Measurement & Instrumentation


Opportunity Analysis of the Asia-Pacific Analytical Instrumentation Market, Forecast to 2021

Rapid Technology Advancement, Steady FDI Inflows and Increasing Government Support are the Major Growth Drivers
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Published: 14 Nov 2017

The study aims to analyze and forecast the Asia-Pacific analytical Instrumentation market from 2016 to 2021. The market is expected to exhibit strong growth in Asia-Pacific owing to technological advancements, favorable government policies and strong FDI inflows into the region. Worth $3.26 billion in 2016, revenue is expected to reach $4.62 billion in 2021, at a steady growth rate of 7.2%, with growth rates and revenue varying across the product segments, end-user verticals, and geographic regions. Multi-vendor and value-added services will be in demand, resulting in high revenue for manufacturers and third party service providers. Key end users such as biopharmaceuticals, life sciences, food, and environmental testing drive market growth. Requirement for automation of analytical processes will drive the need for advanced analytical instrumentation. High operating costs of analytical processes reduce market development. Process instruments are driving growth due to their ability to increase in efficiency and reduce operational costs. The study is fact book encompassing quantitative information on the analytical instrumentation market in Asia-Pacific. The segments covered within this fact book are Chromatography, Mass Spectrometry, Elemental Analysis Spectrometry, Molecular Analysis Spectrometry, Analytical Microscopes, X-ray Instrumentation, Gas Analyzers, and Liquid Analyzers. The quantitative data are broken down by region, product segments, and end-user industries. The study discusses various market dynamics, drivers, and restraints impacting the market in Asia-Pacific. Growth opportunities and actions to capitalize on them have also been included in the study. It also sheds light on the competitive share for each of the markets. Key Questions Addressed: · Is the market growing? How long will it continue to grow, and at what rate? · Which are the key product segments in the market and what applications are they used for? · How will the structure of the market change with time? · What are the key growth opportunities for the market participants and how can they be addressed? · Which end-user industries offer high growth potential?

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