PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1209818
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1209818
Flue Gas Analyzer Market Forecasts to 2028 - Global Analysis By Installation, Gas Component, Application and By Geography
According to Stratistics MRC, the Global Flue Gas Analyzer Market is accounted for $3224.83 million in 2022 and is expected to reach $5145.91 million by 2028 growing at a CAGR of 8.1% during the forecast period. Flue Gas Analyzers are the portable devices used for measuring the air quality. They help to measure the concentration of different gases such as carbon dioxide and carbon monoxide deriving the maximum combustion. They help to diagnose the waste gases efficiently and analyze gases emitted from residential and commercial properties. They provide information such as data logging and ambient air monitoring. It protects the atmosphere from poisonous and dangerous gases while also enhancing the plant's efficiency.
According to the CIA World Fact book, China's industrial production value of Flue Gas Analyzers was only 62% of the U.S which increased to 120% that was USD 3.7 trillion.
Market Dynamics:
Driver:
Surging Environmental Concerns
The flue gas analysers are introduced due to increased demand for environmental protection, stricter environmental and regulatory requirements and increased health and safety concerns. They help to diagnose the waste gases, reduce emissions and optimizes thermal processes. The increase in disposable income and the raise in the purchasing power among the consumers and rapid globalization are fuelling the growth of the market.
Restraint:
Poor stability
The stability of the flue gas analyzers is comparatively very poor as the selectivity of each sensor is not accurate and the output parameters cannot be determined. They are very sensitive to heat release. They should always ensure the flue integrity. Insufficient fuel source and battery power affects its functions. The complex structure, bad operating environment and large vibration are hampering the demand of market.
Opportunity:
Rapid industrialization
Industrial segments mostly use the flue gas analyzers in their applications and tiny furnaces. They enable to measure the concentrations of various gases and adjust burners on a boiler to help achieve optimal combustion. It helps to enhance combustion efficiency in industries. The aspects such as decreasing pollution, reducing emissions, efficiency and rapid usage are anticipated to have a lucrative growth in the market.
Threat:
Low awareness
Many people are not aware about the flue gas analyzers. Consumers have a threat on whether the analyzers could accurately measure or not. The usage of the analyzer needs better understanding to measure the results from testing appliances. Analyser extracts combustion gases that may be toxic in relatively low which is not aware by many consumers. Less knowledge on the appliance and ratio calculation are hindering the market demand.
COVID-19 Impact
The spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The impose of lockdown and strict social norms shown drastic impact on the economy. Flue gas analyzer market also got affected by the pandemic as the industrial sector was totally shutdown during lockdown. The reopening of trade activities, the market retained its position and witnessing steady growth.
The inline segment is expected to be the largest during the forecast period
The inline segment is estimated to have a lucrative growth, due to installation, technology and application. During long term measurements, these analyzers give precision and reliability. They have an enormous installation base. They track emissions in incineration plants. Their weather proof and explosion proof enclosures made the demand of the flue gas analyzers witness a lucrative growth.
The NOx gas segment is expected to have the highest CAGR during the forecast period
The Nox gas segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its strong oxidization. It includes sensor technologies based on chemi luminescence and electrochemical techniques. It is ideal for flue gas monitoring in waste incinerators, boilers and furnaces. Its ability to not react at ambient temperature and measurement of light intensity are fuelling the market demand.
Region with highest share:
North America is projected to hold the largest market share during the forecast period owing to its better and enhanced industrialization. Growing demand for industrial sector and environmental regulations are influencing the analyzers market. Increase in health and safety concerns are growing the manufacturing of these analyzers in this region which is fuelling the growth of the market.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period, owing to increasing number of factories and air pollution. This region provides less stringent wages and many companies are increasing investments. Air pollution is very high in this region. Due to rise in the demand for air pollution regulations, the flue gas analyzers manufacturing is raising and propelling the market growth.
Key players in the market
Some of the key players profiled in the Flue Gas Analyzer Market include Teledyne FLIR LLC, California Analytical Instruments Inc, ABB, Teledyne Analytical Instruments, SICK AG, AMETEK, SEITRON, Dragerwerk, Thermo Fisher Scientific, Environnement, Honeywell International Inc, Fluenta, HORIBA, Advanced Energy Industries Inc, Siemens, Testo SE & Co, Beijing SDL Technology, MRU GMBH, Wuhan Tianhong Instruments, Endee Engineers
Key Developments:
In July 2022, SEITRON introduces the new novo combustion analyzer. It is designed to make combustion analysis quick and intuitive. It features 7'' touch display for easy menu navigation, draught measurement, integrated water trap with LED backlight for easy maintenance and new dual range sensor technology.
