Global Portable Gas Chromatograph Market to Receive Overwhelming Hike in future |ABB, Agilent Technologies, Elster Group GmbH, Emersion Electric Co., PerkinElmer Inc., SRI Instruments, Seimens AG
Market Analysis: Global Portable Gas Chromatograph Market
Global Portable Gas Chromatograph Market is expected to rise from its initial estimated value of USD0 1.15 billion in 2018 to an estimated value of USD 1.72 billion by 2026, registering a CAGR of 5.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the increase in awareness regarding the benefits of portable gas chromatograph and rising levels of adoption of the product.
Market Definition: Global Portable Gas Chromatograph Market
Portable gas chromatographer is used to separate and make analysis of substances that are able to vaporize below the temperature of 300 0C. This kind of portable device is mostly used in field operations. There is a growing demand for portable gas chromatograph in oil & gas, food & agriculture and environmental biosciences industrial activates, which is expected to be one of the major drivers for the growth of the market in near future.
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Rising awareness about the therapeutic applications of portable gas chromatograph
Increasing investments by the governmental bodies
Low maintenance costs and manufacturing costs
Costly setup and lack in expertise
Strict rules and regulations by different governments
Segmentation: Global Portable Gas Chromatograph Market
-By Accessories & Consumables:
Auto sampler Accessories
Flow Management Accessories
-By End-User Industries:
Oil & Gas
Food & Agriculture
Key Developments in the Market:
-In June 2017, AMETEK acquired MOCON, Inc. who is a leading provider of detectors, systems, instruments, and consulting services to, safety departments, research laboratories in the medical, pharmaceutical, oil and gas and other industries worldwide.
-In October 2018, FLIR Systems (West Lafayette) was awarded Indiana Innovation Awards 2018 by Centric Inc. They were felicitated with this award because of their innovation on portable gas chromatograph-mass spectrometer namely FLIR Griffin G510 person.
Global portable gas chromatograph market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of portable gas chromatograph market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Market Competitors:
Few of the major competitors currently working in portable gas chromatograph market are ABB, Agilent Technologies, Elster Group GmbH, Emersion Electric Co., PerkinElmer Inc., SRI Instruments, Seimens AG, Shimadzu Corporation, Thermo Fisher Scientific, Vernier Software & Technology, LLC, Pollution Srl, Ellutia, Defiant Technologies, ECO PHYSICS AG, Eutech Scientific Services, Inc., AMETEK.Inc., Reaction Analytics Inc., Restek Corporation, Bruker, Owlstone Inc., ASAP Analytical and many more.
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