What is VOC Gas Meter Market Scope?
Overall VOCs (Volatile Organic Compounds) is one of the common measurement from industrial emissions. In general, only the measurement value is obtained with the use of Flame Ionisation Detection (FID) analyzers and respective techniques. However, all other measurements processes are used as standard reference methods for VOC measurements. VOC gas meters allow for the speciation of individual organic gases in an emission stream. This means the VOC users can see the relative abundances of different types of organic species. Increasing applications of VOC sensors in environmental site surveying and several other applications and upsurging awareness about global air quality and health risks associated with the same has escalated the demand for VOC Gas Meters across the global market.
The VOC Gas Meter market study is being classified by Type (PID (Photoionization Detector) and Metal-oxide Semiconductor), by Application (Environmental Site Surveying, Industrial Hygiene and HazMat/Homeland Security) and major geographies with country level break-up. According to AMA, the Global VOC Gas Meter market is expected to see growth rate of 3.51% and may see market size of USD171.56 Million by 2026.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are RAE Systems, Ion Science, Thermo Fisher Scientific, Shenzhen Skyeaglee, and Omega. Analysts at AMA predicts that Players from European will contribute to the maximum growth of Global VOC Gas Meter market throughout the predicted period.
RAE Systems, Inc. (United States), Ion Science Ltd. (United Kingdom), Thermo Fisher Scientific (United States), Shenzhen Skyeaglee Technology Co. Ltd (China), Omega SA (France), E Instruments International, LLC (United States), FIGARO (Japan), AMS AG (Austria), Alphasense (United Kingdom) and Drägerwerk (Germany) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Honeywell (United States), Aeroqual (New Zealand), Siemens (Germany) and Extech (United States).
Analyst at AMA have segmented the market study of Global VOC Gas Meter market by Type, Application and Region.
On the basis of geography, the market of VOC Gas Meter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
Ion Science leading manufacturer of high-performance gas detection instrumentation for global environmental and occupational health monitoring applications – is offering a free gas table to customers who register their well proven Tiger and Tiger Select handheld volatile organic compound (VOC) detectors online to receive the company’s industry-beating five-year extended warranty.
The U.S. EPA regulates VOCs at Federal level in 40 CFR 59, which is the National Volatile Organic Compound Emission Standards For Consumer And Commercial Products. VOC controls for products are typically based on the application of products, such as Aerosol Coatings, Architectural Coatings, Automobile Refinish Coatings, Consumer Products, and many others. In addition to 40 CFR 59, the Federal VOC Limits are designed to maintain nationwide air quality for environmental and human health reasons. For instance; the Clean Air Act requires States to maintain air quality.
Influencing Market Trend
- Available in Comparatively Compact Size and Continues Technological Advancements
- Introduction to Extremely Favourable Polymers which can Minimize the Tolerance
- Increasing Applications of VOC sensors in Environmental Site Surveying and Several Other Applications
- Provides Comparatively Faster Response Time with Simplified Fabrication Techniques
- Upsurging Awareness About global Air Quality and Health Risks Associated with the Same
- Relatively More Power Consuming Solution than the Other Substitutes
- Sensitive to Unfavorable Environmental Conditions such as Temperature, Humidity, and Others
- Limited Applications Associated with the Portable VOC Sensors
Key Target AudienceVOC Gas Meter Manufacturers, VOC Gas Meter Distributors and Suppliers, VOC Gas Meter International Traders, Audio System Manufacturers, Research and Development Institutes, Industry Associations, Governement Agencies and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the VOC Gas Meter market expands?
The Global VOC Gas Meter market is expected to see a growth of 3.51% during projected year 2020 to 2026.
2. Who are the prominent players of the Global VOC Gas Meter market?
The prominent players of Global VOC Gas Meter market are RAE Systems, Inc. (United States), Ion Science Ltd. (United Kingdom), Thermo Fisher Scientific (United States), Shenzhen Skyeaglee Technology Co. Ltd (China), Omega SA (France), E Instruments International, LLC (United States), FIGARO (Japan), AMS AG (Austria), Alphasense (United Kingdom) and Drägerwerk (Germany), to name a few.
3. What are the top priorities to focus for VOC Gas Meter market’s growth?
In this highly competitive & fast evolving VOC Gas Meter industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.