GITNUX MARKETDATA REPORT 2024

Process Analyzer Industry Statistics

Overall, the Process Analyzer Industry is projected to experience steady growth in terms of market size and technological advancements in the near future.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

In this post, we will explore the latest statistics and trends in the Process Analyzer industry. From the global market size to regional market shares, end-use industries, and emerging segments, we delve into the key insights that shape this dynamic industry landscape. Let’s uncover the significant developments that are driving the growth and evolution of Process Analyzers worldwide.

Statistic 1

"The global Process Analyzer market size was US$4.81 billion in 2020."

Statistic 2

"North America accounted for the majority market share of 33% in Process Analyzer industry in 2020."

Statistic 3

"The gas-based process analyzer market is expected to hold a majority share of around 60% by 2024."

Statistic 4

"Inorganic segment from liquid analyzer market is expected to grow at a CAGR of 5% from 2016 to 2024."

Statistic 5

"Water and wastewater treatment is projected to remain the fastest growing end-use industry for process analyzers."

Statistic 6

"In 2019, ABB Ltd. held the largest market share of around 20.5% in the process analyzer industry."

Statistic 7

"The pharmaceuticals industry held the largest market share of around 27.7% in the process analyzer market in 2020."

Statistic 8

"The spectroscopy segment accounted for the largest share of 32.3% in the process analyzer market in 2020."

Statistic 9

"The conductivity segment from liquid analyzer market is anticipated to grow at over 4% during 2016-2024."

Statistic 10

"Standalone process analyzers hold about 70% of share in overall market."

Statistic 11

"The oil & gas sector was the major end-user industry for process analyzers , holding 24% of the market share in 2019."

Statistic 12

"Zirconia Analyzer category dominated the market, holding 34.5% share in 2020."

Statistic 13

"The process analyser market in India is projected to reach USD 405.8 million by 2023."

Statistic 14

"Liquid-based Process Analyzers witnessed the highest growth rate, reflecting a market share of 55% in 2020."

Statistic 15

"The North American Process Analyzer market size is expected to reach US$1.91 billion by 2026."

In summary, the global process analyzer industry is experiencing significant growth and evolution, with various segments showing promising prospects. North America currently leads the market share, with gas-based process analyzers expected to dominate by 2024. Notably, water and wastewater treatment and pharmaceuticals industries are driving demand, while spectroscopy and zirconia analyzers hold significant shares. With key players like ABB Ltd. and a focus on sectors like oil & gas, the market is poised for further expansion. The overall shift towards liquid-based analyzers and the anticipated growth of the India market signal a dynamic landscape ahead, with North America projected to continue its growth trajectory by 2026.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.