USD 1.73 billion
Wireless Gas Detection Market Size, Share, Growth Analysis, By Component(Hardware, Software and Services), By Application(Industrial Safety, National Security), By Technology(Wireless Networking (WiFi) Technology, Bluetooth Technology) - Industry Forecast 2024-2031
Report ID:
SQMIG10B2093 |
Region:
Global |
Published Date: April, 2024
Pages:
177
|
Tables:
90 |
Figures:
73
Wireless Gas Detection Market Insights
Global Wireless Gas Detection Market size was valued at USD 1.73 billion in 2023, USD 1.81 billion in 2024 and is projected to grow USD 2.51 billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031).
Vendors concentrate on speeding up sensor reaction times as a result of safety solutions and sensor technology improvements, which is driving market expansion. The past two tragedies—the Bhopal gas tragedy and the Chernobyl disaster—have compelled international governments to establish safety regulations for the identification of gas leaks. This encourages further investments in the sector and keeps it growing. This industry's continued development is also fueled by growing worried over the number of hazardous gases released and how to reduce them. Nonetheless, the market for gas detection is still growing slowly due to the financial pressure to create these wireless detection devices.
One tool for determining whether a gas is present in a system is a wireless gas detection system. It is a component of the safety system and is meant to identify any dangerous or explosive gas leaks in an industrial setting. Typically, the detector is linked to a control system that, in the event of an emergency or leak, immediately stops the process. In order to help reduce risk and safeguard employees, contractors, the general public, and industrial assets, these systems provide real-time safety and security threat identification. In addition to preventing the possibility of any significant industrial accident, wireless gas detection delivers excellent precision, flexibility, and dependability in the detection of gas leaks.
Market snapshot - (2024-2031)
Global Market Size
Largest Segment
Hardware
Fastest Growth
Software
Growth Rate
4.8% CAGR
Global Wireless Gas Detection Market ($ Bn)
Country Share by North America (%)
Global Wireless Gas Detection Market By Component (%)
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Wireless Gas Detection Market Segmental Analysis
The global wireless gas detection market is segmented based on component, application, technology and regional type. In terms of component, the market is trifurcated into hardware, software and services. Based on application, the market is grouped into industrial safety, national security, military application and environmental safety. In terms of technology, the market is segmented into wireless networking (WiFi) technology, Bluetooth technology, cellular technology, license-free ISM band technology and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. Growth in the market is being driven by the use of hardware, software, and services components.
Analysis by Component
As per categorization by component, the market is classified into hardware, software and services. Among these, hardware earned the largest share and continues to dominate the market. In the hardware section, real-time monitoring and IoT integration will have advanced substantially, leading to significant innovation in the global wireless gas detection market. Miniaturized, energy-efficient sensors that can identify many forms of gas are becoming more widely used, improving safety in the mining, chemical, and oil and gas sectors. Businesses are using cloud-based platforms more frequently for data analytics in an effort to enhance predictive maintenance and reaction times. Global market expansion and operational safety standards are being bolstered by this move towards smarter, more integrated solutions.
Due to the increased demand for real-time analytics and data integration, the software and services section of the global wireless gas detection market is expected to grow at the quickest rate. Comprehensive monitoring, predictive analytics, and maintenance scheduling are all in high demand as firms place a greater emphasis on safety and regulatory compliance. These software systems improve operational efficiency and offer actionable insights to facilitate better decision-making. This market is growing as cloud computing and the Internet of Things are becoming more widely used, and this makes it easier to integrate these services with the hardware that is already in place.
Analysis by Product
The integration of AI and machine learning technologies is driving innovation in industrial safety in the Global Wireless Gas Detection Market. These developments improve systems' predictive capacities, allowing for the early identification of potentially dangerous malfunctions and dangerous gas escapes before they become significant risks. Due to its adaptability, which lowers installation costs and enables scalable monitoring solutions across large industrial areas, wireless sensors are being employed more and more. This change optimizes operating efficiency and reliability in industries such as chemicals, manufacturing, and oil and gas, while also improving safety standards.
