According to the research report titled ‘Global Flue gas analyzer Market Size, by Installation type (Inline and portable), by Technology (Zirconia, Electrochemical, Paramagnetic, Infrared, and Others), by Gas Component (COX, SOX, NOX and others), by Application (power generation plants, oil & gas, cement plants, chemicals, pulp & paper, metals and others) and Regional Forecasts 2020-2027‘, available with Market Study Report, global flue gas analyzer market was valued at USD 652.22 million in 2019 and is expected to witness a growth rate of 5.93% through 2027.
 

Global flue gas analyzer market is primarily driven by the equipment’s application in emission monitoring systems and presence of strict norms regarding greenhouse gas discharge. It is further used in rooms and buildings to measure & monitor air quality, which is influencing the market growth.
 

Notably, a flue gas analyzer plays an important part in emission monitoring by measuring the concentration of different gases in discharge air to assess their poison index, and efficiency among others. According to trusted sources, India and 175 other nations signed “Paris Agreement” with a commitment of lowering the intensity of greenhouse gas emission by 33-35% of GDP by 2030. Such initiatives by national federations as well as international organizations aimed towards environment preservation will boost global flue gas analyzer market size.
 

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Additionally, rising health and safety concerns among individuals worldwide is stimulating the market outlook. However, high price of flue gas analyzer is likely to restrain global flue gas analyzer industry share in the coming years.
 

Speaking of gas component, worldwide flue gas analyzer market is segmented into NOX, SOX, COX, and others. With regards to application scope, the industry is bifurcated into pulp & paper, oil & gas, chemicals, metals, cement plants, power generation plants, and others. Based on technology, the industry landscape is classified into electrochemical, infrared, zirconia, paramagnetic, and others. Considering the installation type, the industry is divided into portable and inline.
 

From regional perspective, North America flue gas analyzer industry is witnessing large revenues in recent times mainly due to emphasis towards environmental protection in the region. Prallelly, Asia Pacific industry is anticipated to register a strong growth rate over 2020-2027, owing to favorable government regulations regarding carbon emission.
 

Major players operating in global flue gas analyzer market sphere include AMETEK Inc., Nova Analytical Systems Inc., ABB Group, Horiba Ltd., Testo Ltd., Wöhler Technik GmbH, Thermo Fisher Scientific, Teledyne Instruments Inc., Emerson Electric Co., California Analytical Instruments Inc.