Market Size (2017)
2017
$447.50M
Automotive
Gas Calorimeter Market
By Segment, By Region, And Segment Forecasts, 2017 – 2025
Vertical: AutoBase Year: 20189 Sections
Executive Summary
Gas Calorimeter Market — Snapshot
Projected (2025)
2025
$633.20M
CAGR (2017–2025)
4.4%
4.4%Key Players
108+
The global gas calorimeter market is expected to grow at approximately 5.14% CAGR during the forecast and reach USD 450.8 million by 2025. In 2018, the market was led by Asia-Pacific with a 35.45% share, followed by North America and Europe with shares of 28.98% and 23.11%, respectively.
The global gas calorimeter market has been segmented based application and region. On the basis of application, the natural gas pipeline industry segment dominated the global market with a share of 29.77%, having accounted for USD 95.2 million in 2018 and is projected to grow at the CAGR of 3.96%. By region, the global market is segmented as North America, Asia-Pacific, Europe, and the rest of the world. The market in Asia-Pacific was valued at USD 113.3 million in the year 2018, registering a growth rate of 4.40% CAGR. The market in North America was valued at USD 92.6 million in the year 2018, registering a growth rate of 5.43% CAGR.
Key Insight
The Gas Calorimeter Market market is projected to grow at a CAGR of 4.4% from 2017 to 2025.
Market Performance Trend
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansMarket Scope & Coverage
What this report covers
- Geographic Coverage: This analysis covers 4 regions: North America, Asia Pacific, Europe, Rest of the World.
- Market Segmentation: The market is analyzed across key segments with forecasts from 2017 to 2025.
- Competitive Landscape: 108 leading companies are profiled, covering market positioning, strategies, and recent developments.
Market Size (USD Mn)
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View Subscription PlansMarket Overview
Gas Calorimeter Market — Growth Trajectory
General perception/impression from gas calorimeters name runs very wide and vague. Thus, for the avoidance of miss or excessive coverage, the clear definition and boundary for business interest as well as intended research covers –
· Instrument to measure calorific value (combustion heat), one of attributes of fuel gas
· Instrument to be utilized for the purpose of
o Determining transaction price
o Inspecting requirement conformity
o Control of combustion reaction, prior to actual consumption/introduction of the natural gas and LNG
Market Size Trend (USD Mn)
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View Subscription PlansMarket Dimensions
How this market is segmented
- Application Application is broken down into: Natural Gas Pipeline Industry, Town Gas Industry, Thermal Power Houses, Petroleum Industry, Steel Plants, Gas Engine Industry, Research Labs/Institutes, Others.
Geographic Analysis
Regional market breakdown
- North America North America market size reached $134.70M in 2017 and is projected to reach $195.30M by 2025, growing at a CAGR of 4.8%.
- Asia Pacific Asia Pacific market size reached $168.50M in 2017 and is projected to reach $225.70M by 2025, growing at a CAGR of 3.7%.
- Europe Europe market size reached $94.20M in 2017 and is projected to reach $143.60M by 2025, growing at a CAGR of 5.4%.
- Rest of the World Rest of the World market size reached $50.10M in 2017 and is projected to reach $68.60M by 2025, growing at a CAGR of 4.0%.
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View Subscription PlansResearch Methodology
Gas Calorimeter Market — How We Researched This Market
This report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2018
Historical Period
2017 – 2018
Forecast Period
2018 – 2025
Primary Interviews
150+
Research Process
Historical data (2017–2018) and forecast period (2018–2025)
1
Problem Definition
- Market scoping
- Objective setting
- Framework design
2
Secondary Research
- Literature review
- Data mining
- Trend analysis
3
Primary Research
- Expert interviews
- Field visits
- Surveys
4
Data Analysis
- Quantitative modeling
- Statistical testing
- Validation
5
Insights & Reporting
- Synthesis
- Recommendations
- Visualization
Research Depth
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Historical vs. Forecast Data
Historical (observed)
Forecast (modelled)
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View Subscription PlansCompetitive Landscape & Porter's Five Forces
Gas Calorimeter Market — Competitive Analysis
Michael Porter’s Five Forces model is a framework to study the global gas calorimeter market. Strategic business managers, trying to gain an edge over competing firms in the global gas calorimeter market, can utilize this model to better comprehend the industry, in which the company operates. The components of each of the forces and the degree of impact of each force in the context of the global gas calorimeter market have been broken down and analyzed.
