Dublin, Oct. 2, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/jtzjn3/global_online_gas)
has announced the addition of the
"Global Online Gas Analyzer Market 2012-2016" report to their
offering.
The analysts forecast the Global Online Gas Analyzer market to grow
at a CAGR of 5.72 percent over the period 2012-2016. One of the key
factors contributing to this market growth is the increasing demand
for replacement online gas analyzers from developed countries. The
Global Online Gas Analyzer market has also been witnessing the
development of next-generation online gas analyzers. However, the
availability of low-cost gas analyzers could pose a challenge to
the growth of this market.
The key vendors dominating this space include ABB Ltd., Emerson
Electric Co., General Electric Co., Siemens AG, and Thermo Fisher
Scientific plc.
The other vendors mentioned in this report are Endress+Hauser
Management AG, Focused Photonics plc, Invensys plc, Spectris Inc.,
TSI Inc., and Yokogawa Electric Corp.
Commenting on the report, an analyst from the team said: Vendors in
the Global Online Gas Analyzer market are developing
next-generation online gas analyzers in line with the development
in technology. As a result of little product differentiation among
the vendors in this market, the vendors are developing more
technologically-advanced online gas analyzers in order to gain a
competitive edge over their competitors. For instance, many vendors
in the market are developing multi-function online gas analyzers.
Multi-function online gas analyzers offer various functions such as
reporting the gas measurements, integrating with plant automation
systems, and analyzing multiple gases/samples. Therefore, vendors
in this market have started focusing on developing multi-function
online gas analyzers, which help them gain a competitive edge
over their competitors in the market.
According to the report, one of the major drivers in the market is
the increasing government regulations for air pollution control.
Many government organizations have passed several regulations to
keep air pollution under check. This has led to an increasing
demand for online gas analyzers globally.
For more information visit
http://www.researchandmarkets.com/research/jtzjn3/global_online_gas
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