250 Pages Gas Detection Equipment Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
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The report offers actionable and valuable market insights of Gas Detection Equipment. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Gas Detection Equipment Market across various industries and regions.
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The global gas detection equipment market is estimated at USD 1.5 Billion in 2022 and is forecast to reach USD 2.6 Billion by 2032, growing with a CAGR of 5.3% from 2022 to 2032.
| Report Attributes | Details |
| Market size value in 2021A | USD 1.4 Billion |
| Market value estimated in 2022E | USD 1.5 Billion |
| Market forecast value in 2032F | USD 2.6 Billion |
| Global Growth Rate (2022-2032) | CAGR 5.3% |
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Gas Detection Equipment market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Gas Detection Equipment
This newly published and insightful report sheds light on Market Insights of Gas Detection Equipment, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Gas Detection Equipment Market.
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Key Segments Covered
-
By Type :-
- Fixed
- Portable
-
By End User :-
- Oil & Gas
- Mining
- Government & Military
- Manufacturing
- Others
-
By Region :-
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa (MEA)
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Competitive Landscape
Fact.MR has profiled the following key gas detection equipment manufacturers in its report are 3M Company, Analytical Technology Inc., Dragerwerk AG & Co. KgaA, Emerson Electric Co., Enmet LLC., ESP SAFETY INC., Fortive Corporation, Gas Measurement Instruments Limited., Gastech Australia Pty Ltd, General Electric Company, Global Detection Systems Corp., Halma plc, Honeywell International Inc., MSA Safety Incorporated, RKI Instruments, Inc., Thermo Fisher Scientific Inc., Trolex Ltd and United Technologies Corporation
Key manufacturers are constantly innovating product designs to meet the modern day challenges pertaining to components placement in the engine environment.
Segment Wise Analysis
What Is The Consumption Scenario Of Portable Type Of Gas Detection Equipment?
The rising initiatives to change old and outdated type of gas detection equipment in all the industries including oil & gas and mining sector, which is favoring the progression of this market. Building automation is projected to appear as a key end-use segment for portable type of product. The portable gas detection equipment is estimated to be valued at USD 341 Mn in 2022 and is likely to grow at a CAGR of 3.9% by the end of 2032.
Which segment as end user is likely to witness accelerated growth?
Oil & gas, manufacturing, and mining are several end use industries with high possibilities of gas leakage, which can result into several destruction to employees and workplace at their respective units. The use of gas detection equipment in oil & gas industries is expected to grow 1.8X, which results to reach the valuation at USD 944 Mn by the end of 2032.
In some serious cases, there is probability of employee’s deaths due to suffocation. In order to minimize or avoid such circumstances, numerous companies around the world are increasing the focus on integrating different safety measures like gas detection equipment. The mining as end users is expected to grow at a CAGR of 5.6% over the period of 2022-2032.
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Key Question answered in the survey of Gas Detection Equipment market report:
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More Valuable Insights on Gas Detection Equipment Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Gas Detection Equipment, Sales and Demand of Gas Detection Equipment, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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