MarkNtel Advisors recently published a detailed industry analysis of The North America Gas Detection Equipment Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
North America Gas Detection Equipment Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The North America Gas Detection Equipment Market is projected to grow at a CAGR of around 8.26% during the forecast period, i.e., 2022-27.
Key Findings in North America Gas Detection Equipment Market:
- Historical Analysis: 2017–2020
- Base Year: 2021
- Forecast Period: 2022–2027
Leading Market Players- MSA Safety Incorporated, Honeywell International Inc., Teledyne Technologies Inc., General Electric Co., Emerson Electric Co., Thermo Fisher Scientific, Inc., RKI Instruments, Inc., Sensor Electronics Corporation, ENMET Corporation
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the North America Gas Detection Equipment Market?
Increasing Stringent Government Regulations for Industrial Safety- The increasing imposition of government regulations to solidify the safety measures for the industrial workforce as well as infrastructure has escalated the demand for gas detection equipment during the historical period. The regulatory authorities, such as the American Society of Heating Refrigeration & Air Conditioning Engineers, and the Occupational Safety & Health Administration, among various others, have made it mandatory to install the gas detection equipment to maintain safety & security around the industrial settings.
As a result, many research institutes & health organizations in the region are concerned about worker safety due to deteriorating air quality in industrial plants, which is driving the demand for gas detection equipment in the region. For instance, the American Conference of Governmental Industrial Hygienists (ACGIH) has provided a threshold limit of 25 parts per million (ppm) for an 8-hour workday. Consequently, the demand for gas detection equipment has experienced flourished demand in North America.
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What segments define The North America Gas Detection Equipment Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Type
-
- Fixed
- Portable
According to report, Among them, Fixed Gas Detection Equipment acquired a substantial share in the North America Gas Detection Equipment market during the historical period, owing to its major deployment around the pipelines, industrial chambers, large chemical storage facilities, etc.
By Gas Detector
-
- Single-Gas Detector
- Multi-Gas Detector
By Gas Type
-
- Combustibles & Flammables
- Toxics & Exotic Gases
- Oxygen Enrichment/Deficiency
By Technology
-
- Infrared (IR)
- Semiconductor
- Laser-based Detection
- Photo-Ionization Detector (PID)
- Others (Electrochemical, Catalytic, etc.)
According to report, Of them all, Infrared (IR) technology acquired a noteworthy share in the North America Gas Detection Equipment market during 2017-21.
By End-User
-
- Oil & Gas
- Chemical
- Healthcare
- Building/HVAC
- Consumer Goods
- Automotive
- Others (Environment, Food & Beverages, etc.)
Explore the Complete North America Gas Detection Equipment Market Analysis Report – https://www.marknteladvisors.com/research-library/north-america-gas-detection-equipment-market.html
Geographical Analysis: North America Gas Detection Equipment Market
By Country
- The US
- Canada
- Mexico
North America Gas Detection Equipment Market Recent Development:
- In 2021, Teledyne Technologies Incorporated acquired FLIR Systems, Inc., in a deal of around USD8.2 billion. This strategic acquisition would deepen Teledyne’s reach in the North American region as FLIR Systems specializes in portable imaging & detection systems.
- In 2017, Honeywell launched a new Bluetooth-enabled Sensepoint XRL fixed gas detector that monitors industrial operations for specific hazardous gases, such as carbon monoxide or methane.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of The North America Gas Detection Equipment Market?
- How is The North America Gas Detection Equipment Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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