Liquid Analytical Instrument Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Component:

Based on the component, the market is segmented into sensors, transmitters, refractometers, and others.

Trends in the Component:

• The trend towards miniaturization of sensors to adapt compact and portable devices is driving the sensor component segment progress.
• The trend toward improving signal processing and communication is driving the adoption of digital transmitters which in turn is boosting the market progress.

The sensors accounted for the largest revenue share of 45.38% in the year 2024 and is anticipated to register the fastest CAGR during the forecast period.

• The sensor component of the liquid analytical instrument comprises of chlorine sensors, PH sensors, dissolved oxygen sensors, conductive sensors, hardness sensors, redox/oxygen sensors, turbidity sensors each designed for specific task involved in the analysis.
• Further, the rising need for real time monitoring in industries such as wastewater treatment, pharmaceuticals and food & beverages is driving the progress of sensors segment which in turn is boosting liquid analytical instrument market share.
• Furthermore, the increasing focus towards sustainability is propelling manufacturers to adopt sensors which easily be integrated into existing systems, providing future-proof liquid analysis which in turn is driving liquid analytical instrument market share.
• For instance, in June 2021, Endress+Hauser launched Memosens 2.0 sensors for providing real time data related temperatures, measured values, calibration, and load matrices.
• Thus, according to the liquid analytical instrument market analysis, increasing focus towards sustainability and rising need for real time monitoring in industries is driving the sensor component.

By Application:

Based on the application, the market is segmented into drug discovery, wastewater management, liquid chemistry monitoring, water purification and others.

Trends in the Application:

• The rising adoption in refineries and petrochemical for real time chemical analysis is driving the liquid analytical instrument market trend.
• The increasing adoption of liquid analyzer in industrial wastewater treatment plants is driving the liquid analytical instrument market trend.

Wastewater management accounted for the largest revenue share in the year 2024.

• Liquid analyzer is used for monitoring process chemistry including water quality, providing process optimization and control.
• Moreover, increasing focus towards safe drinking water is propelling the adoption of liquid analyzers in wastewater management application which in turn drives the liquid analytical instrument market size.
• Further, the stringent environmental rules and regulations to control water pollution are driving the need for liquid analyzer which in turn is driving the market progress which in turn drives the liquid analytical instrument market size.
• For instance, in May 2024, according to the World Bank Group, lack of access to safe drinking water and rising need for safely managed sanitation facilities significantly reduces infectious diseases contribute to 1.4 million annual deaths and 50% of global malnutrition.
• Thus, according to the liquid analytical instrument market analysis, stringent environmental rules and regulations and increasing focus towards safe drinking water is driving the adoption of liquid analyzer in wastewater management application.

Drug discovery is anticipated to register the fastest CAGR during the forecast period.

• The rising investment in R&D for drug discovery is driving the need for liquid analyzers, which in turn is boosting the liquid analytical instrument industry.
• Moreover, the rising need of liquid analyzer in the development and production phase in biopharmaceuticals is driving the market progress.
• Further, the integration of AI and ML into liquid analyzer used in the drug discovery is driving the market progress.
• Therefore, as per the market analysis, the rising need in biopharmaceuticals and rising investment in R&D for drug discovery are anticipated to boost the market during the forecast period.

By End-User:

Based on the end-user, the market is segmented into oil & gas, pharmaceuticals, food & beverages, chemical, energy & utility and others.

Trends in the End-User:

• The trend towards automation is propelling the adoption of liquid analyzer in the oil & gas sector which in turn is driving the market progress.
• The trend towards growing drug discovery and biopharmaceutical applications is driving the adoption of liquid analyzers in pharmaceutical sector which in turn is boosting market development.

The food & beverages sector accounted for the largest revenue share in the year 2024.

• The stringent safety and quality control rules and regulation in the food & beverages sector are propelling the progress of market across the globe.
• Liquid analyzer helps to optimize real time data for improving efficiency and reduce waste is driving the market progress.
• Further, the government support towards expanding food & beverages sector is paving the way for the progress of market.
• For instance, according to IBEF, under PMFME of India, government have approved 92,549 micro food processing enterprises, 41 mega food parks, 399 cold chain projects among others which in turn is driving the need for liquid analyzers in the food & beverages sector.
• Thus, government support towards expanding food & beverages sector and stringent safety and quality control rules and regulation is driving the market development.

The pharmaceutical sector is anticipated to register the fastest CAGR during the forecast period.

• Liquid analyzers are used for measuring pH, conductivity, dissolved oxygen, turbidity and more in the pharmaceutical sector.
• Further, stringent rules and regulations from FDA and EMA for quality control are driving the adoption of liquid analyzers.
• Furthermore, analyzers help in process optimization as well as improve production yield which in turn boosts the need for analyzers in the pharmaceutical manufacturing industries.
• For instance, according to IBEF, Indian pharma market recorded y-o-y of 5%, reaching USD 49.78 billion. Additionally, export of drugs & pharmaceuticals increased 7.11% from September 2023 to September 2024.
• Therefore, the need for process optimization as well as to improve production yield and stringent rules and regulations from FDA and EMA are anticipated to boost the market during the forecast period.