Infinium Global Research Gas Detection Equipment Market | Page 3

Gas Detection Equipment Market: Trends and Forecast -2024
time of the gas detectors with the change in the concentration of the gas and
intense competitive market players are the factors hampering the growth of the
gas detection equipment market over the years to come.
Furthermore, increase in demand to detect gases and safety for medical and
household sector are anticipated to provide huge growth opportunities for the key
players in the gas detection equipment market. On the other hand, smart gas
detectors are being manufactured by focusing on development of innovative
wireless technology and rapid integration of big data and artificial intelligence. For
instance the application in remote monitoring are Network capable application
Processor that is connected only to sensor smart transducer interface module that
can perform remote process such as monitor the temperature of a water bath in a
chemical processing plant through the Internet .This in turn has opened several
doors of opportunity for the growth of gas detection equipment market over the
upcoming years.
Among the geographies, Asia Pacific dominated the global gas detection equipment
market followed by North America. The growth in North America is mainly due to
the government regulations concerning workplace safety. Moreover, countries like
India and china are anticipated to show rapid increase in demand owing to the rise
in number of investment in chemical, petrochemical, power, steel and oil & gas
sectors. On the other hand, tremendous infrastructure development undertaken by
the developing economies such as Middle East, India and Brazil are expected to
drive the gas detection equipment market in the near future.
The prominent players identified in the gas detection equipment market are
Honeywell Analystics, Sierra Monitor Corporation and General Monitors. In
addition, Honeywell Analytics manufactures a full and comprehensive range of
products has set a benchmark for the industry in terms of quality, functionality, and
ease of use.
Segment Covered
The report on global gas detection equipment market covers segments such as,
sensor type, end-use industry and power source. On the basis of sensor type the
global gas detection equipment market is categorized into infrared sensors,
electrochemical sensors and metal oxide semiconductor (MOS) sensors. On the
basis of end-use industry the global gas detection equipment market is categorized
into oil &