Portable Gas Detection Equipment Market Outlook
According to a new report by Expert Market Research titled, “Global Portable Gas Detection Equipment Market Size, Share, Trends, Growth, Key Players, Report and Forecast 2024-2032, the global portable gas detection equipment market reached a value of approximately USD 2.64 billion in 2023. Aided by the growing emphasis on safety measures in industrial environments and the increasing applications of portable gas detection equipment in various sectors, the market is projected to further grow at a CAGR of 5.50% between 2024 and 2032, reaching a value of USD 3.61 billion by 2032.
Portable gas detection equipment is designed to identify the presence and concentration of specific gases in the surrounding environment. These detectors play a crucial role in maintaining safety in industrial settings, preventing hazardous gas leaks that could lead to accidents or harm to the workers’ health, thus aiding the portable gas detection equipment market growth. Apart from their primary function of gas detection, these devices also exhibit traits such as compactness, mobility, and durability, making them essential in diverse industry verticals including oil and gas, mining, and manufacturing.
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The growing emphasis on industrial safety is a primary driver fuelling the global portable gas detection equipment market growth. With the rise in awareness about workplace hazards and the potential health effects associated with gas exposure, there has been a significant move towards the use of gas detection equipment in industrial settings. Moreover, stringent regulations and guidelines set by global safety agencies further mandate the use of these devices, leading to an upsurge in their demand.
The widening applications of portable gas detection equipment in various industries are also contributing significantly to the portable gas detection equipment market expansion. In the oil and gas industry, these detectors are used to monitor and control gas leaks, ensuring the safety of workers and efficiency of operations. In the mining sector, they are vital in detecting harmful gases, thus preventing potential mine disasters. The increasing use of these devices in chemical plants, power stations, and waste treatment facilities further substantiate their market growth.
Moreover, the constant innovations and technological advancements in the field are propelling the portable gas detection equipment market development. The latest devices offer enhanced detection capabilities, improved battery life, and wireless connectivity, adding to their utility and demand.
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Portable Gas Detection Equipment Market Segmentation
The market can be divided based on product, technology, sensor type, end use, and region.
Market Breakup by Product
- Wearable Gas Detectors
- Non-Wearable Gas Detectors
Market Breakup by Technology
- Single Gas Detection
- Multi Gas Detection
Market Breakup by Sensor Type
- Catalytic Sensors
- Infrared Sensors
Market Breakup by End Use
- Oil and Gas
- Energy and Utilities
- Mining and Construction
- Industrial
- Chemical
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global portable gas detection equipment companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Drägerwerk AG & Co. KGaA
- Thermo Fisher Scientific Inc.
- Nanjing KELISAIKE SAFETY Equipment Co., Ltd
- Hanwei Electronics Group Corporation
- Honeywell International Inc
- Johnson Controls International
- Uniphos Envirotronic Pvt Ltd
- WatchGas BV
- AAS Detection Solutions
- ABB Ltd
- Others
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