Global Wireless Gas Detection Market, By Type (Wi-Fi, Bluetooth, Cellular, License-free ISM Band, Wireless hart and Near-Field Communication), Component and Service (Hardware, Software and Services), Application (Industrial Safety, National Security and Military Safety and Environmental Safety), End User (Oil and Gas, Chemical and Petrochemical, Utilities and Power Generation, Mining and Metals, Water and Wastewater Treatment Plants, Commercial Buildings and Public Facilities, Government and Military, Discrete Manufacturing Industries and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the wireless gas detection market will exhibit a CAGR of 5.74% for the forecast period of 2021-2028 and is expected to reach USD 2.24 billion by 2028. Rising adoption of internet of things by the manufacturing industries and rising awareness about the importance of workers safety will likely to drive the growth of wireless gas detection market.
Wireless gas detection is used to detect toxic gases in the air. A wireless gas detector monitors the level of toxic gases. In case the level of toxic gases go past a certain limit, the device send signal intimating gas leakage. This safety system is adopted to prevent leakage of hazardous gases that can have a serious impact over the workers. These systems are highly accurate, flexible and reliability.
Rising awareness regarding the adoption of workforce safety at workplaces will induce growth in the demand for wireless gas detection system. Rising cases of accidents at manufacturing units have further created lucrative growth opportunities for the wireless gas detection market. Increased focus by the government on workers safety is also responsible for bolstering the growth of the market. Rising adoption of internet of things is another factor fostering the market growth rate.
However, rising security risks and concerns will challenge the wireless gas detection market growth rate. Also, high costs associated with the wireless gas detection technology will restrict the scope of growth. Weak technological infrastructure in low and middle class economies will also challenge the market growth rate.
This wireless gas detection market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on wireless gas detection market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wireless Gas Detection Market Scope and Market Size
- The wireless gas detection market is segmented on the basis of type, component and service, application and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the wireless gas detection market is segmented into Wi-Fi, Bluetooth, cellular, license-free ISM band, wireless hart and near-field communication.
- On the basis of component and service, the wireless gas detection market is segmented into hardware, software and services. Hardware is further segmented into sensors/detectors, wireless gateways/wireless routers, wireless gas monitors and controllers and wireless transmitters and repeaters. Sensors/detectors are further sub segmented into catalytic sensors, infrared sensors, photoionization detectors, electrochemical sensors, metal-oxide-semiconductor (MOS) sensors and multiple sensor/detectors.
- On the basis of application, the wireless gas detection market is segmented into industrial safety, national security and military safety and environmental safety.
- On the basis of end user, the wireless gas detection market is segmented into oil and gas, chemical and petrochemical, utilities and power generation, mining and metals, water and wastewater treatment plants, commercial buildings and public facilities, government and military, discrete manufacturing industries and others.
Wireless Gas Detection Market Country Level Analysis
The wireless gas detection market is analysed and market size, volume information is provided by country, type, component and service, application and end user as referenced above.
The countries covered in the wireless gas detection market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America holds a significant market share in wireless gas detection market. This is because of the presence of major key players spread across countries in this region. Increased adoption of internet of things is fostering the market growth. Asia-Pacific on the other hand will undergo the highest growth rate during the forecast period owing to rapid urbanisation and industrialization.
The country section of the wireless gas detection market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wireless Gas Detection Market Share Analysis
The wireless gas detection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the wireless gas detection market.
The major players covered in the wireless gas detection market report are Emerson Electric Co., Honeywell International Inc., Agilent Technologies, Inc., Drägerwerk AG & Co. KGaA, Yokogawa India Ltd., MSA., Teledyne Technologies Incorporated., Siemens, United Electric Controls., Sensidyne, LP, Pem-Tech, Inc., Crowcon Detection Instruments., Tek Troniks Limited, Ambetronics Engineers Pvt.Ltd., Global Detection Systems Corp., Bacharach, Inc., Gastronics, TycoFIS, Beijing Sdl and 3M among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.