In March 2022, HORIBA Launches Hydrogen Gas Analyzer HyEVO. HyEVO can measure hydrogen with exceptional accuracy and resolution even in gases that contain high water content without the need of removing the water. It is ideal for applications such as hydrogen engines and fuel cells.
Installations Covered:
- Portable
- Inline
- Other Installations
Components Covered:
- Sox
- COx
- NOx
- Other Gas Components
Applications Covered:
- Power Generation
- Chemicals
- Oil & Gas
- Pulp
- Cement Plants
- Paper Waste Incineration
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Flue Gas Analyzer Market, By Installation
- 5.1 Introduction
- 5.2 Portable
- 5.3 Inline
- 5.4 Other Installations
6 Global Flue Gas Analyzer Market, By Gas Component
- 6.1 Introduction
- 6.2 Sox
- 6.3 COx
- 6.4 NOx
- 6.5 Other Gas Components
7 Global Flue Gas Analyzer Market, By Application
- 7.1 Introduction
- 7.2 Power Generation
- 7.3 Chemicals
- 7.4 Oil & Gas
- 7.5 Pulp
- 7.6 Cement Plants
- 7.7 Paper Waste Incineration
- 7.8 Other Applications
8 Global Flue Gas Analyzer Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Teledyne FLIR LLC
- 10.2 California Analytical Instruments Inc
- 10.3 ABB
- 10.4 Teledyne Analytical Instruments
- 10.5 SICK AG
- 10.6 AMETEK
- 10.7 SEITRON
- 10.8 Dragerwerk
- 10.9 Thermo Fisher Scientific
- 10.10 Environnement
- 10.11 Honeywell International Inc
- 10.12 Fluenta
- 10.1 HORIBA
- 10.14 Advanced Energy Industries Inc
- 10.15 Siemens
- 10.16 Testo SE & Co
- 10.17 Beijing SDL Technology
- 10.18 MRU GMBH
- 10.19 Wuhan Tianhong Instruments
- 10.20 Endee Engineers
List of Tables
- Table 1 Global Flue Gas Analyzer Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Flue Gas Analyzer Market Outlook, By Installation (2020-2028) ($MN)
- Table 3 Global Flue Gas Analyzer Market Outlook, By Portable (2020-2028) ($MN)
- Table 4 Global Flue Gas Analyzer Market Outlook, By Inline (2020-2028) ($MN)
- Table 5 Global Flue Gas Analyzer Market Outlook, By Other Installations (2020-2028) ($MN)
- Table 6 Global Flue Gas Analyzer Market Outlook, By Gas Component (2020-2028) ($MN)
- Table 7 Global Flue Gas Analyzer Market Outlook, By Sox (2020-2028) ($MN)
- Table 8 Global Flue Gas Analyzer Market Outlook, By COx (2020-2028) ($MN)
- Table 9 Global Flue Gas Analyzer Market Outlook, By NOx (2020-2028) ($MN)
- Table 10 Global Flue Gas Analyzer Market Outlook, By Other Gas Components (2020-2028) ($MN)
- Table 11 Global Flue Gas Analyzer Market Outlook, By Application (2020-2028) ($MN)
- Table 12 Global Flue Gas Analyzer Market Outlook, By Power Generation (2020-2028) ($MN)
- Table 13 Global Flue Gas Analyzer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 14 Global Flue Gas Analyzer Market Outlook, By Oil & Gas (2020-2028) ($MN)
- Table 15 Global Flue Gas Analyzer Market Outlook, By Pulp (2020-2028) ($MN)
- Table 16 Global Flue Gas Analyzer Market Outlook, By Cement Plants (2020-2028) ($MN)
- Table 17 Global Flue Gas Analyzer Market Outlook, By Paper Waste Incineration (2020-2028) ($MN)
- Table 18 Global Flue Gas Analyzer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 19 North America Flue Gas Analyzer Market Outlook, By Country (2020-2028) ($MN)
- Table 20 North America Flue Gas Analyzer Market Outlook, By Installation (2020-2028) ($MN)
- Table 21 North America Flue Gas Analyzer Market Outlook, By Portable (2020-2028) ($MN)
- Table 22 North America Flue Gas Analyzer Market Outlook, By Inline (2020-2028) ($MN)
- Table 23 North America Flue Gas Analyzer Market Outlook, By Other Installations (2020-2028) ($MN)
- Table 24 North America Flue Gas Analyzer Market Outlook, By Gas Component (2020-2028) ($MN)
- Table 25 North America Flue Gas Analyzer Market Outlook, By Sox (2020-2028) ($MN)
