrex, Inc
7.5. Emerson Electric Co
7.6. Endress+Hauser Management AG
7.7. Enotec GmbH
7.8. Hach Modcon Systems LTD
7.9. Honeywell International Inc.
7.10. Labcompare
7.11. METTLER TOLEDO
7.12. Sartorius AG
7.13. Schneider Electric
7.14. Servomex
7.15. Siemens AG
7.16. SUEZ
7.17. Teledyne Technologies Inc
7.18. Testo AG
7.19. Thermo Fisher Scientific, Inc
7.20. Yokogawa Electric Corp
1. GLOBAL PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY LIQUID ANALYZER, 2021-2028 ($ MILLION)
2. GLOBAL PH/ORP ANALZYER LIQUID ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL CONDUCTIVITY ANALYZERS LIQUID ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DISSOLVED OXYGEN ANALYZERS LIQUID ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL TURBIDITY ANALYZERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL OTHER LIQUID ANALYZERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY GAS ANALYZER, 2021-2028 ($ MILLION)
8. GLOBAL OXYGEN ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL CARBON DIOXIDE ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL HYDROGEN SULFIDE ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL MOISTURE ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL TOXIC GAS ANALYZER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL FLEET MANAGEMENTMARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
14. GLOBAL PROCESS ANALYZER IN OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL PROCESS ANALYZER IN PETROCHEMICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL PROCESS ANALYZER IN PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL PROCESS ANALYZER IN WATER & WASTEWATER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL PROCESS ANALYZER IN POWER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. GLOBAL PROCESS ANALYZER IN FOOD & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
20. GLOBAL PROCESS ANALYZER IN OTHER INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
21. GLOBAL PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
22. NORTH AMERICAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. NORTH AMERICAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY LIQUID ANALYZER, 2021-2028 ($ MILLION)
24. NORTH AMERICAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY GAS ANALYZER, 2021-2028 ($ MILLION)
25. NORTH AMERICAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
26. EUROPEAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. EUROPEAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY LIQUID ANALYZER, 2021-2028 ($ MILLION)
28. EUROPEAN PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY GAS ANALYZER, 2021-2028 ($ MILLION)
29. EUROPEAN FLEET MANAGEMENTMARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY LIQUID ANALYZER, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY GAS ANALYZER, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
34. REST OF THE WORLD PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY LIQUID ANALYZER, 2021-2028 ($ MILLION)
35. REST OF THE WORLD PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY GAS ANALYZER, 2021-2028 ($ MILLION)
36. REST OF THE WORLD PROCESS ANALYZER MARKET RESEARCH AND ANALYSIS BY INDUSTRY, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL PROCESS ANALYZER, 2021-2028 (% MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PROCESS ANALYZER BY SEGMENT, 2021-2028 (% MILLION)
3. RECOVERY OF GLOBAL PROCESS ANALYZER MARKET, 2021-2028 (%)
4. GLOBAL PROCESS ANALYZER MARKET SHARE BY LIQUID ANALYZER, 2021 VS 2028 (%)
5. GLOBAL PROCESS ANALYZER MARKET SHARE BY GAS ANALYZER, 2021 VS 2028 (%)
6. GLOBAL PROCESS ANALYZER MARKET SHARE BY INDUSTRY, 2021 VS 2028 (%)
7. GLOBAL PROCESS ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL PH/ORP ANALZYER LIQUID ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL CONDUCTIVITY ANALYZERS LIQUID ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL DISSOLVED OXYGEN ANALYZERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL TURBIDITY ANALYZERS LIQUID ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL OTHER LIQUID ANALYZERS LIQUID ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL OXYGEN ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL CARBON DIOXIDE ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL HYDROGEN SULFIDE ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL MOISTURE ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL TOXIC GAS ANALYZER MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL PROCESS ANALYZER IN OIL & GAS MARKET SIZE, 2021-2028 ($ MILLION)
19. GLOBAL PROCESS ANALYZER IN PETROCHEMICALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
20. GLOBAL PROCESS ANALYZER IN PHARMACEUTICALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
21. GLOBAL PROCESS ANALYZER IN WATER & WASTERWATER MARKET SHARE BY REGION, 2021 VS 2028 (%)
22. GLOBAL PROCESS ANALYZER IN POWER MARKET SHARE BY REGION, 2021 VS 2028 (%)
23. GLOBAL PROCESS ANALYZER IN FOOD & BEVERAGES MARKET SHARE BY REGION, 2021 VS 2028 (%)
24. GLOBAL PROCESS ANALYZER IN OTHERS INDUSTRY MARKET SHARE BY REGION, 2021 VS 2028 (%)
25. US PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
26. CANADA PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
27. UK PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
28. FRANCE PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
29. GERMANY PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
30. ITALY PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
31. SPAIN PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
32. ROE PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
33. INDIA PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
34. CHINA PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
35. JAPAN PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
36. ASEAN PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
37. SOUTH KOREA PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
38. REST OF ASIA-PACIFIC PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
39. REST OF THE WORLD PROCESS ANALYZER MARKET SIZE, 2021-2028 ($ MILLION)
