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.
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
-
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.
-
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%.
-
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%.
Related Reports
Water Meters, Water Quality Sensors and Water Leak Detection: Global Markets
The global market for water meters is estimated to increase from $15.0 billion in 2023 to reach $19.3 billion by 2029, at a compound annual growth rate (CAGR) of 4.5% from 2024 through 2029.
Biorefinery Products and Applications: Global Markets
The global market for biorefinery products and applications was valued at $715.7 billion in 2023. The market is expected to grow from $775.2 billion in 2024 to nearly $1.2 trillion by 2029, at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2029.
Sensors: Technologies and Global Markets
The global market for sensors is estimated to increase from $179.7 billion in 2023 to reach $300.5 billion by 2029, at a compound annual growth rate (CAGR) of 8.9% from 2024 through 2029.
Microelectromechanical Systems (MEMS) Technology: Current and Future Markets
The global microelectromechanical systems (MEMS) technology market should reach $41.5 billion by 2028 from $28.5 billion in 2023 at a compound annual growth rate (CAGR) of 7.8% for the forecast period of 2023 to 2028.
Recent Reports
Protective Relays and Circuit Breakers: Global Markets
The global market for protective relays and circuit breakers was valued at $16.9 billion in 2023. This market is expected to grow from $17.2 billion in 2024 to $26.8 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% from 2024 through 2029.
Brain-Computer Interface: Global Markets
The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.
Educational Equipment and Software: Global Markets
The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.
Global Commercial Drones Market
The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.
Drone Technology and Global Markets
The global drone technology market was valued at $30.4 billion in 2023. The market is projected to grow from $33.9 billion in 2024 to $61.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.6% from 2024 through 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More