Process Analytical Instruments Market – Technavio Presents Global Industry Report
By Business Wire News
By Business Wire News
Technavio has published a new report on the global process analytical instruments market,which is expected to grow at a CAGR of more than 4% from 2015-2019.
Process analytical instruments market segmentation including product, end-user, and geography
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different products, including chromatographs, spectrophotometers, liquid analysers, and gas analysers.
Additionally, analysts have segmented market projections by key geography, and also by end-user, focusing on chemical and petrochemical, oil and gas, pharmaceutical and biotechnology, water and wastewater, and others.
“Oil and gas companies find it difficult to transfer information about various processes in difficult terrains, and require a single command center for controlling and monitoring all the fields. These concerns have led to the development of smart oil and gas fields that enable the integration and real-time information sharing, monitoring, and control of various oil and gas fields,” says Faisal Ghaus, Vice President of Technavio.
Process analytical instruments: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global process analytical instruments market from 2015-2019. The total revenue of the global process analytical instrumentation market is calculated based on the sales of process analytical instruments worldwide.
Industry analysis includes:
- Key Vendors:
- Agilent Technologies
- Market Growth Drivers:
- Increase in oil and gas exploration activities
- Upgrading of existing systems
- Market Challenges:
- Drop in oil and gas prices
- Adverse economic conditions
- Market Trends:
- Growing smart oil and gas fields
- Increased adoption of multicolumn chromatography
View the global process analytical instruments market report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the analytical instruments market:
- Global Laboratory Analytical Instrumentation Market – Industry Analysis 2015-2019
- Global Liquid Analytical Instrument Market 2015-2019
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