Gas Detection Equipment Market Research Report Forecast till 2030

Description

Gas Detection Equipment Market Research Report Forecast till 2030

Market Overview

The Worldwide Gas Detection Equipment Market is anticipated to register a notable CAGR of 6.30% and reach USD 7,695.9 million by the end of 2030. Gas detection equipment assists with diminishing the dangers connected with perilous gases in the family, business, and modern areas. The gas detection equipment can be utilized as a piece of an aggregate, incorporated checking, and well-being framework, which incorporates different security perspectives including fire detection and crisis process closure. Expanding execution of severe security guidelines across the globe is expected to go about as one of the huge variables for the rising development of the worldwide gas detection equipment market during the conjecture time frame.

Gas detection equipment can be remote (convenient) or fixed. Wearable or convenient gas detection equipment is typically worn on the individual and triggers a caution once it identifies the gas fixation over the cut-off limit. Different sensors like ultrasonic, infrared, and electrochemical gas are coordinated into it. They track down applications in family exercises, cars, processing plants, and modern offices, among others. With the rising accentuation on guaranteeing the security of laborers in different end-use enterprises all over the planet, the reception of different defensive frameworks, for example, gas finders have been advanced. Different industry principles were set up, alongside government rules and guidelines to guarantee the security and strength of laborers in the assembling business, requiring the necessity for gas locators. Nonetheless, the development of the market can be thwarted because of the significant expense of gas detection equipment.

Market Segmentation

In view of type, the worldwide gas detection equipment market is fragmented into fixed gas and versatile gas frameworks. By Technology, the market is fragmented into single-gas detection and multi-gas detection. By end users, the worldwide gas detection equipment market has been fragmented into household, business, and modern.

Regional Analysis

The gas detection equipment market in Asia-Pacific represented 22.38% of the worldwide market in 2020. Asia-Pacific records for the biggest offer in the worldwide gas detection equipment market attributable to the big number of substance fabricating plants, mature oil area, huge assembling industry, strong interest from the modern area, and high entrance of key parts in the district. China represents a significant stake in the district, representing 49.46% of the market, and is supposed to enroll a CAGR of 6.17% during the estimated time frame. Additionally, strong development in the framework and expanding interests in well-being and security in China, India, and Japan is supposed to build interest in gas detection equipment before long.

The interest in the district has shown continuous development attributable to the rising interest in the creation of synthetic substances and dynamic fixings. The expansion popular for devices and retail items and the developing auto industry is supposed to expand the development of the gas detection equipment market in the locale.

Major Players

The key players associated with the Global Gas Detection Equipment Market are Emerson Electric Co. (US), Honeywell International Inc. (US), Siemens AG (Germany), General Electric Company (Liechtenstein), Drägerwerk AG & Co. KGaA (Germany), Thermo Fisher Scientific Inc. (US), Industrial Scientific (US), Sensor Electronics Corporation (US), CONSPEC Controls (Pennsylvania), RKI Instruments, Inc. (US), and MSA Safety Inc. (US).

