- Gas analyzer is an instrument used to detect the presence of gases or one specific gas in the presence of several others gases. Gas analyzers are available in two forms: fixed / stationary, and portable. Stationary gas analyzers are installed at places were continuous monitoring of gas is required. Stationary gas analyzers are capable of detecting single or multiple gas depending on the surrounding and principle of operation. Growing health & safety concerns coupled with growing end-use industries is expected to fuel the demand for stationary gas analyzers during the forecast period.
Key Drivers and Opportunities of the Global Stationary Gas Analyzer Market
- Gas analyzer is a part of health & safety systems which is installed at working premises of various end-use industries. A fixed gas analyzer is used for detection of gas in a designated area and is connected to an alarm panel to safeguard employees and systems. Harmful effects of toxic gases from end-use industries leads to various health problems. Thus, growing health concerns coupled with stringent government rules is expected to drive the global stationary gas analyzer market during the forecast period.
- The mining industry has grown from 11.3 billion metric tons to 17.7 billion metric tons in eight years. Demand for various raw materials has led to the growth of the mining industry. Similarly, oil & gas demands are at the highest level ever. Africa could become an importer within a decade while the Americas are approaching oil and gas independence. The development of these industries coupled with urbanization and industrialization is expected to generate steady demand for stationary gas analyzers during the forecast period.
- Advancement in technology has led to development of advanced stationary gas analyzers which are now available with additional features and controls. Thus, increasing ease of operation and maintenance will lead to further adoption of this product. However, the easy availability of products and presence of regional manufacturers is expected to create tough competition between existing players during the forecast period.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Asia Pacific to Hold Major Share of the Global Stationary Gas Analyzer Market
- In terms of geography, the global stationary gas analyzer market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- Asia Pacific is expected to hold majority share in the global stationary gas analyzer market and the market is likely to expand at a rapid rate during the forecast period. This is mainly due to the emergence of developing nations and increased spending on mining and oil & gas industries. The Asia Pacific market will be followed by the Middle East & Africa market in terms of high growth rate due to developments in the oil & gas and mining industry.
For Right Perspective & Competitive Insights on Stationary Gas Analyzer Market, Request for a Sample
Key Players Operating in the Global Stationary Gas Analyzer Market
Major players operating in the global stationary gas analyzer market include:
- ABB
- AFRISO-EURO-INDEX GMBH
- ECHO d.o.o.
- Emerson Electric Co.
- Fresenius Umwelttechnik GmbH
- Honeywell
- Madur Polska Sp. z o.o.
- Nereides
- PerkinElmer Inc.
- RMG
- Siemens AG
- Yokogawa Electric Corporation
Read our latest press release:
