info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Gas Analyzer System Market Research Report By Measurement Type (Portable, Benchtop, Fixed), By Gas Type (Oxygen, Carbon Dioxide, Nitrogen, Hydrogen, Others), By Application (Environmental Monitoring, Industrial Process Control, Safety and Health, Research and Development, Others), By Technology (Infrared Absorption, Electrochemical, Chemiluminescence, Laser Absorption Spectroscopy, Others), By End-User (Chemical Industry, Petrochemical Industry, Automotive Industry, Power Plants, Hospitals and Clinics, Others) and By Regional (North America


ID: MRFR/E&P/28755-HCR | 128 Pages | Author: Priya Nagrale| October 2024

Gas Analyzer System Market Overview:


As per MRFR analysis, the Gas Analyzer System Market Size was estimated at 24.01 (USD Billion) in 2022. The Gas Analyzer System Market Industry is expected to grow from 25.28 (USD Billion) in 2023 to 40.21 (USD Billion) by 2032. The Gas Analyzer System Market CAGR (growth rate) is expected to be around 5.29% during the forecast period (2024 - 2032).


Key Gas Analyzer System Market Trends Highlighted


Advanced technologies and increasing environmental regulations drive the growth of the global gas analyzer system market. Governments worldwide implement stringent regulations to control emissions and improve air quality, boosting demand for accurate and reliable gas analyzers. The rising adoption of automation and Industry 4.0 solutions in various industries, including manufacturing, power generation, and oil gas, creates opportunities for the integration of gas analyzers into automated systems. Recent advancements in sensor technology, data analytics, and connectivity enhance the accuracy, efficiency, and remote monitoring capabilities of gas analyzers. Moreover, growing concerns about workplace safety and health hazards associated with gas leaks and emissions drive the demand for portable and easy-to-use gas analyzers.


Gas Analyzer System Market1


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Gas Analyzer System Market Drivers


 


Rising Demand for Continuous Emissions Monitoring Systems (CEMS)


One of the major drivers for the Gas Analyzer System Market Industry is the increasing need for continuous emissions monitoring systems. With the rising environmental regulations and growing concerns over air pollution, there is an increasing demand for CEMS, which are defined as systems used to evaluate pollutants emitted into the atmosphere from industrial plants or any other emission sources. Gas analyzers form an essential part of the CEMS, and the requirement for measurement of the concentration of gases, including sulfur dioxide, nitrogen oxides, and carbon monoxide, among other gases, will undoubtedly increase the demand for the gas analyzer systems and significantly drive the growth of the Gas Analyzer System Market Industry.


Advancements in Gas Sensing Technologies


Another driver of the Gas Analyzer System Market Industry is the technological advancements in gas sensing technologies. Modern sensors are more sensitive and capable of detecting a wider range of gases at a higher level of accuracy. Consequently, they can provide results that are more reliable. As a result, they are being integrated into gas analyzers to enhance the performance of the latter. These advancements and their application in gas analyzer systems have expanded the scope of gas analysis applications, as gas analyzers can now detect a larger number of gases and measure concentrations more precisely.


Growing Adoption of Industrial and Environmental Monitoring


The increasing adoption of gas analyzers in industrial and environmental monitoring applications is a significant driver for the Gas Analyzer System Market Industry. Gas analyzers are essential for monitoring and controlling gas emissions in various industries, including oil and gas, chemical processing, and manufacturing. They are also used for environmental monitoring, such as air quality monitoring and pollution control. The growing awareness of environmental protection and the need for efficient industrial processes have led to increased demand for gas analyzers in these applications, driving the growth of the Gas Analyzer System Market Industry.


 


Gas Analyzer System Market Segment Insights:


 


Gas Analyzer System Market Measurement Type Insights


 


The Global Gas Analyzer System Market is segmented by Measurement Type into Portable, Benchtop, and Fixed. The Portable segment held the largest market share in 2023 and is expected to continue to dominate the market during the forecast period. The growth of this segment can be attributed to the increasing demand for portable gas analyzers in various applications, such as environmental monitoring, industrial process control, and safety. Benchtop gas analyzers are expected to witness a steady growth rate during the forecast period, owing to their accuracy and reliability, and are commonly used in research laboratories, academic institutions, and quality control departments.Fixed gas analyzers are expected to account for a significant share of the market by 2032 due to their ability to provide continuous monitoring and control of gases in industrial settings, such as power plants, refineries, and chemical plants. The Global Gas Analyzer System Market revenue for the Portable segment is projected to reach USD 12.45 Billion by 2032, growing at a CAGR of 5.6% from 2023 to 2032. The Benchtop segment is expected to reach USD 7.83 Billion by 2032, with a CAGR of 4.9% over the forecast period. The Fixed segment is anticipated to grow at a CAGR of 5.1%, reaching USD 20.73 Billion by 2032.


