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Higher Levels of Automation Expand Revenue Potential for Analytical Instrumentation Manufacturers
"Analytical equipment, including and , will be increasingly used as due to the sensitivity and efficiency requirements of diagnostic applications," said . " , , , and will be the primary end users of analytical instrumentation. However, there will be a dip in demand for and due to the slowdown in the and markets because of fluctuating oil prices and resource scarcity."
Frost & Sullivan's recent analysis, , is segmented by the product sectors of , , , ( ), , gas analyzers, , and . It covers the geographic regions of , , , and .
"The market will be bolstered by the strong demand from Asia-Pacific , particularly, and ," noted Balasundar. "Analytical equipment manufacturers providing training, awareness, and application knowledge will experience considerable expansion in the emerging markets."
For additional revenue opportunities in the global market, instrumentation manufacturers will look to:
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Jaylon Brinkley
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