The global gas detection equipment market is projected to record a CAGR of 6.30% during the forecast period due to the Increasing implementation of stringent safety regulations across the globe.

The global gas detection equipment market is projected to record a CAGR of 6.30% during the forecast period due to the Increasing implementation of stringent safety regulations across the globe.

Market Research Future has published a cooked research report on the Global Gas Detection Equipment Market, 2018–2030. The global gas detection equipment market is projected to exhibit a CAGR of 6.30% during the forecast period of 2021 to 2030.


Market Research Future has recognized the following companies as the key players in the Global Gas Detection Equipment Market: Siemens AG (Germany), Honeywell International Inc. (US), General Electric Company (Liechtenstein), Thermo Fisher Scientific Inc. (US), Emerson Electric Co. (US), Industrial Scientific (US), Sensor Electronics Corporation (US), CONSPEC Controls (Pennsylvania), Drägerwerk AG & Co. KGaA (Germany), RKI Instruments, Inc. (US), and MSA Safety Inc. (US).


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Gas Detection Equipment Market Research Report


Gas Detection Equipment Market Highlights


The global gas detection equipment market is projected to be valued at USD 7,695.9 million by 2030, recording a CAGR of 6.30% during the forecast period. Increasing implementation of stringent safety regulations across the globe is anticipated to act as one of the significant factors for the rising growth of global market during the forecast period. On the other hand, growth of the end use industries has been witnessing a substantial growth over the last few years which in turn accelerates the demand of gas detection equipment market during the forecast period.


Segmental Analysis


The global gas detection equipment market has been segmented based on product type, function,  sales channel and region.


Based on product type, the global gas detection equipment market has been segmented into fixed gas and portable gas systems. The fixed gas system segment accounted for the largest market share of 70.20% in 2020. Fixed gas systems have been in use for many years and are highly preferred in industrial and commercial settings. The systems are designed to increase the safety and security of workers from gases that are odorless, colorless, and harmful. These have been preferred in high threat areas. The fixed gas systems has increased in developing regions like Asia-Pacific and South America, with high investments in infrastructure, safety, and scaling up of multiple industries


Based on Technology, the global gas detection equipment market has been segmented into single-gas detection and multi-gas detection. The multi-gas detection segment accounted for the larger market share of 57.63% in 2020. Multi-gas detection equipment is bulkier in comparison with single-gas detection equipment. It contains multiple sensors for detecting gases and provides interfaces for better interaction with the users. The multi-gas detection equipment has been highly preferred in oil, gas, fuel storage, and coal manufacturing. The demand is expected to grow gradually during the forecast period


Based on end use, the global gas detection equipment market has been segmented into household, commercial, and industrial. The industrial segment accounted for the largest market share of 71.80% in 2020. Industrial usage of gas detection equipment covers demand from oil & gas, chemicals & specialty chemicals, mining, water treatment, semiconductors, and other sectors. The demand from oil & gas and chemicals & specialty chemicals has been significantly high compared to other sectors.


Regional Analysis


On the basis of region, the global gas detection equipment market has been categorized as North America, Europe, Asia-Pacific, Middle East & Africa and Central & South America. As per MRFR analysis, Asia-Pacific accounted for the largest market share of 31.37% in 2020, owing to the high number of chemical manufacturing plants, mature petroleum sector, significant manufacturing industry, robust demand from the industrial sector, and high penetration of major players in the region. China accounts for a major stake in the region, accounting for 49.46% of the market, and is expected to register a CAGR of 6.17% during the forecast period. The market in North America accounted for 22.38% of the global market in 2020 and the demand in the region is robust and is expected to continue during the forecast period. The high investments in maintaining security norms from commercial and industrial consumers are expected to benefit the market. The growing oil & gas sector and investments in petroleum refineries are expected to significantly boost the region's demand for gas detection equipment. The US accounts for the highest share in the regional market and is expected to dominate the market throughout the forecast period. Europe is one of the key markets for gas detection equipment and the demand in the region has shown gradual growth owing to the increasing investments in production of chemicals and active ingredients. The increase in demand for electronics and retail products and the growing automotive industry are expected to augment the growth of the gas detection equipment market in the region. The major countries in this region include Brazil, Argentina, and the Rest of Central & South America. Central & South America market accounts for 8.13% of the global market. Increasing investments in the region to develop local manufacturing units for chemicals, fungicides, pesticides, and other agricultural goods is expected to greatly benefit the demand for gas detection equipment.


Key Findings of the Study:



  • The global gas detection equipment market is projected to register a growth rate of 6.30% from 2021 to 2030.

  • The fixed gas system segment accounted for a larger market share of 70.20% in 2020 whereas, portable gas system segment is expected to exhibit the highest CAGR of 6.66% during the review period

  • The multi-gas detection segment accounted for a larger market share of 57.63% in 2020 whereas, the single-gas detection segment is projected to register the highest CAGR of 6.36% during the forecast period.

  • The industrial segment accounted for the largest market share of 71.80% in 2020, while the commercial segment is expected to exhibit the highest CAGR of 6.63% during the review period.

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