Market Overview:
The global gas detector alarms market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for gas detectors in various industries such as oil & gas, mining, manufacturing industry, and building automation. Moreover, the growing awareness about safety and security among consumers has led to an increase in the demand for gas detector alarms across different regions. Based on type, the global gas detector alarms market is segmented into toxic gas alarms and combustible gas alarms. The combustible gas alarm segment is expected to grow at a higher CAGR during the forecast period owing to its increasing application in various industries such as oil &gas, mining, manufacturing industry etc. Based on application, the global Gas Detector Alarms Market can be classified into five segments: oil &gas; mining; manufacturing industry; building automation; other applications including healthcare sector and transportation sector etc.).
Product Definition:
A gas detector alarm is a device that senses the presence of gas in an area and sounds an alarm to warn people of the danger. Gas detectors are used in a variety of applications, including industrial, commercial, and residential settings. The importance of gas detectors cannot be overstated; they can save lives by providing early warning of dangerous gases in an area.
Toxic Gas Alarms:
Toxic gas alarms are a new type of detector designed to detect leaks of toxic or hazardous gases. These detectors can be used in areas where regular gas detectors cannot be installed such as mines, oil rigs, and chemical plants. They are also known as emergency response devices or emergency warning devices.
These detectors consist of an alarm signal generator and a sensor for detecting the presence of harmful gases.
Combustible Gas Alarms:
Combustible gas alarms are devices that sound an alarm when a dangerous amount of combustible gases enter a building. They are primarily used in residential buildings, factories, and commercial offices to protect people from fire hazards. The National Fire Protection Association (NFPA) has developed standards for the installation of these devices to reduce the risk of fire occurrence in various establishments such as schools, hospitals, nursing homes and hotels among others.
Application Insights:
The oil & gas application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for advanced gas detectors that can effectively monitor various gases including toxic, combustible, natural and other gases is propelling growth.
Gas detection systems are widely used in oil & gas exploration activities as they help detect hazardous and combustible gases such as methane (CH4), carbon monoxide (CO) and hydrogen sulfide (H2S). These systems transmit warning signals when these types of toxic or highly explosive gasses are detected so that appropriate safety measures can be taken at the wellhead, along with remediation efforts to prevent environmental pollution.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for gas detector alarms from oil and gas, manufacturing, and other applications. The presence of a large number of oil refineries in China is anticipated to boost product demand in this country. In addition, growing investments in offshore projects along with rising awareness regarding fire safety are likely to drive regional growth over the next eight years.
North America accounted for more than 25% market share owing to stringent regulations implemented by regulatory bodies such as OSHA, PSE&G Corporation (PSE), NFPA etc., which have mandated installation of these devices across various industries including chemical processing and utilities sector among others.
Growth Factors:
- Increasing demand for gas detectors in oil and gas industry for safety purposes
- Rising awareness about the benefits of using gas detectors for personal safety
- Growing number of incidents involving hazardous gases, which is driving the demand for gas detectors
- Proliferation of smart homes and buildings, which is creating opportunities for growth of the gas detector alarms market
- Stringent government regulations pertaining to installation of gas detectors in public places
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Detector Alarms Market Research Report
By Type
Toxic Gas Alarms, Combustible Gas Alarms
By Application
Oil & Gas, Mining, Manufacturing Industry, Building Automation, Other Applications
By Companies
Gas Alarm Systems, Victory Gas Alarm Company, RKI Instruments, RAE Systems, TROLEX, Tritech, GDS Corp, Crowcon, MSA, Honeywell Analytics, Gas Alarm Systems, New Cosmos Electric, Tyco International, Riken Keiki, Emerson, Oldham
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Gas Detector Alarms Market Report Segments:
The global Gas Detector Alarms market is segmented on the basis of:
Types
Toxic Gas Alarms, Combustible Gas Alarms
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Mining, Manufacturing Industry, Building Automation, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Gas Alarm Systems
- Victory Gas Alarm Company
- RKI Instruments
- RAE Systems
- TROLEX
- Tritech
- GDS Corp
- Crowcon
- MSA
- Honeywell Analytics
- Gas Alarm Systems
- New Cosmos Electric
- Tyco International
- Riken Keiki
- Emerson
- Oldham
Highlights of The Gas Detector Alarms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Toxic Gas Alarms
- Combustible Gas Alarms
- By Application:
- Oil & Gas
- Mining
- Manufacturing Industry
- Building Automation
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gas Detector Alarms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gas detector alarms are devices that can be set off when levels of gas such as natural gas or propane reach unsafe levels. These alarms can help to protect people and property from potential harm.
Some of the major companies in the gas detector alarms market are Gas Alarm Systems, Victory Gas Alarm Company, RKI Instruments, RAE Systems, TROLEX, Tritech, GDS Corp, Crowcon, MSA, Honeywell Analytics, Gas Alarm Systems, New Cosmos Electric, Tyco International, Riken Keiki, Emerson, Oldham.
The gas detector alarms market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Gas Detector Alarms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Gas Detector Alarms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Gas Detector Alarms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Gas Detector Alarms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Gas Detector Alarms Market Size & Forecast, 2020-2028
4.5.1 Gas Detector Alarms Market Size and Y-o-Y Growth
4.5.2 Gas Detector Alarms Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Toxic Gas Alarms
5.2.2 Combustible Gas Alarms
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Mining
6.2.3 Manufacturing Industry
6.2.4 Building Automation
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Gas Detector Alarms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Gas Detector Alarms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Toxic Gas Alarms
9.6.2 Combustible Gas Alarms
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Mining
9.10.3 Manufacturing Industry
9.10.4 Building Automation
9.10.5 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Toxic Gas Alarms
10.6.2 Combustible Gas Alarms
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Mining
10.10.3 Manufacturing Industry
10.10.4 Building Automation
10.10.5 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Toxic Gas Alarms
11.6.2 Combustible Gas Alarms
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Mining
11.10.3 Manufacturing Industry
11.10.4 Building Automation
11.10.5 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Toxic Gas Alarms
12.6.2 Combustible Gas Alarms
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Mining
12.10.3 Manufacturing Industry
12.10.4 Building Automation
12.10.5 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Toxic Gas Alarms
13.6.2 Combustible Gas Alarms
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Mining
13.10.3 Manufacturing Industry
13.10.4 Building Automation
13.10.5 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Gas Detector Alarms Market: Competitive Dashboard
14.2 Global Gas Detector Alarms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gas Alarm Systems
14.3.2 Victory Gas Alarm Company
14.3.3 RKI Instruments
14.3.4 RAE Systems
14.3.5 TROLEX
14.3.6 Tritech
14.3.7 GDS Corp
14.3.8 Crowcon
14.3.9 MSA
14.3.10 Honeywell Analytics
14.3.11 Gas Alarm Systems
14.3.12 New Cosmos Electric
14.3.13 Tyco International
14.3.14 Riken Keiki
14.3.15 Emerson
14.3.16 Oldham
