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Europe Gas Analyzer Systems Market Size
- Report ID: GMI10874
- Published Date: Aug 2024
- Report Format: PDF
Europe Gas Analyzer Systems Market Size
Europe Gas Analyzer Systems Market was valued at USD 766.7 million in 2023 and is anticipated to grow at a CAGR of over 5.9% from 2024 to 2032. Rising demand for emission monitoring units in various industrial applications, driven by the need to reduce carbon emissions and stringent regulatory mandates promoting environmental sustainability, will shape the industry's landscape.
For instance, in May 2024, the EU approved a law to limit methane emissions from oil and gas imports starting in 2030. This legislation aims to reduce methane leaks, a major contributor to climate change, from international suppliers. Furthermore, rising demand for reliable gas monitoring systems across industries to limit environmental impact, and ensuring regulatory compliance will augment the industry landscape.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Gas Analyzer Systems Market Size in 2023: | USD 766.7 Million |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 5.9% |
| 2024 – 2032 Value Projection: | USD 1.2 Billion |
| Historical Data for: | 2021-2023 |
| No. of Pages: | 80 |
| Tables, Charts & Figures: | 12 |
| Segments covered: | Technology, End-Use, and Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Gas Analyzer Systems Market Scope
