Use of Gas Monitoring and Detection Systems allow industries of different verticals to prevent any casualty caused due to gas leaks. IoT sensors placed on strategic locations detect the presence of toxic or inflammable gases in a facility before their concentration increases more than controllable limits.
The real-time alert system of IoT based gas monitoring solutions enables companies to make life-saving decisions and take quick actions to evacuate the affected area, prevent fire breakout, and conduct inspection & maintenance tasks on the source of leaks. This helps them to prevent damage of equipment or assets in the facility, ensure a better working environment for workers, and most importantly save lives.
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The report "Wireless Gas Detection Market by Technology (Wi-Fi, Bluetooth, Cellular, License-Free Ism Band), Type (Hardware (Detectors/ Sensors, Gateways, Monitors and Controllers), Software, Services), and Geography - Global Forecast to 2023", The wireless gas detection market was valued at USD 1.07 Billion in 2016 and is expected to reach USD 3.01 Billion by 2023, at a CAGR of 16.03% during the forecast period.
Wireless gas detection offers high accuracy, flexibility, and reliability in the detection of gas leaks.
Moreover, the installation of wireless gas detection is cost effective as it reduces about 90% in installation costs as compared to traditional wire gas detection systems.
These systems are used for industrial safety and have been widely adopted by end users such as oil & gas, chemical and petrochemical, and mining and metal industries.Get PDF Brochure: https://www.marketsandmarkets.com/requestsampleNew.asp?id=51585245The Wi-Fi technology based wireless gas detection system held the largest market share in the market in 2016The market for Wi-Fi based wireless gas detection systems has the largest market due to the growing ability of Wi-Fi to communicate directly with the other IP devices either locally or through the Internet Protocol (IP) network, which are presented in the application level data model layer.
The Wi-Fi technology is suitable for efficient and safe industrial operations.The wireless gas detection market for service is expected to grow at the highest rate during the forecast periodMost industry specific players provide wireless gas detection systems which include hardware, software, and services.
Also, the growing need to learn about new technological innovations in wireless networks by training and support services enables the services segment to be the fastest-growing segment.Browse 65 market data tables and 48 figures spread through 163 pages and in-depth TOC on "Wireless Gas Detection Market - Global Forecast to 2023" https://www.marketsandmarkets.com/Market-Reports/wireless-gas-detection-market-51585245.html Early buyers will receive 10% customization on reports.The wireless gas detection market in North America held the largest share in 2016Most of the major vendors of wireless gas detection systems have a strong presence in North America.