Portable Gas Detection Equipment Market Expected to Reach US$ 1,737.3 Mn by 2023 - Global Industry Analysis and Forecast 2015-2023

ResearchMoz added Latest Research Report titled " Portable Gas Detection Equipment (End-use: Oil & Portable Gas, Mining, Industrial, Building Automation, and Others; Type: Wearable Gas Detectors, Non-wearable Gas Detectors; Non-wearable Gas Detectors: Sniffer and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 " to it's Large Report database.

A portable gas detector is a safety device that detects and monitors the concentration of gases in the air. A portable gas detector uses a control system, incorporating a sensor that detects the presence of toxic and/or combustible/flammable gases in its immediate vicinity. Thus, detectors are increasingly used for a wide range of applications (gas level monitoring, portable gas detection, etc.) in multiple end-use verticals, including industry, oil & gas, mining, and building automation, to provide adequate safety for working personnel. Portable gas detectors are battery-operated devices that are used to detect gas leaks and transmit warnings using audio and visual signals even when the recipient is on the move. The demand for portable gas detectors is rising for mining activities. In mining, which occurs in a confined space, portable gas detectors are increasingly preferred over their wearable counterparts, because they can be carried around for portable gas detection. In confined spaces, access is often infrequent and the danger may be greater from oxygen deficiency than from the presence of combustible gases, requiring continuous fixed monitoring.

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The portable gas detection equipment market is categorized based on end-use into oil & portable gas, mining, industrial, building automation, and others. In 2014, the industrial end-use segment dominated the portable gas detection equipment market, accounting for a major share of revenue. The demand for this equipment from the oil & portable gas and mining segments is also high, as the portability of a gas detector is prominent in these applications. Oil & portable gas is also anticipated to remain the fastest-growing segment over the forecast period from 2015 to 2023. Furthermore, the market for portable gas detection is also anticipated to witness growth in the building automation, waste water treatment, and educational end-use sectors.

By product type, the portable gas detection equipment market has been segmented into wearable and non-wearable gas detection equipment. The non-wearable gas detection segment is further classified into sniffers and others. The wearable gas detection segment is anticipated to witness faster growth. This equipment can be worn on the body, not only increasing operator comfort, but also ease of work. In the non-wearable segment, sniffers account for the majority market share owing to their popularity and consequent heavy usage across industrial and non-industrial applications.

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Table of Contents

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
1.3.1 Sources
1.3.2 Secondary Research
1.3.3 Primary Research

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Portable Gas Detection Equipment Market (2014 and 2023)
2.2 Global Portable Gas Detection Equipment Market, By End-use Industry, 2014 (US$ Mn)
2.3 Global Portable Gas Detection Equipment Market, By Product Type, 2014 (US$ Mn)
2.4 Global Portable Gas Detection Equipment Market, By Non-wearable, 2014 (US$ Mn)
2.5 Global Portable Gas Detection Equipment Market, By Geography, 2013 (US$ Mn)

Chapter 3 Global Portable Gas Detection Equipment Market Overview
3.1 Overview
3.2 Global Portable Gas Detection Equipment Market, 2013 – 2023, Revenue (US$ Mn) and Y-o-Y Growth (%)
3.3 Key Trends Analysis
3.3.1 Growing Use Of Wireless Portable Gas Detection Equipment
3.3.2 Growing Popularity of Natural Gas Detectors in Commercial and Residential Segment
3.4 Market Drivers
3.4.1 Increasing Concerns Towards Occupational Health And Safety Regulations
3.4.2 Increased Demand for Wireless Gas Detectors driving the demand for Portable Gas Detectors
3.5.1 Price Erosion to Challenge Market Revenue Growth
3.5.2 High Response Time to Changes in Gas Concentration

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