Press release
Leading Growth Driver in the Wireless Gas Detection Market in 2025: Chemical Industry Fuels Surge In Wireless Gas Detection Market Driver's Influence
Wireless Gas Detection
The growth of the wireless gas detection market is anticipated to be propelled by the escalating demand from the chemical industry for wireless gas detectors. These detectors, which are designed to consistently monitor airborne toxic and combustible gases, play a crucial role in maintaining safety protocols in the chemical industry by providing early alerts of toxic gas presence. For example, the Chemical Industry Situation and Outlook, a report by the American Chemistry Council (ACC) in June 2022 hinted at the United States experiencing a significant increase in chemical output in more than a decade in 2022, driven by growth in all chemistries. Subsequent to a 1.6% growth in 2021, the ACC projects a 2.4% surge in output for 2023. Specialty chemical production experienced a 6.2% rise in 2022 due to robust demand and restocking. Capital expenditure in 2022 climbed by 12.3% to $34.5 billion and is projected to rise by 5.5% to $36.4 billion in 2023. Consequently, the amplified demand for wireless gas detectors in the chemical industry is fuelling the expansion of the wireless gas detection market.
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What Is the projected market size and growth rate for the wireless gas detection market?
The market for wireless gas detection has seen a robust expansion over the past few years. It is projected to increase from a value of $2.29 billion in 2024 to $2.46 billion in 2025, marking a compound annual growth rate (CAGR) of 7.7%. The significant growth during the historical period can be traced back to factors such as industrial safety rules, concerns about workplace safety, the advancement of the oil and gas industry, adherence to standards in the chemical industry, and the safety of the mining sector.
In the coming years, the wireless gas detection market is projected to experience considerable growth. Its worth is predicted to increase to $3.33 billion by 2029, at a compound annual growth rate (CAGR) of 7.9%. The expansion expected in the forecast period is mainly attributed to increasing industrial automation, growing acceptance in emerging markets, demand from health care facilities, the renewable energy sector, and integration with IoT platforms. Key trends anticipated in the forecast period encompass wireless mesh networks for enhanced scalability, mobile applications for remote monitoring, improved human-machine interface (HMI), collaborations with cloud service providers, and emphasis on intrinsically safe design.
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What new trends are reshaping the wireless gas detection market and its opportunities?
In the wireless gas detection market, one key trend gaining momentum is product innovation. The objective of major firms in this market is to create unique and innovative products to solidify their market presence. In September 2022, for example, Blackline Safety Corp, a Canadian firm specializing in wireless safety monitoring systems for employees, introduced a novel single-gas detection product. This product leverages the latest cellular IoT connectivity to deliver numerous benefits including extended battery life, reduced ownership cost and fewer false alerts. Importantly, it provides safety professionals with access to trustworthy information necessary for managing their safety protocols, practices and ongoing compliance in a more effective and efficient manner.
What major market segments define the scope and growth of the wireless gas detection market?
The wireless gas detection market covered in this report is segmented -
1) By Type: Hardware, Software, Services
2) By Technology: Wi-Fi, Bluetooth, Cellular, License-Free ISM Band, Other Technologies
3) By End User: Oil And Gas, Chemical And Petrochemicals, Mining And Metals, Discrete Manufacturing Industry, Commercial Buildings And Public Facilities, Other End Users
Subsegments:
1) By Hardware: Gas Sensors, Transmitters, Controllers, Alarms
2) By Software: Monitoring Software, Data Analysis Software, Integration Software
3) By Services: Installation Services, Maintenance And Support Services, Training Services
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What regions are leading the charge in the wireless gas detection market?
North America was the largest region in the wireless gas detection market in 2024. The regions covered in the wireless gas detection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the wireless gas detection industry growth?
Major companies operating in the wireless gas detection market include Siemens AG, Honeywell International Inc., 3M Company, AMETEK Inc., Sensit Technologies, AirTest Technologies Inc., MSA Safety Incorporated, Sensirion AG, Industrial Scientific Corporation, Beijing SDL Technology Co Ltd., Crowcon Detection Instruments Ltd., Comstack Ltd., RKI Instruments Inc., United Electric Control Co, California Analytical Instruments Inc., Aeris Environmental Ltd., Drägerwerk AG & Co KGaA, Yokogawa India Ltd., Detector Electronics Corporation, RAE Systems Inc., Pem-Tech Inc., Tek Troniks Ltd., Ambetronics Engineers Pvt Ltd., Global Detection Systems Corp, Otis Instruments Inc., Teledyne Gas and Flame Detection, New Cosmos Electric Co Ltd., Trolex, International Gas Detectors
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What Is Covered In The Wireless Gas Detection Global Market Report?
•Market Size Forecast: Examine the wireless gas detection market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the wireless gas detection market for a structured understanding.
•Key Players Overview: Analyze major players in the wireless gas detection market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the wireless gas detection market.
•Segment Contributions: Evaluate how different segments drive overall growth in the wireless gas detection market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the wireless gas detection market.
•Industry Challenges: Identify potential risks and obstacles affecting the wireless gas detection market.
•Competitive Landscape: Review strategic developments in the wireless gas detection market, including expansions, agreements, and new product launches.
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