Gas Analyzer Systems Market Size - By Technology (Electrochemical, Paramagnetic, Zirconia (ZR), Non-Dispersive IR (NDIR)), By End-Use (Oil & Gas, Chemical & Petrochemical, Healthcare, Research, Water and Wastewater), & Forecast, 2024 – 2032

Gas Analyzer Systems Market Size

Gas Analyzer Systems Market Size was estimated at USD 2.9 billion in 2023 and is anticipated to attain a growth rate of 5.7% through 2032. Continuous rise in harmful gases emissions from industries along with adoption of various favorable measures to mitigate the carbon footprint is set to complement the industry outlook.
 

For instance, In November 2022, the U.S. Environmental Protection Agency (EPA) has proposed to update, expand, and strengthen its 2021 proposal to minimize toxic air pollutant emissions including methane gas from both prevailing & new operations across the oil & gas industry. Moreover, shifting trends toward adoption of advanced technological systems along with formulation of strategic reforms by respective authorities will further complement the business outlook.
 

Gas Analyzer Systems Market Trends

Gas analyzer systems industry is set to grow owing to significant transition towards the adoption of automated solutions across industrial operations stimulating the demand for optimized gas analyzer devices. Moreover, introduction of stern measures regarding workplace safety along with the rapid product advancements from leading industry participants have introduced a competitive industrial scenario. For instance, in June 2022, SERVOMEX launched SERVOTOUGH SpectraExact 2500, a new generation of gas analyzer system featuring advanced photometric solution. The new product is designed to offer easy operation platform with digital control along with reliable deployment characteristics across a wide range of industrial applications to deliver process and emissions gas analysis in real time.
 

Gas Analyzer Systems Market Analysis

The electrochemical technology is anticipated to surpass USD 1.4 billion by 2032. The technology is anticipated to observe significant growth on account of increasing emission levels across various sectors coupled with the rising demand for advanced emission monitoring systems. These devices are widely integrated for process control & quality maintenance across diversified applications including research institutions and factories to deliver enhanced safety measures. In addition, the deployment of sustainable design products along with intelligent (IoT) measurements will further add to the electrochemical gas analyzer systems industry growth.
 

Gas analyzer systems across oil & gas industry is anticipated to witness a growth rate of over 5% through 3032, owing to the increasing demand for gas monitoring systems coupled with intensified efforts to reduce harmful gaseous emissions. These units are widely deployed across hydrocarbon facilities owing to their capability to accurately measure corrosive gas mixtures and water vapors, ensuring efficient and safe operations. In addition, growing discovery of new conventional & unconventional reserves has propelled the investment to set-up new processing plants which will in turn increase the deployment potential of gas analyzer systems across the new & existing facilities will further add to the hydrocarbon gas analyzer industry dynamics.
 

North America gas analyzer systems market is projected to cross USD 1.5 billion by 2032. The ongoing industrialization across various verticals coupled with the encouraging regulatory framework by the administrative bodies to curb the carbon footprint will favor the industry growth. For instance, in November 2022, the U.S. government introduced the Greenhouse Gas Monitoring Strategy collaborating forces four administrative bodies to monitor, measure, and share the information with respect to mitigating GHG emissions in line with the country’s targets under the 2015 Paris Agreement. Moreover, respective governments across the region have introduced various schemes to promote the adoption of advanced technological systems along with rising safety control measures across end use industries will accelerate the industry growth.
 

Gas Analyzer Systems Market Share

The rising demand for reliable gas measurement technologies to address the increasing release of toxic gases into the environment, along with enhanced safety measures against harmful emissions will shape the gas analyzer systems market dynamics. Moreover, key manufacturing companies including Siemens, Fuji Electric Co., Ltd, Yokogawa Electric Corporation, ABB, HORIBA Group, and Emerson Electric Co., among others, have been continuously reshaping their R&D investments to diversify their product portfolios along with new investments to integrate sustainable technological platforms to expand the customer base & product reach.
 

Gas Analyzer Systems Market Companies

Key players operating across the gas analyzer systems industry comprising of:

• ABB
• Advanced Micro Instruments, Inc.
• AVL List GmbH
• Bühler Technologies GmbH
• DAIICHI NEKKEN CO., LTD.
• DURAG GROUP
• Ecotech
• Emerson Electric Co.
• ENVEA
• Fuji Electric Co., Ltd
• Hiden Analytical
• HORIBA Group
• Leybold
• M&C TechGroup Germany
• METTLER TOLEDO
• Nova Analytical Systems
• Servomex
• Shimadzu Corporation
• SICK AG
• Siemens
• Thermo Fisher Scientific Inc.
• Yokogawa Electric Corporation
   

Gas Analyzer Systems Industry News

• In May 2023, Yokogawa Electric Corporation declared to add a new line of non-dispersive infrared method (NDIR) gas analyzers under the company’s OpreX product portfolio. The new products are designed to simultaneously analyze the concentration of a wide range of gases including oxygen, methane, carbon dioxide, carbon monoxide, nitric oxide, and sulfur dioxide, exhibiting significant role in diminishing greenhouse gas emissions.
   
• In December 2022, ABB introduced Sensi+ gas analyzer system for monitoring the quality of natural gas. The product can simplify and reduce the pipeline operation & maintenance cost along with enabling easier, safer, efficient operations through a single device. It also can analyze up to three (H2S, H2O, CO2) contaminants accurately in any natural gas stream in a real time.
   

This gas analyzer systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2032 for the following segments:

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Market, By Technology

• Electrochemical
• Paramagnetic
• Zirconia (ZR)
• Non-dispersive IR (NDIR)
• Others

Market, By End-Use

• Oil & Gas
• Chemical & petrochemical
• Healthcare
• Research
• Water and wastewater
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • South Africa
• Latin America
  • Brazil
  • Mexico
  • Argentina