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Flue Gas Analyser Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Flue Gas Analyser Market
1) Flue Gas Analyser Market: Introduction
A flue gas analyser is an instrument used to measure the concentration of various gases in flue gas, such as carbon monoxide (CO), nitrogen oxides (NOx), and sulfur dioxide (SO2). The most common type of flue gas analyser is a portable instrument that can be carried by an operator to different locations within a facility.

There are several benefits of using a flue gas analyser. First, it can help identify sources of combustion gases and thereby improve combustion efficiency. Second, it can help reduce emissions of harmful gases, such as CO and NOx. Finally, it can help save energy by reducing the need for ventilation.

There are several different types of flue gas analysers on the market. The most common type is the portable flue gas analyser. These instruments are typically small and lightweight, making them easy to carry and use.

Another type of flue gas analyser is the stationary flue gas analyser. These instruments are usually larger and more expensive than portable flue gas analysers, but they offer the advantage of being able to continuously monitor the composition of flue gas.

Flue gas analysers are used in a variety of industries, including power generation, petrochemical, and manufacturing. They are also used in research laboratories and by environmental organizations.

The global flue gas analyser market is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2018 to 2024.

2) Flue Gas Analyser Market: Market Size
The flue gas analyser market size is forecast to grow from USD 633 million in 2020 to USD 713 million by 2025, at a CAGR of 2.6% during the forecast period. The flue gas analyser market is driven by the stringent emission norms and regulations, and the need to reduce greenhouse gas emissions.

The flue gas analyser market comprises several stakeholders, such as manufacturers, raw material suppliers, end-users, and regulatory organizations. The key players in this market include ABB Ltd. (Switzerland), Emerson Electric Co. (US), General Electric Company (US), Siemens AG (Germany), Testo SE & Co. KGaA (Germany), Drägerwerk AG & Co. KGaA (Germany), and Honeywell International Inc. (US). These players have adopted various growth strategies, such as product launches, expansions, agreements, and partnerships, to strengthen their foothold in the flue gas analyser market.

ABB Ltd. (Switzerland) is one of the leading manufacturers of flue gas analysers. The company provides a wide range of flue gas analysers, such as the SOx500, which is used for measuring SOx emissions in coal-fired power plants, and the NOx2200, which is used for measuring NOx emissions in gas-fired power plants. The company has a strong presence in Europe and North America. In January 2019, ABB Ltd. (Switzerland) launched the new IR550 flue gas analyser, which is used for measuring the concentration of carbon dioxide (CO2), oxygen (O2), and water vapour (H2O) in flue gases.

Emerson Electric Co. (US) is another leading manufacturer of flue gas analysers. The company provides a wide range of flue gas analysers, such as the Rosemount 8800 Vortex, which is used for measuring the mass flow of flue gases, and the Rosemount 8705, which is used for measuring the CO2 concentration in flue gases. The company has a strong presence in the US, Canada, and Mexico. In October 2019, Emerson Electric Co. (US

3) Flue Gas Analyser Market: Market Segmentation
The global flue gas analyser market is segmented into type, application, and geography. By type, the market is classified into portable and benchtop. The portable flue gas analysers segment is expected to grow at the highest CAGR during the forecast period. The portability of these analysers allows them to be used in various applications, such as emissions monitoring, combustion analysis, and environmental testing. The benchtop flue gas analysers segment is expected to hold the largest market share in 2017. Benchtop flue gas analysers are widely used in power plants, because of their accuracy and precision in measuring the exhaust gas composition.

By application, the flue gas analyser market is classified into power plants, chemical plants, and others. The power plants segment is expected to grow at the highest CAGR during the forecast period. The rise in the number of coal-fired power plants and the stringent environmental regulations are the major factors driving the growth of this market segment. The chemical plants segment is expected to hold the largest market share in 2017. The strict environmental regulations regarding the emission of harmful gases from chemical plants are driving the growth of this market segment.

Geographically, the flue gas analyser market is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is expected to hold the largest market share in 2017. The presence of major flue gas analyser manufacturers and the stringent environmental regulations in this region are the major factors driving the growth of the flue gas analyser market in North America. Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growing demand for flue gas analysers from the power and chemical industries in this region is driving the growth of the market.

Some of the key players in the flue gas analyser market are Testo SE & Co. KGaA (Germany), Emerson Electric Co. (US), General Electric Company (US), Siemens AG (Germany), ABB Ltd. (Switzerland), and Yokogawa Electric Corporation (Japan).

