Gas Detectors Market 2019 Analysis by Size, Share, Growth, Trends, Segmentation, Manufacturers, Supply-Demand, Business Opportunities, Safety Product, Sensors-Technology and Forecast-2024
Detail Market Research on ” Global Gas Detectors Market Growth 2019-2024″ with Key Players Profiles, Industry Size, Trends, Opportunities and Challenges is made available by Analytical Research Cognizance.
Manhattan, United States – July 31, 2019 /MarketersMedia/ —
A gas detector is a device that detects the presence of gases in an area, often as part of a safety system. This type of equipment is used to detect a gas leak and interface with a control system so a process can be automatically shut down. Gas detectors measure and indicate the concentration of certain gases in an air via different technologies.
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In 2015, major demand is expected to account 32.61% from USA in the global gas leak detector market, driven by increasing demand for replacement and occupational safety regulations. Other major demand is expected from emerging markets of Europe and contributed total 28.38 percent. China is occupied 18.11% market in gas leak detector industry, and will increase stably.
As of 2015, the Industrial application segment of the gas leak detector is the largest segment of the global gas leak detector market. Increased activity in the oil and gas and petrochemical sectors, together with improved regulatory compliance, is boosting revenues in the otherwise mature and slow-growing global gas detection market. On the other hand, the market value accounted in the year 2015 by the building automation application segment is approximately 12.72% of the consumption volume.
There is an increase in awareness among the industry that even a long term exposure to low concentration of toxic gases can adversely affect workers health. Furthermore, increase in safety for medical and household sector can provide an opportunity for gas detector equipment market growth. A positive outlook on growth of high end manufacturing industries such as aerospace and automobiles and demand from emergency response systems are expected to further augment gas detector equipment market growth.
According to this study, over the next five years the Gas Detectors market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 3240.9 million by 2024, from US$ 2541.8 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Gas Detectors business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Gas Detectors market by product type, application, key manufacturers and key regions and countries.
This study considers the Gas Detectors value and volume generated from the sales of the following segments:
Segmentation by product type:
Fixed Gas Detectors
Portable Gas Detectors
Segmentation by application: .
Oil and Gas
Mining
Manufacturing Industry
Building Automation
Other Applications
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This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
MSA
Honeywell Analytics
Dräger
Industrial Scientific
New Cosmos Electric
Tyco International
Riken Keiki
Emerson
Oldham
UTC
3M
Hanwei
IGD
SENSIT Technologies
Shanghai AEGIS
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Gas Detectors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Gas Detectors market by identifying its various subsegments.
Focuses on the key global Gas Detectors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Gas Detectors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Gas Detectors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Major Point of TOC:
Chapter One: Scope of the Report
Chapter Two: Executive Summary
Chapter Three: Global Gas Detectors by Manufacturers
Chapter Four: Gas Detectors by Regions
Chapter Five: Americas
Chapter Six: APAC
Chapter Seven: Europe
Chapter Eight: Middle East & Africa
Chapter Nine: Market Drivers, Challenges and Trends
Chapter Ten: Marketing, Distributors and Customer
Chapter Eleven: Global Gas Detectors Market Forecast
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