NEW
YORK, Oct. 4, 2022 /PRNewswire/ -- The global
gas analyzer market size is expected to grow by USD 442.66 million between 2020 and 2025. The
market observed a YOY growth of 3.53% in 2021 and the growth
momentum is expected to accelerate at a CAGR of 4.22% during the
forecast period. The market will observe maximum growth in APAC
owing to a rise in offshore exploration projects and the shale gas
revolution. Purchase our full report for a comprehensive analysis
of the market size, YOY growth rates, regional growth
opportunities, and much more. Download Sample PDF Report Before
Purchasing
Technavio categorizes the global gas analyzer market as a part
of the global industrial machinery market. The parent global
industrial machinery market covers companies engaged in the
manufacturing of industrial machinery and components covering
presses, machine tools, compressors, pollution control equipment,
elevators, escalators, insulators, pumps, roller bearings, and
other metal fabrications. The parent market will be driven by the
industrial output leading to capacity additions in process and
discrete industries.
The global gas analyzer market is fragmented. The vendors in the
market are adopting various innovative growth strategies such as
new product launches and mergers and acquisitions to remain
competitive in the market. The report identifies ABB Ltd.,
California Analytical Instruments Inc., Emerson Electric Co., Fuji
Electric Co. Ltd., General Electric Co., Honeywell International
Inc., Siemens AG, Tenova Spa, Thermo Fisher Scientific Inc., and
Yokogawa Electric Corp. as dominant players.
The market will be driven by factors such as oil price
fluctuations and subsequent increase in gas-based applications,
rising production of shale gas, and increased plant safety and
associated regulations and mandates will offer immense growth
opportunities. To leverage the current opportunities, market
vendors must strengthen their foothold in the fast-growing
segments, while maintaining their positions in the slow-growing
segments. Request Sample Report Here
Gas Analyzer Market 2021-2025: Segmentation
- End-user
-
- Oil and Gas
- Power Generation
- Chemical
- Food and Beverage
- Others
The oil and gas industry is the prime end-user in the market.
The segment is driven by the increasing offshore drilling
activities. The market growth in the segment will be significant
over the forecast period.
- Geography
-
- North America
- Europe
- APAC
- MEA
- South America
About 38% of the market growth will come from APAC during the
forecast period. The gas analyzer market in APAC will be driven by
the increase in refining, chemical, and power generation projects
in the region. Also, the high demand for energy is expected to
contribute to the growth of the regional market during the forecast
period.
Gas Analyzer Market 2021-2025: Vendor Analysis and
Scope
Technavio's report provides a detailed analysis of around 25
vendors operating in the market. To leverage the current
opportunities, market vendors must strengthen their foothold in the
fast-growing segments, while maintaining their positions in the
slow-growing segments. Backed with competitive intelligence and
benchmarking, our research report on the gas analyzer market is
designed to provide entry support, customer profile, & M&As
as well as go-to-market strategy support.
The report also covers the following areas:
- Gas Analyzer Market size
- Gas Analyzer Market trends
- Gas Analyzer Market industry analysis
Gas Analyzer Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist gas analyzer
market growth during the next five years
- Estimation of the gas analyzer market size and its contribution
to the parent market
- Predictions on upcoming trends and changes in consumer
behavior
- The growth of the gas analyzer market
- Analysis of the market's competitive landscape and detailed
information on vendors
- Comprehensive details of factors that will challenge the growth
of gas analyzer market vendors
Related Reports:
- Industrial Gas Phase Filtration System Market by End-user
and Geography - Forecast and Analysis 2022-2026
- Industrial Gas Storage Cabinets Market by End-user and
Geography - Forecast and Geography 2022-2026
Gas Analyzer Market
Scope
|
Report
Coverage
|
Details
|
Page
number
|
120
|
Base
year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum
& CAGR
|
Accelerate at a CAGR of
4.22%
|
Market growth
2021-2025
|
USD 442.66
million
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
3.53
|
Regional
analysis
|
North America, Europe,
APAC, MEA, and South America
|
Performing market
contribution
|
APAC at 38%
|
Key consumer
countries
|
US, China, Canada,
Saudi Arabia, and UK
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
ABB Ltd., California
Analytical Instruments Inc., Emerson Electric Co., Fuji Electric
Co. Ltd., General Electric Co., Honeywell International Inc.,
Siemens AG, Tenova Spa, Thermo Fisher Scientific Inc., and Yokogawa
Electric Corp.
|
Market
Dynamics
|
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID-19 impact and future consumer dynamics, and
market condition analysis for the forecast period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Table of contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Oil and gas - Market size and forecast 2020-2025
- Power generation - Market size and forecast 2020-2025
- Chemical - Market size and forecast 2020-2025
- Food and beverage - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End-user
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size
and forecast 2020-2025
- Europe - Market size and
forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- South America - Market size
and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- California Analytical Instruments Inc.
- Emerson Electric Co.
- Fuji Electric Co. Ltd.
- General Electric Co.
- Honeywell International Inc.
- Siemens AG
- Tenova Spa
- Thermo Fisher Scientific Inc.
- Yokogawa Electric Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focus on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions. With over 500 specialized analysts,
Technavio's report library consists of more than 17,000 reports and
counting, covering 800 technologies, spanning across 50 countries.
Their client base consists of enterprises of all sizes, including
more than 100 Fortune 500 companies. This growing client base
relies on Technavio's comprehensive coverage, extensive research,
and actionable market insights to identify opportunities in
existing and potential markets and assess their competitive
positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/gas-analyzer-market-to-record-usd-442-66-mn-incremental-growth-apac-to-have-a-significant-share--technavio-301639352.html
SOURCE Technavio