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North America Electrochemical Gas Analyzer Systems Market Size

  • Report ID: GMI11481
  • Published Date: Sep 2024
  • Report Format: PDF

North America Electrochemical Gas Analyzer Systems Market Size

North America electrochemical gas analyzer systems market size was estimated at USD 313.2 million in 2023 and is set to grow at a growth rate of 5% from 2024 to 2032. Industries are increasingly addressing harmful gas emissions by adopting measures to reduce their carbon footprint. Paradigm shift towards adoption of advanced technological systems along with strategic reforms implemented by the authorities toward reducing environmental emissions will complement the business outlook.

 

For instance, in April 2024, The U.S. Environmental Protection Agency introduced four regulations targeting greenhouse gases and other emissions from fossil fuel-powered electricity plants. These regulations could significantly impact emissions from the electricity sector, potentially rivaling the effects of the Inflation Reduction Act.
 

The ability of these systems to monitor harmful gas emissions plays a crucial role across industries in limiting environmental impact and ensuring regulatory compliance will accelerate the product deployment. Increasing demand for gas monitoring systems across various industrial processes along with shifting inclination toward reducing carbon emissions, and adoption of enhanced systems adhering to environmental norms will augment the industry landscape.

 

Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

North America electrochemical gas analyzer systems industry size was estimated at USD 313.2 million in 2023 and is set to grow at a growth rate of 5% from 2024 to 2032, due to the paradigm shift towards adoption of advanced technological systems along with strategic reforms implemented by the authorities for reducing environmental emissions.

Oil & gas segment is set to grow over USD 150 million through 2032, driven by the increasing awareness of air pollution and stricter emission controls, combined with growing demand for effective and reliable monitoring solutions.

U.S. electrochemical gas analyzer systems market is set to grow over USD 365 million by 2032, owing to the rising investments in manufacturing sectors, coupled with the expansion of energy generation facilities to address increasing energy demands.

AMETEK MOCON, Analog Devices, Dragerwerk, Emerson Electric, Fuji Electric, Hiden Analytical, HORIBA, METTLER TOLEDO, Nova Analytical Systems, and Ntron among others.

North America Electrochemical Gas Analyzer Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 12
  • Countries covered: 2
  • Pages: 70
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