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The Shift From Lab to Process Quality Control Analysis Drives Market Growth
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This Frost & Sullivan research service on the analysis of the global process analytical instrumentation market provides detailed market forecasts, drivers and restraints, as well as market shares and competitive analyses of participants from 2014 to 2024. It covers the various types of analytical instruments, including process gas chromatographs, process spectrometers, process gas analyzers, process liquid analyzers, and Tunable Diode Laser Spectroscopy (TDLS). Revenue forecasts have been provided for each of the above mentioned product segments from 2018–2024. Market share analysis is performed at the total market level and at each product level. The global process analytical instruments market generated $2,629.9 million in 2017, with a base year growth rate of 4.5%. The market is set to grow further, as the need for online analysis is increasing. TDLS is expected to grow the fastest with its low cost and ease-of-use capabilities.
The regional scope is:
North America: Canada and the United States
Europe: Western Europe, Central Europe, Russia, and Eastern Europe
APAC: Western rim of the Pacific Ocean, the Indochina Peninsula, the Pacific Islands, and Central Asia
Developing Countries: Central America, South America, Mexico, the Middle East, and Africa
Some of the key drivers bolstering market growth include:
On the other hand, there are few restraints impacting market growth. They include:
Key forecast assumptions are as follows:
Key Issues Addressed
Global Chromatography Instruments Market, Forecast to 2025
Global Molecular Analysis Spectrometers Market, Forecast to 2025
Analysis of the Global Lab Analytical Instrumentation Market, Forecast to 2025
Advanced Services in the Analytical Instrumentation Market, Forecast to 2022
Global Mass Spectrometry Market, Forecast to 2024
Global Laser based Gas Analyzers Market, Forecasts to 2024
European Analytical Instrumentation Market, Forecast to 2024
Global Materials Characterization Market, Forecast to 2024
Global Used, Rental, and Leasing Analytical Equipment Market, Forecast to 2022
BRICS Analytical Instrumentation Market, Forecast to 2022
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