Gas Analyzer System Market2


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


 


 


Gas Analyzer System Market Gas Type Insights


 


The Gas Analyzer System Market is segmented by gas type into Oxygen, Carbon Dioxide, Nitrogen, Hydrogen, and Others. Among these, the Oxygen segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing demand for oxygen analyzers in various industries, including healthcare, manufacturing, and environmental monitoring. The Carbon Dioxide segment is also expected to witness significant growth during the forecast period due to the rising demand for CO2 analyzers in the food and beverage industry, as well as in environmental monitoring applications.The Nitrogen segment is projected to grow at a steady pace, driven by the increasing use of nitrogen analyzers in the chemical and petrochemical industries. The Hydrogen segment is expected to witness moderate growth during the forecast period, owing to the growing adoption of hydrogen as a clean energy source. The Others segment, which includes analyzers for gases such as sulfur dioxide, chlorine, and ammonia, is expected to grow at a relatively slower pace.


 


 


Gas Analyzer System Market Application Insights


 


The Global Gas Analyzer System Market segmentation by Application includes Environmental Monitoring, Industrial Process Control, Safety and Health, Research and Development, and Others. Environmental Monitoring is expected to hold the largest market share due to the increasing demand for air quality monitoring, greenhouse gas emission monitoring, and water quality monitoring. Industrial Process Control is another major segment, driven by the need for real-time monitoring and control of various process parameters in industries such as chemical, petrochemical, and manufacturing.Safety and Health segment is also expected to grow significantly due to the rising awareness about workplace safety and health hazards. Research and Development segment is driven by the increasing demand for advanced gas analyzers for research and development activities in various fields such as pharmaceuticals, biotechnology, and materials science. Others segment includes applications such as automotive emissions monitoring, food and beverage quality control, and medical diagnostics.


 


 


Gas Analyzer System Market Technology Insights


 


The Global Gas Analyzer System Market is segmented by technology into Infrared Absorption, Electrochemical, Chemiluminescence, Laser Absorption Spectroscopy, and Others. Infrared Absorption technology held the largest market share in 2023, accounting for over 40% of the global market revenue. This technology is widely used in various industries, including environmental monitoring, industrial process control, and medical diagnostics, due to its accuracy, reliability, and non-invasive nature. Electrochemical technology is expected to witness significant growth over the forecast period owing to its low cost, portability, and ease of use.Laser Absorption Spectroscopy technology is gaining traction in the market due to its high sensitivity and selectivity, making it suitable for trace gas analysis and environmental monitoring applications. The Others segment includes technologies such as Mass Spectrometry and Gas Chromatography, which are used in specialized applications.


 


 


Gas Analyzer System Market End-User Insights


 


The end-user segment plays a crucial role in driving the growth of the Global Gas Analyzer System Market. The chemical industry remains the dominant end-user, accounting for the majority of the market share. In 2023, the chemical industry's contribution to the Global Gas Analyzer System Market revenue was estimated at 35.4%. The high demand for gas analyzers in chemical plants for process control, emissions monitoring, and safety purposes is a key factor behind this dominance. Other notable end-users include the petrochemical industry, automotive industry, power plants, hospitals and clinics, and others.The petrochemical industry is expected to witness significant growth in the coming years due to the increasing demand for plastics and other petrochemical products. Gas analyzers are used in petrochemical plants for monitoring process efficiency, optimizing production, and ensuring safety. The automotive industry is another major end-user of gas analyzers, particularly for emissions testing and engine optimization. The growing focus on reducing vehicular emissions and improving fuel efficiency is driving the demand for gas analyzers in this industry.Power plants also represent a significant end-user segment for gas analyzers. These analyzers are used for monitoring emissions, optimizing combustion processes, and ensuring the efficient operation of power plants. Hospitals and clinics use gas analyzers for various purposes, including patient monitoring, anesthesia gas monitoring, and air quality control. The increasing demand for healthcare services and the need for accurate and reliable gas analysis are expected to drive the growth of this segment. Overall, the end-user segment provides valuable insights into the diverse applications of gas analyzers across different industries.Understanding the specific requirements and market dynamics of each end-user segment is essential for manufacturers and suppliers to effectively target their products and services.


 


 


Gas Analyzer System Market Regional Insights


 


The Global Gas Analyzer System Market segmentation by region is a crucial aspect of understanding the market's dynamics. North America is expected to hold the largest market share in 2023, owing to the presence of major industrial hubs and stringent environmental regulations. Europe is anticipated to follow closely, driven by growing awareness about air quality and government initiatives to curb emissions. APAC is projected to witness significant growth in the coming years, fueled by rapid industrialization and urbanization in countries like China and India.South America and MEA are expected to contribute a smaller share to the overall market, but they offer growth potential due to increasing investments in infrastructure and manufacturing sectors. Key regional insights include North America: Stringent environmental regulations and advanced industrial infrastructure drive market growth. Europe: Government initiatives and rising awareness about air quality contribute to market expansion. APAC: Rapid industrialization and urbanization in emerging economies fuel market growth. South America: Growing investments in infrastructure and manufacturing sectors offer growth opportunities.MEA: Increasing government focus on environmental protection and industrial development drives market growth.


