What is the current Global Gas Detection System Market size?

The Global Gas Detection System Market is projected to register a CAGR of 9.40% during the forecast period (2024-2029) Read More

Who are the key players in Global Gas Detection System Market?

Honeywell International Inc., Drägerwerk AG & Co KgaA, Emerson Electric Company, SENSIT Technologies and Hanwei Electronics Group Corporation are the major companies operating in the Global Gas Detection System Market. Read More

Which is the fastest growing region in Global Gas Detection System Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Gas Detection System Market?

In 2024, the North America accounts for the largest market share in Global Gas Detection System Market. Read More

What years does this Global Gas Detection System Market cover?

The report covers the Global Gas Detection System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Gas Detection System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Gas Detection System Market - Growth, Size & Share

Gas Detection System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Gas Detection Equipment Market is Segmented by Communication Type (Wired, Wireless), Type of Detector (Fixed, Portable and Transportable), End-user (Oil and Gas, Chemicals and Petrochemicals, Water and Wastewater, Metal and Mining, Utilities), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Gas Detection System Industry Overview

The Gas Detection System market is significantly competitive. Over the past few years, the gas detection system market has witnessed an increase in the number of mergers and acquisitions (M&As), as well as in product innovation, to gain a competitive advantage. This trend is likely to continue in the future, thereby consolidating market participants.

October 2021 - Honeywell International Inc. released two new Bluetooth-connected gas detectors that can continuously monitor dangerous gases even in fog, rain, snow, and other inclement weather, helping facilities keep their oil and gas, petrochemical, chemical, and other workers and industrial sites safe.
September 2021 - International Gas Detectors Ltd. announced that it has partnered with mPower Electronics Inc., USA. This strategic partnership would allow IGD to offer mPower detectors, further extending their portable gas detector portfolio. The mPower range, which would be available through IGD, includes the NEO portable VOC detectors featuring PID sensors and POLI portable multi-gas portables, with nearly 40 different sensor options.
August 2021 - MSA Safety has been named Royal Dutch Shell's preferred portable gas detection equipment provider. This is part of a three-year deal to supply Shell's offshore and onshore facilities and installations worldwide with portable gas detection equipment and other safety technology. Shell and MSA have been partners for 30 years, and this deal extends their partnership.
July 2021 - Emtech Corporation, in partnership with eLichens, launched a new connected gas leak detector running on the LoRaWAN standard. Based on eLichens patented gas sensing technology, avolta can detect natural gas (methane) leaks with ultra-selectiveness, has no drift over time, and has been approved by research gas laboratories.
July 2021 - MSA Safety Incorporated, a safety equipment manufacturer, announced that it completed the acquisition of Bacharach Inc. in a transaction valued at USD 337 million. Based in New Kensington, Pennsylvania, Bacharach is a gas detection technologies provider used in the heating, ventilation, air conditioning, and refrigeration (HVAC-R) markets, with annual revenue of approximately USD 70 million.