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Power Quality Equipment Market by Equipment (UPS, Harmonic Filters, Surge Protection Devices, Voltage Regulators, Static VAR compensators, Power Quali...

Publisher:        MarketsandMarkets

# of Pages:        241

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Publication Date:  May, 2021

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1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 DEFINITION 30
1.3 INCLUSIONS AND EXCLUSIONS 31
1.3.1 POWER QUALITY EQUIPMENT MARKET, BY END USER:
INCLUSIONS AND EXCLUSIONS 31
1.4 MARKET SCOPE 31
1.4.1 POWER QUALITY EQUIPMENT MARKET SEGMENTATION 31
1.4.2 GEOGRAPHIC SCOPE 32
1.5 YEARS CONSIDERED 32
1.6 CURRENCY 32
1.7 LIMITATIONS 33
1.8 STAKEHOLDERS 33
1.9 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 1 POWER QUALITY EQUIPMENT MARKET: RESEARCH DESIGN 35
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 2 DATA TRIANGULATION METHODOLOGY 36
2.2.1 SECONDARY DATA 36
2.2.1.1 Key data from secondary sources 37
2.2.2 PRIMARY DATA 37
2.2.2.1 Key data from primary sources 37
2.2.2.2 Breakdown of primaries 38
2.3 SCOPE 39
2.4 MARKET SIZE ESTIMATION 39
2.4.1 BOTTOM-UP APPROACH 39
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 40
2.4.2 TOP-DOWN APPROACH 40
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 41
2.4.3 DEMAND-SIDE ANALYSIS 42
FIGURE 5 MAIN METRICS CONSIDERED FOR ANALYZING AND ASSESSING
DEMAND FOR POWER QUALITY EQUIPMENT 42
2.4.3.1 Demand-side calculations 42
2.4.3.2 Assumptions for demand-side analysis 43
2.4.4 SUPPLY-SIDE ANALYSIS 44
FIGURE 6 MAIN METRICS CONSIDERED FOR ASSESSING DEMAND OF POWER
QUALITY EQUIPMENT MARKET 44
FIGURE 7 POWER QUALITY EQUIPMENT MARKET: SUPPLY-SIDE ANALYSIS 45
2.4.4.1 Supply-side calculations 45
2.4.4.2 Assumptions for supply side 45
2.4.5 FORECAST 46
3 EXECUTIVE SUMMARY 47
TABLE 1 POWER QUALITY EQUIPMENT MARKET SNAPSHOT 48
FIGURE 8 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF POWER QUALITY EQUIPMENT MARKET IN 2020 49
FIGURE 9 THREE PHASE SEGMENT TO LEAD POWER QUALITY EQUIPMENT MARKET FROM 2021–2026 49
FIGURE 10 UNINTERRUPTABLE POWER SUPPLIES SEGMENT TO LEAD POWER QUALITY EQUIPMENT MARKET FROM 2021 TO 2026 50
FIGURE 11 INDUSTRIAL AND MANUFACTURING SEGMENT TO HOLD LARGEST SIZE
OF POWER QUALITY EQUIPMENT MARKET FROM 2021 TO 2026 51
4 PREMIUM INSIGHTS 52
4.1 ATTRACTIVE OPPORTUNITIES IN POWER QUALITY EQUIPMENT MARKET 52
FIGURE 12 INCREASING INVESTMENTS FOR UPGRADING AGING INDUSTRIAL INFRASTRUCTURES TO DRIVE GROWTH OF POWER QUALITY EQUIPMENT MARKET FROM 2021 TO 2026 52
4.2 POWER QUALITY EQUIPMENT MARKET, BY REGION 53
FIGURE 13 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC TO GROW
AT HIGHEST CAGR FROM 2021 TO 2026 53
4.3 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY END USER AND COUNTRY 53
FIGURE 14 INDUSTRIAL AND MANUFACTURING SEGMENT AND US HELD LARGEST SHARES OF POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA
IN 2020 53
4.4 POWER QUALITY EQUIPMENT MARKET, BY PHASE 54
FIGURE 15 THREE PHASE SEGMENT TO ACCOUNT FOR LARGE SHARE OF POWER
QUALITY EQUIPMENT MARKET IN 2026 54
4.5 POWER QUALITY EQUIPMENT MARKET, BY EQUIPMENT 54
FIGURE 16 UNINTERRUPTABLE POWER SUPPLIES SEGMENT TO ACCOUNT FOR
LARGEST SHARE OF POWER QUALITY EQUIPMENT MARKET IN 2026 54
4.6 POWER QUALITY EQUIPMENT MARKET, BY END USER 55
FIGURE 17 INDUSTRIAL AND MANUFACTURING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF POWER QUALITY EQUIPMENT MARKET IN 2026 55
5 MARKET OVERVIEW 56
5.1 INTRODUCTION 56
5.2 COVID-19 HEALTH ASSESSMENT 56
FIGURE 18 COVID-19 GLOBAL PROPAGATION 57
FIGURE 19 COVID-19 PROPAGATION IN SELECTED COUNTRIES 57
5.3 ROAD TO RECOVERY 58
FIGURE 20 RECOVERY ROAD FOR 2020 AND 2021 58
5.4 COVID-19 ECONOMIC ASSESSMENT 59
FIGURE 21 REVISED GDP FOR SELECT G20 COUNTRIES IN 2020 59
5.5 MARKET DYNAMICS 60
FIGURE 22 POWER QUALITY EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
5.5.1 DRIVERS 60
5.5.1.1 Maximizing cost and energy savings 60
FIGURE 23 GLOBAL INVESTMENTS IN ELECTRICITY NETWORKS FROM 2012 TO 2019 61
5.5.1.2 Enhancing power quality to reduce overall carbon footprint 61
5.5.2 RESTRAINTS 61
5.5.2.1 Frequent switching of heavy loads connected to power networks 61
5.5.2.2 High costs of high-end power quality equipment 62
5.5.3 OPPORTUNITIES 62
5.5.3.1 Increasing adoption of smart grid technologies worldwide 62
5.5.3.2 Integrating variable renewable energy with power grids 62
FIGURE 24 GLOBAL INVESTMENTS IN RENEWABLE ENERGY CAPACITY,
2009–2019 (USD BILLION) 63
5.5.4 CHALLENGES 63
5.5.4.1 Increasing use of nonlinear equipment across the world 63
5.5.4.2 Supply chain disruptions caused by spread of COVID-19 63
5.6 TRENDS 64
5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR POWER QUALITY EQUIPMENT MANUFACTURERS 64
FIGURE 25 REVENUE SHIFT FOR POWER QUALITY EQUIPMENT 64
5.7 AVERAGE SELLING PRICES 65
FIGURE 26 AVERAGE SELLING PRICES OF SURGE ARRESTERS 65
5.8 MARKET MAP 65
FIGURE 27 POWER QUALITY EQUIPMENT MARKET MAP 65
TABLE 2 POWER QUALITY EQUIPMENT MARKET: ROLE IN ECOSYSTEM 66
5.9 TRADE DATA STATISTICS 66
TABLE 3 COUNTRY-WISE IMPORTS OF ELECTRICAL APPARATUSES, LIGHTNING ARRESTERS, VOLTAGE LIMITERS, AND SURGE SUPPRESSORS
(FOR VOLTAGE EXCEEDING 1,000 V), 2018–2020 (USD) 66
TABLE 4 COUNTRY-WISE EXPORTS OF ELECTRICAL APPARATUSES, LIGHTNING ARRESTERS, VOLTAGE LIMITERS, AND SURGE SUPPRESSORS
(FOR VOLTAGE EXCEEDING 1,000 V), 2018–2020 (USD) 67
5.10 VALUE CHAIN ANALYSIS 67
FIGURE 28 POWER QUALITY EQUIPMENT VALUE CHAIN ANALYSIS 67
5.10.1 RAW MATERIAL PROVIDERS/SUPPLIERS 68
5.10.2 COMPONENT MANUFACTURERS 68
5.10.3 POWER QUALITY EQUIPMENT MANUFACTURERS/ASSEMBLERS 68
5.10.4 DISTRIBUTORS/END USERS 68
5.10.5 POST-SALES SERVICES 68
 
