Particle Size Analyzer Market to Grow at 5.46% CAGR to 2020 Driven by Product Quality And Safety
ReportsnReports.com adds Global Particle Size Analyzer Market 2016-2020 latest research report, the analysts forecast global particle size analyzer market to grow at a CAGR of 5.46% during the period 2016-2020.
Pune, India – April 25, 2016 /MarketersMedia/ —
According to the particle size analyzer market report enactment of strict regulatory policies for product quality and safety is a major factor driving the growth of the particle analyzer market. Governments across the globe have set standards to maintain product quality, and non-compliance can result in hefty fines and even closure of the manufacturing plant. These standards can be seen in developing nations in particular, where the growing regulatory environment, business complexity, and focus on accountability are placing tremendous responsibility on the management to ensure seamless operations and quality offerings.
Complete report on particle size analyzer market spread across 60 pages, analyzing 5 major companies and providing 38 data exhibits is now available at http://www.reportsnreports.com/reports/533924-global-particle-size-analyzer-market-2016-2020.html.
The global particle size analyzer market analyst said major market vendors such as Malvern Instruments, HORIBA, and Beckman Coulter are investing a considerable amount of time and effort in their R&D divisions to expand their product portfolios. Since the market is technology driven, it becomes extremely important for the vendors to improve their functionality and differentiate and deliver efficient and low-cost products. These R&D investments allow the major players to gain a competitive edge over other vendors and achieve a significant market share.
Segmentation by Technology and Analysis of the Particle Size Analyzer Market – Laser diffraction, Dynamic light scattering, Imaging, Counter principle and Nanoparticle tracking analysis
In this market research report, analysts have estimated the laser diffraction segment to be the largest particle size analyzer market segment during the forecast period and accounted more than 34% of the market share during 2015. The laser diffraction technology not only consumes less time but also provides highly consistent and accurate results. Moreover, the recent advances in laser diffraction particle size analyzers and an increasing number of partnerships among the vendors will lead to this market segment’s impressive growth by 2020.
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Geographical Segmentation and Analysis of the Particle Size Analyzer Market – APAC, Europe, North America and ROW
During 2015, North America dominated the particle size analyzer market and accounted for nearly 32% of the market share. The majority of the revenue is generated from the US market. Also, increased government aid and investments towards nanotechnology research will aid in the growth of this market in this region until the end of 2020.
The particle size analyzer market is highly fragmented and is characterized by the presence of many providers in the market. The competition among the vendors is expected to intensify during the forecast period because of the advances in nanotechnology technology and strategic alliances.
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Key players in the global particle size analyzer market: Beckman Coulter, Inc., HORIBA, Ltd, Malvern Instruments Ltd, Micromeritics Instrument Corporation, and Microtrac.
Other prominent vendors in the market are: Agilent Technologies, Brookhaven Instruments, CPS Instruments, Izon, Shimadzu, and Sympatec.
Further, the particle size analyzer market report states that high competition and ineffective distribution networks could reduce the average selling price of particle size analyzers, reducing revenue and gross profit margins and affecting overall profitability.
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