The global liquid analytical instrument market size is expected to reach USD 606.2 million by 2025, according to a new study conducted by Grand View Research, Inc., registering a 5.5% CAGR during the forecast period. Increasing demand for liquid analytical instruments in food and beverage processing units for control and measurement of chemical composition of fluids is expected to drive the market.
Liquid
analytical instruments are largely used in industrial manufacturing processes
as they provide bias-free outcomes and rapid and accurate measurements.
Increasing adoption of automated liquid analytical instruments in the
pharmaceutical industry helps decrease human interferences and enable effective
data control and monitoring. This is further anticipated to propel market
growth over the forecast period.
Rapid
and extensive development of the biotechnology industry, coupled with high
adoption rate of precise analytical instruments, is expected to drive the
market through 2025. Emergence of advanced technologies such as high-frequency
liquid analysis and stream selection technology is further expected to fuel
market growth.
Increasing
demand for liquid analytical instruments for real-time data monitoring in
end-use industries such as water treatment to enhance overall process
efficiency is further contributing to market growth. Moreover, focus on
protecting the environment and stringent environmental policies has propelled
the adoption of liquid analytical instruments in various end-use industries
such as chemicals, pharmaceuticals, and healthcare and biotechnology.
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Further key
findings from the report suggest:
- By
instrument, infrared analyzers are expected to emerge as the fastest-growing
instrument segment, registering a CAGR of over 6.5% over the forecast
period. This can be attributed to benefits such as high-speed measurements
and non-destructive analysis
- Liquid
analytical instruments are widely adopted in wastewater management applications
as a result of increased demand for real-time data monitoring and growing
awareness about environmental protection measures across the world
- Liquid
analytical instruments are widely used in the food and beverage industry
to analyze liquid levels in non-alcoholic beverages, alcoholic drinks, and
infusion beverages among others
- North America
is expected to retain its dominance in the market over the forecast period
and is anticipated to reach USD 189.6 million by 2025. Market growth is
fueled by increasing adoption of liquid analyzers in water management and
biotechnology industries, in addition to stringent government regulations
about environmental protection
- Key industry
participants include Honeywell International Inc.; Yokogawa Electric
Corporation; ABB Ltd.; and Emerson Electric Co.
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Grand View Research has
segmented the global liquid analytical instrument market on the basis of
instrument, application, end use, and region:
Liquid Analytical
Instrument Outlook (Volume, Thousand Units; Revenue, USD Million, 2014 - 2025)
- Conductivity & Resistivity Analyzers
- Infrared Analyzers
- Oxygen Analyzers
- pH/ORP Analyzers
- Turbidity Analyzers
- Others
Liquid Analytical
Instrument Application Outlook (Volume, Thousand Units; Revenue, USD Million,
2014 - 2025)
- Liquid Chemistry Monitoring
- Drug Discovery
- Wastewater Management
- Water Purification
- Others
Liquid Analytical
Instrument End-use Outlook (Volume, Thousand Units; Revenue, USD Million, 2014
- 2025)
- Chemicals
- Energy
- Food & Beverage
- Healthcare & Biotechnology
- Oil & Gas
- Pharmaceuticals
- Others
Liquid Analytical
Instrument Regional Outlook (Volume, Thousand Units; Revenue, USD Million, 2014
- 2025)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Colombia
- Middle East & Africa
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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