The Global Wireless Gas Detection Market is projected to reach a value of over USD 2.2 billion by 2027 at a CAGR of around 5.6%.
Wireless gas monitoring technology is used to provide an early warning of the presence of toxic gas leading to enhanced personnel safety. Monitoring remote areas is typically very difficult and dangerous. It is often cost prohibitive to install and operate conventional gas detection systems at these sites. Wireless gas monitors help to solve a critical safety problem in remote applications both reliably and cost-effectively. Wireless solutions provide proven long-term results, even in the harshest of environments, by combining battery-powered sensors and integrated radio-frequency (RF) technology operating over license-free frequency bands.
Wireless Gas Detection Market: Drivers & Restraint
Market Driver:
The use of various types of gases has become integral in our daily lives. They have endless applications, ranging from the use of Liquefied Petroleum gas (LPG) for cooking and Compressed Natural gas in automobiles to innumerable gases such as Carbon Monoxide, Town gas, Coal gas, and other forms of Natural gas that are found to play a pivotal part in industries. Industrial gas leaks cause accidents and pose threats to the environment and human life. Thus, it is essential to detect gas leaks in time. With the advancement in the technologies, the wired or traditional gas detectors cannot measure accurate gas leak percentage in the air and accident happens. Hence it will expect to increase the demand for wireless gas detectors to detect the gas with higher accuracy, reliability, and flexibility.
Market Restraint:
The wireless gas detectors are very advantageous than wired gas detectors in terms of accuracy and flexibility. The wireless gas detectors contain routers, controllers, and wireless technology transmitter and receiver to control the sensors which are present in gas detectors. These component are not present in traditional or wired gas detectors and hence it is costlier than traditional ones. The small and medium scale industries cannot afford these gas detectors and hence it will restrain the market during forecast period.
Wireless Gas Detection Market: Report Scope
The report on the wireless gas detection market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
|
Report Features |
Specifics |
|---|---|
|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
|
Base Year for Market Calculation |
2020 |
|
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
|
Measured Units |
Value (USD Million) |
|
Segments Included |
Component, Technology, End Use Industry, and Region |
|
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Wireless Gas Detection Market, by Component
Wireless Gas Detection Market, by Technology
Wireless Gas Detection Market, by End Use Industry
Wireless Gas Detection Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Wireless Gas Detection MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
