The global market for Gas Detection Equipment is projected to reach US$3.2 billion by 2024, driven by the increasing focus on personnel and plant safety; legislation of stringent occupational health and safety regulations; healthy consumption outlook for natural gas and the ensuing establishment of natural gas processing plants. Also poised to drive growth in the market are factors such as emerging popularity of wireless gas detectors and ultrasonic sensors; developments in sensor sensitivity; emerging new applications in chemical production, mining & metals; and rising costs of accidents caused by gas leaks and legal penalization for the same. All of these factors are encouraging investments in gas detection equipment in confined spaces and high-risk operational environments. Few of the benefits driving adoption of wireless gas sensors include plug-and-play convenience, low cost, unrivalled flexibility and safety, conduit-free installation, elimination of expensive wiring and cabling requirements, reduced maintenance, remote monitoring capabilities via radio communication and elimination of the need to repeatedly install and relocate detectors. The United States and Europe represent major markets worldwide supported by clear and precise conformance requirements for personnel and environmental safety. Asia-Pacific ranks as the fastest growing market with a CAGR of 6.9% over the analysis period led by factors such as presence of huge unconventional gas reserves across the region which will likely drive future investments in oil & gas upstream projects; large base of gas fired industrial plants; and steady growth of pharmaceutical, construction and mining sectors.  

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Summary of Findings
  • Expanding Use of Hydrogen Gas, a Relatively Dangerous Fuel, in Diverse Industrial Environments to Drive Demand for Hydrogen Gas Detection Equipment
  • Growing Significance of Multi-Gas Detectors in Compact Form Factors and With Enhanced Features to Benefit Market Expansion
  • Developments in Materials With Chemoresistor Properties such as Metal Oxide Semiconductors, Conductive Polymers, Carbon Nanotubes and Graphene Helps Reduce Fabrication Complexity and Costs Associated With Chemoresistive Sensors
  • Lower Power Consumption Characteristics Provide Bright Market Prospects for Polymer Gas Sensors
  • Infrared and Photoionization (PID) Technology Find Increased Use in the Detection of Oxygen, Hydrogen Sulfide, Carbon Monoxide and Combustible Gases

Timeline for Analysis
  • Market Estimates and Forecasts for 2016-2024
  • Historic Review 2011-2015

Geographic Markets Analyzed
  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil and Rest of Latin America)

Market Segmentation & Classification
  • Segments:
    • Fixed Gas Detection Equipment, Handheld/Portable Gas Detection Equipment, and Detector Tubes
  • End-Use Industries:
    • Oil & Gas, Power, Chemical, Mining & Metals, Water & Wastewater Treatment, and Others

Major Players
  • 3M Company
  • AirTest Technologies, Inc.
  • Bacharach, Inc.
  • California Analytical Instruments, Inc.
  • City Technology Ltd.
  • Crowcon Detection Instruments, Ltd.

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