USD 5.59 Billion
Process Analyzer Market Size, Share, Growth Analysis, By Liquid Analyzer (PH/ORP Analyzer, Dissolved Oxygen Analyzer), By Gas Analyzer (Oxygen Analyzer, Carbon Dioxide Analyzer), By Industry (Pharmaceutical, Metals & Mining), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35I2353 |
Region:
Global |
Published Date: November, 2024
Pages:
171
|Tables:
100
|Figures:
71
Process Analyzer Market Insights
Process Analyzer Market size was valued at USD 7.47 Billion in 2023 and is poised to grow from USD 7.75 Billion in 2024 to USD 10.35 Billion by 2032, growing at a CAGR of 3.70% during the forecast period (2025-2032).
The leading cause of a rise in the global process analyzer market is the increasing need for wastewater treatment facilities. Urbanization also increased the demand for efficient water management solutions. This makes treatment plants for both drinking and sewage increasingly important due to stricter government regulations, more intensive industry requirements and a greater concern over public health and water purity. Another factor propelling the market is the growing usage of process analyzer in medication safety. The pharmaceutical market has experienced significant growth due to the COVID-19 pandemic. Additionally, a significant driver propelling the global process analyzer market is the global manufacturing sector's embrace of automation, AI, and smart technologies.
Nevertheless, a shortage of qualified personnel makes it difficult to run the process analyzer, which could otherwise result in mistakes when monitoring the substance. Additionally, the producer chooses to install straightforward, inexpensive monitoring solutions rather than expensive process analyzer due to the high cost of the analyser and its software. This constrains the market. In addition, the industry, oil and gas, and construction sectors were severely impacted by the Covid-19 pandemic. Additionally, there were significant restrictions or a complete halt to construction activity.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Dissolved Oxygen Analyzer
Fastest Growth
Oxygen Analyzer
Growth Rate
18.9% CAGR
Global Process Analyzer Market ($ Bn)
Country Share by North America (%)
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Process Analyzer Market Segmental Analysis
Global Process Analyzer Market is segmented by Liquid Analyzer, Gas Analyzer, Industry, and region. Based on Liquid Analyzer, the market is segmented into PH/ORP Analyzer, Conductivity Analyzer, Turbidity Analyzer, Dissolved Oxygen Analyzer, Liquid Density Analyzer, MLSS Analyzer, and TOC Analyzer. Based on Gas Analyzer, the market is segmented into Oxygen Analyzer, Carbon Dioxide Analyzer, Moisture Analyzer, Toxic Gas Analyzer, and Hydrogen Sulfide Analyzer. Based on Industry, the market is segmented into Pharmaceutical, Petrochemical, Pharmaceutical, Water & Wastewater, Power, Food & Beverage, Paper & Pulp, Metals & Mining, Cement & Glass, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Liquid Analyzer
As per categorization by liquid analyzer, the market is classified as PH analyzer, conductivity analyzer, turbidity analyzer, dissolved oxygen analyzer, liquid density analyzer, MLSS analyzer and TOC analyzer. Among these, MLSS analyzer earned the largest share and continues to dominate the market. MLSS Analyzer is transforming the global process analyzer market with its exactness while analyzing wastewater treatment in real-time. This is primarily due to the increasing global need for effective water management systems driven by environmental regulations together with industrial requirements to improve water quality and operational efficiencies.
It is expected that the pH analyzer will be the quickest expanding section in the global process analyzer market due to its essential position in sectors like water treatment, drugs and food processing, without which quality control of products and compliance to regulations would not be observed. This is due to increasing environmental concerns and more stringent water management constraints seeing more customers adopt these tools. Furthermore, innovations in sensor precision along with live data collection have led to greater need for such devices thus speeding their market growth rate.
Analysis by Gas Analyzer
Oxygen analyzers for resolving global process analyzer market are making it easier than ever to accurately monitor oxygen level changes throughout different industries, especially in petrochemistry and environmental monitoring. The increasing need for improved combustion control, safety during industrial processes as well as compliance with strict regulatory policies regarding emissions and air quality are playing a fundamental role in the dominance of these products.
