June 23, 2022
According to the research report titled ‘Global Portable Gas Detectors Market 2022-2028’, available with MarketStudyReport, global portable gas detectors market size is anticipated to surge at a growth rate of 4.9% through 2028 and amass a valuation of USD 2178 million by the end of the forecast timeframe.
Gas detectors play a crucial role in measuring & monitoring depletion of combustible or toxic gases, thereby aiding in the prevention of any kind of explosion or harm to the workers and drastically reducing the risk of expensive downtime, which in turn is pushing global portable gas detectors market forward.
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Apart from growth drivers and opportunities, the report offers an insightful analysis on critical metrics such as the market size, latest developments, and scope for expansion, while also investigating current and upcoming challenges and precise solutions to mitigate their impact.
Taking the analysis further, worldwide portable gas detectors market space is bifurcated on the basis of product (active, passive), technology (semiconductor gas sensors, photoionization gas detector, catalytic gas detectors, infrared (IR) gas sensors, electrochemical gas sensors, others), application spectrum (volatile organic compounds (VOCs), nitrogen oxide, oxygen, carbon monoxide, carbon dioxide, others), and end use vertical (transportation, oil & gas, mining, petrochemicals & chemicals, fire services, residential, others).
Speaking of product type, the active portable gas detector segment is anticipated to hold the largest industry share in the forthcoming years.
From a regional frame of reference, North America, Asia Pacific, and Europe are critically analyzed in the document for stakeholders to understand the growth prospects of each regional market and invest accordingly to amplify their profit margins.
Speaking of competitive framework, Trolex Ltd., Teledyne Technologies Inc., Tyco Fire and Integrated Solutions (UK) Ltd., Industrial Scientific Corporation, Honeywell International Inc., Sensormatic Electronics Corporation, RKI Instruments Inc., GIG Instrumentation Inc., MSA Safety Inc., Detection & Measurement Systems Inc. (DMS), Bacharach Inc., Dragerwerk AG & Co. KGaA, and CO2 Meter Inc. are the key players in global portable gas detectors industry.