Process Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2030

  • Single User License $3500

Process Analyzer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2030

Status : January, 2023 | Semiconductor & Electronics

Report Digest

Process analyzers have a wide-spread presence in multiple industries owing to the criticality of their operations, mainly in the quality control divisions of businesses. New-age process analyzers are becoming more advanced in terms of their accuracy and convenience of use, which reflects various developments in the process analyzers market.

Based on the application-driven needs, manufacturers are increasing focus on offering unique capabilities of their products. For instance, companies are offering high-performance carbon dioxide gas analyzers with features that suit operations in the food & beverage industry. With advancements in technologies, manufacturers in the process analyzers market are expected to improve the accuracy and convenience of their products in the coming years.

Process Analyzer Market: Drivers

Enormous potential and demand for process analyzers in the pharmaceutical industry is one of the most important factors that are triggering the growth of the process analyzers market. Not only in drug manufacturing operations but also in the field of dentistry, the range applications of process analyzers are only widening with time.

Manufacturers offering industry-specific features in process analyzers for quality control in order to benefit from the surging demand from the ever-growing pharmaceutical industry.  In addition, the water & wastewater industry is also likely to trigger demand as environmental organizations are introducing stringent regulations vis-a-vis water quality standards for industries. This is also expected to create new avenues of growth for players in the liquid process analyzers market.

Process Analyzer Market: Challenges and Restraints

High maintenance and servicing costs associated with process analyzers is one of the biggest hindrances in the growth of the market. As the role of process analyzers in various manufacturing operations is to monitor and measure gas and liquid contents, maintenance becomes inevitable in order to ensure accuracy in measurements.

Without periodic maintenance, process analyzers may produce unreliable data, and this can reflect major flaws in production and unplanned plan shutdowns, sometimes delayed production cycles. Therefore, manufacturers in the process analyzers market need to have dedicated teams for offering maintenance services to design strategies to ensure better performance of their products based on their industrial applications.

Process Analyzer Market: Opportunities and Trends

Growing adoption of process analyzers in the oil & gas industry are creating new opportunities for market players, as the demand for automatic validation tools is increasing in this space. Businesses can leverage these opportunities by introducing high-quality gas and liquid process analyzers, which are becoming an integral part of the oil & gas as well as the pharmaceutical industries.

Adoption of innovative techniques and technologies is emerging as the latest trend in the process analyzer market. Manufacturers are using advanced techniques such as Tunable Diode Laser Absorption Spectroscopy (TDLAS) in order to achieve extremely low detection limits. Furthermore, other technologically advanced tools are enabling manufacturers to introduce process analyzers with real-time, more accurate, and faster measurements in various industrial applications.

Process Analyzer Market: Region-wise Analysis

While the world is emerging out of the global outbreak of novel coronavirus, the Asia Pacific region is expected to witness positive growth of its manufacturing industry. This is expected to create more lucrative opportunities for businesses in the APAC market for process analyzers. China and Japan are likely to experience rise in the adoption of advanced process automation technologies, and this provides an impetus to business in the region.

process analyzer market

Apart from the Asia Pacific region, the process analyzer market in Europe is also expected to witness an upsurge in investment activities in the region as players are expanding their global networks. For instance, In 2018, LAR Process Analysers AG - a German manufacturer and supplier of on-line process analyzers was acquired by Process Insights Holdings - a US-based player in the gas and water analysis space. The acquisition was aimed at by LAR Process Analysers AG to strengthen its global position as a premium brand in the industry.

Process Analyzer Market: Competitive Landscape

Key players in the process analyzers market are Siemens AG, ABB Ltd., Endress+Hauser AG, AMETEK Process Instruments, Emerson Electric Co., Suez SA, Applied Analytics, Inc., Thermo Fisher Scientific Inc., Mettler-Toledo International Inc., and Yokogawa Electric Corp.

A majority of leading players in the process analyzer market are moving to implementing organic growth strategies through the launch of innovative, tech-based products in the market. Introducing high-performance process analyzers with a considerably high speed of response with the integration of next-generation technological features is expected to emerge as a popular strategy among market players.

Furthermore, companies are also focusing on optimizing their manufacturing processes to make them cost-efficient, as a part of their approach to cope with the negative impact of COVID-19 pandemic on their operations.


Based on gas analyzers, the process analyzers market can be segmented as:

  • Oxygen Analyzer
  • Hydrogen Sulfide Analyzer
  • Carbon Dioxide Analyzer
  • Toxic Gas Analyzer
  • Moisture Analyzer

Based on liquid analyzers, the process analyzers market can be segmented as:

  • Conductivity Analyzer
  • pH/ORP Analyzer
  • Turbidity Analyzer
  • Liquid Density Analyzer
  • TOC Analyzer
  • Dissolved Oxygen Analyzer
  • MLSS Analyzer

Based on the range of instruments, the process analyzers market can be segmented as:

  • In-line process analyzers
  • At-line process analyzers
  • On-line process analyzers.

Based on end-use industries, the process analyzers market can be segmented as:

  • Petrochemicals
  • Oil & Gas
  • Metals & Mining
  • Pharmaceuticals
  • Power
  • Water & Wastewater
  • Cement & Glass
  • Paper & Pulp
  • Food & Beverages
  • Others (Iron & Steel, Semiconductor Processing)

Report Q&A

  • What was the market size in 2020?

According to our analysis, the global process analyzers market surpassed the valuation of US$ 6 billion in 2020. The study opines that the adoption of process analyzers in the pharmaceuticals industry has been majorly contributing to the growth of the market.

  • ​What is the forecasted growth rate during 2020-2030?

The process analyzers market is expected to witness healthy growth at a CAGR of around 4% during the forecast period of 2020 to 2030, and the market is likely to recover in the coming decade from the slump in sales caused due to the COVID-19 pandemic.

  • Which type of process analyzers will remain high in demand?

Adoption of oxygen analyzers has remained significantly high in various industrial applications for monitoring oxygen levels in various devices such as furnaces, incubators, and boilers. Our analysts opine that, along with oxygen analyzers, liquid analyzers are also expected to witness high demand in various pharmaceutical operations through the forecast period.

  • What are the key regional markets for process analyzers?

While the process analyzers market in the North American region is considerably profitable, the market in APAC is expected to register fastest growth in the coming decade. Rising speed of manufacturing operations in developing countries in the post-COVID period is expected to drive market growth in APAC.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?