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Gas Detector Market Share

Report ID: GMI8607
Published Date: Mar 2024
Report Format: PDF

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Gas Detector Market Share

Honeywell International Inc. and Emerson Electric Company holds a significant share of over 20% in the gas detector industry. Honeywell International Inc. is a leading player in the market, offering a wide range of innovative gas detection solutions. The company’s products include portable & fixed gas detectors, wireless systems, and advanced sensing technologies. With a global presence and a strong focus on safety, Honeywell's gas detection offerings cater to various industries, ensuring reliable monitoring and protection against hazardous gases.

Major players, such as Honeywell International Inc., Drägerwerk AG & Co. KGaA, MSA Safety Incorporated, and Teledyne Technologies Incorporated, are constantly implementing strategic measures, such as geographical expansion, acquisitions, mergers, collaborations, partnerships, and product or service launches, to gain market shares.

Gas Detector Market Companies

Major companies operating in the gas detector industry are:

ABB Ltd.
Crowncon Detection Instruments Limited
Dragerwerk AG & Co. KGaA
Emerson Electric Company
General Electric
Hanwei Electronics Group Corporation
Honeywell International Inc.
Industrial Scientific Corporation
International Gas Detectors Ltd.
MSA Safety Inc.
New Cosmos Electric Co. Ltd.
Robert Bosch GmbH
Sensidyne LP
SENSIT Technologies, LLC
Trolex Ltd.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size of gas detector reached USD 1.85 billion in 2023 and is set to witness 5% CAGR between 2024 and 2032, led by increased focus on safety standards, alongside the growing focus on worker health.

The oil & gas segment accounted for a market share of over 20% in 2023, attributed to strict safety standards and regulations, in tandem with increasing knowledge of the possible health risks linked to exposure to toxic gases.

North America market held a significant revenue share of over 30% in 2023, owing to growing need for sophisticated detection technologies due to concerns about workplace safety and the possible risks associated with gas leaks.

ABB Ltd., Crowncon Detection Instruments Limited, Dragerwerk AG & Co. KGaA, Emerson Electric Company, General Electric, Hanwei Electronics Group Corporation, Honeywell International Inc., Industrial Scientific Corporation, International Gas Detectors Ltd., and MSA Safety Inc.