Market Overview:
The global oxygen detector market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for portable oxygen detectors and rising awareness about safety and security among consumers. Additionally, the growing chemical industry is also expected to boost the demand for oxygen detectors in the coming years. On the basis of type, the global oxygen detector market can be segmented into portable and fixed types. The portable type is expected to grow at a higher CAGR than that of fixed type during the forecast period owing to its features such as ease of use, low weight, and compact size that make it suitable for use in various applications such as chemical industry, environment monitoring, hospital settings, and others. Based on application,the global oxygen detector market can be divided into chemical industry, environment monitoring,, hospital settings,, oil & gas refineries,, other industrial applications,. Among these segments,. Chemical industry held majority share in 2017and is projectedto maintain its dominance duringthe forecast period..
Product Definition:
An oxygen detector is a device that senses the presence of oxygen in a gas mixture. It is used to monitor and control the combustion process in industrial furnaces and boilers.
Portable:
Portable is a device that can be transported from one place to another without any substantial changes. In other words, it's a product which can be used in different applications irrespective of its size, shape or weight. Portable products are usually battery-powered and include items such as tanks, cylinders and bottles among others. They are designed for use by individuals or groups for specific purposes such as detecting oxygen depletion in confined spaces like mines or areas with low O2 concentration etc., etc.
Fixed:
Fixed and it's usage in the oxygen detector market is a device that helps to identify the presence of oxygen. It works on an electrochemical principle, which involves a platinum catalyst and an electrolyte as a basic substance. Fixed & it’s are used for detecting any leakages of gas in confined spaces such as rooms or buildings. These detectors can be fixed on pipelines, storage tanks, valves or other gas-related equipment to monitor their condition continuously.
Application Insights:
The other application segment includes food and beverage, pulp and paper, mining, oil and gas industry. The chemical industry was the largest consumer of oxygen sensors in 2015. This is attributed to the increasing demand for O2-sensitive chemicals that are used in a variety of end-use industries including pharmaceuticals, paints and coatings as well as food additives.
The rising demand for these chemicals from emerging economies such as India & China is expected to boost market growth over the forecast period. In addition, growing investments by governments in key sectors such as energy & power generation coupled with R&D initiatives undertaken by major players are anticipated to augment market growth over the next eight years.
Oxygen sensor finds wide applications across various industries including oil & gas (chemical sector), environment (water treatment), hospital emergency services among others which include pulp.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rising industrialization and increasing pollution incidents. The region is expected to witness a CAGR of XX% over the forecast period, on account of rapid growth in various end-use industries such as chemical, oil & gas, food & beverage, and others. Stringent government regulations regarding occupational health are also anticipated to drive demand for these products over the coming years.
The product demand in Europe was valued at USD X million in 2017 owing to stringent regulatory scenario coupled with high awareness about employee safety across numerous industries including healthcare and construction where oxygen deficiency may occur simultaneously or consecutively during work hours due to multiple causes such as ventilation problems or equipment failure leading ultimately causing workplace fatalities/injuries among workers’ group thereby creating substantial economic losses for concerned companies/industries which eventually results into loss of revenue for national economies too thus driving overall industry growth through indirect effects since past few years (2016 - 2018).
Growth Factors:
- Increasing demand for oxygen detectors in the oil and gas industry as a safety measure to avoid fire accidents.
- Growing awareness about the benefits of using oxygen detectors in residential and commercial buildings for early detection of fires.
- Rising demand for portable oxygen detectors owing to their ease of use and portability.
- Increasing adoption of optical-based oxygen detectors due to their high accuracy levels and low maintenance requirements.
- Growing popularity of wireless-enabled oxygen detectors that allow real-time monitoring and data logging
Scope Of The Report
Report Attributes
Report Details
Report Title
Oxygen Detector Market Research Report
By Type
Portable, Fixed
By Application
Chemical Industry, Environment, Hospital, Other
By Companies
Hartv Instruments, Honeywell International, Industrial Scientific, GASTEC, Topac
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Oxygen Detector Market Report Segments:
The global Oxygen Detector market is segmented on the basis of:
Types
Portable, Fixed
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
Chemical Industry, Environment, Hospital, Other
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:
- Hartv Instruments
- Honeywell International
- Industrial Scientific
- GASTEC
- Topac
Highlights of The Oxygen Detector 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:
- Portable
- Fixed
- By Application:
- Chemical Industry
- Environment
- Hospital
- Other
- 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 Oxygen Detector 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.
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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?
An oxygen detector is a device that can be used to measure the amount of oxygen in an environment. This information can be used to help identify potential hazards or problems with the air quality.
Some of the key players operating in the oxygen detector market are Hartv Instruments, Honeywell International, Industrial Scientific, GASTEC, Topac.
The oxygen detector market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oxygen Detector 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 Oxygen Detector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oxygen Detector 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 Oxygen Detector 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 Oxygen Detector Market Size & Forecast, 2020-2028
4.5.1 Oxygen Detector Market Size and Y-o-Y Growth
4.5.2 Oxygen Detector 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 Portable
5.2.2 Fixed
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 Chemical Industry
6.2.2 Environment
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oxygen Detector 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 Oxygen Detector 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 Portable
9.6.2 Fixed
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 Chemical Industry
9.10.2 Environment
9.10.3 Hospital
9.10.4 Other
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 Portable
10.6.2 Fixed
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 Chemical Industry
10.10.2 Environment
10.10.3 Hospital
10.10.4 Other
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 Portable
11.6.2 Fixed
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 Chemical Industry
11.10.2 Environment
11.10.3 Hospital
11.10.4 Other
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 Portable
12.6.2 Fixed
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 Chemical Industry
12.10.2 Environment
12.10.3 Hospital
12.10.4 Other
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 Portable
13.6.2 Fixed
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 Chemical Industry
13.10.2 Environment
13.10.3 Hospital
13.10.4 Other
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 Oxygen Detector Market: Competitive Dashboard
14.2 Global Oxygen Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hartv Instruments
14.3.2 Honeywell International
14.3.3 Industrial Scientific
14.3.4 GASTEC
14.3.5 Topac
