프로세스 분석기 (Process Analyzer) 시장조사 보고서

Report Overview

The global Process Analyzer market is expected to grow from USD 7.8 billion in 2023 to USD 9.3 billion by 2028, registering a CAGR of 3.6%. The process analyzer market is rapidly growing due to increased demand for real-time monitoring and precise technology in industries like oil, pharmaceuticals, and water treatment, ensuring improved efficiency and product quality.

“MLSS Analyzer segment to  grow at highest CAGR in Liquid analyzer market.”
The MLSS Analyzer segment is experiencing robust growth in the market. The market for MLSS analyzers is on the rise. This growth is primarily due to a greater need for effective wastewater treatment and a strong emphasis on environmental preservation. MLSS analyzers are critical in monitoring and managing suspended solids in wastewater and optimizing treatment processes. Moreover, advancements in analytical technologies and an increased focus on maintaining water quality are contributing factors propelling the adoption and expansion of MLSS analyzers in the market.

“Oxygen Analyzer segment accounted for the largest share of the Process Analyzer market in 2022.”
The utilization of oxygen analyzers has surged owing to their vital significance in multiple industries. Technological progress in sensors and automation has amplified their precision, productivity, and usage across medical, environmental, and industrial domains. Escalating requirements for oxygen supervision in healthcare, environmental adherence, and industrial security have stimulated market growth. Enhanced real-time data collection and remote monitoring features have significantly driven the uptake of oxygen analyzers, ensuring optimal oxygen levels in a wide array of applications.

“Pharmaceuticals Industry to account for the largest market size in 2022”
The pharmaceutical industry has witnessed a notable surge in the utilization of process analyzers. These instruments play a pivotal role in guaranteeing product quality, adhering to regulatory standards, and optimizing operations. The integration of real-time monitoring, automation, and cutting-edge analytical technologies has spurred their widespread embrace. In essence, process analyzers contribute significantly to enhancing productivity, reducing operational expenses, and expediting decision-making processes. Their precision and commitment to regulatory compliance make them indispensable, upholding elevated standards and fulfilling the rigorous requirements of pharmaceutical manufacturing.

“Asia Pacific to account for the largest market size in 2022”
The Process Analyzer market in the Asia Pacific region is experiencing substantial growth, driven by increasing industrial automation, rising labor costs, technological advancements, a strong manufacturing sector, and government support. This technology, which combines robotics and computer vision, is being widely adopted in countries like China, Japan, South Korea, and India across various industries. Process Analyzer enables robots to perform complex tasks based on visual perception and interpretation, enhancing productivity and efficiency. As the region continues to embrace automation and robotics, the demand for Process Analyzer systems is expected to rise further.

The break-up of the profiles of primary participants:
• By Company Type – Tier 1 – 35%, Tier 2 – 30%, and Tier 3 – 35%
• By Designation – C-level Executives – 45%, Directors – 30%, and Others – 20%
• By Region – North America – 35%, Asia Pacific – 30%, Europe – 25%, RoW- 10%

The major players in the market are Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan), ABB (Switzerland), Ametek, Inc. (US), and Thermo Fisher Scientific, Inc. (US)

Research Coverage:
The Process Analyzer market has been segmented into Liquid Analyzer, Gas Analyzer, Industry, and region. The Process Analyzer market was studied in North America, Europe, Asia Pacific, and the Rest of the World (RoW). The report describes the major drivers, restraints, challenges, and opportunities of the Process Analyzer market and forecasts the same till 2028. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the Process Analyzer ecosystem.

Key Benefits of Buying the Report:
The report will help market leaders/new entrants with information on the closest approximations of the revenue numbers for the Process Analyzer market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

• Analysis of Key Drivers (Rising demand for water and wastewater treatment, Increasing use of process analyzers in drug safety, Global expansion of chemical and petrochemical industries), restraints (Lack of skilled professionals, High infrastructure cost), Opportunities (Growing Demand from Emerging Market such as China & India, Growing demand for environmental monitoring), Challenges (Need for continuous support and maintenance of installed analyzer, Complexity of installation and operation).
• Product Development/Innovation: Detailed insights on research & development activities and new product launches in the Process Analyzer market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the Process Analyzer market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Process Analyzer market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like ABB (Switzerland), Emerson Electric Co. (US), Siemens (Germany), Endress+Hauser Group Services AG (Switzerland), Yokogawa Electric Corporation (Japan), Mettler Toledo (US), Suez (US), Thermo Fisher Scientific, Inc. (US), Ametek. Inc.(US), Anton Paar GmbH (Austria) among others in the Process Analyzer market. 