5.11 TECHNOLOGY ANALYSIS 68
5.11.1 POWER QUALITY EQUIPMENT BASED ON DIFFERENT TECHNOLOGIES 68
5.12 POWER QUALITY EQUIPMENT: CODES AND REGULATIONS 69
TABLE 5 POWER QUALITY EQUIPMENT: CODES AND REGULATIONS 69
5.13 INNOVATIONS AND PATENT REGISTRATIONS 71
TABLE 6 POWER QUALITY EQUIPMENT: INNOVATIONS AND PATENT REGISTRATIONS, NOVEMBER 2016–MARCH 2021 71
5.14 PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 29 PORTER’S FIVE FORCES ANALYSIS FOR POWER QUALITY EQUIPMENT MARKET 72
TABLE 7 POWER QUALITY EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 73
5.14.1 THREAT OF SUBSTITUTES 73
5.14.2 BARGAINING POWER OF SUPPLIERS 73
5.14.3 BARGAINING POWER OF BUYERS 73
5.14.4 THREAT OF NEW ENTRANTS 74
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 74
5.15 CASE STUDY ANALYSIS 75
TABLE 8 POWER QUALITY EQUIPMENT: CASE STUDY ANALYSIS 75
6 POWER QUALITY EQUIPMENT MARKET, BY EQUIPMENT 76
6.1 INTRODUCTION 77
FIGURE 30 POWER QUALITY EQUIPMENT MARKET SHARE, BY EQUIPMENT, 2020 (%) 77
TABLE 9 POWER QUALITY EQUIPMENT MARKET, BY EQUIPMENT,
2015–2018 (USD BILLION) 78
TABLE 10 POWER QUALITY EQUIPMENT MARKET, BY EQUIPMENT,
2019–2026 (USD BILLION) 78
6.2 SURGE ARRESTERS 79
6.2.1 PROTECTION OFFERED BY SURGE ARRESTERS TO ELECTRICAL EQUIPMENT FROM TRANSIENTS DRIVES MARKET GROWTH 79
TABLE 11 POWER QUALITY EQUIPMENT MARKET FOR SURGE ARRESTERS, BY REGION, 2015–2018 (USD MILLION) 79
TABLE 12 POWER QUALITY EQUIPMENT MARKET FOR SURGE ARRESTERS, BY REGION, 2019–2026 (USD MILLION) 80
6.3 SURGE PROTECTION DEVICES 80
6.3.1 PREVENTION OF DOWNTIME CAUSED BY EQUIPMENT MALFUNCTIONING USING SURGE PROTECTION DEVICES 80
TABLE 13 POWER QUALITY EQUIPMENT MARKET FOR SURGE PROTECTION DEVICES,
BY REGION, 2015–2018 (USD MILLION) 81
TABLE 14 POWER QUALITY EQUIPMENT MARKET FOR SURGE PROTECTION DEVICES,
BY REGION, 2019–2026 (USD MILLION) 81
6.4 STATIC VAR COMPENSATORS 81
6.4.1 ENHANCED POWER PLANT RELIABILITY OFFERED BY STATIC VAR COMPENSATORS FOR INCREASED PRODUCTIVITY 81
TABLE 15 POWER QUALITY EQUIPMENT MARKET FOR STATIC VAR COMPENSATORS,
BY REGION, 2015–2018 (USD MILLION) 82
TABLE 16 POWER QUALITY EQUIPMENT MARKET FOR STATIC VAR COMPENSATORS,
BY REGION, 2019–2026 (USD MILLION) 82
6.5 SYNCHRONOUS CONDENSERS 83
6.5.1 REQUIREMENT OF INCREASED GRID STABILITY TO DRIVE DEMAND
FOR SYNCHRONOUS CONDENSERS 83
TABLE 17 POWER QUALITY EQUIPMENT MARKET FOR SYNCHRONOUS CONDENSERS, BY REGION, 2015–2018 (USD MILLION) 83
TABLE 18 POWER QUALITY EQUIPMENT MARKET FOR SYNCHRONOUS CONDENSERS, BY REGION, 2019–2026 (USD MILLION) 83
6.6 VOLTAGE REGULATORS 84
6.6.1 MAINTENANCE OF RELIABLE POWER SUPPLY FOR END USERS
TO CONTRIBUTE TO DEMAND FOR VOLTAGE REGULATORS 84
TABLE 19 POWER QUALITY EQUIPMENT MARKET FOR VOLTAGE REGULATORS,
BY REGION, 2015–2018 (USD MILLION) 84
TABLE 20 POWER QUALITY EQUIPMENT MARKET FOR VOLTAGE REGULATORS,
BY REGION, 2019–2026 (USD MILLION) 84
6.7 POWER QUALITY METERS 85
6.7.1 REAL-TIME ANALYSIS OF POWER QUALITY TO DRIVE DEMAND FOR
POWER QUALITY METERS 85
TABLE 21 POWER QUALITY EQUIPMENT MARKET FOR POWER QUALITY METERS,
BY REGION, 2015–2018 (USD MILLION) 85
TABLE 22 POWER QUALITY EQUIPMENT MARKET FOR POWER QUALITY METERS,
BY REGION, 2019–2026 (USD MILLION) 86
6.8 SOLID OXIDE FUEL CELLS 86
6.8.1 FUEL FLEXIBILITY AND INCREASED DEMAND FOR ENERGY-EFFICIENT
POWER GENERATION TO DRIVE MARKET GROWTH 86
TABLE 23 POWER QUALITY EQUIPMENT MARKET FOR SOLID OXIDE FUEL CELLS,
BY REGION, 2015–2018 (USD MILLION) 86
TABLE 24 POWER QUALITY EQUIPMENT MARKET FOR SOLID OXIDE FUEL CELLS,
BY REGION, 2019–2026 (USD MILLION) 87
6.9 DIGITAL STATIC TRANSFER SWITCHES 87
6.9.1 FOCUS ON ACHIEVING RELIABLE POWER SUPPLY TO FUEL DEMAND
FOR DIGITAL STATIC TRANSFER SWITCHES 87
TABLE 25 POWER QUALITY EQUIPMENT MARKET FOR DIGITAL STATIC TRANSFER SWITCHES, BY REGION, 2015–2018 (USD MILLION) 88
TABLE 26 POWER QUALITY EQUIPMENT MARKET FOR DIGITAL STATIC TRANSFER SWITCHES, BY REGION, 2019–2026 (USD MILLION) 88
6.10 UNINTERRUPTABLE POWER SUPPLIES 88
6.10.1 REQUIREMENT OF CONTINUOUS POWER SUPPLY IN DIFFERENT INDUSTRIES TO LEAD TO RISEN DEMAND FOR UNINTERRUPTABLE POWER SUPPLIES 88
TABLE 27 POWER QUALITY EQUIPMENT MARKET FOR UNINTERRUPTABLE POWER SUPPLIES, BY REGION, 2015–2018 (USD MILLION) 89
TABLE 28 POWER QUALITY EQUIPMENT MARKET FOR UNINTERRUPTABLE POWER SUPPLIES, BY REGION, 2019–2026 (USD MILLION) 89
6.11 ISOLATION TRANSFORMERS 90
6.11.1 ABILITY OF ISOLATION TRANSFORMERS TO ISOLATE SENSITIVE EQUIPMENT FROM TRANSIENTS AND NOISE TO DRIVE THEIR DEMAND 90
TABLE 29 POWER QUALITY EQUIPMENT MARKET FOR ISOLATION TRANSFORMERS,
BY REGION, 2015–2018 (USD MILLION) 90
TABLE 30 POWER QUALITY EQUIPMENT MARKET FOR ISOLATION TRANSFORMERS,
BY REGION, 2019–2026 (USD MILLION) 90
6.12 HARMONIC FILTERS 91
6.12.1 SAFETY OF ELECTRICAL EQUIPMENT FROM HIGH VOLTAGE OR CURRENT
TO CONTRIBUTE TO DEMAND FOR HARMONIC FILTERS 91
TABLE 31 POWER QUALITY EQUIPMENT MARKET FOR HARMONIC FILTERS, BY REGION, 2015–2018 (USD MILLION) 91
TABLE 32 POWER QUALITY EQUIPMENT MARKET FOR HARMONIC FILTERS, BY REGION, 2019–2026 (USD MILLION) 92
6.13 POWER CONDITIONING UNITS 92
6.13.1 USE OF POWER CONDITIONING UNITS FOR OUTPUT VOLTAGE REGULATION, LOAD ISOLATION, AND ELECTRICAL NOISE ATTENUATION TO FUEL THEIR DEMAND 92
TABLE 33 POWER QUALITY EQUIPMENT MARKET FOR POWER CONDITIONING UNITS,
BY REGION, 2015–2018 (USD MILLION) 92
TABLE 34 POWER QUALITY EQUIPMENT MARKET FOR POWER CONDITIONING UNITS,
BY REGION, 2019–2026 (USD MILLION) 93
6.14 POWER DISTRIBUTION UNITS 93
6.14.1 FOCUS ON DETECTING ABNORMAL CONDITIONS OF ELECTRICAL POWER IN DATA CENTERS TO CONTRIBUTE TO DEMAND FOR POWER DISTRIBUTION UNITS 93
TABLE 35 POWER QUALITY EQUIPMENT MARKET FOR POWER DISTRIBUTION UNITS,
BY REGION, 2015–2018 (USD MILLION) 94
TABLE 36 POWER QUALITY EQUIPMENT MARKET FOR POWER DISTRIBUTION UNITS,
BY REGION, 2019–2026 (USD MILLION) 94
7 POWER QUALITY EQUIPMENT MARKET, BY PHASE 95
7.1 INTRODUCTION 96
FIGURE 31 THREE PHASE SEGMENT ACCOUNTED FOR LARGE SHARE OF POWER QUALITY EQUIPMENT MARKET IN 2020 96
TABLE 37 POWER QUALITY EQUIPMENT MARKET, BY PHASE,
2015–2018 (USD BILLION) 96
TABLE 38 POWER QUALITY EQUIPMENT MARKET, BY PHASE,
2019–2026 (USD BILLION) 96
7.2 SINGLE PHASE 97
7.2.1 REQUIREMENT TO MONITOR LOW POWER LOAD ELECTRICAL AND ELECTRONICS EQUIPMENT TO DRIVE MARKET GROWTH 97
TABLE 39 SINGLE-PHASE POWER QUALITY EQUIPMENT MARKET, BY REGION,
2015–2018 (USD MILLION) 97
TABLE 40 SINGLE-PHASE POWER QUALITY EQUIPMENT MARKET, BY REGION,
2019–2026 (USD MILLION) 97
7.3 THREE PHASE 98
7.3.1 INCREASE IN DEMAND FOR ENERGY-EFFICIENT PRODUCTS TO FUEL
GROWTH OF THREE-PHASE POWER QUALITY EQUIPMENT MARKET 98
TABLE 41 THREE-PHASE POWER QUALITY EQUIPMENT MARKET, BY REGION,
2015–2018 (USD MILLION) 98
TABLE 42 THREE-PHASE POWER QUALITY EQUIPMENT MARKET, BY REGION,
2019–2026 (USD MILLION) 99
8 POWER QUALITY EQUIPMENT MARKET, BY END USER 100
8.1 INTRODUCTION 101
FIGURE 32 POWER QUALITY EQUIPMENT MARKET SHARE, BY END USER, 2020 (%) 101
TABLE 43 POWER QUALITY EQUIPMENT MARKET, BY END USER,
2015–2018 (USD BILLION) 101
TABLE 44 POWER QUALITY EQUIPMENT MARKET, BY END USER,
2019–2026 (USD BILLION) 101
8.2 INDUSTRIAL AND MANUFACTURING 102
8.2.1 REQUIREMENT OF UNINTERRUPTED POWER DELIVERY TO DIFFERENT EQUIPMENT AND THEIR PROTECTION FROM EXTERNAL SURGES
TO DRIVE MARKET GROWTH 102
TABLE 45 POWER QUALITY EQUIPMENT MARKET FOR INDUSTRIAL AND MANUFACTURING, BY REGION, 2015–2018 (USD MILLION) 102
TABLE 46 POWER QUALITY EQUIPMENT MARKET FOR INDUSTRIAL AND MANUFACTURING, BY REGION, 2019–2026 (USD MILLION) 103
8.3 COMMERCIAL 103
8.3.1 NEED OF RELIABLE POWER QUALITY FOR COMMERCIAL END USERS
TO FUEL MARKET GROWTH 103
TABLE 47 POWER QUALITY EQUIPMENT MARKET FOR COMMERCIAL, BY REGION, 2015–2018 (USD MILLION) 103
TABLE 48 POWER QUALITY EQUIPMENT MARKET FOR COMMERCIAL, BY REGION, 2019–2026 (USD MILLION) 104
8.4 UTILITIES 104
8.4.1 DEMAND FOR RELIABLE AND CONTINUOUS POWER SUPPLY FROM
UTILITIES TO CONTRIBUTE TO MARKET GROWTH 104
TABLE 49 POWER QUALITY EQUIPMENT MARKET FOR UTILITIES, BY REGION,
2015–2018 (USD MILLION) 105
TABLE 50 POWER QUALITY EQUIPMENT MARKET FOR UTILITIES, BY REGION,
2019–2026 (USD MILLION) 105
8.5 TRANSPORTATION 106
8.5.1 INVESTMENTS IN RAILWAY ELECTRIFICATION AND NEW METRO RAIL PROJECTS TO FUEL MARKET GROWTH 106
TABLE 51 POWER QUALITY EQUIPMENT MARKET FOR TRANSPORTATION, BY REGION, 2015–2018 (USD MILLION) 106
TABLE 52 POWER QUALITY EQUIPMENT MARKET FOR TRANSPORTATION, BY REGION, 2019–2026 (USD MILLION) 106
8.6 RESIDENTIAL 107
8.6.1 INFRASTRUCTURAL DEVELOPMENTS WORLDWIDE TO FUEL DEMAND
FOR POWER QUALITY EQUIPMENT 107
TABLE 53 POWER QUALITY EQUIPMENT MARKET FOR RESIDENTIAL, BY REGION,
2015–2018 (USD MILLION) 107
TABLE 54 POWER QUALITY EQUIPMENT MARKET FOR RESIDENTIAL, BY REGION,
2019–2026 (USD MILLION) 108
9 GEOGRAPHIC ANALYSIS 109
9.1 INTRODUCTION 110
FIGURE 33 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC TO GROW
AT HIGHEST CAGR FROM 2021 TO 2026 110
FIGURE 34 POWER QUALITY EQUIPMENT MARKET SHARE, BY REGION, 2020 (%) 110
TABLE 55 POWER QUALITY EQUIPMENT MARKET, BY REGION,
2015–2018 (USD BILLION) 111
TABLE 56 POWER QUALITY EQUIPMENT MARKET, BY REGION,
2019–2026 (USD BILLION) 111
9.2 ASIA PACIFIC 111
FIGURE 35 SNAPSHOT: POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC 112
TABLE 57 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY EQUIPMENT, 2015–2018 (USD MILLION) 113
TABLE 58 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY EQUIPMENT, 2019–2026 (USD MILLION) 113
TABLE 59 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY PHASE,
2015–2018 (USD MILLION) 114
TABLE 60 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY PHASE,
2019–2026 (USD MILLION) 114
TABLE 61 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY END USER,
2015–2018 (USD MILLION) 114
TABLE 62 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY END USER,
2019–2026 (USD MILLION) 115
TABLE 63 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY COUNTRY,
2015–2018 (USD MILLION) 115
TABLE 64 POWER QUALITY EQUIPMENT MARKET IN ASIA PACIFIC, BY COUNTRY,
2019–2026 (USD MILLION) 115
9.2.1 CHINA 116
9.2.1.1 Increased investments in renewable energy sector to drive
market growth in China 116
TABLE 65 POWER QUALITY EQUIPMENT MARKET IN CHINA, BY END USER,
2015–2018 (USD MILLION) 116
TABLE 66 POWER QUALITY EQUIPMENT MARKET IN CHINA, BY END USER,
2019–2026 (USD MILLION) 117
9.2.2 INDIA 117
9.2.2.1 Surged need for strong transmission infrastructures to meet bulk power transfer requirements to fuel demand for power quality equipment in India 117
TABLE 67 POWER QUALITY EQUIPMENT MARKET IN INDIA, BY END USER,
2015–2018 (USD MILLION) 118
TABLE 68 POWER QUALITY EQUIPMENT MARKET IN INDIA, BY END USER,
2019–2026 (USD MILLION) 118
9.2.3 JAPAN 119
9.2.3.1 Increased number of projects pertaining to power transmission and distribution networks and renewable energy generation to drive market growth in Japan 119
TABLE 69 POWER QUALITY EQUIPMENT MARKET IN JAPAN, BY END USER,
2015–2018 (USD MILLION) 119
TABLE 70 POWER QUALITY EQUIPMENT MARKET IN JAPAN, BY END USER,
2019–2026 (USD MILLION) 120
9.2.4 REST OF ASIA PACIFIC 120
TABLE 71 POWER QUALITY EQUIPMENT MARKET IN REST OF ASIA PACIFIC,
BY END USER, 2015–2018 (USD MILLION) 121
TABLE 72 POWER QUALITY EQUIPMENT MARKET IN REST OF ASIA PACIFIC,
BY END USER, 2019–2026 (USD MILLION) 121
9.3 NORTH AMERICA 122
FIGURE 36 SNAPSHOT: POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA 122
TABLE 73 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY EQUIPMENT, 2015–2018 (USD MILLION) 123
TABLE 74 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY EQUIPMENT, 2019–2026 (USD MILLION) 123
TABLE 75 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY PHASE, 2015–2018 (USD MILLION) 124
TABLE 76 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY PHASE, 2019–2026 (USD MILLION) 124
TABLE 77 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY END USER, 2015–2018 (USD MILLION) 124
TABLE 78 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY END USER, 2019–2026 (USD MILLION) 125
TABLE 79 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2015–2018 (USD MILLION) 125
TABLE 80 POWER QUALITY EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 125
9.3.1 US 126
9.3.1.1 Large-scale investments to improve grid reliability in US to fuel market growth 126
TABLE 81 POWER QUALITY EQUIPMENT MARKET IN US, BY END USER,
2015–2018 (USD MILLION) 127
TABLE 82 POWER QUALITY EQUIPMENT MARKET IN US, BY END USER,
2019–2026 (USD MILLION) 127
9.3.2 CANADA 127
9.3.2.1 Significant investments in restructuring existing electricity infrastructure in Canada to contribute to market growth 127
TABLE 83 POWER QUALITY EQUIPMENT MARKET IN CANADA, BY END USER,
2015–2018 (USD MILLION) 128
TABLE 84 POWER QUALITY EQUIPMENT MARKET IN CANADA, BY END USER,
2019–2026 (USD MILLION) 128
9.3.3 MEXICO 129
9.3.3.1 Growth in manufacturing and industrial sectors to lead to demand for power quality equipment in Mexico 129
