Wilmington, Delaware, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Global Oxygen Gas Analyzers Market is valued at US$ 842.3 million in 2023 and is expected to grow at a significant CAGR of over 9.3% over the forecast period of 2023-2030, according to the published market report by RationalStat
Market Definition, Market Scope, and Report Overview
Stringent safety regulations across industries, including healthcare, manufacturing, and environmental monitoring, drive the demand for oxygen gas analyzers to ensure compliance with safety standards. Moreover, infrastructure development in emerging markets, coupled with increased industrialization, contributes to the demand for oxygen gas analyzers as these countries invest in monitoring and safety equipment.
In addition, the growing awareness of the importance of workplace safety and the need to monitor oxygen levels in various industrial settings contributes to the adoption of oxygen gas analyzers. Furthermore, oxygen gas analyzers are used in the food and beverage industry to monitor and control oxygen levels during the production and packaging of perishable goods. This ensures product quality and extends shelf life.
- According to a deep-dive market assessment by RationalStat, the global oxygen gas analyzers market has been analyzed on the basis of market segments, including mobility, end user, technology type and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the global oxygen gas analyzers market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the global oxygen gas analyzers market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Oxygen Gas Analyzers Market: Segmental and Market Share Analysis
- On the basis of technology type, Zirconium is anticipated to dominate the oxygen gas analyzer market.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 842.3 million |
| Market Size Forecast | US$ 1,566.7 million |
| Growth Rate | 9.3% |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global aortic valve replacement devices market include,
- In August 2023, ABB collaborated with Samsung Engineering. The collaboration involves supporting energy industries in the kingdom with integrated analyser solutions.
Some of the prominent players and suppliers operating and contributing significantly to the global oxygen gas analyzers market growth include Advanced Micro Instruments, Inc., Nova Analytical Systems, ABB, Emerson Electric Co., Thermo Fisher Scientific Inc., Servomex, Yokogawa, Siemens, Teledyne Analytical Instruments, and Fuji Electric Co. Ltd., among others.
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RationalStat has segmented the global oxygen gas analyzers market based on mobility, end user, technology type and region
- Global Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Mobility
- Fixed
- Mobile
- Global Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
- Oil & Gas
- Healthcare
- Environmental Monitoring Agencies
- Research
- Food & Beverage
- Others
- Global Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Technology Type
- Electrochemical
- Paramagnetic
- Thermomagnetic
- Zirconium Dioxide
- Others
- Global Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Oxygen Gas Analyzers Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Oxygen Gas Analyzers Report:
- What will be the market value of the global oxygen gas analyzers market by 2030?
- What is the market size of the global oxygen gas analyzers market?
- What are the market drivers of the global oxygen gas analyzers market?
- What are the key trends in the global oxygen gas analyzers market?
- Which is the leading region in the global oxygen gas analyzers market?
- What are the major companies operating in the global oxygen gas analyzers market?
- What are the market shares by key segments in the global oxygen gas analyzers market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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