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Asia Pacific Gas Analyzer Systems Market Analysis

  • Report ID: GMI5400
  • Published Date: Nov 2022
  • Report Format: PDF

Asia Pacific Gas Analyzer Systems Market Analysis

Asia Pacific gas analyzer systems market revenue from the electrochemical technology segment is slated to register over 5% CAGR through 2030. The increasing requirement for ambient air quality maintenance and the measurement of carbon monoxide, nitrous oxide, carbon dioxide, and other harmful gases are prominent reasons driving technology deployment. Electrochemical-based units are also suitable for process and quality control and are used for ensuring safety in applications such as research institutions and factories, further fostering product consumption.
 

Asia Pacific Gas Analyzer Systems Market By End-Use

The market size from the healthcare application is anticipated to depict around 6% CAGR between 2022 to 2030, given the emergence of gas analysis as a promising method for early disease detection and diagnosis. Researchers have documented the evidence of the presence of volatile organic compounds in the breath related to lung and breast cancer. These factors will promote the analysis of exhaled breath to detect VOCs that could indicate diseases and consequently augment the production of medical gas analyzers.
 

Over the past decade, Asian countries have become the epicenter of the pharmaceutical industry. China, in particular, has witnessed consistent double-digit growth, underpinned by high healthcare spending, favorable regulatory environments, and ongoing infrastructure expansions. Such developments will proliferate the consumption of gas analyzers to ensure adherence to the modified atmosphere packaging practice across the pharma sector in the region. Medical gas analysis can also accelerate the delivery of unadulterated medicine and supplies.
 

The China gas analyzer systems market size is set to surpass USD 210 million by 2030, considering the rise of emissions from established mining and metal industries. Based on data from the IEA, the country released 9,876.5 megatons of carbon dioxide, becoming the top producer in December 2021, mainly due to the extensive dependence on coal as an energy source. These factors have resulted in the introduction of strict emission standards for oil and gas and power plants, thereby propelling the demand for gas analyzers across the country.

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of gas analyzer systems in Asia Pacific valued at USD 510 million in 2023 and is set to grow at over 6.1% CAGR through 2032, due to the introduction of strict regulations to curb greenhouse gas emissions.

The Chinese market for gas analyzer systems will surpass USD 210 million by 2030, on account of the rise in emission levels from established mining and metal industries.

The APAC gas analyzer systems industry from the electrochemical technology segment is slated to register over 5% CAGR till 2030, owing to the increasing requirement for ambient air quality maintenance.

ABB, Thermo Fisher Scientific Inc., METTLER TOLEDO, Novatech Controls Pty Ltd., HORIBA Group, Siemens, Fuji Electric Co., Ltd., and ENDEE ENGINEERS Pvt. Ltd. are some of the key companies operating in the regional market.

Asia Pacific Gas Analyzer Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 19
  • Tables & Figures: 200
  • Countries covered: 11
  • Pages: 250
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