TABLE 85 POWER QUALITY EQUIPMENT MARKET IN MEXICO, BY END USER,
2015–2018 (USD MILLION) 129
TABLE 86 POWER QUALITY EQUIPMENT MARKET IN MEXICO, BY END USER,
2019–2026 (USD MILLION) 130
9.4 EUROPE 130
TABLE 87 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY EQUIPMENT,
2015–2018 (USD MILLION) 131
TABLE 88 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY EQUIPMENT,
2019–2026 (USD MILLION) 131
TABLE 89 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY PHASE,
2015–2018 (USD MILLION) 132
TABLE 90 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY PHASE,
2019–2026 (USD MILLION) 132
TABLE 91 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY END USER,
2015–2018 (USD MILLION) 132
TABLE 92 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY END USER,
2019–2026 (USD MILLION) 133
TABLE 93 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY COUNTRY,
2015–2018 (USD MILLION) 133
TABLE 94 POWER QUALITY EQUIPMENT MARKET IN EUROPE, BY COUNTRY,
2019–2026 (USD MILLION) 133
9.4.1 UK 134
9.4.1.1 Increased transmission and distribution investments and implementation of Industry 4.0 to fuel market growth in UK 134
TABLE 95 POWER QUALITY EQUIPMENT MARKET IN UK, BY END USER,
2015–2018 (USD MILLION) 134
TABLE 96 POWER QUALITY EQUIPMENT MARKET IN UK, BY END USER,
2019–2026 (USD MILLION) 135
9.4.2 GERMANY 135
9.4.2.1 Flourished manufacturing industry and planned investments for renewable energy generation to drive market growth in Germany 135
TABLE 97 POWER QUALITY EQUIPMENT MARKET IN GERMANY, BY END USER,
2015–2018 (USD MILLION) 136
TABLE 98 POWER QUALITY EQUIPMENT MARKET IN GERMANY, BY END USER,
2019–2026 (USD MILLION) 136
9.4.3 FRANCE 137
9.4.3.1 Large-scale grid investments and growth of manufacturing
industry to fuel power quality equipment market in France 137
TABLE 99 POWER QUALITY EQUIPMENT MARKET IN FRANCE, BY END USER,
2015–2018 (USD MILLION) 137
TABLE 100 POWER QUALITY EQUIPMENT MARKET IN FRANCE, BY END USER,
2019–2026 (USD MILLION) 138
9.4.4 ITALY 138
9.4.4.1 Achievement of renewable energy targets to fuel market
growth in Italy 138
TABLE 101 POWER QUALITY EQUIPMENT MARKET IN ITALY, BY END USER,
2015–2018 (USD MILLION) 138
TABLE 102 POWER QUALITY EQUIPMENT MARKET IN ITALY, BY END USER,
2019–2026 (USD MILLION) 139
9.4.5 REST OF EUROPE 139
TABLE 103 POWER QUALITY EQUIPMENT MARKET IN REST OF EUROPE, BY END USER, 2015–2018 (USD MILLION) 140
TABLE 104 POWER QUALITY EQUIPMENT MARKET IN REST OF EUROPE, BY END USER, 2019–2026 (USD MILLION) 140
9.5 MIDDLE EAST AND AFRICA 141
TABLE 105 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY EQUIPMENT, 2015–2018 (USD MILLION) 141
TABLE 106 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY EQUIPMENT, 2019–2026 (USD MILLION) 142
TABLE 107 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY PHASE, 2015–2018 (USD MILLION) 142
TABLE 108 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY PHASE, 2019–2026 (USD MILLION) 142
TABLE 109 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY END USER, 2015–2018 (USD MILLION) 143
TABLE 110 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY END USER, 2019–2026 (USD MILLION) 143
TABLE 111 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY COUNTRY, 2015–2018 (USD MILLION) 143
TABLE 112 POWER QUALITY EQUIPMENT MARKET IN MIDDLE EAST AND AFRICA,
BY COUNTRY, 2019–2026 (USD MILLION) 144
9.5.1 SAUDI ARABIA 144
9.5.1.1 Significant transmission and distribution investments in Saudi Arabia to meet increased electricity demand to drive market growth 144
TABLE 113 POWER QUALITY EQUIPMENT MARKET IN SAUDI ARABIA, BY END USER, 2015–2018 (USD MILLION) 145
TABLE 114 POWER QUALITY EQUIPMENT MARKET IN SAUDI ARABIA, BY END USER, 2019–2026 (USD MILLION) 145
9.5.2 UAE 146
9.5.2.1 Increased focus on completion of renewable energy projects to contribute to market growth in UAE 146
TABLE 115 POWER QUALITY EQUIPMENT MARKET IN UAE, BY END USER,
2015–2018 (USD MILLION) 146
TABLE 116 POWER QUALITY EQUIPMENT MARKET IN UAE, BY END USER,
2019–2026 (USD MILLION) 147
9.5.3 KUWAIT 147
9.5.3.1 Surged infrastructure investments to drive demand for power
quality equipment in Kuwait 147
TABLE 117 POWER QUALITY EQUIPMENT MARKET IN KUWAIT, BY END USER,
2015–2018 (USD MILLION) 148
TABLE 118 POWER QUALITY EQUIPMENT MARKET IN KUWAIT, BY END USER,
2019–2026 (USD MILLION) 148
9.5.4 QATAR 148
9.5.4.1 Risen power consumption in Qatar to fuel demand for power
quality equipment 148
TABLE 119 POWER QUALITY EQUIPMENT MARKET IN QATAR, BY END USER,
2015–2018 (USD MILLION) 149
TABLE 120 POWER QUALITY EQUIPMENT MARKET IN QATAR, BY END USER,
2019–2026 (USD MILLION) 149
9.5.5 SOUTH AFRICA 149
9.5.5.1 Increased investments in 10-year development plan proposed by Eskom to contribute to market growth in South Africa 149
TABLE 121 POWER QUALITY EQUIPMENT MARKET IN SOUTH AFRICA, BY END USER, 2015–2018 (USD MILLION) 150
TABLE 122 POWER QUALITY EQUIPMENT MARKET IN SOUTH AFRICA, BY END USER, 2019–2026 (USD MILLION) 150
9.5.6 REST OF MIDDLE EAST AND AFRICA 151
TABLE 123 POWER QUALITY EQUIPMENT MARKET IN REST OF MIDDLE EAST AND AFRICA, BY END USER, 2015–2018 (USD MILLION) 151
TABLE 124 POWER QUALITY EQUIPMENT MARKET IN REST OF MIDDLE EAST AND AFRICA, BY END USER, 2019–2026 (USD MILLION) 152
9.6 SOUTH AMERICA 152
TABLE 125 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY EQUIPMENT, 2015–2018 (USD MILLION) 153
TABLE 126 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY EQUIPMENT, 2019–2026 (USD MILLION) 153
TABLE 127 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY PHASE,
2015–2018 (USD MILLION) 154
TABLE 128 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY PHASE,
2019–2026 (USD MILLION) 154
TABLE 129 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY END USER, 2015–2018 (USD MILLION) 154
TABLE 130 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY END USER, 2019–2026 (USD MILLION) 155
TABLE 131 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY COUNTRY, 2015–2018 (USD MILLION) 155
TABLE 132 POWER QUALITY EQUIPMENT MARKET IN SOUTH AMERICA, BY COUNTRY, 2019–2026 (USD MILLION) 155
9.6.1 BRAZIL 156
9.6.1.1 Risen focus on grid modernization to meet growing electricity demand to contribute to market growth in Brazil 156
TABLE 133 POWER QUALITY EQUIPMENT MARKET IN BRAZIL, BY END USER,
2015–2018 (USD MILLION) 156
TABLE 134 POWER QUALITY EQUIPMENT MARKET IN BRAZIL, BY END USER,
2019–2026 (USD MILLION) 157
9.6.2 ARGENTINA 157
9.6.2.1 Surged investments in transmission and distribution networks to meet rising electricity demand in Argentina 157
TABLE 135 POWER QUALITY EQUIPMENT MARKET IN ARGENTINA, BY END USER,
2015–2018 (USD MILLION) 158
TABLE 136 POWER QUALITY EQUIPMENT MARKET IN ARGENTINA, BY END USER,
2019–2026 (USD MILLION) 158
9.6.3 VENEZUELA 159
9.6.3.1 Increased government focus on renewable energy generation
to drive demand for power quality equipment in Venezuela 159
TABLE 137 POWER QUALITY EQUIPMENT MARKET IN VENEZUELA, BY END USER,
2015–2018 (USD MILLION) 159
TABLE 138 POWER QUALITY EQUIPMENT MARKET IN VENEZUELA, BY END USER,
2019–2026 (USD MILLION) 159
9.6.4 REST OF SOUTH AMERICA 160
TABLE 139 POWER QUALITY EQUIPMENT MARKET IN REST OF SOUTH AMERICA,
BY END USER, 2015–2018 (USD MILLION) 160
TABLE 140 POWER QUALITY EQUIPMENT MARKET IN REST OF SOUTH AMERICA,
BY END USER, 2019–2026 (USD MILLION) 161
10 COMPETITIVE LANDSCAPE 162
10.1 KEY PLAYERS STRATEGIES 162
TABLE 141 OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS,
JANUARY 2017–APRIL 2021 162
10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS 164
TABLE 142 POWER QUALITY EQUIPMENT MARKET: DEGREE OF COMPETITION 164
FIGURE 37 POWER QUALITY EQUIPMENT MARKET SHARE ANALYSIS, 2019 164
10.3 MARKET EVALUATION FRAMEWORK 165
TABLE 143 MARKET EVALUATION FRAMEWORK 165
10.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS 166
FIGURE 38 TOP FIVE PLAYERS IN POWER QUALITY EQUIPMENT MARKET
FROM 2015 TO 2019 166
10.5 COMPANY EVALUATION QUADRANT 167
10.5.1 STAR 167
10.5.2 PERVASIVE 167
10.5.3 EMERGING LEADER 167
10.5.4 PARTICIPANT 167
FIGURE 39 COMPETITIVE LEADERSHIP MAPPING: POWER QUALITY EQUIPMENT
MARKET, 2019 168
FIGURE 40 EQUIPMENT FOOTPRINT OF COMPANIES 169
TABLE 144 END USER FOOTPRINT OF COMPANIES 170
TABLE 145 REGIONAL FOOTPRINT OF COMPANIES 171
TABLE 146 OVERALL FOOTPRINT OF COMPANIES 172
10.6 COMPETITIVE SCENARIO 173
TABLE 147 POWER QUALITY EQUIPMENT MARKET: PRODUCT LAUNCHES,
MAY 2018–NOVEMBER 2020 173
TABLE 148 POWER QUALITY EQUIPMENT MARKET: DEALS, APRIL 2019– MARCH 2021 175
TABLE 149 POWER QUALITY EQUIPMENT MARKET: OTHER DEVELOPMENTS,
FEBRUARY 2020 177
11 COMPANY PROFILES 178
11.1 KEY PLAYERS 178
(Business and financial overview, Products Offered, Recent Developments, SWOT Analysis, Winning imperatives, Current strategies, Weaknesses and competitive threats, right to win)*
11.1.1 EATON 178
TABLE 150 EATON: COMPANY OVERVIEW 178
FIGURE 41 EATON: COMPANY SNAPSHOT 179
TABLE 151 EATON: PRODUCTS OFFERED 179
TABLE 152 EATON: PRODUCT LAUNCHES, AUGUST 2019–NOVEMBER 2020 181
TABLE 153 EATON: DEALS, FEBRUARY 2020–JANUARY 2021 182
TABLE 154 EATON: OTHER DEVELOPMENTS, FEBRUARY 2020 182
11.1.2 SIEMENS 184
TABLE 155 SIEMENS: COMPANY OVERVIEW 184
FIGURE 42 SIEMENS: COMPANY SNAPSHOT 185
TABLE 156 SIEMENS: PRODUCTS OFFERED 185
TABLE 157 SIEMENS: PRODUCT LAUNCHES, MAY 2018–NOVEMBER 2020 187
TABLE 158 SIEMENS: DEALS, APRIL 2019–MARCH 2021 188
11.1.3 ABB 190
TABLE 159 ABB: COMPANY OVERVIEW 190
FIGURE 43 ABB: COMPANY SNAPSHOT 191
TABLE 160 ABB: PRODUCTS OFFERED 191
TABLE 161 ABB: PRODUCT LAUNCHES, NOVEMBER 2018 193
TABLE 162 ABB: DEALS, FEBRUARY 2020–FEBRUARY 2021 193
TABLE 163 ABB: OTHER DEVELOPMENTS, FEBRUARY 2020 194
11.1.4 SCHNEIDER ELECTRIC 196
TABLE 164 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 196
FIGURE 44 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 197
TABLE 165 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 197
TABLE 166 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES, OCTOBER 2018–
JANUARY 2020 199
11.1.5 GENERAL ELECTRIC 201
TABLE 167 GENERAL ELECTRIC: COMPANY OVERVIEW 201
FIGURE 45 GENERAL ELECTRIC: COMPANY SNAPSHOT 202
TABLE 168 GENERAL ELECTRIC: PRODUCTS OFFERED 202
11.1.6 TOSHIBA 205
TABLE 169 TOSHIBA: COMPANY OVERVIEW 205
FIGURE 46 TOSHIBA: COMPANY SNAPSHOT 206
TABLE 170 TOSHIBA: PRODUCTS OFFERED 207
11.1.7 EMERSON 208
TABLE 171 EMERSON: COMPANY OVERVIEW 208
FIGURE 47 EMERSON: COMPANY SNAPSHOT 209
TABLE 172 EMERSON: PRODUCTS OFFERED 209
11.1.8 LEGRAND 211
TABLE 173 LEGRAND: COMPANY OVERVIEW 211
FIGURE 48 LEGRAND: COMPANY SNAPSHOT 211
TABLE 174 LEGRAND: PRODUCTS OFFERED 212
TABLE 175 LEGRAND: DEALS, MAY 2017–MARCH 2019 213
11.1.9 PILLER POWER SYSTEMS 214
TABLE 176 PILLER POWER SYSTEMS: COMPANY OVERVIEW 214
FIGURE 49 PILLER POWER SYSTEMS: COMPANY SNAPSHOT 215
TABLE 177 PILLER POWER SYSTEMS: PRODUCTS OFFERED 215
TABLE 178 PILLER POWER SYSTEMS: PRODUCT LAUNCHES, JANUARY 2020–
AUGUST 2020 217
TABLE 179 PILLER POWER SYSTEMS: DEALS, JANUARY 2018–APRIL 2021 217
11.1.10 AMETEK POWERVAR 220
TABLE 180 AMETEK POWERVAR: COMPANY OVERVIEW 220
FIGURE 50 AMETEK POWERVAR: COMPANY SNAPSHOT 220
TABLE 181 AMETEK POWERVAR: PRODUCTS OFFERED 221
TABLE 182 AMETEK POWERVAR: PRODUCT LAUNCHES, NOVEMBER 2018 222
TABLE 183 AMETEK POWERVAR: DEALS, NOVEMBER 2020 222
TABLE 184 AMETEK POWERVAR: OTHER DEVELOPMENTS, JUNE 2018 223
11.1.11 ACUMENTRICS 224
TABLE 185 ACUMENTRICS: COMPANY OVERVIEW 224
TABLE 186 ACUMENTRICS: PRODUCTS OFFERED 225
TABLE 187 ACUMENTRICS: DEALS, JUNE 2017 225
TABLE 188 ACUMENTRICS: OTHER DEVELOPMENTS, SEPTEMBER 2020 225
11.1.12 LEVITON MANUFACTURING 226
TABLE 189 LEVITON MANUFACTURING: COMPANY OVERVIEW 226
TABLE 190 LEVITON MANUFACTURING: PRODUCTS OFFERED 226
TABLE 191 LEVITON MANUFACTURING: DEALS, SEPTEMBER 2020– APRIL 2021 227
11.1.13 MTE 228
TABLE 192 MTE: COMPANY OVERVIEW 228
FIGURE 51 MTE: COMPANY SNAPSHOT 228
TABLE 193 MTE: PRODUCTS OFFERED 229
TABLE 194 MTE: PRODUCT LAUNCHES, OCTOBER 2018– MARCH 2020 231
TABLE 195 MTE: OTHER DEVELOPMENTS, JANUARY 2018 231
11.1.14 SOCOMEC 232
TABLE 196 SOCOMEC: COMPANY OVERVIEW 232
TABLE 197 SOCOMEC: PRODUCTS OFFERED 232
TABLE 198 SOCOMEC: PRODUCT LAUNCHES, MARCH 2018–FEBRUARY 2021 234
TABLE 199 SOCOMEC: DEALS, JULY 2018 235
11.1.15 INFINITE ELECTRONICS 236
TABLE 200 INFINITE ELECTRONICS: COMPANY OVERVIEW 236
TABLE 201 INFINITE ELECTRONICS: PRODUCTS OFFERED 237
TABLE 202 INFINITE ELECTRONICS: PRODUCT LAUNCHES, APRIL 2021 237
11.2 OTHER PLAYERS 238
11.2.1 ALPHA POWER SYSTEMS 238
11.2.2 CYBER POWER SYSTEMS 238
11.2.3 DRANETZ TECHNOLOGIES 239
11.2.4 LA MARCHE 239
11.2.5 S&C ELECTRIC 240
*Details on Business and financial overview, Products Offered, Recent Developments, SWOT Analysis, Winning imperatives, Current strategies, Weaknesses and competitive threats, right to win might not be captured in case of unlisted companies.
 
