Gas Detection Device Market in South East Asia to Reach US$337.6 Mn over 2017-2025

Posted: Wednesday, January 03, 2018 at 2:58 PM CST

Albany, NY -- (SBWire) -- 01/03/2018 --Gas detection devices consist of gas detectors, gas detection transmitters and gas detection controllers. These devices are often used for detecting or identifying concentration of hazardous gases across the various applications such as petrochemical, mining, marine, and others such as electronics, and utility services. Gas detection device market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast and 2016 is the base year. The report covers all the major trends and recent developments playing influential role in the gas detection device market's growth over the forecast period.

It also highlights the drivers, restraints, and opportunities expected to impact market's growth during the said period. Some of the factors supporting the growth of the market in South East Asia include supportive government policies, acts and regulations associated with workplace safety procedures adopted by various industries in South East Asia region. With increasing demand for enhanced monitoring and reduced safety risk & operational expenses, the market is expected to experience high growth in coming decade. The impact of these and other macro-micro economic factors has been analyzed while developing the market growth models. The study provides a complete perspective on South East Asia gas detection device market's evolution throughout the above mentioned forecast period in terms of revenue (in US$ Mn) and volume (thousand units).

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The market overview section of the report establishes the market dynamics such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. Using these factors, the study identifies various trends prominent in the industry and are expected to influence the market growth during the forecast period from 2017 to 2025. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the gas detection device market. In addition to this, the report provides an overview of various strategies adopted by the key players engaged in South East Asia market. Key market indicators included in the report provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period.

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The report segments the market on the basis of product type, device and application. On the basis of product type the gas detection device market is segmented as fixed detectors and portable detectors. On the basis of device the gas detection market is segmented as detectors, transmitters and controllers. Mining (coal & others), steel mill, petro chemical (crude oil and oil refinery), construction (tunnel, subway & others), automobile, material (fiber, pulp, rubber, glass), food & beverage making & processing, electronics (semiconductor and consumer electronics), marine (ship builder, ship owner and ship chandler), utility services (electricity, water, gas and telecommunication), government (firefighting, police, military and border control), security (building & others), medical (hospital & clinics and others), and environment detection (pollution and others) are some of the application areas of gas detection device.

South East Asia Gas Detection Device Market: Competitive Dynamics

The report also highlights the competitive landscape of the South East Asian Gas Detection Device market. Honeywell International, Inc., MSA Safety Incorporated, Drägerwerk AG & Co. KGaA, Industrial Scientific Corporation, Riken Keiki Co., Ltd., New Cosmos Electric Co., Ltd., and Gastron Co., Ltd. are some of the major players operating within the gas detection device market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling. The report also provides a detailed competitive analysis of the key players in the market and identifies various business strategies adopted by them.

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