Global Zirconia Oxygen Analyzer Market is Projected to Reach US$ 420 Mn by 2023

November 21 18:00 2018

Zirconia Oxygen Analyzer Market
Global Zirconia Oxygen Analyzer Market Report Covered forecasts revenue growth at global, regional, and country levels and provides an analysis of industry trends in each of the sub-segments from 2018 to 2025

LOS ANGELES, United States, PUNE, India, BEIJING, China, LONDON, United Kingdom: QY Research has lately published a new report on “Global Zirconia Oxygen Analyzer Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 8-years, i.e. between 2017 and 2025.

According to this report in the year 2017, the global Zirconia Oxygen Analyzer market was valued at US$ 340 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 420 Mn growing at a value CAGR of 3.5% throughout the period of forecast.

Global Zirconia Oxygen Analyzer Market by Type

A Zirconia based oxygen analyzer used for boiler trim control or EPA requirements, available with automatic back purge and calibration.

There are two types Portable Zirconia Oxygen Analyzer and Fixed Zirconia Oxygen Analyzer.

Portable Zirconia Oxygen Analyzer: Portable Zirconia Oxygen Analyzer can be used to take several measurements in different locations in a short period of time.

Fixed Zirconia Oxygen Analyzer: Fixed Zirconia Oxygen Analyzer can be mounted on panel, wall, etc. This type of Zirconia Oxygen Analyzer commonly used to take several measurements in a particular place for a long period of time.

Global Zirconia Oxygen Analyzer Market: Market Driver and Restraint

Zirconia Oxygen Analyzer, mainly used in the following industries: Power Industry, Iron & Steel Industry, Petrochemical, Environment, etc.

Power Industry is a major application of Zirconia Oxygen Analyzer, Coal or gas power stations burn fuel in oxygen to produce heat which is converted to energy. Zirconia oxygen analyzer analyzers allow this process to be more accurately controlled, reducing fuel usage and emissions.

Gas analyzers can be used for monitoring atmosphere gases and flue gases in steel mills. Oxygen concentration is a major influence factor for Iron & Steel process.

Metallurgical processes rely on controlled atmospheres to have protective or reactive effects on the metals being treated. Monitoring oxygen levels increases efficiency in the combustion control of a furnace and indicates the oxidizing potential of a controlled atmosphere.

Petrochemical applications require oxygen analysis for safety and efficient operation. The processing of oil and gas carries with it potential hazards that can lead to catastrophic results without appropriate gas analysis. Vapor combustibility and possible presence of deadly gases may be critical factors requiring attention for the protection of individuals and assets.

Gas analysis is used in every major process at waste incineration plants, from the combustion zones, to waste gas cleaning, until final emissions to atmosphere. Zirconia Oxygen Analyzer is a major kind of Oxygen Analyzer used in waste incineration.

Currently, the manufacturing technology of Zirconia Oxygen Analyzer is getting mature, and the technology barrel is not that high.

The market of Zirconia Oxygen Analyzer in developing countries is promising; there is still large scale of demand.

New enterprise’s new project will introduce advanced equipment and technical team, which can increase his competitiveness. Downstream demand of Zirconia Oxygen Analyzer has been in a growth trend. This indicates the great demand space of Zirconia Oxygen Analyzer in the future.

Forward foreign-related enterprises shift to China, which is conducive to China’s technological exchanges and updates.

Global Zirconia Oxygen Analyzer Market: Forecast by Region

North America, Europe, China, Japan, Korea and Southeast Asia are the regions that are included in this report. Europe is the dominant market in the global Zirconia Oxygen Analyzer market in terms of value. China is the second largest market. China market is also expected to expand at a fast rate in terms of revenue over the forecast period due to the steadily increasing demand of Zirconia Oxygen Analyzer.

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Global Zirconia Oxygen Analyzer Market: Key Players

The main players are ABB, Yokogawa, AMETEK, Fuji Electric, General Electric, Energy Support Corporation, Teledyne Analytical Instruments, Toray Engineering, Meikang, Emerson, Servomex (Spectris plc), Systech Illinois, Horiba, Alpha Omega Instruments, Redkoh Industries,Daiichi Nekken, Buhler Technologies, IMR Environmental Equipment and Other

The Zirconia Oxygen Analyzer industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry.

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