Zion Market Research has published a new report titled “Silica Analyzer Market Report by Type (Portable and Fixed) and by End-Use Industry (Power Generation, Semiconductor Manufacturing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026.”According to the report, the silica analyzer market accounted for USD 105.5 Million in 2018 and is expected to reach USD 161.9 Million by 2026, growing at a CAGR of around 5.5 % between 2019 and 2026.
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The global silica analyzer market is expected to observe noteworthy growth over the forecast years. There is a huge demand for the silica analyzer in the market owing to its variety of attributes. The key attributes of the silica analyzer are simplicity, reliability, automatic cleaning, user-friendly touchscreen interface, calibration, and zero deliver high accuracy measurements that are expected to upsurge the demand for the product in the forecast timeframe. The silica analyzer equipment has a crucial role in the protection of equipment from corrosion and reassurance of water quality which is one of the major factors supporting the market growth. The importance of accurate silica measurement in the steam or water cycle for optimizing power plant efficiency is likely to propel the market growth over the forecast years. Additionally, the rise in the demand from the end-use industry such as power generation, semiconductor manufacturing is expected to drive the growth of the market within the forecast period.
The global silica analyzer market has been segmented on the basis of the type and end-use industry. Based on type, the silica analyzer market is classified into portable and fixed. The portable silica analyzer is anticipated to grow at a noticeable rate within the forecast period owing to the tremendous demand from the end-use industry. In terms of end-use industry, the silica analyzer market is classified into power generation, semiconductor manufacturing, and others. In the power generation industry, the silica analyzer monitors the ultra-purity of the water and the measurement of silica in boiling steam water which is used in the power generation plants. It also offers excellent reliability, efficiency and avoids scaling on the turbine which improves the thermal efficiency of water in power plants. Moreover, the silica analyzer aids to improve ion-exchange production and minimization of silica deposition on the turbines. Henceforth, the power generation segment is expected to grow at a noteworthy rate within the forecast period.
The key players involved in the silica analyzer market are Hach, Thermo Fisher Scientific, KNTEC, Mettler Toledo, HORIBA, Swan Analytical Instruments, SPX Flow, DKK TOA, ABB, Waltron Group, Electro-Chemical Devices, Shanghai Boqu Instrument, Dr.Thiedig, HKY Technology, and Omicron Sensing.
This report segments the global silica analyzer market as follows:
Global Silica Analyzer Market: Type Segment Analysis
Global Silica Analyzer Market: End-Use Industry Analysis
Global Silica Analyzer Market: Regional Segment Analysis
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