Market Overview:
The global infrared gas analyzers market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for infrared gas analyzers in various applications such as oil & gas, food & beverage, water & waste water treatment, and others. Additionally, the growing awareness about the benefits of using infrared gas analyzers is also contributing to the growth of this market.
Product Definition:
An infrared gas analyzer is a device that uses infrared radiation to measure the concentration of a particular gas in air. This type of analyzer is important because it can be used to measure the concentration of gases that are poisonous or flammable.
Open-Path Infrared Gas Analyzers:
Open-path infrared gas analyzers are portable instruments that measure the concentration of oxygen, carbon dioxide, and other gases in a room. They are also referred to as open path or non-contact infrared gas analyzers. These devices have gained wide acceptance in the market owing to their benefits such as portability and easy usage.
The global Open-Path Infrared Gas Analyzer’s (OPGA) market was valued at USD 648 million in 2016.
Closed-Path Infrared Gas Analyzers:
Closed-path infrared gas analyzers are used to measure the concentration of oxygen, carbon dioxide and other gases in industrial processes. They are compact, portable instruments that can be used onsite or transported to remote locations for monitoring purposes. The output of a closed-path IRGA is an intensity value that represents the amount of infrared radiation absorbed or emitted by a sample gas.
Application Insights:
The application segment includes oil & gas, food & beverage, water & waste water treatment, and others. The oil & gas industry dominated the global infrared gas analyzers market in 2017 owing to rising demand for petroleum products across the globe. Petroleum and its by-products are used as a fuel source in various industries such as automotive and transportation which is one of the major drivers for this industry.
Infrared analysis has been widely applied in several processes such as crude oil quality assessment from refineries to external markets; natural gas processing at petrochemical plants; coal washing operations; metal plating process monitoring at chemical companies; wood pulp processing at paper mills among others. These applications have led to an increased number of installations across key regions including Middle East and Africa, Asia Pacific, North America, Latin America among other emerging economies worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and increased adoption in industrial facilities. The region is expected to maintain its dominance over the forecast period due to increasing demand for advanced technologies for HVAC systems, oil & gas exploration, food & beverage processing plants, and water treatment facilities.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rapid industrialization along with increasing government initiatives on infrastructural development across various countries such as China and India. Infrastructural developments are likely boost product penetration in applications such as HVAC&R, chemical manufacturing, pharmaceuticals/biotechnology industries across these regions.
Growth Factors:
- Increasing demand for infrared gas analyzers in process industries for accurate and real-time gas analysis
- Growing popularity of infrared gas analyzers owing to their ability to detect a wide range of gases with high accuracy
- Rising demand for portable and handheld infrared gas analyzers due to their ease of use and portability
- Proliferation of smart factories, which is expected to drive the adoption of infrared gas analyzers in the near future
- Growing awareness about the benefits offered by infrared gas analyzers among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Infrared Gas Analyzers Market Research Report
By Type
Open-Path Infrared Gas Analyzers, Closed-Path Infrared Gas Analyzers
By Application
Oil & Gas, Food & Beverage, Water & Waste Water Treatment, Others
By Companies
Yokogawa, Fuji Electric, Teledyne Analytical Instruments, LI-COR, Wuhan Cubic Optoelectronics, MTL-Instruments, Campbell Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Infrared Gas Analyzers Market Report Segments:
The global Infrared Gas Analyzers market is segmented on the basis of:
Types
Open-Path Infrared Gas Analyzers, Closed-Path Infrared Gas Analyzers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Food & Beverage, Water & Waste Water Treatment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yokogawa
- Fuji Electric
- Teledyne Analytical Instruments
- LI-COR
- Wuhan Cubic Optoelectronics
- MTL-Instruments
- Campbell Scientific
Highlights of The Infrared Gas Analyzers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Open-Path Infrared Gas Analyzers
- Closed-Path Infrared Gas Analyzers
- By Application:
- Oil & Gas
- Food & Beverage
- Water & Waste Water Treatment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Infrared Gas Analyzers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Infrared gas analyzers are used to measure the concentration of gases in a given atmosphere. They work by emitting infrared radiation and measuring the amount of heat that is emitted in response. This data can then be used to calculate the concentrations of various gases present.
