Gas Analyzers Market: By System (Fixed, Portable), By Type (High Purity Oxygen Analyzers, Process Oxygen Analyzers) By Technology (Infrared Detectors, Semiconductor, Electrochemical, Ultrasonic Listening Device, Others) By End User (Oil and Gas, Chemical and Petrochemical, Water and Wastewater, Pharmaceutical, Utility, Food and Beverage, Other End-user Verticals) and Geography  

Gas Analyzers Market size was valued at USD 548.4 million in 2022. It is expected to reach a value of USD 797.7 million by 2029, growing at a CAGR of 5.6% from 2023 to 2029. The global market report provides a detailed overview of the Gas Analyzers Market, which can be segmented by the system, type, technology, and end-user. The gas analyzers market has been segmented by the system into Fixed and portable. The Portable Gas Analyzer segment is likely the most significant and fastest-growing segment in terms of designs. The gas analyzers market has been segmented into High Purity Oxygen Analyzers and Process Oxygen Analyzers. The High Purity, Oxygen Analyzers segment had a significant revenue share in 2021. By technology, the gas analyzers market has been segmented into Infrared Detectors, semiconductors, Electrochemical, Ultrasonic Listening devices, and Others. The Infrared Detectors segment is expected to hold a significant revenue share over the forecast period. Based on end-user, the gas analyzers are segmented into Oil and Gas, Chemical and Petrochemical, Water and Wastewater, Pharmaceutical, Utility, Food and Beverage, and Other End-user Verticals. According to precision business insights, the Oil and Gas segment is predicted to register the fastest growth rate during the forecast period.

Gas Analyzers Market Key Development:

• In March 2019, Emerson signed multiple contracts totaling USD 12 million with India largest commercial oil company, Indian Oil Corporation Limited, to modernize operations and emissions programs at the companys refineries. To help Indian Oil reach its goals, Emerson will install advanced technologies, including DeltaVTM distributed control systems, DeltaV safety instrumented systems, AMS asset management software, and wired field instruments, including pressure, temperature, and flow sensors to control and isolation valves.