Silica Analyzer Market - Forecasts From 2018 to 2023

The silica analyzer market is projected to grow at a CAGR of 6.51% to reach US$183.033 million by 2023, from US$125.375 million in 2017. The importance of measuring silica at the power plant cannot be understated as it directly affects the effectiveness of the turbines. If the level of silica in the water stream used in a power plant goes beyond the acceptable range, then it could significantly reduce the efficiency of the turbines. As such, the focus on optimizing the power generation process is significantly driving the silica analyzer market. The growing number of power plants is stimulating the growth of the market. Simultaneously, the focus on increasing the accessibility to safe drinking, more specifically in the developing regions is further leading to the growth of the market.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the silica analyzer value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the silica analyzer market.

Major industry players profiled as part of the report are ABB, Hach, SPX Corporation, and Thermo Fischer Scientific among others.

Segmentation

The silica analyzer market has been analyzed through following segments:

By Type

Portable
Fixed

By Application

Water Purification
Semiconductor Manufacturing
Power Generation
Others

By Geography

North America
South America
Europe
Middle East and Africa
Asia Pacific