Due to strict environmental restrictions and growing concerns about global security, the national security, military applications, and environmental safety segments of the worldwide wireless gas detection market are expected to develop at the highest rate. Strong, dependable monitoring systems that can quickly identify and evaluate hazardous gases and other hazards are necessary for these industries. Adopting cutting-edge wireless gas detection technologies guarantees improved situational awareness and quick reaction times, which are essential for defense plans and environmental preservation. Additionally, these applications are becoming more practical and efficient due to advancements in sensor precision and network stability.
Global Wireless Gas Detection Market By Component (%), 2023 (%)
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Wireless Gas Detection Market Regional Insights
North America held the highest share of the global wireless gas detection market by region in terms of value, leading the wireless gas detection market in recent years. The oil and gas and chemicals industries in North America have seen tremendous expansion in the wireless gas detection market in recent years. The requirement for workers' security and safety in settings where they are frequently exposed to hazardous gases is said to be the reason for this rise. Additionally, firms are being encouraged to install wireless gas monitors due to the growing need to prevent industrial catastrophes caused by undiscovered gas leaks and the increasing pressure from insurance companies to ensure safety.
Asia Pacific is the region with the greatest rate of growth, thanks to strict safety requirements and industrial expansion in nations like China and India. In the meantime, Europe's growth is still strong due its sophisticated legal systems and strict safety regulations. The use of gas detection technology is being driven by governmental laws promoting safety across numerous industries and increasing awareness, which are driving the region's slow expansion across Latin America and the Middle East and Africa.
Global Wireless Gas Detection Market By Geography, (2024-2031)
- Largest
- Fastest
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Wireless Gas Detection Market Dynamics
Drivers
Standards for Safety and Regulatory Compliance
- Strict regulatory compliance in several industries, including mining, chemicals, and oil and gas, is a primary factor driving the development of wireless gas detection systems. To minimise occupational hazards associated with exposure to hazardous or explosive gases, governments and international organisations have strengthened safety requirements. Wireless systems provide an effective means of fulfilling these requirements by offering alerts and real-time monitoring that improves compliance and safety.
Technological Advancements in IoT and Connectivity
- The way these systems function has been completely transformed by the Internet of Things' (IoT) integration with wireless gas detection technologies. Enhanced connectivity facilitates the smooth transfer of data between sensors and control systems, hence opening up possibilities for remote monitoring, real-time analytics, and predictive maintenance. This is a key factor in the growth of the market since it lowers operating costs and downtime while simultaneously enhancing the reliability of gas detection.
Restraints
Costly Installation and Upkeep
- Wireless gas detection systems have many benefits, but some companies, particularly small and medium-sized businesses, may find the initial installation and continuing maintenance costs of these systems to be unaffordable. Compared to conventional wired systems, the total cost of ownership is higher due to the requirement for regular calibration, battery replacements, and hardware and software updates. In cost-sensitive industries, this financial barrier may impede market penetration and adoption rates.
Concerns Over Wireless Communication Reliability and Security
- Effective data transmission for wireless gas detection systems depends on reliable, secure communication networks. However, problems including range restrictions, signal interference, and cyberattack susceptibility may prevent them from being widely used. Businesses that operate in extremely dangerous and sensitive environments could be reluctant to implement wireless technology out of concern for catastrophic data breaches or system failures. Overcoming these market constraints so requires enhancing the resilience and security of wireless communications.
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Wireless Gas Detection Market Competitive Landscape
The proliferation of both domestic and international firms has resulted in a highly fragmented wireless gas detection market. More local players are entering the market, competition is predicted to heat up over the next years. Detector Electronics Corporation, Crowcon Detection Instruments, Yokogawa Electric Corporation, RAE Systems, International Gas Detectors Ltd., Gastronics Inc., Honeywell International Inc., Siemens AG, Tyco Gas & Flame Detection, and MSA Safety Incorporated are notable manufacturers in the wireless gas detection industry.
