Gas Detection Equipment Market Sales and Demand Forecast

A recently compiled Fact.MR research report projects a steady 5.0% CAGR, in terms of value, for the global gas detection equipment market during the period 2017 to 2026. Over 980 Mn units of gas detection equipment are pegged to be sold across the globe by 2026-end.

North America to Dominate Global Gas Detection Equipment Market

Demand for gas detection equipment in North American industries is gaining huge traction on the back of illness caused by harmful gases such as sulfur dioxide (SO2) and carbon monoxide (CO). Governments in the region have implemented mandatory regulations regarding adoption of gas detection equipment so as to ensure health and safety of workers and employees in various manufacturing industries. North America will continue to dominate the global gas detection equipment market, in terms of value and volume.

Robust investments in research and development activities, which have driven innovation, have considerably fuelled growth of the oil & gas and manufacturing industries. This has further created demand for protective equipment such as gas detection equipment in these industries for a wide range of applications. Oil & gas and manufacturing industries will prevail as the largest end-users of gas detection equipment, in terms of value.

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Although fixed gas detection equipment on the basis of type will dominate the market in terms of value, sales of portable gas detection equipment are set to register a relatively higher CAGR through 2026.

Competition Tracking

Leading manufacturers in the global gas detection market are providing additional features including modified use of sensors and multi-gas detection. Local vendors are sustaining their position in the market with the provision of products integrated with basic features at relatively lower costs. In addition, manufacturers of gas detection equipment have are collaborating with insurance companies in order to attract a larger customer base. Key players significantly contributing and underpinning growth of the global gas detection equipment market include Conspec Controls Inc., Sensidyne, LP, Global Detection Systems Corp., Analytical Technology Inc., Gas Measurement Instruments Limited., Enmet LLC., ESP SAFETY INC., Gastech Australia Pty Ltd., Trolex Ltd., Thermo Fisher Scientific Inc., General Electric Company, United Technologies Corporation, Fortive Corporation, Dragerwerk AG & Co. KGaA, MSA Safety Incorporated, Halma plc., 3M Company, RKI Instruments, Inc., and Emerson Electric Co.

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Manufacturers around the world are developing smart gas detection equipment by directing their focus toward implementation of innovative wireless technology, and robust integration of artificial intelligence (AI) and big data. Rapid adoption of smart gas detection equipment, which enable remote notifications, are likely to be a major factor contributing to expansion of the global gas detection equipment market in the near future. As smart gas detection equipment utilize wireless technology such as ZigBee, Wi-Max, Wi-Fi, and Bluetooth, end-users are enabled to track function of the product even from remote locations at all times. Additionally, companies producing gas detection equipment have introduced innovative concepts by focusing on the enhancement of the sensitivity & efficiency of sensors in detection of harmful gases. The highly sensitive CO and smoke detectors impart appropriate early warning, which in turn enables prompt investigation, control, and actions before thoughtful damage. Leading players in global gas detection equipment market have also been concentrating on the integration of sensors capable of detecting more than one gas.

Table of Contents Covered in the report are:

1. Global Economic Outlook

2. Global Gas Detection Equipment Market - Executive Summary

3. Global Gas Detection Equipment Market Overview
3.1. Introduction
3.1.1. Global Gas Detection Equipment Market Taxonomy
3.1.2. Global Gas Detection Equipment Market Definition
3.2. Global Gas Detection Equipment Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Gas Detection Equipment Market Y-o-Y Growth
3.3. Global Gas Detection Equipment Market Dynamics
3.4. Supply Chain
3.5. Cost Structure
3.6. Pricing Analysis
3.7. List Of Distributors
3.8. Investment Feasibility Matrix
3.9. Market Competition structure
3.10. Competition Structure Dashboard
3.11. Life Cycle Assessment
3.12. Global Gas Detection Equipment Market – Scenario Forecast, 2017–2026
3.13. PEST Analysis
3.14. Key Participants Market Presence (Intensity Map) By Region

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4. Global Gas Detection Equipment Market Analysis and Forecast 2012-2026
4.1. Global Gas Detection Equipment Market Size and Forecast By Type, 2012-2026
4.1.1. Fixed Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume('000) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Portable Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.2. Global Gas Detection Equipment Market Size and Forecast By End User, 2012-2026
4.2.1. Oil & Gas Market Size and Forecast, 2012-2026
4.2.1.1. Revenue (US$ Mn) & Volume('000) Comparison, By Region
4.2.1.2. Market Share Comparison, By Region
4.2.1.3. Y-o-Y growth Comparison, By Region
4.2.2. Mining Market Size and Forecast, 2012-2026
4.2.2.1. Revenue (US$ Mn) & Volume('000) Comparison, By Region
4.2.2.2. Market Share Comparison, By Region
4.2.2.3. Y-o-Y growth Comparison, By Region
4.2.3. Government & Military Market Size and Forecast, 2012-2026
4.2.3.1. Revenue (US$ Mn) Comparison, By Region
4.2.3.2. Market Share Comparison, By Region
4.2.3.3. Y-o-Y growth Comparison, By Region
4.2.4. Manufacturing Market Size and Forecast, 2012-2026
4.2.4.1. Revenue (US$ Mn) & Volume('000) Comparison, By Region
4.2.4.2. Market Share Comparison, By Region
4.2.4.3. Y-o-Y growth Comparison, By Region
4.2.5. Others Market Size and Forecast, 2012-2026
4.2.5.1. Revenue (US$ Mn) & Volume('000) Comparison, By Region
4.2.5.2. Market Share Comparison, By Region
4.2.5.3. Y-o-Y growth Comparison, By Region

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