Fr. Mrz 29th, 2024

We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the gas detection equipment market growth. For enhancing readers’ experience, the report starts with a basic overview about the gas detection equipment and its classification. Further, we have considered 2013 as the base year, 2026 as the estimated year, 2017-2026 as the stipulated timeframe.

The gas detection equipment market report includes global as well as emerging players:

  • MSA Safety Incorporated
  • Dragerwerk AG & Co. KGaA
  • United Technologies Corporation
  • Thermo Fisher Scientific Inc.

Gas detection equipment is employed across several industrial verticals to ensure safety of the workers. These equipment are a part of different protective systems installed in end-use industries. Different regulation and laws set by government authorizes compels the stake holder to install gas detection system in necessary areas. Such laws, propel the growth of the global gas detection equipment market. Manufacturing industries are prominent application areas of such detection systems.

Manufacturers have acknowledged the importance of gas detection system. They are progressively investing in innovation and advancements in this area. Innovative technologies like wireless systems, Artificial Intelligence and Big Data enhance the functionality and efficacy of the gas detection systems. Smart gas detection equipment have arrived in market which are equipped with different facilities like remote notifications. Smart technologies boost the global market for gas detections system. Different wireless technologies have surfaced the global market like ZigBee, Wi-Fi, Wi-Max and Bluetooth. All these technologies facilitate the end-user in remotely tracking performance of the equipment, even from remote locations. Innovative concept are being introduced by stake holders to enhance different properties of gas detection systems like efficacy and sensitivity of gas leakage. These systems are laced with detectors which detect the presence of harmful gases. Smoke detectors emit warning signals as soon as they detect harmful gases like CO/. Early signals play vital role in preventing hazardous that might occur from it. It helps in other aspects like in taking investigation and control actions.

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North America leads market

Latest Fact.MR report predicts the global gas detection equipment market to grow at 5.0% CAGR in the period 2017-2026. A total of 980 Mn units is estimated to be sale value that will be attained by the global market by the end of the forecast period.

North America leads global market in term of demand. Gas detection system is gaining traction in the industries in the regions owing to the illness caused by harmful gases like carbon monoxide and Sulphur dioxide. North American government has formed regulations that make adoption of gas detection system mandatory. North America is projected to dominate the global market in coming years in terms of volume as well as value. Rapid research activities are taking place in the global market. Oil and gas industries are embracing these innovations which fuels the market growth. Oil & gas industries along with the manufacturing industries lead the global market as the largest end-user segments. Of all the types, fixed gas detection equipment is forecasted by the Fact.MR report to acquire the largest market share in the coming years.

Leading stake holders are introducing other features in gas detection system like multi-gas detection and modified sensors. Manufacturers at local level are selling these equipment at low cost to acquire grater customer base. They are entering into contracts with insurance companies to attract the comers. Prominent players in the global market are Conspec Controls Inc., Global Detection Systems Corp., Gas Measurement Instruments Limited., Gastech Australia Pty Ltd., Thermo Fisher Scientific Inc. and United Technologies Corporation.

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