Market Overview:

The Gas Detector Market size is estimated to reach $4.7 Billion by 2030, growing at a CAGR of 5.3% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Gas Detector Market – By Sensor Type (Ultrasonic Sensor, Electrochemical Gas Sensor, Infrared Sensor, Semiconductor Sensor, Optical Sensor, and Others), By Product (Fixed Gas Detector, Portable Gas Detector, and Others), By Application (Oil & Gas, Industrial, Mining, Building Automation [Commercial, Residential], and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Advancements in sensor technologies for high precision detection and Rising demand for portable & wearable gas detectors are expected to create growth opportunities in the market during forecast period.

North America Dominated the Market in 2023:

North America accounted for the largest share of 32% of the Gas Detector Market in 2023 followed by Europe and APAC. In 2022, according to the U.S. Energy Information Administration (EIA), the United States was the world's largest producer and consumer of crude oil, petroleum liquids, and biofuels. The U.S. accounted for 22% of the world's oil production in 2023, the demand for advanced gas detection systems is substantial, particularly in monitoring combustible and toxic gases.

Gas Detector Market: Key Takeaways

Stringent Government Regulations:

Stringent regulations pertaining to workers’ safety in manufacturing industries coupled with the need for mitigating risks has boosted deployment of gas detection systems. According to Environmental Protection Agency (EPA), the inspection of leak detection in this industry should be done every quarter or bi-annual of the year. Adoption of gas detectors with integration of OGI technology in oil and gas industries is set to fuel demand for the gas detectors market. Government regulations set standards for acceptable levels of exposure to toxic, flammable, or combustible gases in industrial environments. Gas detectors are essential tools for monitoring air quality and detecting the presence of hazardous gases, enabling proactive risk management and timely response to potential threats. By complying with regulatory requirements, businesses can mitigate the risk of accidents, injuries, and regulatory penalties.

Evolution of Communication Protocol for Wireless Integration of Gas Detectors:

The evolution of standardized digital communications, such as the Highway Addressable Remote Transducer (HART) protocol, can provide reliable communication and safety alerts during gas leakages. The HART protocol is a two-way communication protocol that provides data access between gas detectors and control systems, and offers real-time benefits to industries in relating accurate data to systems. Wireless integration enables real-time monitoring of gas levels and environmental conditions, providing instant alerts and notifications to operators or personnel in the event of gas leaks, anomalies, or hazardous situations. Wireless integration reduces installation time and labor costs, minimizes maintenance requirements, and enhances system reliability, ultimately delivering cost savings and productivity gains over the system's lifecycle. 

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Scope of the Report: 

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

5.3%

Market Size in 2030

$4.7 Billion

Segments Covered

By Sensor Type, By Product, By Application

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players
  1. ABB Ltd.
  2. Siemens AG
  3. Honeywell International Inc.
  4. Emerson Electric Co.
  5. Dragerwerk AG & Co. KGaA
  6. MSA Safety Inc.
  7. Teledyne Technologies Inc.
  8. Trolex Ltd.
  9. Riken Keiki Co., Ltd.
  10. SENSIT Technologies, LLC (Halma plc)

Recent Developments:

  • In January 2024, MSA Safety, Inc. announced the launch of its newest gas and flame monitoring solution, the SENTRY io® Controller. This new controller is a safety monitoring system for MSA gas and flame detectors that helps reduce costs and provides access to data analytics that help to protect workers and facilities.
  • In October 2023, Teledyne Gas and Flame Detection announced the launch of an innovative cloud-based dashboard service ‘Teledyne GDCloud™’ tailored for their range of portable gas detectors.
  • In March 2023, Japanese manufacturer-Riken Keiki Co., Ltd. has launched the portable multi gas detector GX-9000 SERIES, is an innovative gas detector capable of simultaneously detecting up to 6 gases and withstanding harsh environments ranging from -40°C to +60°C.

Gas Detector Market: Competitive Landscape

Key companies profiled in the Gas Detector Market are ABB Ltd., Siemens AG, Honeywell International Inc., Emerson Electric Co., Dragerwerk AG & Co. KGaA, MSA Safety Inc., Teledyne Technologies Inc., Trolex Ltd., Riken Keiki Co., Ltd., SENSIT Technologies, LLC (Halma plc), and Others.

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