Market Research Report
Gas Analyzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
|Published by||IMARC Services Private Limited||Product code||988444|
|Published||Content info||112 Pages
Delivery time: 2-3 business days
|Gas Analyzer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026|
|Published: February 2, 2021||Content info: 112 Pages||
The global gas analyzer market reached a value of US$ 3.49 Billion in 2020. Gas analyzers are measuring instruments which help in determining the quantitative or qualitative composition of gas mixtures. Gas analysis and detection help in improving efficiency and safety and ensuring environmental compliance. They are used to provide essential data in numerous manufacturing, processing and materials research applications in chemicals, oil and gas, and petrochemical industries. They are also employed in environmental monitoring, power generation and water treatment.
An increase in shale gas and tight oil explorations have stimulated the demand for gas analyzers worldwide as they are used to prevent corrosion in natural gas pipeline infrastructure. In addition, government legislation and the enforcement of occupational health and safety regulations have also mandated the use of gas analyzers in various industrial settings. This has further been supported by the rising awareness among individuals regarding the safety hazards of gas leaks and emissions. Apart from this, manufacturers are integrating gas analyzers with smartphones and other wireless devices to provide real-time monitoring, remote-control and backing up data logs. They are also introducing gas analyzers embedded with latest analyzing technologies. For instance, Emerson Electric has launched hybrid analyzers with Quantum Cascade Laser (QCL) and Tunable Diode Laser (TDL) measurement technologies for emission monitoring and gas analysis. Looking forward, IMARC Group expects the global gas analyzer market to exhibit moderate growth during the next five years.