Process Analyzer Market Hit at a CAGR of 4.8% to Reach $12,192.0 Million by 2030
The major driving factor of the process analyzer market is rising demand for wastewater treatment.
PORTLAND, OR, UNITED STATES, September 23, 2021 /EINPresswire.com/ -- Process analyzers are used to monitor the flow of substances, such as liquids and gases, through enclosed pipes or channels. The samples of substances are collected to analyze their composition, pressure, rate of flow, and several other aspects to avoid leakage or contamination of external entity in the substance.
The process analyzer market size was valued at $7.7 billion in 2020, and is expected to reach $12.2 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.
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The major driving factor of the process analyzer market is rising demand for wastewater treatment facilities to tackle the problem of water & wastewater generated by municipal as well as industrial waste. In addition, growth of pharmaceutical and chemical industries has led to rise in demand for process analyzers. Furthermore, adoption of automation in manufacturing industries has led to installation of process analyzers in production facilities.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging process analyzer market trends and dynamics.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
In-depth process analyzer market analysis is conducted by estimations for the key segments between 2021 and 2030.
A comprehensive analysis of four major regions is provided to determine the prevailing process analyzer market opportunities.
The market forecast analysis from 2021 to 2030 is included in the report.
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Top Leading Players
The major players profiled in the process analyzer market include ABB Ltd., AMETEK Process Instruments, Applied Analytics, Inc., Endress+Hauser AG, Emerson Electric Co., Mettler-Toledo International Inc., Siemens AG, Suez, Thermo Fisher Scientific, Inc., and Yokogawa Electric Corporation.
Key Market Segments
By Analysis Type
Online Analysis
Inline Analysis
Atline Analysis
By Analyzing Material State
Liquid
Gas
By End-user Industry
Oil & Gas
Pharmaceuticals
Water & Wastewater
Chemical
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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