SOUTH EAST ASIA GAS DETECTION DEVICE MARKET ANALYSIS

South East Asia Gas Detection Device MarketSize and Trends

Market Overview

Fixed gas detector is a type of detector, which is permanently mounted across the use for the identification of gas content. Gas detection sensors are permanently connected to the transmitter or controller in the device. Fixed gas detectors do not need a constant human monitor or responder for the detection of gas concentration. Portable gas detectors are handheld devices used to provide safety to the individual user from a wide range of gas hazards across applications. Portable gas detectors are flexible in use and can be easily handled across any space as the user moves.

The South East Asia gas detection device market is estimated to account for US$ 408.5 Mn in terms of value by the end of 2027.

Statistics:

Singapore held dominant position in the South East Asia gas detection device market in 2019, accounting for 50.8% share in terms of value, followed by Malaysia, Indonesia and Thailand respectively.

Figure 1: South East Asia Gas Detection Device Market Share (%), in terms of Value, By Region, 2019

Figure 2: South East Asia Gas Detection Device Market Value (US$ Mn), 2017 - 2027

The South East Asia gas detection device market was valued at US$ 194.1 Mn in 2019 and is forecast to reach a value of US$ 408.5 Mn by 2027 at a CAGR of 9.7% between 2020 and 2027.