DUBLIN, Jan. 19, 2018 /PRNewswire/ --
The "Global Gas Analyzers Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global gas analyzers market to grow at a CAGR of 3.88% during the period 2018-2022.
Global Gas Analyzers Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is oil price fluctuations and subsequent increase in gas-based applications. The demand for clean energy fuel and natural gas is increasing rapidly across the world. Natural gas-fired power plants are growing due to the mass production of natural gas. Many countries in North America and Europe are increasing their share of natural gas in power generation with, several APAC countries adopting natural gas-fired power plants. Emerging economies such as China and India are increasing their natural gas demand due to their increasing power requirement and the need to reduce carbon emission.
Gas analyzers find applications in the upstream, midstream, and downstream sectors of the oil and gas industry. These are used in tracing gas purity, perform contamination analysis, compositional analysis, and hydrocarbon analysis. In the oil and gas upstream sector, during exploration, several gases such as carbon dioxide, sulfur oxide, and nitrogen oxide are released from the oil and gas fields, which can be hazardous to both infrastructure and people working in the vicinity.
The latest trend gaining momentum in the market is emerging sensor technology. The increasing R&D and the growing demand for efficient sensors are driving rapid changes in the sensor technology. The conventional sensors were slow and bulky, whereas, the smart sensors are easy to maintain with minimum downtime. Smart sensors provide updated information on their status and provide system data. Additionally, smart sensors are capable of reducing repair cost and minimizing replacement time. The demand for the smart sensor is increasing due to the reduction in price coupled with the ability to produce real-time data. Technological advancments are resulting in the development of low-powered and IoT-connected sensors.
- Emerson Electric
- Fuji Electric
- General Electric
- Thermo Fischer Scientific
Other prominent vendors
- California Analytical Instruments
- Dragerwerk AG & Co
- Honeywell International
- METTLER TOLEDO
- Techint Group (Nova Analytical Systems)
- Servomex (Spectris)
- Testo SE &Co. KGaA
- Yokogawa Electric Corporation
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Market Segmentation By End-User
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/tvgdpr/global_gas?w=5
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets