5.7% CAGR: Gas Analyzer Market, Sensor and Detector 2021 Forecasts

Aug 24, 2016, 02:00 ET from ReportsnReports

PUNE, India, August 24, 2016 /PRNewswire/ --

Gas analyzer, sensor & detector market is projected to reach $4.06 billion at CAGR of 5.7% between 2016 and 2021 fueled by increasing demand for GASD  and increasing standards with regard to  workplace and residential safety while portable systems are expected to be the largest growing systems of GASD market.

Complete report on gas analyzer, sensor & detector market across 164 pages, profiling more than 13 companies and supported with 76 tables and 50 figures is now available at http://www.reportsnreports.com/reports/266795-gas-analyzer-sensor-detector-market-by-technologies-electrochemical-infrared-metal-oxide-semiconductor-catalytic-laser-others-by-systems-fixed-portable-by-end-user-industries-global-trends-forecasts-to-2018.html .

The sensors, detectors and analyzers include individual detection technologies, but each has its own limitations. In general, there are two types of instruments "Fixed System" and "Portable System. Fixed devices are for permanent and continuous analysis, which is mostly used by big industries, where continuous monitoring is the prime factor. Portable device is used for periodic analysis. Favorable attributes such as lightweight, ease of handling in emergency response situations, wide range of gas monitoring, and high accuracy of portable gas analyzer, is responsible for its wide scale use.

The market for metal oxide semiconductor devices is expected to grow strongly during the forecast period, due to their automated analysis, capability to measure more number of gases simultaneously and efficiently in a complex industrial process. Several technologies based on Nano materials and photonics are being researched on, and expected to make the gas sensors, detectors and analyzers (GASD) devices more efficient.

The gas analyzers market size, in terms of volume, was dominated by the Asia-Pacific region, in 2014, with more than 30% share in the gas analyzers market. Asia-Pacific is projected to have the highest market size, in terms of value, by 2021, followed by the North America region. Europe is projected to be the next fastest-growing market between 2016 and 2021, owing to the rise in consumption in the region, where the end-use markets of analyzers are growing steadily.

The report also provides company profiles and competitive strategies adopted by the major market players such as Honeywell International, Inc. (U.S.), ABB Ltd. (Switzerland), General Electric Co. (U.S.), Emerson Electric Co. (U.S.), Figaro Engineering Inc. (Japan), and Drägerwerk AG & Co. KGaA (Germany). Order a copy of Gas Analyzer, Sensor & Detector Market by Technology (Electrochemical, Infrared, Metal Oxide Semiconductor, Catalytic, Laser), System (Fixed and Portable), Application (Water Treatment, Healthcare, Food & Beverages) - Global Forecast to 2021 research report http://www.reportsnreports.com/purchase.aspx?name=266795 .

In the process of determining and verifying, the gas sensors, detectors and analyzers market for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (22%), Tier 2 (33%) and Tier 3 (45%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C Level (11%), D Level (30%) and others (59%) from various key organizations operating in the global gas sensors, detectors and analyzers market. The primary interviews were conducted worldwide covering regions such as North America (11%), Europe (22%), Asia Pacific (11%) and Rest of World (56%).

On a related note, another research on Smart Gas Meter Market Global Trends & Forecast to 2021 says, the market is expected to reach a size of USD 2.27 billion by 2021, at a CAGR of 7.24% from 2016 to 2021. The AMR segment would dominate the global smart gas meter market by 2021. Europe is currently the fastest growing market for smart gas meters. Companies like Apator Group (Poland),Itron Inc. (U.S.), Honeywell International, Inc. (U.S.), Sensus (U.S.), Landis+Gyr (Switzerland), and Diehl Metering (U.K.) have been profiled in this 117 pages research report available at http://www.reportsnreports.com/reports/567350-smart-gas-meter-market-by-type-automatic-meter-reading-and-advanced-metering-infrastructure-by-end-user-residential-commercial-and-industrial-and-by-region-global-trends-forecast-to-2021.html .

Explore more reports on the semiconductor and electronics market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/ .  

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