June 23, 2022
According to the research report titled ‘Gas Detection Equipment Market in North America 2022 - Industry Briefing’, available with MarketStudyReport, gas detection equipment market in North America was worth USD 931 million in 2021 and is slated to expand at 3.2% CAGR during 2022-2028, generating a revenue of USD 1157 million by the end of 2028.
Emphasis on plant safety, particularly in the vicinity of commercial areas, rising awareness about the harmful effects of long-term exposure to toxic gases, and soaring demand for the safety of household and medical sectors are variables propelling the expansion of gas detection equipment market in North America.
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For the unaware, gas detection is frequently required for a variety of reasons. The use of a gas monitoring system help in detecting dangerously high levels of gases, thereby preventing an explosion or staff injury and eliminating unnecessary expenses.
Despite the optimistic outlook, the longer response time of gas detectors is likely to hamper the progress of industry in the forthcoming years.
In terms of product type, the business sphere is categorized into gas detector tubes, fixed gas detectors, and portable gas detectors. With respect to end-use ambit, gas detection equipment industry in North America is split into water treatment, chemicals, oil & gas, food processing, utilities, and others.
Geographically, a comprehensive market assessment is conducted in two major countries namely Canada and United States, making the report a valuable asset for future investors and new entrants.
The established names amplifying the competitive scope of gas detection equipment marketplace in North America are Trolex Ltd., Aerionics Inc., Teledyne Technologies Incorporated, Blackline Safety Corp., Sensor Electronics Corporation, Carrier Global Corporation, RKI Instruments Inc., Dragerwerk AG & Co. KGaA, Process Sensing Technologies Ltd. (PST), Emerson Electric Co., MSA Safety Incorporated, GfG Instrumentation Inc., ION Science Inc., Global Detection Systems Corp. (GDS), Interscan Corporation, Halma plc, Industrial Scientific Corporation, and Honeywell International Inc. among others.