Market News Today Industrial Gas Alarm Market | Page 2

On an industrial level, gas alarm systems also enable a safety net for workers and employees thus
avoiding any potential loss. Commercially, the manufacture of industrial gas alarm systems is
expected to rise, with the growth in manufacturing units and prevalence of manufacturing sector
since long. Driving factors responsible for the growth of industrial gas alarm industry includes
stringent norms and regulations by government. Also, the emphasis on safety of workers and safety
concerns are some prominent factors adding to the growth of this market. Additionally, the rising
demand for energy also accelerates the market growth since availability of large customers on a global
scale. However, rise in competition level leading to decrease in profit margin hinders the market
growth.
Based on segmentation by product, the industrial gas alarm market includes fixed gas detectors and
portable gas detectors. Fixed gas detector segment is expected to gain a significant growth in the
forthcoming period. Also, portable gas detector segment is expected to witness a higher growth in
the near future due to flexibility and high quality features.
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Geographically, industrial gas alarm market spans North America, Latin America, Europe, Asia-Pacific,
Middle-East and Africa. North America market accounted for a large share in the industrial gas alarm
market owing to emphasis on usage by government organizations. APAC market is also expected to
gain a significant growth in the global market due to high industrial growth and increasing usage of
advanced technology. Other factors such as rise in gas exploration activities and rise in use of gas
equipment device adds to the growth of industrial gas alarm industry.
The key players in the industrial gas alarm market include Industrial Scientific Corporation, Riken Keiki
Co. Ltd., Siemens AG, Trolex Ltd., Mine Safety Appliances, RAE Systems Inc., Sensidyne, LP, Honeywell
Analytics, GE Measurement & Control Solutions, ESP Safety Inc., Schauenburg International GmbH,
Drägerwerk AG & Co. KGaA, and Sensor Electronic.
Market Segment:
This report studies Industrial Gas Alarm in Global market, especially in North America, Europe,
China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with