Nov 17, 2017   SOURCE: BusinessWire

Global Process Analyzer Market Forecasts to 2022 - Growing at CAGR of 3.97% - Research and Markets

The "Process Analyzer Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.

Global process analyzer market is projected to grow from US$2.492 billion in 2017 to US$3.027 billion by 2022, growing at a CAGR of 3.97%.

Growing awareness regarding water saving and treatment is one of the key drivers of global process analyzer market. Increasing manufacturing activities is further fuelling the demand for process analyzers on account of demanding standards and specifications.

The demand for process analyzers by food and beverage industry will escalate due to stringent government and health regulations across the globe. Furthermore, increasing demand for emission control will further propel the growth of global process analyzers market in the forthcoming years.

North America holds the largest share of the global process analyzers market due to high investments in food and beverage industry and growing pharmaceuticals industry. APAC region is anticipated to witness a significant market growth which is majorly driven by growing demand for wastewater treatment plants. Moreover, rapid industrialization and growing processed food and beverage industry will further boost the demand for process analyzers in the region.

However, high infrastructure costs, lack of maintenance of the installed process analyzers, and lack of skilled personnel are the restraints that will hinder the growth of global process analyzer market during the forecast period.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Process Analyzer Market Forecast by Type (US$ billion)

6. Process Analyzer Market Forecast by Industry Verticals (US$ billion)

7. Process Analyzer MarketForecast by Geography (US$ billion)

8. Competitive Intelligence

9. Company Profiles

  • ABB
  • Yokogawa Electric Corporation
  • Schneider Electric
  • Emerson Electric
  • AMETEK Process Instruments
  • Thermo Fisher Scientific
  • Endress+Hauser
  • Hach Company
  • Siemens
  • Teledyne Technologies

For more information about this report visit https://www.researchandmarkets.com/research/4x4b9x/process_analyzer