Portable Gas Detection Equipment Market: Companies Raising Their Bet on Innovation to Face Price Wars
TMR analysts state that the global opportunity in the global portable gas detection equipment market will exhibit a compounded annual growth rate (CAGR) of 4.8% between 2015 and 2023. At this CAGR, the valuation of the market is poised to rise from US$1.14 bn in 2014 to US$1.73 bn by the end of 2023. By end-use industry, the industrial segment stood as the leading segment in 2014, representing nearly 30% of market revenues globally. The segment is, however, expected to...
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