MRO Magazine

Global Air and Gas Leak Detectors Market 2016-2020 – Increase in Oil & Gas Upstream Investments – Research and Markets


July 1, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global Air and Gas Leak Detectors Market 2016-2020” report to their offering.

The report forecast the global air and gas leak detectors market to grow at a CAGR of 3.57% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Wireless gas detectors are becoming popular due to benefits such as their ease of use and implementation, their ability to monitor remotely, their time-saving conduit-free setup and maintenance, and their ability to use multiple receivers. The major advantage of wireless gas detectors is its ability to broadcast alarms and data on a real-time basis. Wireless systems also help users to engage remotely with safety experts, industrial hygienists, and managers on a real-time basis.

According to the report, the demand for oil and gas is expected to remain strong during the forecast period. Although renewables have been gaining importance, the global energy mix will be largely dominated by oil and gas during the forecast period. Rising demand for air and gas detectors amid the high expenditures made by the oil and gas industry creates extensive opportunities for vendors in the market.

Further, the report states that the increasing focus on renewable energy is likely to lead to a decrease in the number of gas-fired power plants in the long term, thereby hampering the sales of air and gas leak detectors during the forecast period.

Key vendors:

  • Emerson Electric Co.
  • MSA Safety Inc.
  • Honeywell Analytics
  • Tyco Fire & Integrated Solutions (UK) Ltd.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Geography segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Risk exposure

PART 15: Appendix

For more information visit http://www.researchandmarkets.com/research/zfmtq3/global_air_and

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Gas and Chemical Sensors