Table of Contents

1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 31
1.2.1 INCLUSIONS AND EXCLUSIONS 31
1.3 STUDY SCOPE 32
1.3.1 MARKETS COVERED 32
1.3.2 YEARS CONSIDERED 32
1.4 CURRENCY CONSIDERED 33
1.5 LIMITATIONS 33
1.6 STAKEHOLDERS 33
1.7 SUMMARY OF CHANGES 33
1.7.1 IMPACT OF RECESSION 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH APPROACH 35
FIGURE 1 PROCESS ANALYZER MARKET: RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.1.1 List of major secondary sources 36
2.1.1.2 Key data from secondary sources 36
2.1.2 PRIMARY DATA 37
2.1.2.1 Breakdown of primaries 37
2.1.2.2 Key data from primary sources 37
2.1.3 SECONDARY AND PRIMARY RESEARCH 38
FIGURE 2 PROCESS ANALYZER MARKET: SECONDARY AND PRIMARY RESEARCH 38
2.1.3.1 Key industry insights 39
2.2 MARKET SIZE ESTIMATION 39
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS 39
2.2.1 BOTTOM-UP APPROACH 40
2.2.1.1 Approach to derive market size using bottom-up analysis 40
FIGURE 4 PROCESS ANALYZER MARKET: BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 41
2.2.2.1 Approach to derive market size using top-down analysis 41
FIGURE 5 PROCESS ANALYZER MARKET: TOP-DOWN APPROACH 42
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 42
FIGURE 6 DATA TRIANGULATION 42
2.4 RESEARCH ASSUMPTIONS 43
FIGURE 7 ASSUMPTIONS OF RESEARCH STUDY 43
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON PROCESS ANALYZER MARKET 43
2.6 RISK ASSESSMENT 44
3 EXECUTIVE SUMMARY 45
FIGURE 8 TOC ANALYZER SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028 45
FIGURE 9 OXYGEN ANALYZERS TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 46
FIGURE 10 PHARMACEUTICAL INDUSTRY TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028 46
FIGURE 11 PROCESS ANALYZER MARKET IN EUROPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 47
4 PREMIUM INSIGHTS 48
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN PROCESS ANALYZER MARKET 48
FIGURE 12 BOOMING PHARMACEUTICAL INDUSTRY IN ASIA PACIFIC TO CREATE LUCRATIVE OPPORTUNITIES FOR PROCESS ANALYZER MARKET 48
4.2 PROCESS ANALYZER MARKET, BY LIQUID ANALYZER 48
FIGURE 13 MLSS ANALYZER SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 48
4.3 PROCESS ANALYZER MARKET, BY GAS ANALYZER 49
FIGURE 14 OXYGEN ANALYZER SEGMENT TO SECURE LARGEST MARKET SHARE IN 2028 49
4.4 PROCESS ANALYZER MARKET, BY INDUSTRY 49
FIGURE 15 PHARMACEUTICAL SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 49
4.5 PROCESS ANALYZER MARKET, BY REGION 50
FIGURE 16 ASIA PACIFIC TO DOMINATE GLOBAL MARKET DURING FORECAST PERIOD 50
4.6 PROCESS ANALYZER MARKET, BY COUNTRY 50
FIGURE 17 JAPAN ACCOUNTED FOR LARGEST SHARE OF GLOBAL MARKET IN 2022 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
FIGURE 18 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 51
5.2.1 DRIVERS 52
5.2.1.1 Rising need for efficient and effective water and wastewater treatment 52
5.2.1.2 Increasing adoption of process analyzers by pharma companies to ensure drug safety 53
5.2.1.3 Booming chemicals and petrochemical industries worldwide 53
FIGURE 19 PROCESS ANALYZER MARKET DRIVERS: IMPACT ANALYSIS 54
5.2.2 RESTRAINTS 54
5.2.2.1 Shortage of skilled professionals 54
5.2.2.2 High infrastructure setup cost 55
FIGURE 20 PROCESS ANALYZER MARKET RESTRAINTS: IMPACT ANALYSIS 55
5.2.3 OPPORTUNITIES 56
5.2.3.1 Increasing demand for process analyzers from emerging markets such as China & India 56
5.2.3.2 Growing focus on environmental monitoring 56
FIGURE 21 PROCESS ANALYZER MARKET OPPORTUNITIES: IMPACT ANALYSIS 56
5.2.4 CHALLENGES 57
5.2.4.1 Need for continuous support and maintenance of installed analyzers 57
5.2.4.2 Complexities associated with installation and operation 57
FIGURE 22 PROCESS ANALYZER MARKET CHALLENGES: IMPACT ANALYSIS 57
5.3 SUPPLY CHAIN ANALYSIS 58
FIGURE 23 SUPPLY CHAIN ANALYSIS MODEL 58
5.4 ECOSYSTEM ANALYSIS 59
FIGURE 24 GLOBAL PROCESS ANALYZER ECOSYSTEM 59
TABLE 1 ROLE OF CRITICAL PARTICIPANTS IN ECOSYSTEM 59
5.5 PRICING ANALYSIS 60
5.5.1 AVERAGE SELLING PRICE OF PROCESS ANALYZERS PROVIDED BY KEY PLAYERS, BY TYPE 60
FIGURE 25 AVERAGE SELLING PRICE OF DIFFERENT TYPES OF PROCESS ANALYZERS OFFERED BY KEY PLAYERS 61
TABLE 2 AVERAGE SELLING PRICE OF PROCESS ANALYZERS OFFERED BY KEY PLAYERS, BY TYPE (USD) 61
TABLE 3 AVERAGE SELLING PRICE OF PROCESS ANALYZER BY REGION (USD) 61
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 62
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 62
5.7 TECHNOLOGY ANALYSIS 62
5.7.1 ARTIFICIAL INTELLIGENCE 62
5.7.2 INTERNET OF THINGS (IOT) 63
5.7.3 CYBERSECURITY 63
5.7.4 MICRO-ELECTRO-MECHANICAL SYSTEMS (MEMS) 63
5.8 PORTER’S FIVE FORCE ANALYSIS 64
TABLE 4 PORTER’S FIVE FORCES ANALYSIS WITH THEIR IMPACT (2022) 64
5.8.1 THREAT OF NEW ENTRANTS 64
5.8.2 THREAT OF SUBSTITUTES 64
5.8.3 BARGAINING POWER OF SUPPLIERS 64
5.8.4 BARGAINING POWER OF BUYERS 65
5.8.5 INTENSITY OF COMPETITIVE RIVALRY 65
5.9 KEY STAKEHOLDERS AND BUYING CRITERIA 65
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS 65
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES 65
TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 INDUSTRIES (%) 66
5.9.2 BUYING CRITERIA 66
FIGURE 28 KEY BUYING CRITERIA OF TOP 3 INDUSTRIES 66
TABLE 6 KEY BUYING CRITERIA OF TOP 3 INDUSTRIES 66
 
