DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b43zqp/global_gas) has announced the addition of the "Global Gas Detection Equipment Market 2015-2019" report to their offering.
The analysts forecast the Global Gas Detection Equipment market to grow at a CAGR of 4.80 percent over the period 2015-2019.
Key Regions
- Americas
- APAC
- EMEA
Key Vendors
- Drägerwerk
- Honeywell International
- Industrial Scientific
- Mine Safety Appliances
Other Prominent Vendors
- Airtest Technologies
- Bacharach
- ENMET
- ESP Safety
- General Electric
- Mil-Ram Technology
- OTIS Instruments
- Sensidyne
- Sensor Electronics
- Siemens
- Sierra Monitor
- Status Scientific Controls
- Thermo Fisher Scientific
- TQ Environmental
- Trolex
- Tyco International
Commenting on the report, an analyst from the team said: Advent of new technologies is one of the major trends being witnessed in the market. Vendors have increased their investment in R&D to maintain a competitive edge and gain revenue. Companies are investing in R&D to enhance their product portfolio and maintain a competitive edge. Stringent environment and safety regulations along with the promotion of alternate energy resources such as biogas, have created a need for gas detectors enabled with modern technologies such as infrared and photoionization.
According to the report, increased safety concerns primarily drive the growth of the market. The need to provide a safe working environment and the prevention of gas leakage drives adoption by end-users. The installation of gas detectors helps reduce revenue loss and death rates during an accident in a power plant.
For more information visit http://www.researchandmarkets.com/research/b43zqp/global_gas.
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