Process Analyzer Market worth $9.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 21, 2023 /PRNewswire/ -- 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% according to a new report by MarketsandMarkets™. The growth of the process analyzer market is propelled by rising demand for water and wastewater treatment, increasing use of process analyzers in drug safety, and fiscal policy measures by regional financial institutions to boost the process analyzer market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=148603279

Browse in-depth TOC on "Process Analyzer Market" 
120 – Tables
40 – Figures
200 – Pages

Process Analyzer Market Report Scope:

TOC Analyzer segment to hold the largest market share in the year 2022.

TOC analyzers are essential measurement components in a host of industries relying on process control and reporting of regulated organic discharge levels. Industries often use TOC analysis to protect vital systems from corrosion by monitoring the raw water feedstock and process water quality. The increasing demand for water and wastewater treatment in various countries and the wide use of TOC analyzers in water treatment for industrial and domestic use are expected to help the TOC analyzer segment maintain the largest share of the liquid analyzer market in 2022.

Oxygen Analyzer segment to record the highest CAGR during the forecast period.

An oxygen analyzer is one of the important gas analyzers utilized in a wide range of industries. Oxygen plays an important role in any combustion process, and the amount of oxygen in the process decides whether the combustion is rich or lean. These analyzers are also used for boiler combustion control, oxygen measurement in flammable gas mixtures, and environmental monitoring at reflow furnaces and globe boxes. The wide use of oxygen analyzers across industries is expected to help the oxygen analyzer segment record the highest CAGR during the forecast period.

Pharmaceuticals segment to record the highest CAGR during the forecast period.

The pharmaceutical industry is expected to exhibit the highest growth during the forecast period. This growth can be attributed to the stringent regulations regarding the quality of pharmaceutical products. Various gas and liquid analyzers have become indispensable for monitoring critical process parameters in the pharmaceutical industry.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=148603279

Asia Pacific is expected to grow at the highest CAGR in the Process Analyzer market from 2023 to 2028.

Asia Pacific accounted for the most significant global process analyzer industry share 2022. Process analyzer solutions are widely adopted in APAC owing to the large-scale manufacturing base in the region. Most key global companies from different industries have shifted their manufacturing units to Asia Pacific owing to low labor costs and easy availability of a skilled workforce. Key automotive, consumer electronics, pharmaceuticals, refining, and mining industries have a regional base.

Key players operating in the Process Analyzer Companies include 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) and Others in the Process Analyzer market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=148603279

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Gas Sensors Market by Gas Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Technology, Output Type, Product Type, Application and Region - Global Forecast to 2027

Wireless Gas Detection Market with Covid-19 impact by Technology (Wi-Fi, Bluetooth, Cellular, License-Free Ism Band), Offering (Hardware (Detectors/ Sensors, Gateways, Monitors and Controllers), Software, Services), Application, and Geography - Global Forecast to 2025

Non-dispersive Infrared (NDIR) Market by Gas Type (Carbon dioxide, hydrocarbons, others), Application (Monitoring, HVAC, Detection and Analysis), Vertical (Industrial & Manufacturing, Oil & Gas) and Region - Global Forecast to 2027 

Thermal Imaging Market Size, Share & Industry Growth Analysis Report by Product Type (Modules, Cameras, Scopes), Type (Handheld and Standstill), Technology (Cooled, Uncooled), Application, Wavelength (SWIR, MWIR, LWIR), Vertical, and Region - Global Growth Driver and Industry Forecast to 2026

Emission Monitoring System (EMS) Market by System Type (CEMS, PEMS), Offering (Hardware, Software, Services), Industry (Power Generation, Oil & Gas, Chemicals, Petrochemicals) and Region (2022-2027) 

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/process-analyzers-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/process-analyzers.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg 

SOURCE MarketsandMarkets