5.10 CASE STUDY ANALYSIS 67
5.10.1 CASE STUDY 1: USE OF PROCESS ANALYZERS TO MEASURE H2S IN CRUDE OIL TO ENSURE SAFETY DURING TRANSPORTATION 67
5.10.2 CASE STUDY 2: DEPLOYMENT OF IN-SITU GAS ANALYZER FOR TROUBLE-FREE OXYGEN MEASUREMENT 67
5.11 TRADE ANALYSIS 68
FIGURE 29 IMPORT DATA FOR HS CODE 902710, BY KEY COUNTRY, 2018–2022 (USD MILLION) 68
FIGURE 30 EXPORT DATA FOR HS CODE 852580, BY KEY COUNTRY, 2018–2022 (USD MILLION) 69
5.12 PATENT ANALYSIS 69
FIGURE 31 TOP 10 COMPANIES WITH SIGNIFICANT SHARE OF PATENT APPLICATIONS IN LAST 10 YEARS 69
FIGURE 32 PATENT ANALYSIS RELATED TO PROCESS ANALYZER MARKET 70
TABLE 7 TOP 20 PATENT OWNERS IN LAST 10 YEARS 70
5.12.1 LIST OF MAJOR PATENTS 71
5.13 KEY CONFERENCES AND EVENTS, 2023–2024 74
TABLE 8 PROCESS ANALYZER MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 74
5.14 REGULATIONS AND STANDARDS 75
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 9 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 10 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 11 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 12 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
5.15 STANDARDS 78
5.15.1 ISO (INTERNATIONAL ORGANIZATION FOR STANDARDIZATION) 78
5.15.1.1 ISO 21501 78
5.15.1.2 ISO 14911 78
5.15.2 IEC (INTERNATIONAL ELECTROTECHNICAL COMMISSION) 78
5.15.2.1 IEC 60079 series 78
5.15.3 ISA (INTERNATIONAL SOCIETY OF AUTOMATION) 79
5.15.3.1 ISA-88 79
5.15.3.2 ISA-84 79
6 USE OF PROCESS ANALYZERS IN DIFFERENT TYPES ANALYSES 80
6.1 INTRODUCTION 80
FIGURE 33 PROCESS ANALYZER MARKET, BY ANALYSIS TYPE 80
6.2 ON-LINE ANALYSIS 80
6.3 IN-LINE ANALYSIS 81
6.4 AT-LINE ANALYSIS 81
7 PROCESS ANALYZER MARKET, BY LIQUID ANALYZER 82
7.1 INTRODUCTION 83
FIGURE 34 PROCESS ANALYZER MARKET, BY LIQUID ANALYZER 83
FIGURE 35 MLSS ANALYZERS TO DEPICT HIGHER CAGR DURING FORECAST PERIOD 84
TABLE 13 PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 84
TABLE 14 PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 85
TABLE 15 LIQUID ANALYZER: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 85
TABLE 16 LIQUID ANALYZER: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 85
7.2 PH/ORP ANALYZER 86
7.2.1 USE OF PH/ORP ANALYZERS IN REVERSE OSMOSIS AND COOLING PROCESSES TO FUEL SEGMENTAL GROWTH 86
TABLE 17 PH/ORP ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 86
TABLE 18 PH/ORP ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 87
7.3 CONDUCTIVITY ANALYZER 87
7.3.1 RELIANCE ON CONDUCTIVITY ANALYZERS TO IMPROVE INDUSTRIAL PROCESS EFFICIENCY TO PROPEL MARKET 87
TABLE 19 CONDUCTIVITY ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 88
TABLE 20 CONDUCTIVITY ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 88
7.4 TURBIDITY ANALYZER 89
7.4.1 NEED FOR ACCURATE TURBIDITY MEASUREMENT IN WASTEWATER TREATMENT FACILITIES TO ACCELERATE SEGMENTAL GROWTH 89
TABLE 21 TURBIDITY ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 89
TABLE 22 TURBIDITY ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 90
7.5 DISSOLVED OXYGEN ANALYZER 90
7.5.1 INSTALLATION OF DISSOLVED OXYGEN ANALYZERS IN WATER MONITORING APPLICATIONS TO CONTRIBUTE TO MARKET GROWTH 90
TABLE 23 DISSOLVED OXYGEN ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 91
TABLE 24 DISSOLVED OXYGEN ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 91
7.6 LIQUID DENSITY ANALYZER 92
7.6.1 DEPLOYMENT OF IOT TECHNOLOGY IN LIQUID DENSITY ANALYZERS TO PROPEL SEGMENTAL GROWTH 92
TABLE 25 LIQUID DENSITY ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 92
TABLE 26 LIQUID DENSITY ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 93
7.7 MLSS ANALYZER 93
7.7.1 UTILIZATION OF MLSS ANALYZERS TO OPTIMIZE WASTEWATER TREATMENT TO DRIVE MARKET 93
TABLE 27 MLSS ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 94
TABLE 28 MLSS ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 94
7.8 TOC ANALYZER 95
7.8.1 ADOPTION OF TOC ANALYZERS TO ENSURE COMPLIANCE WITH PHARMACEUTICAL MANUFACTURING STANDARDS TO BOOST SEGMENTAL GROWTH 95
TABLE 29 TOC ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 95
TABLE 30 TOC ANALYZER: LIQUID ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 96
8 PROCESS ANALYZER MARKET, BY GAS ANALYZER 97
8.1 INTRODUCTION 98
FIGURE 36 PROCESS ANALYZER MARKET, BY GAS ANALYZER 98
FIGURE 37 OXYGEN ANALYZERS TO LEAD MARKET THROUGHOUT FORECAST PERIOD 98
TABLE 31 PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 99
TABLE 32 PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 99
TABLE 33 GAS ANALYZER: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 99
TABLE 34 GAS ANALYZER: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 100
8.2 OXYGEN ANALYZER 100
8.2.1 ADVANCEMENTS IN SENSOR TECHNOLOGY TO FUEL MARKET GROWTH 100
TABLE 35 OXYGEN ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 101
TABLE 36 OXYGEN ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 101
8.3 CARBON DIOXIDE ANALYZER 102
8.3.1 NEED FOR ACCURATE MONITORING OF CO2 LEVELS TO DRIVE MARKET 102
TABLE 37 CARBON DIOXIDE ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 102
TABLE 38 CARBON DIOXIDE ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 103
8.4 MOISTURE ANALYZER 103
8.4.1 GROWING IMPORTANCE OF MOISTURE CONTROL IN INDUSTRIES TO FOSTER SEGMENTAL GROWTH 103
TABLE 39 MOISTURE ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 104
TABLE 40 MOISTURE ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 104
8.5 TOXIC GAS ANALYZER 105
8.5.1 ADVANCED SENSOR TECHNOLOGY AND INTEGRATION OF IOT TO CREATE LUCRATIVE GROWTH OPPORTUNITIES 105
