Global Market Study on Gas Leak Detector - Asia Pacific to Witness Highest Growth by 2020

Global Market Study on Gas Leak Detector - Asia Pacific to Witness

Highest Growth by 2020

Persistence Market Research

Persistence Market Research - Global

Market Study on Gas Leak Detector: Asia

Pacific to Witness Highest Growth by 2020

Persistence Market Research

1

Global Market Study on Gas Leak Detector - Asia Pacific to Witness

Highest Growth by 2020

Persistence Market Research Released New Market Report “Global Market Study on Gas Leak

Detector Market - Asia Pacific to Witness Highest Growth by 2020”,The global gas leak detectors

market accounted for US$ 2,312.2 Mn in 2014 and while exhibiting a CAGR of 5.3% over the forecast

period. The Global Gas Leak Detector Market is expected to reach US$ 3143.67 Mn by the end of 2020,

representing a CAGR of 5.29% through 2015 to 2020.

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Gas leak detectors are equipment that indicates the presence of gases in ambient air using technologies

such as electrochemical, infrared and ultrasonic. These devices are used to detect toxic and combustible

gases in order to maintain safety during operations. Gas leak detectors are generally available in two

different types; portable which are handheld can be used for personal safety as well. The other type of

leak detectors is fixed i.e. permanently sited which are often used in plants & facilities for personnel as

well as plant safety. Portable gas leak detectors are also classified as “personal safety instrument” as they

ensure detection of toxic and flammable gases which can cause hazards in plants. Government laws&

regulations and industry associations advocate the use gas leak detectors in manufacturing plant to

ensure the safety of workers and workplace.

Key driving factors identified in the global gas leak detectors market are stringent government safety

norms, growing investment in oil & gas and chemical Industries and increasing commercial and

residential...