The global process liquid analyzer market is estimated to be valued at approximately USD 2,861.9 million in 2023. As the adoption of process liquid analyzers grows across industries such as oil and petrochemicals, water and wastewater treatment, and food and beverages, the overall demand is projected to increase at a moderate CAGR of 5.5% from 2023 to 2033, reaching over USD 4,888.5 million in 2033.
This growth reflects a steady annual increase from an estimated value of just under USD 2.4 billion in 2018, indicating a decadal growth rate of 5.9%.
To comply with evolving regulations, petroleum refineries will need to upgrade their infrastructure, technologies, and operational processes, creating favorable conditions for revenue growth in the global process liquid analyzer market.
With a rising emphasis on sustainability and the green revolution, alongside concerns about fossil fuel usage, governments worldwide are collaborating with industry organizations to implement regulations aimed at reducing the harmful impacts of refined petroleum products.
Additionally, rapid industrialization and urbanization have led to an ongoing demand for clean, potable water and wastewater treatment. Governments in emerging economies, particularly in the Asia Pacific region, are increasing investments in water and wastewater treatment infrastructure to address the growing population’s needs. Future Market Insights anticipates lucrative opportunities for revenue generation in the process liquid analyzer market as a direct result of these investments.
FMI Projections and Forecasts of the Process Liquid Analyser Market
- The process liquid analyser market is estimated to generate incremental $ opportunity to the tune of about US$ 1.8 Billion in the next 10 years
- Process liquid analysers deploying NIR technology are slated to have the widest application
- TOC analysers to dominate the global market through 2028; pH & ORP analysers to witness fastest growth owing to increasing application across several end-use industries
- Process liquid analysers with digital displays to hold largest market share in the coming decade
- Demand from the water and wastewater treatment sector will witness fastest growth during the period 2022–2028; this is also the largest revenue generating end-use sector in the global market
- North America to remain dominant regional market for process liquid analysers through 2028; China and India to remain top regional markets in terms of demand for process liquid analysers.
Key Companies Profiled
- ABB
- General Electric
- Danaher-Corporation Hach
- Schneider Electric
- Emerson Electric Co.
- Endress+Hauser Management AG
- Novatech Analytical Solutions Inc.
- METTLER TOLEDO
- Suez, Applied Analytics Group BV
- Teledyne Analytical Instruments
- AMETEK Inc.
- Modcon Systems Ltd.
- Metrohm
- Xylem Inc.
Process Liquid Analyzer Market by Category
By Technology:
- NIR Based
- NMR Based
- ECD Sensor Based
- Laser Based
By Liquid Medium:
- Water
- Oil
- Other Chemicals & Liquids
By Product:
- pH & ORP (Oxidation-Reduction Potential) Analyzers
- Conductivity Analyzers
- MLSS (Mixed Liquor Suspended Solids) & Turbidity Analyzers
- Liquid Density Analyzers
- Chlorine Analyzers
- Dissolved Oxygen Analyzers
- Total Sulfur & Nitrogen Analyzers
- Oil in Water Analyzers
- TOC Analyzers
- Heavy Aromatics Analyzers
By Display:
- Analog
- Digital
By End Use:
- Oil & Petrochemicals
- Water & Wastewater Treatment
- Food & Beverages
- Chemicals
- Medical & Pharmaceutical
- Others
By Region:
- North America
- Western Europe
- South East Asia & Pacific
- Latin America
- Eastern Europe
- Middle East and Africa
- China
- Japan
- India
Report Preview: https://www.futuremarketinsights.com/reports/process-liquid-analyzer-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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