プロセスアナライザー市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年9月

Process Analyzer Market – Global Forecast to 2028

プロセスアナライザー市場 : 液体分析装置 (MLSS、全有機炭素、pH、液体密度、導電率、溶存酸素)、ガス分析装置 (酸素、二酸化炭素、水分、有毒ガス、硫化水素)、業界と地域別 – 2028年までの世界予測
Process Analyzer Market by Liquid Analyzer (MLSS, Total Organic Carbon, pH, Liquid Density, Conductivity, Dissolved Oxygen), Gas Analyzer (Oxygen, Carbon Dioxide, Moisture, Toxic Gas, Hydrogen Sulfide), Industry and Region – Global Forecast to 2028

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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.

プロセスアナライザー市場 : 2028年までの世界予測

“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.

プロセスアナライザー市場 : 2028年までの世界予測 ecosystem

“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.

プロセスアナライザー市場 : 2028年までの世界予測 region

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