North America: Hydrocarbon Gas Analysis Systems Market Size
The North America hydrocarbon gas analysis systems market was valued at USD 398 million in 2023 and is expected to register a compound annual growth rate of approximately 5% from 2024 to 2032. Stringent workplace safety measures have increased product demand across various end-use sectors.
Persistent emissions of gases such as carbon monoxide (CO), nitrogen oxides (NOx) and methane from industrial activities are driving the transition to advanced solutions. For example, in June 2024, the Statistical Review of World Energy published by the Energy Institute confirmed that carbon dioxide emissions from energy across Canada totaled 519.5 million tonnes of CO2, an increase of over 3.4% over four years from 502.2 million tonnes in 2020.
| Report Attribute | Details |
|---|---|
| Base year: | 2023 |
| North America Hydrocarbon Gas Analysis Systems Market Size in 2023: | 398 million USD |
| Forecast period: | 2024 – 2032 |
| Forecast period 2024 – 2032 CAGR: | 5% |
| Value forecast for 2032: | 613.5 million USD |
| Historical data for: | 2021 – 2023 |
| Number of pages: | 75 |
| Tables, diagrams & figures: | 10 |
| Segments covered: | Technology and Land |
| Growth drivers: |
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| Pitfalls and challenges: |
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North America Hydrocarbon Gas Analysis Systems Market Trends
North America Hydrocarbon Gas analysis systems industry is expected to witness significant growth due to rapid product development by leading industry players coupled with stringent emission norms. Moreover, the abundant presence of large untapped hydrocarbon reserves with significant exploration and production potential will open up new opportunities for product deployment. Moreover, the use of sustainable designs along with smart (IoT) measurements that ensure accurate detection of harmful gases will boost industry growth.
North America Hydrocarbon Gas Analyzer Systems Market Analysis
The electrochemical gas analysis systems market is expected to exceed USD 210 million by 2032, driven by the rising emission levels in several end-use sectors as well as the increasing demand for emission monitoring systems. These units are suitable for process control and quality assurance and are used in various applications to ensure safety measures that electrochemical gas analyzer Industry landscape.
The non-dispersive infrared (NDIR) technology segment is expected to witness significant growth due to its ability to distinguish hydrocarbon gases, especially in oxygen-poor environments. Global carbon emissions have been steadily increasing over the years, mainly due to heavy dependence on fossil fuels. As industries increasingly monitor toxic gases and continue to rely on fossil fuels, the adoption of NDIR gas analysis systems will increase across various sectors.
The US hydrocarbon gas analysis systems market is expected to exceed USD 450 million by 2032 as the transition towards the adoption of automated solutions in the industry is driving the demand for optimized gas analysis systems. Moreover, increased industrialization in various sectors coupled with the positive outlook of regional administrations to reduce the carbon footprint will favor the industry growth. Moreover, accelerated investments in various industries and the adoption of advanced technologies will boost the North American Gas Analysis Systems Industry Size.
Market share of hydrocarbon gas analysis systems in North America
The growing demand for reliable gas detection technologies to counter the increasing environmental pollution with toxic gases and increasing safety measures against harmful emissions will drive North American Hydrocarbon gas analysis systems industryIn addition, leading industry participants, including , have continuously reformed their R&D investments to tap into a new customer base with an advanced product portfolio and gain significant market share.
North America: Companies in the hydrocarbon gas analysis systems market
The main manufacturers operating in the market include:
- ABB
- Airborne Labs International
- AMETEK MOCON
- Bakr Hughes Company
- Enerac
- ENVEA
- Galvanic
- Modcon Systems LTD.
- Nova Analytical Systems
- Servomex
- Shimadzu Corporation
- SICK AG
- Siemens
- Unique group
- Yokogawa Corporation of America
Industry news on hydrocarbon gas analysis systems in North America
- In June 2024, Panametrics, a subsidiary of Baker Hughes, will launch three flow, gas and humidity measurement products: T5MAX Transducer, XMTCpro and HygroPro XP for a wide range of applications including energy and industrial sectors. The HygroPro XP is designed to quickly and accurately measure moisture in hydrocarbon liquids and gases and covers a wide dew point range, helping to mitigate product quality issues in the oil and gas industry and industrial plants.
- In November 2023, AMETEK Process Instruments introduced its state-of-the-art 9933 Gas Analyzer. This analyzer is designed to simultaneously detect hydrogen (H2), various sulfur compounds, and carbon dioxide (CO2), facilitating the assessment of contaminants in hydrocarbon gas streams. Suitable for both outdoor and indoor use, the 9933 has North American Class I Division 2 and ATEX/IECEx/UKEx Zone 2 hazardous location certifications, making it a valuable addition to North American industry.
This North America Hydrocarbon Gas Analysis Systems Market research report provides detailed coverage of the industry with Estimates and forecasts in “millions of USD” from 2021 to 2032 for the following segments:
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Market, by technology
- Electrochemical
- Paramagnetic
- Zirconia (ZR)
- Non-dispersive IR (NDIR)
- Miscellaneous
The above information was provided for the following countries:
