According to a new report, published by KBV research, The Global Mercury Analyzer Market size is expected to reach $472 million by 2031, rising at a market growth of 6.5% CAGR during the forecast period.
The Cold Vapor Atomic Absorption (CVAA) segment is generating the highest revenue in Global Mercury Analyzer Market by Type in 2023; thereby, achieving a market value of $263 million by 2031. CVAA analyzers offer high sensitivity and selectivity for mercury detection. They can accurately measure trace levels of mercury in various samples, including environmental, biological, and industrial samples. This makes them indispensable for applications where precise quantification of mercury is required, such as environmental monitoring, food and beverage testing, and medical diagnostics.
The Environment Monitoring segment is leading the Global Mercury Analyzer Market by End-Use Industry in 2023; thereby, achieving a market value of $160.4 million by 2031. Mercury is a potent neurotoxin that can bioaccumulate in the environment and biomagnified through the food chain, posing significant health risks to humans and wildlife. Monitoring mercury levels in environmental media such as air, water, and soil is critical for assessing exposure risks, protecting public health, and identifying areas of contamination that require remediation.
The Continuous Monitoring segment is experiencing a CAGR of 7.3% during (2024 - 2031). Continuous monitoring systems enable real-time measurement of mercury concentrations in ambient air, stack emissions, water effluents, and other media. Industries subject to regulatory emissions limits or environmental permits require continuous monitoring to ensure compliance with discharge standards and mitigate the risk of mercury pollution.
Full Report: https://www.kbvresearch.com/mercury-analyzer-market/
The Asia Pacific region dominated the Global Mercury Analyzer Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $195.2 million by 2031. The North America region is anticipating a CAGR of 5.8% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 6% during (2024 - 2031).
By Type
By End-Use Industry
By Monitoring Type
By Geography