TechNavio recognizes the following companies as the key players in the Global Liquid Analytical Instrument Market: ABB Ltd., Emerson Electric Co., Endress+Hauser Management AG, Invensys plc, and GE Co.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”With the increasing benefits of real-time data acquisition, the market is witnessing an evolution as suppliers move the liquid analytical instrument technology from the laboratory environment to the process environment. This trend is expected to increase the adoption of liquid analytical instruments in process industries. The use of liquid analytical instruments in the industrial manufacturing process results in precise and fast measurements, reduces unnecessary environmental impacts, decreases human error, and enables easy monitoring and control. Thus, the use of liquid analytical instruments in the process environment is expected to encourage increased adoption during the forecast period.”
According to the report, one of the major drivers in this market is the increasing need for real-time data acquisition. The analysis of information for measurements such as pH/ORP, chlorine/chloride, and conductivity/resistivity needs to be carried out during the industrial manufacturing process to avoid delays in the process time. End-users are increasingly using liquid analytical instruments because of their online data measurement ability.
Further, the report states that one of the major challenges in this market is the premium price of the analytical instruments.
The report also includes a discussion of the other vendors operating in this market, such as Danaher Corp, Honeywell International Inc., Mettler Toledo International Inc. and Yokogawa Electric Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-liquid-analytical-instrument-mar…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering
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TechNavio Announces the Publication of its Research Report – Global Liquid Analytical Instrument Market 2012-2016
