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Global Wireless Gas Detection Market Size study, by Technology (Wi-fi, Bluetooth, License-free ISM band, Cellular technology, Others), by Offering (Hardware, Software, Services), By Application (Precision Farming, Agriculture Robots, Livestock Monitoring, Drone Analytics, Labor Management, Others),By End-user Industry (Oil & Gas, Chemicals and Petrochemicals, Utilities and Power Generation, Mining and Metals, Water and Wastewater Treatment Plants, Commercial Buildings and Public Facilities, Government and Military, Discrete Manufacturing Industries, Others) and Regional Forecasts 2021-2027

author

Bizwit Research

date

8 months ago

delivery time

1 business day

Global Wireless Gas Detection Market is valued approximately USD 1.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2021-2027.  


Wireless gas detection is a portable system, which is designed for real-time monitoring of toxic and combustible gases in the environment.  It is deployed as a safety system for detecting leakage of hazardous and explosive gases in industry. The detector is generally associated with a control system that automatically restricts the process in case of any emergency or leakage of gases. The growing demand for the wireless gas detector by the chemical industry, continuous technological developments, mergers & acquisitions by the key players, and extensive pertinence of gas detectors for industrial safety & environmental safety are the factors that may accelerate the market demand in the impending years. For instance, In May 2019, MSA Safety Incorporated has accomplished its acquisition of Sierra Monitor Corporation- a supplier of IIoT solutions and fixed gas and flame detection (FGFD) instruments.  Thus, these factors may boost the market demand across the globe. However, data security and privacy issues associated with the wireless communication devices impedes the growth of the market over the forecast period of 2021-2027. Also, the rising use of wireless gas monitoring systems in oil and gas drilling and exploration activities is anticipated to act as a catalyzing factor for the market demand during the forecast period.


The key regions considered for the global Wireless Gas Detection market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising needs for the safety of the workers, and the increasing requirement for evading industrial accidents caused by undetected gas leakage. Whereas, Asia-Pacific is  anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the increasing industrialization lead the pollution issues, coupled with the proliferation of the wireless gas detector products by commercial buildings and public facilities and rising pressure for ensuring workforce safety would create lucrative growth prospects for the Wireless Gas Detection market across the Asia-Pacific region.

 

Major market player included in this report are:
RAE Systems, Inc.
Yokogawa Electric Corporation
Oldham SAS
Tyco Gas & Flame
AirTest Technologies, Inc.
Bacharach, Inc.
California Analytical Instruments, Inc.
City Technology Ltd.
Crowcon Detection Instruments, Ltd.
Detector Electronics Corporation

 

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

 

The detailed segments and sub-segment of the market are explained below: 


By Technology
Wi-fi
Bluetooth
License-free ISM band
Cellular technology
Others


By Offering
Hardware
Software
Services


By Application
Industrial Safety
National Safety and Military Security
Environmental Safety


By End-user industry
Oil & Gas
Chemicals and Petrochemicals
Utilities and Power Generation
Mining and Metals
Water and Wastewater Treatment Plants
Commercial Buildings and Public Facilities
Government and Military
Discrete Manufacturing Industries
Others

 

By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

 

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

 

Target Audience of the Global Wireless Gas Detection Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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