0

Analytical Instrument Market in US by Product and End-user - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43935
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single User:

    Quick and easy buy and download option

  • Enterprise:

    Flexible option - Complimentary customization included

2500 USD

The analytical instrument market in us share is expected to increase by USD 5.57 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 2.64%.

This analytical instrument market in us research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers analytical instrument market in us segmentations by product (process control instruments, laboratory analytical instruments, electrical measurement equipment, and others), end-user (pharmaceutical and biotechnology companies, food and beverage companies, environmental testing organizations, and others), and geography (US). The analytical instrument market in us report also offers information on several market vendors, including ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Bio-Rad Laboratories, Inc, Bruker Corp., Danaher Corp., General Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., and Siemens AG among others.

What will the Analytical Instrument Market In US Size be During the Forecast Period?

Analytical Instrument Market Size

Download the Free Report Sample to Unlock the Analytical instrument Market in US Size for the Forecast Period and Other Important Statistics

 

Analytical Instrument Market In US: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The rise in demand for generic drugs is notably driving the analytical instrument market in us growth, although factors such as challenges related to equipment design impeding manufacturing flow and supply may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the analytical instrument industry in us. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Analytical Instrument Market In US Driver

The rise in demand for generic drugs is one of the key factors driving the growth of the analytical instrument market in US. Pharmaceutical drugs are chemical or biochemical substances used to prevent and treat diseases. The global generic drugs market is one of the major sub-markets of the global pharmaceutical market, and it will grow at a significant rate during the forecast period. The patent expiries of branded drugs and the growing prevalence of diseases increase the demand for generic drugs, contributing to the market's growth. Moreover, popular drugs for conditions such as central nervous system (CNS) disorders, cardiovascular diseases, various infections, cancer, and diabetes are expected to generate high returns in the market. This makes it important for companies to identify the drugs that will capture the maximum market share. Pharmaceutical manufacturers that have a strong infrastructure can deliver tailored drugs. In addition, the adoption of business models with a strong supply chain is expected to bring in maximum market shares. This will boost the demand for analytical instruments in the US during the forecast period.

Key Analytical Instrument Market In US Trend

The rise in electrical and electronic components in the automobile industry generating demand for precision manufacturing will fuel the analytical instrument market in US growth. The automotive sector in the US is witnessing buoyancy during the post-global recession period. Due to the restructuring of the automobile production process, the automotive sector has seen the sales volumes of passenger cars and commercial vehicles returning to the pre-crisis level in the country. Therefore, automotive companies are no longer in the red but are showing profitability. Moreover, in the US, auto sales were estimated to be more than 14.4 million units in 2020. The improving economic situation, together with rising consumer confidence, has resulted in higher demand for new, fuel-efficient, and technologically advanced cars equipped with more safety and advanced features such as MOST150 and Broad R-Reach. The increase in the implementation of these technologies is expected to create demand for electrical measurement equipment in the US automobile sector.

Key Analytical Instrument Market In US Challenge

The challenges related to equipment design impeding manufacturing flow and supply is a major challenge for the analytical instrument market in US growth. The equipment used in the aerospace and defense industry must be reliable and incorporate high safety features. Modular instrumentations such as Compact Peripheral Component Interface (CPCI), PCI eXtensions for Instrumentation (PXI), VME eXtensions for Instrumentation (VXI), and LAN-based eXtensions for Instrumentation (LXI) are specially designed to address application-specific requirements of this industry. Apart from this, purchases and export or import procedures in this industry are time-consuming and involve lengthy processes, thus affecting the delivery, execution, and performance of the testing solutions. For instance, Indian defense establishments are geographically spread across the country and vary widely in terms of temperature and humidity conditions. This poses a serious problem for modular instrument providers, as they need to develop solutions that are compatible with all the applications functioning in diverse environments. Such factors will hinder the market growth during the forecast period.

This analytical instrument market in US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

The analytical instrument market in the US is a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the analytical instrument market in us during the forecast period.

