The Process Analytical Instrument Market (2014 to 2020)
The 5th Edition adheres to the product and market definitions established in PAI/2000, PAI/2004, PAI/2008 and PAI/2012, while exploring evolving aspects of analyzer technology, analyzer data communications, sample-handling technology, analyzer service markets and other emerging areas. PAI/2016 also provides in-depth treatment of analyzer installation revenues (sample system, systems integration, and commissioning) and aftermarket revenues (spares, maintenance, and training). An examination of the impact of the U.S. shale-based investment boom on the process analyzer sector is included as is a status update on evolving International Standards affecting analyzer products.
From 2016 to 2020, the worldwide Process Analyzer Enterprise is projected to approach $44 Billion in aggregate spending by all participants. PAI/2016 highlights opportunities for participation in this larger arena. The PREFACE and contents description of this new edition (PAI/2016) follow this announcement. Also attached are biographies of the three authors.
PAI/2016 provides worldwide product shipments forecasts for 2014-2020 (by year). These product shipments forecasts are also shown by major end-use market segment and by geographic region. The report identifies the leading suppliers in each of the product market categories. Over 450supplier and about 90 legacy names are identified in the Company Index.
PAI/2016, as with previous editions, is backed by an extensive research effort incorporating multiple personal contacts with instrument manufacturers, systems integrators and end-users as well as other participants in this marketplace. For the past dozen years, PAI Partners has presented an annual Process Analyzer Market Update at ISA AD's Spring Symposium, the premier process analyzer professional gathering in this field.
THE PROCESS ANALYTICAL INSTRUMENT MARKET (2014 to 2020)
This worldwide market report (PAI/2016) is published by PAI Partners, a collaboration between Steve Walton and Terry McMahon. The Principals of PAI Partners developed all estimates of market size and growth, market share and related market data presented herein.
McMahon authored over a dozen market studies from 1973-1991 that covered process analytical instruments as well as PAI/94 published by PAI Partners in 1995. Walton was the principal author of DMCW’s PCM Update: Analytical & Specialty Measurement Equipment (1995-2000) published in 1996. Subsequently, McMahon and Walton collaborated in producing PAI/2000, PAI/2004, PAI/2008 and PAI/2012. PAI Partners, moreover, is continually involved in proprietary analyzer market investigations assuring historically-deep as well as fresh and current market insights.
Jim Tatera is the third principal author of PAI/2016. Following 27 years as a leading analyzer professional for Dow Corning, Jim has developed an active consulting practice providing analyzer-related services to chemicals manufacturers, instrument vendors and academic centers. He is also the lead U.S. representative on IEC Analyzer Standards Development. Jim frequently conducts analyzer short-courses for ISA and other societies. He continues to bring the strong end-user focus he brought to earlier editions (PAI/2008, PAI/2012).
PAI/2016 adheres to the product and market definitions established in the four previous editions while exploring new topical issues. Expanding niches for laser-based optical spectroscopy and expanding service opportunities are analyzed, while revisiting and updating initiatives including PAT and NeSSI from earlier editions. The COMPANY INDEX listing of more than 450 current and legacy names indicates the scope of our research. Evolving international process analyzer standards are another important feature.