A gas leak detectors is an electronic device that detect the presence of gases in a particular area using various technologies such as electrochemical, infrared, catalytic and others. These devices are used to detect harmful and combustible gases for the safety purposes. A gas leak detector system identify the leakage in gas and send signal to operators to take proper action by providing them ample time to leave the danger area. Moreover, gas detector systems are fitted with a sound alarm which is used to leave the danger area in case of toxic gas leakage. Gas leak detectors are used in various industries such as oil & gas industry, pharmaceutical manufacturing, refiners, mining, hazmat operations, industrial plants, and waste-water treatment facilities. Furthermore, gas leak detectors find applications in wastewater treatment, municipal water, automotive manufacturing, mining, and iron & steel industries.
The APAC Gas Leak Detectors Market was valued for US$ 1378.5 Mn in 2021.
Market Dynamics
Growing oil & gas industry is one of the major factor driving the growth of gas leak detectors market. A gas detectors offer high reliability and high responsive methods to monitor toxicity, oxygen levels, and flammability. Development of gas infrastructure pipelines, warehouses, and gas stations is expected to increase, owing to growing demand for gas in the region. According to Coherent Market Insights’ analysis, natural gas liquefaction capacity in the region is anticipated to exhibit growth of around 6.2% between 2017 and 2030. Moreover, expansion of capabilities and establishments of new facilities is expected to boost the demand for gas leak detectors and thereby drive growth of the APAC gas leak detectors market in the near future.
Stringent regulatory policies, laws, and safety norms are being implemented in various industries including chemical, pharmaceuticals, energy, petrochemicals, etc. Gas leak detectors are used in these industries to detect toxic and flammable gas leaks from process containers and chambers. For instance, hazardous CO2 gas is produced during the brewing process, which needs to be safely disposed of. There are number of strict regulatory policies, safety norms, operational safety rules, and management procedures for environmental accountability that are being enforced to ensure safety operational environment for personnel and property. For instance, according to the Australia/New Zealand standard AS/NZS60079.29.2:2008, it is mandatory to install a gas detector as per work regulations, to detect flammable gases and oxygen. Thus, these factors are expected to support the market growth over the forecast period.
Key features of the study:
Detailed Segmentation
“*” marked represents similar segmentation in other categories in the respective section.
Detailed Segmentation
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