Rockville Pike, MD -- (SBWIRE) -- 09/11/2019 -- Gas Detector Market: Introduction
Gas detector is a device which detects the presence of gases in premises, measures and specifies the concentration of certain gases in air via different technologies. Gas detectors are also used as a part of safety system. Gas detector is installed as a first line of defence for the works safety, when a place is facing unknown environmental hazards invisible to the body's senses. Gas detector can be used to detect combustible, flammable and toxic gases and oxygen depletion. Gas detector has a wide application across numerous sector and can be predominantly found in locations such as oil rigs, manufacturing of photovoltaic and also used by the firefighting units across the globe.
Gas Detector Market: Dynamics
The key driving factor for the global gas detector market are the continuously evolving oil & gas and industrial sector, which has resulted in an increased demand for gas detector across all major developing economies. The macroeconomic factors, such as thriving industrial activities and up gradation in oil & gas exploration & production activities along with an increase in safety procedures and regulations for industries in many countries, which is further enhancing the sales for gas detector. The significant increase in demand for gas detector due to the rising safety concerns about safe gas transportation operations is highly anticipated to drive the global gas detector market. Prominent industrial sectors such as oil & gas, petroleum, refining and mining needs to comply with safety and environmental regulations. Tolerable levels of occupational exposure of personnel to toxic gases defined by industry guidelines and governed by regulatory organizations, such as Occupational Safety & Health Administration (OSHA) and American Society of Heating Refrigeration & Air Conditioning Engineers (ASHRAE) compels industry to install gas detecting equipment. The installation of gas detectors can alert personnel, when toxic gas levels are raised beyond approved limits. Furthermore, growing awareness among plant owners and employees about occupational hazards is anticipated to have an optimistic influence on market growth. The key restraining factors, such as high cost and complex installation process of gas detector may hinder the global gas detector market growth over the forecast period.
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Gas Detector Market: Segmentation
The global gas detector market is segmented on the basis of type, application, end user and region.
Based on the product type, the global gas detector market is segmented as:
Fixed Systems
Portable Systems
Based on the gas type, the global gas detector market is segmented as:
Oxygen
Flammable
Toxic
Based on the technology, the global gas detector market is segmented as:
Single Gas Detection
Multi Gas Detection
Based on the end user, the global gas detector market is segmented as:
Oil & Gas
Chemicals & Specialty Chemicals
Mining
Water Treatment
Emergency Services
Semiconductors
Building Automation and Construction
Food and Beverages
Power Generation/Utilities
Others
Fixed gas detectors hold the maximum share in 2018, whereas, portable gas detectors are expected to grow at a phenomenal rate over the forecast period. On the other hand, among end-user segment, the oil & gas segment is anticipated to see substantial market growth over the forecast period, attributed to increasing exploration & production activities in oil & gas sector across all major oil producing economies.
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Gas Detector Market: Regional Outlook
The global gas detector market is segmented into seven regions: North America, Europe, MEA, East Asia (Japan, China, and South Korea), South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest of South Asia), Oceania (Australia, New Zealand) and Latin America. Among the above-mentioned countries, MEA is projected to account for a noteworthy market share due to predominant oil & gas reserves in countries, such as Saudi Arabia, UAE, Qatar, Kuwait, Iran, Nigeria and others. East Asia is anticipated to witness a high growth in the global gas detector market owing to the rise in industrial activities. Furthermore, South Asia and Latin America is projected to showcase most enthusiastic growth in the global gas detector market due to the rise in the population coupled with a surge in oil & gas consumption across the region. Europe and North America are one of the key developed regions that will create worthy opportunity in the global gas detector market over the forecast period due to the existence of significant oil & gas reserves and robust infrastructure.
Gas Detector Market: Prominent players
Prominent players for the global gas detector market are Airtest Technologies, Drägerwerk AG & Co. KGaA, Emerson Electric Co., ESP Safety, General Electric, Honeywell International, MSA, RAE Systems, Siemens, Sensor Electronics, Thermo Fisher Scientific, Tyco International, Trolex, Industrial Scientific Corporation, Riken Keiki Co. Ltd. and other key market players. The gas detector market consists of well-diversified global and regional players with the regional vendors ruling their respective regional market.
The research report presents a comprehensive assessment of the gas detector market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The gas detector market report provides analysis and information according to market segments such as product type, gas type, technology and end user.
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The Gas Detector Market Report Covers Exhaustive Analysis On:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
The Gas Detector Market Regional Analysis Includes:
North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Rest of LatAm)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
East Asia (Japan, China, South Korea)
South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest)
Oceania (Australia, New Zealand)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The Gas Detector report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Gas Detector report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Gas Detector report also maps the qualitative impact of various market factors on market segments and geographies.
The Gas Detector Market Report Highlights:
A Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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