12 APPENDIX 241
12.1 INSIGHTS OF INDUSTRY EXPERTS 241
12.2 DISCUSSION GUIDE 242
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 246
12.4 AVAILABLE CUSTOMIZATIONS 248
12.5 RELATED REPORTS 248
12.6 AUTHOR DETAILS 249

Laboratory Proficiency Testing Market by Industry (Clinical Chemistry, Hematology), Food & Animal Feed (Fish, Vegetable), Commercial Beverage (Alcohol...

Publisher:        MarketsandMarkets

# of Pages:        367

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Publication Date:  March, 2022

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1 INTRODUCTION 43
1.1 OBJECTIVES OF THE STUDY 43
1.2 MARKET DEFINITION 43
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 44
1.3 MARKET SCOPE 44
1.3.1 MARKETS COVERED 44
FIGURE 1 GLOBAL LABORATORY PROFICIENCY TESTING MARKET 45
1.3.2 YEARS CONSIDERED FOR THE STUDY 46
1.4 CURRENCY 46
TABLE 1 STANDARD CURRENCY CONVERSION RATES 46
1.5 LIMITATIONS 47
1.6 STAKEHOLDERS 47
1.7 SUMMARY OF CHANGES 47
2 RESEARCH METHODOLOGY 49
2.1 RESEARCH APPROACH 49
FIGURE 2 RESEARCH DESIGN 49
2.1.1 SECONDARY DATA 50
2.1.1.1 Key data from secondary sources 50
2.1.2 SECONDARY RESEARCH 51
2.1.3 PRIMARY RESEARCH 52
FIGURE 3 PRIMARY SOURCES 52
2.1.3.1 Key data from primary sources 53
FIGURE 4 INSIGHTS FROM INDUSTRY EXPERTS 53
2.1.3.2 Breakdown of primary sources 54
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND
DEMAND-SIDE PARTICIPANTS 54
FIGURE 6 PRIMARY SOURCES 54
2.2 MARKET SIZE ESTIMATION 54
2.2.1 BOTTOM-UP APPROACH 55
FIGURE 7 LABORATORY PROFICIENCY TESTING MARKET: BOTTOM-UP APPROACH 55
2.2.2 TOP-DOWN APPROACH 56
FIGURE 8 TOP-DOWN APPROACH 56
FIGURE 9 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS 57
FIGURE 10 SUPPLY-SIDE MARKET SIZE ESTIMATION: LABORATORY PROFICIENCY TESTING MARKET (2020) 57
FIGURE 11 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 58
FIGURE 12 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE LABORATORY PROFICIENCY TESTING MARKET (2021–2026) 59
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 60
FIGURE 13 DATA TRIANGULATION METHODOLOGY 60
2.4 MARKET SHARE ESTIMATION 61
2.5 ASSUMPTIONS FOR THE STUDY 61
2.6 RISK ASSESSMENT 62
TABLE 2 RISK ASSESSMENT: LABORATORY PROFICIENCY TESTING MARKET 62
2.7 COVID-19 HEALTH ASSESSMENT 62
2.8 COVID-19 ECONOMIC ASSESSMENT 62
2.9 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 63
FIGURE 14 CRITERIA IMPACTING THE GLOBAL ECONOMY 63
FIGURE 15 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 64
3 EXECUTIVE SUMMARY 65
FIGURE 16 LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2021 VS. 2026 (USD MILLION) 65
FIGURE 17 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2021 VS. 2026 (USD MILLION) 66
FIGURE 18 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2021 VS. 2026 (USD MILLION) 67
FIGURE 19 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2021 VS. 2026 (USD MILLION) 67
FIGURE 20 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2021 VS. 2026 (USD MILLION) 68
FIGURE 21 LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY,
2021 VS. 2026 (USD MILLION) 69
FIGURE 22 GEOGRAPHICAL SNAPSHOT OF THE LABORATORY PROFICIENCY TESTING MARKET 70
4 PREMIUM INSIGHTS 72
4.1 LABORATORY PROFICIENCY TESTING MARKET OVERVIEW 72
FIGURE 23 STRINGENT SAFETY AND QUALITY REGULATIONS FOR FOOD AND PHARMACEUTICAL PRODUCTS TO DRIVE MARKET GROWTH 72
4.2 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE (2021–2026) 73
FIGURE 24 CLINICAL CHEMISTRY SEGMENT TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD (2021–2026) 73
4.3 ASIA PACIFIC: LABORATORY PROFICIENCY TESTING MARKET,
BY TECHNOLOGY AND COUNTRY (2020) 74
FIGURE 25 CELL CULTURE ACCOUNTED FOR THE LARGEST SHARE OF THE APAC LABORATORY PROFICIENCY TESTING MARKET IN 2020 74
4.4 LABORATORY PROFICIENCY TESTING MARKET: GEOGRAPHIC MIX 75
FIGURE 26 CHINA TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 75
4.5 LABORATORY PROFICIENCY TESTING MARKET: DEVELOPED VS.
DEVELOPING MARKETS (USD MILLION) 76
FIGURE 27 DEVELOPING MARKETS TO REGISTER A HIGHER GROWTH RATE DURING THE FORECAST PERIOD 76
5 MARKET OVERVIEW 77
5.1 INTRODUCTION 77
5.2 MARKET DYNAMICS 77
FIGURE 28 LABORATORY PROFICIENCY TESTING MARKET:
DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 77
5.2.1 MARKET DRIVERS 78
5.2.1.1 Proficiency testing is an essential precondition for operational excellence 78
FIGURE 29 CLIA-REGISTERED LABORATORIES GLOBALLY (2011–2021) 79
5.2.1.2 Stringent safety and quality regulations for food and pharmaceutical products 79
TABLE 3 FOOD SAFETY LEGISLATION IN DEVELOPING COUNTRIES 80
TABLE 4 PHARMACEUTICALS: REGULATORY AGENCIES 81
5.2.1.3 Increasing focus on water testing 81
5.2.2 MARKET RESTRAINTS 82
5.2.2.1 Requirement of high-capital investments for accurate and sensitive testing 82
TABLE 5 COST OF ADVANCED TECHNOLOGIES USED FOR PROFICIENCY TESTING 82
5.2.3 MARKET OPPORTUNITIES 83
5.2.3.1 Technological advancements in the testing industry 83
5.2.3.2 Growth opportunities in emerging countries 83
FIGURE 30 PROJECTED PHARMACEUTICAL SALES IN ASIAN COUNTRIES (2022) 84
5.2.4 MARKET CHALLENGES 84
5.2.4.1 Need for proficiency testing scheme harmonization 84
5.2.4.2 Logistical and data interpretation challenges 85
5.2.4.3 Dearth of skilled professionals 85
6 INDUSTRY INSIGHTS 86
6.1 INTRODUCTION 86
6.2 INDUSTRY TRENDS 86
6.2.1 GROWING FOCUS ON ORGANIC GROWTH STRATEGIES 86
TABLE 6 NUMBER OF PRODUCT LAUNCHES, BY KEY PLAYER
(JANUARY 2018 TO FEBRUARY 2022) 86
6.3 ECOSYSTEM/MARKET MAP 87
TABLE 7 LABORATORY PROFICIENCY TESTING MARKET: ECOSYSTEM 87
6.4 PRICING ANALYSIS 88
TABLE 8 PRICING ANALYSIS OF LABORATORY PROFICIENCY
TESTING PROGRAMS (2021) 88
6.5 ECOSYSTEM ANALYSIS 89
6.6 PATENT ANALYSIS 90
6.6.1 PATENT PUBLICATION TRENDS FOR LABORATORY PROFICIENCY TESTING 90
FIGURE 31 PATENT PUBLICATION TRENDS (2011–2021) 90
6.6.2 INSIGHTS: JURISDICTION AND TOP APPLICANT ANALYSIS 90
FIGURE 32 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR PROFICIENCY TESTING PATENTS (JANUARY 2011–FEBRUARY 2022) 91
FIGURE 33 TOP APPLICANT COUNTRIES/REGIONS FOR PROFICIENCY TESTING PATENTS (JANUARY 2011–FEBRUARY 2022) 92
6.7 SUPPLY CHAIN ANALYSIS 92
FIGURE 34 SUPPLY CHAIN ANALYSIS 93
6.8 PORTER’S FIVE FORCES ANALYSIS 93
TABLE 9 LABORATORY PROFICIENCY TESTING MARKET: PORTER’S FIVE FORCES ANALYSIS 93
6.8.1 THREAT OF NEW ENTRANTS 94
6.8.2 THREAT OF SUBSTITUTES 94
6.8.3 BARGAINING POWER OF BUYERS 94
6.8.4 BARGAINING POWER OF SUPPLIERS 94
6.8.5 COMPETITIVE RIVALRY AMONG EXISTING PLAYERS 94
6.9 TRENDS & DISRUPTIONS AFFECTING CUSTOMERS’ BUSINESS 95
FIGURE 35 LABORATORY PROFICIENCY TESTING MARKET:
TRENDS & DISRUPTIONS AFFECTING CUSTOMERS’ BUSINESS 95
6.10 REGULATORY LANDSCAPE 95
TABLE 10 ICH QUALITY GUIDELINES FOR PHARMACEUTICAL GMPS 96
TABLE 11 EUROPE: ACCREDITATION BODIES FOR MEDICAL LABORATORIES 97
TABLE 12 DEVELOPMENT OF GLP ACROSS COUNTRIES 98
TABLE 13 OVERVIEW OF GUIDELINES OF LABORATORY SERVICES 98
TABLE 14 REGULATORY AUTHORITIES AND LAUNCH OF GLP MONITORING PROGRAMS IN EUROPEAN COUNTRIES 99
7 LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY 100
7.1 INTRODUCTION 101
FIGURE 36 LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2021 VS. 2026 (USD MILLION) 101
TABLE 15 LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2019–2026 (USD MILLION) 102
7.2 CLINICAL DIAGNOSTICS 102
7.2.1 INCREASING INCIDENCE OF TARGET DISEASES AND RISING DEMAND FOR EARLY AND ACCURATE DISEASE DIAGNOSIS WILL DRIVE THE MARKET FOR CLINICAL DIAGNOSTICS 102
TABLE 16 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 103
TABLE 17 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 104
7.2.2 DRIVERS 104
7.2.2.1 Increasing adoption of fully automated instruments and automation in laboratories 104
7.2.2.2 Growth opportunities in developing economies 105
7.2.3 RESTRAINTS 105
7.2.3.1 Procedural shift from lab-based to home-based/point-of-care testing procedures 105
7.2.4 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE 105
7.2.4.1 Clinical chemistry 105
TABLE 18 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET FOR CLINICAL CHEMISTRY, BY COUNTRY, 2019–2026 (USD MILLION) 106
7.2.4.2 Immunoassay/immunochemistry 107
TABLE 19 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET FOR IMMUNOASSAY/IMMUNOCHEMISTRY, BY COUNTRY,
2019–2026 (USD MILLION) 107
7.2.4.3 Hematology 108
TABLE 20 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET FOR HEMATOLOGY, BY COUNTRY, 2019–2026 (USD MILLION) 108
7.2.4.4 Molecular diagnostics 109
TABLE 21 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET FOR MOLECULAR DIAGNOSTICS, BY COUNTRY, 2019–2026 (USD MILLION) 110
7.2.4.5 Cytology 110
TABLE 22 CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET FOR CYTOLOGY, BY COUNTRY, 2019–2026 (USD MILLION) 111
7.2.4.6 Other clinical diagnostics 111
TABLE 23 OTHER CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET , BY COUNTRY, 2019–2026 (USD MILLION) 112
7.3 MICROBIOLOGY 113
7.3.1 INCREASING FOCUS ON ENSURING SAFETY AND COMPLIANCE IN LABORATORIES TO SUPPORT MARKET GROWTH 113
TABLE 24 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 113
TABLE 25 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 114
7.3.2 DRIVERS 114
7.3.2.1 Stringent safety regulations 114
7.3.3 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET, BY TYPE 115
7.3.3.1 Pathogen testing 115
TABLE 26 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET FOR PATHOGEN TESTING, BY COUNTRY, 2019–2026 (USD MILLION) 115
7.3.3.2 Sterility testing 116
TABLE 27 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET FOR STERILITY TESTING, BY COUNTRY, 2019–2026 (USD MILLION) 116
7.3.3.3 Endotoxin & pyrogen testing 117
TABLE 28 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET FOR ENDOTOXIN & PYROGEN TESTING, BY COUNTRY, 2019–2026 (USD MILLION) 117
7.3.3.4 Growth promotion testing 117
TABLE 29 MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET FOR GROWTH PROMOTION TESTING, BY COUNTRY, 2019–2026 (USD MILLION) 118
7.3.3.5 Other microbial testing 118
TABLE 30 OTHER MICROBIAL LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 119
 
