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Gas Detectors Market: Demand for Gas Leak Detectors Increases Due To Increasing Number of Gas Field Explorations

07-27-2017 10:21 AM CET | Industry, Real Estate & Construction

Press release from: MarketIntelReports

Gas Detectors Market: Demand for Gas Leak Detectors Increases

The Gas Detectors Market produces gas detectors which are devices that sense and detect the existence of gases in a particular area. They are used as part of safety systems installed in factories, homes, and commercial complexes. The fixed gas detector detects the gas which is leaked and gives a signal to take an immediate action.

The gas alarm systems have a sound alarm for vacating the area in case of a toxic gas leakage. The Gas Detectors Market is expanding due to the influx of new chemical facilities across the world. The gas storage facility network across the globe has deployed gas leak detectors for safety systems.

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Scope & Regional Forecast of the Gas Detectors Market
The Gas Detectors Market is found in applications such as gas turbines, building and construction, healthcare, food and beverages. Refineries and chemical plants are the dominant segments in the market. Gas alarm systems mostly used in underground gas storage.

The main factor which augments the Gas Detectors Market is the oil and gas industry. Increasing number of gas field explorations and expanding gas supply network has been driving the demand for the industrial gas detector. Asia Pacific has been the leading region in the industrial sector, mining sector, and healthcare sector. This will create opportunities for the growth of the market.

The latest trend in the Gas Detectors Market is the multi gas detector coupled with the analyzer system. This detector is becoming popular due to its compact designs and excellent features when compared to the fixed gas detection systems. North America held the top position in the market in 2015 and this can be attributed to the application of the gas leakage detection in the safety systems to find the concentration of harmful gases at the oil and gas plants in the region.

The safety concerns in the industry and commercial spaces is the reason for the growth of the Gas Detectors Market. Infrastructure development take by nations like KSA and UAE in the Middle East will reduce their dependence on oil. This will result in high demand for the gas leak indicator systems.

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Segmentations & Key Players Involved in the Gas Detectors Market
The Gas Detectors Market can be broken down into various segmentations on the basis of –
• System- Fixed and portable.
• Application- Oil & Gas and Chemicals, Buildings & Construction, Food & Beverages, Healthcare, Water Treatment, Others.
• Region- Asia-Pacific, North America, Europe, Middle East & Africa, and RoW.

Some of the key players involved in the Gas Detectors Market are as follows:
• Air Test Technologies
• ESP Safety
• Honeywell Analytics
• RAE Systems
• Siemens AG

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