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Process Analyzer Market size is set to grow by USD 2.07 billion from 2024-2028, Capacity additions in major end-user industries boost the market, Technavio

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NEW YORK, Aug. 5, 2024 /PRNewswire/ — The global process analyzer market size is estimated to grow by USD 2.07 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.5% during the forecast period. Capacity additions in major end-user industries is driving market growth, with a trend towards vendors introducing portable process analyzers. However, low adoption by small-scale industrial facilities in developing countries poses a challenge. Key market players include ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Aneolia SARL, Bruker Corp., Danaher Corp., Emerson Electric Co., Endress Hauser Group Services AG, Honeywell International Inc., KROHNE Messtechnik GmbH, Metrohm AG, Mettler Toledo International Inc., Modcon Systems Ltd., Perkin Elmer Inc., Schneider Electric SE, Siemens AG, Spectris Plc, Teledyne Analytical Instruments, Testo SE and Co. KGaA, Thermo Fisher Scientific Inc., and Yokogawa Electric Corp..

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Process Analyzer Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.5%

Market growth 2024-2028

USD 2077.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.23

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 51%

Key countries

China, US, Japan, Germany, and UK

Key companies profiled

ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Aneolia SARL, Bruker Corp., Danaher Corp., Emerson Electric Co., Endress Hauser Group Services AG, Honeywell International Inc., KROHNE Messtechnik GmbH, Metrohm AG, Mettler Toledo International Inc., Modcon Systems Ltd., Perkin Elmer Inc., Schneider Electric SE, Siemens AG, Spectris Plc, Teledyne Analytical Instruments, Testo SE and Co. KGaA, Thermo Fisher Scientific Inc., and Yokogawa Electric Corp.

Market Driver

Process analyzers, specifically combustion or emission analyzers, are becoming increasingly portable, with vendors investing in developing software for portable devices. For instance, TECsoft, a testing and emission compliance software from Testo SE & Co. KGaA, enhances the capabilities of the testo 350 portable emission analyzer. Portable analyzers enable on-site sample analysis, reducing the risk of foreign elements introduction and human negligence. Vendors plan to launch more portable analyzers by 2026, offering cost savings as they eliminate the need for specialized equipment and laboratory transportation. Portable analyzers are expected to become more prevalent due to their convenience, accuracy, and cost benefits. 

The Process Analyzer Market is experiencing significant growth in various industries, particularly in drug development and bioprocessing for pharmaceutical manufacturing. Analytical instruments play a crucial role in research and development, ensuring quality and compliance with environmental regulations. Freshwater availability and climatic changes are driving the need for innovative solutions in water supply, rainwater harvesting, and wastewater treatment. Gas analyzers are essential for monitoring pollutant levels and maintaining safe drinking water. Reliability, accuracy, and process measurements are key features sought after by laboratories and industries. Protected cabinets, cooling capabilities, power efficiency, and low power consumption are important considerations for installation. Compliance with environmental regulations and emissions standards is a priority. Temperature, pressure, flow rates, and chemical composition are essential process measurements. Process enhancement and safety are crucial for handling hazardous substances. Documentation and reporting are also important for regulatory compliance. 

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Market Challenges

Large industrial facilities are the primary consumers of process analyzers due to the stringent quality requirements and service level agreements (SLAs) with their customers. For instance, a sugar manufacturer selling to processed food giants like Nestle S.A. Or Mondelez International must adhere to specific sugar standards. To ensure consistent chemical composition and physical properties, these manufacturers use process analyzers. Regulatory oversight is more intensive for large-scale industries, particularly in developing countries, due to limited regulatory resources. As a result, they install process analyzers to avoid regulatory action or closure. In contrast, small-scale industries in developing countries, which make up a significant portion of industrial facilities, often operate without process analyzers. For example, wastewater treatment plants in these industries may be inoperable. The low adoption of process analyzers among small-scale industries could hinder the growth of the global process analyzer market during the forecast period.The Process Analyzer Market faces several challenges in various industries. Environmental regulations require constant monitoring of pollutant levels, temperature, pressure, and flow rates to prevent water pollution and protect ecosystems and public health. Energy efficiency initiatives and process enhancement call for real-time analysis of chemical composition and calibration of sensors in remote areas. Safety and hazardous substance handling demand reliable analyzer technology and remote monitoring. Documentation, reporting, and transparency are essential for regulatory compliance and accountability. Process control, maintenance, troubleshooting, and malfunctions impact operational costs. Analyzer technology includes oxygen analyzers for combustion processes, flammable gas detection, environmental monitoring, and liquid analyzers for pharmaceutical products. Remote monitoring and calibration, sensor placement, and troubleshooting are crucial for optimal performance.

