1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Process Analyzer Market Trends 2018 – Growth Forecast Research 2024 : Global Market Insights, Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The flourishing industrial sector in Asia Pacific is encouraging the demand for high- performance automation solutions that will aid the process analyzer market growth. The booming manufacturing sector in countries including China, Japan and India will encourage the adoption of these systems. Growing electronics industry and advent of Industry 4.0 in several countries in Asia Pacific will further encourage the process analyzer market growth. The growing popularity of smart and connected factories in countries such as Singapore and India will also support the industry growth. Government initiatives such as National Mission for Clean Ganga in India and launch of around 8,000 water clean-up initiatives in China are driving the demand for advanced analyzers for water treatment.  Stringent government regulations pertaining to food and beverage production will compel the industries to use high-quality analyzers, thereby positively impacting the process analyzer market. The growing competition in the food and beverage sector is forcing companies to use high-quality solutions for regulating food quality to ensure customer satisfaction. These systems help in the continuous monitoring of food products, thereby certifying the quality of production. These systems are also being used by industries to ensure the quality of raw materials received. There is a demand for enhanced solutions for temperature monitoring in fridges and freezers. Regional Analysis of Process Analyzer Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Process Analyzer Market:  Technological advancements in the process analyzer market have led to the development of high-performance analyzers that enable a high speed of response. They are being incorporated with high-quality sensors to ensure high accuracy during operations. Robust analyzers that can withstand harsh industrial environments and high temperatures are being manufactured. The growing need for efficient and fast analysis in industries to improve the productivity will boost the process analyzer market growth. Moreover, developments in the electronics and communication sectors are facilitating real-time data transmission, thereby enabling enhanced process control. Rising raw material and energy costs are stressing the need for efficient control and automation, thereby supporting the process analyzer market.  The high installation and maintenance costs of these systems are restricting their adoption in industries that have budgetary constraints hindering the process analyzer market growth. These systems comprise high-quality sensors and hardware components that increase the overall cost of the system. Moreover, the complicated installation of the system and the lack of availability of skilled technicians in developing regions will also impact the process analyzer market growth. However, several government initiatives supporting industrialization and automation coupled with the reducing electronics hardware costs in countries including China will aid in the industry growth.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The key players operating in the process analyzer market are ABB Ltd., Modcon Systems Ltd., Emerson Electric Co., Yokogawa Electric Corporation, Siemens AG, Honeywell International, Inc., Endress+Hauser AG, Teledyne Technologies, Inc., Thermo Fisher Scientific, Inc., and Mettler-Toledo International, Inc. Companies are launching advanced solutions to cater to specific industry demands.  The industry is characterized by increasing R&D efforts from major players. The increasing demand for optimizing the manufacturing process is compelling companies to incorporate the latest technologies in these analyzers. Increasing competitiveness among major players to offer solutions catering to a wide range of industries will aid in the process analyzer market growth. Competitive Market Share of Process Analyzer Market:

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