Dec 16 2013
Research and Markets has announced the addition of the "Global Gas Detection Equipment Market 2014-2018" report to their offering.
The Global Gas Detection Equipment market to grow at a CAGR of 4.41 percent over the period 2013-2018.
One of the major drivers in this market is the increase in government safety regulations. Air pollution is affecting people's health both inside and outside manufacturing premises. Therefore, laws and policies have been formulated to control the emission of harmful gases from these plants.
Industrial processes have become riskier for workers with the advancement in technology. Many gases such as carbon monoxide, ammonia, fluorine, chlorine dioxide and others are released during the manufacturing process. Any human contact with these gases can be detrimental to health. Wireless gas detectors allow for the remote detection of these gases so that they can be monitored from a distance and controlled in case of leakage. Hence, wireless gas detectors are increasingly used in areas such as mining, industrial processes, building technology, and households to improve safety and prevent mishaps.
Further, the report states that one of the major challenges in this market is price erosion due to intense competition among vendors. Attracted by the big opportunities in the market, many new vendors with innovative technologies are entering the market. This has led to price wars, price erosion and lower prices of gas detection equipment.
The key vendors dominating this market space are:
- Mine Safety Appliances
- Honeywell International Inc.
- Drägerwerk AG & Co.
- Industrial Scientific Corp
Other vendors mentioned in the report are:
- OTIS Instruments
- Tyco International
- Sierra Monitor Corporation
- Sensor Electronics Corporation.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by Technology
08. Market Segmentation by Product
09. Market Segmentation by End-users
10. Geographical Segmentation
11. Key Leading Countries
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
20. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/3lg4sn/global_gas