The global process analyzer market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. Gas analyzers are used for the detection of specific components and percentages of a particular component of a gas, in the surrounding area. With the increase in mining activity around the world, these detectors are projected to become more popular. For instance, Vale introduced the world’s largest mining project for iron ore in Carajas, in the Brazilian Amazon region. Further, in 2018, the fourth symposium on the gas and coal market was held wherein the International Energy Agency (IEA), the Organization of the Petroleum Exporting Countries (OPEC), and the International Energy Forum (IEF) discussed how to implement the measures to meet the climate change mitigation would affect the demand for coal and natural gas. So, the use of different gas analyzer technologies, such as non-dispersive IR (NDIR), portable gas analyzer solutions is required to decarbonize energy systems.
Rising acquisitions, product aproval, collaborations among the major players in the market also propel the growth of the market. For instance, in March 2019, Emerson signed multiple contracts with Indian Oil Corporation Limited, to modernize operations and emissions programs at the company’s refineries. To support Indian oil to accomplish its goals, Emerson will install advanced technologies, including DeltaV safety instrumented systems and AMS asset management software, DeltaVTM distributed control systems, flow sensors to control and isolation valves, and pressure-temperature.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Liquid Analyzer
- By Gas Analyzer
- By Industry
Regions Covered
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Applied Analytics, Inc, Emerson Electric Co, Thermo Fisher Scientific, Inc., and ABB Ltd., and others
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Process Analyzer Market Report by Segment
Liquid Analyzer
- PH/ORP Analyzer
- Conductivity Analyzers
- Dissolved Oxygen Analyzers
- Turbidity Analyzers
- 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
- Others (Paper & Pulp, Metals & Mining, Cement & Glass, semiconductor processing)
Process Analyzer Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- ABB Ltd
- Advanced CAE Pte Ltd
- Inc
- Cemtrex, Inc
- Emerson Electric Co
- Endress+Hauser Management AG
- Enotec GmbH
- Hach Modcon Systems LTD
- Honeywell International Inc.
- Labcompare
- METTLER TOLEDO
- Sartorius AG
- Schneider Electric
- Servomex
- Siemens AG
- SUEZ
- Teledyne Technologies Inc
- Testo AG
- Thermo Fisher Scientific, Inc
- Yokogawa Electric Corp
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