Gas Detection Equipment Market Size, Share, And Growth Report 2032

Gas Detection Equipment Market: Size

The global Gas Detection Equipment Market size was worth around USD 5.31 billion in 2023 and is predicted to grow to around USD 13.47 billion by 2032 with a compound annual growth rate (CAGR) of roughly 10.9% between 2024 and 2032.

The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the Gas Detection Equipment Market on a global and regional level.

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Gas Detection Equipment Market: Overview

Gas detector equipment detects the existence of numerous gases in a zone alongside indicating and quantifying the concentration of certain gases in the atmosphere by using several technologies, regularly as a part of the safety system. Gas detection equipment is used in different industries for the purpose of safety.

The global gas detection equipment market is likely to experience significant growth over the upcoming years, owing to the huge rise in the demand for plant safety coupled with workers’ safety. Obedience with the mandatory safety rules, policies, and environmental regulations are expected to further fuel the global gas detection equipment market within the forecast time period. Rising awareness among several industries about workers’ health is also expected to increase the demand for gas detection equipment in the years to come. However, the slowdown in the growth of manufacturing, industrial, and construction industries may hamper the growth of the gas detection equipment market globally in the future. Alternatively, the escalating demand for safety in medical and household sectors in emerging countries, such as India and China, is likely to create new opportunities for the major market players.

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Gas Detection Equipment Market: Segmentation

The study provides a crucial view of the gas detection equipment market by segmenting it based on product type, gas type, technology type, end-use, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

On the basis of product type, the global gas detection equipment market includes portable gas system and fixed gas system. The fixed gas system segment dominated the global market and accounted for a significant share in 2023.

On the basis of gas type, the global gas detection equipment market includes flammable, oxygen, and toxic.

By technology type, the global gas detection equipment market is bifurcated into single-gas detection and multi-gas detection.

The application segment of the market comprises food and beverage, oil and gas, chemicals and specialty chemicals, mining, emergency services, water treatment, power generation/utilities, building automation and construction, semiconductors, and others.

Gas Detection Equipment Market: Report Scope

Gas Detection Equipment Market: Regional Analysis

The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa along with the key countries like the U.S., UK, Germany, France, China, Japan, India, Brazil, and South Africa.

In 2023, North America was the largest gas detection equipment market, due to the mandatory government regulations, such as compulsory adoption of carbon monoxide (CO) gas leak detector in each and every home across the region. The Asia Pacific gas detection equipment market is anticipated to be the fastest growing region over the next few years, owing to the increasing demand for gas detection equipment, especially from food and beverage, oil and gas, healthcare, dairy, and chemical industries.

Gas Detection Equipment Market: Competitive Players

The major players of the global gas detection equipment market are:

• Industrial Scientific Corporation
• MSA Safety
• Drägerwerk
• Honeywell International
• Riken Keiki
• General Electric
• Siemens
• Thermo Fisher Scientific
• RAE Systems
• Emerson Electric
• Sensor Electronics
• ESP Safety
• Airtest Technologies
• Tyco International
• Trolex

The Global Gas Detection Equipment Market is segmented as follows:

Global Gas Detection Equipment Market: Product Type Analysis

• Portable Gas System
• Fixed Gas System

Global Gas Detection Equipment Market: Gas Type Analysis

• Flammable
• Oxygen
• Toxic

Global Gas Detection Equipment Market: Technology Type Analysis

• Single-Gas Detection
• Multi-Gas Detection

Global Gas Detection Equipment Market: End-Use Analysis

• Food and Beverages
• Oil and Gas
• Mining
• Chemicals and Specialty Chemicals
• Emergency Services
• Water Treatment
• Power Generation/Utilities
• Building Automation and Construction
• Semiconductors
• Others

Global Gas Detection Equipment Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa