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The Air and Gas Leak Detectors Market size to grow by USD 353.76 million| Market Research Insights highlight The increase in the number of industry safety performance standards as Key Driver

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The air and gas leak detector market is fragmented in terms of product features, pricing, and monitoring services, and vendors are implementing organic and inorganic growth strategies to compete in the market.

Air and Gas Leak Detectors are sold directly and indirectly through certified suppliers, regional agents, and distributors. Industries such as oil and gas, chemical and petrochemical, power generation, metals and mining, water and wastewater, food and beverage, and pharmaceutical prefer established suppliers of air and gas leak detectors due to their high brand value and expertise in remote and real areas. time tracking techniques.

The report analyzes the competitive landscape of the market and provides information on various vendors in the market, including:

  • ABB Ltd.
  • Danaher Corp.
  • Dragerwerk AG & Co. KGaA
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • MSA Safety Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp.

Find additional highlights on growth strategies adopted by vendors and their product offerings, Read free sample report.

Geographic market analysis

APAC will provide maximum growth opportunities in the air and gas leak detector market during the forecast period. According to our research report, the region will contribute 50% of the global market growth and is expected to dominate the market until 2025.

China is the key market for air and gas leak detectors in APAC. The expansion of the air and gas leak detector market in APAC is driven by advancements in IoT and remote monitoring. Increasing adoption of new security systems and internal demand, coupled with the growing number of security applications with cost-effective monitoring solutions, will drive the growth of the air and gas leak detector market in APAC.

Also, countries like the USA, China, Germany, Y Russian Federation they are expected to emerge as prominent markets for the air and gas leak detector market during the forecast period.

Learn more about the geographic distribution of this market along with detailed analysis of the major regions. https://www.technavio.com/report/air-and-gas-leak-detectors-market-industry-analysis

Key segment analysis

The air and gas leak detector segment is segmented by: fixed detector, portable detector and detector tube. Among these air and gas leak detectors, the market share growth of the fixed detectors segment will be significant over the forecast period. In these detection systems, the gas control panel interacts with the gas detection sensors installed on the wall. They help in the detection of harmful gases and the protection of industrial sites from the risk of explosions of flammable gases.

Demand for fixed leak detectors arises from industries, including chemical, petrochemical, textile, food, and biotech. These companies require continuous monitoring of gas emissions in areas such as industrial units, laboratories and other locations, which are operational for their entire useful life after installation. An increase in the production of fixed detectors will boost the global market for air and gas leak detectors during the forecast period.

See FREE sample: learn about additional highlights and key points in various market segments and their impact in the coming years.

Main Market Drivers and Trends:

The increase in the number of industry safety performance standards is significantly driving the growth of the air and gas leak detector market. With the growing population and industrialization in all regions, there is a growing demand for energy sources resulting in an increase in exploration activities around the world. The implementation of the IEC 61511 and S84.01 standards for A&G detection systems has become more stringent in recent years. In addition, a revised version of a technical report from the International Society for Automation (ISA), TR84.00.07, is being reviewed, which aims to provide guidance on evaluating the effectiveness of A&G detection systems, which will help the market develops even faster. during the forecast period.

Download free sample to learn about the highlights of the market drivers and challenges affecting the air and gas leak detector market.

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Air and Gas Leak Detector Market Scope

Report coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 353.76 million

Market structure

Fragmented

Year-on-year growth (%)

2.13

Regional analysis

APAC, North America, Europe, MEA and South America

Making contribution to the market

50% APAC

Key consumer countries

United States, China, Germany and the Russian Federation

Competitive landscape

Leading companies, Competitive strategies, Scope of consumer engagement

Key companies profiled

ABB Ltd., Danaher Corp., Dragerwerk AG & Co. KGaA, Emerson Electric Co., Honeywell International Inc., Johnson Controls International Plc, MSA Safety Inc., Schneider Electric SE, Siemens AG and Yokogawa Electric Corp.

Market dynamics

Core Market Analysis, Market Growth Drivers and Obstacles, Fast and Slow Growth Segment Analysis, COVID 19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Condition Analysis for Forecast Period

Scope of customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

About us:

Technavio is a world leader in technology research and consulting. His research and analysis focus on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Its customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market insights to identify opportunities in markets. existing and potential markets and assess their competitive positions within changing market scenarios.

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