Liquid Analytical Instrument Market: Key Challenges and Opportunities in the Industry
The global liquid analytical instrument market size is expected to reach USD 689.4 million by 2030, according to a new study conducted by Grand View Research, Inc., registering a 5.6% CAGR during the forecast period. Increasing demand for liquid analytical instruments in food and beverage processing units for control and measurement of chemical composition of fluids is expected to drive the market.
Liquid analytical instruments are largely used in industrial manufacturing processes as they provide bias-free outcomes and rapid and accurate measurements. Increasing adoption of automated liquid analytical instruments in the pharmaceutical industry helps decrease human interferences and enable effective data control and monitoring. This is further anticipated to propel market growth over the forecast period.
Rapid and extensive development of the biotechnology industry, coupled with high adoption rate of precise analytical instruments, is expected to drive the market through 2025. Emergence of advanced technologies such as high-frequency liquid analysis and stream selection technology is further expected to fuel market growth.
Increasing demand for liquid analytical instruments for real-time data monitoring in end-use industries such as water treatment to enhance overall process efficiency is further contributing to market growth. Moreover, focus on protecting the environment and stringent environmental policies has propelled the adoption of liquid analytical instruments in various end-use industries such as chemicals, pharmaceuticals, and healthcare and biotechnology.
Gather more insights about the market drivers, restrains and growth of the Liquid Analytical Instrument Market
Liquid Analytical Instrument Market Report Highlights
• By instrument, infrared analyzers segment is expected to grow at the fastest CAGR of 6.6% during the forecast period owing to its high stability and reliability features for a wide range of laboratory and process applications.
• Liquid analytical instruments are widely adopted in wastewater management applications as a result of increased demand for real-time data monitoring and growing awareness about environmental protection measures across the world
• Liquid analytical instruments are widely used in the food and beverage industry to analyze liquid levels in non-alcoholic beverages, alcoholic drinks, and infusion beverages among others
• Europe dominated the market and accounted for the largest revenue share of 30.5% in 2022. Europe's robust pharmaceutical and biotechnology industries have driven the demand for liquid analytical instruments for drug discovery, development, quality control, and research applications
Liquid Analytical Instrument Market Segmentation
Grand View Research has segmented the global liquid analytical instrument market report based on instrument, end-use, application, and region:
Liquid Analytical Instrument Instrument Outlook (Revenue, USD Million, 2018 - 2030)
• Conductivity & Resistivity Analyzers
• Infrared Analyzers
• Oxygen Analyzers
• pH/ORP Analyzers
• Turbidity Analyzers
• Others
Liquid Analytical Instrument End-use Outlook (Revenue, USD Million, 2018 - 2030)
• Chemical
• Energy
• Healthcare & Biotechnology
• Oil & Gas
• Pharmaceutical
• Food & Beverage
• Others
Liquid Analytical Instrument Application Outlook (Revenue, USD Million, 2018 - 2030)
• Liquid Chemistry Monitoring
• Drug Discovery
• Wastewater Management
• Water Purification
• Others
Liquid Analytical Instrument Regional Outlook (Revenue, USD Million, 2018 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia Pacific
o China
o Japan
o India
o Australia
o South Korea
o Thailand
o Indonesia
o Malaysia
• Central & South America
o Brazil
o Argentina
• Middle East and Africa
o Saudi Arabia
o UAE
o South Africa
Order a free sample PDF of the Liquid Analytical Instrument Market Intelligence Study, published by Grand View Research.
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