Global Portable Gas Detection Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Portable Gas Detection Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Portable gas detection equipment offers precise, reliable and multifunctional measurement of harmful gases. The portable gas detectors are used for diverse applications like personal workplace monitoring, clearance measurement of confined spaces, leakage detection, area monitoring and many more.

Market Overview:

The latest research study on the global Portable Gas Detection Equipment market finds that the global Portable Gas Detection Equipment market reached a value of USD 1426.71 million in 2022. It’s expected that the market will achieve USD 1860.14 million by 2028, exhibiting a CAGR of 4.52% during the forecast period.

Influence of COVID-19 Outbreak on Portable Gas Detection Equipment Industry Development

In order to curb the COVID-19 epidemic, most countries have introduced many policies, including border blockade and social distancing. The epidemic prevention and control measures will affect the flow of people and activities, and in turn affect logistics, making the production of manufacturing, affected by the supply of raw materials and labor shortages.

For the Portable Gas Detection Equipment industry, the blockade policy will affect the supply of raw materials and export trade of products. The social distancing policy may have a great impact on the production of products, especially for some factories, they will spend more money to maintain production during the epidemic, and factories may face the risk of closure in some areas. With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.

But in the long term, the COVID-19 outbreak may cause more factories to start using more automated production lines to avoid the pandemic's impact on the industry. In addition, the application of IoT technology may also bring more opportunities for industry participants.

Strength

Growing demand of downstream industries
According to International Energy Agency (IEA) statistics, global demand for natural gas is forecast to increase at an average of 1.6% over the next five years with emerging Asian markets as the main engine for demand. thanks in part to the country’s “Blue Skies” policy and the strong drive to improve air quality. This will be the main driver for gas consumption growth in China, led by the chemical and manufacturing sectors. Meanwhile, gas demand in the residential and commercial sectors are clearly benefiting from the ongoing coal-to-gas conversion.
Gas detection in the global oil and gas industry is critical because of the nature of offshore drilling and exploration, which produces a wide range of dangerous flammable and toxic gases. In addition, the processes involved can each produce non-toxic gases which can become dangerous in large concentrations due to oxygen depletion and cause personnel to suffocate. Oil and gas industry is one of the main downstream application industries of portable gas detection equipment.
The atmospheric hazards in industry include combustible gases such as methane/natural gas, oxygen (oxygen-poor or oxygen-rich), carbon monoxide and hydrogen sulfide. Besides, there are toxic gases unique to specific industries, such as chlorine and ammonia, which need to be closely monitored.
Portable gas detection equipment is used for emergency services in confined spaces, potentially volatile areas, tracking gas leakage or hightemperature operations in dangerous areas. The growing demand of downstream industry will promote the development of portable gas detection equipment industry.

Growing Demand from Key Regions

With the rapid development of economy, the industry and manufacturing industry in China have developed rapidly. The production units of Portable Gas Detection Equipment products in China are widely distributed, all regions can design and produce, and the scale of enterprises is mostly small. There are quite a few enterprises that have passed ISO quality

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Honeywell Analytics , MSA Safety , Dräger , Teledyne Gas and Flame Detection and RIKEN KEIKI are the five key players in the global Portable Gas Detection Equipment market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Portable Gas Detection Equipment market in the past 5 years.

Honeywell is a Fortune 100 company that invents and manufactures technologies to address tough challenges linked to global macrotrends such as safety, security, and energy. With approximately 110,000 employees worldwide, including more than 19,000 engineers and scientists.

Established in 1914, MSA Safety Incorporated is the global leader in the development, manufacture, and supply of safety products that protect people and facility infrastructures. Many MSA products integrate a combination of electronics, mechanical systems, and advanced materials to protect users against hazardous or life-threatening situations. The company's comprehensive product line is used by workers around the world in a broad range of markets, including the oil, gas, and petrochemical industry, the fire service, the construction industry, mining, and the military. MSA's core products include self-contained breathing apparatus, fixed gas and flame detection systems, portable gas detection instruments, industrial head protection products, firefighter helmets, protective apparel, and fall protection devices.

Segmentation Overview:

Among different product types, Non-wearable Gas Detectors segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Portable Gas Detection Equipment market covered in Chapter 3:

Dräger
Teledyne Gas and Flame Detection
Analox Group
Blackline Safety
Honeywell Analytics
Crowcon Detection Instruments
Hanwei
RIKEN KEIKI
New Cosmos Electric
MSA Safety
Industrial Scientific

In Chapter 4 and Chapter 14.2, on the basis of types, the Portable Gas Detection Equipment market from 2018 to 2029 is primarily split into:

Wearable Gas Detectors
Non-wearable Gas Detectors

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Portable Gas Detection Equipment market from 2018 to 2029 covers:

Oil and Gas
Mining
Industrial
Building Automation
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)