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Gas Analyzer Market Worth $3.0 Billion by 2020


News provided by

MarketsandMarkets

18 Jun, 2015, 13:30 GMT

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DALLAS, June 18, 2015 /PRNewswire/ --

The report "Gas Analyzer, Sensor and Detector Market by Technology (Electrochemical, Infrared, MOS, Catalytic, Zirconia, Paramagnetic, Laser, PID & Others), by Systems (Fixed & Portable) and By End-user Industry - Global Trends and Forecasts to 2020", The global market size for Gas Analyzer Devices in terms of value was estimated to be worth $2.5 Billion in 2014 and is projected to surpass $3.0 Billion by 2020, at a CAGR of around 5.0% from 2014 to 2020.

Browse 70 market data Tables and 52 Figures spread through 130 Pages and in-depth TOC on "Gas Analyzer, Sensor and Detector Market"

http://www.marketsandmarkets.com/Market-Reports/gas-analyzers-and-gas-sensors-market-1162.html
Early buyers will receive 10% customization on this report.

The market report defines and segments the global GASD market with analysis and forecasts of global market size in volume and value of gas analyzers, sensors and detectors individually. It also identifies driving and restraining factors for the global GASD market with an analysis of trends, opportunities, burning issues, and winning imperatives. The market is segmented and market size in volume and value are forecast on the basis of major regions such as North America, Europe, Asia-Pacific, Middle-East, and Rest of the World (RoW). Further, the market is segmented and revenues are forecast on the basis of major applications of GASD devices used in various industries such as oil & gas and chemicals, buildings & construction, health care, water treatment, food & beverage and others.

For more Inquiries: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1162

Oil & gas - major market for GASD 

The GASD market is segmented into two types: fixed and portable. GASD devices have applications based on their placement, cost and efficiency. Fixed systems are useful in applications such as gas processing industries, buildings and constructions, waste water treatment facilities, refineries, combustion facilities, households and others. Portable systems are useful in chemical laboratories, food packaging and others. The use of these systems increases the efficiency of its applications.

Global Gas Analyzer Market to surpass $3.0 Billion by 2020 

The global market size for gas analyzer devices in terms of value was estimated to be worth $2.5 Billion in 2014 and is projected to surpass $3.0 Billion by 2020, at a CAGR of around 5.0% from 2014 to 2020. The Asia-Pacific region dominated the global GASD market size by value in 2014 with around 35% share in the global market. Asia-Pacific is projected to have the highest market size in terms of value by 2020, followed by the North America region. Europe is projected to be the next fastest growing market, at a CAGR of around 4.0% from 2014 to 2020, owing to rise in consumption in the region, where end-user markets of GASD are growing steadily, especially in households to reduce the death caused due to carbon monoxide. The Middle East & African market is projected to grow at a rate of about 4.5% in terms of value.

The U.S. and Japan accounted for more than 25.0% of GASD value in 2014 

The U.S. is the biggest consumer in the North American region with around 65% share and globally the largest. Japan is the biggest end user of GASD with about 35% share in the Asia-Pacific region and is the second largest globally. The U.S. and Japan together accounted for around 25% of the global Gas Analyzer Market size by value in 2014. The U.S. and Japan are the largest consumers in their respective regions, and are expected to compete with each other to dominate the market by 2020, with advanced technological GASD devices for end users.

Browse Related Reports:

Process Liquid Analyzer, Gas Analyzer, and Gas Chromatograph Market by Type (Liquid, Gas), Technology (PH/ORP, Chlorine, Oxygen, Carbon dioxide), Spectroscopy, Gas chromatography, Service, Application (chemical, Pharmaceutical, Power), & Region - Global Trends & Forecast to 2013 - 2020
http://www.marketsandmarkets.com/Market-Reports/process-analyzers-market-148603279.html

Gas Chromatography Market by Instrumentation (Systems, Detectors, Autosamplers, Fraction collectors), Consumables & Accessories (Columns, Fittings & Tubings, Flow Management) & by Reagents (Analytical, Preparative) - Analysis & Global forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/gas-chromatography-market-101656773.html

About MarketsandMarkets

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
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Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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