Agilent Technologies, Inc. (US) and Waters Corporation (US) are the Leading Player in the Autosamplers Market
The global autosamplers market is expected to register a CAGR of 7.6% between 2017 and 2022. The factors driving the growth of this market include the advantages of autosamplers over manual injection systems, growing importance of chromatography systems in drug approval procedure, increasing production of crude and shale oil, and growing food safety concerns.
Analysis of the market developments between 2014 and 2017 revealed that several growth strategies such as product launches, strategic acquisitions, agreements, contracts, partnerships, collaborations, and market expansions are adopted by the market players to strengthen their product portfolios and maintain a competitive position in the autosamplers market. Among these business strategies, product launches, geographic expansions, and partnerships & agreements with other companies, were the most widely adopted growth strategies by players to strengthen their product portfolios and to remain competitive in the market.
Agilent Technologies, Inc. (US) is a leader in the autosamplers market. The company’s key strengths lie in its widespread geographic presence across the Americas, Europe, the Middle East, Asia Pacific, and Africa. Its manufacturing and R&D facilities for the life sciences & chemical analysis business segment are located in Singapore, Malaysia, Germany, Poland, the UK, and the US. In addition, the company has about 37 subsidiaries across the globe. Agilent Technologies intend to expand its presence in the emerging nations to accelerate its growth in the market.
The company primarily focuses on business strategies such as product launches, geographic expansions, and agreements. In 2015, Agilent entered into an agreement with Thermo Fischer Scientific and Waters Corporation to exchange instrument-control driver documentation and software. In 2016, the company opened a new facility including laboratory, order fulfillment, and warehousing space in California (US).
Waters Corporation (US) held the second position in the autosamplers market in 2016. The company offers a broad range of analytical system solutions, software, and services for scientists. The company’s products are used in the pharmaceutical, industrial, and life science processes such as drug discovery and development, clinical trial testing, nutritional safety analysis, and environmental testing. To ensure a consistent supply of its instruments in emerging markets in the Asian region, the company has outsourced the manufacturing of certain LC instrument systems and components to well-established CMOs in Singapore.
The company’s high share in the autosamplers market can be attributed to its long-term presence in the market, strong position in chromatography instruments, operations in over 27 countries, strong sales force, and its strong presence in the UHPLC market. In 2015, the company opened its new subsidiary in Malaysia.
Related Reports:
Autosamplers Market by Product (Systems (Liquid Chromatography, GC (Liquid, Headspace, All-in-one)), Accessories (Syringe & Needle, Vial, Septum) & Enduser (Pharmaceutical companies, Oil & Gas, Food & Beverage, Environment testing) - Global Forecasts to 2022
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