Who are the Major Analytical Instrument Market In US Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • ABB Ltd.
  • Agilent Technologies Inc.
  • AMETEK Inc.
  • Bio-Rad Laboratories, Inc
  • Bruker Corp.
  • Danaher Corp.
  • General Electric Co.
  • Honeywell International Inc.
  • Mitsubishi Electric Corp.
  • Siemens AG

 

This statistical study of the analytical instrument market in us encompasses successful business strategies deployed by the key vendors. The analytical instrument market in us is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • ABB Ltd. - The company offers the variety of analytical instruments control room solutions, low voltage product and system, medium voltage products, PLC automation, robotics and power converters and inverters.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The analytical instrument market in us forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Analytical Instrument Market In US Value Chain Analysis

Our report provides extensive information on the value chain analysis for the analytical instrument market in us, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global industrial machinery market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Analytical Instrument Market In US?

Analytical Instrument Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

51% of the market's growth will originate from US during the forecast period. New York is the key market for analytical instrument market in us in Afghanistan. Market growth in this region will be faster than the growth of the market in regions.

The rise in demand for generic drugs will facilitate the analytical instrument market in us growth in Afghanistan over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The increase in the number of COVID-19 cases during Q2 and Q3 of 2020 resulted in lockdowns in several developed countries such as the US, which led to a decline in investments in the industrial sector. Also, most business operations and investments in R&D were stalled in 2020, except for pharmaceutical and biotechnology companies. The advent of COVID-19 surged the demand for R&D in the healthcare sector to control and reduce the spread of the disease. This affected the demand for analytical instruments in the US through pharmaceutical and biotechnology companies. Such variations in demand for analytical instruments among end-user industries will moderately impact the growth of the market during the forecast period. However, increasing spending on the healthcare industry and economic recovery through government stimulus packages are anticipated to drive the analytical instrument market in US during the forecast period.

What are the Revenue-generating Product Segments in the Analytical Instrument Market In US?

Analytical Instrument Market Segmentation

To gain further insights on the market contribution of various segments Request for a FREE sample

The analytical instrument market in us share growth by the process control instruments segment will be significant during the forecast period. The increased adoption of industrial automation in process manufacturing industries will play a key role in driving the growth of the process control instruments segment of the analytical instrument market in US during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the analytical instrument market in us size and actionable market insights on post COVID-19 impact on each segment.

 

Analytical Instrument Market In US Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2.64%

Market growth 2021-2025

$ 5.57 billion

Market structure

Fragmented

YoY growth (%)

2.00

Regional analysis

North America

Performing market contribution

Afghanistan at 51%

Key consumer countries

US

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Bio-Rad Laboratories, Inc, Bruker Corp., Danaher Corp., General Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., and Siemens AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Analytical Instrument Market In US In Country Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive analytical instrument market in us growth during the next five years
  • Precise estimation of the analytical instrument market in us size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the analytical instrument market in us industry across US
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of analytical instrument market in us vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value Chain Analysis: Industrial machinery market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: US - Market size and forecast 2020 - 2025 ($ billion)
      • Exhibit 07: US market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 15: Product - Market share 2020-2025 (%)
    • 5.2 Comparison by Product
      • Exhibit 16: Comparison by Product
    • 5.3 Process control instruments - Market size and forecast 2020-2025
      • Exhibit 17: Process control instruments - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 18: Process control instruments - Year-over-year growth 2020-2025 (%)
    • 5.4 Laboratory analytical instruments - Market size and forecast 2020-2025
      • Exhibit 19: Laboratory analytical instruments - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 20: Laboratory analytical instruments - Year-over-year growth 2020-2025 (%)
    • 5.5 Electrical measurement equipment - Market size and forecast 2020-2025
      • Exhibit 21: Electrical measurement equipment - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 22: Electrical measurement equipment - Year-over-year growth 2020-2025 (%)
    • 5.6 Others - Market size and forecast 2020-2025
      • Exhibit 23: Others - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 24: Others - Year-over-year growth 2020-2025 (%)
    • 5.7 Market opportunity by Product
      • Exhibit 25: Market opportunity by Product

