Combustion Analyzer Market Size, Share & Industry Analysis, By Product Type (Stationary/Fixed/Handheld, Portable), By Application (Residential, Commercial, Industrial [Metal & Mining, Chemical & Petrochemical, Power & Gas]) And Regional Forecast, 2024-2032

Combustion analyzer is a multifunctional instrument that is ideal for setting up multifaceted or modifying combustion systems and basic tune-up & testing of furnaces, boilers and heater. It  interprits parameters including, flue pressure, stack temperature, draft measurement, combustion efficiency, etc. of hydrogen, carbon dioxide, sulphur and other gases. Portable combustion analyzer enable simultaneous analysis of multiple targets that eventually improves the effectivness with less time comsumption.

The emergence of combustion analyzer is attributed to its multiple applications including surface carbon, carbon dioxide, thermogravimetric, hydrogen and carbon analysis. In recent years, manufacturers are focusing on manufacturing electronic combustion analyzer, that are routinely utilized for emission monitoring, tune-ups and maintenance.

The adoption of combustion analyzers has seen rising recently. It is attributed to the utilization of electronic instrument for real time boiler measurement, continuous emission monitors to measure continuous temperature, etc. Additionally, key manufacturers are emphasizing on technological advancement and product expansion by introducing wireless products, etc. Moreover, partnership with regional players is also taken into consideration while expanding the product reach. For instance, in July 2018, Bacharach, Inc. acquired Neutronics, Inc. to strengthen its ability to serve automotive and HVACR industries with portable gas measurement instruments. Therefore, the global market is expected to observe booming growth in the forecast period.

However, COVID-19 pandemic has ascetically impacted the combustion analyzer market globally. The manufacturing facilities have stopped production as, lockdown has broken the production and assembly line facilities. Some of the highly affected countries are U.S., India, China, U.K., Italy, France, and Spain. These countries will take a while to recover from the outbreak and thus have a slightly higher impact. Moreover, metal & mining and chemical industries are experiencing delays in the project works and investments in the year 2020, owing to the sudden COVID-19 outbreaks. But, on a long-term basis, the outlook seems dynamic for technological development and product expansion in unattainable markets.

Key Players Covered:

Key players operating in the global combustion analyzer market are ELTRA GmbH, Emerson Electric Co., MRU Instruments, Inc., Testo SE & Co. KGaA, AMETEK. Inc., ABB, M&C TechGroup Germany, Drägerwerk AG & Co. KGaA, Bruker, Bacharach, Inc., enerac.com, Bhoomi Analyzers, Nova Analytical Systems, AUTEM GmbH, Sbo Framework, IMR Environmental Equipment, Inc., ENOTEC GmbH, UNION Instruments GmbH, Nanjing AIYI Technologies Co., Ltd, Endee-Engineers and others.

Regional Analysis

Asia Pacific is expected to witness highest compounded annual growth rate (CAGR) in the forecast period. It is attributed to, enhanced growth in the industrial sector because of foreign direct investment (FDI) initiative by the government. Countries such as, India, Australia, Malaysia, China have huge manufacturing base that compliments the growth of global combustion analyzer market.

North America is expected to witness fast growth, owing to the higher installation rate to analyse gas combustion in metallurgy, power and chemical industries across the U.S. and Canada. Moreover, the manufacturers such as Amatek, Inc., MRU Instruments, Inc. and others are focusing strategic alliances with other regional and global players that in turn, is complimenting the swift growth of the market.

Europe is anticipated to witness steady growth, ascribed with the presence of leading manufacturers across countries including, Germany, Italy, U.K. and others. Additionally, the European market is in constant demand for combustion analyzers in power generation and mining sector that is supported by constant industrialization across the region.

Middle East and Africa and Latin America are expected to witness substantial growth with effect of product utilization in petrochemical industries.

Segmentation

Key Industry Developments

• April 2019: AMETEK. Inc. introduced WDG-V Series analyzers for coal fired power and high particulate applications. The WDG-V series is epitome for combustion optimization in steam and power boilers.


• September 2018: Bruker launched ‘G4 ICARUSTM Series 2’ combustion analyzer for sulphur and carbon analysis. The analyzer is equipped with LED powered detectors that are based on Non-dispersive absorption photometry, especially for sulphur detection.