New York, Aug. 16, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Gas Sensor, Detector And Analyzer Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)” – https://www.reportlinker.com/p06483975/?utm_source=GNWThe global demand for gas analyzers has been boosted by an increase in shale gas and tight oil discoveries since these resources are utilized to stop corrosion in the infrastructure of natural gas pipelines. The use of gas analyzers has also been enforced in several industrial settings by government law and the enforcement of occupational health and safety rules. The growing public consciousness of the dangers of gas leaks and emissions contributed to the increased adoption of gas analyzers. Manufacturers are integrating gas analyzers with mobile phones and other wireless devices to offer real-time monitoring, remote control, and data backup.
Gas leaks and other unintentional contamination can result in explosive consequences, physical harm, and fire risk. In confined spaces, numerous hazardous gases can even asphyxiate workers in the vicinity by displacing oxygen, which results in death. These outcomes jeopardize employee safety and the safety of equipment and property.
Handheld gas detection tools keep personnel safe by monitoring a user’s breathing zone while stationary and moving. These devices are critical in many situations where gas risks may exist. It is essential to monitor the air for oxygen, combustibles, and poisonous gases to ensure the safety of all people. Handheld gas detectors include built-in sirens that alert workers to potentially hazardous situations within an application, such as a confined space. When an alert is triggered, a large, easy-to-read LCD verifies the concentration of dangerous gas or gases.
The production costs for gas sensors and detectors have steadily risen due to recent technological changes. While the market incumbents have been able to adapt to these changes, new entrants and mid-range manufacturers face considerable challenges.
With the onset of COVID-19, multiple end-user industries in the market studied have been affected by reduced operations, temporary factory closures, etc. For instance, in the renewable energy industry, significant concerns revolve around global supply chains, which are considerably slowing down production, thus, aiming at reduced spending for new measurement systems and sensors. According to IEA, global natural gas supply increased by an estimated 4.1% globally in 2021, partly supported by the market recovery post the COVID-19 pandemic. The detection and monitoring of hydrogen sulfide (H2S) and carbon dioxide (CO2) is pertinent in natural gas processing, creating significant demand for gas analyzers.The presence of oxygen in the gas sample determines a leak in the pressurized pipeline system. The continuous and undetected leak may worsen the situation while impacting on operational flow efficiency of the pipeline. Moreover, the presence of gases, such as hydrogen sulfide (H2S) and carbon dioxide (CO2), in the pipeline system reacting with oxygen can combine and form a corrosive and destructive mixture that can deteriorate the pipeline wall inside out.
Mitigating such expensive costs is one of the drivers for adopting gas analyzers for preventive actions in the industry. Gas analyzer helps monitor leaks to extend the life of pipeline systems by effectively detecting the presence of such gases. The oil and gas industry is moving toward the TDL technique (tunable diode laser), which enables the reliability of detecting with precision because of its high-resolution TDL technique and avoids common interferences with traditional analyzers.
As per the International Energy Agency’s (IEA) June 2022, net global refining capacity is expected to expand by 1.0 million b/d in 2022 and by an additional 1.6 million b/d in 2023. With refinery gas analyzers commonly used to characterize gases produced during crude oil refining, such trends are expected to increase the market demand further.
According to IEA, global natural gas supply increased by an estimated 4.1% globally in 2021, partly supported by the market recovery post the COVID-19 pandemic. The detection and monitoring of hydrogen sulfide (H2S) and carbon dioxide (CO2) is pertinent in natural gas processing, creating significant demand for gas analyzers.
There are many ongoing and upcoming projects in the industry, with massive investments toward expanding production. For instance, the West Path Delivery 2023 project is expected to add about 40 km of new natural gas pipeline to the existing 25,000-km NGTL system, which ships gas across Canada and to the U.S. markets. . Such projects are expected to continue during the forecast period, which will fuel the demand for gas analyzers.The development of industries in the region is driving the growth of gas analyzers, owing to their use in the oil and gas industry, such as monitoring processes, increased safety, enhanced efficiency, and quality. Hence, the refineries in the region are deploying gas analyzers in the plants.
During the forecast period, Asia-Pacific is anticipated to be one of the fastest-growing global gas sensors market regions. This is due to a rise in strict governmental regulations and ongoing environmental awareness campaigns. Further, according to IBEF, as per the National Infrastructure Pipeline 2019-25, energy sector projects accounted for the highest share (24%) out of the total expected capital expenditure of INR 111 lakh crore (USD 1.4 trillion).
Also, the strict government regulations have recently shown significant growth in this region. Moreover, the surge in the government’s investments in smart city projects creates a significant potential for smart sensor devices, likely to impel regional Gas Sensors Market growth.
Rapid industrialization across the different countries in the Asia Pacific region is one of the primary factors driving the growth of the gas detectors market. Smoke, fumes, and toxic gas emissions occur due to highly polluting industries such as thermal power plants, coal mines, sponge iron, steel and ferroalloys, petroleum, and chemicals. Gas detectors are commonly used to detect combustible, flammable, and toxic gases and ensure safe industrial operations.
China is one of the largest steel-producing countries in the world. According to the National Development and Reform Commission, in 2021, China produced around 1,337 million tons of steel, an increase of 0.9% compared to the previous year. In the past decade, China’s annual steel production has increased steadily from 880 million tons in 2011. Steel manufacturing releases many harmful gases, including carbon monoxide, and is thus a significant contributor to the total demand for gas detectors. The significant expansion in water and wastewater infrastructure across the region is also increasing the deployment of gas detectors.August 2022 – Emerson has announced opening a gas analysis solutions center in Scotland to help plants meet sustainability goals. The center has access to more than ten different sensing technologies that can measure more than 60 other gas components.3 months of analyst support
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(GlobeNewsWire)