Asia Pacific Gas Analyzer Systems Market Size By Technology (Electrochemical, Paramagnetic, Zirconia (ZR), Non-Dispersive IR (NDIR)), By End-Use (Oil & Gas, Chemical & Petrochemical, Healthcare, Research, Water and Wastewater), COVID-19 Impact Analysis, Country Outlook, Application Potential, Competitive Market Share & Forecast, 2022 - 2030
The global Asia Pacific gas analyzer systems market is expected to expand positively through 2030 owing to the surging integration of automation systems.
The market is set to grow as a result of the continuous advancement of new technologies with the goal of deploying effective emission monitoring solutions and achieving a significant improvement in operational safety across all end-use sectors. Among the most important requirements favorably affecting the market dynamics are innovative designs, accurate gas detection features, as well as product changes.
For instance, in April 2021, ACOEM, Ecotech's parent business, launched the Serinus 31 series of carbon dioxide analyzers. Due to the flexible configuration of the novel technology in differential or absolute mode, the unit is ideal for measuring ambient CO2 and the system is suitable for monitoring extractive dilution stacks.
The Asia Pacific gas analyzer systems market has been bifurcated in terms of technology, end-use, and country.
Based on technology, the paramagnetic segment is slated to grow steadily through the forthcoming years due to the unit's capacity to assess the levels of oxygen concentration in mixtures of combustible gases. These devices can also monitor oxygen in process gas combinations with high temperature, high pressure, and humidity, which is expected to foster product deployment.
Meanwhile, the Zirconia (ZR) segment is poised to expand exponentially from 2022 to 2030 credited to the expanding investments in industrial facilities and growing preference for gas measurement to improve workplace safety. These devices are ideal for managing low oxygen combustion, controlling humidity, and measuring the oxygen concentration in small and big boilers, dryers, humidifiers, combustion devices, as well as various industrial furnaces.
With respect to end-use, the chemical & petrochemical segment is anticipated to propel robustly attributed to the increase in demand for reliable and secure equipment across chemical industries to meet the rapidly expanding energy needs.
On the other hand, the water & wastewater segment is set to grow exceptionally over the review timeline. The need for gas analyzers for regulating and monitoring the gaseous levels would be favorably influenced by increasing wastewater complexity and the production of hazardous gases such as methane, carbon dioxide, and nitrous oxide during biological activities in wastewater plants.
From the regional outlook, the India gas analyzer systems market is estimated to grow positively by the end of 2030 fueled by the rising consumer demand for dependable technologies as well as the rise and expansion of the industrial sector.
In the meantime, the Australia gas analyzer systems industry is projected to attain high gains through the forecast period. Increasing investments for the expansion of the oil and gas industry as well as the rising need for the measurement of gas concentration is likely to boost regional growth.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook