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Table of Contents
Gas detector devices are safety equipment used to detect and monitor the concentration and quality of gas or a mixture of gases in the air. The Gas Detection Device Manufacturing industry produces detectors used to measure a number of gases, including oxygen, carbon dioxide, carbon monoxide and nitrogen oxide. Gas detection devices are extremely important given that there are so many different ways for harmful gases to leak into the air.
Gas detection devices are the only way that workplaces can identify gas leaks and potential threats within the workplace. Workers are exposed to potentially hazardous gases that can cause harm to their minds and bodies, or even result in their untimely death if gas detector devices are not used. Gas detector devices are critical to safety as they can be used to detect explosive atmospheres, oxygen deficiency, and toxic gases that may have leaked into the air.
The soaring demand for energy has also accelerated the market growth as increasing number customers worldwide have shown a preference for gas-powered equipment. Gas detector devices use a control system to detect harmful gases in its immediate vicinity. They are used in industrial, commercial, and other applications. These detectors constantly analyse and monitor the level of gases in power plants and provide adequate safety for working personnel in the Petroleum, Chemicals, and Power industries.
The North America region is expected to be the largest Gas Detection Device Market during the forecast period by value followed by Asia Pacific and Europe. Asia Pacific is projected to emerge as the fastest growing market. Various technological advancements, various government initiatives regarding workers' safety, industry associations, easy installation, operation and user-friendliness will boost this market. Precautions to be taken by all enterprises to protect their employees also form a part of these regulations. Growing Need to Maintain Workers Safety Driving Adoption of Gas Detection Equipment.
Gas Detection Device Market : Product Type
Gas Detection Device Market : Application
Global Gas Detection Device Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Gas Detection Device Market:
Geographical analysis of Gas Detection Device Market:
Global Gas Detection Device Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 5800 million |
Forecast Value (2031) |
USD 8215.75 million |
CAGR (2025-2030) |
5.1 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Gas Detection Device Market was valued at around USD 5800 million in 2023 & estimated to reach USD 8215.75 million by 2030.
Gas Detection Device Market is likely to grow at Compound Annual Growth Rate (CAGR) of 5.1% between 2024 to 2030.
Gas Detection Device Market is dominated by the Gas & Oil segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Gas Detection Device Market are Honeywell International, Inc., MSA Safety Incorporated, Dr?gerwerk AG & Co. KGaA, Industrial Scientific Corporation, Riken Keiki Co., Ltd., New Cosmos Electric Co., Ltd., Gastron Co., Ltd., Emerson Electric Co, Testo AG, General Electric Co.
Primary driving factors for the growth of the Gas Detection Device Market include Various technological advancements, various government initiatives regarding workers' safety, industry associations, easy installation, operation and user-friendliness.
Yes, the report includes COVID 19 impact on the market.
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