Global Wireless Gas Detection Systems Market: Overview
A device utilized to sense a gas present in a system is known as a wireless gas detection system. Being an element of the safety system, it is utilized to sense leakage of any explosive and hazardous gases in the industry. Usually, the detector is attached to a control system, which stops the process automatically in any emergency situations or any leakage cases. Wireless gas detection systems allow safety in real-time as well as security threat detection in order to aid diminish risk and also guard contractors, workers, the industry assets, and the public. These systems offer high reliability, flexibility, and accuracy in the detecting gas leaks and also preventing any major accidents.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Wireless Gas Detection Systems Market: Growth Factors
Constant advancements in safety solutions along with sensor technology, vendors focusing on improving sensors’ response time are the major factors boosting the growth of the global wireless gas detection systems market. Major past catastrophes, for example, Bhopal gas tragedy and the Chernobyl disaster, have enforced the governments all around the world to prepare safety rule for detection of any gas leakage. This, in turn, results in rising investments and boosting the growth of the global wireless gas detection systems market. On the other hand, the high price associated with the development of such wireless detection systems acts as a major factor restraining the global wireless gas detection systems market growth.
Global Wireless Gas Detection Systems Market: Segmentation
The global wireless gas detection systems market is segmented based on wireless technology, type, and end user. On the basis of wireless technology, the global wireless gas detection systems market is classified as Bluetooth, Wi-Fi, license-free ISM band, cellular, and others. Further, the others sub-segment has NFC (Near Field Communication) and Wireless HART. Based on the type, the global wireless gas detection systems market is diversified as software, hardware, and services. The hardware segment is sub-segmented as wireless routers/gateways, wireless sensors/detectors, wireless repeaters and transmitters, and accessories, wireless gas controllers & monitors. Further based on the end user, the global wireless gas detection systems market is segmented as petrochemicals and chemical, oil & gas, mining and metals, power generation and utilities, public facilities and commercial buildings, discrete manufacturing industry, water and wastewater plants, military and government, and others. The others segment is further sub-segmented as marine industry, pharmaceuticals, agriculture, food & beverages, and paper & pulp.
Global Wireless Gas Detection Systems Market: Regional Analysis
The Asia Pacific is anticipated to witness high growth in the near future in the global wireless gas detection systems market. This trend is expected to be followed by the RoW (Rest of the World). The high growth in the Asia Pacific is mainly contributed to the increasing number of numerous industries, which in turn is anticipated to increase the wireless gas detection systems adoption specifically for industrial applications as far as safety is concerned mainly in developing countries including South Korea, Japan, and India.
Global Wireless Gas Detection Systems Market: Competitive Players
Some of the major players dominating the global wireless gas detection systems market are PemTech Inc., Siemens AG, Honeywell International, Inc., Tyco Gas and Flame Detection, Drägerwerk AG & Co. KGaA, Yokogawa Electric Corporation, United Electric Controls, Emerson Electric Co., General Electric Company, Agilent Technologies, Inc., and Sensidyne, LP.
Global Wireless Gas Detection Systems Market: Regional Segment Analysis
What Reports Provides