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY.. 14
1.1 MARKET ATTRACTIVENESS ANALYSIS. 15
1.1.1 GLOBAL GAS DETECTION EQUIPMENT MARKET, BY TYPE. 16
1.1.2 GLOBAL GAS DETECTION EQUIPMENT MARKET, TECHNOLOGY. 17
1.1.3 GLOBAL GAS DETECTION EQUIPMENT MARKET, END USE. 18
1.1.4 GLOBAL GAS DETECTION EQUIPMENT MARKET, BY REGION.. 19
2 MARKET INTRODUCTION.. 20
2.1 DEFINITION.. 20
2.2 SCOPE OF THE STUDY. 20
2.3 RESEARCH OBJECTIVE. 20
2.4 MARKET STRUCTURE. 21
2.5 KEY BUYING CRITERIA.. 21
3 RESEARCH METHODOLOGY. 22
3.1 RESEARCH PROCESS. 22
3.2 PRIMARY RESEARCH.. 23
3.3 SECONDARY RESEARCH.. 24
3.4 MARKET SIZE ESTIMATION.. 25
3.5 FORECAST MODEL. 26
3.6 LIST OF ASSUMPTIONS & LIMITATIONS. 27
4 MARKET DYNAMICS.. 28
4.1 OVERVIEW.. 28
4.2 DRIVERS. 29
4.2.1 THE IMPLEMENTATION OF STRINGENT SAFETY REGULATIONS. 29
4.2.2 GROWTH OF THE END-USE INDUSTRIES. 29
4.3 RESTRAINT. 30
4.3.1 THE HIGH COST OF GAS DETECTION EQUIPMENT. 30
4.4 OPPORTUNITIES. 31
4.4.1 SCOPE FOR GROWTH IN DEVELOPING NATIONS. 31
5 MARKET FACTOR ANALYSIS.. 32
5.1 SUPPLY CHAIN ANALYSIS. 32
5.1.1 DESIGN AND DEVELOPMENT. 32
5.1.2 RAW MATERIAL/COMPONENT SUPPLY. 33
5.1.3 GAS DETECTION EQUIPMENT MANUFACTURE/ASSEMBLY. 33
5.1.4 GAS DETECTION EQUIPMENT DISTRIBUTION.. 33
5.1.5 END USE. 33
5.2 PORTER’S FIVE FORCES MODEL. 34
5.2.1 THREAT OF NEW ENTRANTS. 34
5.2.2 BARGAINING POWER OF SUPPLIERS. 35
5.2.3 THREAT OF SUBSTITUTES. 35
5.2.4 BARGAINING POWER OF BUYERS. 35
5.2.5 INTENSITY OF RIVALRY. 35
6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL GAS DECTECTION EQUIPMENT MARKET 36
6.1.1 IMPACT ON PRODUCTION.. 36
6.1.2 IMPACT ON SUPPLY CHAIN.. 36
6.1.3 IMPACT ON RAW MATERIALS. 36
6.1.4 CASH FLOW CONSTRAINTS. 38
6.1.5 IMPACT ON PRICING.. 38
7 GLOBAL GAS DETECTION EQUIPMENT MARKET, BY TYPE.. 39
7.1 OVERVIEW.. 39
7.1.1 GLOBAL GAS DETECTION EQUIPMENT MARKET ESTIMATES & FORECAST, BY TYPE, 2018–2030. 40
7.2 FIXED GAS SYSTEM.. 40
7.2.1 FIXED GAS SYSTEM: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 40
7.3 PORTABLE GAS SYSTEM.. 41
7.3.1 PORTABLE GAS SYSTEM: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 41
8 GLOBAL GAS DETECTION EQUIPMENT MARKET, BY TECHNOLOGY. 42
8.1 OVERVIEW.. 42
8.1.1 GLOBAL GAS DETECTION EQUIPMENT MARKET ESTIMATES & FORECAST, BY TECHNOLOGY, 2018–2030. 43
8.2 SINGLE-GAS DETECTION.. 43
8.2.1 SINGLE-GAS DETECTION: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 43
8.3 MULTI-GAS DETECTION.. 44
8.3.1 MULTI-GAS DETECTION: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 44
9 GLOBAL GAS DETECTION EQUIPMENT MARKET, BY END USE.. 45
9.1 OVERVIEW.. 45
9.1.1 GLOBAL GAS DETECTION EQUIPMENT MARKET ESTIMATES & FORECAST, BY END USE, 2018–2030. 46
9.2 INDUSTRIAL. 46
9.2.1 INDUSTRIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 46
9.3 COMMERCIAL. 47
9.3.1 COMMERCIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 47
9.4 HOUSEHOLD. 48
9.4.1 HOUSEHOLD: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2030. 48
