Market Overview:
The global process analysers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for process analysers in oil & gas, petrochemical, and pharmaceutical industries. Additionally, the growing demand for miniaturised and portable process analysers is also fuelling the growth of this market. However, high installation and maintenance costs are restraining the growth of this market. On the basis of type, liquid process analysers accounted for a major share of the global process analysers market in 2017.
Product Definition:
A process analyser is a device used to measure the performance of a given process. It collects data on things such as flow rate, temperature, pressure, and concentration. This information can then be used to improve the efficiency of the process. Process analyzers are important for industries that need to ensure their processes are running smoothly and efficiently.
Liquid:
The liquid is a solution of reagents that are used in process analyzers to measure the concentration of impurities present in the solution. The most commonly used liquids are water, methanol, ethanol and acetone among others. These liquids have wide applications across various industries such as chemical processing, pharmaceuticals and food & beverages among others.
Gas:
The global gas and it's usage in process analyzers market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for natural gas across various end-use industries including power generation, manufacturing, domestic applications, etc.
Application Insights:
The oil & gas application segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growing importance of process analysis in upstream and midstream operations of oil & gas industry is anticipated to drive demand over the coming years.
Process analysers are used for a wide range of applications including crude oil refining, natural gas processing, petrochemical production, pharmaceuticals and other industries such as food & beverage processing. The increasing need to optimize plant processes across all units within a complex so as to increase overall plant output while reducing energy consumption or generating renewable energy is expected fuel market growth during the forecast period.
Increasing investments by companies operating in various sectors such as pharmaceuticals, food & beverages and chemical manufacturing are likely to propel market growth during future years. In addition, favorable government initiatives coupled with technological advancements are further expected drive demand from other applications segments such as power generation plants etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing shale gas exploration activities and growing oil & gas E&P activities in Mexico, which are anticipated to drive regional growth over the next eight years.
The Asia Pacific is projected to witness significant growth over the coming years owing to rising investments by various companies for developing oil fields and enhancing production capacity of existing wells. In addition, government initiatives encouraging FDI for promoting domestic level production are also likely to contribute toward increased regional demand during the same period.
Europe was estimated as being worth USD X million in 2017.
Growth Factors:
- Increasing demand for quality control and process improvement in various industries
- Growing popularity of continuous process monitoring for improved efficiency
- Rising need to meet regulatory compliance requirements in various sectors
- Advances in analytical technology and instrumentation that improve accuracy and speed of analysis
- Increasing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Process Analysers Market Research Report
By Type
Liquid, Gas
By Application
Oil & Gas, Petrochemical, Pharmaceutical, Petrochemical, Other
By Companies
ABB Ltd. (Switzerland), Siemens AG (Germany), Modcon Systems Ltd.(U.K), Applied Analytics, Inc.(U.S), Endress+Hauser Management AG (Switzerland), Applied Instrument Technologies, Inc.(U.S), Emerson Electric Co.(U.S), SICK AG (Germany), INFICON, Inc.(Switzerland), AMETEK, Inc.(U.S), ABB Ltd. (Switzerland)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Process Analysers Market Report Segments:
The global Process Analysers market is segmented on the basis of:
Types
Liquid, Gas
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Petrochemical, Pharmaceutical, Petrochemical, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB Ltd. (Switzerland)
- Siemens AG (Germany)
- Modcon Systems Ltd.(U.K)
- Applied Analytics, Inc.(U.S)
- Endress+Hauser Management AG (Switzerland)
- Applied Instrument Technologies, Inc.(U.S)
- Emerson Electric Co.(U.S)
- SICK AG (Germany)
- INFICON, Inc.(Switzerland)
- AMETEK, Inc.(U.S)
- ABB Ltd. (Switzerland)
Highlights of The Process Analysers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Gas
- By Application:
- Oil & Gas
- Petrochemical
- Pharmaceutical
- Petrochemical
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Process Analysers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Process analysers are software that helps organisations to understand how their processes are working and to make changes where necessary. They can help identify bottlenecks and potential problems, as well as suggest ways of improving efficiency.
Some of the major players in the process analysers market are ABB Ltd. (Switzerland), Siemens AG (Germany), Modcon Systems Ltd.(U.K), Applied Analytics, Inc.(U.S), Endress+Hauser Management AG (Switzerland), Applied Instrument Technologies, Inc.(U.S), Emerson Electric Co.(U.S), SICK AG (Germany), INFICON, Inc.(Switzerland), AMETEK, Inc.(U.S), ABB Ltd. (Switzerland).
The process analysers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Process Analysers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Process Analysers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Process Analysers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Process Analysers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Process Analysers Market Size & Forecast, 2020-2028
4.5.1 Process Analysers Market Size and Y-o-Y Growth
4.5.2 Process Analysers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Gas
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Petrochemical
6.2.3 Pharmaceutical
6.2.4 Petrochemical
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Process Analysers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Process Analysers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Gas
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Petrochemical
9.10.3 Pharmaceutical
9.10.4 Petrochemical
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Gas
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Petrochemical
10.10.3 Pharmaceutical
10.10.4 Petrochemical
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Gas
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Petrochemical
11.10.3 Pharmaceutical
11.10.4 Petrochemical
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Gas
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Petrochemical
12.10.3 Pharmaceutical
12.10.4 Petrochemical
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Gas
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Petrochemical
13.10.3 Pharmaceutical
13.10.4 Petrochemical
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Process Analysers Market: Competitive Dashboard
14.2 Global Process Analysers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB Ltd. (Switzerland)
14.3.2 Siemens AG (Germany)
14.3.3 Modcon Systems Ltd.(U.K)
14.3.4 Applied Analytics, Inc.(U.S)
14.3.5 Endress+Hauser Management AG (Switzerland)
14.3.6 Applied Instrument Technologies, Inc.(U.S)
14.3.7 Emerson Electric Co.(U.S)
14.3.8 SICK AG (Germany)
14.3.9 INFICON, Inc.(Switzerland)
14.3.10 AMETEK, Inc.(U.S)
14.3.11 ABB Ltd. (Switzerland)
