A new research report by Transparency Market Research (TMR) states that the global market for paperless recorders has been observing a substantial increase in its valuation and a surge in its market size. Researchers expect this market to continue growing steadily over the forthcoming years. The research study, titled “Paperless Recorders Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” presents a comprehensive evaluation of this market, taking its past and present performance into account. The market boosters, obstacles, prominent trends, opportunities, and the growth potential in this market have also been evaluated while conducting this research.
According to the research report, the increasing awareness about the benefits offered by paperless recorders, such as they offer data in a more efficient and faster way than chart recorders that required paper and ink, is the main factor behind the growth of the global paperless recorders market.
The global market for paperless recorders can be assessed on the basis of the end user, application, and the regional spread. Based on the end users, the market can be classified into the biotech, water and waste, industrial heating, chemical, food processing, power generation, pharmaceutical, semiconductor, manufactured goods, and the metals processing industries. Based on the application, the market can be categorized into flow monitoring, drying ovens, fermentation processes, power monitoring, sterilization, freeze drying, environmental monitoring, and heat treating. North America, Europe, Asia Pacific, and the Rest of the World can be considered as the key geographical segments of this market across the world.
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ABB, Palmer, National Electrical Manufacturers Association (NEMA), Honeywell, Anadig systems, R.S Enterprises, Dwyer, Bioline group Pvt. Ltd., Global water, ABACUS instruments, Chino corp. India, Coulton, Kashyap marketing, Fuji electric Corp. of America, and Yokogawa are some of the leading players in the global market for paperless recorders. The report presents a thorough analysis of the competitive landscape of this market on the basis of the performance of these players.