Portable Gas Detection Equipment Market : Technological Growth Map Over Time To Understand the Industry Growth Rate
Growing demand for portability from applications where gas detectors are required in confined spaces, such as mining, is one of the major trends prevailing in the portable gas detection equipment market.
One of the key driving factors for the portable gas detection equipment market is the growing popularity of wireless portable gas detection equipment. These portable gas detectors are capable of detecting gas leaks and explosives from safe distances, which makes them the preferred choice across industrial, mining, and oil & gas end-use sectors.
Obtain Report Details @
The global portable gas detection equipment market had generated revenues of US$ 1,145.3 Mn in 2014; this is projected to expand at a CAGR of 4.8% during the forecast period (2015–2023) and reach a market size of US$ 1,737.3 Mn by 2023.
The growing demand for portable gas detection equipment, primarily in industrial and building automation applications, is expected to boost the demand for portable gas detection equipment in Asia Pacific in the coming years. Furthermore, the application of portable gas detection equipment is expected to rise in Middle East and Africa (MEA), where large mining and oil exploration activities are carried out.
Moreover, increasing awareness about workforce safety in MEA is also responsible for the fastest growth rate of this region. In the GCC region and Africa, a significant part of the demand is anticipated to come from the mining sector in the coming years.
The portable gas detection equipment market is categorized on the basis of end-use into oil & portable gas, mining, industrial, building automation, and others. In 2014, the industrial end-use segment of the portable gas detection equipment market dominated the market, accounting for a major share. The demand from oil & portable gas and mining is also high, as the portability of a gas detector is prominent in these applications.
Make an Enquiry @
Oil & portable gas are also anticipated to remain the fastest-growing segments over the forecast period from 2015 to 2023. The market for portable gas detection is also anticipated to witness growth in the building automation, waste water treatment, and educational end-use sectors.
On the basis of product type, the portable gas detection equipment market is further categorized into two segments: wearable and non-wearable portable gas detection equipment. Currently, non-wearable gas detection equipment accounts for a major share in the market. However, wearable gas detectors are gaining popularity, as these systems now come with integrated wearable sensor systems.
Some of the key players in the global portable gas detection equipment market include Industrial Scientific Corporation, Drägerwerk AG & Co., KGaA, Drägerwerk AG & Co. KGaA, Mine Safety Appliances, Crowcon Detection Instruments, Ltd., Trolex Ltd., Honeywell Analytics, RAE Systems Inc., Detcon, Inc., and Thermo Fisher Scientific Inc.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Portable Gas Detection Equipment Market : Technological Growth Map Over Time To Understand the Industry Growth Rate here
News-ID: 741485 • Views: 411
More Releases from Transparency Market Research Technology
Vehicle Analytics Market to reach US$10,215.5 mn by 2025 | Key Companies are Agn …
Vehicle analytics can be categorized as solutions implemented on vehicles that helps to gain insights about the vehicles. Vehicle analytics’ application range from the farmers to large scale fleet operators as these help them with a number of benefits like increased safety, faster threat detection, vehicle tracking, and monitoring the driving behavior among others The advancement in technologies and enhanced safety provided by vehicle analytics are expected to be major drivers
System Integration Market - Segment which Held the Share of 28.2% of the Total A …
The global system integration market was valued at USD 191.36 billion in 2013 and is expected to reach USD 377.59 billion by 2020, growing at a CAGR of 10.9% during the forecast period from 2014 to 2020. In terms of revenue, North America was the largest regional market for system integration which accounted for 33.0% of the total system integration market in 2013. Asia Pacific is expected to be the
mHealth Services Market - Global Industry Size, Share, Growth, Trends and Foreca …
mHealth, a fast growing technology-driven service, is expected to change the way health services are delivered worldwide. It involves delivery of healthcare related services to end-users by medium of mobile phones (smartphones). Rising incidences of chronic diseases have elevated the need for accessibility of quality and low cost healthcare services for the masses. The situation has been further aggravated by the declining ratio of healthcare service providers to target population.
Enterprise Video Content Management Market : Recent Industry Developments and Gr …
A fresh commerce and business study by Transparency Market Research (TMR) has observed that as small and medium enterprises (SMEs) mushroom across the world, the vendors who are ahead of the curve in the global enterprise video content management market will continue to find vast new opportunities, especially when they are willing to expand into the emerging economies in Asia Pacific. For instance, about a year ago, Panopto partnered with
More Releases for Gas
Acetylene Gas Market
According to a new research report distributed by eSherpa Market Reports titled, Acetylene Gas Market by Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2015-2026, the global Acetylene Gas market was valued at $XXX million in 2020, and is expected to reach $XXX million by 2026, registering a CAGR of XX% from 2015 to 2026. Europe dominated the global Acetylene Gas market in 2020, accounting for one-third share
Global Gas Mixtures Market
Global Gas Mixtures Market – Industry Analysis and Forecast (2018-2026) – by Mixture Type, Storage & Distribution Mode, Manufacturing Process, End-use Industry, and Region. Global Gas Mixtures Market was valued at US$ 30.2Bn in 2017 and is expected to reach US$ 43.2Bn by 2026 at a CAGR of 4.5%. Global gas mixtures market has been developing at a faster pace with the advance creative systems. Factors such as robust growth of the
Oil & Gas Explosion Lawyer
Concerns about gas and oil explosions and worker safety have been at the forefront of Oklahoma state officials’ minds as they continue to investigate a recent Pittsburg County explosion that left five workers dead and 17 with minor injuries. The explosion has shaken a state that is heavily invested in the fuel industry and has been said to be the worst incident of its kind since the Deepwater Horizon tragedy. Oklahoma
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Acetylene Gas Market 2017 - Jinhong Gas, Koatsu Gas, Linde
The report entitled Global Acetylene Gas Market 2017 presents key insights into the global Acetylene Gas market along with the latest up-to-date industry details and forthcoming Acetylene Gas industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Acetylene Gas Market 2017" is to study comprehensive details of the market
Green Vegetables Gas Up
WELTEC BIOPOWER Builds 500-kW Biogas Plant for Vegetable Producer In January 2015, WELTEC BIOPOWER started building an anaerobic digestion plant in Loughgall, Northern Ireland. The customer and operator of the 500-kW plant is the vegetable producer Gilfresh Produce. The enterprise produces numerous field-grown products and processes them into food. "For WELTEC, this is the third plant in Northern Ireland and thus the eleventh in the UK", says Kevin Monson, sales manager