- Table 26 North America Flue Gas Analyzer Market Outlook, By COx (2020-2028) ($MN)
- Table 27 North America Flue Gas Analyzer Market Outlook, By NOx (2020-2028) ($MN)
- Table 28 North America Flue Gas Analyzer Market Outlook, By Other Gas Components (2020-2028) ($MN)
- Table 29 North America Flue Gas Analyzer Market Outlook, By Application (2020-2028) ($MN)
- Table 30 North America Flue Gas Analyzer Market Outlook, By Power Generation (2020-2028) ($MN)
- Table 31 North America Flue Gas Analyzer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 32 North America Flue Gas Analyzer Market Outlook, By Oil & Gas (2020-2028) ($MN)
- Table 33 North America Flue Gas Analyzer Market Outlook, By Pulp (2020-2028) ($MN)
- Table 34 North America Flue Gas Analyzer Market Outlook, By Cement Plants (2020-2028) ($MN)
- Table 35 North America Flue Gas Analyzer Market Outlook, By Paper Waste Incineration (2020-2028) ($MN)
- Table 36 North America Flue Gas Analyzer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 37 Europe Flue Gas Analyzer Market Outlook, By Country (2020-2028) ($MN)
- Table 38 Europe Flue Gas Analyzer Market Outlook, By Installation (2020-2028) ($MN)
- Table 39 Europe Flue Gas Analyzer Market Outlook, By Portable (2020-2028) ($MN)
- Table 40 Europe Flue Gas Analyzer Market Outlook, By Inline (2020-2028) ($MN)
- Table 41 Europe Flue Gas Analyzer Market Outlook, By Other Installations (2020-2028) ($MN)
- Table 42 Europe Flue Gas Analyzer Market Outlook, By Gas Component (2020-2028) ($MN)
- Table 43 Europe Flue Gas Analyzer Market Outlook, By Sox (2020-2028) ($MN)
- Table 44 Europe Flue Gas Analyzer Market Outlook, By COx (2020-2028) ($MN)
- Table 45 Europe Flue Gas Analyzer Market Outlook, By NOx (2020-2028) ($MN)
- Table 46 Europe Flue Gas Analyzer Market Outlook, By Other Gas Components (2020-2028) ($MN)
- Table 47 Europe Flue Gas Analyzer Market Outlook, By Application (2020-2028) ($MN)
- Table 48 Europe Flue Gas Analyzer Market Outlook, By Power Generation (2020-2028) ($MN)
- Table 49 Europe Flue Gas Analyzer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 50 Europe Flue Gas Analyzer Market Outlook, By Oil & Gas (2020-2028) ($MN)
- Table 51 Europe Flue Gas Analyzer Market Outlook, By Pulp (2020-2028) ($MN)
- Table 52 Europe Flue Gas Analyzer Market Outlook, By Cement Plants (2020-2028) ($MN)
- Table 53 Europe Flue Gas Analyzer Market Outlook, By Paper Waste Incineration (2020-2028) ($MN)
- Table 54 Europe Flue Gas Analyzer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 55 Asia Pacific Flue Gas Analyzer Market Outlook, By Country (2020-2028) ($MN)
- Table 56 Asia Pacific Flue Gas Analyzer Market Outlook, By Installation (2020-2028) ($MN)
- Table 57 Asia Pacific Flue Gas Analyzer Market Outlook, By Portable (2020-2028) ($MN)
- Table 58 Asia Pacific Flue Gas Analyzer Market Outlook, By Inline (2020-2028) ($MN)
- Table 59 Asia Pacific Flue Gas Analyzer Market Outlook, By Other Installations (2020-2028) ($MN)
- Table 60 Asia Pacific Flue Gas Analyzer Market Outlook, By Gas Component (2020-2028) ($MN)
- Table 61 Asia Pacific Flue Gas Analyzer Market Outlook, By Sox (2020-2028) ($MN)
- Table 62 Asia Pacific Flue Gas Analyzer Market Outlook, By COx (2020-2028) ($MN)
- Table 63 Asia Pacific Flue Gas Analyzer Market Outlook, By NOx (2020-2028) ($MN)
- Table 64 Asia Pacific Flue Gas Analyzer Market Outlook, By Other Gas Components (2020-2028) ($MN)
- Table 65 Asia Pacific Flue Gas Analyzer Market Outlook, By Application (2020-2028) ($MN)
- Table 66 Asia Pacific Flue Gas Analyzer Market Outlook, By Power Generation (2020-2028) ($MN)
- Table 67 Asia Pacific Flue Gas Analyzer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 68 Asia Pacific Flue Gas Analyzer Market Outlook, By Oil & Gas (2020-2028) ($MN)
