Nov 15, 2017   SOURCE: BusinessWire

Global Wireless Gas Detection Market (2017-2023): Fast Adoption of IoT Technologies Across Manufacturing Sector - Research and Markets

The "Global Wireless Gas Detection Market Research Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.

The global wireless gas detection market is anticipated to rise at a CAGR of 16.03% over the forecast period 2016-2023. The extensive deployment of wireless gas detection systems across the automotive industry is expected to be a key growth opportunity across the global wireless gas detection market.

Wireless gas detection provides accurate, flexible and highly reliable detection of gas leakage that proves harmful to the workers across the manufacturing industries. Importantly, the strategic installation of wireless gas detection equipment proves significantly cost-effective compared to their wired counterparts. These wireless gas detection systems are widely accepted across several end-user industries such as chemical and petrochemical industry, mining and metal industry and oil and gas industry.

Some key market drivers include, rising environment safety issues, growing adoption of Industrial Internet of Things (IIoT) technologies, simple usage and easy installation of wireless gas detection systems. Other drivers include, the use of wireless gas detectors improves worker's safety while minimizing hazards, small consumption of power and cost-effectiveness. Some key growth opportunities of global wireless gas detection include, significant penetration of wireless gas detection systems across automotive industry and rising adoption of wireless gas monitoring systems for both oil and gas exploration and drilling. However, the market growth faces few challenges including, calibration issues post installation of wireless gas detection systems and design-related problems with constantly changing standards. Further, the global wireless gas detection market has few restraints including, security-related issues while deploying wireless communication. The global wireless gas detection market is segmented into wireless technology, component & service, application and end-user industry.

Companies Mentioned

  • Aglient Technologies, Inc.(U.S.)
  • Airtest Technologies, Inc. (Canada)
  • Crowcondetection Instruments Ltd. (U.K.)
  • Dragerwerk Ag & Co.
  • Gastronics, Inc. (U.S.)
  • Honeywell International, Inc. (U.S.)
  • KGAA (Germany)
  • MSA Safety Incorporated (U.S.)
  • Otis Instruments, Inc. (U.S.)
  • Pem-Tech, Inc. (U.S.)
  • Sensidyne, Lp (U.S.)
  • Siemensag (Germany)
  • Tektroniks Ltd. (U.S.)
  • Tyco Gas & Flame Detection (U.K.)
  • Yokogawa Electric Corporation (Japan)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/zkxgl8/global_wireless