Silica Analyzer Market

Silica Analyzer Market worth 139.6 million USD by 2023

According to the latest market research report "Silica Analyzer Market by Type (Equipment and Consumables), Industry (Power Generation (Utility, Captive/IPP), Semiconductor), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023", The silica analyzer market is estimated to grow from USD 106.1 million in 2018 to USD 139.6 million by 2023, at a CAGR of 5.66% between 2018 and 2023.

Browse 35 market data Tables and 32 Figures spread through 92 Pages and in-depth TOC on "Silica Analyzer Market - Global Forecast to 2023"
https://www.marketsandmarkets.com/Market-Reports/silica-analyzer-market-114558886.html
Early buyers will receive 10% customization on reports.

The key driving factor for the growth of the silica analyzer market is the significance of accurate silica measurement in steam/water cycle for optimizing power plant efficiency. Among many potential impurities in the steam cycle, silica plays a vital role because the solubility of silica in steam directly depends on the density and temperature of the steam. Any minor deviation of silica concentration on a power plant can have serious and expensive consequences in relation to performance, reliability, efficiency, and safety; hence, it is very much necessary to monitor this parameter closely.

Consumables are expected to hold larger market share during 2018–2023

Consumables are the reagents used in the analysis of silica. A 2-liter bottle of reagents can last for 45 to 60 days, depending on the frequency of the usage. Consumables need to be replaced and/or refilled frequently. The cost of consumables can exceed USD 2,500 per silica analyzer per year. Hence, this segment is expected to hold the larger market share during 2018–2023.

Power generation industry is expected to grow at highest CAGR owing to extensive use in silica analysis of water in boiler in steam generation

Silica analyzers are commonly used to monitor the silica content in the water that is used in the boiler for steam generation in power plants. Monitoring silica in water helps in avoiding the scaling on turbines, thereby increasing the thermal efficiency of power plants.

APAC is expected to hold largest market size, in terms of value, owing to increasing industrialization and energy demand and easy availability of the coal making it preferred fuel for electricity generation

Coal is readily available in countries such as China and India where the energy demand is ever-increasing. Coal is the preferred source of electricity generation in thermal power plants. China and India are the major countries in APAC that have significant coal-fired power plants. This drives the market for silica analyzers in APAC.

Hach (US), ABB (Switzerland), Thermo Fisher Scientific (US), Mettler Toledo (Switzerland), HORIBA (Japan), NIKKISO (Japan), Swan Analytical Instruments (Switzerland), SPX Flow (US), DKK TOA (Japan), Waltron Group (US), Dr.Thiedig(Germany), Electro-Chemical Devices (US), Shanghai Boqu Instrument (China), KNTEC (South Korea), HKY Technology (China), and Omicron Sensing (US) are a few  major companies in this market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
SE 6379
Published ON
Jun, 2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Silica Analyzer Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Marie Steelle

Senior Research analyst- MarketsandMarkets

Home