Press release
Global Gas Detectors Market to Witness a Pronounce Growth During 2024– Top Key players like MSA,Dräger,Oldham,Inc.
Market Research Report Store offers a latest published report on Gas Detectors Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.This report focuses on the key global Gas Detectors players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Gas Detectors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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A gas detector is a device that detects 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 and interface with a control system so a process can be automatically shut down. Gas detectors measure and indicate the concentration of certain gases in an air via different technologies.
In 2015, major demand is expected to account 32.61% from USA in the global gas leak detector market, driven by increasing demand for replacement and occupational safety regulations. Other major demand is expected from emerging markets of Europe and contributed total 28.38 percent. China is occupied 18.11% market in gas leak detector industry, and will increase stably.
As of 2015, the Industrial application segment of the gas leak detector is the largest segment of the global gas leak detector market. Increased activity in the oil and gas and petrochemical sectors, together with improved regulatory compliance, is boosting revenues in the otherwise mature and slow-growing global gas detection market. On the other hand, the market value accounted in the year 2015 by the building automation application segment is approximately 12.72% of the consumption volume.
There is an increase in awareness among the industry that even a long term exposure to low concentration of toxic gases can adversely affect workers health. Furthermore, increase in safety for medical and household sector can provide an opportunity for gas detector equipment market growth. A positive outlook on growth of high end manufacturing industries such as aerospace and automobiles and demand from emergency response systems are expected to further augment gas detector equipment market growth.
The Gas Detectors market was valued at 2598.3 Million US$ in 2018 and is projected to reach 3607.6 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Gas Detectors.
This report presents the worldwide Gas Detectors market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
Market Segment by Manufacturers, this report covers
MSA
Honeywell Analytics
Dräger
Industrial Scientific
New Cosmos Electric
Tyco International
Riken Keiki
Emerson
Oldham
UTC
3M
Hanwei
IGD
SENSIT Technologies
Shanghai AEGIS
Market Segment by Type, covers
Fixed Gas Detectors
Portable Gas Detectors
Market Segment by Applications, can be divided into
Oil and Gas
Mining
Manufacturing Industry
Building Automation
Other Applications
For More Information On This Report, Please Visit @
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Related Information:
North America Gas Detectors Market Growth 2019-2024
United States Gas Detectors Market Growth 2019-2024
Asia-Pacific Gas Detectors Market Growth 2019-2024
Europe Gas Detectors Market Growth 2019-2024
EMEA Gas Detectors Market Growth 2019-2024
Global Gas Detectors Market Growth 2019-2024
China Gas Detectors Market Growth 2019-2024
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