COVID-19 impact on the process analyzer market

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MarketsandMarkets Presents

COVID-19 impact on the process analyzer
market Process Analyzer Market With COVID-19
Impact, By Liquid Analyzer (MLSS, TOC, pH, Liquid
Density, Conductivity, Dissolved Oxygen), Gas
Analyzer (Oxygen, Carbon Dioxide, Moisture, Toxic
Gas, Hydrogen Sulfide), Industry and Region -
Global Forecast to 2025 https//www.marketsandmar
kets.com/Market-Reports/process-analyzers-market-1
48603279.html
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According to the new market research
report "Process Analyzer Market With COVID-19
Impact, By Liquid Analyzer (MLSS, TOC, pH, Liquid
Density, Conductivity, Dissolved Oxygen), Gas
Analyzer (Oxygen, Carbon Dioxide, Moisture, Toxic
Gas, Hydrogen Sulfide), Industry and Region
Global Forecast to 2025", published by
MarketsandMarkets, the Process Analyzer Market
is projected to grow from USD 6.8 billion in 2020
to USD 8.1 billion by 2025 it is expected to
grow at a CAGR of 3.5 from 2020 to 2025. The key
factors fueling the growth of the market include
rising demand for water and wastewater treatment,
increase use of process analyzer in drug safety,
and fiscal policy measures by regional financial
institutions to boost process analyzer market
during the COVID-19 crisis. Browse 180 market
data Tables and 41 Figures spread through 196
Pages and in-depth TOC on "Process Analyzer
Market With COVID-19 Impact - Global Forecast to
2025"
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TOC analyze to hold the largest size of the
liquid process analyzer market by 2025. Total
organic carbon (TOC) is a sum measure of the
concentration of all organic carbon atoms present
in a sample of water. TOC analyzers detect the
presence of all carbon-bearing molecules and
organic contaminants, regardless of the molecular
make-up. Organic molecules are introduced into
the water from the source water and purification
distribution system materials. Such analyzers
are essential measurement components in a host of
industries relying on the process control and
reporting of regulated organic discharge levels.
Industries often use TOC analysis to protect
vital systems from corrosion by monitoring the
raw water feedstock and process water
quality. Ask PDF Brochure https//www.marketsand
markets.com/pdfdownloadNew.asp?id148603279 The
oxygen analyzer is projected to account for the
largest size of the gas process
analyzer market by 2025. The oxygen analyzer
segment is expected to hold the largest market
share and record the highest CAGR during the
forecast period. There has been a significant
rise in the adoption of oxygen analyzers across
various process industries, especially
pharmaceutical and petrochemical, to determine
the amount of oxygen in boilers, incinerators,
and furnaces such analyzers provide fast and
accurate readings in high temperatures and
corrosive atmospheres.
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APAC projected to be the largest market for
a process analyzer from 2020 to 2025. The growth
of this market is driven by the flourishing
manufacturing industry with continuously changing
trends and ongoing advancements in automation
technologies. Companies seek improved process
analyzers and solutions for predictive alerts, as
well as for analyzing their systems to reduce
overall operational and maintenance costs. In
APAC, the deployment of process analyzers and
solutions is expected to increase rapidly during
the forecast period in China, India,
and Japan. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id148603279 The key players
operating in the process analyzer market include
ABB Ltd. (Switzerland), AMETEK Process
Instruments (US), Applied Analytics, Inc. (US),
EndressHauser AG (Switzerland), Emerson Electric
Co. (US), Suez (France), Mettler-Toledo
International Inc. (US), Siemens AG (Germany),
EndressHauser AG (Switzerland), Thermo Fisher
Scientific, Inc. (US), and Yokogawa Electric
Corp. (Japan).
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COVID-19 impact on the process analyzer
market COVID-19 has emerged as a global pandemic
that has spread across 215 countries worldwide
and disrupted various industries around the
world. The dynamics upon which various industries
used to operate are set to change drastically. As
the world continues to fight this crisis,
multiple industries continue to experience a
constant decline. COVID-19 has been spreading
across the world, starting from APAC, then moving
to Europe, and currently accelerating in North
America. COVID-19 has affected nearly all
continents however, the US, Russia, Brazil,
India, UK, Spain, Italy, and Germany have
experienced a sharp increase in diagnosed cases.
Globalization and interconnected economies of
most countries would be affected due to COVID-19.
Due to the imposition of lockdowns across
different countries, companies are facing severe
cash flow issues. Halting or slowing down of
manufacturing of process analyzers, as well as
disruptions in the supply chain logistics
globally owing to the outbreak of COVID-19, have
resulted in reduced demand for process analyzers.
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