2021 Global Wireless Gas Detection Industry Growth Analysis


Posted March 4, 2022 by Serra1

Stratistics MRC's Global Wireless Gas Detection Market Value is expected to reach $2.56 billion by 2028 growing at a CAGR of 6.9% during the forecast period.

 
A wireless gas detection system is a device used to detect the presence of a gas in a system. It is a part of safety system and is used to detect leakage of hazardous and explosive gases in an industry. The detector is usually connected to a control system that automatically shuts down the process in case of any leakage or situation of emergency. These systems enable real-time safety and security threat detection to help mitigate risk, and protect workers, contractors, the public, and the industry assets. Wireless gas detection offers high accuracy, flexibility, and reliability in the detection of gas leaks and prevents occurrence of any major industrial accident.

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On the basis of geography, North America region is expected to have considerable market growth during the forecast period, due to the presence of key players such as Emerson Electric Co., Agilent Technologies, Inc., and Honeywell International, Inc. in the region. In the recent years, the wireless gas detection market has witnessed significant growth in oil & gas and chemicals industries in North America. This growth is attributed to the increasing need for the security and safety of workers working in environments where they are constantly exposed to toxic gases. Moreover, the growing need to prevent industrial accidents caused by undetected gas leakage, and the increasing pressure from insurance companies for ensuring safety is encouraging industries to install wireless gas monitors.

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Some of the key players in Wireless Gas Detection Market include Tek Troniks Ltd, Honeywell International Inc., Drgerwerk Ag & Co. Kgaa, United Electric Controls Company, Agilent Technologies, Inc., Emerson Electric Co., Otis Instruments, Inc., Siemens AG, Sensidyne, Lp, General Electric Company, Yokogawa Electric Corporation, Airtest Technologies Inc., Ambetronics Engineers Pvt. Ltd., Pem-Tech, Inc., Crowcon Detection Instruments Ltd., and Msa Safety Incorporated.

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For more information about this report visit https://www.strategymrc.com/report/wireless-gas-detection-market

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Issued By Madhav Ram
Country India
Categories Industry , Reports , Research
Last Updated March 4, 2022