The global process analyzer market is likely to see strong development in relation to gas analyzers due to increasing security requirements across various sectors such as oil and gas, chemicals, mining among others. Continuous monitoring of dangerous gases to ensure workplace safety and environmental compliance has generated a lot of demand for these analyzers. Furthermore, there are numerous advances that have been achieved in sensor sensitivity as well as instant data analysis facilitating improved levels of detection which makes it necessary when dealing with accidental cases or any other regulatory breaches; hence the growing market.
Global Process Analyzer Market By Liquid Analyzer (%)
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Process Analyzer Market Regional Insights
Owing to swift industrialization, population boom and strict environmental policies being implemented in nations such as China, India and Japan; Asia-Pacific is emerging as a leader in the global process analyzer market. The region’s growing manufacturing, chemical, and oil and gas industries are stimulating growth in demand for process analyzers to maintain operational efficiency and compliance with regulations. Additionally, an increasing trend toward managing water and air quality due to rising levels of pollution and human population growth has led to the rise in uptake of sophisticated monitoring devices. In addition, government policies that encourage industrial automation as well as sustainable practices have bolstered Asia Pacific’s dominance within this market segment thus making it a key growth point for process analyzers.
Due to its strict environmental rules, mainly in water treatment, chemicals and energy, Europe is the fastest growing region on the global process analyzer market. The European Union's main objective for sustainability and lowering emissions from industries has resulted in a rise in demand for advanced process analyzers used in real-time monitoring and adherence to regulations. There is also a growing need for analyzers in industries migrating towards greener technologies due to renewable energy and efficient resource management that is being advocated for in this region. Owing to Europe’s prominence in industrial automation and technological innovation, as well as its adherence to environmental standards, the process analyzer market is witnessing significant growth driven primarily by this latter aspect.
Global Process Analyzer Market By Geography
- Largest
- Fastest
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Process Analyzer Market Dynamics
Drivers
Growing Need for Wastewater and Water Treatment:
- Due to various factors, including changing weather patterns, rising pollution levels, and climate change, fresh water is becoming scarce across the globe. To this end, measures aimed at preservation of water resources such as enhancing the efficiency of water supply systems, collecting rainwater and treating it have become increasingly popular. Water that is utilized in homes or industrial facilities is called wastewater. If it's going to be dumped into a lake or river, it needs to be treated first.
Escalating Need for Environmental Surveillance:
- As process analyzer offers real-time, continuous monitoring of emissions and other important process parameters, process analyzer are indispensable tools in industrial environments. These analyzers are important for businesses to meet environmental regulations as they provide accurate and trustworthy data regarding temperature, pressure, flow rates, chemical composition and pollutant levels. Consequently, it is due to such information that there is conformity with output control and continual modifications to ensure that pollution discharges may be reduced and parameters taken outside normal limits.
Restraints
Regulatory Compliance Challenges:
- Process analyzers face a difficult task adhering to different regional and industry regulations. It could be that modifications or additional certification are needed across various markets due to different standards and certifications, thus increasing costs and taking longer for implementation. For organizations wishing to deploy these devices globally, this kind of regulatory complexity can pose considerable challenges which may in turn hurt the growth of such devices in such regions and render them less attractive.
Adopting Advanced Process Analyzers:
- For customers who want to stay on top of things, it can be hard to cope with all this fast change in process analyzers due to rapid technological improvement. The frequently changing processes demand complex, costly and regular updates and upgrades. Due to this fast transformation, organizations may not invest in new systems for fear of becoming obsolete or failing to remain effective and compatible with changing environments.
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Process Analyzer Market Competitive Landscape
The competitive landscape of the global process analyzer market is intensifying with a focus on technology and geographical expansion by the key players. Some of the key international players in this industry are Emerson Electric Co., Siemens AG, Honeywell International Inc., and ABB Ltd., who are providing ahead-of-time analyzer and integrated solutions. As a part of their specialization, adapting products according to changing industry needs through automation and digitalization help them in increasing the competitiveness and market growth.
