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Global Gas Sensors, Detectors, and Analyzers Growth Opportunities
Global Gas Sensors, Detectors, and Analyzers Growth Opportunities
Future Growth Potential Due to Increased Safety and Security Requirements of Gas Sensors, Detectors, and Analyzers
13-Sep-2021
Global
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Description
The global gas sensors, detectors, and analyzers market is estimated to experience an approximate 3.6% compound annual growth rate (CAGR) from 2020 to 2025.
End-user analysis of the following industries is discussed:
• Oil & Gas
• Chemicals & Petrochemicals
• Water & Wastewater
• Metals & Mining
• Power Generation & Transmission
Oil & gas, and chemicals & petrochemicals industries are the biggest end users of gas sensors, detectors, and analyzer devices.
Further, market growth for market segments is forecasted, and an in-depth analysis of the competitive situation including vendors' market shares is also included. The global gas sensors, detectors, and analyzers market generated $3,563.6 million in 2020, with a base year decline of 5.0%. The market is set to grow once the impact of COVID-19 eases out.
The study offers a holistic picture of the opportunities, challenges, and threats for the vendors across the globe.
Research Highlights
- An in-depth industry analysis with market sizing of product segments that include gas sensors, detectors, and analyzers.
- The regional perspective of demand pattern in vario
Key Features
The objective of this study is to identify the key trends prevailing in the market in the base year 2020 and the factors that boost and restrain market growth. In particular, it also discusses the product areas that bolster growth for the forecast period 2020 to 2025.
With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2025. For this purpose, a specific methodology that includes discussion with senior management of gas sensors, detectors and analyzer manufacturers, supported by secondary research, is followed.
Research Highlights
- An in-depth industry analysis with market sizing of product segments that include gas sensors, detectors, and analyzers.
- The regional perspective of demand pattern in various advanced and emerging markets, such as North America, Europe, Middle East and Africa, Asia-Pacific, and the emerging regions including Latin America.
The APAC region offers high growth opportunities during the forecast period. Government initiative in the US region to curb industrial emissions by 2025 is driving the growth of gas sensors in the region. Coastal Gas Link pipeline, which is set to provide natural gas to one of the biggest LNG projects in Canada’s history, is halfway complete and on track to start up by 2023.
Author: Janani Balasundar
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on Gas Sensors, Detectors, and Analyzers Market
Growth Opportunities Fuel the Growth Pipeline Engine™
Gas Sensors, Detectors, and Analyzers Market Scope of Analysis
Gas Sensors, Detectors, and Analyzers Market Segmentation
Gas Sensor Segment
Gas Detectors Segment
Gas Sensor Technology Definitions
Gas Analyzers Segment
Key Competitors—Gas Sensors, Detectors, and Analyzers Market
Key Growth Metrics—Gas Sensors, Detectors, and Analyzers Market
Distribution Channels—Gas Sensors, Detectors, and Analyzers Market
Growth Drivers—Gas Sensors, Detectors, and Analyzers Market
Growth Restraints—Gas Sensors, Detectors, and Analyzers Market
Forecast Assumptions—Gas Sensors, Detectors, and Analyzers Market
Revenue and Unit Shipment Forecast—Gas Sensors, Detectors, and Analyzers Market
Revenue Forecast by Region—Gas Sensors, Detectors, and Analyzers Market
Revenue Forecast by Market Segmentation—Gas Sensors, Detectors, and Analyzers Market
Revenue Forecast Analysis—Gas Sensors, Detectors, and Analyzers Market
Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market
Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)
Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)
Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)
Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)
Key Growth Metrics—Gas Sensors
Revenue and Unit Shipment Forecast—Gas Sensors
Forecast Analysis—Gas Sensors
Revenue Forecast by Region—Gas Sensors
Unit Shipment Forecast by Region—Gas Sensors
Revenue Forecast by Industry Vertical—Gas Sensors
Forecast Analysis by Industry Vertical—Gas Sensors
Forecast Analysis by Industry Vertical—Gas Sensors (continued)
Revenue Forecast by Technology—Gas Sensors
Revenue Forecast by Type of Gas Detected—Gas Sensors
Pricing Trends and Forecast Analysis—Gas Sensors
Competitive Environment—Gas Sensors
Revenue Share—Gas Sensors
Revenue Share Analysis—Gas Sensors
Key Growth Metrics—Gas Detectors
Revenue and Unit Shipment Forecast—Gas Detectors
