India Fixed Gas Analyzers Market Size and Forecast (2020-2030)

India Fixed Gas Analyzers Market Size and Forecast (2020 – 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Oxygenates GC Analyzers, Natural Gas Analyzers, Refinery Gas Analyzers, and Others) and Industry Vertical (Oil & Gas, Chemicals & Petrochemicals, Energy, Food & Beverages, and Others)

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The India fixed gas analyzers market was valued at US$ 115.48 million in 2022 and is projected to reach US$ 178.23 million by 2030; it is expected to register a CAGR of 5.6% from 2022 to 2030. The fixed gas analyzers market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases.

The India fixed gas analyzers market report emphasizes the key factors driving the market and prominent players’ developments. According to the Insight Partner’s fixed gas analyzers market analysis, the rise in FDI in various industries and growth in oil & gas sector are among the factors contributing to the market growth. Foreign direct investment (FDI) is a key contributor to the economic growth in India. According to the World Investment Report 2023, India held the record for third-highest FDI during 2021–2022. Further, the total FDI inflows obtained between April 2014 and June 2023 accounted for US$ 614.02 billion. Foreign organizations invest in Indian industries to profit from the country’s investment benefits, which include tax breaks and comparatively lower salaries. These benefits help various industries in India incorporate advanced technologies into their respective operations. The government’s supportive policy framework, suitable business climate, rise in global competitiveness, and economic growth are the factors attracting the FDI inflows in India.
A few of the instances related to FDI in India are mentioned below:
• In September 2023, the Union Minister of State of Chemicals & Fertilizers announced that India achieved FDI growth of 91% during the financial year 2022–2023 compared to the previous financial year. This growth shows the immense potential of the chemical & petrochemical industry in terms of development, investment, and employment.
• In August 2022, the Ministry of Food Processing Industries stated that 100% of FDI will be permitted after following the automatic route in the food processing sector. The government’s liberal and transparent policy attracts FDI via an automatic route. Also, 100% FDI under the government approval route in the food processing sector is allowed for retail trading, including through e-commerce, with respect to food products manufactured and produced in India.
• As per the India Brand Equity Foundation, In July 2021, the Department for Promotion of Industry and Internal Trade (DPIIT) approved an order that allows 100% FDI under automatic route for oil & gas public sector undertakings (PSU). The government also allowed 100% FDI in upstream and refining projects in the private sector.
Foreign direct investments in oil & gas, food processing, chemicals, and other industries can help the respective industries proliferate. Local production, research and development activities, and incorporation of advanced technologies are supported by these investments. In these industries, fixed gas analyzers are used to detect an abnormal or dangerous presence of gas in specific areas. Hence, the rise in foreign direct investment in the above-mentioned industries fuels the India fixed gas analyzers market growth.

The “fixed gas analyzers market analysis” has been carried out by considering the following segments: product type and industry vertical. Based on product type, the market is segmented into oxygenates GC analyzers, natural gas analyzers, refinery gas analyzers, and others. Based on industry vertical, the India fixed gas analyzers market is segmented into oil & gas, chemicals & petrochemicals, energy, food & beverages, and others.

Thermo Fisher Scientific Inc, Agilent Technologies Inc, Revvity Inc, M Automation, Mukta Instruments, HNL Systems Pvt Ltd, and Teledyne Technologies Inc are among the prominent players profiled in the fixed gas analyzers market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. The report provides detailed market insights, which help the key players strategize their growth.

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According to our latest market study on “India Fixed Gas Analyzers Market Size and Forecast (2020–2030), Country Share, Trend, and Growth Opportunity Analysis – by Product Type and Industry Vertical,” the market was valued at US$ 115.48 million in 2022 and is projected to reach US$ 178.23 million by 2030; it is expected to register a CAGR of 5.6% from 2022 to 2030. The market emphasizes the key factors driving the market and prominent players’ developments. The fixed gas analyzers market forecast is based on various sources of data and methods of analysis, such as historical trends, surveys, company’s analysis, information by organizations and government authorities, etc.

The Government of India is focused on enhancing safety and improving product quality across various sectors, such as oil & gas, chemicals, and food processing. A fixed gas analyzer is a critical component for many important processes. The quality of gas must be checked before and after the fixed gas analyzer is put into operation, which is necessary for the equipment’s performance; this generates the demand for gas analysis technology. In addition, companies need accurate functioning analyzers to guarantee the well-being of employees working with or around these gases.