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Segment Overview 

This process analyzer market report extensively covers market segmentation by

End-user 1.1 Oil and gas1.2 Chemical and petrochemical1.3 Healthcare1.4 Water and wastewater treatment1.5 OthersGeography 2.1 APAC2.2 North America2.3 Europe2.4 Middle East and Africa2.5 South America

1.1 Oil and gas- Process analyzers play a crucial role in the oil and gas industry, particularly in the upstream and midstream sectors. In the upstream sector, these analyzers help identify the type and contents of gases released during exploration, ensuring health, safety, and environmental risks are minimized. In the midstream sector, they prevent corrosion in pipelines and LNG transportation by monitoring carbon, oxygen, and hydrogen gases that can form toxic substances. The oil and gas industry’s capital-intensive nature and harsh working conditions necessitate regular maintenance and accurate gas analysis. With the rise of natural gas production due to technologies like fracking and declining prices, the demand for process analyzers has surged. Upcoming natural gas projects are expected to further fuel market growth, as the need for gas analysis in emissions inspection increases.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Process Analyzer Market encompasses innovative technologies and instruments used in drug development and bioprocessing industries for real-time monitoring and analysis of various parameters in pharmaceutical manufacturing. These analyzers play a crucial role in ensuring product quality, freshwater availability, and energy efficiency in the face of climatic changes, weather patterns, and pollution. They measure pressure, flow rates, chemical composition, and water pollution to protect ecosystems and public health. Rainwater harvesting and wastewater treatment are essential applications, as is the monitoring of hazardous substances and documentation for reporting purposes. Remote areas and calibration are also considered in the market’s scope, focusing on process enhancement, safety, and energy efficiency initiatives.

Market Research Overview

The Process Analyzer Market encompasses innovative analytical instruments used in various industries, including drug development and pharmaceutical manufacturing, for process measurements in bioprocessing. These analyzers ensure quality and compliance with regulations by monitoring freshwater availability, climatic changes, weather patterns, pollution, and water sources. They provide safe drinking water by analyzing pollutant levels in wastewater from households and industries, enabling effective rainwater harvesting and wastewater treatment. Process Analyzers offer reliability, accuracy, and versatility, measuring temperature, pressure, flow rates, chemical composition, and other parameters in laboratories and industrial installations. Protected cabinets, cooling capabilities, power efficiency, and remote monitoring are essential features for optimal performance. Compliance with environmental regulations and emissions standards is crucial, making analyzer technology an essential tool for industries seeking energy efficiency initiatives and process enhancement. Safety is paramount, with analyzers monitoring hazardous substances and reporting malfunctions for prompt maintenance and troubleshooting. The market includes gas analyzers for combustion processes, boiler combustion, and flammable gases, as well as liquid analyzers for environmental monitoring and quality regulations in pharmaceutical products. Transparency, accountability, and sustainability are driving factors in the market, with a focus on remote areas, calibration, sensor placement, process control, and documentation.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userOil And GasChemical And PetrochemicalHealthcareWater And Wastewater TreatmentOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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HUAWEI CONNECT 2024 | Huawei Unveils the Brand-New Xinghe Intelligent Fabric Solution, Powering the AI Era

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SHANGHAI, Sept. 21, 2024 /PRNewswire/ — At HUAWEI CONNECT 2024, over 300 industry leaders, experts, and scholars gathered for the data center network session themed “Xinghe Intelligent Fabric, Powering the AI Era.” The event featured discussions on the evolution and technological advancements of data center networks. During the session, Arthur Wang, President of Data Center Network Domain at Huawei’s Data Communication Product Line, introduced the newly upgraded Xinghe Intelligent Fabric solution. This cutting-edge solution aims to establish a data center network characterized by one map for intelligent operations and maintenance (O&M), one network for diverse computing, and one platform for simplified deployment, providing a robust network infrastructure to support enterprises’ digital and intelligent transformations.

