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Sep 8, 2020 12:00 PM ET

Portable Gas Analyzer Market is forecast to reach $437 million by 2025




iCrowd Newswire - Sep 8, 2020

The Global market for portable gas analyser is forecast to reach $437 million by 2025, growing at a CAGR of 3.2% from 2020 to 2025. The market growth is attributed to the factors such as increasing demand for environmental conservation, strict environmental and legal legislation, and growing worries regarding health and safety. Moreover increasing mining activities as well as growing industries across the globe is also propelling the market growth.
By Type- Segment Analysis
Multi gas segment held the highest market share of portable gas analyser in 2019. Moreover, it is anticipated to witness the significant market growth during the forecast period 2020-2025. Many applications need more than one gases to be analysed. Traditionally, advanced machinery and more than one specific analyser are deployed to test more than one gas. It culminated in very complicated structures with a wide footprint and high expense for the cabinet. Gas analysis systems were developed with the technological advances that integrate multiple analyses into a single instrument at a reasonable price. Simplicity and modularity concepts also helped drive the creation of such devices.  For instance, safety personnel utilize a number of handheld devices to track dangerous quantities of substances such as nitrogen dioxide (N02), FREON 21, ammonia ( NH3), oxygen (02) and other gases during restricted space entry and shuttle safety operations. Each compound is monitored using a single analyser.  Consequently, they are difficult to carry out, so they fail to do the task of controlling the physical taxation of workers. The aim of the Multi-Gas Sensor Assessment is to assess the markets for the replacement instrumentation, which will incorporate the analytical capability of multiple analysers into one compact portable device.
By Technology Type- Segment Analysis 
Portable gas analyser market is segmented into Electrochemical, Paramagnetic, Zirconia (ZR), Non-dispersive IR (NDIR), others on the basis of technology type. Non-dispersive IR (NDIR) segment is anticipated to witness the significant market growth during the forecast period 2020-2025.  NDIR analysers use infrared radiation to perform their function. In a typical NDIR analysis operation, the infrared lamp directs the infrared light to the gas sample. The illumination travels into the gas ions and the optical shield into the infrared light detector. When the light is detected by the detector, the concentration of a given gas may be measured. Non-dispersive infrared (NDIR) analysers employ the use of specialized sensors to measure gas concentrations in the surrounding atmosphere. NDIR analysers accommodate the analysis of a wide range of gases, including carbon dioxide (CO2), carbon monoxide (CO), methane (CH4), and sulphur dioxide (SO2). NDIR analysers are used to analyse these gases in different industrial applications. NDIR analysers are suitable for measuring sample gases in both high and low concentrations. As they are highly durable, even when exposed to oxidizing compounds, they offer long service lives and low life-cycle costs. All these factors that favours the industrial applications to safeguard the environment contributes to the market growth.
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Geography – Segment Analysis
APAC region is anticipated to witness significant market growth during the forecast period 2020-2025. Industrial development in this region is driving the growth of portable gas analysers, owing to their advantages including process control, improved protection, increased productivity and consistency. It is anticipated that the rise in demand for low-cost, high-precision goods across emerging countries such as India, Malaysia, etc., would fuel business development. For instance, China strives to become the global leader in pollution reduction and has firmly embraced selective catalytic reduction (SCR) as the mandatory post-combustion NOx management mechanism for all large power plants. Additionally, increased implementation of restrictions by countries like China, Japan and South Korea allowed companies to invest in advanced gas analysers. End-user companies are also likely to spend in protection technologies for keeping environment safe. In May 2017, Micro-portable Greenhouse Gas Analysers (M-GGA-918 and M-GPC-918) was launched by ABB. This product report fugitive emissions measurements of methane and carbon dioxide simultaneously in a 5.4kg, handbag-size, package that is compact and crushproof. This allows leak detection from distances far from the source and with much greater reliability. Such product launches leverages a positive impact on the market growth.
Drivers – Portable gas analyser market 
  • Environmental concerns
Environmental protection is an important concern for today’s world. Policy regulations and industry organization promote using the continuous emission monitoring system (CEMS) in manufacturing plants to insure employees, the workforce and the community are safe. Within the CEMS program, a portable gas analyser performs a significant function in securing the environment from poisonous and harmful chemicals. Consequently the efficiency of the plant increases thereby propelling the market growth.
Challenges – Portable gas analyser market
  • High cost of implementation for small scale industries
With the technological advancements, equipment are also upgraded. Cost factor, thereby, matters for the market growth. High implementation costs for small-scale production plants and low awareness in certain regions can pose a major challenge to the growth of the market for portable gas analysers.

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Market Landscape
Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the portable gas analyser market. As of 2019, the market for portable gas analyser market is consolidated with the top players including ABB Ltd, Honeywell International Inc., Emerson Electric Co., Siemens AG, Yokogawa Electric Corporation, Fuji Electric Co. Ltd., ETG Risorse, Los Gatos Research, Inc., Gasmet Technologies Oy and among others.
Acquisitions/Technology Launches/Partnerships
  • In June 2017, in a direct reaction to current criteria and inspection protocols for certifying passenger cars and light commercial vehicles, HORIBA, the world’s largest manufacturer of engine exhaust analysers and instruments, has launched a revolutionary portable emission measurement device (PEMS) for calculating actual driving emissions (RDEs).
  • In January 2019, new line of reliable portable gas analysers NovaNow was launched by Nova Analytical. This portable is suitable for a wide range of industries such as flue gas and engine exhaust measurement, heat treating atmosphere and ambient air monitoring as well as for commercial, industrial and residential settings.
Key Takeaways
  • Portable gas analysers are used to maximize the quantity of fuel supply, the analysis of dangerous poisonous gases, and the correct composition of the mixture of gasses required for the refining phase. Thus with growing mining activities market growth for portable gas analysers increases.
  • APAC region is anticipated to witness significant market growth during the forecast period 2020-2025. The market growth is owing to rapid industrialisation, technological growth, rising environment concerns, strict government regulations and others.
Related Reports :
1. Portable Power Devices Market
2. Gas Sensor and Analyser Market

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