Forecast Analysis—Gas Detectors
Revenue Forecast by Region—Gas Detectors
Unit Shipment Forecast by Region—Gas Detectors
Revenue Forecast by Industry Vertical—Gas Detectors
Forecast Analysis by Industry Vertical—Gas Detectors
Forecast Analysis by Industry Vertical—Gas Detectors (continued)
Revenue Forecast by Type of Gas Detected—Gas Detectors
Revenue Forecast by Product Type—Gas Detectors
Unit Shipment Forecast by Product Type—Gas Detectors
Key Growth Metrics—Fixed Gas Detectors
Revenue and Unit Shipment Forecast—Fixed Gas Detectors
Forecast Analysis—Fixed Gas Detectors
Revenue Forecast by Region—Fixed Gas Detectors
Unit Shipment Forecast by Region—Fixed Gas Detectors
Revenue Forecast by Industry Vertical—Fixed Gas Detectors
Revenue Forecast by Technology—Fixed Gas Detectors
Pricing Trends and Forecast Analysis—Fixed Gas Detectors
Competitive Environment—Fixed Gas Detectors
Revenue Share—Fixed Gas Detectors
Revenue Share Analysis—Fixed Gas Detectors
Revenue Share Analysis—Fixed Gas Detectors (continued)
Key Growth Metrics—Portable Gas Detectors
Revenue and Unit Shipment Forecast—Portable Gas Detectors
Revenue Forecast by Technology—Portable Gas Detectors
Revenue Forecast by Technology—Portable Gas Detectors (continued)
Revenue Forecast by Technology—Portable Gas Detectors (continued)
Forecast Analysis—Portable Gas Detectors
Forecast Analysis—Portable Gas Detectors (continued)
Revenue Forecast by Region—Portable Gas Detectors
Unit Shipment Forecast by Region—Portable Gas Detectors
Revenue Forecast by Industry Vertical—Portable Gas Detectors
Pricing Trends and Forecast Analysis—Portable Gas Detectors
Competitive Environment—Portable Gas Detectors
Revenue Share—Portable Gas Detectors
Revenue Share Analysis—Portable Gas Detectors
Revenue Share Analysis—Portable Gas Detectors (continued)
Key Growth Metrics—Gas Analyzers
Revenue and Unit Shipment Forecast—Gas Analyzers
Forecast Analysis—Gas Analyzers
Revenue Forecast by Region—Gas Analyzers
Unit Shipment Forecast by Region—Gas Analyzers
Revenue Forecast by Industry Vertical—Gas Analyzers
Forecast Analysis by Industry Vertical—Gas Analyzers
Forecast Analysis by Industry Vertical—Gas Analyzers (continued)
Revenue Forecast by Technology—Gas Analyzers
Forecast Analysis by Technology—Gas Analyzers
Pricing Trends and Forecast Analysis—Gas Analyzers
Competitive Environment—Gas Analyzers
Revenue Share—Gas Analyzers
Revenue Share Analysis—Gas Analyzers
Growth Opportunity 1: IoT Connectivity and AI-based Gas Detection Solutions for Industrial Processes
Growth Opportunity 1: IoT Connectivity and AI-based Gas Detection Solutions for Industrial Processes (continued)
Growth Opportunity 2: Wearable Gas Sensors for End-user Ease and Manufacturer Expansion Into Emerging Applications
Growth Opportunity 2: Wearable Gas Sensors for End-user Ease and Manufacturer Expansion Into Emerging Applications (continued)
Growth Opportunity 3: Innovative Business Models, Such as Gas Detection-as-a-Service Will Drive Operational Efficiencies by Reducing Costs and Increasing ROI
Growth Opportunity 3: Innovative Business Models, Such as Gas Detection-as-a-Service Will Drive Operational Efficiencies by Reducing Costs and Increasing ROI (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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Key Features
The objective of this study is to identify the key trends prevailing in the market in the base year 2020 and the factors that boost and restrain market growth. In particular, it also discusses the product areas that bolster growth for the forecast period 2020 to 2025.
With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2025. For this purpose, a specific methodology that includes discussion with senior management of gas sensors, detectors and analyzer manufacturers, supported by secondary research, is followed.
Research Highlights
- An in-depth industry analysis with market sizing of product segments that include gas sensors, detectors, and analyzers.
- The regional perspective of demand pattern in various advanced and emerging markets, such as North America, Europe, Middle East and Africa, Asia-Pacific, and the emerging regions including Latin America.
The APAC region offers high growth opportunities during the forecast period. Government initiative in the US region to curb industrial emissions by 2025 is driving the growth of gas sensors in the region. Coastal Gas Link pipeline, which is set to provide natural gas to one of the biggest LNG projects in Canada’s history, is halfway complete and on track to start up by 2023.
Author: Janani Balasundar
| No Index | No |
|---|---|
| Podcast | No |
| Predecessor | NA |
| Author | Nandini Bhattacharya |
| Industries | Electronics and Sensors |
| WIP Number | K5CC-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9404-A5,9405-A5,9594,9ACC-A5,9593 |