Hydrocarbon Gas Analyzer System Market Size - By Technology (Electrochemical, Paramagnetic, Zirconia (ZR), Non-dispersive IR (NDIR)), & Forecast, 2023

Description

List of Tables

Hydrocarbon gas analyzer system market size is projected to expand at 5.3% CAGR from 2023 to 2032. The influx of stringent environmental regulations for mandating precise monitoring of gas emissions from several industries is driving the demand for accurate and reliable analyzers. The increasing concerns about air quality and the need to ensure workplace safety will also escalate the product demand.

The rising stream of technological advancements, such as the integration of smart sensors and real-time monitoring capabilities is making way for enhanced system efficiency. For instance, in May 2023, Yokogawa Electric Corporation introduced a new generation of non-dispersive infrared (NDIR) gas analyzers within the OpreX Analyzers lineup to offer flexibility in addressing diverse mounting and operational requirements. The growing exploration and production activities in the oil & gas sector along with the rising demand for natural gas is also increasing the application of hydrocarbon gas analyzers. Additionally, expanding usage in the petrochemical, chemical, and automotive sectors will drive the industry growth.

The hydrocarbon gas analyzer system market is segregated into technology, and region.

Based on technology, the industry value from the zirconia (ZR) technology segment is projected to accrue substantial CAGR from 2023 to 2032. The growth can be attributed to the surging demand for high-precision gas analysis, stringent environmental regulations, and expanding application potential in the oil & gas industries. The ability of zirconia technology to provide accurate measurements in harsh conditions is favoring its suitability in applications requiring low detection limits. Additionally, the ongoing technological advancements for enhancing the performance and reliability of zirconia-based analyzers will drive the segment growth.

Regionally, the Europe hydrocarbon gas analyzer system industry is slated to expand at notable pace from 2023 to 2032. The presence of stringent environmental regulations is pushing several industries across the region to adopt advanced gas analysis solutions for monitoring emissions. In addition, the increasing emphasis on workplace safety coupled with the rising demand for precise and reliable gas measurement technologies in the petrochemicals and automotive sectors will fuel the regional product demand.

Product Code: 7481

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Unpaid

Chapter 2 Executive Summary

2.1 Hydrocarbon gas analyzer system industry 360 degree synopsis, 2019 - 2032
2.2 Business trends
2.3 Technology trends
2.4 Regional trends

Chapter 3 Hydrocarbon Gas Analyzer System Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Vendor Matrix
3.2 Regulatory landscape
3.3 Industry impact forces
- 3.3.1 Growth drivers
- 3.3.2 Industry pitfalls & challenges
3.4 COVID- 19 impact on the industry outlook
3.5 Growth potential analysis
3.6 Porter's Analysis
- 3.6.1 Bargaining power of suppliers
- 3.6.2 Bargaining power of buyers
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
3.7 PESTEL Analysis

Chapter 4 Competitive Landscape, 2023

4.1 Strategic dashboard
4.2 Innovation & sustainability landscape

Chapter 5 Hydrocarbon Gas Analyzer System Market, By Technology (USD Million)

5.1 Key technology trends
5.2 Electrochemical
5.3 Paramagnetic
5.4 Zirconia (ZR)
5.5 Non-dispersive IR (NDIR)
5.6 Others

Chapter 6 Hydrocarbon Gas Analyzer System Market, By Region (USD Million)

6.1 Key regional trends
6.2 North America
- 6.2.1 U.S.
- 6.2.2 Canada
6.3 Europe
- 6.3.1 UK
- 6.3.2 Germany
- 6.3.3 France
- 6.3.4 Italy
- 6.3.5 Russia
- 6.3.6 Norway
6.4 Asia Pacific
- 6.4.1 China
- 6.4.2 Japan
- 6.4.3 India
- 6.4.4 South Korea
- 6.4.5 Australia
- 6.4.6 Thailand
- 6.4.7 Singapore
- 6.4.8 Malaysia
- 6.4.9 Philippines
- 6.4.10 Vietnam
- 6.4.11 Indonesia
6.5 Middle East & Africa
- 6.5.1 Saudi Arabia
- 6.5.2 UAE
- 6.5.3 Turkey
- 6.5.4 South Africa
6.6 Latin America
- 6.6.1 Brazil
- 6.6.2 Mexico
- 6.6.3 Argentina

Chapter 7 Company Profiles

7.1 ABB
7.2 Siemens
7.3 Yokogawa Electric Corporation
7.4 Thermo Fisher Scientific Inc.
7.5 Endress+Hauser Group Services AG
7.6 PerkinElmer Inc.
7.7 Fuji Electric Co., Ltd.
7.8 Agilent Technologies, Inc.
7.9 Honeywell International Inc.
7.10 EVIDENT
7.11 Analytical Systems Keco, LLC
7.12 Nova Analytical Systems
7.13 Ecotec Solutions, Inc.
7.14 M&C TechGroup Germany
7.15 Advanced Micro Instruments