Threat of New Entrants
The global gas calorimeter market is moderately capital intensive as setting up production facilities form a majority of the costs. The level of technical expertise involved in designing, developing, and manufacturing high-quality gas calorimeter is high. The existing market players invest heavily in research and development to offer innovative products and meet industry standards. They even form partnerships with small players to strengthen their product portfolios and manufacturing units. Furthermore, there are stringent government regulations for gas calorimeter manufacturing and obtaining licenses, especially in regions such as Europe and North America. Such factors are expected to reduce the threat of new entrants in the market. Thus, the threat of new entrants in the global gas calorimeter market is expected to be low.
Bargaining Power of Suppliers
The gas calorimeter manufacturers procure raw materials and components from suppliers. The raw materials and components include aluminum alloy, stainless steel, glass, rubber, silicon, and gas meter, pressure regulator, pressure valve, calibration gas cylinder, pressure switch, flow meter, temperature meter, solenoid valve, filter, wire, sensor, adaptor, and LCD display. There are various suppliers, which reduces their bargaining power.
Most gas calorimeter manufacturers procure raw materials and components in bulk, which further reduces the bargaining power of suppliers. However, the gas calorimeter manufacturing companies cannot easily switch suppliers due to the long-term contracts between them and the suppliers to ensure the timely supply of the materials and parts in the required quantity and quality, which increases the switching cost and the bargaining power of suppliers. Thus, the bargaining power of suppliers in the gas calorimeter market is expected to be moderate.
Bargaining Power of Buyers
The buyers in the market include the participants of the natural gas pipeline, town gas, gas engine, petroleum, thermal power, and steel industries. The concentration of buyers is high, which reduces their bargaining power. They rely on the successful and established companies that manufacture gas calorimeters. Furthermore, brand recognition has a high impact on the market. Switching between providers may involve moderate costs due to the risks of unavailability of the required quality and quantity from the new provider. Thus, the bargaining power of buyers within the global gas calorimeter market is expected to be low.
Threat of Substitutes
Gas calorimeters have no substitutes that can match their technical specifications and features. Thus, the threat of substitutes in the global gas calorimeter market is expected to be low.
Rivalry
The adoption of gas calorimeters in applications, such as gas, petroleum, thermal power, and steel plants, is high. There is high competition among the existing players in the global market as the manufacturers are constantly increasing their global presence by establishing long-term partnership agreements with the small component and solutions providers, across the globe. This also helps the established market players cater to the needs of the end users, more efficiently.
The global market is dominated by the players such as Yokogawa Electric Corp., Azbil Corp., RIKEN KEIKI Co. Ltd, ABB, and UNION Instruments GmbH. Such companies compete in terms of price, design, quality, technology, operator safety and convenience, and other parameters to increase their respective market shares. The presence of a wide number of companies in the global market is expected to encourage them to grow and strengthen their global presence. Therefore, the intensity of rivalry in the global gas calorimeter market is expected to be high.
Quantitative Analysis
Regional Breakdown
Regional market breakdown for Gas Calorimeter Market.
Regional Market Size (USD Mn)
Market estimates by geography (2025)
USD Mn
InsightAsia Pacific leads with $225.70M by 2025, while Europe is projected to grow fastest at a 5.4% CAGR.
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View Subscription PlansRegional Market Data
| REGION | 2017 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| North America | $134.70M | $159.90M | $195.30M | 4.8% | 31% |
| Asia Pacific | $168.50M | $192.30M | $225.70M | 3.7% | 36% |
| Europe | $94.20M | $114.70M | $143.60M | 5.4% | 23% |
| Rest of the World | $50.10M | $57.80M | $68.60M | 4.0% | 11% |
| Total | $447.50M | $524.70M | $633.20M | 4.4% | 100% |
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Analytics
Gas Calorimeter Market — Key Findings
Analytical insights on Gas Calorimeter Market covering market dynamics, competitive landscape, and strategic outlook.
Key Analytical Findings
The Gas Calorimeter Market market is projected to reach $633.20M by 2025, growing at 4.4% CAGR.
Market Dynamics
The growth of the global gas calorimeter market is driven by growth of the oil & gas industry and versatility of gas calorimeters. However, the growth of the market can be hindered due to the high unit cost of gas calorimeter.
Market Drivers
The global population is estimated to increase from 7.3 billion in 2015 to 9.2 billion in 2040, approximately 1.8 billion people of which are expected to reside in developing countries. This growth in the population is expected to drive the demand for power generation all over the world. The below graph depicts the projected growth of the energy generation from oil, i.e. 16.42% and from gas, i.e. 57.43% between 2015 and 2040.
Furthermore, the demand for oil and gas for various other purposes such as transportation, home appliances, industrial machines is expected to rise rapidly during the forecast period. Such scenarios encourage government and private sector investments in industries, especially from the emerging economies. For instance, according to the Ministry of Petroleum and Natural Gas, Government of India, the foreign investors are expected to invest in projects worth USD 300 billion in India, as the country looks to reduce dependence on oil imports by 10% by 2022.
