Introduction of the Gas Detection Equipment Market Report

A gas detector is defined as a device in the presence of gas in a specific area as a part of the safety system. This type of equipment is mainly used to detect a gas leak with the control system in order to ensure the process of gas detection is shut down automatically. The global gas detection equipment market covers various types of sensors including infrared sensors, electrochemical sensors, and metal oxide semiconductor sensors.

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Market Dynamic

Key Drivers and Emerging Trends

The factors driving the global Gas Detection Equipment market share include the rising demand for plant safety, followed by the increasing focus on personal safety around the world. The gas detection equipment is mainly used to detect the gas lead with a control system. The main aim of this equipment is to identify the presence of harmful gases in the environment and raise the alarm to prevent accidents. In addition to this, the growing emphasis on safety in industrial and commercial spaces is another factor that is contributing to the market growth. There has been an increase in awareness related to the impact of the long-term exposure to the low concentration of toxic gases on the health of the workers. Moreover, the growing safety for the medical and household sector is further creating new opportunities in the market growth over the coming years. Various sensors are used in the gas detector, including ultrasonic sensors, infrared sensors, semiconductor sensors, among others. These sensors are increasingly used in refineries, automobiles, industrial plants, wastewater treatment facilities, household activities, among others.

Restraint in the Gas Detection Equipment Market

However, the high response time of the gas detectors, along with the changes in the concentration of the gas and intensely competitive market players, are the major factors that are hindering the market growth.

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End-Use Industry – Segment Analysis

Based on the end-use industry, the oil & gas segment is anticipated to grow at a higher CAGR during the forecast period. The increasing demand for wireless gas detection systems in the oil & gas sectors is a major factor that is surging the growth of the market. The end-users are becoming more aware of the various benefits offered by gas detection equipment, such as increases safety, saves cost, and helps in bringing improvement in the plants. This is further helping the market to grow over the coming years.

Sensor Type – Segment Analysis

Based on the sensor type, the infrared sensors segment is projected to grow at a faster CAGR during the forecast period. This is mainly due to the increasing awareness related to the various benefits offered by infrared sensors, such as help in reading the moving objects, provides accurate details, among others.

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Regional – Segment Analysis:

Based on the region, North America region is expected to dominate the market over the coming years. This is mainly due to the growing demand for replacement and occupational safety regulations. The gas detection equipment detects the gas leak with a control system so that the process of gas detection can be automatically shut down. On the other hand, the Asia-Pacific region is projected to grow at a higher CAGR during the forecast period. The increasing demand from the emerging markets of the Asia-Pacific region, including India and China due to the growing investment in the chemicals, petrochemicals, oil & gas sector, among other sectors, is a major factor helping the market grow.

Top Market Players

Various notable players operating in the market include Honeywell International Inc., Siemens, RIKEN KEIKI Co., Ltd., Sensor Electronics, GE DIGITAL, SCHAUENBURG GRUPPE, Raeco Rents, LLC, Industrial Scientific, Trolex, and ESP Safety, among others.

Segments covered in the Report:

The global Gas Detection Equipment market has been segmented on the basis of Sensor Type, End-Use Industry, Power Source, and regions. Based on Sensor Type, the market is segmented into Infrared sensors, Electrochemical Sensors, and Metal Oxide Semiconductor (MOS) sensor. Based on End-Use Industry, the market is segmented into Oil & Gas, Water Treatment, Semiconductor, Mining, Building Automation and Construction, and Power Generation/Utilities. Based on Power Source, the market is segmented into Battery-powered gas detectors, Hardwired gas detectors with backup batteries, and Hardwired Gas Detectors without backup batteries. 

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Key questions answered in this research report:

• • At what pace is global Gas Detection Equipment market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Gas Detection Equipment market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Gas Detection Equipment market?
  • Which Sensor Type generated maximum revenues in 2019 and identify the most promising Sensor Type during the forecast period?
  • What are the various End-Use Industry areas of global Gas Detection Equipment market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Sensor Type, By End-Use Industry, By Power Source, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Honeywell International Inc., Siemens, RIKEN KEIKI Co., Ltd., Sensor Electronics, GE DIGITAL, SCHAUENBURG GRUPPE, Raeco Rents, LLC, Industrial Scientific, Trolex, and ESP Safety, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Gas Detection Equipment Market by Sensor Type

• • Infrared sensors
  • Electrochemical Sensors
  • Metal Oxide Semiconductor (MOS) sensor

Global Gas Detection Equipment Market by End-Use Industry

• • Oil & Gas
  • Water Treatment
  • Semiconductor
  • Mining
  • Building Automation and Construction
  • Power Generation/Utilities

Global Gas Detection Equipment Market by Power Source

• • Battery-powered gas detectors
  • Hardwired gas detectors with backup batteries
  • Hardwired Gas Detectors without backup batteries

Global Gas Detection Equipment Market by Region

• • North America Gas Detection Equipment Market (Option 1: As a part of the free 25% customization)
    • North America Gas Detection Equipment Market by Sensor Type
    • North America Gas Detection Equipment Market by End-Use Industry
    • North America Gas Detection Equipment Market by Power Source
    • US Gas Detection Equipment Market All-Up
    • Canada Gas Detection Equipment Market All-Up
  • Europe Gas Detection Equipment Market (Option 2: As a part of the free 25% customization)
    • Europe Gas Detection Equipment Market by Sensor Type
    • Europe Gas Detection Equipment Market by End-Use Industry
    • Europe Gas Detection Equipment Market by Power Source
    • UK Gas Detection Equipment Market All-Up
    • Germany Gas Detection Equipment Market All-Up
    • France Gas Detection Equipment Market All-Up
    • Spain Gas Detection Equipment Market All-Up
    • Rest of Europe Gas Detection Equipment Market All-Up
  • Asia-Pacific Gas Detection Equipment Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Gas Detection Equipment Market by Sensor Type
    • Asia-Pacific Gas Detection Equipment Market by End-Use Industry
    • Asia-Pacific Gas Detection Equipment Market by Power Source
    • China Gas Detection Equipment Market All-Up
    • India Gas Detection Equipment Market All-Up
    • Japan Gas Detection Equipment Market All-Up
    • Rest of APAC Gas Detection Equipment Market All-Up
  • RoW Gas Detection Equipment Market (Option 4: As a part of the free 25% customization)
    • RoW Gas Detection Equipment Market by Sensor Type
    • RoW Gas Detection Equipment Market by End-Use Industry
    • RoW Gas Detection Equipment Market by Power Source
    • Brazil Gas Detection Equipment Market All-Up
    • South Africa Gas Detection Equipment Market All-Up
    • Saudi Arabia Gas Detection Equipment Market All-Up
    • UAE Gas Detection Equipment Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Gas Detection Equipment Market All-Up

Major Players Operating in the Gas Detection Equipment (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Honeywell International Inc.
  • Siemens
  • RIKEN KEIKI Co., Ltd.
  • Sensor Electronics
  • GE DIGITAL
  • SCHAUENBURG GRUPPE
  • Raeco Rents, LLC
  • Industrial Scientific
  • Trolex
  • ESP Safety