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Press release content from Business Wire. The AP news staff was not involved in its creation.

$3+ Billion Wireless Gas Detection Market - Global Forecasts to 2024 - ResearchAndMarkets.com

April 3, 2019

DUBLIN--(BUSINESS WIRE)--Apr 3, 2019--The “Wireless Gas detection Market - Forecasts from 2019 to 2024” report has been added to ResearchAndMarkets.com’s offering.

The wireless gas detection market is projected to grow at a CAGR of 14.50% to reach US$3,019.736 million by 2024, from US$1,340.440 million in 2018.

The number of factory related accidents has been growing steadily over the years while simultaneously, the regulations regarding the worker’s safety are becoming more stringent. As such, the installation of wireless gas detectors in the manufacturing facility is increasing in order to reduce the factory related accidents.

Furthermore, the growing investment in increasing the automation level within a facility is further supplementing the growth of the market. In August 2018, Macurco Gas Detection, a division of Aerionics, Inc, launched its innovative portable gas detection line AimSafety’ in order to enhance worker’s safety from the threat of workplace toxic gases.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research.

Major industry players profiled as part of the report are Honeywell International, Inc., Drgerwerk AG & Co. KGaA, MSA, and Johnson Control among others.

Key Topics Covered:

1. Introduction

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base and Forecast Years Timeline

2. Research Methodology

2.1. Research Design

2.2. Secondary Sources

3. Executive Summary

4. Market Dynamics

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Force Analysis

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. Wireless Gas Detection Market by Technology Type

5.1. Wifi

5.2. Bluetooth

5.3. Cellular

5.4. Others

6. Wireless Gas Detection Market by Component

6.1. Hardware

6.2. Software

6.3. Service

7. Wireless Gas Detection Market by Industry Vertical

7.1. Oil & Gas

7.2. Chemical

7.3. Metallurgy

7.4. Energy & Power

7.5. Others

8. Wireless Gas Detection Market by Geography

8.1. North America

8.1.1. USA

8.1.2. Canada

8.1.3. Mexico

8.1.4. Others

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.2.3. Others

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Others

8.4. Middle East and Africa

8.4.1. Saudi Arabia

8.4.2. Israel

8.4.3. Others

8.5. Asia Pacific

8.5.1. China

8.5.2. Japan

8.5.3. India

8.5.4. Others

9. Competitive Intelligence

9.1. Competition and Offerings Analysis of Key Vendors

9.2. Recent Investment and Deals

9.3. Strategies of Key Players

10. Company Profiles

10.1. Honeywell International, Inc.

10.2. Drgerwerk Ag & Co. Kgaa

10.3. Msa

10.4. Johnson Control

10.5. Pem-Tech, Inc.

10.6. Trolex, Ltd

10.7. Schauenburg International Gmbh

10.8. Risco Group

10.9. Yokogawa Electric Corporation

10.10. Aerionics, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/vc5spp/3_billion?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190403005570/en/

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Related Topics:Gas and Chemical Sensors



SOURCE: Research and Markets

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PUB: 04/03/2019 10:13 AM/DISC: 04/03/2019 10:13 AM