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Mercury Analyzer Market by Type, End Use And Geography - Global Forecast to 2023

Mercury Analyzer Market: Global Forecast until 2023

  • May 2018
  • 116 pages
  • ID: 5390756
In this report:
The mercury analyzer market for environmental monitoring of water sample held the largest share of ~##% in 2017 and is expected to grow with a CAGR of ##.##% during the forecast period.
The market for mercury analyzers used for environmental monitoring is expected to grow from USD ##.## million in 2017 to USD ##.## million by 2023, at the highest CAGR of ##.##% during the forecast period.

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Government regulations pertaining to environment monitoring propelling rise of mercury analyzer market

The mercury analyzer market is anticipated to rise at a compound annual growth rate (CAGR) of 7.00 percent between 2018 and 2023 to attain $315.10M by 2023 from $224.60M in 2018. The growth in the number of regulations pertaining to environment protection, active participation of government and regulatory bodies to monitor environmental conditions, and rised government funding for pollution monitoring and control are the main factors propelling the increase of the said market. Nevertheless, factors such the high cost of mass spectrometry systems for mercury study and high export barriers for environmental technologies in emerging sectors are selecting the rise of the mercury analyzer market.

Cold vapor atomic fluorescence segment forecasted to grow at topmost cagr during projection period

CVAF technique overcomes the limitations of traditional cold vapor atomic absorption technique of interferences from chemicals including chlorides, sulfides, and hydrocarbons, which hindered the precision of the output.Therefore, CVAF mercury analyzer is rugged, reliable, and ideal for a multitude of mercury testing situations, over its complementing techniques.

Owing to these advantages, the mercury analyzer market for cold vapor atomic fluorescence is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.

Market for environment monitoring end use segment anticipated to lead during forecast horizon

Mercury analyzers are used in environmental monitoring applications for sampling air, water, and soil.There is a high requirement for environmental monitoring and testing of different contaminants, with a primary focus on reducing emissions and preventing humans and environment from toxic chemicals exposure.

Stringent government regulations to monitor and control mercury emission worldwide are driving the industry demand for mercury analyzers, thus anticipated to lead the industry during the estimate period.

Market in Asia-Pac anticipated to witness significant increase during projection period

The sector in Asia-Pacific is anticipated to show the more important rise during the outlook period as food market; healthcare sector; and oil, gas, and petrochemical sectors in this zone are emerging, together with increasing concerns with regard to environmental safety. The rise in this area is largely driven by China (CN), Japan (JP), and India (IN).

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 officials in the mercury analyzer market. Following is the breakup of the profiles of primary members taking part for the market research:

• By Company category: Tier 1 = 35.0 percent, Tier 2 = 45.0 percent, and Tier 3 = 20.0 percent

• By Description: C-suite executives = 35.0 percent, Directors = 25.0 percent, and Others = 45.0 percent

• By Area: North America continent = 45.0 percent, Europe (EU) = 20.0 percent, Asia-Pac = 30.0 percent, and Rest of World = 5%.

Furthermore, the report profiles the top actors in the mercury analyzer market and analyzes their market ranking. The actors decribed in this industry report are Teledyne Leeman Labs, Tekran, Thermo Fisher, PerkinElmer, Milestone, Analytik Jena, Nippon Instruments, Hitachi High-Technologies, Mercury Instruments, and Lumex, among others.

Segment Research

This market research classifies the mercury analyzer market based on type, end use, and area. The industry report also offers a description of the main drivers, industry restraints, opportunities, and possibilities pertaining to this market, as well as the market ranking review.

Why Purchasing This Study Can Help You:

The study would benefit the leaders/new sector entrants in the mercury analyzer market in these ways:

1. The document breaks down the mercury analyzer market comprehensively and offers the closest industry size estimation for all sub-segments across different areas.

2. The analysis benefits partners distinguish the pulse of the sector and offers them with info on key market drivers, market restraints, opportunities, and alternatives for the mercury analyzer market.

3. The market research would benefit partners comprehend their players better and acquire business insights to enhance their rank in the mercury analyzer market. The competitive outlook section depicts the competitor ecosystem.

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