China Gas Detector Equipment Market By Sensor Type (Ultrasonic Sensor, Electrochemical Gas Sensors, And Others), By Product Type (Fixed Gas Detectors And Portable Gas Detectors), By Application (Oil And Gas, Industrial , Mining, And Others) And By Region – China Forecast To 2031

Market.us announces the publication of its most recently generated research report titled, “China Gas Detector Equipment Market by Sensor Type (Ultrasonic Sensor, Electrochemical Gas Sensors, Infrared Sensors, Semiconductor Sensors, and others), By Product Type (Fixed Gas Detectors and Portable Gas Detectors), By Application (Oil and Gas, Industrial, Mining, Building Automation, and others) and by Region – China Forecast to 2028.”, which offers a holistic view of the China Gas Detector Equipment Market through systematic segmentation that covers every aspect of the target market.

The China Gas Detector Equipment Market is projected to be US$ 328.6 Mn in 2019 to reach US$ 693.4 Mn by 2029 at a CAGR of 7.8%.

Gas detector equipment is used to detect the presence of gases and gas hazards such as toxic gases, combustible gases, and oxygen deficiency in an area using various technologies such as electrochemical, infrared, semiconductor sensors, ultrasonic, and others. The devices are used to detect toxic combustible gases in order to maintain safety and health in hazardous environments to protect employees.

Increasing adoption of gas detection equipment all across the globe owing to stringent government regulations and environmental security and safety standards implemented across applications such as water treatment, food & beverages, chemicals & specialty chemicals, mining, emergency services, power, building automation & construction, and others. Installation of gas detector equipment is mandatory in many industries, and the increasing focus of various industries on advanced, multi-gas detectors, and portable gas detectors to maintain higher safety standards are expected to drive revenue growth of the target market. Demand for gas detection equipment in china is also increasing in order to maintain air quality, identify dangerous gases, particularly in commercial buildings, and avoid critical situations or incidents. This is anticipated to drive the gas detection equipment market in China over the forecast period.

China Gas Detector Equipment Market Revenue (US$ Mn), 2019–2029 

Increasing government initiatives in order to cater to current oil & gas demand volumes through the implementation of various policies, Foreign Direct Investment (FDI), and product development are among some other factors expected to support the growth of the global oil & gas market, which in turn is expected to support the growth of the target market over the forecast period. Increasing adoption of gas detection equipment, owing to stringent government regulations and environmental safety regulations implemented across different applications, gives a new way for the growth of the target market.

Technological advancements by major players to increase reliability and deployment flexibility, along with the digitalization process in oilfields are expected to support the growth of the China gas detector equipment market.

However, the technical issues pertaining to the new technologies are expected to restrain the market growth of the gas detection system. In addition, the high response time of the gas detectors with the change in the concentration of the gas is the major factor expected to hamper the growth of the China gas detector equipment market over the years to come.

China’s gas detector equipment market is segmented on the basis of sensor type, product type, application, and region. Based on sensor type the market is segmented into ultrasonic sensors, electrochemical gas sensors, infrared sensors, semiconductor sensors, and others.

Based on product type, the target market is segmented into fixed gas detectors and portable gas detectors. The fixed gas detectors segment accounts for the majority share and is expected to register the highest growth over the forecast period. Based on the application, the market is segmented into oil and gas, industrial, mining, building automation, and others. The Industrial segment accounts for a majority share in the china gas detector equipment market.

China Gas Detector Equipment Market Attractiveness Index by Product Type, 2019

Based on the region, the market is segmented into Mainland China, Hong Kong, Macao, and Taiwan. Mainland China accounts for the majority share in the China Gas Detector Equipment Market, owing to increasing spending on the industrial sector

The research report includes profiles of some of the major companies such as MSA Safety Incorporated, Siemens AG, Dragerwerk AG & Co. KGAA, Emerson Electric Co., California Analytical Instruments, Inc., Honeywell International Inc., ABB Ltd., AMETEK Inc, Fortive Corporation (Industrial Scientific Corp.), Trolex Ltd., Beijing Topsky Century Holding Co. Ltd

Key Market Segments

Type

• Fixed Gas Detectors
• Portable Gas Detectors

Application

• Oil And Gas
• Industrial
• Mining
• Building Automation

Key Market Players included in the report:

• MSA Safety Incorporated
• Siemens AG
• Dragerwerk AG & Co. KGAA
• Emerson Electric Co.
• California Analytical Instruments Inc.
• Honeywell International Inc.
• ABB Ltd.
• AMETEK Inc
• Fortive Corporation (Industrial Scientific Corp.)
• Trolex Ltd.
• Beijing Topsky Century Holding Co. Ltd