In his keynote speech, Arthur Wang outlined the emerging trends in data center network development. He emphasized that in the AI era, data center networks require both a “brilliant brain” and “resilient bones.” The newly launched Xinghe Intelligent Fabric solution is designed to deliver a powerful network infrastructure tailored for the AI era, featuring:

One Map for Intelligent O&M: Zero Management Concerns

Huawei’s exclusive network digital map enables rapid cross-data center and cross-vendor fault identification within minutes. Additionally, the NetMaster network large model facilitates AI-driven O&M, eliminating manual intervention and ensuring zero management concerns.

One Network for Diverse Computing: Zero Service Interruptions

The Xinghe Intelligent Fabric supports various application scenarios, including intelligent computing, general-purpose computing, and storage. The innovative Network Scale Load Balancing (NSLB) algorithm increases network throughput to 95% and boosts AI training efficiency by over 10%. With the exclusive iReliable three-level fast switchover capability, it achieves sub-millisecond switchover, guaranteeing zero service interruptions.

One Platform for Simplified Deployment: Zero Configuration Errors

By employing digital twins to simulate networks in advance and verify configurations post-deployment, the solution ensures 100% accuracy in network changes. By harnessing network-security convergence capabilities, AI creates an intelligent security matrix to analyze millions of security policies, achieving zero configuration errors.

Looking ahead, Huawei will continue to collaborate with industry partners to enhance research and innovation in data center networks, promote intelligent upgrades, and create greater value for the industry.

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SOURCE Huawei

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Cultivating a Culture of Peace: International Day of Peace Statement by Education Cannot Wait Executive Director Yasmine Sherif

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NEW YORK, Sept. 21, 2024 /CNW/ — The longing for peace transcends time, geography and religion. Based on justice, human rights and universal values outlined in the UN Charter, a culture of peace brings us all together in our common agenda for humanity. We can only co-exist by aligning ourselves with such a world order.

On today’s International Day of Peace, we call on world leaders to end conflict and embrace a culture of peace as enshrined in the UN Charter and related international law.

As the UN General Assembly outlined in the Declaration and Programme of Action on a Culture of Peace  a quarter of a century ago, this must include: “Respect for life, human rights and fundamental freedoms; the promotion of non-violence through education, dialogue and cooperation; commitment to peaceful settlement of conflicts; and adherence to freedom, justice, democracy, tolerance, solidarity, cooperation, pluralism, cultural diversity, dialogue and understanding at all levels of society and among nations.”

Educating for peace starts at home and continues in school through years of education. This takes place during the most formative years of a child learning about their identity, ethics, values, conscience, courage and compassion. Wherever there has been a failure in imparting on children the imperative for peace, the world is turned upside down. This is a global failure with no geographical boundaries.

Today, we live in a world of unprecedented violence, armed conflict and chaos. All the genuine and heartfelt commitments made in 1945 in the UN Charter seem to be fading away. Children and adolescents are the most vulnerable, the least protected, and the most impacted. They bear the brunt. 

Global conflicts killed three times as many children in 2023 than in the previous year, according to the United Nations. The number of forcibly displaced people reached an unprecedented 120 million in May 2024.

“In 2023, the United Nations verified a record 32,990 grave violations against 22,557 children in 26 conflict zones, a 35% increase from the previous year,” according to recent analysis by the UN.

We can end these violations and invest in a constructive co-existence globally. We can use our resources for education, rather than for wars. In classrooms around the world, girls and boys who have withstood the wrath of war can rebuild their hopes and their lives. Cultivating a culture of peace is possible. The financial resources exist. The choice as to how we use them is ours.