TABLE 41 TOXIC GAS ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 105
TABLE 42 TOXIC GAS ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 106
8.6 HYDROGEN SULFIDE ANALYZER 106
8.6.1 INCREASING FOCUS ON REDUCING ENVIRONMENTAL IMPACT TO BOOST SEGMENTAL GROWTH 106
TABLE 43 HYDROGEN SULFIDE ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 107
TABLE 44 HYDROGEN SULFIDE ANALYZER: GAS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 107
9 PROCESS ANALYZER MARKET, BY INDUSTRY 108
9.1 INTRODUCTION 109
FIGURE 38 PROCESS ANALYZER MARKET, BY INDUSTRY 109
FIGURE 39 PHARMACEUTICAL INDUSTRY TO COMMAND PROCESS ANALYZER MARKET DURING FORECAST PERIOD 110
TABLE 45 PROCESS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 110
TABLE 46 PROCESS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 111
9.2 PHARMACEUTICAL 111
9.2.1 REDUCED RELIANCE ON MANUAL TESTING TO BOOST DEMAND FOR PROCESS ANALYZERS 111
TABLE 47 OIL & GAS: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 112
TABLE 48 OIL & GAS: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 112
TABLE 49 OIL & GAS: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 113
TABLE 50 OIL & GAS: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 113
TABLE 51 OIL & GAS: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 113
TABLE 52 OIL & GAS: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 114
9.3 PETROCHEMICAL 114
9.3.1 RISING LPG/LNG PRODUCTION TO BOOST DEMAND 114
TABLE 53 PETROCHEMICAL: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 114
TABLE 54 PETROCHEMICAL: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 115
TABLE 55 PETROCHEMICAL: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 115
TABLE 56 PETROCHEMICAL: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 115
TABLE 57 PETROCHEMICAL: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 116
TABLE 58 PETROCHEMICAL: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 116
9.4 PHARMACEUTICAL 116
9.4.1 STRONG FOCUS ON DRUG SAFETY TO FUEL MARKET GROWTH 116
TABLE 59 PHARMACEUTICAL: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 117
TABLE 60 PHARMACEUTICAL: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 117
TABLE 61 PHARMACEUTICAL: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 118
TABLE 62 PHARMACEUTICAL: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 118
TABLE 63 PHARMACEUTICAL: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 64 PHARMACEUTICAL: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 119
9.5 WATER & WASTEWATER 119
9.5.1 INTEGRATION OF SENSORS AND ANALYZERS INTO CENTRALIZED CONTROL SYSTEMS TO DRIVE MARKET 119
TABLE 65 WATER & WASTEWATER: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 120
TABLE 66 WATER & WASTEWATER: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 120
TABLE 67 WATER & WASTEWATER: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 121
TABLE 68 WATER & WASTEWATER: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 121
TABLE 69 WATER & WASTEWATER: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 70 WATER & WASTEWATER: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 122
9.6 POWER 122
9.6.1 GROWING DEMAND FOR SUSTAINABLE ENERGY TO FUEL MARKET GROWTH 122
TABLE 71 POWER: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 123
TABLE 72 POWER: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 123
TABLE 73 POWER: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 123
TABLE 74 POWER: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 124
TABLE 75 POWER: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 76 POWER: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 124
9.7 FOOD & BEVERAGE 125
9.7.1 RISING FOCUS ON ENHANCING FOOD PRODUCTION QUALITY, SAFETY, AND COST-EFFICIENCY TO BOOST DEMAND FOR PROCESS ANALYZERS 125
TABLE 77 FOOD & BEVERAGE: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 125
TABLE 78 FOOD & BEVERAGE: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 125
TABLE 79 FOOD & BEVERAGE: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 126
TABLE 80 FOOD & BEVERAGE: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 126
TABLE 81 FOOD & BEVERAGE: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 82 FOOD & BEVERAGE: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 127
9.8 PAPER & PULP 127
9.8.1 ABILITY TO DETECT CONTAMINANTS AND VERIFY PULP PROPERTIES TO BOOST DEMAND 127
TABLE 83 PAPER & PULP: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 128
TABLE 84 PAPER & PULP: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 128
TABLE 85 PAPER & PULP: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 129
TABLE 86 PAPER & PULP: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 129
TABLE 87 PAPER & PULP: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 129
TABLE 88 PAPER & PULP: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 130
9.9 METALS & MINING 130
9.9.1 GROWING DEMAND FOR METALS AND MINERALS TO INCREASE ADOPTION OF PROCESS ANALYZERS 130
TABLE 89 METALS & MINING: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 131
TABLE 90 METAL & MINING: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 131
TABLE 91 METALS & MINING: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 132
TABLE 92 METALS & MINING: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 132
TABLE 93 METALS & MINING: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 132
TABLE 94 METALS & MINING: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 133
 
9.10 CEMENT & GLASS 133
9.10.1 INCREASED INVESTMENTS IN CONSTRUCTION OF RESIDENTIAL AND COMMERCIAL BUILDINGS TO FUEL MARKET GROWTH 133
TABLE 95 CEMENT & GLASS: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 133
TABLE 96 CEMENT & GLASS: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 134
TABLE 97 CEMENT & GLASS: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 134
TABLE 98 CEMENT & GLASS: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 134
TABLE 99 CEMENT & GLASS: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 135
TABLE 100 CEMENT & GLASS: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 135
9.11 OTHERS 135
TABLE 101 OTHERS: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2019–2022 (USD MILLION) 136
TABLE 102 OTHERS: PROCESS ANALYZER MARKET, BY LIQUID ANALYZER, 2023–2028 (USD MILLION) 136
TABLE 103 OTHERS: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2019–2022 (USD MILLION) 137
TABLE 104 OTHERS: PROCESS ANALYZER MARKET, BY GAS ANALYZER, 2023–2028 (USD MILLION) 137
TABLE 105 OTHERS: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 106 OTHERS: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 138
10 PROCESS ANALYZER MARKET, BY REGION 139
10.1 INTRODUCTION 140
FIGURE 40 PROCESS ANALYZER MARKET, BY REGION 140
FIGURE 41 PROCESS ANALYZER MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 140
TABLE 107 PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 141
TABLE 108 PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 141
10.2 NORTH AMERICA 142
10.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA 142
FIGURE 42 NORTH AMERICA: PROCESS ANALYZER MARKET SNAPSHOT 143
TABLE 109 NORTH AMERICA: PROCESS ANALYZER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 110 NORTH AMERICA: PROCESS ANALYZER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 144
TABLE 111 NORTH AMERICA: PROCESS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 144
TABLE 112 NORTH AMERICA: PROCESS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 145
 
