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Paramagnetic Gas Analyzer Systems Market Share

Report ID: GMI12000
Published Date: Oct 2024
Report Format: PDF

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Paramagnetic Gas Analyzer Systems Market Share

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The gas analyzer systems industry is experiencing growth owing to increasing environmental and safety concerns along with rising need for accurate measurement of toxic gas emissions and the implementation of stricter safety protocols against harmful emissions. Major manufacturers in the industry are adjusting their research and development strategies. These companies are focusing on expanding their product lines and incorporating advanced, sustainable technologies. Such efforts aim to broaden their market presence and cater to a wider range of customer needs.

Major players operating across the paramagnetic gas analyzer systems industry have witnessed intense competition, technological innovations and regulatory compliance, and. Key manufacturers, including ABB, Siemens, HORIBA, SICK, Yokogawa Electric and Emerson Electric, aiming to develop cost-effective and reliable solutions.

Paramagnetic Gas Analyzer Systems Market Companies

Key industry players operating across industry include:

ABB
Advanced Micro Instruments
Buhler Technologies
Emerson Electric
ENVEA
Fuji Electric
HORIBA
M&C TechGroup
Nova Analytical Systems
Process Sensing Technologies
Servomex
SICK
Siemens
Thermo Fisher Scientific
Yokogawa Electric

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The global market for paramagnetic gas analyzer systems was reached USD 410.4 million in 2023 and is set to grow at a CAGR of over 5.6% from 2024 to 2032, driven by the growing need for emission monitoring systems across several industrial applications.

The oil & gas segment is anticipated to exceed USD 65 million by 2032, as hydrocarbon facilities widely deploy these units to accurately measure corrosive gas mixtures and water vapors, ensuring efficient and safe operations.

The U.S. market for paramagnetic gas analyzer systems is projected to surpass USD 155 million by 2032, driven by rising investments in sectors such as metals, mining, and chemicals, and a focus on reducing emissions.

Key industry players include ABB, Advanced Micro Instruments, Buhler Technologies, Emerson Electric, ENVEA, Fuji Electric, HORIBA, M&C TechGroup, Nova Analytical Systems, Process Sensing Technologies, Servomex, SICK, Siemens, Thermo Fisher Scientific, and Yokogawa Electric.