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Gas Detectors Market worth USD 3417.5 million by 2027

11-23-2021 09:36 AM CET | IT, New Media & Software

Press release from: Market Statsville Group

The Market Statsville Group (MSG) publishes the new report on the "Gas Detectors Market by Communication Type (Wired and Wireless), by Type of Detector Outlook (Fixed and Portable and Transportable), by End User (Oil and Gas, Chemicals and Petrochemicals, Water and Wastewater, Metal and Mining, Utilities and Others), by Region – Global Share and Forecast to 2027".

By 2027, the global gas detectors market size is expected to grow USD 3417.5 million from USD 2,722.8 million in 2021, registering a CAGR of 3.3% during the forecast period 2021-2027. The wireless gas detection is helping accelerate the sheer number of deployments of gas detectors in areas that were previously inaccessible, too difficult to reach, or costly for monitoring. Owing to this, the vendors in the market are increasingly focusing on developing and offering wireless solutions. For instance, in 2019, Emerson introduced two new Rosemount 628 Universal Gas Sensors to measure carbon monoxide and oxygen depletion, indicating the vendor's strategy toward new solutions for industrial applications. With the IIoT, the customer propensity toward IoT gas detectors is increasing, and vendors in the market are focusing on developing the product portfolio specific to the IoT solutions. For instance, Anglia is adding IoT ready detector range with the expansion of IoT-ready sensors with Figaro range of gas sensors. Such developments are anticipated to drive the market in upcoming years further.

Browse 211 market data Tables and 63 Figures spread through 234 Pages and in-depth TOC on "Gas Detectors Market Research Report 2021-2027."

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Global Gas Detectors Market Segmentation
The overall gas detectors market has been segmented into the communication, detector types, end user, and region.
• By Communication Type (Wired and Wireless)

• By Type of Detector (Fixed and Portable and Transportable)

• By End User (Oil and Gas, Chemicals and Petrochemicals, Water and Wastewater, Metal and Mining, Utilities and Other)

• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

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Fixed, by type of detector, is estimated to hold the largest market share during the forecast period
Based on the type of detector, the global gas detectors market is segmented into fixed and portable, and transportable. The fixed segment by type of detector has a market share of 57.4% in 2020, which is accounted for the largest market revenue share during the year. Fixed gas detectors are installed when there is a need for round-the-clock monitoring. They are designed to alert workers of the potential danger towards toxic gas exposure, asphyxiation due to the lack of oxygen, or explosion caused by the combustible gases. These gas detectors are used in an enclosed or partially enclosed space where hazardous gases could accumulate.

Fixed gas detectors must be included in the plant maintenance schedule as the performance and efficiency of these devices deteriorate with time. In a dusty, corrosive, or damp environment, the frequency of inspection, maintenance, and calibration increases. The coal-fired power plant is designed for combustion and electrical generation and operates continuously. Therefore, these detectors help in addressing most of the safety hazards. The open-path gas detection technology for fixed gas detection systems has been one of the major trends in the market. It is the technology for monitoring large area perimeters where point detection is very costly or impractical. In a gas leak, these detect the harmonic fingerprint produced by the targeted gas absorption of laser light.

Don't miss out on business opportunities in Gas Detectors Market. Speak to our research analyst and gain crucial market insights that will benefit your business grow.

Europe accounts for the largest market share in gas detectors market 2020
By region, the global gas detectors market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Europe is accounted for the largest market share in 2020 worldwide, having a market share of 30.6%. Europe is a prominent gas detector market, owing to the stringent guidelines enforced by regulatory bodies for ensuring the safety of the plants and workers. Gas detectors are being utilized in many countries, such as the United Kingdom, Germany, France, etc.

The European Union strategic framework (2014-2020) for workplace health and safety integrates a series of actions to prevent occupational hazards. There is an intense concern over the policies to reduce workplace accidents and increase working conditions. Emphasis is placed on the risk prevention and mitigation of the consequences of occupational threats so that each member country of the EU develops sustainably. Flue Gas Detectors, provided by TPI Europe Ltd, detect gas in furnaces and condensing boilers. They can be operated remotely via Bluetooth using any mobile device. Such offerings by vendors are expected to increase the competition in the market, thereby contributing to market growth.
Leading players in the market of gas detectors are Honeywell International Inc., Drägerwerk AG & Co KgaA, MSA Safety Inc., Emerson Electric Company, SENSIT Technologies, Industrial Scientific Corporation, New Cosmos Electric Co. Ltd, Trolex Ltd, Crowncon Detection Instruments Limited, Hanwei Electronics Group Corporation, International Gas Detectors, and Sensidyne LP.

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About Market Statsville Group
Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.
MSG has an entire repository of research reports on more than 1,000 niche industries, 3,000 high-growth potentials markets, 5,000 data sets, and more than 12,000 company profiles.

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