Top Player’s Company Profiles
- ABB (Switzerland)
- Emerson Electric Co. (US)
- Siemens (Germany)
- Endress+Hauser Group Services AG (Switzerland)
- Yokogawa Electric Corporation (Japan)
- Mettler Toledo (US/Switzerland)
- Thermo Fisher Scientific Inc. (US)
- Ametek, Inc. (US)
- Anton Paar GmbH (Austria)
- Hach (Danaher Corporation) (US)
- Shimadzu Corporation (Japan)
- Jumo GmbH & Co. KG (Germany)
- Applied Analytics, Inc. (US)
- Vega Grieshaber KG (Germany)
- Sartorius AG (Germany)
- Schmidt + Haensch (Germany)
- Metrohm AG (Switzerland)
- Horiba (Japan)
- Berthold Technologies GmbH & Co. KG (Germany)
- Kyoto Electronics Manufacturing Co., Ltd. (Japan)
- Sinar Technology (UK)
- Gow-Mac Instrument Company (US)
- Skalar Analytical B.V. (Netherlands)
- UIC, Inc. (US)
- Comet Analytics, Inc. (US)
- TOC Systems (US)
- Sensotech (Germany)
- Bopp & Reuther Messtechnik GmbH (Germany)
- Rototherm Group (UK)
- Integrated Sensing Systems (US)
- Liquid Analytical Resource, LLC (US)
- Eltra GmbH (Germany)
Recent Developments
- In August 2024, Emerson Electric Co. has introduced the Rosemount™ 8800 Series, an advanced process analyser that delivers improved precision in mission-critical events. This invention provides predictive maintenance tools and advanced diagnostics to enhance productivity and minimize idling time in manufacturing environments.
- In July 2024, The SITRANSTM FS220 ultrasonic flowmeter was introduced by Siemens AG, broadening their range of process analysers. When it comes to measuring flow rates under difficult conditions, the device offers remarkable accuracy and reliability which satisfy the requirements of such sectors as chemical processing, as well as oil and gas extraction, while enhancing process control and safety.
- In June 2024, EXAxtendTM is an Integrated Analyser System launched by Yokogawa Electric Corporation. This platform integrates multiple analytical methods, thus enhancing data management and process effectiveness. The objective of this paper is to increase productivity and provide better insights into different sectors within the industry.
Process Analyzer Key Market Trends
- Industry 4.0 Integration and Smart Manufacturing shaping the Market: Today's global Process Analyser market is being driven by several trends. A significant trend is Industry 4.0 integration. Industrial process optimization and real-time monitoring are possible with process analysers equipped with contemporary sensors, networking, and data analytics. This innovation falls within the category of "smart manufacturing," which enhances process accuracy and efficiency across industries through automation and digitalization.
- Enhancing Scalability, Accessibility, and Collaboration in Modern Industries: Process analysers that are hosted in the cloud are growing in acceptance. Processing, storage and retrieval of process analyser data is made possible through cloud storage. It enables firms to develop budget-friendly and expandable frameworks which they can later access and regulate from a distance. Due to enhanced availability of key information, cloud integration improves collaboration among stakeholders and decision-making.
Process Analyzer Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the growing need for sophisticated water and wastewater treatment systems, more environmental monitoring, and the wider integration of automation and smart technologies across sectors are the main factors propelling the global process analyser market.
Technologies like Industry 4.0 integration and cloud-based analysers are propelling growth; notwithstanding, several challenges exist that impinge on the smooth running of this sector. High equipment costs, regulatory compliance issues and new technological complexities hinder development. However, this market continues to evolve due to competitive dynamics and constant improvement by big multinationals while regional variations complicate matters further.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 7.2 billion |
| Market size value in 2031 | USD 9.98 billion |
| Growth Rate | 3.70% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Process Analyzer Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Process Analyzer Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Process Analyzer Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Process Analyzer Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Process Analyzer Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Process Analyzer Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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