$2.8 Billion Worldwide Process Analytical Instruments Industry to 2027 - Impact of COVID-19 on the Market
Feb 12, 2021, 11:30 ET
DUBLIN, Feb. 12, 2021 /PRNewswire/ -- The "Process Analytical Instruments - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 6th edition of our report. The 104-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Process Analytical Instruments Market to Reach $3.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Process Analytical Instruments estimated at US$2.8 Billion in the year 2020, is projected to reach a revised size of US$3.7 Billion by 2027, growing at a CAGR of 4.3% over the period 2020-2027.
The U.S. Market is Estimated at $820.3 Million, While China is Forecast to Grow at 4.1% CAGR
The Process Analytical Instruments market in the U.S. is estimated at US$820.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$663 Million by the year 2027 trailing a CAGR of 4.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Competitors identified in this market include, among others:
- ABB Group
- Agilent Technologies, Inc.
- Emerson Electric Co.
- Galvanic Applied Sciences, Inc.
- Hach Company
- JEOL Ltd.
- Nova Analytical Systems, Inc.
- PerkinElmer, Inc.
- Shimadzu Corporation
- Siemens AG
- Thermo Fisher Scientific, Inc.
- Varian Medical Systems, Inc.
- Waters Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Process Analytical Instrument Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/er3ogb
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