Mercury Analyzer Market by Type (Cold Vapor Atomic Absorption, and Cold Vapor Atomic Fluorescence), End Use (Environmental Monitoring, Food, Oil, Gas, & Petrochemical, Healthcare), and Geography - Global Forecast to 2023
The mercury analyzer market size is projected to reach USD 315 million by 2023 from an estimation of USD 225 million in 2018, at a CAGR of 7.0%. The key factors driving this market include increasing environment protection regulations and active government participation and regulatory bodies to monitor environmental conditions. Furthermore, underlying opportunities in this space include increasing industrialization in emerging markets.
Based on type, cold vapor atomic absorption (CVAA) to hold the larger market share of mercury analyzer market
The CVAA being the traditional and most used method of mercury analysis is widely used across various industries, such as mining, cement, and food, for determining the total mercury content in a given sample. Owing to its ease of operation and widespread acceptance, the CVAA mercury analyzer is expected to lead the market during the forecast period. This technology is used for the qualitative and quantitative determination of heavy metals. Teledyne Leeman Labs (US), Mercury Instruments (Germany), and Lumex Instruments (Canada) are some of the companies that offer CVAA technology
The mercury analyzer market for environmental monitoring is expected to hold the largest shareholder of this market in coming years
The market for mercury analyzers used for environmental monitoring is expected to hold the largest market share market during the forecast period. Stringent environment monitoring regulations and norms pertaining to monitoring mercury emission worldwide are the major drivers of this market. Mercury analyzers are used in environmental monitoring applications for sampling air, water, and soil. There is a high requirement for environmental monitoring and testing of various contaminants, with a primary focus on reducing emissions and preventing humans and environment from toxic chemicals exposure.
APAC to account for the largest market size during the forecast period
Asia Pacific accounted for the largest share of the market in 2017. The market in APAC has been segmented into China, India, Japan, and Rest of APAC. Industrial transformation, Growth in awareness regarding environmental pollution and effects of mercury on health and sustainable transformation of environmental policies are some of the factors driving the growth of this market in the region. Food security standards are getting stringent year-on-year to ensure safer supply of food to individuals in local and foreign countries. Since China, India, and Australia are large exporters of food products to the developed countries of North America and Europe (which are cautious about the quality of products imported from APAC), the governments of these exporting countries have enforced various regulations for producers and regulators to maintain desired quality and standard of the food products.
Key Market Players
Teledyne Leeman Labs (US), Tekran (Canada), Thermo Fisher Scientifc (US), PerkinElmer (US), Milestone (US), Analytik Jena (Germany), Nippon Instruments (Japan), Hitachi High-Technologies (Japan), Mercury Instruments (Germany), and Lumex Instruments (Canada), Brooks Rand Instruments (US), Buck Scientific (US), LECO Corporation (US), Northern Arizona University (US), Hiranuma Sangyo (Japan) are a few major players in the mercury analyzer market.
Report Scope
|
Report Metric |
Details |
|
Market size available for years |
2018–2023 |
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Base year considered |
2017 |
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Forecast period |
2018–2023 |
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Forecast units |
Value, USD million/thousands |
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Segments covered |
Type, End use, and Region |
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Regions covered |
North America, Europe, APAC, and RoW |
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Companies covered |
Teledyne Leeman Labs (US), Tekran (Canada), Thermo Fisher Scientifc (US), PerkinElmer (US), Milestone (US), Analytik Jena (Germany), Nippon Instruments (Japan), Hitachi High-Technologies (Japan), Mercury Instruments (Germany), and Lumex Instruments (Canada), Brooks Rand Instruments (US), Buck Scientific (US), LECO Corporation (US), Northern Arizona University (US), Hiranuma Sangyo (Japan) are a few major players in the mercury analyzer market. |
Mercury analyzer market segmentation:
In this report, the market is segmented into the following categories:
market, by Type:
- Cold Vapor Atomic Absorption (CVAA)
- Cold Vapor Atomic Fluorescence (CVAF)
market, by End Use:
- Environmental Monitoring
- Food Industry
- Oil, Gas, and Petrochemical Industry
- Healthcare Industry
- Others (cosmetic industry, plastic industry, metal coating industry, and research laboratories)
market, by Region:
- North America
- Europe
- APAC
- RoW
Critical Questions the Report Answers:
- What are emerging application areas that are expected to adopt mercury analyzer?