10.2.2 US 145
10.2.2.1 Increasing use of predictive and preventive maintenance techniques to fuel market growth 145
10.2.3 CANADA 146
10.2.3.1 Advent of Industry 4.0 and IIoT to drive market 146
10.2.4 MEXICO 146
10.2.4.1 Growing demand for minerals to create growth opportunities 146
10.3 EUROPE 147
10.3.1 RECESSION IMPACT ON MARKET IN EUROPE 147
FIGURE 43 EUROPE: PROCESS ANALYZER MARKET SNAPSHOT 148
TABLE 113 EUROPE: PROCESS ANALYZER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 149
TABLE 114 EUROPE: PROCESS ANALYZER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 149
TABLE 115 EUROPE: PROCESS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 149
TABLE 116 EUROPE: PROCESS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 150
10.3.2 UK 150
10.3.2.1 Rising focus on workplace safety and energy conservation to boost demand 150
10.3.3 GERMANY 151
10.3.3.1 Increasing adoption of automation to fuel market growth 151
10.3.4 FRANCE 151
10.3.4.1 Stringent regulatory policies to drive demand from oil & gas and pharmaceutical companies 151
10.3.5 REST OF EUROPE (ROE) 151
10.4 ASIA PACIFIC 152
10.4.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC 152
FIGURE 44 ASIA PACIFIC: PROCESS ANALYZER MARKET SNAPSHOT 153
TABLE 117 ASIA PACIFIC: PROCESS ANALYZER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 154
TABLE 118 ASIA PACIFIC: PROCESS ANALYZER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 154
TABLE 119 ASIA PACIFIC: PROCESS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 154
TABLE 120 ASIA PACIFIC: PROCESS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 155
10.4.2 CHINA 155
10.4.2.1 Rapid adoption of Industry 4.0 to accelerate market growth 155
10.4.3 JAPAN 156
10.4.3.1 Thriving pharmaceutical industry to drive market 156
10.4.4 INDIA 156
10.4.4.1 Government-led initiatives to boost production in chemical and pharmaceutical industries to contribute to market growth 156
10.4.5 REST OF ASIA PACIFIC 156
10.5 ROW 157
10.5.1 RECESSION IMPACT ON MARKET IN ROW 157
FIGURE 45 SOUTH AMERICA TO DOMINATE MARKET IN ROW THROUGHOUT FORECAST PERIOD 157
TABLE 121 ROW: PROCESS ANALYZER MARKET, BY REGION, 2019–2022 (USD MILLION) 158
TABLE 122 ROW: PROCESS ANALYZER MARKET, BY REGION, 2023–2028 (USD MILLION) 158
TABLE 123 ROW: PROCESS ANALYZER MARKET, BY INDUSTRY, 2019–2022 (USD MILLION) 158
TABLE 124 ROW: PROCESS ANALYZER MARKET, BY INDUSTRY, 2023–2028 (USD MILLION) 159
10.5.2 MIDDLE EAST & AFRICA 159
10.5.2.1 Increasing investments in infrastructure development to drive market 159
10.5.3 SOUTH AMERICA 160
10.5.3.1 Expanding industrial sector and stringent environmental regulations to drive market 160
11 COMPETITIVE LANDSCAPE 161
11.1 OVERVIEW 161
TABLE 125 PROCESS ANALYZER MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 161
11.2 REVENUE ANALYSIS, 2018–2022 163
FIGURE 46 REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2018–2022 163
11.3 MARKET SHARE ANALYSIS, 2022 164
TABLE 126 PROCESS ANALYZER MARKET SHARE ANALYSIS, 2022 164
FIGURE 47 PROCESS ANALYZER MARKET SHARE ANALYSIS OF KEY PLAYERS, 2022 165
