Air and Gas Leak Detector Market Size to Increase by USD 353.76 Million | Market Research Insights Highlights Increase in Number of Industry Security Performance Standards as Key Factor

Supplier Information

The Air and Gas Leak Detector market is fragmented in terms of product characteristics, pricing and monitoring services and vendors are deploying organic and inorganic growth strategies to compete in the market.

Air and gas leak detectors are marketed directly and indirectly through suppliers, regional players and approved distributors. Industries such as oil and gas, chemicals and petrochemicals, power generation, metals and mining, water and wastewater, food and beverage, and pharmaceuticals prefer established detector suppliers of air and gas leaks due to their high brand value and expertise in remote and real fields. time tracking techniques.

The report analyzes the competitive landscape of the market and offers information about several vendors of the market, including:

  • ABB SA
  • Danaher Corp.
  • Dragerwerk AG & Co. KGaA
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • MSA Security Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp.

Discover additional highlights on the growth strategies adopted by suppliers and their product offerings, Read a free sample report.

Geographic market analysis

APAC will provide maximum growth opportunities in the Air and Gas Leak Detector market during the forecast period. According to our research report, the region will contribute 50% of the global market growth and is expected to dominate the market until 2025.

China is the key market for air and gas leak detectors in APAC. The expansion of the air and gas leak detector market in APAC is fueled by advancements in IoT and remote monitoring. The increase in adoption of new security systems and domestic demand, coupled with the growing number of security applications with cost-effective monitoring solutions, will drive the growth of the air and gas leak detector market in APAC.

In addition, countries like the United States, China, Germany, and Russian Federation are expected to become prominent markets for the air and gas leak detector market during the forecast period.

Learn more about the geographic spread of this market along with the detailed analysis of major regions. https://www.technavio.com/report/air-and-gas-leak-detectors-market-industry-analysis

Analysis of key segments

The air and gas leak detectors segment is segmented by fixed detector, portable detector and detector tube. Among these air and gas leak detectors, the market share growth of the fixed detector segment will be significant during the forecast period. In these detection systems, the gas control panel interfaces with gas detection sensors installed on the wall. They help detect harmful gases and protect industrial sites against the risk of flammable gas explosions.

Demand for fixed leak detectors comes from industries including chemicals, petrochemicals, textiles, food and biotechnology. Continuous monitoring of gas emissions in areas such as industrial units, laboratories and other locations is required in these businesses and is operational throughout their lifespan after installation. An increase in the production of fixed detectors will boost the global air and gas leak detector market during the forecast period.

See the FREE sample: to know additional highlights and key points on various market segments and their impact in the years to come.

Main market drivers and trends:

The increase in the number of industry safety performance standards is particularly driving the growth of the air and gas leak detector market. With population growth and industrialization in all regions, there is an increasing demand for energy sources, resulting in increased exploration activity around the world. The implementation of IEC 61511 and S84.01 standards for A&G detection systems has become more stringent in recent years. In addition, a revised version of an International Society of Automation (ISA) technical report, TR84.00.07, intended to provide guidance on evaluating the effectiveness of A&G detection systems, is currently underway. review, which will help the market to grow even faster. over the forecast period.

Download a free sample for highlights on the market drivers and challenges affecting the air and gas leak detector market.

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Associated reports:

IoT Sensors Market by Type and Geography – Forecast and Analysis 2022-2026

Scope of the Air and Gas Leak Detector Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a 3% CAGR

Market growth 2021-2025

$ 353.76 million

Market structure

Fragmented

Annual growth (%)

2.13

Regional analysis

APAC, North America, Europe, MEA and South America

Efficient contribution to the market

APAC at 50%

Main consumer countries

United States, China, Germany and Russian Federation

Competitive landscape

Leading companies, Competitive strategies, Scope of consumer engagement

Key companies profiled

ABB Ltd., Danaher Corp., Dragerwerk AG & Co. KGaA, Emerson Electric Co., Honeywell International Inc., Johnson Controls International Plc, MSA Safety Inc., Schneider Electric SE, Siemens AG and Yokogawa Electric Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Analysis of COVID 19 Impact and Recovery, and Future Consumer Dynamics, Market State Analysis for the forecast period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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