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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Gas Detectors Market Share
Growing popularity of wireless gas detection systems to bolster the market’s growth
Based on communication type, the wireless segment accounts for a significant share in the market and is likely to witness a considerable growth in the forecast period. The segment offers various advantages such as quick and easy installation, low maintenance cost, high connectivity and security, and flexibility and scalability, among others.
As per gas detectors market analysis, wireless gas detection systems require less time for set-up, making them ideal for factories where there is a need to ensure safety due to stringent government policies and increased chances of mishaps. Furthermore, one of the major advantages of wireless gas detectors is that they are easy to modify. The sensors in these systems are subject to reposition to get stronger signals if room-function or layout changes.
The oil and gas segment leads the market due to rising shale gas explorations in many regions
The oil and gas segment is expected to dominate the gas detectors market share due to the increasing demand for wireless and portable gas detection solutions in the oil and gas industry. This is driven by the need for reliable and accurate gas detection to ensure worker safety. The shale gas and tight oil explorations have also boosted the demand for robust gas detectors.
The chemicals and petrochemicals segment is the second-largest contributor to the market, driven by the production of chemicals and petrochemicals. The segment is witnessing growth due to the increasing adoption of advanced gas detection technologies, such as electrochemical and infrared sensors. The need for compliance with regulatory requirements is also driving growth in this segment.
Gas Detectors Market Report Snapshots
Gas Detectors Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the gas detectors market attained a value of nearly USD 3007.57 million.
The market is expected to grow at a CAGR of 3.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 4055.82 million by 2032.
The installation of the product in various end-use sectors like oil and gas, chemicals and petrochemicals, metal and mining, rising investments by key players, and increasing government initiatives to monitor air quality are the major market drivers.
Key trends aiding market expansion include the growing mandate to reduce air pollution, increasing adoption of smart gas detectors, growing demand for fixed gas detectors, and stringent government regulations for worker safety.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various communication types considered in the market report are wired and wireless.
The significant types of detectors included in the market report are fixed and portable and transportable.
The major end user industries of gas detectors are oil and gas, chemicals and petrochemicals, water and wastewater, metal and mining, and utilities, among others.
Key players in the market are Honeywell International Inc., Drägerwerk AG & Co KgaA, MSA Safety Inc., Emerson Electric Co., and SENSIT Technologies, LLC, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124