Gas Sensors and Gas Metering: Applications and Markets
Report Highlights
The global market for gas flow meters, sensors/monitors, and secondary flow instrumentation will grow from nearly $5.3 billion in 2016 to around $6.9 billion by 2021, with a compound annual growth rate (CAGR) of 5.3% for the period of 2016-2021.
Report Includes
- An in-depth analysis of the global market for gas sensors and metering, and related applications and technologies.
- Analyses of global market trends, with data from 2015, 2016, and projections of compounds annual growth rates (CAGRs) through 2021.
- Information on the basic concepts, principles of operation, and equipment used for gas metering, gas sensing/monitoring, secondary gas flow instrumentation, and sampling.
- A look at the market's dynamics including growth drivers, restraints, and opportunities.
- Analysis of the role of gas metering and sensing/monitoring in various applications segments, including custody transfer of natural gas, stack and flare systems, utilities, crude oil and natural gas production/ processing, and low gas flow rates.
- Profiles of key players in the market.
Report Scope
This report presents data on demand for gas metering and gas sensors/monitors for different applications in current U.S. dollars for the major global regions. Market share is presented for all major products, applications, gases, players/regions, and at the global level. Profiles are included for leading suppliers worldwide.
The report begins with an overview of gas sensing and monitoring technologies, including a brief history, major products, and a market summary. Subsequent sections describe major gas sensing and monitoring technologies in greater detail, identify key suppliers, and present comprehensive market estimates and projections. A separate chapter examines the geographical structure of the market.
Frequently Asked Questions (FAQs)
Analyst Credentials
Andrew McWilliams spent more than 25 years as a consultant with Ernst & Young, McKinsey & Company and A.T. Kearny focused on manufacturing before segueing into research analysis. He has been covering myriad technology categories for BCC Research for more than 15 years. McWilliams has a BA from Princeton University and an MA from Harvard University. He has worked in more than 40 countries and he resides in the greater Boston area.
Report Highlights
BCC Research estimates the global market for gas flow meters, sensors, monitors, and secondary flow instrumentation totaled $4.5 billion in 2013 and $4.8 billion in 2014. Growing at a projected compound annual growth rate (CAGR) of 5.9%, the market should exceed $6.4 billion by 2019.
Report Includes
- An in-depth analysis of the global market for gas sensors and metering, and related applications and technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compounds annual growth rates (CAGRs) through 2019.
- Information on the basic concepts, principles of operation, and equipment used for gas metering, gas sensing/monitoring, secondary gas flow instrumentation, and sampling.
- Analysis of the role of gas metering and sensing/monitoring in various applications segments, including custody transfer of natural gas, stack and flare systems, utilities, crude oil and natural gas production/ processing, and low gas flow rates.
- Comprehensive company profiles of key players in the market.
Report Highlights
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BCC estimates the global market for gas flow meters, sensors, monitors, and secondary flow instrumentation at about $3.6 billion in 2009 and $3.9 billion in 2010. Growing at a projected compound annual growth rate (CAGR) of 5.9%, the market should approach $5.2 billion by 2015.
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The market for gas flow sensors and monitors is expected to grow faster than the markets for either flow meters or secondary instrumentation. This segment is worth an estimated $1.8 billion in 2010 and is expected to reach $2.5 billion by 2015, a compound annual growth rate (CAGR) of 6.7%.
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BCC estimates the global market for gas flow meters at $1.5 billion in 2009 and more than $1.5 billion in 2010, rising to nearly $2 billion by 2015. These figures represent a CAGR of 5.2% between 2010 and 2015.
Report Highlights
- The global market for gas sensors and gas metering equipment including secondary instrumentation is estimated at $2.8 billion in 2004 and expected to rise at an average annual growth rate (AAGR) of 5.9% to $3.8 billion in 2009.
- Sensors and monitors represent the largest and second highest growing segment, rising at an AAGR of 6.3% from $1.3 billion in 2004 to nearly $1.8 billion in 2009.
- The smallest segment, secondary instrumentation, also is the fastest growing and expected to reach $512 million in 2009, rising at an AAGR of 7.2%.