The Wireless Gas Detection Market is expected to reach USD 3.01 billion by 2023, at a CAGR of 16.03% during the forecast period. The innovations and developments in wireless gas detection products are leading to the high global growth of the gas detection market. Wireless gas detectors are being widely used for several applications such as industrial safety, environmental safety, and national security and military applications.
The research methodology used to estimate and forecast the wireless gas detection market includes the use of extensive primary research and secondary research. The secondary sources referred for this study includes directories; databases such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource; and associations. The vendor offerings have been taken into consideration to determine the market segmentation. The top-down procedure has been employed to arrive at the overall market size of the global wireless gas detection market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives.
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This report provides valuable insights for software providers, professional service providers related to wireless gas detection, and application segments. The wireless gas detection key market players are Honeywell International, Inc. (US), Siemens AG (Germany), Drägerwerk AG & Co. KGaA (Germany), Tyco Gas and Flame Detection (US), United Electric Controls (US), Yokogawa Electric Corporation (Japan), Emerson Electric Co. (US), Sensidyne, LP (US), and Agilent Technologies, Inc. (US).
Target Audience:
- Software solution providers
- Service providers
- Wireless gas detection product manufacturers
- Research organizations
- Technology standards organizations, forums, and associations
- Technology investors
- Governments and investment communities
- Analysts and strategic business planners
The wireless gas detection market, on the basis of type, has been segmented into hardware, software, and services. Major players are offering wireless gas detection solutions, which include hardware such as wireless detectors/sensors, wireless gateways/routers, wireless gas monitors & controllers, wireless transmitters & repeaters, and accessories. A few major hardware manufacturers are Honeywell International, Inc. (US), United Electric Controls (US), Yokogawa Electric Corporation (Japan), and Drägerwerk AG & Co. KGaA (Germany), among others. Hardware is a necessary part of wireless gas detection which comprises various sensors to detect toxic and combustible gases and hence held the largest market size in the wireless gas detection market for hardware in 2016.
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