TechNavio recognizes the following companies as the key players in the Global Gas Detection Equipment Market: Drägerwerk AG & Co., Honeywell International Inc., Industrial Scientific Corp., and Mine Safety Appliances.
Commenting on the report, an analyst from TechNavio’s team said: “Industrial processes have become riskier for workers with the advancement in technology. Many gases such as carbon monoxide, ammonia, fluorine, chlorine dioxide and others are released during the manufacturing process. Any human contact with these gases can be detrimental to health. Wireless gas detectors allow for the remote detection of these gases so that they can be monitored from a distance and controlled in case of leakage. Hence, wireless gas detectors are increasingly used in areas such as mining, industrial processes, building technology, and households to improve safety and prevent mishaps.”
According to the report, one of the major drivers in this market is the increase in government safety regulations. Air pollution is affecting people’s health both inside and outside manufacturing premises. Therefore, laws and policies have been formulated to control the emission of harmful gases from these plants.
Further, the report states that one of the major challenges in this market is price erosion due to intense competition among vendors. Attracted by the big opportunities in the market, many new vendors with innovative technologies are entering the market. This has led to price wars, price erosion and lower prices of gas detection equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-gas-detection-equipment-market-20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report -Global Gas Detection Equipment Market 2014-2018
