U.S. Analytical Instrument Market reaches $7.3 billion in 2014

September 7, 2011 news through the collection of data on the United States market instrumentation equipment, MarketResearch. Com recently announced a new market report - "America Analytical Instrument Market Forecast Report."

In the past few years, the entire world has witnessed a strong demand for analytical instruments and automated products. As a result, the United States has played a leading role in further strengthening market potential. Well-known companies in this industry have adopted high standards. Investment, strict compliance with regulations, and product innovations have effectively increased their company's revenue. Although the 2009 economic recession has slowed down the growth of the analytical instrument market, the subsequent post-recession period is likely to increase end-user spending.

In 2011, the size of the US analytical instrument market is expected to reach US$6.6 billion. According to the above developments, the US analytical instrument market is expected to reach US$7.3 billion by 2014.

Among them, the growth of this market depends to a large extent on several industries, such as chemicals, food and beverages, oil and gas, electric utilities, medicine, etc. Since most of these industries operate well and capital expenditures are mostly effective, The quality monitoring of these industries will promote the development of the overall market for analytical instruments. In addition, instrument procurement by the government to ensure social security is still at the forefront of all industries.

Current mainstream products in the US analytical instrument market include gas analysis instruments, liquid analysis instruments, final control elements, electronic flow meters, and control systems. In 2011, these instruments together accounted for about 70% of the total market. In addition, the government's relevant regulatory measures in environmental safety, food safety, chemical plants, and pharmaceutical production will become the main drivers of these subdivided instrument markets.