Fixed Gas Analyzers Market — by Geography, 2022

Source: the research team Analysis

The Occupational Safety and Health Administration (OSHA) published a list of toxic substances and chemical hazards in workplaces that might adversely affect human health. Regular calibration and equipment replacement practices must be followed to ensure analyzers can accurately detect the presence of dangerous concentrations of certain gases and alert businesses of the potential threat to worker health. Thus, to ensure the well-being of the business ecosystem, the companies must use fixed gas analyzers to carry out the gas analysis.

Further, authorities make regulatory policies and decisions for the production, distribution, transmission, and supply of natural gas. For instance, the Oil Industry Safety Directorate (OISD) is the safety regulator for upstream offshore blocks operating under the Ministry of Petroleum and Natural Gas (MoPNG). It coordinates the implementation of a series of self-regulatory measures aimed at enhancing the safety of workers in the oil & gas industry in India. All these factors are increasing the focus on safety regulation in the sector, which encourages the oil and gas companies to adopt the necessary technology for safety, including fixed gas analyzers. Thus, stringent government regulations regarding gas analysis in the oil & gas and other industries are expected to create an opportunity for the India fixed gas analyzers market growth during the forecast period.

India is focused on becoming a global leader in several sectors, such as oil & gas, chemical & petrochemicals, food & beverages, etc. The Government of India aims to reduce its dependency on exports. The World Bank Group is also helping the government to strengthen policies, institutions, and investments to create a resilient industrial ecosystem in the country. As a result, there is a rise in the investments and development of new plants across several industries in India. A few effective government-led policies and FDI policies attract several global players to establish their business in the country.

A few of the instances are mentioned below:

In September 2023, ITC announced an investment of approximately US$ 180 million (INR 1,500 crore) in Madhya Pradesh to establish an integrated food manufacturing and logistics facility along with a sustainable packaging products manufacturing facility at Sehore.In October 2023, Haldia Petrochemicals Ltd (HPL) announced an investment of ~US$ 360 million (INR 3,000 crore) to set up new plants in West Bengal. It aims to build the first on-purpose propylene plant and a phenol unit at its existing manufacturing facility in Haldia. The projects are anticipated to be completed by the first quarter of 2026.The construction of new plants generates the demand for fixed gas analyzers to offer continuous monitoring of the concentration of various gases to improve safety. Thus, rising investment in the establishment of new plants is likely to create lucrative opportunities for the India fixed gas analyzers market growth during the forecast period.

The fixed gas analyzers market trends include technological advancements in fixed gas analyzers, which play a crucial role in transforming the landscape of refinery gas analyzers. The integration of advanced hardware, digital solutions, and innovative service in a fixed gas analyzer can contribute to its overall performance. It helps to reduce capital expenditure (CAPEX) and promote simpler operations. Automation in the workflow has become a key priority to increase production and ensure enhanced operations.

Refineries are focused on adopting automated digital solutions to improve margins and reduce operational expenditure. Further, the miniaturization of components in a fixed gas analyzer, along with the incorporation of technologies such as augmented reality (AR) and cloud computing, can help the authorities maintain the quality of hardware, including fixed gas analyzer, used for gas analysis. Innovative digital services can enable instrumentation engineers to review the health and status of fixed gas analyzers. Digital services help them to minimize the need for maintenance and fix any potential errors in the equipment at an early stage. In addition, constant efforts to improve the hardware structure and functioning can help improve the quality and service offered by the fixed gas analyzer.

Thermo Fisher Scientific Inc, Agilent Technologies Inc, Revvity Inc, M Automation, Mukta Instruments, HNL Systems Pvt Ltd, and Teledyne Technologies Inc are among the prominent players profiled in the fixed gas analyzers market report. In addition, several other players have been studied and analyzed during the study to get a holistic view of the market and its ecosystem. The fixed gas analyzers market report provides detailed market insights, which help the key players strategize their growth.

The “India fixed gas analyzers market analysis” has been carried out by considering the following segments: product type and industry vertical. Based on product type, the oxygenates GC analyzers segment held the largest fixed gas analyzers market share in 2022 and is expected to record the highest CAGR during the forecast period. Oxygenates GC analyzers are a type of gas chromatography (GC) analyzer that is designed to study fixed gases in various samples. The analyzer is most commonly used in pharmaceuticals and petrochemical industries for analyzing numerous gases such as oxygen, nitrogen, hydrogen, and helium. These types of analyzers use a thermal conductivity detector (TDC) for measuring the concentration of fixed gases in the sample. The TDC method is a highly robust and effective method used by industries for measuring oxygen coupled with GC systems. This factor leads to the rise in the adoption of fixed gas analyzers in the pharmaceutical industry. The analyzer supports the pharmaceutical industry in separating oxygen from other gases without the need for a specific GC column.