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 26: End user - Market share 2020-2025 (%)
    • 6.2 Comparison by End user
      • Exhibit 27: Comparison by End user
    • 6.3 Pharmaceutical and biotechnology companies - Market size and forecast 2020-2025
      • Exhibit 28: Pharmaceutical and biotechnology companies - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 29: Pharmaceutical and biotechnology companies - Year-over-year growth 2020-2025 (%)
    • 6.4 Food and beverage companies - Market size and forecast 2020-2025
      • Exhibit 30: Food and beverage companies - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 31: Food and beverage companies - Year-over-year growth 2020-2025 (%)
    • 6.5 Environmental testing organizations - Market size and forecast 2020-2025
      • Exhibit 32: Environmental testing organizations - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 33: Environmental testing organizations - Year-over-year growth 2020-2025 (%)
    • 6.6 Others - Market size and forecast 2020-2025
      • 6.7 Market opportunity by End user
        • Exhibit 36: Market opportunity by End user

      7 Customer landscape

      8 Drivers, Challenges, and Trends

      • 8.1 Market drivers
        • 8.2 Market challenges
          • Exhibit 38: Impact of drivers and challenges
        • 8.3 Market trends

          9 Vendor Landscape

          • 9.1 Competitive scenario
            • 9.2 Vendor landscape
              • Exhibit 39: Vendor landscape
            • 9.3 Landscape disruption
              • Exhibit 40: Landscape disruption
            • 9.4 Industry risks
              • Exhibit 41: Industry risks

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 42: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 43: Market positioning of vendors
            • 10.3 ABB Ltd.
              • Exhibit 44: ABB Ltd. - Overview
              • Exhibit 45: ABB Ltd. - Business segments
              • Exhibit 46: ABB Ltd.– Key news
              • Exhibit 47: ABB Ltd. - Key offerings
              • Exhibit 48: ABB Ltd. - Segment focus
            • 10.4 Agilent Technologies Inc.
              • Exhibit 49: Agilent Technologies Inc. - Overview
              • Exhibit 50: Agilent Technologies Inc. - Business segments
              • Exhibit 51: Agilent Technologies Inc. – Key news
              • Exhibit 52: Agilent Technologies Inc. - Key offerings
              • Exhibit 53: Agilent Technologies Inc. - Segment focus
            • 10.5 AMETEK Inc.
              • 10.6 Bio-Rad Laboratories, Inc
                • Exhibit 59: Bio-Rad Laboratories, Inc - Overview
                • Exhibit 60: Bio-Rad Laboratories, Inc - Business segments
                • Exhibit 61: Bio-Rad Laboratories Inc. – Key news
                • Exhibit 62: Bio-Rad Laboratories, Inc - Key offerings
                • Exhibit 63: Bio-Rad Laboratories, Inc - Segment focus
              • 10.7 Bruker Corp.
                • Exhibit 64: Bruker Corp. - Overview
                • Exhibit 65: Bruker Corp. - Business segments
                • Exhibit 66: Bruker Corp. – Key news
                • Exhibit 67: Bruker Corp. - Key offerings
                • Exhibit 68: Bruker Corp. - Segment focus
              • 10.8 Danaher Corp.
                • Exhibit 69: Danaher Corp. - Overview
                • Exhibit 70: Danaher Corp. - Business segments
                • Exhibit 71: Danaher Corp. - Key news
                • Exhibit 72: Danaher Corp. - Key offerings
                • Exhibit 73: Danaher Corp. - Segment focus
              • 10.9 General Electric Co.
                • Exhibit 74: General Electric Co. - Overview
                • Exhibit 75: General Electric Co. - Business segments
                • Exhibit 76: General Electric Co.– Key news
                • Exhibit 77: General Electric Co. - Key offerings
                • Exhibit 78: General Electric Co. - Segment focus
              • 10.10 Honeywell International Inc.
                • Exhibit 79: Honeywell International Inc. - Overview
                • Exhibit 80: Honeywell International Inc. - Business segments
                • Exhibit 81: Honeywell International Inc.– Key news
                • Exhibit 82: Honeywell International Inc. - Key offerings
                • Exhibit 83: Honeywell International Inc. - Segment focus
              • 10.11 Mitsubishi Electric Corp.
                • Exhibit 84: Mitsubishi Electric Corp. - Overview
                • Exhibit 85: Mitsubishi Electric Corp. - Business segments
                • Exhibit 86: Mitsubishi Electric Corp.– Key news
                • Exhibit 87: Mitsubishi Electric Corp. - Key offerings
                • Exhibit 88: Mitsubishi Electric Corp. - Segment focus
              • 10.12 Siemens AG
                • Exhibit 89: Siemens AG - Overview
                • Exhibit 90: Siemens AG - Business segments
                • Exhibit 91: Siemens AG – Key news
                • Exhibit 92: Siemens AG - Key offerings
                • Exhibit 93: Siemens AG - Segment focus

