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USD 2.08 Bn growth in Process Analyzer Market | Driven by capacity additions in major end-user industries | Technavio

The global process analyzer market size is expected to increase by USD 2.08 billion between 2021 and 2026. Technavio anticipates the market to observe the YOY growth of 4.14% in 2022 and expand at a CAGR of 4.53% during the forecast period. The report provides a detailed analysis of the exact market size, vendor landscape, and current and future market scenarios.

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The market is driven by capacity additions in major end-user industries. The growing demand for industrial and consumer products has resulted in capacity additions across various industries. For example, the growing demand for generic or over-the-counter (OTC) drugs across the globe are driving investments in the pharmaceutical sector of China and India. Similarly, the high adoption rate of food and beverages products is driving F&B manufacturers to increase investments in the expansion of manufacturing facilities. Such factors are increasing the demand for process analyzers, which is driving the growth of the market in focus.

In addition, rising concerns toward controlling and monitoring emission levels and the growing focus on recycling of natural resources and renewable energy will further drive the growth of the market during the forecast period.

Process Analyzer Market: End-user Landscape

By end-user, the market is segmented by oil and gas, chemical and petrochemical, healthcare, water and wastewater treatment, and others.The oil and gas segment exhibited high demand for process analyzers in 2021.The increasing use of process analyzers in various applications such as tracing gas purity, performing contamination analysis, compositional analysis, and hydrocarbon analysis is driving the growth of the segment.The increase in demand for natural gas and its production activities will also contribute to the growth of the oil and gas segment during the forecast period.

Process Analyzer Market: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period.About 49% of the market’s overall growth is expected to originate from APAC.Growing investments in the transportation sector and warehousing capacity are driving the growth of the regional market.The increasing demand and availability of processed food and personal care products are also contributing to the growth of the process analyzers market in APAC.China and Japan are the key markets for process analyzers in APAC.Market growth in APAC will be slower than the growth of the market in MEA during the forecast period.

Companies Covered:

ABB Ltd.Agilent Technologies Inc.AMETEK Inc.Aneolia SARLBruker Corp.Danaher Corp.Emerson Electric Co.Endress Hauser Group Services AGHoneywell International Inc.KROHNE Messtechnik GmbHMetrohm AGMettler Toledo International Inc.Modcon Systems Ltd.PerkinElmer Inc.Schneider Electric SESiemens AGSpectris PlcTeledyne Instruments Inc.Testo SE and Co. KGaAThermo Fisher Scientific Inc.Yokogawa Electric Corp.

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What our reports offer:

Market share assessments for the regional and country-level segmentsStrategic recommendations for the new entrantsCovers market data for 2020, 2021, until 2025Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)Strategic recommendations in key business segments based on the market estimationsCompetitive landscaping mapping the key common trendsCompany profiling with detailed strategies, financials, and recent developmentsSupply chain trends mapping the latest technological advancements

ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Aneolia SARL, Bruker Corp., Danaher Corp., Emerson Electric Co., Endress Hauser Group Services AG, Honeywell International Inc., KROHNE Messtechnik GmbH, Metrohm AG, Mettler Toledo International Inc., Modcon Systems Ltd., PerkinElmer Inc., Schneider Electric SE, Siemens AG, Spectris Plc, Teledyne Instruments Inc., Testo SE and Co. KGaA, Thermo Fisher Scientific Inc., and Yokogawa Electric Corp.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents:
1 Executive Summary
1.1 Market overviewExhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by End-userExhibit 06: Executive Summary – Chart on Incremental GrowthExhibit 07: Executive Summary – Data Table on Incremental GrowthExhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystemExhibit 09: Parent marketExhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definitionExhibit 11: Offerings of vendors included in the market definition3.2 Market segment analysisExhibit 12: Market segments3.3 Market size 20213.4 Market outlook: Forecast for 2021-2026Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summaryExhibit 17: Five forces analysis – Comparison between 2021 and 20264.2 Bargaining power of buyersExhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 20264.3 Bargaining power of suppliersExhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 20264.4 Threat of new entrantsExhibit 20: Threat of new entrants – Impact of key factors in 2021 and 20264.5 Threat of substitutesExhibit 21: Threat of substitutes – Impact of key factors in 2021 and 20264.6 Threat of rivalryExhibit 22: Threat of rivalry – Impact of key factors in 2021 and 20264.7 Market conditionExhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by End-user
5.1 Market segmentsExhibit 24: Chart on End-user – Market share 2021-2026 (%)Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)5.2 Comparison by End-userExhibit 26: Chart on Comparison by End-userExhibit 27: Data Table on Comparison by End-user5.3 Oil and gas – Market size and forecast 2021-2026Exhibit 28: Chart on Oil and gas – Market size and forecast 2021-2026 ($ million)Exhibit 29: Data Table on Oil and gas – Market size and forecast 2021-2026 ($ million)Exhibit 30: Chart on Oil and gas – Year-over-year growth 2021-2026 (%)Exhibit 31: Data Table on Oil and gas – Year-over-year growth 2021-2026 (%)5.4 Chemical and petrochemical – Market size and forecast 2021-2026Exhibit 32: Chart on Chemical and petrochemical – Market size and forecast 2021-2026 ($ million)Exhibit 33: Data Table on Chemical and petrochemical – Market size and forecast 2021-2026 ($ million)Exhibit 34: Chart on Chemical and petrochemical – Year-over-year growth 2021-2026 (%)Exhibit 35: Data Table on Chemical and petrochemical – Year-over-year growth 2021-2026 (%)5.5 Healthcare – Market size and forecast 2021-2026Exhibit 36: Chart on Healthcare – Market size and forecast 2021-2026 ($ million)Exhibit 37: Data Table on Healthcare – Market size and forecast 2021-2026 ($ million)Exhibit 38: Chart on Healthcare – Year-over-year growth 2021-2026 (%)Exhibit 39: Data Table on Healthcare – Year-over-year growth 2021-2026 (%)5.6 Water and wastewater treatment – Market size and forecast 2021-2026Exhibit 40: Chart on Water and wastewater treatment – Market size and forecast 2021-2026 ($ million)Exhibit 41: Data Table on Water and wastewater treatment – Market size and forecast 2021-2026 ($ million)Exhibit 42: Chart on Water and wastewater treatment – Year-over-year growth 2021-2026 (%)Exhibit 43: Data Table on Water and wastewater treatment – Year-over-year growth 2021-2026 (%)5.7 Others – Market size and forecast 2021-2026Exhibit 44: Chart on Others – Market size and forecast 2021-2026 ($ million)Exhibit 45: Data Table on Others – Market size and forecast 2021-2026 ($ million)Exhibit 46: Chart on Others – Year-over-year growth 2021-2026 (%)Exhibit 47: Data Table on Others – Year-over-year growth 2021-2026 (%)5.8 Market opportunity by End-userExhibit 48: Market opportunity by End-user ($ million)
6 Customer Landscape
6.1 Customer landscape overviewExhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
11 Appendix
11.1 Scope of the report11.2 Inclusions and exclusions checklistExhibit 144: Inclusions checklistExhibit 145: Exclusions checklist11.3 Currency conversion rates for US$Exhibit 146: Currency conversion rates for US$11.4 Research methodologyExhibit 147: Research methodologyExhibit 148: Validation techniques employed for market sizingExhibit 149: Information sources11.5 List of abbreviationsExhibit 150: List of abbreviations
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