Global Portable Gas Detection Equipment Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024

In order to study the various trends and patterns prevailing in the overall market for Portable Gas Detection Equipment, Market Research Reports Search Engine (MRRSE) has included a new report titled “Portable Gas Detection Equipment Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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With immense thrust on research and development to introduce newer products to serve changing consumer demand, solid competition prevails in the global portable gas detection equipment market, states MRRSE in a new report. Savvy players are vying for partnerships and mergers and acquisitions to expand their outreach and to augment their technical expertise.

Prominent vendors in the portable gas detection equipment market to name are Thermo Fisher Scientific Inc., RAE Systems Inc., Trolex Ltd., Mine Safety Appliances, Industrial Scientific Corporation, Detcon Inc., Honeywell analytics, Crowcon Detection Instruments Ltd., and Drägerwerk AG & Co. KGaA.

As per the MRRSE report, the global portable gas detection equipment market is predicted to expand at a CAGR of 4.8% between 2017 and 2023. Proliferating at this pace, the market’s valuation of US$1,306.6 mn in 2017 will become worth US$1,737.3 mn. Wearable gas detection equipment based on type is predicted to display swift uptake in the upcoming years. This is mainly because they can be worn by humans while at work. Region-wise, North America, Europe, and Japan hold prominence in the portable gas detection equipment market due to an established industrial sector.

One of the key driving factors of the portable gas detection equipment market is rising preference for wireless detectors. Wireless gas detectors are useful to detect gas breaks and explosives from a safe distance. Wireless gas detectors are useful to measure gas concentrations in hard to reach environment, capable of detecting poisonous gases and most importantly can be easy installed at relatively low prices. They can detect a host of gases such as oxygen, carbon dioxide, and sulphur dioxide. These factors make wireless gas detectors suitable for remote sensing of flammable and toxic gases in hazardous environments.

Furthermore, rising popularity of natural gas detectors in commercial and residential settings is stoking demand for portable gas detection equipment. With rising prices of petroleum natural gas is increasingly being used as an automobile fuel. The rising number of natural gas filling stations is stoking demand for gas detectors to prevent gas leakage that can lead to serious accidents. This is because natural gas is non-toxic but highly combustible. In particular, emerging economies in Asia Pacific are displaying significant demand for gas detectors due to the increasing popularity of natural gas to curb environmental pollution. In Middle East and Africa, a flourishing mining and oil exploration industry is stoking demand for wireless gas detectors for workforce safety.

Increasing regulations for occupational safety has led to a surging demand for gas detector equipment across a host of industry verticals such as industrial and manufacturing, mining, and oil and gas. In developed countries of North America and Europe, regulations are in place that monitor worker’s safety especially in hazardous work environments. For example, Occupational Safety and Health Administration monitors safe and healthy work conditions across industries under the Health and Safety at Work Act in the U.S.

Last but not the least, increasing discharge of industrial gases such as carbon dioxide, ammonia, and chlorine dioxide that are hazardous to health is necessitating the deployment of gas detectors.

The report is prepared as a result of an extensive primary and secondary research phase. The primary research phase comprise majority of research efforts along with an extensive secondary research. Analysts reviewed key players’ annual reports, press releases, product literature, and relevant documents for competitive analysis and market know-how. Secondary research also comprised review of industry trade journals, technical writing, internet sources, and statistical data from government websites and university research papers. Secondary sources for the study includes but is not limited to company website sources such as annual reports and SEC filings, stock analyst websites such as seeking alpha and Wikiinvest, and government organizations and public portals.

Primary research comprised e-mail communication, telephonic interviews along with face-to-face interviews to comprehend growth behavior of key segments across geographies. Primary interviews with industry experts is conducted on a regular basis to validate the authenticity of data collected and scrutinized. A typical research interview helps to provide first-hand information on market size, competitive landscape, growth trends, market trends, future outlook, etc. It helps to validate and corroborate secondary research findings, and helps to further enhance analytical and logical understanding of the analysis team.

Complete Report with Tables and Figures now available at @ https://www.mrrse.com/portable-gas-detection-equipment-market

Industry experts reached out in the making of the report includes but were not limited to CEOs, marketing/product managers, VPs, market intelligence managers, and national sales managers. Purchase managers, distributors and resellers, technical personnel, and key opinion leaders specializing in different areas were also reached out to obtain valuable insights on growth trends in the portable gas detection equipment market.

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