Global Gas Detectors Market Overview:
Gas detectors consist of an alarm and sensor. It is used to detect gas leakage in a consigned area. It is connected to a control system to automatically shut down the process at times of gas leakage. Technological advancement in the gas sensors to reduce power consumption and real time monitoring driving the demand for gas monitors. For instance, recently Honeywell launched single gas monitor called Honeywell BW Solo with bluetooth low energy connectivity for real-time visibility. Further, increasing demand from the oil and gas, petrochemicals, specialty chemicals, industrial refrigeration, water and wastewater treatment, plastics and fibers, and manufacturing industry expected to derive the demand for gas detectors over the forecasted period.
- Growing Incidents of Gas Leakage in Industrial Plants
- Increasing Demand for Portable Gas Detector
- Growing Focus on Safety of Commercial Spaces
- Emergence of Real-Time Monitoring of Gas Leakage
- Emphasizing On Development of Sensors with Extended Life for Gas Detectors
- Increasing Focus on Development of Gas Detectors with Low Power Consumption
- High Cost of Gas Detectors
- Technical Issues Related With Gas Detectors
- Growing Applications of Gas Sensors in Consumer Electronics Industry
- Rising Spending On Safety in the Healthcare Industry
- Increasing Demand from the Developing Economies Owing to Growing Manufacturing Industry
- Lack of Awareness in the Emerging Economies
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Some of the key players profiled in the report are Honeywell Analystics (United Kingdom), Mine Safety Appliances (United States), RKI Instruments (United States), 3M (United States), TRITECH (United Kingdom), Monicon Technologies (Ireland), Gastronics Inc. (United States), City Technology Ltd (United Kingdom), Dynament (United Kingdom), Alphasense (United Kingdom), Amphenol Corporation (United States), Bosch Sensortec GmbH (Germany) and AMS AG (Austria). Additionally, following companies can also be profiled that are part of our coverage like Figaro Engineering Inc. (Japan), Membrapor AG (Switzerland), SenseAir AB (Sweden), Sensirion AG (Switzerland), Macurco (United States) and MSA (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Gas Detectors market by 2024. Considering Market by Gas, the sub-segment i.e. Combustible will boost the Gas Detectors market. Considering Market by Technologies , the sub-segment i.e. Catalytic sensors will boost the Gas Detectors market.
2018, Macurco launched a portable gas detector, aim safety to reduce gas leakage incidents at plants and increasing worker protection.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Gas Detectors market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Gas Detectors market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw material and material testing equipment suppliers, Gas detectors technology platform developers, Gas detector original design manufacturers (ODMs), Gas detectors original equipment manufacturers (OEMs), Distributors and traders, Research organizations, Organizations, forums, alliances, and associations related to gas sensors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.