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SOURCE Education Cannot Wait

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Niutech at the Forefront: U.S.-China Circular Economy Forum Tackles “White Pollution”

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BEIJING, Sept. 20, 2024 /PRNewswire/ — On September 6, 2024, the inaugural U.S.-China Circular Economy Cooperation Forum was held in Beijing. The forum, guided by the U.S.-China Climate Action Working Group Circular Economy Task Force, was co-organized by the China Circular Economy Association and the US-China Business Council. The forum brought together approximately 460 distinguished guests from the National Development and Reform Commission of China, the Ministry of Foreign Affairs, the Ministry of Industry and Information Technology, the Ministry of Ecology and Environment, the Ministry of Housing and Urban-Rural Development, the Ministry of Commerce, the General Administration of Market Regulation, the US State Department, the US Department of Energy and other government departments, as well as industry experts, business representatives and scientific research institutions of the two countries. As the domestic leader in continuous pyrolysis technology, Niutech was invited by the China Circular Economy Association to attend the forum and gave an insightful speech on the topic of waste plastic recycling, and the issues of ‘white pollution’ that can result from it.

Enhancing Quality and Efficiency in the Circular Economy with Innovative Forces

The forum was strategically designed to advance the goals outlined in the U.S.-China “The Sunnylands Statement on Enhancing Cooperation to Address the Climate Crisis” (hereinafter referred to as the Sunnylands Statement). It aimed to create a collaborative platform for the business community, social organizations, and research institutions from both countries to foster exchanges and drive tangible cooperation in the circular economy.  

Zhao Chenxin, Deputy Director of the National Development and Reform Commission, John Podesta, Senior Advisor to the U.S. President on International Climate Policy, Liu Zhenmin, China’s Special Envoy for Climate Change Affairs, Nicholas Burns, U.S. Ambassador to China, and Xie Zhenhua, former Special Envoy for Climate Change Affairs of China, attended the opening ceremony of the Forum and delivered a speech, and Xie Feng, Chinese Ambassador to the U.S., made a video message. Deputy Director Zhao Chenxin said that addressing climate change is a common cause for all mankind and cannot be separated from the cooperation between the two global forces, China and the United States.

The China-US Circular Economy Cooperation Forum, held as an initiative to implement the Sunnylands Statement, marked another significant milestone in China-US cooperation on the circular economy. This collaboration is crucial for both nations as they join forces to tackle the climate crisis. On the afternoon of September 6, the forum organized four parallel meetings, where representatives engaged in in-depth exchanges on topics such as using the recycling economy to reduce greenhouse gas emissions, promoting the application of recycled materials, addressing plastic pollution and enhancing recycling, and increasing the recycling value of waste in the context of new industries and consumption patterns.

Niutech: International Experts on Continuous Pyrolysis Technology and Pioneers in solving the global “white pollution” problem

Globally, hundreds of millions of tons of waste plastics are generated annually, yet only about 30% undergo recycling. Traditional physical methods are typically limited to high-value, single-category, and relatively clean waste plastics. However, repeated recycling can degrade the quality of the plastics. Chemical recycling, on the other hand, offers a transformative approach by converting waste plastics into high-value products or fuels through chemical processes, thus overcoming the limitations of physical recycling.

Pyrolysis technology, a cornerstone of chemical recycling, addresses the challenges associated with the material recycling of waste plastics. It is adept at processing various types of low-value, mixed, and contaminated waste plastics. The products of pyrolysis can be further processed to manufacture new plastics, achieving a closed-loop system where waste plastics are repurposed into high-value new plastics. This not only retains the material’s utility at a high level but also converts “white pollution” into a “white oil field,” signifying a major shift in the management and valorization of plastic waste.

At the forum, as the international expert in continuous pyrolysis technology, the corporate representative of Niutech shared the cases of waste plastic chemical recycling projects deployed with international giants BASF and Quantafuel in Denmark, Thailand and other countries. Niutech has developed its own pyrolysis technology and equipment, which they fully own the intellectual property rights to. This technology enables the transformation of low-value, mixed, and contaminated waste plastics—including various polymers such as PP, PE, PS, ABS—into high-quality fuel oil.  

The fuel oil derived from this process can undergo further refining into naphtha, a critical raw material in the production of new plastics. This advanced recycling process not only diverts plastics from landfills and the environment but also contributes to a circular economy by turning waste into a valuable resource.

In the future, Niutech will continue to champion the principle of “green, recycling and low-carbon” waste plastics pyrolysis. Armed with advanced technology, reliable equipment, abundant high-value solutions and proven experience, Niutech is committed to enhancing communication and cooperation with domestic and foreign partners. Together, they will drive forward the chemical recycling of waste plastics and the sustainable development of the global waste plastics recycling industry.

 

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