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Ultraviolet Analyzer Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 138 Views
   
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COVID-19

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The global ultraviolet analyzer market size is experiencing significant growth and is expected to grow considerably in the next few years. Ultraviolet light is electromagnetic radiation with a wavelength longer than x-rays but shorter than visible light, which is between the range of 400 nm to 10 nm. It is placed next to the visible spectra of violet color but remains invisible to the human eye. Ultraviolet analyzer uses the ultraviolet region of the electromagnetic radiation spectrum. It is used in infrared and similar areas and X-rays. It also uses similar cell length modulation for continuous online measurement. Ultraviolet analyzer regularly analyzes spectrophotometry in which transmits radiation through different wavelengths.

COVID-19 scenario analysis: 

  • The global ultraviolet analyzer market has been significantly impacted by the outbreak. New projects throughout the world have slowed down, which have significant demand for ultraviolet analyzer 
  • The global factories have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules & regulations, which disrupted the global supply chains.
  • The impact of COVID-19 on ultraviolet analyzer market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are gradually going to increase.
  • This is expected to provide opportunities for companies to think about ways of increasing production, research about technologies, and improve current products.

Top impacting factors: ultraviolet analyzer market trends, scenario analysis, drivers, and impact analysis

The rise in demand for physical disinfection using ultraviolet (UV) analyzer technology, rising adoption across the food & beverages due to the ability to provide precise measurement, increasing positioning of smart grid, and growing adoption of ultraviolet analyzer are some of the factors, which are expected to drive the ultraviolet analyzer market growth. Furthermore, the demand for ultraviolet (UV) analyzer technology from the chemical industry also propels the ultraviolet analyzer market. Moreover, a wide range of benefits offered by ultraviolet (UV) analyzer technology has greatly increased the demand for UV sterilization equipment worldwide. Ultraviolet (UV) analyzer is used for quality control and monitoring food products. Moreover, with ultraviolet analyzer, manufacturers from various different industries can disinfect their products instead of using chlorine-based disinfection.

Ultraviolet analyzer market for online devices to hold a larger share 

The ultraviolet analyzer market for online is expected to hold a larger share during the forecast period. Ultraviolet analyzers are process analytical instruments designed for measurement of components in emission monitoring processes of power generation plants, refineries, food & beverages industry, and chemicals industry. Many industries prefer online ultraviolet analyzers as they can be used for continuous emission monitoring of components in liquid and gas applications. Many of these analyzers offer advantages such as continuous or faster analysis and low purchase, maintenance, & operating costs.

Oil & gas industry to drive the ultraviolet analyzer market

The ultraviolet analyzer market for the oil & gas industry is anticipated to grow during the forecast period. Continuous monitoring of data related to emissions is a legal requirement for oil & gas companies to control and monitor pollutants released into the atmosphere and ensure that emissions do not exceed the defined thresholds. The obtainability of reliable and efficient tools for analysis of this data is of paramount importance as environmental restraints can affect production. These factors drive the adoption of ultraviolet analyzers in the oil & gas industry.

Key segments covered:

Segments

Sub-segments

  Type

  • Liquid
  • Gas

  Device Type

  • Online
  • Field

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Automotive
  • Food & Beverages
  • Healthcare
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global ultraviolet analyzer industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global ultraviolet analyzer market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global ultraviolet analyzer market trends and growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed ultraviolet analyzer market analysis based on competitive intensity and how the competition will take shape in the coming years. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Device Type, Industry Vertical, and Region

  Regions covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, Africa)

  Companies covered

ABB Ltd., AMETEK, Inc., Emerson Electric Co., Halma plc, Horiba, Ltd, Teledyne Analytical Instruments Inc., Thermo Fisher Scientific Inc., Xylem Inc., Agilent Technologies Inc., and Hitachi High-Technologies Corporation

 

Questions answered in the ultraviolet analyzer  market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the ultraviolet analyzer market forecast?
  • What are the projections for the future that would help in taking further strategic steps?
 
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