4) Flue Gas Analyser Market: Market Growth Drivers
The global flue gas analyser market is expected to grow at a CAGR of around 6% during the forecast period. The market is driven by various factors such as the need for better energy efficiency, increased awareness about environmental protection, and stringent government regulations.

The need for better energy efficiency is one of the major drivers for the market. The flue gas analyser helps in reducing the fuel consumption by around 30%, thereby reducing the overall carbon footprint. The other benefits of using a flue gas analyser include the prevention of corrosion and the reduction of maintenance costs.

The increased awareness about environmental protection is another major driver for the market. The flue gas analyser helps in reducing the emission of harmful gases such as carbon dioxide and sulfur dioxide. This, in turn, helps in protecting the environment from pollution.

The stringent government regulations are also driving the market. The government is imposing strict regulations on the emission of harmful gases. This is resulting in the increased adoption of flue gas analysers.

The market is also driven by the advancement in technology. The new generation of flue gas analysers is more accurate and user-friendly. This is resulting in the increased adoption of these analysers.

The major restraining factor for the market is the high cost of the flue gas analysers. The initial cost of installation and maintenance is very high. This is preventing the widespread adoption of these analysers.

The market is segmented by type, application, and geography.

By type, the market is segmented into portable and fixed.

By application, the market is segmented into power plants, chemical plants, and others.

By geography, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

The major players in the market are ABB Ltd., General Electric Company, Siemens AG, and Honeywell International Inc.

5) Flue Gas Analyser Market: Market Challenges
The flue gas analyser market is projected to grow from USD 2.1 billion in 2019 to USD 2.8 billion by 2024, at a CAGR of 5.8% during the forecast period. The need to comply with stringent environmental regulations, the rising awareness of energy efficiency, and the growing adoption of clean energy technologies are the major factors driving the growth of the flue gas analyser market. However, the high cost of flue gas analysers and the lack of awareness about their benefits are restraining the growth of this market.

The following are the five major challenges faced by the flue gas analyser market:

1. High Cost of Flue Gas Analysers

The high cost of flue gas analysers is a major challenge for the growth of the flue gas analyser market. The cost of flue gas analysers ranges from USD 2,000 to USD 5,000, depending on the features and specifications. This high cost is a major barrier for the adoption of flue gas analysers, especially in small and medium enterprises (SMEs).

2. Lack of Awareness about the Benefits of Flue Gas Analysers

The lack of awareness about the benefits of flue gas analysers is another challenge for the market. Many end-users are unaware of the benefits of flue gas analysers, such as energy savings, reduced emissions, and improved process control. This lack of awareness is restraining the growth of the flue gas analyser market.

3. Fragmented Market

The flue gas analyser market is fragmented with the presence of a large number of small and medium-sized manufacturers. The key players in the market include ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric Company (US), Testo SE & Co. KGaA (Germany), and Emerson Electric Co. (US). These companies account for a significant share in the flue gas analyser market. The fragmented nature of the market makes it difficult for new players to enter the market.

4. Stringent Environmental Regulations

The stringent environmental regulations are one of the major challenges for the flue gas analyser market

6) Flue Gas Analyser Market: Market Trends
The global flue gas analyser market is expected to grow at a CAGR of 5.5% during the forecast period from 2019 to 2024. The market is primarily driven by the increasing awareness of the harmful effects of air pollution and the need to reduce greenhouse gas emissions. The market is also driven by the advancement in technology, which has resulted in the development of more accurate and reliable flue gas analysers.

The market is segmented by type, application, and geography. The market is divided into combustion gas, process gas, and other types of flue gas analysers. The combustion gas analysers segment is projected to grow at the highest CAGR during the forecast period. This is due to the increasing demand for these analysers from the power generation and oil & gas industries.

The market is also segmented by application into industrial, commercial, and residential applications. The industrial application segment is projected to grow at the highest CAGR during the forecast period. This is due to the increasing need for flue gas analysers in industries such as power generation, oil & gas, and chemical & petrochemical.

The market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is projected to grow at the highest CAGR during the forecast period. This is due to the stringent environmental regulations in the region, the presence of a large number of manufacturers in the region, and the increasing awareness of the harmful effects of air pollution.

Some of the key players in the flue gas analyser market are ABB Ltd., Siemens AG, General Electric Company, Schneider Electric SE, and Honeywell International Inc.

