Printer Friendly
The Free Library
19,111,409 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ON-LINE ANALYZER MARKET TO GROW AT 6% RATE, SPURRED BY WORLDWIDE COMPETITION, ENVIRONMENTAL STRICTURES, NEW TECHNOLOGIES.


MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Driven by worldwide concern for product quality and process efficiency in the face of intensified in·ten·si·fy  
v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies

v.tr.
1. To make intense or more intense:
 global competition, the worldwide on-line analyzer market will grow from $880 million in 1993 to $1.34 billion by the year 2000 at a 6 percent compound annual rate, projects a new study just released by Frost & Sullivan.

Some 35 percent of 1993 revenues were derived from liquid analyzers, 20 percent spectrometers, 19 percent gas analyzers and 16 percent chromatographs, says the report, WORLD ANALYTICAL INSTRUMENTS AND PROCESS CONTROL MARKETS: SMALLER AND SMARTER ON-LINE PROCESS ANALYZERS DRIVE GROWTH.

The technology is shifting to smaller analyzers with sophisticated data presentation, display technology and diagnostic routines. Emphasis on more microprocessor control in smaller analyzers has brought faster response times and lower detection limits. Communication links between sensing technology and control units are shifting to fiber optic and digital systems.

Manufacturers are seeking new analyzer applications through modification of current technologies. Development of solid- state electrodes Electrodes
Tiny wires in adhesive pads that are applied to the body for ECG measurement.

Mentioned in: Electrocardiography
 in pH analyzers has increased application of such analyzers to food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods.  processing. Other examples of analyzers whose range of end-users is expanding include particle size Particle size, also called grain size, refers to the diameter of individual grains of sediment, or the lithified particles in clastic rocks. The term may also be applied to other granular materials.  analyzers, gamma neutron activation Neutron activation is the process in which neutron radiation induces radioactivity in materials, and occurs when nuclei capture free neutrons, becoming heavier and entering excited states.  analyzers and mass spectrometers. Proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous

pro·lif·er·a·tion
n.
 of environmental regulations, including the U.S. Clean Air Act amendments, Japanese laws Japanese law

Law as it has developed in Japan as a consequence of the combination of two cultural and legal traditions, one indigenous Japanese, the other Western. In the 8th century Japan borrowed and adapted the legal system of the Chinese Tang dynasty.
 regulating carbon oxides Oxides of carbon include:
  • Carbon monoxide
  • Carbon dioxide
  • Carbon trioxide
  • Carbon suboxide
  • Mellitic anhydride
 and multi- national European environmental treaties, will be another major support for this market.

The strongest growth will come from the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region.  and other regions outside the U.S. and Europe as many of these nations move rapidly toward process control.

Major analyzer end-user industries include oil refining, petrochemicals and chemicals, pharmaceuticals, utilities, pulp and paper, food and beverage, mining, concrete and semiconductor manufacture.

More than 70 companies compete in the highly competitive, fragmented process analytic instrumentation market. Strong research and development coupled with competitive service and price will continue to be central to market success.

Analytical instruments used in process control, known as on- line analyzers A device that monitors the transmission of a communications line. , are rugged instruments typically operating round- the- clock to monitor process streams, used in both process industries and environmental control applications.

Laboratory and research instruments are not included in the market forecast in this study, which is limited to analytical instrumentation used in on-line applications. The study also covers only the merchant, non-"captive" market, of production for sale outside the producing firm.

Frost & Sullivan is an international high-technology research firm. All Frost & Sullivan reports are based on extensive interviews with marketing and technical experts from selected companies in each market segment. Primary research is validated by thorough analysis of available secondary research. Frost & Sullivan is the leading publisher worldwide of high-technology research reports.

Report: 982-12 Publication Date: 1994 Price: $1995

Total Process Control Analyzers Market:

Unit Shipment and Revenue Forecasts (World),

1990-20003-1 Total Process Control Analyzers Market:

Unit Shipment and Revenue Forecasts (World),

1990-2000gures

Revenue

Units RevenuesGrowth Rate

Year (000)($ Million) (%)

1990 167.6 814.2 ---

1991 170.1 830.5 2.0

1992 173.1 851.9 2.6

1993 176.6 880.3 3.3

1994 180.6 917.2 4.2

1995 185.3 964.7 5.2

1996 190.9 1,023.8 6.1

1997 197.1 1,094.6 6.9

1998 203.4 1,173.8 7.2

1999 209.8 1,256.0 7.0

2000 216.1 1,338.6 6.6

Compound Annual Growth Rate (1993-2000): 6.2%

Note: All figures are rounded. Source: Frost & Sullivan

CONTACT: For further information please contact:

Amy Arnell Kristina Menzefricke Nadge Keryhuel

Mountain View London Paris

(415) 961-9000 44 171 730 3438 33 1 4742 9127

(415) 961-5042(fax) 44 171 730 3343 33 1 4742 9129

REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

80
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 30, 1995
Words:617
Previous Article:DIAGNOSTIC IMAGING MARKET TO GROW AT 9% RATE, TOP $20 BILLION BY 2000, LED BY CONTRAST MEDIA, NEW MODALITIES.
Next Article:TECHNOLOGY DRIVES GROWTH IN HOSPITAL ANAESTHESIOLOGY MARKET.
Topics:



Related Articles
Novitron International acquires remaining equity in NovaChem.
Novitron International reports year end results.
Computer protection: the market is the toughest regulator of all.
Phony Deregulation.
COMPUSERVE TO LEAVE INTERNET CENSORSHIP TO INDIVIDUAL USER.
Analytical instrumentation. (Literature: instruments).
Is Microsoft's victory a win for consumers? (First in/First out).
New products on the web!
IHEs step up conservation efforts.
Environmental policies seen as mainstream.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles