Gas Detection Equipment Market Research Size, Shares, Strategies, Trend, GrowthPosted by akshayparmar on November 16th, 2017 Gas Detection Equipment Market (By End-use Application (Commercial, Industrial (Manufacturing, Oil and Gas, Mining, Utilities, Automotive, and Others), and Residential), By Type (Fixed Gas Detection Equipment, Portable Gas Detection Equipment) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 - 2025, the global gas detection equipment market is expected to expand at a CAGR of 6.2% from 2017 to 2025, reaching US$ 3.70 Bn by 2025. View Full Report with TOC @ http://www.acutemarketreports.com/report/gas-detection-equipment-market-report Market Insights Gas detection equipment is a subset of a safety system used across multiple industries to detect the presence or leakage of gases in a confined area. Ideally, gas detection equipment is coupled with a control system to sound an alert for shutting down running operations. Thus, it is used to alert workforce regarding a potential risk of explosion or fire break due to possible gas leakage. While the deployment of gas detection equipment was predominantly limited to industry verticals such as oil and gas, mining, and utilities (water and waste water treatment), Competitive Insights: The global market for gas detection equipment is highly consolidated. The leading three gas detection manufacturers account for over 50% of the global market revenue. Dragerwerk AG & Co. KGaA, Honeywell Analytics, and Mine Safety Appliances (MSA) Company are identified as the leading gas detection equipment manufacturers worldwide. Some of the promising and emerging players identified in the global gas detection equipment market include Industrial Scientific Corporation, RAE Systems Inc, GE Measurement & Control Solutions, Sensidyne, LP, Trolex Ltd., Siemens AG, BW Technologies Ltd, ENMET Corporation, Airtest Technologies Inc., Bacharach Inc, and Scott Safety among others. In order to sustain in this relatively matured market, players are increasingly focusing on expanding product portfolio and global presence through strategic partnerships and acquisitions.
Key Trends: • Growing preference for small portable/wireless gas detection equipment across all end-use applications About - Acute Market Reports : Our team consists of highly motivated market research professionals and they are accountable for creating the groundbreaking technology that we utilize in our search engine operations to easily recognize the most current market research reports online. Name : Chris Paul ACUTE MARKET REPORTS Designation : Global Sales Manager Toll Free(US/CANADA): +1-855-455-8662 Email : sales@acutemarketreports.com Website :http://www.acutemarketreports.com Like it? Share it! More by this author |