Liquid Analytical Instruments Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
- Transparency Market Research
Liquid analytical instruments are devices that are used for chemical analysis of various samples. The liquid analytical instruments market has witnessed a remarkable growth due to the development of better performing reagents and devices. Moreover, with the emergence of advance technologies such as stream selection technology and high frequency liquid analyzers it is expected that the liquid analytical instruments market will experience a significant growth in the near future.
The major types of liquid analytical instruments are as follows:
- pH/ORP Analyzers
- Turbidity Analyzers
- Dissolved Oxygen Analyzers
- Ammonium Analyzer
- Chlorine Analyzers
- Near Infrared Analyzers
Some of the applications of liquid analytical instruments are as follows:
- Hygienic and biotechnology process
- Chemical processes
- Wastewater management
- Water purification applications
- Drug discovery applications
Some of the end-users of the liquid analytical instruments are as follows:
- Pharmaceutical companies
- Biotechnology industry
- Academic research
- Food and beverage industries
In terms of geography, North America followed by Europe account for the largest market share of liquid analytical instruments market due to the high adoption rate of liquid analyzers in wastewater management industry and biotechnology industry. Moreover, stringent environmental policies and focus on protecting the environment has fueled the sales of liquid analytical instruments in established countries such as the U.S., U.K., Germany, France, Italy and Canada. However, other regions such as Middle East, Latin America and South East Asia are expected to be the prospective markets in the near future. Due to the high adoption rate of precise analytical instruments and highly developing biotechnology industry, these regions are expected to be the potential market in the near future. Moreover, nowadays, major pharmaceutical companies are outsourcing their drug development services to various countries such as China, Singapore, Malaysia and India, which is ultimately propelling the growth of the liquid analytical instruments market.
The global liquid analytical instruments market is witnessing an admirable growth due to the rising demand of real-time data monitoring and enhanced industrial process requirements. Moreover, stringent environmental standards along with increased demand for liquid analyzers in wastewater and water quality management industry are expected to boost the growth of overall liquid analytical instruments market in the near future. The major usage liquid analytical instruments are for industrial manufacturing process that requires fast and precise measurements and biased free results. Furthermore, the use of automated liquid analytical instruments in pharmaceutical industry decreases human biases and enables easy data control and monitoring. Additionally, liquid analytical instruments are widely used in biotechnology applications for ensuring optimum yield in various fermentation processes and for monitoring metabolism of microorganisms. These highly precise instruments are also extensively used in the food and beverage industry for maintaining the quality. For instance, advance liquid analyzers are used in breweries to control oxygen level during the fermentation process, which also helps in prevention oxidation of substances thus increasing the shelf-life of beer.
The global liquid analytical instruments market is highly fragmented due to the participation of many global as well as new players in this market. The market is expected to witness a high growth rate due to the growing demand for finer process analyses and stringent environmental policies. Some of the key players involved with the liquid analytical instruments market are ABB Ltd., Analytical Systems International / Keco, Electro-Chemical Devices, Inc., Emerson Electric Co., Endress+Hauser AG, Mettler-Toledo International Inc., Schneider Electric, Teledyne Technologies Incorporated and Yokogawa Electric Corporation.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.
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