Gas calorimeters are widely used in the oil & gas industrial applications to measure and control the calorific value or Wobbe Index (WI) of the sample gas, determine the calorific value or emission factor of the fuels, physical changes, and temperature and others. They are helpful in obtaining and reading the data related to the above-mentioned factors. The growth of the of the oil & gas industry is expected to increase the demand for gas calorimeters during the forecast period.
The growth of oil & gas industry and the penetration of the gas calorimeter in oil & gas industry is moderate. However, the growth is expected to increase with the rise in demand for gas calorimeters in the oil & gas industry during the forecast period. Thus, the impact of the growth of the oil & gas industry on the global gas calorimeter market is expected to shift from moderate to high over the forecast period.
Market Opportunities
The manufacturers of gas calorimeters are continuously working on improving precision, response time, process accuracy and stability, and reducing the system weight. Furthermore, gas calorimeter manufacturing companies are focusing on the design and development of gas calorimeters with improved performance and measurement.
For instance,
· In 2017, Ellutia Chromatography Solutions launched the 500 series gas chromatograph that offers reduced cycle time as the sample throughput and the ability to switch between conventional and ultra-fast depend on the applications.
· In 2017, Shimadzu Corporation launched next industry standard gas chromatograph – Nexis GC-2030. It offers superior usability and expandability across applications, such as oil & gas, petroleum, and research, along with the new user interface featuring a full-color LCD touch panel that provides intuitive and easy-to-understand operability.
· Such factors enhance the ease of use of gas calorimeters in thermal power plants, engines, and oil pipelines and refineries.
Thus, the advancements and upgrade of gas calorimeters is expected to create opportunities for the global gas calorimeters market players during the forecast period.
Market Restraints
The costs associated with the raw material procurement and manufacturing of gas calorimeter increase with a rise in the capacity of the calorimeter used. The gas calorimeter is manufactured using multiple raw materials such as aluminum alloy, stainless steel, glass, rubber, and silicon. The components used for manufacturing gas calorimeters include gas meters, pressure regulators, pressure valves, calibration gas cylinders, pressure switches, flow meters, temperature meters, solenoid valves, filters, wires, sensors, adaptors, and LCD displays. The prices associated with the raw material and components are continuously increasing, leading to a rise in the cost of the gas calorimeter assembly. Thus, the demand for gas calorimeters is witnessing reduction, especially from the small and medium scale companies.
The high costs associated with gas calorimeters affect their use. However, the development of cost-effective parts with increased lifespan of gas calorimeter and components, is expected to reduce the costs of gas calorimeters. Additionally, the rising purchasing power is expected to decrease the impact of the high costs on the market. Therefore, the impact of the high unit cost of gas calorimeter on the global gas calorimeter market is expected to shift from moderate to low over the forecast period.
Strategic Outlook and Future Directions
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Companies
Key companies profiled in Gas Calorimeter Market
Profiles of 108 companies operating in the Gas Calorimeter Market market, including revenue, employee count, and market positioning where available.
Showing 108 of 108 companies
HOVERLABS
HOVERLABS
Automotive
Company Headquarters: India Founded: 1963 Workforce: N/A Company Working: HOVERLABS is a manufacturer and exporter of scientific and laboratory equipment. It regularly exports its products to over 110 countries worldwide. The company operates through its facility located in Ambala Cantt, which is equipped with latest CNC workstations, die making machines, and ERP quality control systems, which helps it attain excellent product quality at a very competitive price. Its product portfolio includes educational equipment, analytical lab equipment, engineering lab equipment, medical equipment, testing equipment, electronic trainers & kits, industrial equipment, labware, optics, diagnostic tests, heavy machinery, and tuning forks. The company offers the exhaust gas calorimeters under its testing equipment product segment.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded1962
India
Hobré Inst
Hobré Instruments B.V.
