Global Gas Analyzer, Sensor, and Detector Market Report 2019: Market is Expected to Reach USD 4,523.2 Million by 202 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2019--
The “Gas Analyzer, Sensor, and Detector Market - Growth, Trends, and Forecast (2019-2024)” report has been added to ResearchAndMarkets.com’s offering.
Gas Sensor, Detector and Analyzer Market is expected to reach USD 4,523.2 million by 2024, at a CAGR of 3.8% during the forecast period. (2019 - 2024).
The market has become an integral part of several industries in recent years. This is majorly due to its effective contribution in preventing disasters related to gas leakages and explosions. Hence, the demand for gas analyzers, sensors, and detectors is expected to grow at a significant rate, during the forecast period.
Scope of the Report
Gas analyzers, sensors, and detectors are safety devices used in the commercial, medical, industrial, and several other industries. These devices continuously analyze and monitor the concentration of gases in different end-user industries, and thus, provide life safety and help avoid fire breakouts.
Key Market Trends
Oil & Gas Industry to have the Highest Adoption Rate for Gas Analyzers
North America Market for Gas Analyzer Estimated to Grow Significantly
The competitive landscape of the global gas analyzer, sensor, and detector market is fragmented due to the presence of many players across the globe. Currently, some of the prominent companies are developing products across the detector, as well as the analyzer segment having application across clinical assaying, environmental emission control, explosive detection, agricultural storage, and shipping, along with workplace hazard monitoring.
For more information about this report visit https://www.researchandmarkets.com/r/xmoz03
View source version on businesswire.com:https://www.businesswire.com/news/home/20191220005256/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: OTHER MANUFACTURING MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 12/20/2019 07:14 AM/DISC: 12/20/2019 07:14 AM