11.4 EVALUATION MATRIX OF KEY COMPANIES, 2022 166
11.4.1 STARS 166
11.4.2 EMERGING LEADERS 166
11.4.3 PERVASIVE PLAYERS 167
11.4.4 PARTICIPANTS 167
FIGURE 48 PROCESS ANALYZER MARKET: EVALUATION MATRIX OF KEY COMPANIES, 2022 167
11.4.5 COMPANY FOOTPRINT 168
TABLE 127 LIQUID ANALYZER: COMPANY FOOTPRINT 168
TABLE 128 GAS ANALYZER: COMPANY FOOTPRINT 168
TABLE 129 INDUSTRY: COMPANY FOOTPRINT 169
TABLE 130 REGION: COMPANY FOOTPRINT 169
TABLE 131 OVERALL COMPANY FOOTPRINT 170
11.5 EVALUATION MATRIX OF STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), 2022 171
11.5.1 PROGRESSIVE COMPANIES 171
11.5.2 RESPONSIVE COMPANIES 171
11.5.3 DYNAMIC COMPANIES 171
11.5.4 STARTING BLOCKS 171
FIGURE 49 PROCESS ANALYZER MARKET: EVALUATION MATRIX OF STARTUPS/SMES, 2022 172
11.5.5 COMPETITIVE BENCHMARKING OF STARTUPS/SMES 173
TABLE 132 PROCESS ANALYZER MARKET: LIST OF KEY STARTUPS/SMES 173
TABLE 133 PROCESS ANALYZER MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 173
11.6 COMPETITIVE SCENARIO AND TRENDS 174
11.6.1 PRODUCT LAUNCHES 174
TABLE 134 PROCESS ANALYZER MARKET: PRODUCT LAUNCHES, 2021–2023 174
11.6.2 DEALS 177
TABLE 135 PROCESS ANALYZER MARKET: DEALS, 2021–2023 177
11.6.3 OTHER DEVELOPMENTS 179
TABLE 136 PROCESS ANALYZER MARKET: OTHER DEVELOPMENTS, 2021–2023 179
12 COMPANY PROFILES 180
12.1 KEY PLAYERS 180
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 ABB 180
TABLE 137 ABB: COMPANY OVERVIEW 180
FIGURE 50 ABB: COMPANY SNAPSHOT 181
TABLE 138 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 181
TABLE 139 ABB: PRODUCT LAUNCHES 182
TABLE 140 ABB: DEALS 182
12.1.2 EMERSON ELECTRIC CO. 184
TABLE 141 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 184
FIGURE 51 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 185
TABLE 142 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 185
TABLE 143 OTHERS: HONEYWELL INTERNATIONAL INC 186
12.1.3 SIEMENS 187
TABLE 144 SIEMENS: COMPANY OVERVIEW 187
FIGURE 52 SIEMENS: COMPANY SNAPSHOT 188
TABLE 145 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 188
12.1.4 ENDRESS+HAUSER GROUP SERVICES AG 189
TABLE 146 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY OVERVIEW 189
FIGURE 53 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY SNAPSHOT 190
TABLE 147 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 190
TABLE 148 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCT LAUNCHES 191
TABLE 149 ENDRESS+HAUSER GROUP SERVICES AG: DEALS 191
12.1.5 YOKOGAWA ELECTRIC CORPORATION 192
TABLE 150 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW 192
FIGURE 54 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 193
TABLE 151 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS 194
TABLE 152 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES 194
12.1.6 METTLER TOLEDO 196
TABLE 153 METTLER TOLEDO: COMPANY OVERVIEW 196
FIGURE 55 METTLER TOLEDO: COMPANY SNAPSHOT 197
TABLE 154 METTLER TOLEDO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 197
TABLE 155 METTLER TOLEDO: PRODUCT LAUNCHES 198
12.1.7 SUEZ 199
TABLE 156 SUEZ: COMPANY OVERVIEW 199
FIGURE 56 SUEZ: COMPANY SNAPSHOT 200
