Press release
Gas Detection Equipment Market Overview: Industry Trends Analysis, Market Segments, Share and Key Trends Analysis through 2017-2026 | Key Player - Conspec Controls Inc., Sensidyne, LP, Global Detection Systems Corp., Analytical Technology Inc., Enmet LLC.
Global market for gas detection equipment is mainly driven by increasing number of environmental and safety regulations worldwide. In addition, technological advancements, growing demand for gas detection equipment that are handheld and portable, and surging need for wireless gas detectors will further fuel the market growth in the near future. This report, compiled by FactMR, provides in-depth analysis of the global Gas Detection Equipment Market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.The scope of the FactMR’s report is to analyze the global gas detection equipment market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers. Gas detection equipment manufacturers, suppliers, and stakeholders in the global industry can benefit from the analysis offered in this report. In-depth analysis regarding the energy saving properties, usage benefits, and long-term maintenance is detailed in this report. The comprehensive study offers insights on various market drivers, trends, and challenges shaping the future of the market, serving as a platform for future study, interest and understanding for the leading industries, trade magazines and journals related to the global gas detection equipment market.
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With the rise in emphasis on ensuring workers’ safety across various end-use industries worldwide has provided an impetus to adoption of several protective systems such as gas detection equipment. Several industrial standards, along with governmental norms and regulations implemented to ensure safety and health of laborers in manufacturing industries has necessitated requirement for gas detection equipment.
Manufacturers around the world are developing smart gas detection equipment by directing their focus toward implementation of innovative wireless technology, and robust integration of artificial intelligence (AI) and big data. Rapid adoption of smart gas detection equipment, which enable remote notifications, are likely to be a major factor contributing to expansion of the global gas detection equipment market in the near future. As smart gas detection equipment utilize wireless technology such as ZigBee, Wi-Max, Wi-Fi, and Bluetooth, end-users are enabled to track function of the product even from remote locations at all times. Additionally, companies producing gas detection equipment have introduced innovative concepts by focusing on the enhancement of the sensitivity & efficiency of sensors in detection of harmful gases.
North America to Dominate Global Gas Detection Equipment Market
Demand for gas detection equipment in North American industries is gaining huge traction on the back of illness caused by harmful gases such as sulfur dioxide (SO2) and carbon monoxide (CO). Governments in the region have implemented mandatory regulations regarding adoption of gas detection equipment so as to ensure health and safety of workers and employees in various manufacturing industries. North America will continue to dominate the global gas detection equipment market, in terms of value and volume.
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Robust investments in research and development activities, which have driven innovation, have considerably fuelled growth of the oil & gas and manufacturing industries. This has further created demand for protective equipment such as gas detection equipment in these industries for a wide range of applications. Oil & gas and manufacturing industries will prevail as the largest end-users of gas detection equipment, in terms of value.
Although fixed gas detection equipment on the basis of type will dominate the market in terms of value, sales of portable gas detection equipment are set to register a relatively higher CAGR through 2026.
Competition Tracking
Leading manufacturers in the global gas detection market are providing additional features including modified use of sensors and multi-gas detection. Local vendors are sustaining their position in the market with the provision of products integrated with basic features at relatively lower costs. In addition, manufacturers of gas detection equipment have are collaborating with insurance companies in order to attract a larger customer base. Key players significantly contributing and underpinning growth of the global gas detection equipment market include Conspec Controls Inc., Sensidyne, LP, Global Detection Systems Corp., Analytical Technology Inc., Gas Measurement Instruments Limited., Enmet LLC., ESP SAFETY INC., Gastech Australia Pty Ltd., Trolex Ltd., Thermo Fisher Scientific Inc., General Electric Company, United Technologies Corporation, Fortive Corporation, Dragerwerk AG & Co. KGaA, MSA Safety Incorporated, Halma plc., 3M Company, RKI Instruments, Inc., and Emerson Electric Co.
Table of Contents
Global Economic Outlook
Global Gas Detection Equipment Market - Executive Summary
Global Gas Detection Equipment Market Overview
3.1. Introduction
3.1.1. Global Gas Detection Equipment Market Taxonomy
3.1.2. Global Gas Detection Equipment Market Definition
3.2. Global Gas Detection Equipment Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Gas Detection Equipment Market Y-o-Y Growth
3.3. Global Gas Detection Equipment Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. List of Distributors
3.8. Investment Feasibility Matrix
3.9. Market Competition structure
3.10. Competition Structure Dashboard
3.11. Life Cycle Assessment
3.12. Global Gas Detection Equipment Market – Scenario Forecast, 2017–2026
3.13. PEST Analysis
Continued……………………………….
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