Hydrocarbon Gas Analyzer Systems Market Size – By Technology, Analysis, Share, Growth Forecast, 2024 – 2032

Hydrocarbon Gas Analyzer Systems Market Size

The global hydrocarbon gas analyzer systems market size was valued at USD 1 billion in 2023 and is set to grow at CAGR of 5.3% from 2024 to 2032. Increasing demand for efficient technologies to measure harmful gas concentrations in the oil and gas sector, along with the adoption of automated solutions, augmenting the industry outlook. The introduction of advanced technological systems and enforcement of strict gas emission regulations and standards are driving the industry growth.
 

Regulatory authorities are focusing on implementing reforms to monitor emission levels across various industrial applications and inclination on enhancing the operational safety of workers across the oil & gas sector further complementing the industry landscape. The Coalition for LNG Emission Abatement toward Net-zero (CLEAN), launched in 2023, is supported by several countries and the European Commission. This initiative aims to gather methane emissions data across the LNG value chain, with South Korea and Japanese buyers collaborating with suppliers. JOGMEC supports this effort and assists Malaysia and Indonesia in reducing methane emissions during gas production.
 

Hydrocarbon Gas Analyzer Systems Market Trends

The hydrocarbon gas analyzer systems industry is set to grow driven by increasing inclination toward monitoring gaseous emissions and focus on operational safety across the oil & gas sector. Rising demand for comprehensive solutions to address environmental concerns and stringent environmental regulations to reduce air pollution while maintaining air quality standards, complementing the business outlook.
 

For instance, in May 2024, The European Union has implemented new rules to curb methane emissions in the energy sector. This legislation marks a significant step in the EU's efforts to address climate change and reduce harmful emissions from the energy industry. Moreover, growing emphasis on emission control, reduce environmental effects and ongoing efforts to enhance oil & gas operations further augmenting the industry landscape.
 

Hydrocarbon Gas Analyzer Systems Market Analysis

The electrochemical segment is poised to cross USD 600 million by 2032. The electrochemical gas analyzer systems is anticipated to grow on account of increasing emission levels across various operations, resulting in a higher demand for emission monitoring systems. Moreover, these systems are effective for quality maintenance and process control, with widespread applications in the oil & gas industry and research institutions to emphasize on safety protocols further proliferating the industry landscape.
 

The paramagnetic hydrocarbon gas analyzer systems market is set to witness significant growth owing to their accuracy in measuring oxygen and nitrogen levels. Implementation of stringent environmental regulations and emission standards along with ongoing innovations in technology is driving the product adoption. These systems are essential for processes that require precise gas concentration control, providing real-time and accurate measurements which will further augment the product deployment. Continuous improvements through research and development are enhancing the versatility of these analyzers, allowing them to measure a broader range of gases, positively influencing the paramagnetic gas analyzer systems business dynamics.
 

U.S. hydrocarbon gas analyzer systems market is anticipated to surpass USD 450 million by 2032. Increasing demand for monitoring harmful gases across oil & gas industry along with introduction of stringent policies to control emissions positively influencing the industry outlook. For instance, in March 2024, The Environmental Protection Agency introduced measures to reduce air pollution from oil and gas industry. These measures include updating performance standards for new sources and providing guidelines for states to limit emissions from existing facilities, all in compliance with the Clean Air Act.
 

Research facilities are increasingly adopting emission monitoring systems to comply with environmental regulations and ensure sustainable operations with growing demand for various oil and gas products, complementing the business landscape.
 

Hydrocarbon Gas Analyzer Systems Market Share

Major manufacturers in the hydrocarbon gas analyzer system industry are refining their research and development strategies and broadening their product offerings, incorporating advanced & sustainable technologies. In addition, these companies are actively expanding their market presence through strategic alliances, partnerships, mergers, and acquisitions.
 

Hydrocarbon Gas Analyzer Systems Market Companies

Key industry players operating across industry include:

• ABB
• Advanced Micro Instruments
• Agilent Technologies
• AMETEK MOCON
• Analytical Systems Keco
• Ecotec Solutions
• Fuji Electric
• Honeywell International
• Modcon Systems
• Nova Analytical Systems
• PerkinElmer
• Servomex
• Siemens
• Teledyne Analytical Instruments
• Thermo Fisher Scientific
• VIG Industries
• Yokogawa Electric
   

Hydrocarbon Gas Analyzer Systems Industry News

• In September 2024, Endress+Hauser introduced new JT33 TDLAS gas analyzer that offers continuous H2S measurement in industrial gas streams. This system helps operators meet quality standards, improve control, and protect assets. Using TDLAS technology, it provides real-time H2S data in various settings with low maintenance needs. The JT33 is crucial for corrosion prevention in gas pipelines and optimizes processes in hydrocarbon, LNG, and carbon capture facilities. It enhances gas sweetening and maintains CO2 quality in hydrocarbon processing, LNG, and CCUS operations.
   
• In June 2024, AMETEK MOCON introduced the BASELINE series of hydrocarbon gas analyzers that provides advanced performance with an intuitive interface for ongoing hydrocarbon gas measurement in various settings. The series includes models for total hydrocarbon, methane/non-methane, along with hydrocarbon and carbon dioxide total carbon analysis. The series employs a high-performance flame ionization detection sensor, ensuring precise measurements with minimal interference and low detection thresholds.
   

The hydrocarbon gas analyzer systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2032 for the following segments:

Click here to Buy Section of this Report

Market, By Technology

• Electrochemical
• Paramagnetic
• Zirconia (ZR)
• Non-dispersive IR (NDIR)
• Others

The above information has been provided for the following region and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Norway
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Thailand
  • Singapore
  • Malaysia
  • Philippines
  • Vietnam
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Turkey
  • South Africa
• Latin America
  • Brazil
  • Mexico
  • Argentina