Electrochemical Technology is Projected to Have the Highest Market Share in the Gas Analyzer Market, Between 2016 and 2021.

 parag kshirsagar
HWO_1528318436_1.jpg Gas Analyzer Market
The gas analyzer market is projected to reach USD 4.06 Billion at CAGR of 5.70% between 2016 and 2021. This high growth is fueled by the increasing demand for Gas Analyzer, Sensor & Detector due to the implementation of stringent environmental conservation policies, and rising standards on workplace and residential safety.
Browse 76 market data Tables and 50 Figures spread through 164 Pages and in-depth TOC on "Gas Analyzer, Sensor & Detector Market by Technology (Electrochemical, Infrared, Metal Oxide Semiconductor, Catalytic, Laser), System (Fixed and Portable), Application (Water Treatment, Healthcare, Food & Beverages) - Global Forecast to 2021"
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GASD devices are mainly used for measuring safety in any industry to protect their plant and personnel from unwanted damage. Gas Analyzer, Sensor & Detector devices have high sensitivity, stability, and detection range. These devices can be converted from single gas detection to multi gas detection just by the addition of different sensors within the same device. These multi gas analyzers make Gas Analyzer, Sensor & Detector highly familiar and economically safe to operate. GASD devices are highly efficient and can be used in several applications. There are two types of Gas Analyzer, Sensor & Detector systems available in two versions on major scale, namely, fixed and portable.
The U.S. is the largest market of GASD devices, globally. China is the largest market in the Asia-Pacific region. U.S. and China together accounted for a significant share of the global GASD market size, in terms of value, in 2015. They are the largest markets in their respective regions and are expected to compete with each other to dominate the market by 2021. The increasing use of GASD in these countries is mainly due to the stringent environmental conservation regulations, awareness regarding the benefits of using these devices for personnel safety at workplaces and also in the commercial and residential sectors.
Companies such as Honeywell International, Inc. (U.S.), ABB Ltd. (Switzerland), General Electric Co. (U.S.), Emerson Electric Co. (U.S.), Figaro Engineering Inc. (Japan), and Drägerwerk AG & Co. KGaA (Germany) are the dominant market players in the global GASD market.
Market Overview:
Drivers: 1 Government’s Stringent Safety and Environment Regulations.
2 Increased Demand for Oil and Gas in Developing Economies.
1 Green Building Concept
2 Growing Awareness in Industrial, Commercial, and Residential Sectors 3 New Technological Developments
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