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Flue Gas Analyzer Market to Expand Their Businesses With New Investments by 2021

02-01-2017 02:01 PM CET | Tourism, Cars, Traffic

Press release from: Persistence Market Research Pvt. Ltd

Flue Gas Analyzer Market, Flue Gas Analyzer

Flue Gas Analyzer Market, Flue Gas Analyzer

The environmental protection is becoming a major concern for the world today, government laws, and industry association advocate to use the continuous emissions monitoring systems (CEMS) in manufacturing plant to ensure the safety of workers, workplace and environment. These CEMS devices are used to detect toxic and hazardous gases in order to maintain safety. Flue gas analyzer is one of the important device under CEMS system which plays an important role in protection of atmosphere from toxic and hazardous gases while increasing the efficiency of the plant. Generally, a flue is pipe, duct or opening of chimney which are used to exhaust gases to outdoors from boiler, generator of furnaces installed in manufacturing facility. Flue gas analyzer is a device that detects and monitors the composition of exhausting gases from furnaces or boilers and help to determine the proper ratio of air and fuel. Flue gas analyzer directly measures and displays flue gas, temperatures and differential pressure.

TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/8056

The global flue gas analyzer market is increasing rapidly due to its increasing usage across various industries such as automobiles, chemical and food. Some of the major factor identified are rapid industrialization, stringent government laws and industry standards towards environmental protection. However high cost of implementation for small size manufacturing plants and low awareness in some regions can pose a major challenge towards the growth of the global flue gas analyzer market to some extent. Some of the major trends identified in the global flue gas analyzer market are use of internet of everything (IoT) and artificial neural network technology.

Global Flue Gas Analyzer market is segmented on the basis of geography, product type and by end-user industry. The product type segment of the global flue gas analyzer market includes;

• Portable
• Fixed

On the other hand end-use industry segment is further segmented into following categories;

• Oil & Gas
• Power Generation
• Chemical
• Food
• Pharmaceuticals
• Automotive
• Other Industries

The global flue gas analyzer market is expected to grow at significant rate over the forecast period from 2015 to 2025. Emerging economies such as India and China are forecast to surge the demand for flue gas analyzer market due to increasing number of new manufacturing facilities and expansion of existing capacity of manufacturing plants. Among the product type segment, fixed type flue gas analyzer segment dominated the global flue gas analyzer market in 2014, while portable type flue gas analyzer is forecast to expand at higher CAGR over the forecast period.

Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/8056

The global flue gas analyzer market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. As of 2014, North America dominated the global flue gas analyzer market followed by Asia and Europe. On the other hand BRIC countries are expected to grow at higher CAGR when compared to other countries in their respective regions. Also, in terms of growth rate Asia Pacific is anticipated to play major role in growth of global flue gas analyzer market.

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Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

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