- Table 69 Asia Pacific Flue Gas Analyzer Market Outlook, By Pulp (2020-2028) ($MN)
- Table 70 Asia Pacific Flue Gas Analyzer Market Outlook, By Cement Plants (2020-2028) ($MN)
- Table 71 Asia Pacific Flue Gas Analyzer Market Outlook, By Paper Waste Incineration (2020-2028) ($MN)
- Table 72 Asia Pacific Flue Gas Analyzer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 73 South America Flue Gas Analyzer Market Outlook, By Country (2020-2028) ($MN)
- Table 74 South America Flue Gas Analyzer Market Outlook, By Installation (2020-2028) ($MN)
- Table 75 South America Flue Gas Analyzer Market Outlook, By Portable (2020-2028) ($MN)
- Table 76 South America Flue Gas Analyzer Market Outlook, By Inline (2020-2028) ($MN)
- Table 77 South America Flue Gas Analyzer Market Outlook, By Other Installations (2020-2028) ($MN)
- Table 78 South America Flue Gas Analyzer Market Outlook, By Gas Component (2020-2028) ($MN)
- Table 79 South America Flue Gas Analyzer Market Outlook, By Sox (2020-2028) ($MN)
- Table 80 South America Flue Gas Analyzer Market Outlook, By COx (2020-2028) ($MN)
- Table 81 South America Flue Gas Analyzer Market Outlook, By NOx (2020-2028) ($MN)
- Table 82 South America Flue Gas Analyzer Market Outlook, By Other Gas Components (2020-2028) ($MN)
- Table 83 South America Flue Gas Analyzer Market Outlook, By Application (2020-2028) ($MN)
- Table 84 South America Flue Gas Analyzer Market Outlook, By Power Generation (2020-2028) ($MN)
- Table 85 South America Flue Gas Analyzer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 86 South America Flue Gas Analyzer Market Outlook, By Oil & Gas (2020-2028) ($MN)
- Table 87 South America Flue Gas Analyzer Market Outlook, By Pulp (2020-2028) ($MN)
- Table 88 South America Flue Gas Analyzer Market Outlook, By Cement Plants (2020-2028) ($MN)
- Table 89 South America Flue Gas Analyzer Market Outlook, By Paper Waste Incineration (2020-2028) ($MN)
- Table 90 South America Flue Gas Analyzer Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 91 Middle East & Africa Flue Gas Analyzer Market Outlook, By Country (2020-2028) ($MN)
- Table 92 Middle East & Africa Flue Gas Analyzer Market Outlook, By Installation (2020-2028) ($MN)
- Table 93 Middle East & Africa Flue Gas Analyzer Market Outlook, By Portable (2020-2028) ($MN)
- Table 94 Middle East & Africa Flue Gas Analyzer Market Outlook, By Inline (2020-2028) ($MN)
- Table 95 Middle East & Africa Flue Gas Analyzer Market Outlook, By Other Installations (2020-2028) ($MN)
- Table 96 Middle East & Africa Flue Gas Analyzer Market Outlook, By Gas Component (2020-2028) ($MN)
- Table 97 Middle East & Africa Flue Gas Analyzer Market Outlook, By Sox (2020-2028) ($MN)
- Table 98 Middle East & Africa Flue Gas Analyzer Market Outlook, By COx (2020-2028) ($MN)
- Table 99 Middle East & Africa Flue Gas Analyzer Market Outlook, By NOx (2020-2028) ($MN)
- Table 100 Middle East & Africa Flue Gas Analyzer Market Outlook, By Other Gas Components (2020-2028) ($MN)
- Table 101 Middle East & Africa Flue Gas Analyzer Market Outlook, By Application (2020-2028) ($MN)
- Table 102 Middle East & Africa Flue Gas Analyzer Market Outlook, By Power Generation (2020-2028) ($MN)
- Table 103 Middle East & Africa Flue Gas Analyzer Market Outlook, By Chemicals (2020-2028) ($MN)
- Table 104 Middle East & Africa Flue Gas Analyzer Market Outlook, By Oil & Gas (2020-2028) ($MN)
- Table 105 Middle East & Africa Flue Gas Analyzer Market Outlook, By Pulp (2020-2028) ($MN)
- Table 106 Middle East & Africa Flue Gas Analyzer Market Outlook, By Cement Plants (2020-2028) ($MN)
- Table 107 Middle East & Africa Flue Gas Analyzer Market Outlook, By Paper Waste Incineration (2020-2028) ($MN)
- Table 108 Middle East & Africa Flue Gas Analyzer Market Outlook, By Other Applications (2020-2028) ($MN)
