Gas Analyzers Industry Gas Analyzers Industry | Page 2

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The market is broadly categorized into five major segments based on the application type such as oil & gas
industry, chemical & petrochemical sector, water & wastewater management, pharmaceutical industry, and
food & beverage sector. Oil & gas industry segment is growing rapidly in the gas analyzers market with
substantial revenue generation in the last few years.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest technologies in oil &
gas sector, surge in number of research & development activities in the region and existence of well-established
industrial infrastructure. In European region, Germany, France, and United Kingdom are projected to witness
steady growth due to increasing oil exploration activities and rising number of shale gas plants across the region.
Asia-Pacific region is estimated to hold major share in the gas analyzers industry with massive growth in forecast
period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic
growth, increasing manufacturing activities, favorable government policies, and significant investment by
leading industry players considering potential growth opportunities in the region.
The key players in the gas analyzers market are ABB Group, The Emerson Electric Co., Honeywell International
Inc., Servomex plc, General Electric Co., Figaro Engineering, Inc., and Thermo Fishers Scientific.
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