- Which end-use application of in the market is growing at the highest rate?
- Which type of mercury analyzer is expected to penetrate significantly during the forecast period?
- What type of industry is the most opportunistic for mercury analyzer manufacturers in the coming years?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 14)
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 18)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for Research Study
3 Executive Summary (Page No. - 27)
4 Premium Insights (Page No. - 30)
4.1 Attractive Market Opportunities in the Market
4.2 Market, By Type, 2018 vs 2023 (USD Million)
4.3 Market in APAC, By End Use and By Country
4.4 Market, By Geography
5 Market Overview (Page No. - 34)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Environment Protection Regulations
5.2.1.2 Active Government Participation and Regulatory Bodies to Monitor Environmental Conditions
5.2.1.3 Increased Funding for Monitoring Environment Pollution and Control
5.2.1.4 Increasing Public Healthcare Awareness About Implications of Environmental Pollution
5.2.1.5 Rising Focus on High Quality Food Products
5.2.2 Restraints
5.2.2.1 High Cost Mass Spectrometry Systems for Mercury Analysis
5.2.2.2 High Export Barriers for Environmental Technologies in Emerging Markets
5.2.3 Opportunities
5.2.3.1 Increasing Industrialization in Emerging Markets
5.2.4 Challenges
5.2.4.1 Comply With Regulatory and Certified Authorities Guidelines
6 Market, By Type (Page No. - 43)
6.1 Introduction
6.2 Cold Vapor Atomic Absorption
6.3 Cold Vapor Atomic Fluorescence
7 Market, By End Use (Page No. - 52)
7.1 Introduction
7.2 Environmental Monitoring
7.2.1 Sample Types
7.2.1.1 Air
7.2.1.2 Water
7.2.1.3 Soil
7.3 Food Industry
7.4 Oil, Gas, and Petrochemical Industry
7.5 Healthcare Industry
7.6 Others
8 Geographic Analysis (Page No. - 65)
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 UK
8.3.4 Rest of Europe
8.4 APAC
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of APAC
8.5 Rest of the World (RoW)
8.5.1 Middle East and Africa
8.5.2 South America
9 Competitive Landscape (Page No. - 85)
9.1 Overview
9.2 Market Ranking Analysis: Mercury Analyzer, 2017
10 Company Profiles (Page No. - 88)
(Business Overview, Products Offered, SWOT Analysis, and MnM View)*
10.1 Key Players
10.1.1 Teledyne Leeman Labs
10.1.2 Tekran
10.1.3 Thermo Fisher Scientific
10.1.4 Perkinelmer
10.1.5 Milestone
10.1.6 Analytik Jena (A Subsidiary of Endress Hauser)
10.1.7 Nippon Instruments
10.1.8 Hitachi High-Technologies
10.1.9 Mercury Instruments
10.1.10 Lumex Instruments
10.2 Other Players
10.2.1 Brooks Rand Instruments
10.2.2 Buck Scientific
10.2.3 Leco Corporation
10.2.4 Northern Arizona University
10.2.5 Hiranuma Sangyo
*Details on Business Overview, Products Offered, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
11 Appendix (Page No. - 108)
11.1 Insights From Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
11.4 Introducing RT: Real-Time Market Intelligence
11.5 Available Customizations
11.6 Related Reports
11.7 Author Details
List of Tables (36 Tables)
Table 1 Environmental Regulations on Mercury and Other Heavy Metal and Toxic Gases, By Country
Table 2 Market, By Type, 2015–2023 (USD Million)
Table 3 Market for Cold Vapor Atomic Absorption, By End Use, 2015–2023 (USD Million)
Table 4 CVAA Mercury Analyzer Market for Environment Monitoring Applications, By Sample Type, 2015–2023 (USD Million)
Table 5 Market for Cold Vapor Atomic Absorption, By Region, 2015–2023 (USD Million)
Table 6 Market for Cold Vapor Atomic Fluorescence, By End Use, 2015–2023 (USD Million)
Table 7 CVAF Mercury Analyzer Market for Environment Monitoring Applications, By Sample Type, 2015–2023 (USD Million)
Table 8 Market for Cold Vapor Atomic Fluorescence, By Region, 2015–2023 (USD Million)
