Global Gas Detection Equipment Market Outlook:
The latest report by IMARC Group, titled “Gas Detection Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the gas detection equipment market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global gas detection equipment market size is expected to exhibit a CAGR of 9.67% during 2022-2027. Gas detection equipment is used to indicate and measure the presence of gases, such as carbon monoxide (CO), carbon dioxide (CO2), ammonia (NH3) and combustible gases, in the air. It is equipped with a sensor that widely assists in detecting leakages and in preventing fire breakouts. As a result, it is commonly deployed across the residential, commercial, and industrial segments.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Gas Detection Equipment Market Trends:
The global market is primarily driven by the widespread occurrences of occupational hazards, along with the rising safety concerns across numerous industries. This is further supported by the increasing investments by public and private firms to install gas detection equipment for safety purposes in workspaces. Along with this, significant growth in the oil and gas industry is also providing an impetus to the market growth. Other factors, rapid industrialization and continual product innovations across the globe, such as the introduction of portable gas detection, are creating a positive outlook for the market.
Key Segmentation:
Competitive Landscape with Key Players:
- Airtest Technologies Inc
- Bacharach Inc
- Drägerwerk AG & Co. KGaA
- Hanwei Electronics Group Corporation
- Honeywell International Inc
- Industrial Scientific Corporation (Fortive)
- MSA Safety Incorporated
- Sensidyne LP
- Teledyne Technologies Incorporated
- Thermo Fisher Scientific Inc.
- Trolex Ltd.
Breakup by Technology:
- Wired
- Wireless
Breakup by Detection Type:
- Fixed
- Portable and Transportable
By End-Use Industry:
- Oil and Gas
- Chemicals and Petrochemicals
- Water and Wastewater
- Metal and Mining
- Utilities
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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