7.4 FOOD & ANIMAL FEED 119
7.4.1 NEED TO ENSURE THE SAFETY AND QUALITY OF FOOD PRODUCTS TO PROPEL MARKET GROWTH 119
TABLE 31 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 120
TABLE 32 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 121
7.4.2 DRIVERS 121
7.4.2.1 Stringent food safety regulations 121
7.4.2.2 Increasing outbreaks of foodborne illnesses 122
7.4.2.3 Increasing demand for packaged food products 122
7.4.2.4 Increasing instances of chemical contamination in food processing and manufacturing 123
7.4.3 RESTRAINTS 123
7.4.3.1 Lack of harmonization of food safety regulations 123
7.4.3.2 Lack of food control infrastructure in developing countries 123
7.4.4 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE 123
7.4.4.1 Meat & meat products 123
TABLE 33 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET FOR MEAT & MEAT PRODUCTS, BY COUNTRY, 2019–2026 (USD MILLION) 124
7.4.4.2 Vegetables & fruits 124
TABLE 34 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET FOR VEGETABLES & FRUITS, BY COUNTRY, 2019–2026 (USD MILLION) 125
7.4.4.3 Dairy products 125
TABLE 35 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET FOR DAIRY PRODUCTS, BY COUNTRY, 2019–2026 (USD MILLION) 126
7.4.4.4 Fish 126
TABLE 36 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET FOR FISH, BY COUNTRY, 2019–2026 (USD MILLION) 127
7.4.4.5 Eggs 127
TABLE 37 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET FOR EGGS, BY COUNTRY, 2019–2026 (USD MILLION) 128
7.4.4.6 Fat/oil 128
TABLE 38 FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET FOR FAT/OIL, BY COUNTRY, 2019–2026 (USD MILLION) 129
7.4.4.7 Other food & animal feed 129
TABLE 39 OTHER FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 130
7.5 COMMERCIAL BEVERAGES 130
7.5.1 RISING CONSUMPTION OF COMMERCIAL BEVERAGES WILL DRIVE THE MARKET FOR PROFICIENCY TESTING 130
TABLE 40 COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 131
TABLE 41 COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 131
 
7.5.2 DRIVERS 132
7.5.2.1 Rising consumption of commercial beverages 132
7.5.3 RESTRAINTS 132
7.5.3.1 High capital investment 132
7.5.4 COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE 132
7.5.4.1 Non-alcoholic beverages 132
TABLE 42 COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET FOR NON-ALCOHOLIC BEVERAGES, BY COUNTRY, 2019–2026 (USD MILLION) 133
7.5.4.2 Alcoholic beverages 133
TABLE 43 COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET FOR ALCOHOLIC BEVERAGES, BY COUNTRY, 2019–2026 (USD MILLION) 134
7.6 ENVIRONMENTAL 134
7.6.1 STRINGENT ENVIRONMENTAL PROTECTION REGULATIONS WILL DRIVE THE MARKET FOR LABORATORY PROFICIENCY TESTING 134
TABLE 44 ENVIRONMENTAL LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 135
7.6.2 DRIVERS 135
7.6.2.1 Privatization of environmental testing services 135
7.6.2.2 Environment protection regulations 136
TABLE 45 PROMINENT ENVIRONMENT PROTECTION REGULATIONS, BY COUNTRY 136
7.6.2.3 Availability of cost- and time-efficient customized testing services 137
7.6.3 RESTRAINTS 137
7.6.3.1 Lack of basic supporting infrastructure 137
7.7 PHARMACEUTICALS 137
7.7.1 INCREASING USE OF GENERIC DRUGS TO DRIVE THE MARKET FOR PROFICIENCY TESTING 137
TABLE 46 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 138
TABLE 47 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 138
7.7.2 DRIVERS 139
7.7.2.1 Stringent quality control in the production of pharmaceutical products 139
7.7.2.2 Growth of the pharmaceuticals market 139
FIGURE 37 GLOBAL PHARMACEUTICAL DRUG SALES, 2011–2020 (USD BILLION) 139
7.7.2.3 Surge in the generics market 140
7.7.2.4 Emerging biosimilars market 140
7.7.3 RESTRAINTS 141
7.7.3.1 Cost and time-intensive drug manufacturing process 141
7.7.4 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE 141
7.7.4.1 Branded/innovator drugs 141
TABLE 48 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET FOR BRANDED/INNOVATOR DRUGS, BY COUNTRY, 2019–2026 (USD MILLION) 142
 
7.7.4.2 Generic drugs 142
TABLE 49 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET FOR GENERIC DRUGS, BY COUNTRY, 2019–2026 (USD MILLION) 143
7.7.4.3 Over-the-counter drugs 143
TABLE 50 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET FOR OVER-THE-COUNTER DRUGS, BY COUNTRY, 2019–2026 (USD MILLION) 144
7.7.4.4 Biosimilars 144
TABLE 51 PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET FOR BIOSIMILARS, BY COUNTRY, 2019–2026 (USD MILLION) 145
7.8 WATER 145
7.8.1 RISING PREVALENCE OF WATERBORNE DISEASES HAS INCREASED THE DEMAND FOR PROFICIENCY TESTING 145
TABLE 52 WATER LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 147
7.8.2 DRIVERS 147
7.8.2.1 Growing industrial applications 147
7.8.2.2 Increasing need for microbial water quality analysis 148
7.8.3 RESTRAINTS 148
7.8.3.1 Limited market penetration in non-industrial applications 148
7.9 NUTRACEUTICALS 148
7.9.1 GROWING NUTRACEUTICALS MARKET HAS INCREASED THE NEED FOR PROFICIENCY TESTING 148
TABLE 53 NUTRACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 149
7.10 BIOLOGICS 149
7.10.1 NEED TO DETECT CONTAMINANTS IN PRODUCTS INTENDED FOR HUMAN USE TO DRIVE THE MARKET 149
TABLE 54 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE,
2019–2026 (USD MILLION) 150
TABLE 55 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 151
7.10.2 DRIVERS 151
7.10.2.1 Growing R&D investments in the life sciences industry 151
7.10.2.2 High incidence and large economic burden of chronic diseases 152
7.10.3 RESTRAINTS 152
7.10.3.1 Dearth of skilled professionals 152
7.10.4 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE 152
7.10.4.1 Monoclonal antibodies 152
TABLE 56 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET FOR MONOCLONAL ANTIBODIES, BY COUNTRY, 2019–2026 (USD MILLION) 153
7.10.4.2 Vaccines 153
FIGURE 38 NUMBER OF CORONAVIRUS (COVID-19) DRUGS AND VACCINES IN DEVELOPMENT WORLDWIDE, BY PHASE (AS OF FEBRUARY 2022) 154
TABLE 57 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET FOR VACCINES,
BY COUNTRY, 2019–2026 (USD MILLION) 155
 
7.10.4.3 Blood 155
TABLE 58 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET FOR BLOOD,
BY COUNTRY, 2019–2026 (USD MILLION) 156
7.10.4.4 Tissue 156
TABLE 59 BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET FOR TISSUE,
BY COUNTRY, 2019–2026 (USD MILLION) 157
7.11 CANNABIS/OPIOIDS 157
7.11.1 LEGALIZATION OF MEDICAL CANNABIS TO SUPPORT MARKET GROWTH 157
TABLE 60 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 158
TABLE 61 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 159
7.11.2 DRIVERS 159
7.11.2.1 Legalization of medical cannabis and the growing number of cannabis testing laboratories 159
7.11.2.2 Emerging markets 160
7.11.2.3 Growing adoption of LIMS in cannabis testing laboratories 160
7.11.2.4 Increasing awareness 160
7.11.3 RESTRAINTS 160
7.11.3.1 Dearth of trained laboratory professionals 160
7.11.3.2 Lack of industry standards for cannabis testing 160
7.11.3.3 High startup costs for cannabis testing laboratories 161
7.11.4 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE 161
7.11.4.1 Potency testing 161
TABLE 62 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET FOR POTENCY TESTING, BY COUNTRY, 2019–2026 (USD MILLION) 162
7.11.4.2 Terpene profiling 162
TABLE 63 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET FOR TERPENE PROFILING, BY COUNTRY, 2019–2026 (USD MILLION) 163
7.11.4.3 Residual solvents 163
TABLE 64 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET FOR RESIDUAL SOLVENTS, BY COUNTRY, 2019–2026 (USD MILLION) 164
7.11.4.4 Pesticide screening 164
TABLE 65 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET FOR PESTICIDE SCREENING, BY COUNTRY, 2019–2026 (USD MILLION) 165
7.11.4.5 Heavy metal testing 165
TABLE 66 CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET FOR HEAVY METAL TESTING, BY COUNTRY, 2019–2026 (USD MILLION) 166
7.11.4.6 Other cannabis/opioids testing 166
TABLE 67 OTHER CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 167
7.12 DIETARY SUPPLEMENTS 167
7.12.1 NEED TO ENSURE THE SAFETY AND QUALITY OF THESE SUPPLEMENTS TO DRIVE THE MARKET 167
TABLE 68 DIETARY SUPPLEMENT LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 168
7.13 COSMETICS 168
7.13.1 DEMAND FOR ENVIRONMENTALLY FRIENDLY AND SUSTAINABLE COSMETICS TO PROPEL THE MARKET 168
TABLE 69 COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE,
2019–2026 (USD MILLION) 169
TABLE 70 COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 169
7.13.2 DRIVERS 170
7.13.2.1 Opposition to animal testing 170
7.13.2.2 Customer interest in environmentally friendly and sustainable product ingredients in cosmetics and personal care products 170
7.13.3 COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE 170
7.13.3.1 Trace elements 170
TABLE 71 COSMETIC LABORATORY PROFICIENCY TESTING MARKET FOR TRACE ELEMENTS, BY COUNTRY, 2019–2026 (USD MILLION) 171
7.13.3.2 Other cosmetic testing 171
TABLE 72 OTHER COSMETIC LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 172
8 LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY 173
8.1 INTRODUCTION 174
FIGURE 39 LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY,
2021 VS. 2026 (USD MILLION) 174
TABLE 73 LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 174
8.2 CELL CULTURE 175
8.2.1 GROWING AWARENESS REGARDING THE USE OF CELL CULTURES IN THE PRODUCTION AND TESTING OF VARIOUS BIOPHARMACEUTICALS TO SUPPORT MARKET GROWTH 175
TABLE 74 LABORATORY PROFICIENCY TESTING MARKET FOR CELL CULTURE,
BY COUNTRY, 2019–2026 (USD MILLION) 176
8.3 POLYMERASE CHAIN REACTION (PCR) 176
8.3.1 PCR ALLOWS HIGH SPECIFICITY AND ACCURACY WITH IMPROVED SENSITIVITY 176
TABLE 75 LABORATORY PROFICIENCY TESTING MARKET FOR PCR, BY COUNTRY,
2019–2026 (USD MILLION) 178
8.4 IMMUNOASSAYS 178
8.4.1 EMERGENCE OF COST-EFFECTIVE TECHNOLOGIES AND LABORATORY AUTOMATION FOR IMMUNOASSAYS TO DRIVE THE MARKET 178
TABLE 76 LABORATORY PROFICIENCY TESTING MARKET FOR IMMUNOASSAYS,
BY COUNTRY, 2019–2026 (USD MILLION) 179
8.5 CHROMATOGRAPHY 180
8.5.1 HIGH ADOPTION OF CHROMATOGRAPHY IN BIOLOGICS AND PHARMACEUTICAL INDUSTRY TO DRIVE THE MARKET 180
TABLE 77 LABORATORY PROFICIENCY TESTING MARKET FOR CHROMATOGRAPHY,
BY COUNTRY, 2019–2026 (USD MILLION) 181
 