Table 9 Market, By End Use, 2015–2023 (USD Million)
Table 10 Market for Environmental Monitoring Applications, By Sample Type, 2015–2023 (USD Million)
Table 11 Environmental Monitoring Mercury Analyzer Market for Air Sampling, By Type, 2015–2023 (USD Million)
Table 12 Environmental Monitoring Market for Water Sampling, By Type, 2015–2023 (USD Million)
Table 13 Environmental Monitoring Mercury Analyzer Market for Soil Sampling, By Type, 2015–2023 (USD Million)
Table 14 Market for Environmental Monitoring Applications, By Region, 2015–2023 (USD Million)
Table 15 Market for Food Industry, By Type, 2015–2023 (USD Million)
Table 16 Market for Food Industry, By Region, 2015–2023 (USD Million)
Table 17 Market for Oil, Gas, and Petrochemical Industries, By Type, 2015–2023 (USD Million)
Table 18 Market for Oil, Gas, and Petrochemical Industries, By Region, 2015–2023 (USD Million)
Table 19 Market for Healthcare Industry, By Type, 2015–2023 (USD Million)
Table 20 Market for Healthcare Industry, By Region, 2015–2023 (USD Million)
Table 21 Market for Others, By Type, 2015–2023 (USD Million)
Table 22 Market for Others, By Region, 2015–2023 (USD Million)
Table 23 Market, By Region, 2015–2023 (USD Million)
Table 24 Market in North America, By Type, 2015–2023 (USD Million)
Table 25 Market in North America, By End Use, 2015–2023 (USD Million)
Table 26 Market in North America, By Country, 2015–2023 (USD Million)
Table 27 Market in Europe, By Type, 2015–2023 (USD Million)
Table 28 Market in Europe, By End Use, 2015–2023 (USD Million)
Table 29 Market in Europe, By Country, 2015–2023 (USD Million)
Table 30 Market in APAC, By Type, 2015–2023 (USD Million)
Table 31 Market in APAC, By End Use, 2015–2023 (USD Million)
Table 32 Market in APAC, By Country, 2015–2023 (USD Million)
Table 33 Market in RoW, By Type, 2015–2023 (USD Million)
Table 34 Market in RoW, By End Use, 2015–2023 (USD Million)
Table 35 Market in RoW, By Country, 2015–2023 (USD Million)
Table 36 Ranking of Top 5 Players in Market, 2017
List of Figures (34 Figures)
Figure 1 Market Segmentation
Figure 2 Process Flow: Market Size Estimation
Figure 3 Market: Research Design
Figure 4 Market: Bottom-Up Approach
Figure 5 Market Shipment Estimation Process
Figure 6 Market: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Market, By Type, 2018 vs 2023
Figure 9 Market, By End Use, 2018 vs 2023
Figure 10 APAC Held Largest Share in 2017 and Expected to Grow at Highest CAGR During Forecast Period
Figure 11 Stringent Regulations Toward Environment Monitoring and Mercury Emissions is the Key Factor Driving the Growth of the Market
Figure 12 Cold Vapor Atomic Absorption Expected to Hold Larger Size of Market for Type Between 2018 and 2023
Figure 13 Environmental Monitoring Held Largest Share of Market for End Uses in APAC in 2018
Figure 14 Market in China Expected to Grow at Highest CAGR During Forecast Period3
Figure 15 Rise in Demand for Environmental Protection and Stringent Environmental Regulations Drive Market Growth
Figure 16 Market, By Type
Figure 17 Cold Vapor Atomic Absorption to Hold Larger Size of Market During Forecast Period
Figure 18 Environmental Monitoring to Hold Largest Size of CVAA Mercury Analyzer Market During Forecast Period
Figure 19 APAC to Dominate CVAA Market During Forecast Period
Figure 20 Environment Monitoring to Dominate CVAF Market During Forecast Period
Figure 21 APAC to Dominate CVAF Mercury Analyzer Market During Forecast Period
Figure 22 Market, By End Use
Figure 23 Environmental Monitoring to Dominate Market During Forecast Period
Figure 24 Market Segmentation: By Geography
Figure 25 Geographic Snapshot: Market in APAC Expected to Grow at Highest CAGR During Forecast Period
Figure 26 Segmentation: North America
Figure 27 North America: Snapshot of Market
Figure 28 Europe: Snapshot of Market
