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.
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.
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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%.
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