8.6 SPECTROPHOTOMETRY 181
8.6.1 TECHNOLOGICAL ADVANCEMENTS, GOVERNMENT INITIATIVES, AND INCREASING SPENDING ON PHARMACEUTICAL R&D TO DRIVE THE MARKET 181
TABLE 78 LABORATORY PROFICIENCY TESTING MARKET FOR SPECTROPHOTOMETRY, BY COUNTRY, 2019–2026 (USD MILLION) 183
8.7 OTHER TECHNOLOGIES 183
TABLE 79 LABORATORY PROFICIENCY TESTING MARKET FOR OTHER TECHNOLOGIES, BY COUNTRY, 2019–2026 (USD MILLION) 184
9 LABORATORY PROFICIENCY TESTING MARKET, BY REGION 185
9.1 INTRODUCTION 186
FIGURE 40 LABORATORY PROFICIENCY TESTING MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES (2020) 186
TABLE 80 LABORATORY PROFICIENCY TESTING MARKET, BY REGION,
2019–2026 (USD MILLION) 187
9.2 NORTH AMERICA 187
FIGURE 41 NORTH AMERICA: LABORATORY PROFICIENCY TESTING MARKET SNAPSHOT 188
TABLE 81 NORTH AMERICA: LABORATORY PROFICIENCY TESTING MARKET,
BY COUNTRY, 2019–2026 (USD MILLION) 188
TABLE 82 NORTH AMERICA: LABORATORY PROFICIENCY TESTING MARKET,
BY INDUSTRY, 2019–2026 (USD MILLION) 189
TABLE 83 NORTH AMERICA: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 189
TABLE 84 NORTH AMERICA: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 190
TABLE 85 NORTH AMERICA: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 190
TABLE 86 NORTH AMERICA: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 87 NORTH AMERICA: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 88 NORTH AMERICA: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 191
TABLE 89 NORTH AMERICA: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 192
TABLE 90 NORTH AMERICA: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 192
TABLE 91 NORTH AMERICA: LABORATORY PROFICIENCY TESTING MARKET,
BY TECHNOLOGY, 2019–2026 (USD MILLION) 193
9.2.1 US 193
9.2.1.1 The US dominates the North American laboratory proficiency testing market 193
TABLE 92 US: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2019–2026 (USD MILLION) 194
TABLE 93 US: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 195
TABLE 94 US: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 195
TABLE 95 US: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 196
TABLE 96 US: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 196
TABLE 97 US: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 197
TABLE 98 US: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 197
TABLE 99 US: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 197
TABLE 100 US: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 198
TABLE 101 US: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 198
9.2.2 CANADA 199
9.2.2.1 Growing demand for analytical testing services will support the growth of the laboratory proficiency testing market 199
TABLE 102 CANADA: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY, 2019–2026 (USD MILLION) 200
TABLE 103 CANADA: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 200
TABLE 104 CANADA: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 201
TABLE 105 CANADA: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 201
TABLE 106 CANADA: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 202
TABLE 107 CANADA: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 202
TABLE 108 CANADA: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 202
TABLE 109 CANADA: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 203
TABLE 110 CANADA: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 203
TABLE 111 CANADA: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 204
9.3 EUROPE 204
TABLE 112 EUROPE: LABORATORY PROFICIENCY TESTING MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 205
TABLE 113 EUROPE: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY, 2019–2026 (USD MILLION) 206
TABLE 114 EUROPE: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 206
TABLE 115 EUROPE: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 207
TABLE 116 EUROPE: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 207
TABLE 117 EUROPE: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 208
TABLE 118 EUROPE: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 208
TABLE 119 EUROPE: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 209
TABLE 120 EUROPE: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 209
TABLE 121 EUROPE: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 210
TABLE 122 EUROPE: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 210
9.3.1 GERMANY 210
9.3.1.1 Germany is the largest market for laboratory proficiency testing in Europe 210
TABLE 123 GERMANY: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY, 2019–2026 (USD MILLION) 212
TABLE 124 GERMANY: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 212
TABLE 125 GERMANY: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 213
TABLE 126 GERMANY: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 213
TABLE 127 GERMANY: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 214
TABLE 128 GERMANY: COSMETIC LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 214
TABLE 129 GERMANY: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 215
TABLE 130 GERMANY: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 215
TABLE 131 GERMANY: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 216
TABLE 132 GERMANY: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 216
9.3.2 FRANCE 216
9.3.2.1 France is among the most attractive destinations for FDI projects in Europe 216
TABLE 133 FRANCE: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY, 2019–2026 (USD MILLION) 217
TABLE 134 FRANCE: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 218
TABLE 135 FRANCE: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 218
TABLE 136 FRANCE: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 219
TABLE 137 FRANCE: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 219
TABLE 138 FRANCE: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 219
TABLE 139 FRANCE: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 220
TABLE 140 FRANCE: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 220
TABLE 141 FRANCE: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 221
TABLE 142 FRANCE: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 221
9.3.3 UK 221
9.3.3.1 Increased government funding for biopharmaceutical research will support the growth of proficiency testing in pharmaceutical and biologic industries 221
TABLE 143 UK: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2019–2026 (USD MILLION) 222
TABLE 144 UK: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 223
TABLE 145 UK: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 223
TABLE 146 UK: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 224
TABLE 147 UK: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 224
TABLE 148 UK: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 224
TABLE 149 UK: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 225
TABLE 150 UK: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 225
TABLE 151 UK: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 226
TABLE 152 UK: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 226
9.3.4 ITALY 226
9.3.4.1 Increasing number of clinical trials to support market growth 226
TABLE 153 ITALY: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2019–2026 (USD MILLION) 227
TABLE 154 ITALY: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 228
TABLE 155 ITALY: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 228
TABLE 156 ITALY: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 229
TABLE 157 ITALY: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 229
TABLE 158 ITALY: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 229
TABLE 159 ITALY: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 230
TABLE 160 ITALY: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 230
TABLE 161 ITALY: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 231
TABLE 162 ITALY: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 231
9.3.5 SPAIN 231
9.3.5.1 Growth in the biologics market and the rising consumption of biosimilars will drive the market for laboratory proficiency testing 231
TABLE 163 SPAIN: LABORATORY PROFICIENCY TESTING MARKET, BY INDUSTRY,
2019–2026 (USD MILLION) 232
TABLE 164 SPAIN: CLINICAL DIAGNOSTICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 233
TABLE 165 SPAIN: MICROBIOLOGY LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 233
TABLE 166 SPAIN: PHARMACEUTICAL LABORATORY PROFICIENCY TESTING MARKET,
BY TYPE, 2019–2026 (USD MILLION) 234
TABLE 167 SPAIN: BIOLOGICS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 234
TABLE 168 SPAIN: COSMETIC LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 234
TABLE 169 SPAIN: CANNABIS/OPIOIDS LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 235
TABLE 170 SPAIN: FOOD & ANIMAL FEED LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 235
TABLE 171 SPAIN: COMMERCIAL BEVERAGE LABORATORY PROFICIENCY TESTING MARKET, BY TYPE, 2019–2026 (USD MILLION) 236
TABLE 172 SPAIN: LABORATORY PROFICIENCY TESTING MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 236

Liquid Handling System Market by Product (Pipettes, Consumables, Microplate Reagent Dispensers, Liquid Handling Workstations, Burettes, Microplate Was...

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1 INTRODUCTION 31
1.1 OBJECTIVES OF THE STUDY 31
1.2 MARKET DEFINITION 31
1.2.1 INCLUSIONS & EXCLUSIONS 31
1.3 MARKET SCOPE 32
1.3.1 YEARS COVERED FOR THE STUDY 33
1.4 CURRENCY 33
1.5 LIMITATIONS 33
1.6 MARKET STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 1 RESEARCH DESIGN 35
2.1.1 SECONDARY DATA 36
2.1.1.1 Secondary sources 37
2.1.2 PRIMARY DATA 37
FIGURE 2 PRIMARY SOURCES 37
2.1.2.1 Key data from primary sources 38
2.1.2.2 Key industry insights 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 39
2.2 MARKET SIZE ESTIMATION 40
FIGURE 4 REVENUE SHARE ANALYSIS ILLUSTRATION: THERMO FISHER SCIENTIFIC 40
FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 41
2.2.1 GROWTH FORECAST 42
FIGURE 6 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS 42
FIGURE 7 TOP-DOWN APPROACH 43
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 44
FIGURE 8 DATA TRIANGULATION METHODOLOGY 44
2.4 MARKET SHARE ANALYSIS 45
2.5 ASSUMPTIONS FOR THE STUDY 45
2.5.1 INDICATORS AND ASSUMPTIONS AND THEIR IMPACT ON THE STUDY 46
2.5.2 COVID-19-SPECIFIC ASSUMPTIONS 47
2.6 RISK ASSESSMENT 47
TABLE 1 RISK ASSESSMENT 47
2.7 COVID-19 HEALTH ASSESSMENT 48
2.8 COVID-19 ECONOMIC ASSESSMENT 48
2.9 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 48
FIGURE 9 CRITERIA IMPACTING THE GLOBAL ECONOMY 49
FIGURE 10 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 50
3 EXECUTIVE SUMMARY 51
FIGURE 11 LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 51
FIGURE 12 LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2021 VS. 2026 (USD MILLION) 52
FIGURE 13 LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2021 VS. 2026 (USD MILLION) 52
FIGURE 14 LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 53
FIGURE 15 GEOGRAPHIC SNAPSHOT OF THE GLOBAL LIQUID HANDLING SYSTEMS MARKET 53
4 PREMIUM INSIGHTS 55
4.1 LIQUID HANDLING SYSTEMS MARKET OVERVIEW 55
FIGURE 16 EXPANSION OF PHARMA & BIOTECH INDUSTRIES TO DRIVE THE LIQUID HANDLING SYSTEMS MARKET 55
4.2 LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT 55
FIGURE 17 LIQUID HANDLING WORKSTATIONS SEGMENT WILL REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD, 2021-2026 55
4.3 ASIA: LIQUID HANDLING SYSTEMS MARKET, BY COUNTRY & END USER 56
FIGURE 18 BIOTECHNOLOGY & PHARMACEUTICAL COMPANIES WILL DOMINATE THE ASIAN MARKET IN 2021-2026 56
4.4 GEOGRAPHIC SNAPSHOT OF THE LIQUID HANDLING SYSTEMS MARKET 57
FIGURE 19 JAPAN TO REGISTER THE HIGHEST CAGR OVER THE FORECAST PERIOD 57
5 MARKET OVERVIEW 58
5.1 INTRODUCTION 58
5.2 MARKET DYNAMICS 58
FIGURE 20 LIQUID HANDLING SYSTEMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 58
5.2.1 DRIVERS 59
5.2.1.1 Global expansion of pharmaceutical & biotechnology industries 59
5.2.1.2 Significant R&D expenditure by biopharma companies 59
TABLE 2 R&D EXPENDITURE OF BIOPHARMA COMPANIES, 2020: 59
5.2.1.3 Increasing funding for life science research 60
5.2.1.4 Growing market demand for high-throughput screening 60
5.2.1.5 Increasing focus on data precision and accuracy 61
5.2.2 RESTRAINTS 61
5.2.2.1 Pricing limitations 61
5.2.2.2 Slow adoption of automation among small and medium-sized laboratories 61
TABLE 3 EQUIPMENT COSTS, BY TYPE 61
5.2.3 OPPORTUNITIES 62
5.2.3.1 Changing scenario in emerging economies 62
5.2.3.2 Growing genomics and proteomics research 62
5.2.4 CHALLENGES 63
5.2.4.1 Developing infrastructure and other barriers in emerging markets 63
5.2.4.2 Possibility of errors in automated systems 63
5.3 COVID-19 IMPACT ON THE LIQUID HANDLING SYSTEMS MARKET 64
5.4 RANGES/SCENARIOS 64
FIGURE 21 PESSIMISTIC SCENARIO 64
FIGURE 22 OPTIMISTIC SCENARIO 65
FIGURE 23 REALISTIC SCENARIO 65
5.5 VALUE CHAIN ANALYSIS 66
FIGURE 24 VALUE CHAIN ANALYSIS: MAJOR VALUE IS ADDED DURING THE MANUFACTURING AND ASSEMBLY PHASE 66
5.6 SUPPLY CHAIN ANALYSIS 67
FIGURE 25 DIRECT DISTRIBUTION—THE PREFERRED STRATEGY FOR PROMINENT COMPANIES 67
5.7 TECHNOLOGY ANALYSIS 68
5.8 PORTER’S FIVE FORCES ANALYSIS 68
5.8.1 THREAT OF NEW ENTRANTS 68
5.8.2 INTENSITY OF COMPETITIVE RIVALRY 68
5.8.3 BARGAINING POWER OF BUYERS 69
5.8.4 BARGAINING POWER OF SUPPLIERS 69
5.8.5 THREAT OF SUBSTITUTES 69
5.9 REGULATORY LANDSCAPE 69
TABLE 4 INDICATIVE LIST OF REGULATORY AUTHORITIES GOVERNING THE LIQUID HANDLING SYSTEMS MARKET 69
5.10 PATENT ANALYSIS 71
5.11 KEY CONFERENCES & EVENTS IN 2022–2023 72
TABLE 5 LIQUID HANDLING SYSTEMS: LIST OF CONFERENCES & EVENTS 72
5.12 PRICING ANALYSIS 72
TABLE 6 PRICE RANGE FOR LIQUID HANDLING SYSTEMS 72
5.13 TRADE ANALYSIS 73
TABLE 7 IMPORT DATA FOR PARTS OF MACHINERY, PLANT, AND LABORATORY EQUIPMENT, BY COUNTRY, 2016–2020 (USD MILLION) 73
TABLE 8 EXPORT DATA FOR PARTS OF MACHINERY, PLANT, AND LABORATORY EQUIPMENT, BY COUNTRY, 2016–2020 (USD MILLION) 73
5.14 ECOSYSTEM ANALYSIS 74
5.14.1 ROLE IN ECOSYSTEM 74
5.14.2 KEY PLAYERS IN THE LIQUID HANDLING SYSTEM 75
5.15 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 75
 
