Global Gas Detectors Market Growth 2023-2029

Global Gas Detectors Market Growth 2023-2029

Product Code:455531

Published Date: Feb 08,2023

Pages: 111

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Gas Detectors Industry Forecast” looks at past sales and reviews total world Gas Detectors sales in 2022, providing a comprehensive analysis by region and market sector of projected Gas Detectors sales for 2023 through 2029. With Gas Detectors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gas Detectors industry.

This Insight Report provides a comprehensive analysis of the global Gas Detectors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gas Detectors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gas Detectors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gas Detectors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gas Detectors.

The global Gas Detectors market size is projected to grow from US$ 2931.8 million in 2022 to US$ 4119.7 million in 2029; it is expected to grow at a CAGR of 4119.7 from 2023 to 2029.

Global Gas Detectors key players include MSA, Honeywell Analytics, Dräger, Industrial Scientific, New Cosmos Electric, etc. Global top five manufacturers hold a share about 55%.

United States is the largest market, with a share about 30%, followed by China and Europe, both have a share over 50 percent. 
In terms of product, Portable Gas Detectors is the largest segment, with a share over 60%. And in terms of application, the largest application is Oil & Gas, followed by Mining.

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.

Market Segmentation:
Segmentation by type
    Fixed Gas Detectors
    Portable Gas Detectors

Segmentation by application
    Oil and Gas
    Mining
    Manufacturing Industry
    Building Automation
    Others

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
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    MSA
    Honeywell Analytics
    Dräger
    Industrial Scientific
    New Cosmos Electric
    Tyco International
    Riken Keiki
    Emerson
    Oldham
    UTC
    3M
    Hanwei
    IGD
    SENSIT Technologies
    Shanghai AEGIS

Key Questions Addressed in this Report
What is the 10-year outlook for the global Gas Detectors market?
What factors are driving Gas Detectors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gas Detectors market opportunities vary by end market size?
How does Gas Detectors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?