10 GLOBAL GAS DETECTION EQUIPMENT MARKET, BY REGION.. 49
10.1 OVERVIEW.. 49
10.2 NORTH AMERICA.. 51
10.2.1 US. 53
10.2.2 CANADA.. 54
10.2.3 MEXICO.. 55
10.3 EUROPE. 56
10.3.1 GERMANY. 58
10.3.2 FRANCE. 59
10.3.3 UK. 60
10.3.4 ITALY. 61
10.3.5 REST OF EUROPE. 62
10.4 ASIA-PACIFIC. 63
10.4.1 CHINA.. 65
10.4.2 INDIA.. 66
10.4.3 JAPAN.. 67
10.4.4 REST OF ASIA-PACIFIC. 68
10.5 MIDDLE EAST & AFRICA.. 69
10.6 CENTRAL & SOUTH AMERICA.. 70
10.6.1 BRAZIL. 72
10.6.2 ARGENTINA.. 73
10.6.3 REST OF CENTRAL & SOUTH AMERICA.. 74
11 COMPETITIVE LANDSCAPE. 75
11.1 INTRODUCTION.. 75
11.1.1 MARKET STRATEGY ANALYSIS. 75
11.2 COMPETITIVE BENCHMARKING.. 76
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES. 77
11.3.1 R&D. 77
11.3.2 ACQUISITION.. 77
12 COMPANY PROFILES.. 78
12.1 SIEMENS AG.. 78
12.1.1 COMPANY OVERVIEW.. 78
12.1.2 FINANCIAL OVERVIEW.. 79
12.1.3 PRODUCTS OFFERED. 80
12.1.4 KEY DEVELOPMENTS. 80
12.1.5 SWOT ANALYSIS. 81
12.1.6 KEY STRATEGIES. 81
12.2 HONEYWELL INTERNATIONAL INC. 82
12.2.1 COMPANY OVERVIEW.. 82
12.2.2 FINANCIAL OVERVIEW.. 83
12.2.3 PRODUCTS/SERVICES OFFERED. 84
12.2.4 KEY DEVELOPMENTS. 84
12.2.5 SWOT ANALYSIS. 85
12.2.6 KEY STRATEGIES. 85
12.3 GENERAL ELECTRIC COMPANY. 86
12.3.1 COMPANY OVERVIEW.. 86
12.3.2 FINANCIAL OVERVIEW.. 87
12.3.3 PRODUCTS/SERVICES OFFERED. 87
12.3.4 KEY DEVELOPMENTS. 88
12.3.5 SWOT ANALYSIS. 88
12.3.6 KEY STRATEGIES. 88
12.4 THERMO FISHER SCIENTIFIC INC. 89
12.4.1 COMPANY OVERVIEW.. 89
12.4.2 FINANCIAL OVERVIEW.. 90
12.4.3 PRODUCTS/SERVICES OFFERED. 90
12.4.4 KEY DEVELOPMENTS. 91
12.4.5 SWOT ANALYSIS. 91
12.4.6 KEY STRATEGIES. 91
12.5 EMERSON ELECTRIC CO. 92
12.5.1 COMPANY OVERVIEW.. 92
12.5.2 FINANCIAL OVERVIEW.. 93
12.5.3 PRODUCTS/SERVICES OFFERED. 94
12.5.4 KEY DEVELOPMENTS. 94
12.5.5 SWOT ANALYSIS. 95
12.5.6 KEY STRATEGIES. 95
12.6 INDUSTRIAL SCIENTIFIC CORPORATION.. 96
12.6.1 COMPANY OVERVIEW.. 96
12.6.2 FINANCIAL OVERVIEW.. 96
12.6.3 PRODUCTS/SERVICES OFFERED. 96
12.6.4 KEY DEVELOPMENTS. 97
12.6.5 KEY STRATEGIES. 97
12.7 SENSOR ELECTRONICS CORPORATION.. 98
12.7.1 COMPANY OVERVIEW.. 98
12.7.2 FINANCIAL OVERVIEW.. 98
12.7.3 PRODUCTS/SERVICES OFFERED. 98
12.7.4 KEY DEVELOPMENTS. 99
12.7.5 KEY STRATEGIES. 99
12.8 CONSPEC CONTROLS INC. 100
12.8.1 COMPANY OVERVIEW.. 100
12.8.2 FINANCIAL OVERVIEW.. 100
12.8.3 PRODUCTS OFFERINGS. 100
12.8.4 KEY DEVELOPMENT. 101
12.8.5 KEY STRATEGIES. 101
12.9 DRÄGERWERK AG & CO. KGAA.. 102
12.9.1 COMPANY OVERVIEW.. 102
12.9.2 FINANCIAL OVERVIEW.. 103
12.9.3 PRODUCT OFFERINGS. 104
12.9.4 KEY DEVELOPMENTS. 104
12.9.5 KEY STRATEGIES. 104
12.10 RKI INSTRUMENTS, INC. 105
12.10.1 COMPANY OVERVIEW.. 105
12.10.2 FINANCIAL OVERVIEW.. 105
12.10.3 PRODUCTS OFFERINGS. 105
12.10.4 KEY DEVELOPMENTS. 106
12.10.5 KEY STRATEGIES. 106
12.11 MSA SAFETY INC. 107
12.11.1 COMPANY OVERVIEW.. 107
12.11.2 FINANCIAL OVERVIEW.. 107
12.11.3 PRODUCT OFFERINGS. 108
12.11.4 KEY DEVELOPMENTS. 109
12.11.5 KEY STRATEGIES. 109
13 REFERENCES.. 110