Press release
Global Gas Alarm Market to to reach 8860 Million US$ by 2025 - QY Research, Inc.
In terms of production side, this report researches the Gas Alarm capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Gas Alarm by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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This report studies the gas alarm (gas detector) market. Gas Alarm is devices that detect the presence of gases in an area, often as part of a safety system. This type of equipment is used to detect a gas leak or other emissions and can interface with a control system so a process can be automatically shut down. A gas alarm can sound an alarm to operators in the area where the leak is occurring, giving them the opportunity to leave. This type of device is important because there are many gases that can be harmful to organic life, such as humans or animals.
Gas detectors can be used to detect combustible, flammable and toxic gases, and oxygen depletion. This type of device is used widely in industry and can be found in locations, such as on oil rigs, to monitor manufacture processes and emerging technologies such as photovoltaic. They may be used in firefighting.
First, as for the gas alarm industry, the industry structure is relatively concentrated. The top three manufacturers have 34.48% sales revenue market share in 2016. Tyco International, which has 12.15% market share in 2016, is the leader in the gas alarm industry. The manufacturers following Tyco International are MSA and Industrial Scientific, which respectively has 11.98% and 10.35% market share. The Riken Keiki is the leader of Japan gas alarm industry.
It sells a total of 197 million dollar gas alarm products in the year of 2016. Second, the consumption of gas alarm products rises up from 4515 K Pcs in 2012 to 5550 K Pcs in 2016, with an average annual growth rate of 5.30%. At the same time, the revenue of gas alarm sales market has a leap from 2710 Million USD to 2949 Million USD.
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Third, given the distribution of mineral resources and the moving of industrial barycenter, Southeast/ South Asia, South America and Africa are brought into focus by large manufacturers and become the emerging consumption market.
The Gas Alarm market was valued at 5690 Million US$ in 2017 and is projected to reach 8860 Million US$ by 2025, at a CAGR of 5.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Gas Alarm.
This report includes the following manufacturers; we can also add the other companies as you want.
MSA
Tyco International
Industrial Scientific
Honeywell Analytics
Riken Keiki Co. Ltd.
New Cosmos Electric
RAE Systems
Emerson
Crowcon
TROLEX
Victory Gas Alarm Company
Market Segment by Product Type
Stationary Gas Alarms
Portable Gas Alarms
Market Segment by Application
Industrial
Commercial
Residential
Others
Key Regions split in this report:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
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About Us:
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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QY Research, INC.
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City of industry, CA – 91748
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