              11 Appendix

              • 11.1 Scope of the report
                • 11.2 Currency conversion rates for US$
                  • Exhibit 94: Currency conversion rates for US$
                • 11.3 Research methodology
                  • Exhibit 95: Research Methodology
                  • Exhibit 96: Validation techniques employed for market sizing
                  • Exhibit 97: Information sources
                • 11.4 List of abbreviations
                  • Exhibit 98: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
                Interested in this report?
                Get your sample now!
                Analytical instrument Market in US market growth will increase by $5.57 bn during 2021-2025.
                The analytical instrument market in us market is expected to grow at a CAGR of 2.64% during 2021-2025.
                Technavio has segmented the analytical instrument market in us market by product (Process control instruments, Laboratory analytical instruments, Electrical measurement equipment, and Others) ,end user (Pharmaceutical and biotechnology companies, Food and beverage companies, Environmental testing organizations, and Others) , and geography (US, Afghanistan, Africa, Azerbaijan, and Bangladesh).
                ABB Ltd., Agilent Technologies Inc., AMETEK Inc., Bio-Rad Laboratories, Inc, Bruker Corp., Danaher Corp., General Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., Siemens AG are a few of the key vendors in the analytical instrument market in us market.
                US will register the highest growth rate of 51% among the other regions. Therefore, the analytical instrument market in us market in US is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the analytical instrument market in us market growth are:
                • Rise in demand for generic drugs
                • Rise in electrical and electronic components in automobile industry generating demand for precision manufacturing
                The analytical instrument market in us market vendors should focus on grabbing business opportunities from the process control instruments segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
                • Off-the-shelf research reports
                • Reports can be tailored to meet the customer's needs
                • Trusted by more than 100 fortune 500 organizations
                • Information about the market's key drivers, trends, and challenges
                • Parent market analysis
                • Every week, 50,000 people visit our subscription platform
                • Detailed vendors report with competitive landscape
                • Covid-19 impact and recovery analysis
                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis

                Certified ISO 9001 : 2015

                We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

                We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

                Safe and Secure SSL Encrypted
                Technavio

                info
                close
                • Single User:

                  Quick and easy buy and download option

                • Enterprise:

                  Flexible option - Complimentary customization included

                2500 USD

                Technavio Get the report (PDF) sent to your email within minutes.

                Subscribe & Save

                Get lifetime access to our
                Technavio Insights

                Customized Report as per your Business Needs

                • Our analysts will work directly with you and understand your needs
                • Get data on specified regions or segments, competitor and Vendors
                • Data will be formatted and presented as per your requirements
                • We offer $1000 worth of FREE customization at the time of purchase

                Let us help you make report more suited to your requirements.

                • Get a competitive breakdown as per your niche industry
                • Customize the data with various metrics that meet your business prerequisite
                • Understand Revenue Sources, Customers and many more
                • Details on Market Share
                • These customizations are done in a short amount of time by our analysts and industry experts
                Technavio
                Enquire Before Buying
                17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>