Automotive
Company Headquarters: Netherlands Founded: 1978 Workforce: N/A Company Working: Hobré Instruments B.V. (Hobré Instruments) is engaged in designing, developing, manufacturing, marketing, and maintaining online analyzers and sampling solutions for applications in oil, gas, petrochemical, steel, power generation, metal recycling & refining, renewables, and dairy. Its online analyzers are widely used to measure the Wobbe Index, Heating Value (BTU), CARI, H2S & CO2 in gas, multiple elements in liquids, and process safety and efficiency in (spray) drying by H2O and CO2 measurement. The company offers Wobbe Index and calorimeters that are used to measure the Wobbe index and calorific value of natural gas, fuel gas, biogas, and COG/BFG. These products offer several advantages including rugged and compact design, residual oxygen content principle, quick response, insensitive to ambient temperature fluctuations, high accuracy and low noise, effective measuring range 0–100% FS, output in MJ/Nm3, MJ/Sm3 and BTU/SCF, ethernet link allows remote operation, optional specific gravity output, and optional automatic calibration.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded1977
Netherlands
COSA XENTA
COSA XENTAUR
Automotive
Company Headquarters: US Founded: 1969 Workforce: N/A Company Working: COSA XENTAUR is a manufacturer of advanced instrumentation for applications in the petrochemical, energy, environmental, pharmaceutical, semiconductor, and plastic industries. It offers products for the measurement of dew point, emissions analysis, gas chromatography, ion speciation, micro coulometry, moisture, nuclear magnetic resonance, relative humidity, stack oxygen, and Wobbe-index calorimeter/BTU under five brands, namely, COSA, Hygrocontrol, Mitsubishi, Xentaur, and Yamatake. Its Wobbe Index calorimeter/BTU is insensitive to changes in ambient temperature, offers quick responses, and measures gases with BTU values down to zero. Its calorimeters offer high accuracy, fast response, large measurement range, measures low BTU gases, low maintenance, flameless/no flameouts, and measures Wobbe and CARI.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded1968
US
UNION Inst
UNION Instruments GmbH
Automotive
Company Headquarters: Germany Founded: 1919 Workforce: N/A Company Working: UNION Instruments GmbH (UNION Instruments) is a company that is engaged in manufacturing devices and systems for gas measurement. Its product portfolio includes calorimeter CWD (Calorimetry, Wobbe-index, and Specific Density), multi-gas analyzers INCA, pressure and temperature measuring ESS, PMS (Pressure Measuring System) leak test system, DPK pressure test Kits, taping tester UIP (Union Isolations Prüfer), and EMS (energy metering systems). Under the calorimeter CWD segment, the company offers calorimeters to determine the calorific characteristics of combustion gases such as heating and calorific value, Wobbe index, air requirement in sewage plants or the glass and ceramic industry. The company’s multi-gas analyzers INCA are used for the continuous determination of components in natural and biogases. UNION Instruments caters to several industries, including steel & iron, glass & ceramics, biogas, oil & gas, chemistry, energy, gas & water supply, and waste management. It is focused on engineering instruments that can be specially customized to suit specific user demands. The modular design of its products enables extension or modification at any time.
RevenueN/A
EmployeesN/A
Market CapN/A
Founded1918
Germany
Azbil Corp
Azbil Corporation
Automotive
Company Headquarters: Japan Founded: 1906 Workforce: ~5,150 Company Working: Azbil Corporation (Azbil) designs, develops, manufactures, and sells measurement and control equipment worldwide. It operates through three business segments, namely, building automation business, advanced automation business, and life automation business. The company offers gas calorimeters under its advanced automation business segment. Its product portfolio also includes process sensors such as vortex flowmeter and differential pressure transmitter, control valves, monitoring & control systems, controllers such as network instrumentation module and process controller, and sensors and switches such as laser sensors, photoelectric switches, limit switches, and earthquake sensors. The company offers gas calorimeters for measuring and analyzing natural gas and heat quantity to analyze components and evaluate combustion efficiency of engines, furnaces, and gas turbines. Azbil has a wide global presence. It has a research and development base in the US and operates through collaborations with local and international research institutes and universities. In FY2019, it invested nearly USD 107 million in research and development, which is almost 4.5% of its total revenue.
Revenue$2.3B
Employees5,150
Market CapN/A
Founded1905
Japan
Yokogawa E
Yokogawa Electric Corporation
Automotive
Company Headquarters: Japan Founded: 1915 Workforce: ~17,850 Company Working: Yokogawa Electric Corporation (Yokogawa Electric) is a company that is engaged in manufacturing distributed process control systems for industrial plants. It operates through three business segments, namely, industrial automation and control business, test and measurement business, and aviation and other business. Under the industrial automation and control business segment, the company offers a wide range of field instruments, programmable controllers, control systems, productivity-enhancing software, and aftermarket services. In the field instruments product category, it offers flow meters, process analyzers, and differential pressure transmitters. The company offers gas calorimeters under the product sub-category of process analyzers through its industrial automation and control business segment. Its products have applications in oil & gas, oil & gas downstream, LNG supply chain, chemical, power, water & wastewater, mining & metal, pharmaceutical, food & beverage, pulp & paper, and iron & steel industries. Yokogawa Electric has a wide global presence and direct operations in more than 60 countries around the globe. It primarily operates through its vast network that comprises dealers, exporters, distributors, and 113 subsidiaries. The company invested almost USD 236.5 million in research and development in the fiscal year 2019.
Revenue$0.0B
Employees17,850
Market CapN/A
Founded1914
Japan
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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Gas Calorimeter Market
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