6 LIQUID HANDLING SYSTEMS MARKET, BY TYPE 76
6.1 INTRODUCTION 77
TABLE 9 LIQUID HANDLING SYSTEMS MARKET, BY TYPE, 2019–2026 (USD MILLION) 77
6.2 AUTOMATED LIQUID HANDLING SYSTEMS 77
6.2.1 AUTOMATED SYSTEMS BOAST HIGHER EFFICIENCY THAN ELECTRONIC COUNTERPARTS 77
TABLE 10 AUTOMATED LIQUID HANDLING SYSTEMS MARKET, BY REGION,
2019–2026 (USD MILLION) 78
6.3 ELECTRONIC LIQUID HANDLING SYSTEMS 78
6.3.1 ELECTRONIC SYSTEMS ARE EASY TO USE AND ACCURATE 78
TABLE 11 ELECTRONIC LIQUID HANDLING SYSTEMS MARKET, BY REGION,
2019–2026 (USD MILLION) 79
6.4 MANUAL LIQUID HANDLING SYSTEMS 79
6.4.1 MANUAL SYSTEMS REQUIRE REPETITIVE END-USER ACTIONS AND COME WITH THE RISK OF VARIABILITY 79
TABLE 12 MANUAL LIQUID HANDLING SYSTEMS MARKET, BY REGION,
2019–2026 (USD MILLION) 80
7 LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT 81
7.1 INTRODUCTION 82
TABLE 13 LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 82
7.2 PIPETTES 82
TABLE 14 LIQUID HANDLING SYSTEMS MARKET FOR PIPETTES, BY REGION,
2019–2026 (USD MILLION) 83
TABLE 15 LIQUID HANDLING SYSTEMS MARKET FOR PIPETTES, BY TYPE,
2019–2026 (USD MILLION) 83
7.2.1 SEMI-AUTOMATED PIPETTES 83
7.2.1.1 Semi-automated pipettes are advantageous for small-scale activity 83
TABLE 16 SEMI-AUTOMATED PIPETTES MARKET, BY REGION,
2019–2026 (USD MILLION) 84
7.2.2 MANUAL PIPETTES 84
7.2.2.1 Manual pipettes are mainly used in small labs and budget-constrained institutes 84
TABLE 17 MANUAL PIPETTES MARKET, BY REGION, 2019–2026 (USD MILLION) 84
7.2.3 ELECTRONIC PIPETTES 85
7.2.3.1 Speed, accuracy, and ease of use make electronic pipettes popular among end users 85
TABLE 18 ELECTRONIC PIPETTES MARKET, BY REGION, 2019–2026 (USD MILLION) 85
7.3 CONSUMABLES 86
TABLE 19 LIQUID HANDLING SYSTEMS MARKET FOR CONSUMABLES, BY REGION, 2019–2026 (USD MILLION) 86
TABLE 20 LIQUID HANDLING SYSTEMS MARKET FOR CONSUMABLES, BY TYPE,
2019–2026 (USD MILLION) 86
7.3.1 DISPOSABLE TIPS 87
7.3.1.1 Widespread use of pipettes has ensured demand for disposable tips 87
TABLE 21 DISPOSABLE TIPS MARKET, BY REGION, 2019–2026 (USD MILLION) 87
7.3.2 TUBES & PLATES 87
7.3.2.1 Tubes & plates are commonly used consumables in liquid handling 87
TABLE 22 TUBES & PLATES MARKET, BY REGION, 2019–2026 (USD MILLION) 88
7.3.3 REAGENT CONTAINERS 88
7.3.3.1 A broad range of reagent containers are offered for pipetting 88
TABLE 23 REAGENT CONTAINERS MARKET, BY REGION, 2019–2026 (USD MILLION) 88
7.3.4 OTHER CONSUMABLES 88
TABLE 24 OTHER CONSUMABLES MARKET, BY REGION, 2019–2026 (USD MILLION) 89
7.4 LIQUID HANDLING WORKSTATIONS 89
7.4.1 COST-EFFECTIVENESS, CONVENIENCE, AND HIGH PERFORMANCE MAKE WORKSTATIONS POPULAR AMONG END USERS 89
TABLE 25 IMPORTANT LIQUID-HANDLING WORKSTATIONS/PIPETTING ASSISTING DEVICES AVAILABLE, BY COMPANY 89
TABLE 26 LIQUID HANDLING SYSTEMS MARKET FOR LIQUID HANDLING WORKSTATIONS, BY REGION, 2019–2026 (USD MILLION) 91
7.5 BURETTES 91
7.5.1 COMPACT SIZE AND DISPENSING ACCURACY DRIVE DEMAND FOR BURETTES 91
TABLE 27 LIQUID HANDLING SYSTEMS MARKET FOR BURETTES, BY REGION,
2019–2026 (USD MILLION) 91
7.6 SOFTWARE 92
7.6.1 THE SOFTWARE MARKET IS EXPECTED TO SHOW HIGH GROWTH 92
TABLE 28 LIQUID HANDLING SYSTEMS MARKET FOR SOFTWARE, BY REGION,
2019–2026 (USD MILLION) 92
7.7 MICROPLATE REAGENT DISPENSERS 93
7.7.1 INCREASING USE OF ELISA AND HIGH-THROUGHPUT SCREENING WILL DRIVE DEMAND FOR DISPENSERS 93
TABLE 29 LIQUID HANDLING SYSTEMS MARKET FOR MICROPLATE REAGENT DISPENSERS, BY REGION, 2019–2026 (USD MILLION) 93
7.8 MICROPLATE WASHERS 93
7.8.1 WASHERS ARE IMPORTANT IN WIDELY USED TECHNIQUES LIKE ELISA 93
TABLE 30 LIQUID HANDLING SYSTEMS MARKET FOR MICROPLATE WASHERS,
BY REGION, 2019–2026 (USD MILLION) 94
7.9 OTHER PRODUCTS 94
TABLE 31 OTHER LIQUID HANDLING PRODUCTS MARKET, BY REGION,
2019–2026 (USD MILLION) 94
8 LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION 95
8.1 INTRODUCTION 96
TABLE 32 LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 96
8.2 DRUG DISCOVERY 96
TABLE 33 LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY, BY REGION, 2019–2026 (USD MILLION) 97
TABLE 34 LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY, BY TYPE, 2019–2026 (USD MILLION) 97
8.2.1 HIGH-THROUGHPUT SCREENING 97
8.2.1.1 HTS is a prominent process in drug discovery 97
TABLE 35 HIGH-THROUGHPUT SCREENING APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 98
8.2.2 COMPOUND WEIGHING & DISSOLUTION 98
8.2.2.1 Automated systems are preferred due to the need for high precision and accuracy 98
TABLE 36 COMPOUND WEIGHING & DISSOLUTION APPLICATIONS MARKET, BY REGION, 2019–2026 (USD MILLION) 98
8.2.3 ADME SCREENING 99
8.2.3.1 Growing emphasis on ADME screening in early drug discovery is driving market growth 99
TABLE 37 ADME SCREENING APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 99
8.2.4 OTHER DRUG DISCOVERY APPLICATIONS 99
TABLE 38 OTHER DRUG DISCOVERY APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 99
8.3 CLINICAL DIAGNOSTICS 100
8.3.1 SAMPLE PREPARATION 100
8.3.1.1 The need for precision has driven demand for automated liquid handling in sample preparation 100
TABLE 39 SAMPLE PREPARATION APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 100
8.3.2 ELISA 100
8.3.2.1 ELISA diagnoses various diseases and requires robust liquid handling systems 100
TABLE 40 ELISA APPLICATIONS MARKET, BY REGION, 2019–2026 (USD MILLION) 101
8.3.3 OTHER CLINICAL DIAGNOSTICS APPLICATIONS 101
TABLE 41 OTHER CLINICAL DIAGNOSTICS APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 101
8.4 GENOMICS 102
8.4.1 GENOTYPING 102
8.4.1.1 Rising need to carry out liquid transfers in genotyping is driving market growth 102
TABLE 42 GENOTYPING APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 102
8.4.2 NGS 103
8.4.2.1 Automation in NGS sample preparation provides several benefits for end users 103
TABLE 43 NGS APPLICATIONS MARKET, BY REGION, 2019–2026 (USD MILLION) 103
8.4.3 PCR 103
8.4.3.1 Wide usage of PCR drives demand for liquid handling 103
TABLE 44 PCR APPLICATIONS MARKET, BY REGION, 2019–2026 (USD MILLION) 104
8.4.4 DNA/RNA PURIFICATION 104
8.4.4.1 The time-consuming nature of purification processes has pushed end users toward automation 104
TABLE 45 DNA/RNA PURIFICATION APPLICATIONS MARKET, BY REGION,
2019–2026 (USD MILLION) 104
8.4.5 OTHER GENOMICS APPLICATIONS 105
TABLE 46 LIQUID HANDLING SYSTEMS MARKET FOR OTHER GENOMICS APPLICATIONS, BY REGION, 2019–2026 (USD MILLION) 105
8.5 PROTEOMICS 105
8.5.1 PROTEOMICS INVOLVES MANY PROCESSES WHERE LIQUID HANDLING IS REQUIRED 105
TABLE 47 LIQUID HANDLING SYSTEMS MARKET FOR PROTEOMICS, BY REGION,
2019–2026 (USD MILLION) 106
8.6 OTHER APPLICATIONS 106
TABLE 48 LIQUID HANDLING SYSTEMS MARKET FOR OTHER APPLICATIONS,
BY REGION, 2019–2026 (USD MILLION) 107
9 LIQUID HANDLING SYSTEMS MARKET, BY END USER 108
9.1 INTRODUCTION 109
TABLE 49 LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 109
9.2 HOSPITAL & DIAGNOSTIC LABORATORIES 109
9.2.1 CONSOLIDATION, REGULATIONS, AND A GROWING NUMBER OF LABORATORIES CONTRIBUTE TO MARKET GROWTH 109
TABLE 50 LIQUID HANDLING SYSTEMS MARKET FOR HOSPITAL & DIAGNOSTIC LABORATORIES, BY REGION, 2019–2026 (USD MILLION) 110
9.3 BIOTECHNOLOGY & PHARMACEUTICAL INDUSTRIES 110
9.3.1 INDUSTRIAL GROWTH HAS SUPPORTED THE GREATER USE OF LIQUID HANDLING SYSTEMS IN THE PHARMA-BIOTECH SECTOR 110
TABLE 51 LIQUID HANDLING SYSTEMS MARKET FOR BIOTECHNOLOGY & PHARMACEUTICAL COMPANIES, BY REGION, 2019–2026 (USD MILLION) 110
9.4 RESEARCH INSTITUTES 111
9.4.1 AVAILABILITY OF FUNDING DRIVES PURCHASE OF LIQUID HANDLING SYSTEMS AMONG RESEARCH INSTITUTES 111
TABLE 52 LIQUID HANDLING SYSTEMS MARKET FOR RESEARCH INSTITUTES,
BY REGION, 2019–2026 (USD MILLION) 111
9.5 ACADEMIC INSTITUTES 111
9.5.1 LOWER THROUGHPUT NEEDS OF ACADEMIC INSTITUTES RESULT IN A SMALLER MARKET SIZE 111
TABLE 53 LIQUID HANDLING SYSTEMS MARKET FOR ACADEMIC INSTITUTES,
BY REGION, 2019–2026 (USD MILLION) 112
9.6 OTHER END USERS 112
TABLE 54 LIQUID HANDLING SYSTEMS MARKET FOR OTHER END USERS, BY REGION, 2019–2026 (USD MILLION) 112
10 LIQUID HANDLING SYSTEMS MARKET, BY REGION 113
10.1 INTRODUCTION 114
TABLE 55 LIQUID HANDLING SYSTEMS MARKET, BY REGION,
2019–2026 (USD MILLION) 114
10.2 NORTH AMERICA 114
FIGURE 26 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET SNAPSHOT 115
TABLE 56 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET, BY COUNTRY, 2019–2026 (USD MILLION) 115
TABLE 57 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 116
TABLE 58 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT, 2019–2026 (USD MILLION) 116
TABLE 59 NORTH AMERICA: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 116
TABLE 60 NORTH AMERICA: CONSUMABLES MARKET, BY TYPE,
2019–2026 (USD MILLION) 117
TABLE 61 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION, 2019–2026 (USD MILLION) 117
TABLE 62 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY, BY TYPE, 2019–2026 (USD MILLION) 117
TABLE 63 NORTH AMERICA: LIQUID HANDLING SYSTEMS MARKET, BY END USER, 2019–2026 (USD MILLION) 118
10.2.1 US 118
10.2.1.1 The US dominates the North American liquid handling systems market 118
TABLE 64 US: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 118
TABLE 65 US: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 119
TABLE 66 US: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 119
TABLE 67 US: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 119
TABLE 68 US: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 120
TABLE 69 US: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 120
TABLE 70 US: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 120
10.2.2 CANADA 121
10.2.2.1 A strong research base and government support has driven the market in Canada 121
TABLE 71 CANADA: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 121
TABLE 72 CANADA: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 122
TABLE 73 CANADA: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 122
TABLE 74 CANADA: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 122
TABLE 75 CANADA: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 123
TABLE 76 CANADA: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 123
TABLE 77 CANADA: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 123
 