Gas Analyzer System Market3


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


 


 


Gas Analyzer System Market Key Players And Competitive Insights:


Major companies in the Gas Analyzer System Market industry are constantly focusing on research and development activities to develop unique models and enhance their regional presence. Leading Gas Analyzer System Market players have utilized mergers and acquisitions and other proven strategies to consolidate their market presence and enhance their competitiveness. Many Gas Analyzer System Market players are adopting R activities that will support the development of customized products that can be used in different end-use industries. Partnerships and collaborations between companies are driving gas analyzer systems through knowledge sharing and boosting R activities as well as branching into new markets.The dominant player in the Global Gas Analyzer System Market is Thermo Fisher Scientific. Thermo Fisher Scientific’s product offering in the gas analyzer system category includes various models for the detection of gases, among others, for environmental monitoring, industrial process control, scientific research, and developments. This company’s enormous customer base, high product quality, excellent service, and strong brand image, as well as many acquisitions and agreements, contribute to its position as a market leader. The key advantage proposal of the company is the continuous R activities with a focus on expanding analytical capabilities, reducing costs, and reducing completion time.The second top company in the Global Gas Analyzer System Market is ABB. ABB gas analyzer system category includes various products for process control, combustion optimization, and emissions control. The company’s competitive advantage is the provision of comprehensive solutions to different application areas, as well as its vast experience in automation and instrumentation. ABBstrength lies in the continuous provision of high-quality and reliable analytical instruments for various industries and the presence of an extensive product portfolio.


Key Companies in the Gas Analyzer System Market Include:


 



  • Honeywell

  • Emerson

  • Yokogawa

  • Ametek

  • Agilent Technologies

  • LECO

  • Horiba

  • Oxford Instruments

  • Siemens

  • Shimadzu

  • Thermo Fisher

  • ABB

  • Bruker

  • General Electric

  • PerkinElmer


Gas Analyzer System Market Industry Developments


The Global Gas Analyzer System Market is projected to grow from USD 25.28 billion in 2023 to USD 40.21 billion by 2032, at a CAGR of 5.29% from 2024 to 2032. Rising demand for gas analyzers in various end-use industries such as oil gas, chemical, and power generation is driving market growth. Technological advancements, such as the development of portable and handheld gas analyzers, are further propelling market expansion. Government regulations mandating the monitoring of air quality and greenhouse gas emissions are also contributing to the growth of the gas analyzer system market.Recent news developments in the market include the launch of new products and collaborations. For instance, in 2023, Emerson introduced the Rosemount CT5400 Continuous Gas Analyzer, designed for real-time monitoring of emissions in industrial environments. Additionally, strategic partnerships between key players are shaping the market landscape. In 2022, ABB and Siemens partnered to offer integrated solutions for gas analysis and monitoring in the oil and gas industry.


Gas Analyzer System Market Segmentation Insights


 



  • Gas Analyzer System Market Measurement Type Outlook

  • Portable

  • Benchtop

  • Fixed


 



  • Gas Analyzer System Market Gas Type Outlook

  • Oxygen

  • Carbon Dioxide

  • Nitrogen

  • Hydrogen

  • Others


 



  • Gas Analyzer System Market Application Outlook

  • Environmental Monitoring

  • Industrial Process Control

  • Safety and Health

  • Research and Development

  • Others


 



  • Gas Analyzer System Market Technology Outlook

  • Infrared Absorption

  • Electrochemical

  • Chemiluminescence

  • Laser Absorption Spectroscopy

  • Others


 



  • Gas Analyzer System Market End-User Outlook

  • Chemical Industry

  • Petrochemical Industry

  • Automotive Industry

  • Power Plants

  • Hospitals and Clinics

  • Others


 



  • Gas Analyzer System Market Regional Outlook

  • North America

  • Europe

  • South America

  • Asia Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2022 24.01 (USD Billion)
Market Size 2023 25.28 (USD Billion)
Market Size 2032 40.21 (USD Billion)
Compound Annual Growth Rate (CAGR) 5.29% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2023
Market Forecast Units USD Billion
Key Companies Profiled Honeywell, Emerson, Yokogawa, Ametek, Agilent Technologies, LECO, Horiba, Oxford Instruments, Siemens, Shimadzu, Thermo Fisher, ABB, Bruker, General Electric, PerkinElmer
Segments Covered Measurement Type, Gas Type, Application, Technology, End-User, Regional
Key Market Opportunities 1 Growing demand for environmental monitoring2 Increasing adoption in industrial applications3 Technological advancements and innovation4 Government regulations and environmental standards5 Focus on energy efficiency and emission reduction
Key Market Dynamics Rising environmental concerns Growing demand from process industries Technological advancements Increasing government regulations Expansion of enduse industries.
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Global Gas Analyzer System Market was valued at 25.28 Billion USD in 2023.

The Global Gas Analyzer System Market is expected to reach a valuation of 40.21 Billion USD by 2032.

The Global Gas Analyzer System Market is projected to grow at a CAGR of 5.29% from 2024 to 2032.

North America is expected to hold the largest market share in the Global Gas Analyzer System Market.

The industrial segment is expected to contribute the most to the growth of the Global Gas Analyzer System Market.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.