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Process Analyzers , Gas Chromatography, and Spectroscopy Market by Industry, And Geography - Global Forecast to 2020

Process Analyzers: Global Forecast until 2020

  • February 2016
  • 210 pages
  • ID: 3627701
In this report:
The global liquid analyzers market, by type, accounted for shipments of ##,##.## thousand units in 2014, which is is expected to reach ##,##.## thousand units by 2020, growing at a CAGR of ##.##% between 2015 and 2020.
The global gas analyzers market, by type, accounted for a shipment of ##.## thousand units in 2014, which is expected to reach ##,##.## thousand units by 2020, at a CAGR of ##.##% between 2015 and 2020.

Summary

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The overall process analyzers market is forecasted to reach ~$5.0B by 2020, at an estimated compound annual growth rate of ~5.5 percent from 2015 to 2020. The key factors providing to the increase of this market contain the growing usage of a wide range of analyzers in several process sectors to monitor different hazardous liquids and gases. The gas chromatography market is projected to grow to ~$3.9B, because the spectroscopy market is estimated to grow ~$22.0B by 2020, at a compound annual growth rate (CAGR) of ~8.6 percent and ~8.7 percent, respectively, during the estimate period. The rise in the gas chromatography market can be accredited to the rising adoption of this technology in the petrochemical markets for oil extraction and refinery-related activities. On the other hand, the increase of the spectroscopy market is mainly driven by the adoption of several spectroscopy techniques including molecular, atomic, and mass spectrometry in the process sectors.

"The process analyzers, gas chromatography, and spectroscopy industries for the pharmaceutical market anticipated to grow quickly during the forecast period"

The process analyzers, gas chromatography, and spectroscopy sectors for the pharmaceutical sector held the most important share of the overall process analyzers, gas chromatography, and spectroscopy industries in 2014 and this forecast is anticipated to continue during the outlook period. This increase is mainly driven by the stringent drug regulations framed by the international regulatory bodies including U.S. Food and Drug Administration, World Health Organization, and European Medicines Agency for the manufacturing, processing, and distribution of pharmaceutical products.

"Asia-Pac to be the quickest increasing sector during the estimate period"

The overall process analyzers, gas chromatography, and spectroscopy sectors in the whole Americas held the biggest share in 2014; nevertheless, the sectors in Asia-Pacific are anticipated to exhibit the maximum growth rate during the outlook period. The main factors providing to the increase of these sectors contain high investments by top actors in different process markets. The industries in the whole Americas and Europe (EU) are already mature; therefrom, the well-established actors are focusing on Asia-Pac to market their products and services. With the growing investments in the process sectors, the industry demand for liquid and gas analyzers, gas chromatographs, and spectrographs is also rising.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with main people in the sector. The distribution of profiles of primary members taking part is presented below:

- By Company category: Tier 1%-55 %, Tier 2%-20% and Tier 3%-25%

- By Description: C-suite - 60.0 percent, D-level - 25.0 percent, Others - 15.0 percent

- By area: North america (NA) - 10.0 percent, Europe - 20.0 percent, APAC - 40.0 percent, RoW - 30.0 percent

The analysis will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the process analyzers, gas chromatography, and spectroscopy sectors comprehensively and offers the closest approximations of the revenues for the global market and the sub-segments across several verticals and localities.

2. The market research benefits partners to comprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

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