Global Gas Analyzers Market Size To Exceed USD 6,993.5 Million by 2033: Market Statistics Report

Global Gas Analyzers Market Size To Exceed USD 6,993.5 Million by 2033

According to a research report published by Spherical Insights & Consulting, The Global Gas Analyzers Market Size is Expected to Grow from USD 4,158.4 Million in 2023 to USD 6,993.5 Million by 2033, at a CAGR of 5.34% during the forecast period 2023-2033.  

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Gas Analyzers Market Size, Share, and COVID-19 Impact Analysis, By Type (Infrared Gas Analyzers, Process Gas Chromatograph, Mass Spectrometers, and Laser Absorption Spectroscopy), By Application (Chemical & Petrochemical, Gas Transmission/Distribution, Gas Processing, and Water/Wastewater), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

The global gas analyzers market refers to the industry focused on the development and application of devices intended to gauge gas concentrations in different environments. These analyzers provide crucial data for quality control and regulatory compliance in a variety of industries, including safety, healthcare, industrial processes, and environmental monitoring. Key driving factors for the growth of the gas analyzers market include increased environmental concerns, stronger air quality standards, the expansion of the healthcare industry, growing industrial automation, and the requirement for accurate gas measurement in sectors including pharmaceuticals, oil, and gas. However, several factors, including significant initial installation and maintenance expenses, a shortage of qualified operators, and difficulties integrating innovative gas analyzers with existing industrial systems, are restraining the market.

The infrared gas analyzers segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period.

On the basis of type, the global gas analyzers market is divided into infrared gas analyzers, process gas chromatograph, mass spectrometers, and laser absorption spectroscopy. Among these, the infrared gas analyzers segment accounted for the largest revenue share in 2023 and is projected to grow at a significant CAGR during the forecast period. The segment growth is attributed to increasing air quality concerns, more environmental regulations, and industry demands to guarantee compliance and improve safety standards have all contributed to the growing demand for real-time, accurate gas detection.

The chemical & petrochemical segment accounted for the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

On the basis of application, the global gas analyzers market is divided into chemical & petrochemical, gas transmission/distribution, gas processing, and water/wastewater. Among these, the chemical & petrochemical segment accounted for the highest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segment growth is driven by increasing demand for accurate measurements to optimize manufacturing operations and guarantee environmental compliance, stringent safety rules, and effective gas emission monitoring.

Asia Pacific is anticipated to hold the largest share of the global gas analyzers market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global gas analyzers market over the predicted timeframe. The regional market can be attributed to increasing air pollution issues, especially in China and India, in addition to rapid growth and urbanization.  The need for accurate gas monitoring and environmental compliance is also being prompted by the growing manufacturing, chemical, and pharmaceutical industries.

North America is expected to grow at the fastest CAGR in the global gas analyzers market during the forecast period. The regional market growth is driven by the need for real-time air quality monitoring in metropolitan areas and stringent environmental restrictions, particularly for the oil and gas industry. Further supporting market expansion are technological advancements in the US.

Company Profiling

Major vendors in the global gas analyzers market are Nova Analytical Systems (Tenova S.p.A.), Mettler-Toledo International Inc., HORIBA, Ltd, Emerson Electric Co., ENVEA & California Analytical Instruments, Inc., Met One Instruments Inc., Honeywell International Inc., Advanced Micro Instruments, Inc. (Enpro Inc), Servomex, AMETEK MOCON, and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In April 2024, Picarro introduced the PI5310, a mid-infrared gas analyzer that delivers industry-leading precision and low drift for nitrous oxide and carbon monoxide measurements, supporting atmospheric research and environmental monitoring.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global gas analyzers market based on the below-mentioned segments: 

Global Gas Analyzers Market, By Type

• Infrared Gas Analyzers
• Process Gas Chromatograph
• Mass Spectrometers
• Laser Absorption Spectroscopy

Global Gas Analyzers Market, By Application

• Chemical & Petrochemical
• Gas Transmission/Distribution
• Gas Processing
• Water/Wastewater

Global Gas Analyzers Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa