Process Spectroscopy Market worth 22.04 Billion USD by 2020

The process analyzers, gas chromatography, and process spectroscopy markets for the food & beverages industry are estimated to grow at the highest rate during the forecast period. This growth can be attributed to the increasing adoption of gas chromatography and process spectroscopy techniques to determine key ingredients in the different phases of the food and beverages manufacturing cycle. 

The global process analyzers (liquid & gas) market is expected to grow from USD 3.57 Billion in 2014 to USD 4.98 Billion by 2020, at a CAGR of 5.50% between 2015 and 2020. 

The market is majorly driven by the increase in the shale gas production in the U.S. and growing demand for water & wastewater treatment. In addition, increasing usage of process liquid and gas analyzers in the emerging markets such as China and India and the rising adoption of spectroscopy instruments in the applied markets provide significant growth opportunities for the global process analyzers (liquid & gas).

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The food & beverages industry requires real-time measurement of various unwanted by-products, which are required for the quality and safety of food products. Therefore, these techniques provide monitoring tools for supplier validation, process optimization, and final product testing in reduced costs and improved quality.

The process analyzers (liquid & gas), gas chromatography, and process spectroscopy markets in the Americas held the largest size of the global process analyzers market; however, the markets in APAC are expected to exhibit the highest growth rate during the forecast period. The major factors driving the growth of these markets include huge investments by the major players in the process industries such as pharmaceutical, food & beverages, petrochemical, water & wastewater, and oil & gas among others.

The major players in the global process analyzers (liquid & gas), gas chromatography, and process spectroscopy markets are ABB Ltd. (Switzerland), AMETEK Process Instruments (U.S.), Applied Analytics, Inc. (U.S.), Endress+Hauser AG (Switzerland), The Emerson Electric Company (U.S.), GE Analytical Instruments (U.S.), Mettler-Toledo International Inc. (U.S.), PAC L.P. (U.S.), Siemens AG (Germany), Thermo Fisher Scientific, Inc. (U.S.), and Yokogawa Electric Corp. (Japan), among others.

Scope of the Report:

This report categorizes the global process analyzers, gas chromatographs, and process spectroscopy markets on the basis of component, type, industry, and geography.

By Component:

• Hardware
• Software

By Liquid Analyzers:

• Type
• Industry
• Geography

By Gas Analyzers:

• Type
• Industry
• Geography

By Gas Chromatographs:

• Type
• Industry
• Geography

By Process Spectroscopy:

• Type
• Industry
• Geography

By Industry:

• Oil & Gas
• Petrochemical
• Pharmaceutical
• Petrochemical
• Water & Wastewater
• Thermal Power
• Food & Beverages
• Pulp & Paper
• Metal & Mining
• Cement & Glass
• Others

Browse 82 market data Tables and 121 Figures spread through 208 Pages and in-depth TOC on "Process Spectroscopy Market - Global Forecast to 2020"

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The scope of the report covers detailed information regarding the major factors influencing the growth of the process analyzers (liquid & gas), gas chromatography, and process spectroscopy markets such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the markets.

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Thermal Management Market worth 14.24 Billion USD by 2022

According to the new market research report "Thermal Management Market by Material Type (Adhesive, Non-Adhesive), Devices (Conduction, Convection, Advanced, Hybrid), Service (Installation & Calibration, Optimization & Post Sales), End-Use Application - Global Forecast to 2022", the thermal management market is expected to be worth USD 14.24 Billion by 2022, growing at a CAGR of 7.91% between 2017 and 2022. The factors driving the growth of this market include rising demand for thermal management in consumer electronics, growing application arena, and radical miniaturization of electronic devices.

Browse 65 market data tables and 41 figures spread through 168 pages and in-depth TOC on "Thermal Management Market - Global Forecast to 2022"

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Convection cooling devices was the largest segment in terms of market size in 2016

Convection cooling devices are widely used in electronic circuits and printed circuit boards (PCBs). This has resulted in the growth of thermal management device market. Thus, these devices help lower the peak temperature of the systems with natural and forced convection cooling technologies. Devices such as loop heat pipes, heat pumps, heat sinks, and heat spreaders are used in providing effective cooling solutions in processors and computers, among others. Thus, the demand to maintain high efficiency of the electronic devices is expected to fuel the growth of the thermal management market.

Thermal management market for thermal tapes expected to grow at highest CAGR during the forecast period

Thermally adhesive tapes are used to mechanically and thermally bond electronic components to heat sinks.  These tapes consist of a pressure-sensitive adhesive (PSA) film that is filled with thermally conductive materials such as metals, metal oxides, polyimide film, fiberglass mat, aluminium foil, and silica or ceramic particles. These particles allow thermal conduction through the tape. Thermal tapes are widely used for thermal management of the light emitting diodes (LEDs) in the automotive industry as they provide high mechanical strength, and good shock and vibration performance. The increasing use of tapes in consumer electronics and automotive applications is driving the overall market for adhesive materials.

The market in North America expected to grow at the highest CAGR during forecast period

North America is expected to hold the largest share of thermal management market by 2022, and it holds a tremendous potential for the market in the coming future due to its large investment in healthcare applications, increasing use of electric and hybrid vehicles, and growing data centers across the region. The market in North America consists of some of the leading markets such as the US, Canada, and Mexico.

Major players in this market include Honeywell International Inc. (US), Aavid Thermalloy LLC (US), Vertiv Co (US), European Thermodynamics Ltd (UK), Master Bond Inc.(US), Laird PLC (UK), Henkel AG & Company, KGaA (Germany), Delta Electronics, Inc. (Taiwan), Advanced Cooling Technologies, Inc. (US), Dau Thermal Solutions Inc. (US), Amerasia International (AI) Technology Inc.(US), Heatex Ab (Sweden), Lord Corporation (US), and Parker Chomerics (US).

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 5000 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, "RT" 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.

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