TABLE 157 SUEZ: PRODUCTS/SOLUTIONS/SERVICES OFFERED 200
TABLE 158 SUEZ: PRODUCT LAUNCHES 201
12.1.8 THERMO FISHER SCIENTIFIC INC. 202
TABLE 159 THERMO FISHER SCIENTIFIC INC.: COMPANY OVERVIEW 202
FIGURE 57 THERMO FISHER SCIENTIFIC INC.: COMPANY SNAPSHOT 203
TABLE 160 THERMO FISHER SCIENTIFIC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 203
TABLE 161 THERMO FISHER SCIENTIFIC INC.: PRODUCT LAUNCHES 204
TABLE 162 THERMO FISHER SCIENTIFIC INC.: DEALS 204
12.1.9 AMETEK, INC. 206
TABLE 163 AMETEK, INC.: COMPANY OVERVIEW 206
FIGURE 58 AMETEK, INC.: COMPANY SNAPSHOT 207
TABLE 164 AMETEK, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 207
TABLE 165 AMETEK, INC.: PRODUCT LAUNCHES 208
TABLE 166 AMETEK, INC.: OTHERS 208
12.1.10 ANTON PAAR GMBH 210
TABLE 167 ANTON PAAR GMBH: BUSINESS OVERVIEW 210
TABLE 168 ANTON PAAR GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 210
TABLE 169 MITSUBISHI ELECTRIC CORPORATION: DEALS 211
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
12.2 OTHER KEY PLAYERS 212
12.2.1 HACH 212
12.2.2 SHIMADZU CORPORATION 212
12.2.3 JUMO GMBH & CO. KG 213
12.2.4 APPLIED ANALYTICS, INC. 213
12.2.5 OMEGA ENGINEERING, INC. 214
12.2.6 VEGA GRIESHABER KG 214
12.2.7 SARTORIUS AG 215
12.2.8 SCHMIDT + HAENSCH 215
12.2.9 METROHM AG 216
12.2.10 HORIBA 216
12.2.11 BERTHOLD TECHNOLOGIES GMBH & CO. KG 217
12.2.12 KYOTO ELECTRONICS MANUFACTURING CO., LTD. 217
12.2.13 MICHELL INSTRUMENTS 218
12.2.14 SINAR TECHNOLOGY 218
12.2.15 GOW-MAC INSTRUMENT COMPANY 219
12.3 STARTUP/SME PLAYERS 220
12.3.1 SKALAR ANALYTICAL B.V. 220
12.3.2 UIC, INC. 220
12.3.3 COMET ANALYTICS, INC. 221
12.3.4 TOC SYSTEMS 221
12.3.5 SENSOTECH 222
12.3.6 BOPP & REUTHER MESSTECHNIK GMBH 222
12.3.7 ROTOTHERM GROUP 223
12.3.8 INTEGRATED SENSING SYSTEMS 223
12.3.9 LIQUID ANALYTICAL RESOURCE, LLC 224
12.3.10 ELTRA GMBH 224
13 ADJACENT AND RELATED MARKETS 225
13.1 INTRODUCTION 225
13.2 STUDY LIMITATIONS 225
13.3 GAS SENSORS MARKET, BY PRODUCT 226
FIGURE 59 GAS SENSORS MARKET, BY PRODUCT 226
TABLE 170 GAS SENSORS MARKET, BY PRODUCT, 2018–2021 (USD MILLION) 226
TABLE 171 GAS SENSORS MARKET, BY PRODUCT, 2022–2027 (USD MILLION) 227
13.4 GAS ANALYZERS & MONITORS 227
13.4.1 PRESSING NEED FOR WORKPLACE SAFETY TO BOOST DEMAND 227
13.5 GAS DETECTORS 228
13.5.1 BOOMING AUTOMOTIVE SECTOR TO OFFER LUCRATIVE GROWTH OPPORTUNITIES 228
13.6 AIR QUALITY MONITORS 228
13.6.1 ONGOING CAMPAIGNS AND PROGRAMS TO INCREASE AWARENESS ABOUTH AIR POLLUTION CONTROL TO BOOST DEMAND 228
13.7 AIR PURIFIERS/AIR CLEANERS 229
13.7.1 GROWING DEPLOYMENT IN COMMERCIAL AND RESIDENTIAL BUILDINGS TO DRIVE MARKET 229
13.8 HVAC SYSTEMS 229
13.8.1 RISING NEED TO REGULATE ENVIRONMENTAL CONDITIONS TO DRIVE MARKET 229
13.9 MEDICAL EQUIPMENT 230
13.9.1 INCREASING DEMAND FOR VENTILATORS AND INCUBATORS TO DRIVE MARKET 230
13.10 CONSUMER DEVICES 230
13.10.1 SURGING ADOPTION OF WEARABLE DEVICES TO DRIVE MARKET 230
 
14 APPENDIX 231
14.1 INSIGHTS FROM INDUSTRY EXPERTS 231
14.2 DISCUSSION GUIDE 232
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 235
14.4 CUSTOMIZATION OPTIONS 237
14.5 RELATED REPORTS 237
14.6 AUTHOR DETAILS 238