- The key vendors in the Global Process Analyzer Market 2014-2018 are ABB, Endress+Hauser, Emerson and Yokogawa Electric Corporation.
London, 24 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Process Analyzer Market 2014-2018. One of the major trends is the increased number of M&A. As the market is highly fragmented with the presence of many international and local vendors, there is intense competition. Therefore, major players in the market are trying to increase their shares by using the acquisitive method.
Process analyzers are engineering precision equipment used for incessant monitoring of parameters such as gas and liquid content during the manufacturing process. These are widely used to analyze and identify the physical, chemical, molecular, and elemental properties of a sample. These instruments are used mainly by several end-user industries such as Chemical and Petrochemical, Oil and Gas, and Pharmaceutical and Biotechnology.
“Vendors are in the process of developing innovative, portable, battery-operated, lightweight, ruggedized, and easy-to-use instruments that can be easily used in any kind of industry,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
