The Flue
Gas Analyzer Market is estimated to be worth USD 576.2 Million in 2017 and
is expected to reach USD 814.2 Million by 2023, at a CAGR of 5.93% between 2017
and 2023. The growth of this market is propelled by the rise in the demand for
environmental protection, stringent environmental and legal regulations, and
increase in health and safety concerns.
The research methodology used
to estimate and forecast the flue gas analyzer market begins with capturing
data on key vendor revenues through secondary research, such as IEEE
publication, industrial automation conferences and exhibitions, and leading
players’ newsletters. Vendor offerings are also taken into consideration to
determine the market segmentation. The bottom-up procedure has been employed to
arrive at the overall size of the global market from the revenue of key
players. After arriving at the overall market size, the total market has been
split into several segments and subsegments that have been verified through
primary research by conducting extensive interviews with people holding key
positions such as CEOs, VPs, directors, and executives. The market breakdown
and data triangulation procedures have been employed to complete the overall
market engineering process and arrive at the exact statistics for all segments
and subsegments.
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Oxides of nitrogen, such as
nitric oxide and nitrogen dioxide, are usually formed when nitrogen of the
fuel, usually at high temperatures, reacts to a certain amount of oxygen during
the combustion process. Both oxides are toxic. NOx gases are formed as
combustion occurs in the presence of nitrogen in fossil fuel engines. NOx
emission is increasing due to the increase in combustion of fossil fuels.
Supplier of gas analyzers Supplier and system integrators of emission monitoring systems Associations, organizations, forums, and alliances related to environment protection Component manufacturers Distributors and traders Original equipment manufacturers Process industries such as oil & gas, power generation, and chemicals Research organizations and consulting companies Technology investors Technology solution providers
ABB (Switzerland) is a pioneering
technology leader that serves customers in utilities, industry, transport, and
infrastructure globally. ABB is a customer-focused leading company in the
industrial technology. The company is at the forefront of innovating digitally
connected industrial equipment and systems. ABB received orders worth USD 33.4
billion in 2016. Strong brand of the company has a considerable positive impact
on the flue gas analyzer market. SICK (Germany), Teledyne Analytical
Instruments (US), Emerson (US), AMETEK (US), HORIBA (Japan), California
Analytical Instruments (US), Environnement (France), Testo (Germany), Nova
Analytical Systems (US), Dragerwerk (Germany), Thermo Fisher Scientific (US),
and Siemens (Germany) are some major companies in this market.
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