Press release
Portable Gas Detection Equipment Market: Stringent Regulations for Personnel Safety in Hazardous Work Environments Boosts Demand
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 TMR 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.
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Stringent Regulations for Personnel Safety in Hazardous Work Environments Boosts Demand
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.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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