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Gas Analyzer Systems Market Size

  • Report ID: GMI5562
  • Published Date: Apr 2023
  • Report Format: PDF
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Gas Analyzer Systems Market Size

Gas Analyzer Systems Market size was worth USD 2.9 billion in 2023 and is estimated to expand at 5.7% CAGR from 2024 to 2032,supported by the consistent rollouts and implementation of stringent gas emission norms & standards.

 

Gas Analyzer Systems Marke

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Shifting trends toward adopting advanced technological systems and formulation of several strategic reforms by respective authorities to monitor emission levels will further contribute to the industry growth. This apart, the growing demand for energy-efficient technologies to measure the concentration of harmful gases across various industry verticals, the increased integration of advanced automated solutions, and the development of new products with advanced operational capabilities are among the key factors unveiling opportunities for market outlook.
 

Gas Analyzer Systems Market Report Attributes
Report Attribute Details
Base Year:2023
Gas Analyzer Systems Market Size in 2023:USD 2.9 Billion
Forecast Period:2024 to 2032
Forecast Period 2024 to 2032 CAGR:5.7%
2032 Value Projection:USD 4.7 Billion
Historical Data for:2019 to 2023
No. of Pages:340
Tables, Charts & Figures:385
Segments covered:Technology, End-Use
Growth Drivers:
  • North America & Europe
    • Stern gas emission norms & standards
    • Positive outlook towards operational safety at workplaces
  • Asia Pacific
    • Stringent regulatory framework to keep a check on emission levels
    • Growing measures to optimize industrial operations
    • Accelerating integration of automation solutions
Pitfalls & Challenges:
  • Design & operational complexities
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Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The market size of gas analyzer systems crossed USD 2.9 billion in 2023 and is slated to grow at 5.7% CAGR during 2024 to 2032, attributed to the escalating rollouts of strict gas emission norms & standards.

The gas analyzer systems industry share from the electrochemical segment is predicted to showcase 5% growth through 2032, given the increasing requirement to deploy emission monitoring systems across several end-use verticals.

The oil & gas segment of the industry is primed to garner over USD 1.5 billion by 2032, attributed to an increased emphasis on minimizing harmful emissions in this business.

North America industry will witness 5% growth rate between 2023 and 2032, owing to the rapid industrial growth and strict regulatory norms to reduce environmental degradation.

Major participants operating the global business scenario are ABB, Fuji Electric Co., Ltd, Siemens, Ecotech, Thermo Fisher Scientific Inc., SICK AG, AVL List GmbH, Bühler Technologies GmbH, ENVEA, DURAG GROUP, Leybold, METTLER TOLEDO, M&C TechGroup Germany, Shimadzu Corporation, amongst other.

Gas Analyzer Systems Market Scope

  • Gas Analyzer Systems Market Size
  • Gas Analyzer Systems Market Analysis
  • Gas Analyzer Systems Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 26
    • Tables & Figures: 385
    • Countries covered: 17
    • Pages: 340
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