Moreover, significant benefits offered by oxygenates GC analyzers, such as rapid and efficient methods for the analysis of fixed gases in various applications, are boosting the demand for oxygenates GC analyzers, and driving the India fixed gas analyzers market. Moreover, in terms of industry vertical, due to the rise in the use of fixed gas analyzers in the oil & gas industry, the oil & gas segment is expected to hold the largest fixed gas analyzers market share during the forecast period.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the India fixed gas analyzers market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the India fixed gas analyzers market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. India Fixed Gas Analyzers Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
4.4 Premium Insights
4.4.1 List of Tenders in India
4.4.2 Site wise Demand Analysis
5. India Fixed Gas Analyzers Market – Key Market Dynamics
5.1 India Fixed Gas Analyzers Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rise in FDI in Various Industries
5.2.2 Growth in Oil & Gas Sector
5.3 Market Restraints
5.3.1 High Initial, Operational, and Maintenance Cost
5.4 Market Opportunities
5.4.1 Stringent Government Regulation Regarding Gas Analysis
5.4.2 Rising Investment in Establishment of New Plants
5.5 Future Trends
5.5.1 Technological Advancements in Fixed Gas Analyser
5.6 Impact of Drivers and Restraints:
6. India Fixed Gas Analyzers Market Analysis
6.1 India Fixed Gas Analyzers Market Revenue (US$ Million), 2022–2030
6.2 India Fixed Gas Analyzers Market Forecast and Analysis
7. India Fixed Gas Analyzers Market Analysis – by Product Type
7.1 Oxygenates GC Analyzers
7.1.1 Overview
7.1.2 Oxygenates GC Analyzers: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Natural Gas Analyzers
7.2.1 Overview
7.2.2 Natural Gas Analyzers: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Refinery Gas Analyzers
7.3.1 Overview
7.3.2 Refinery Gas Analyzers: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Others
7.4.1 Overview
7.4.2 Others: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
8. India Fixed Gas Analyzers Market Analysis – by Industry Vertical
8.1 Oil and Gas
8.1.1 Overview
8.1.2 Oil and Gas: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Chemicals and Petrochemicals
8.2.1 Overview
8.2.2 Chemicals and Petrochemicals: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Energy
8.3.1 Overview
8.3.2 Energy: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Food and Beverage
8.4.1 Overview
8.4.2 Food and Beverage: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
9. India Gas Chromatography Detectors Market Analysis
9.1 India Gas Chromatography Detectors Market Revenue (US$ Million), 2022–2030
9.2 India Gas Chromatography Detectors Market Forecast and Analysis
10. India Fixed Gas Analyzers Market – Impact of COVID-19 Pandemic
10.1 Pre & Post COVID-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Thermo Fisher Scientific Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Agilent Technologies Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Revvity Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 M Automation
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Mukta Instruments
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 HNL Systems Pvt Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Teledyne Technologies Inc
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About Research Team
14.2 Word Index

LIST OF TABLES

Table 1. India Fixed Gas Analyzers Market Segmentation
Table 2. List of Vendors
Table 3. List of Tenders
Table 4. Demand Analysis
Table 5. India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million)
Table 6. India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million) – by Product Type
Table 7. India Fixed Gas Analyzers Market – Revenue and Forecast to 2030 (US$ Million) – by Industry Vertical
Table 8. India Gas Chromatography Detectors Market – Revenue and Forecast to 2030 (US$ Million)
Table 9. India Gas Chromatography Detectors Market – Revenue and Forecast to 2030 (US$ Million) – by Type
Table 10. Heat Map Analysis By Key Players
Table 11. List of Abbreviation

LIST OF FIGURES

Figure 1. India Fixed Gas Analyzers Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Fixed Gas Analyzers Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. India Fixed Gas Analyzers Market Revenue (US$ Million), 2022–2030
Figure 6. India Fixed Gas Analyzers Market Share (%) – by Product Type, 2022 and 2030
Figure 7. Oxygenates GC Analyzers: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 8. Natural Gas Analyzers: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 9. Refinery Gas Analyzers: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 11. India Fixed Gas Analyzers Market Share (%) – by Industry Vertical, 2022 and 2030
Figure 12. Oil and Gas: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 13. Chemicals and Petrochemicals: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 14. Energy: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 15. Food and Beverage: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: India Fixed Gas Analyzers Market– Revenue and Forecast to 2030 (US$ Million)
Figure 17. Company Positioning & Concentration

The List of Companies – India Fixed Gas Analyzers Market
o Thermo Fisher Scientific Inc
o Agilent Technologies Inc
o Revvity Inc
o M Automation
o Mukta Instruments
o HNL Systems Pvt Ltd
o Teledyne Technologies Inc

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