The presence of sulphur vapour in plants is potentially dangerous for the personnel working in these facilities, and it needs to be monitored carefully. Demand analysers are installed in plants for this purpose. The number of gas production and treatment plants has increased. These plants are adopting preventive and safety measures to ensure the safety of their staff, which is leading to the growth of global demand analysers market. The global demand analysers market is experiencing key growth momentum due to an increase in gas production and storage facilities. However, fluctuating oil and gas prices and political instability, which is hampering the Greenfield and Brownfield projects in developing countries, has negatively impacted the global demand analysers market.
Demand analysers are used in end-user industries for measuring up to five gases simultaneously, which include H2S, SO2, Sv (sulphur vapour), CS2 and COS. The Ultraviolet (UV) technology is the predominant method used to analyse air and gas demand. Advancements in these technologies are expected to enhance the global demand analysers market. Such factors associated with the growth in analyser contracts in oil and gas fields is expected to drive the global demand analysers market in the forecast period.
The adoption of demand analysers in refineries and in waste water treatment units is likely to drive the global demand analysers market. The growth momentum will be foremost in the Asian and African countries where automation is rapidly gaining traction. The growing number of sulphur recovery units and tail gas treating units are expected to directly drive the growth of the global demand analysers market.
The forecast period is likely to witness growth in the global demand analysers market. However, the market is likely to face challenges due to a reduction in coal-based operations and the implementation of new technologies such as predictive analysis.
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The adoption of demand analysers in refineries and in waste water treatment units is likely to drive the global demand analysers market. The growth momentum will be foremost in the Asian and African countries where automation is rapidly gaining traction. The growing number of sulphur recovery units and tail gas treating units are expected to directly drive the growth of the global demand analysers market.
The forecast period is likely to witness growth in the global demand analysers market. However, the market is likely to face challenges due to a reduction in coal-based operations and the implementation of new technologies such as predictive analysis.
Remote monitoring technology supports and drives the global demand analysers market owing to some facilities such as web-based password-protected user interface. Such protection systems provide security by offering full operational and diagnostic control from remote locations, which is boosting the global demand analysers market.
One of the key driving factors driving the global demand analysers market among end-user industries is sulphur recovery. Some of the key end-user industries where sulphur recovery is attained are oil & gas, chemical and petrochemical. In addition, the adoption of the Claus process in industries for the reduction of sulphur levels has resulted in steady growth of the global demand analysers market. The coupling effect of sulphur reduction has led to the introduction of more stringent standards, which is also boosting the global demand analysers market. Growing sulphur recovery is expected to drive the global demand analysers market during the forecast period.
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The global demand analysers market can be segmented into turbine types based on power output and operations.
On the basis of type, the global demand analysers market is segmented into:
On the basis of end-users, the global demand analysers market is segmented into:
On the basis of products, the global demand analysers market is segmented into:
The adoption of predictive analytics and predictive intelligence diagnostics in plants is slated to be a challenging factor for the growth of the global demand analysers market. Developed economies such as the US, the UK, Germany and Japan are likely to enforce such changes in the forecast period, which is expected to act as a restrain in the global demand analysers market.
One of the key factors contributing to the growth of the global demand analysers market in Asian and African countries, where the adoption is expected to be above par, is the growing number of projects in the oil & gas, chemical and petrochemical industries in these regions. These regions will be predominantly responsible for market growth during the forecast period due to the growth of natural gas production and storage in the North America, Western Europe, MEA and APEJ regions.
Some of the key market participants in the global demand analysers market are:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
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