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Based on product type, the multi-gas detectors segment crossed USD 800 million in 2023. The new generation of multi-gas detectors are ideal for personal protection, area monitoring, Confined Space Entry (CSE) as well as safety measurements of shafts, channels, or tanks. These portable multi-gas detectors deliver reliable measurements, while durable sensors designed in-house maximize safety coupled with extremely low operating costs, thereby making these devices a valuable asset for any workplace or during an emergency.
Based on gas type, the flammable gases segment was worth USD 500 million in 2023. Portable gas detectors are highly sensitive and can even detect low concentrations of flammable gases. Moreover, portable gas detectors are equipped with advanced technologies that enable the detection of a wide range of flammable gases including methane, propane, hydrogen, etc. Portable gas detectors are also capable of detecting multiple gases simultaneously, providing comprehensive monitoring of the air quality in each area. This feature is especially useful in industries where a variety of flammable gases is present.
Asia Pacific dominated the 39.7% share of the portable gas detectors market in 2023. The rising number of fire accidents and growing awareness about the importance of fire protection systems are driving market growth. The increasing demand for safety equipment in various industries, rising awareness of workplace safety, and government regulations on the use of gas detection devices are major factors driving the regional market growth. Furthermore, the development of innovative and technologically advanced portable gas detectors will drive business growth. Manufacturers are investing in research & development activities to introduce advanced features such as wireless connectivity, real-time data monitoring, and cloud-based data management systems in their products.