The mercury analyzer market are driven by several factors, such as increased number of regulations pertaining to environment protection, active participation of government and regulatory bodies to monitor environmental conditions, and increased government funding for pollution monitoring and control. The mercury analyzer market is likely to grow from USD 224.6 Million in 2018 to USD 315.1 Million by 2023, at a CAGR of 7.0% during the forecast period.

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Countries such as China, Japan, and India are the major revenue contributors to the mercury analyzer market in APAC. The market in APAC has high growth potential. The demand for mercury analyzer in APAC is significantly driven by stringent regulations pertaining to environment protection, along with active participation of government and regulatory bodies to monitor environmental conditions.

Top 2 players in mercury analyzer market

Teledyne Leeman Labs (US) held a leading position in the global mercury analyzer market in 2017. Teledyne Leeman Labs is a subsidiary of Teledyne Analytical Instruments.  Teledyne Leeman Labs offers analytical instrumentation for elemental analysis including inductively coupled plasma (ICP) spectrometers, mercury analyzers, including cold vapor atomic absorption (CVAA), cold vapor atomic fluorescence (CVAF), atomic absorption with thermal decomposition, and DC Arc spectrometers for solid sample analysis. The company offers various types of mercury analyzers used in environmental monitoring of air, water, and soil samples; food industry; healthcare industry, and others. It also has a strong global presence and robust supply chain. The company has a strong product portfolio of mercury analyzers. In December 2014, the company introduced their new line of mercury analyzers by unifying Hydra II mercury analyzers with the QuickTrace mercury analyzers. Teledyne Leeman Labs has sales and service subsidiaries worldwide. The company earns its major revenue share from the US and Canada. APAC is the most lucrative market for mercury analyzers; thus, the company is expected to tap the market in this region.  The company is expected to adopt inorganic growth strategy to expand its foothold in APAC during the forecast period.

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Tekran (Canada) was founded in 1989 and has its headquarters in Toronto. It held the second position in the mercury analyzer market. Tekran Instruments Corporation operates as a subsidiary of TSI Incorporated. The company is a leading manufacturer of advanced systems for ambient air and laboratory analysis. The company is well known for the accuracy and dependability of its products. The company also offers products for the measurement of mercury levels. The company offers a wide variety of mercury analyzer series that comes under environmental measurement solutions. The company’s product line include speciating mercury CEM, automated water analysis systems, CVAFS mercury detectors, mercury vapor analyzers, mercury speciation units, particulate mercury units, accessories, heated cartridge samplers, and calibration units. The company’s products are used for mercury measurement applications, including continuous monitoring of smoke stack emissions and ambient air levels, landfills and waste incinerators, mobile surveying of industrial sources, monitoring of levels in urban locations, and seismic forecasting through the detection of increased ground emissions. In August 2017, the company introduced Tekran 2537Xi-NG natural gas mercury monitor. This analyzer is specifically designed to accommodate analytical requirements for natural gas methods ASTM D6350 and ISO 6978. The company also provides customized solutions for the flue gas mercury control. The company markets its products through direct sales and a network of representatives in the US, Canada, Europe, South America, and internationally.

Other major companies in the mercury analyzer market are Thermo Fisher (US) , PerkinElmer (US), Milestone (US), Analytik Jena (Germany), Nippon Instruments (Japan), Hitachi High-Technologies (Japan), Mercury Instruments (Germany), Lumex Instruments (Canada), Brooks Rand Instruments (US), Buck Scientific (US), Northern Arizona University (US), LECO Corporation (US), and Hiranuma Sangya (Japan).

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