Figure 29 APAC: Snapshot of Market
Figure 30 Regional Impact of Top Companies
Figure 31 Teledyne Analytical Instruments (Parent of Teledyne Leeman Labs: Company Snapshot
Figure 32 Thermo Fisher Scientific: Company Snapshot
Figure 33 Perkinelmer: Company Snapshot
Figure 34 Hitachi High-Technologies: Company Snapshot
The study involved 4 major activities in estimating the current size of the mercury analyzer market. Exhaustive secondary research was done to collect information on the market, the peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to in this research study include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, mercury analyzer-related journals, IEST publications; directories; and databases. The secondary data has been collected and analyzed to arrive at the overall market size estimations, which has been further validated by primary research.
Primary Research
In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information relevant to this report. Extensive primary research has been conducted after understanding and analyzing the mercury analyzer market through secondary research. Several primary interviews have been conducted with key opinion leaders from both demand- and supply-side vendors across 4 regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). RoW comprises Middle East and Africa. Approximately 25% of the primary interviews have been conducted with the demand side and 75% with the supply side. This primary data has been collected mainly through telephonic interviews, which accounted for 80% of the total primary interviews. Besides, questionnaires and emails were also used to collect the data.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were implemented to estimate and validate the total size of the mercury analyzer market. These methods were also used extensively to estimate the size of the markets based on various subsegments. The research methodology used to estimate the market size includes the following steps:
- The key players in the industry and markets have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides across different end-use applications.
Study Objectives
- To describe and forecast the mercury analyzer market, in terms of value, segmented on the basis of type, end use, and region
- To describe and forecast the market size with respect to 4 main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors such as drivers, restraints, opportunities, and challenges influencing the growth of the market
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders and provide a detailed competitive landscape of the market
- To strategically profile the key players in the market and comprehensively analyze their market ranking and core competencies2
- To analyze competitive developments such as product launches/developments, partnerships, expansions, and Research & Development (R&D) activities carried out by players in the mercury analyzer market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a company's specific needs. The following customization options are available for this report:
Regional Analysis
- Country-wise breakdown for different segments (By Type and Functionality) in North America, Europe, Asia Pacific, and RoW
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Mercury Analyzer Market
Continuous measurement of Mercury from coal-fired power plant flue gas emissions is getting mandatory. Over 90% of power plants in India are using our CEMs system for the measurement of CO,SO2,NOx, particulate matter parameters. Please suggest a reliable technique, make, model no. for the continuous measurement of Mercury. To measure - Elemental, Ionic & Total mercury, Measuring principle - Atomic absorption spectrometry Cold Vapor Atomic Fluorescence Automatic calibration facility.