Global Fire and Gas Detection System Market 2024-2028

Global Fire and Gas Detection System Market 2024-2028

Global Fire And Gas Detection System Market 2024-2028

The fire and gas detection system market is forecasted to grow by USD 2315.6 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the fire and gas detection system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising production of shale gas, rise in emphasis on ensuring safety of workers across end-user industries, and increase in number of industry safety performance standards.

Technavio's fire and gas detection system market is segmented as below:

• By End-user
• Oil and gas
• Chemical
• Pharmaceutical
• Others
• By Type
• Wired
• Wireless
• By Geographical Landscape
• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the advent of 3D fire and gas mapping tool as one of the prime reasons driving the fire and gas detection system market growth during the next few years. Also, IoT and digital connectivity and integration of control and safety systems will lead to sizable demand in the market.

The report on the fire and gas detection system market covers the following areas:

• Fire and gas detection system market sizing
• Fire and gas detection system market forecast
• Fire and gas detection system market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fire and gas detection system market vendors that include ABB Ltd., Agilent Technologies Inc., Carrier Global Corp., Dragerwerk AG and Co. KGaA, Emerson Electric Co., Engineering for Science and Industry Malta Ltd., Enmet LLC, GIL Automations Ltd., Halma PLC, HIMA GmbH, Honeywell International Inc., Johnson Controls International PLC., Kongsberg Gruppen ASA, MSA Safety Inc., Omega Integration Pte Ltd., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Teledyne Technologies Inc., and Yokogawa Electric Corp.. Also, the fire and gas detection system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.