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Process Analyzer Market - Market Leader
Process analyzers are instruments that can perform elemental analysis on process streams in real-time. In the late 1930s, Dr. Karl Luft introduced the Non-Dispersive Infrared (NDIR) analyzer for process gas streams. Since then, several companies contributed for the development and advancement of process analyzer technology, especially for the industries like chemicals and refineries. Process analyzers were adopted for their detection and measurement capabilities and utilized for the purposes of process optimization, product quality improvement, emissions control, and for safety reasons.
ABB Ltd. (Switzerland), a prominent player in power and automation industry, is one of the leading companies in the process analyzer industry. The company’s process automation division offers control systems, turbocharging, and measurement products. ABB has been developing, manufacturing, and installing at-line and on-line process analyzers as a part of its measurement products’ portfolio. The company follows organic as well as inorganic growth strategies for expansion. It recently acquired Los Gatos Research (U.S.) to add a product line of high-performance gas analyzers to its portfolio. This will benefit ABB in achieving further advancement and growth in this industry.
Emerson Process Management (U.S.), a leading provider of automation technologies, is a major player in the process analyzer market. It offers a complete range of analytical solutions to maximize the performance, productivity, and profitability of its customers. The portfolio includes liquid analyzers to study the water chemistry and water quality monitoring, combustion gas analyzers, process gas analyzers, and Contiguous Emission Monitoring System (CEMS). The acquisition of Rosemount Analytical (U.S.) boosted the analytical measurement capabilities of Emerson process management. Since then, the company has focused on developing new products through sustained research, and making strategic acquisitions for enhancing the analytical products’ portfolio. Its strong geographic presence makes it well positioned to take advantage of the current trends in this industry.
Process Analyzer Market by Segments (Gas Analyzers, Liquid Analyzers) , Types (Electrochemical, Infrared, Paramagnetic, Zirconia, MOS, Laser, Catalytic, PID, Conductivity, Dissolved Oxygen, Turbidity, Titro, and TOC) & Geography - Global Trends & Forecast to 2020
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