Vendors respond to demand for online analysers with lower cost of ownership

Frost & Sullivan has released analysis on the global process analytical instrumentation market, which found that the market earned revenues of US$2.8 billion in 2013 and estimates this will reach US$3.8 billion by 2020.

The report found that high operating and maintenance costs have prompted customers to demand solutions with lower cost of ownership. As a result, instrumentation vendors are increasingly aiming for flexibility and adaptability of process analytical instruments to enable easy installation and detachment from the process for maintenance purposes. Consequently, process analysers based on tunable diode laser spectroscopy techniques represent the fastest growing segment in the overall process analytical instrumentation market.

Other recommendations from the report are for vendors to simplify the user interface of process analysers to enhance the instruments’ usability and to consider incorporating automated features such as barcode readers to reduce need for manual intervention.