10.3 EUROPE 124
TABLE 78 EUROPE: LIQUID HANDLING SYSTEMS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 124
TABLE 79 EUROPE: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 124
TABLE 80 EUROPE: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 125
TABLE 81 EUROPE: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 125
TABLE 82 EUROPE: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 125
TABLE 83 EUROPE: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 126
TABLE 84 EUROPE: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 126
TABLE 85 EUROPE: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 126
10.3.1 GERMANY 127
10.3.1.1 Germany dominates the EU market 127
TABLE 86 GERMANY: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 127
TABLE 87 GERMANY: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 128
TABLE 88 GERMANY: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 128
TABLE 89 GERMANY: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 128
TABLE 90 GERMANY: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 129
TABLE 91 GERMANY: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 129
TABLE 92 GERMANY: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 129
10.3.2 FRANCE 130
10.3.2.1 Rising R&D expenditure and funding for life sciences drive the French market 130
TABLE 93 FRANCE: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 130
TABLE 94 FRANCE: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 131
TABLE 95 FRANCE: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 131
TABLE 96 FRANCE: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 131
TABLE 97 FRANCE: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 132
TABLE 98 FRANCE: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 132
TABLE 99 FRANCE: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 132
10.3.3 UK 133
10.3.3.1 Strong support for life science R&D and well-developed infrastructure contribute to market growth 133
TABLE 100 UK: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 133
TABLE 101 UK: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 133
TABLE 102 UK: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 134
TABLE 103 UK: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 134
TABLE 104 UK: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 134
TABLE 105 UK: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 134
TABLE 106 UK: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 135
10.3.4 ITALY 135
10.3.4.1 Rising disease incidence and a strong research sector support the Italian market 135
TABLE 107 ITALY: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 135
TABLE 108 ITALY: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 136
TABLE 109 ITALY: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 136
TABLE 110 ITALY: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 136
TABLE 111 ITALY: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 137
TABLE 112 ITALY: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 137
TABLE 113 ITALY: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 137
10.3.5 SPAIN 138
10.3.5.1 Growing biotech industry and rising life science R&D drive market growth 138
TABLE 114 SPAIN: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 138
TABLE 115 SPAIN: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 138
TABLE 116 SPAIN: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 139
TABLE 117 SPAIN: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 139
TABLE 118 SPAIN: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 139
TABLE 119 SPAIN: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 140
TABLE 120 SPAIN: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 140
10.3.6 REST OF EUROPE 140
TABLE 121 ROE: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 141
TABLE 122 ROE: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 141
TABLE 123 ROE: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 141
TABLE 124 ROE: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 142
TABLE 125 ROE: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 142
TABLE 126 ROE: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 142
TABLE 127 ROE: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 143
10.4 ASIA 143
FIGURE 27 ASIA: LIQUID HANDLING SYSTEMS MARKET SNAPSHOT 144
TABLE 128 ASIA: LIQUID HANDLING SYSTEMS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 145
TABLE 129 ASIA: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 145
TABLE 130 ASIA: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 145
TABLE 131 ASIA: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 146
TABLE 132 ASIA: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 146
TABLE 133 ASIA: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 146
TABLE 134 ASIA: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 147
TABLE 135 ASIA: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 147
10.4.1 JAPAN 147
10.4.1.1 Japan dominates the Asian liquid handling systems market 147
TABLE 136 JAPAN: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 148
TABLE 137 JAPAN: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 148
TABLE 138 JAPAN: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 148
TABLE 139 JAPAN: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 149
TABLE 140 JAPAN: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 149
TABLE 141 JAPAN: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 149
TABLE 142 JAPAN: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 150
10.4.2 CHINA 150
10.4.2.1 Focus on precision medicine and a large research base make China a key market 150
TABLE 143 CHINA: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 150
TABLE 144 CHINA: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 151
TABLE 145 CHINA: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 151
TABLE 146 CHINA: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 151
TABLE 147 CHINA: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 152
TABLE 148 CHINA: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 152
TABLE 149 CHINA: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 152
10.4.3 INDIA 153
10.4.3.1 Large population, growing biotech sector, and government support drive market growth 153
TABLE 150 INDIA: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 153
TABLE 151 INDIA: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 153
TABLE 152 INDIA: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 154
TABLE 153 INDIA: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 154
TABLE 154 INDIA: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 154
TABLE 155 INDIA: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 155
TABLE 156 INDIA: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 155
10.4.4 REST OF ASIA 155
TABLE 157 ROA: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 156
TABLE 158 ROA: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 156
TABLE 159 ROA: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 156
TABLE 160 ROA: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 157
TABLE 161 ROA: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 157
TABLE 162 ROA: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 157
TABLE 163 ROA: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 158
10.5 REST OF THE WORLD 158
TABLE 164 ROW: LIQUID HANDLING SYSTEMS MARKET, BY TYPE,
2019–2026 (USD MILLION) 159
TABLE 165 ROW: LIQUID HANDLING SYSTEMS MARKET, BY PRODUCT,
2019–2026 (USD MILLION) 159
TABLE 166 ROW: PIPETTES MARKET, BY TYPE, 2019–2026 (USD MILLION) 159
TABLE 167 ROW: CONSUMABLES MARKET, BY TYPE, 2019–2026 (USD MILLION) 160
TABLE 168 ROW: LIQUID HANDLING SYSTEMS MARKET, BY APPLICATION,
2019–2026 (USD MILLION) 160
TABLE 169 ROW: LIQUID HANDLING SYSTEMS MARKET FOR DRUG DISCOVERY APPLICATIONS, BY TYPE, 2019–2026 (USD MILLION) 160
TABLE 170 ROW: LIQUID HANDLING SYSTEMS MARKET, BY END USER,
2019–2026 (USD MILLION) 161
11 COMPETITIVE LANDSCAPE 162
11.1 OVERVIEW 162
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 162
TABLE 171 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN THE LIQUID HANDLING SYSTEMS MARKET 162
11.3 MARKET SHARE ANALYSIS 163
TABLE 172 LIQUID HANDLING SYSTEMS MARKET: DEGREE OF COMPETITION 163
11.4 COMPANY EVALUATION QUADRANT 164
11.4.1 STARS 164
11.4.2 EMERGING LEADERS 164
11.4.3 PERVASIVE PLAYERS 164
11.4.4 PARTICIPANTS 164
FIGURE 28 COMPANY EVALUATION QUADRANT: LIQUID HANDLING SYSTEMS MARKET 165
11.5 COMPANY EVALUATION QUADRANT FOR SMES/START-UPS 166
11.5.1 PROGRESSIVE COMPANIES 166
11.5.2 STARTING BLOCKS 166
11.5.3 RESPONSIVE COMPANIES 166
11.5.4 DYNAMIC COMPANIES 166
FIGURE 29 COMPANY EVALUATION MATRIX FOR SMES/START-UPS: LIQUID HANDLING SYSTEMS MARKET 167
11.6 COMPANY FOOTPRINT ANALYSIS 168
TABLE 173 COMPANY FOOTPRINT 168
TABLE 174 COMPANY REGIONAL FOOTPRINT 169
TABLE 175 COMPANY PRODUCT FOOTPRINT 170
11.7 COMPETITIVE BENCHMARKING 171
TABLE 176 LIQUID HANDLING SYSTEMS MARKET: DETAILED LIST OF KEY START-UP/SMES 171
11.8 COMPETITIVE SCENARIO 171
11.8.1 PRODUCT LAUNCHES 171
TABLE 177 KEY PRODUCT LAUNCHES 171
11.8.2 DEALS 172
TABLE 178 KEY DEALS 172
11.8.3 OTHER DEVELOPMENTS 173
TABLE 179 KEY OTHER DEVELOPMENTS 173
12 COMPANY PROFILES 174
12.1 KEY PLAYERS 174
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 THERMO FISHER SCIENTIFIC 174
TABLE 180 THERMO FISHER SCIENTIFIC: BUSINESS OVERVIEW 174
FIGURE 30 THERMO FISHER SCIENTIFIC: COMPANY SNAPSHOT (2021) 175
12.1.2 DANAHER CORPORATION 178
TABLE 181 DANAHER CORPORATION: BUSINESS OVERVIEW 178
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2021) 178
12.1.3 PERKINELMER, INC. 181
TABLE 182 PERKINELMER, INC.: BUSINESS OVERVIEW 181
FIGURE 32 PERKINELMER, INC.: COMPANY SNAPSHOT (JAN 2022) 181
12.1.4 METTLER-TOLEDO INTERNATIONAL INC. 184
TABLE 183 METTLER-TOLEDO INTERNATIONAL INC.: BUSINESS OVERVIEW 184
FIGURE 33 METTLER-TOLEDO INTERNATIONAL INC.: COMPANY SNAPSHOT (2021) 185
12.1.5 AGILENT TECHNOLOGIES INC. 188
TABLE 184 AGILENT TECHNOLOGIES INC.: BUSINESS OVERVIEW 188
FIGURE 34 AGILENT TECHNOLOGIES: COMPANY SNAPSHOT (2021) 188
12.1.6 QIAGEN 190
TABLE 185 QIAGEN: BUSINESS OVERVIEW 190
FIGURE 35 QIAGEN NV: COMPANY SNAPSHOT (2021) 191
12.1.7 CORNING INCORPORATED 193
TABLE 186 CORNING INCORPORATED: BUSINESS OVERVIEW 193
FIGURE 36 CORNING INCORPORATED: COMPANY SNAPSHOT (2021) 194
12.1.8 SARTORIUS AG 198
TABLE 187 SARTORIUS AG: BUSINESS OVERVIEW 198
FIGURE 37 SARTORIUS AG: COMPANY SNAPSHOT (2021) 199
12.1.9 LONZA GROUP LTD. 201
TABLE 188 LONZA GROUP LTD.: BUSINESS OVERVIEW 201
FIGURE 38 LONZA GROUP LTD.: COMPANY SNAPSHOT (2021) 202
12.1.10 TECAN GROUP LTD. 205
TABLE 189 TECAN GROUP LTD: BUSINESS OVERVIEW 205
FIGURE 39 TECAN GROUP LTD.: COMPANY SNAPSHOT (2020) 206
12.1.11 EPPENDORF 209
TABLE 190 EPPENDORF AG: BUSINESS OVERVIEW 209
FIGURE 40 EPPENDORF: COMPANY SNAPSHOT (2020) 210
12.1.12 BROOKS AUTOMATION INC. 213
TABLE 191 BROOKS AUTOMATION INC.: BUSINESS OVERVIEW 213
FIGURE 41 BROOKS AUTOMATION INC.: COMPANY SNAPSHOT (2021) 213
12.1.13 ENDRESS+HAUSER GROUP SERVICES AG 215
TABLE 192 ENDRESS+HAUSER GROUP SERVICES AG: BUSINESS OVERVIEW 215
FIGURE 42 ENDRESS+HAUSER: COMPANY SNAPSHOT (2020) 215
12.1.14 BRAND GMBH + CO KG 217
TABLE 193 BRAND GMBH + CO KG: BUSINESS OVERVIEW 217
12.1.15 GREINER BIO-ONE INTERNATIONAL GMBH 220
TABLE 194 GREINER BIO-ONE INTERNATIONAL GMBH: BUSINESS OVERVIEW 220
12.1.16 GARDNER DENVER 221
TABLE 195 GARDNER DENVER: BUSINESS OVERVIEW 221
12.1.17 GILSON INCORPORATED 223
TABLE 196 GILSON INCORPORATED: BUSINESS OVERVIEW 223
12.1.18 HAMILTON COMPANY 226
TABLE 197 HAMILTON COMPANY: BUSINESS OVERVIEW 226
12.1.19 HUDSON ROBOTICS 229
TABLE 198 HUDSON ROBOTICS: BUSINESS OVERVIEW 229
12.1.20 HITEC ZANG GMBH 231
TABLE 199 HITEC ZANG GMBH: BUSINESS OVERVIEW 231
12.1.21 INTEGRA BIOSCIENCES LTD. 233
TABLE 200 INTEGRA BIOSCIENCES LTD.: BUSINESS OVERVIEW 233
12.1.22 METROHM AG 235
TABLE 201 METROHM AG: BUSINESS OVERVIEW 235
12.1.23 OROCHEM TECHNOLOGIES INC. 237
TABLE 202 OROCHEM TECHNOLOGIES INC.: BUSINESS OVERVIEW 237
12.1.24 SPT LABTECH LTD 239
TABLE 203 SPT LABTECH LTD: BUSINESS OVERVIEW 239
12.1.25 TOMTEC 243
TABLE 204 TOMTEC: BUSINESS OVERVIEW 243
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13 APPENDIX 244
13.1 INSIGHTS FROM INDUSTRY EXPERTS 244
13.2 DISCUSSION GUIDE 245
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 249
13.4 AVAILABLE CUSTOMIZATIONS 251
13.5 RELATED REPORTS 251
13.6 AUTHOR DETAILS 252