APAC Market Statistics
By 2037, Asia Pacific region in gas chromatography data analysis software market is expected to reach USD 1.2 Billion, the highest as compared to revenue gathered in the year 2024 of USD 0.4 billion.
This growth of the market in this region is poised to be encouraged by the growing production of natural gas. For instance, according to EIA between the years 2000 to 2021 the production of natural gas has surged by 130% in the Asia Pacific region. Therefore, the deployment of gas chromatography is also slated to surge. This is because gas chromatography (GC) is a popular analytical technique to measure natural gas composition and calculate energy content. As a result, the growth of gas chromatography data analysis software market is set to expand in this region.
Furthermore, the China market for gas chromatography data analysis software is estimated to generate the highest market revenue of USD 0.3 billion by the end of 2037 compared to revenue gathered from other nations in this region. This growth is projected to be influenced by surging investment in biotechnology.
Moreover, the food & beverages industry has observed significant adoption of the GC method in India which is further encouraging the market expansion in this area.
Additionally, the Japanese market is also projected to expand over the forecast period on account of the growing emphasis on digitalization.
North America Market Analysis
The North America market for gas chromatography data analysis software is also projected to rise over the forecast timeframe. This growth could be on account of the growing deployment of AI. Over 49 percent of organizations with over five thousand employees, and close to 59% of businesses with more than 10,000 employees, used artificial intelligence. The implementation of AI is poised to rise in gas chromatography data analysis software.
The US gas chromatography data analysis software market is predicted to generate significant revenue over the forecast period. This growth is set to be influenced by rising investment in machine learning.
Additionally, the market in Canada is also poised to rise owing to the growing population which is further boosting demand for food & beverages hence driving the market expansion in this region.
Author Credits: Abhishek Verma
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