7) Flue Gas Analyser Market: Vendor Landscape
The flue gas analyser market is highly competitive with a large number of vendors offering a variety of products. The competition is further intensified by the presence of a large number of small and medium-sized vendors. This has led to a situation where the vendors are constantly innovating and introducing new products in order to gain a competitive edge.

The leading vendors in the market are Testo, Dräger, and Flir Systems. These vendors are well-established and have a strong presence in the market. They offer a wide range of products and have a strong customer base.

Some of the other key vendors in the market are Amprobe, Bacharach, Yokogawa, and Honeywell. These vendors are also well-established and offer a wide range of products.

The flue gas analyser market is highly fragmented with a large number of small and medium-sized vendors. This has made it difficult for the vendors to differentiate their products and gain a competitive edge.

The vendors in the market are constantly innovating and introducing new products in order to gain a competitive edge. The leading vendors areTesto, Dräger, and Flir Systems. These vendors are well-established and have a strong presence in the market. They offer a wide range of products and have a strong customer base.

8) Flue Gas Analyser
Analysers are used to detect the concentration of flue gases in order to ensure that the correct air/fuel mixture is being burnt. By measuring the oxygen, carbon dioxide and temperature of the gases, the analyser can provide an indication of the combustion efficiency.

There are a number of different types of flue gas analysers on the market, each with its own advantages and disadvantages. Here, we take a look at eight of the most popular models to help you choose the right one for your needs.

1. The Testo 320 is a portable, battery-operated flue gas analyser that is suitable for use in domestic and commercial properties. It can measure oxygen, carbon dioxide and temperature, and has a backlit LCD display for easy readings.

2. The Bacharach PCA-2 is a handheld flue gas analyser that is specifically designed for checking combustion efficiency in oil-fired boilers. It can measure oxygen, carbon dioxide, temperature and stack draft, and has a built-in printer for generating reports.

3. The Flir GF320 is a thermal imaging camera that can be used to detect hot spots and leaks in flue gas systems. It can also measure temperature, making it a useful tool for checking combustion efficiency.

4. The Flue-Gas Analyser from Amprobe is a portable, battery-operated model that is suitable for use in domestic and commercial properties. It can measure oxygen, carbon dioxide and temperature, and has a backlit LCD display for easy readings.

5. The E Instruments EGA-2 is a portable flue gas analyser that is specifically designed for checking combustion efficiency in gas-fired boilers. It can measure oxygen, carbon dioxide, temperature and stack draft, and has a built-in printer for generating reports.

6. The TSI Combustion Analyzer is a portable, battery-operated flue gas analyser that is suitable for use in domestic and commercial properties. It can measure oxygen, carbon dioxide and temperature, and has a backlit LCD display for easy readings.

7. The Enerac ECA-500 is a portable flue gas

Key Players Covered

Some of the major companies that are present in flue gas analyzer market are ABB, Emerson, Ametek, Teledyne Analytical Instruments, Horiba, Nova Analytical Systems, Testo, Environnement SA, Sick USA, Wöhler Technik GmbH, Tekran Instruments, California Analytical Instruments, Thermo Fisher Scientific, Siemens, Opsis, Servomex, and MRU Instruments.

SEGMENTATION

 

SEGMENTATION

 

 

DETAILS

 

 

By Installation Type

 

 

· Inline

· Portable

 

By Technology

 

 

· Zirconia

· Electrochemical

· Paramagnetic

· Infrared

· Others

 

By Application

 

 

· Power Generation

· Oil & Gas

· Cement Plants

· Chemicals

· Pulp & Paper

· Metals

· Waste Incineration

· Others

 

By Geography

 

 

· North America (the USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

 

 

By Installation Type

 

 

· Inline

· Portable

 

By Technology

 

 

· Zirconia

· Electrochemical

· Paramagnetic

· Infrared

· Others

 

By Application

 

 

· Power Generation

· Oil & Gas

· Cement Plants

· Chemicals

· Pulp & Paper

· Metals

· Waste Incineration

· Others

ABB, Emerson, Ametek, Teledyne Analytical Instruments, Horiba, Nova Analytical Systems, Testo, Environnement SA, Sick USA, Wöhler Technik GmbH, Tekran Instruments, California Analytical Instruments, Thermo Fisher Scientific, Siemens, Opsis, Servomex, and MRU Instruments.

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