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Flue Gas Analyser Market Size, Share and Global Trend By Installation Type (Inline, Portable), By Technology (Zirconia, Electrochemical, Paramagnetic, Infrared, Others), By Application (Power Generation, Oil & Gas, Cement Plants, Chemicals, Pulp & Paper, Metals, Waste Incineration, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI101086 | Status : Ongoing

 

KEY MARKET INSIGHTS

Flue gas analyzers assist in evaluating distinct gas concentrations such as carbon dioxide & carbon monoxide, resulting in peak combustion. The flue gas analyzers are portable devices used in houses and rooms to assess air quality. Different flue analyzers provide useful information such as data logging and tracking of ambient air. Flue gas analyzers assist to effectively diagnose waste gases and evaluate gases emitted from residential and commercial characteristics.

In addition, flue gas analyzers are also used in rooms and houses to measure air quality surveillance. This product has been substantially embraced in the intelligent construction implementation in the last few years. Increasing demand from smart homes around the world is expected to boost the use of these goods.

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This, in turn, is expected in the coming years to boost the demand for flue gas analyzers. In numerous industrial applications and tiny furnaces, the flue gas analyzer can be used. Rapid industrialization and rising health and safety issues among health-conscious populations are the main factors in increasing demand for the worldwide flue gas analyzers market due to expanded public rules and regulations for environmental safety.

The flue gas analyzer market is categorized by its installation, technology, and application. Flue gas analyzers during long-term measurements give precision and reliability. Due to their weatherproof and explosion-proof enclosures, inline flue gas analyzers are installed for applications in dangerous settings.

Therefore, inline flue gas analyzers have been commonly adopted by different sectors, and an enormous installation base has been accumulated globally. Monitoring emissions from incineration is a challenge because it is necessary to measure a significant amount of gaseous parts with high precision. Therefore, for tracking emissions in incineration plants, the demand for flue gas analyzers is anticipated to stay high.

Due to its growing use across multiple sectors such as automobiles, chemicals, and food, the worldwide flue gas analyzer market is increasing. Some of the key factors identified are fast industrialization, strict public regulations, and industry norms to protect the environment. The use of the Internet of Things (IoT) and artificial neural network technology are some of the main trends recognized on the worldwide flue gas analyzer market.

However, high execution costs for small-scale manufacturing plants and low awareness in some areas may present a significant challenge to the development of the worldwide market for flue gas analyzers.

Key Players Covered


Some of the major companies that are present in flue gas analyzer market are ABB, Emerson, Ametek, Teledyne Analytical Instruments, Horiba, Nova Analytical Systems, Testo, Environnement SA, Sick USA, Wöhler Technik GmbH, Tekran Instruments, California Analytical Instruments, Thermo Fisher Scientific, Siemens, Opsis, Servomex, and MRU Instruments.

SEGMENTATION


























SEGMENTATION


 DETAILS


By Installation Type


· Inline

· Portable


By Technology


· Zirconia

· Electrochemical

· Paramagnetic

· Infrared

· Others


By Application


· Power Generation

· Oil & Gas

· Cement Plants

· Chemicals

· Pulp & Paper

· Metals

· Waste Incineration

· Others


By Geography


· North America (the USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)


 

Regional Analysis


The global flue gas analyzer market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is currently the largest market due to its better and enhanced industrialization. In Europe, strict government regulations have made the market for flue gas analyzers to flourish. The demand for flue gas analyzer is increasing, due to growing demand from the industrial sector and tightening environmental regulation in this region. Asia-Pacific is expected to the dominant player due to a rise in the demand for stringent air pollution regulations, growth in power generation plants in countries such as China and India, and the rapid increase in industrialization and urbanization. Latin American and the Middle East & Africa are expected to experience considerable growth in the coming years due to the rise in environmental concerns and an increase in health and safety concerns.

Key Industry Developments




  • In Nov 2018, The fourth symposium on the gas and coal industry was conducted in which the International Energy Agency (IEA), the International Energy Forum (IEF) and the Petroleum Exporting Countries Organization (OPEC) concentrated on how climate change mitigation policies would impact supply for coal and natural gas.
  • In Jun 2918, ABB and Ballard Power Systems will leverage and optimize current kilowatt-scale fuel cell technologies to produce a groundbreaking megawatt-scale solution for powering bigger vessels. With a 3MW (4000 HP) electric generating capacity, the new system will fit no larger than a traditional marine engine operating on fossil fuels within a single module.
  • In Mar 2019, Emerson has signed numerous agreements totaling USD 12 million with Indian Oil Corporation Limited, India's biggest commercial oil business, to modernize operations and emission programs in the company's refineries. In order to help Indian Oil, achieve its objectives, Emerson will install sophisticated technologies, including distributed DeltaVTM control systems, DeltaV safety equipment systems and AMS asset management.




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