Some of the major companies in the infrared gas analyzers market are Yokogawa, Fuji Electric, Teledyne Analytical Instruments, LI-COR, Wuhan Cubic Optoelectronics, MTL-Instruments, Campbell Scientific.
The infrared gas analyzers market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Infrared Gas Analyzers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Infrared Gas Analyzers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Infrared Gas Analyzers Market - Supply Chain
4.5. Global Infrared Gas Analyzers Market Forecast
4.5.1. Infrared Gas Analyzers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Infrared Gas Analyzers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Infrared Gas Analyzers Market Absolute $ Opportunity
5. Global Infrared Gas Analyzers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Infrared Gas Analyzers Market Size and Volume Forecast by Type
5.3.1. Open-Path Infrared Gas Analyzers
5.3.2. Closed-Path Infrared Gas Analyzers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Infrared Gas Analyzers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Infrared Gas Analyzers Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Food & Beverage
6.3.3. Water & Waste Water Treatment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Infrared Gas Analyzers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Infrared Gas Analyzers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Infrared Gas Analyzers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Infrared Gas Analyzers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Infrared Gas Analyzers Demand Share Forecast, 2019-2026
9. North America Infrared Gas Analyzers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Infrared Gas Analyzers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Infrared Gas Analyzers Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Food & Beverage
9.4.3. Water & Waste Water Treatment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Infrared Gas Analyzers Market Size and Volume Forecast by Type
9.7.1. Open-Path Infrared Gas Analyzers
9.7.2. Closed-Path Infrared Gas Analyzers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Infrared Gas Analyzers Demand Share Forecast, 2019-2026
10. Latin America Infrared Gas Analyzers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Infrared Gas Analyzers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Infrared Gas Analyzers Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Food & Beverage
10.4.3. Water & Waste Water Treatment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Infrared Gas Analyzers Market Size and Volume Forecast by Type
10.7.1. Open-Path Infrared Gas Analyzers
10.7.2. Closed-Path Infrared Gas Analyzers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Infrared Gas Analyzers Demand Share Forecast, 2019-2026
11. Europe Infrared Gas Analyzers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Infrared Gas Analyzers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Infrared Gas Analyzers Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Food & Beverage
11.4.3. Water & Waste Water Treatment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Infrared Gas Analyzers Market Size and Volume Forecast by Type
11.7.1. Open-Path Infrared Gas Analyzers
11.7.2. Closed-Path Infrared Gas Analyzers
11.8. Basis Point Shre (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Infrared Gas Analyzers Demand Share, 2019-2026
12. Asia Pacific Infrared Gas Analyzers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Infrared Gas Analyzers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Infrared Gas Analyzers Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Food & Beverage
12.4.3. Water & Waste Water Treatment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Infrared Gas Analyzers Market Size and Volume Forecast by Type
12.7.1. Open-Path Infrared Gas Analyzers
12.7.2. Closed-Path Infrared Gas Analyzers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Infrared Gas Analyzers Demand Share, 2019-2026
13. Middle East & Africa Infrared Gas Analyzers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Infrared Gas Analyzers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Infrared Gas Analyzers Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Food & Beverage
13.4.3. Water & Waste Water Treatment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Infrared Gas Analyzers Market Size and Volume Forecast by Type
13.7.1. Open-Path Infrared Gas Analyzers
13.7.2. Closed-Path Infrared Gas Analyzers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Infrared Gas Analyzers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Infrared Gas Analyzers Market: Market Share Analysis
14.2. Infrared Gas Analyzers Distributors and Customers
14.3. Infrared Gas Analyzers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yokogawa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fuji Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Teledyne Analytical Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LI-COR
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wuhan Cubic Optoelectronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MTL-Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Campbell Scientific
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