Top Player’s Company Profiles
- Detector Electronics Corporation (US)
- Crowcon Detection Instruments (UK)
- Yokogawa Electric Corporation (Japan)
- RAE Systems (US)
- International Gas Detectors Ltd (UK)
- Gastronics Inc (US)
- Honeywell International Inc (US)
- Siemens AG (Germany)
- Tyco Gas & Flame Detection (US)
- MSA Safety Incorporated (US)
- AirTest Technologies, Inc (Canada)
- RAE Systems, Inc (US)
- California Analytical Instruments, Inc (US)
- Tyco (Ireland)
- Yokogawa Electric Corporation (Japan)
- Bacharach, Inc (US)
- Detector Electronics Corporation (US)
Recent Developments
- In October 2021, Searchline Excel Plus and Searchline Excel Edge, two new gas detectors with Bluetooth connectivity, were released, according to Honeywell International Inc. These detectors can help facilities maintain worker and industrial site safety in the oil and gas, petrochemical, chemical, and other sectors by continuously monitoring for dangerous gases even in fog, rain, snow, and other bad weather conditions.
- In March 2020, The Vanguard WirelessHART gas detector from United Electric Controls is now HART Registered, the company said. Over 40 million field instruments worldwide support the HART communication protocol, a digital communications technology used in the process industries. The FieldComm Group is the owner of the HART specifications and offers device registration, specification development, and training.
- In September 2021, International Gas Detectors Ltd. (IGD) and mPower Electronics Inc., USA, formally partnered. IGD will be able to sell mPower detectors thanks to the strategic relationship, growing its range of portable gas detectors. The NEO portable VOC detectors with PID sensors and the POLI portable multi-gas detectors with about 40 sensor options are part of the mPower line.
Wireless Gas Detection Key Market Trends
- Cloud-based Solutions are Gaining Traction: Cloud-based solutions are becoming more and more popular in the worldwide wireless gas detection market. These platforms facilitate real-time information access across several locations, centralized data storage, and improved data analytics. Cloud technology integration enables more efficient compliance reporting, predictive maintenance, and better decision-making. Cloud-based gas detection technologies are growing in popularity as organizations look for ways to increase safety and operational efficiency. This allows for quicker reactions to possible threats.
- Combining Cutting-Edge Sensor Technologies: Additionally, there is a noticeable tendency in the market towards the integration of cutting-edge sensor technologies, like ultrasonic, infrared, and electrochemical sensors. Improved sensitivity, precision, and dependability are provided by these technologies in the detection of a variety of gases, including flammable and dangerous gases. Notable advancements include the creation of multi-gas detectors, which can monitor multiple gases at once. These developments increase operating efficiency by lowering false alarms and maintenance time, while also enhancing safety by guaranteeing faster and more precise gas detection.
Wireless Gas Detection Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, wireless gas detection systems are in high demand, due to the need to strictly adhere to regulations in sectors including mining, chemicals, and oil and gas. These systems improve safety by providing real-time monitoring and notifications. Concurrently, the incorporation of the Internet of Things (IoT) has revolutionized these systems through enhanced connectivity, the ability to monitor remotely, and the reduction of operational expenses, all of which have greatly aided in the expansion of the market. Although wireless gas detection systems have advantages, small and medium-sized enterprises may find them unaffordable due to their higher total cost of ownership, which includes regular calibration, battery replacements, and updates, thus impeding market adoption.
Due to the influx of both domestic and foreign companies, the wireless gas detection market is highly fragmented, which has exacerbated competition among major players including Detector Electronics Corporation, Crowcon Detection Instruments, and Honeywell International Inc. In the global wireless gas detection market, cloud-based solutions and advanced sensor technologies are becoming more and more popular. By providing real-time data access and better gas detection capabilities, these solutions improve safety and operational efficiency.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.73 billion |
| Market size value in 2031 | USD 2.51 billion |
| Growth Rate | 4.8% |
| Base year | 2023 |
| Forecast period | (2024-2031) |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Wireless Gas Detection Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Wireless Gas Detection Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Wireless Gas Detection Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Wireless Gas Detection Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Wireless Gas Detection Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Wireless Gas Detection Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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