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Global Gas Detection Equipment Market to Reach $3 4 Billion by 2026

Global Gas Detection Equipment Market to Reach $3.4 Billion by 2026 Gas detection equipment are major front-line systems used in various industries for early detection of leakage of flammable and toxic gasses and vapors. Demand in the global market is set to be driven by increasing adoption of these safety devices in industrial, commercial and other industries for ensuring worker safety, minimizing risks and preventing fire breakouts. The market benefits from rising demand from end-use industries, focus on residential and workplace safety standards, and enforcement of tough environmental regulations. The oil & gas and chemicals industries are among the primary end-users of gas detectors owing to increasing emphasis on safety measures related to gas processing. Industry protocols and government laws that require gas facilities to use gas detectors are driving technical innovations such as infrared and photoionization technology. Growth is also anticipated to be influenced by penetrat

Gas Detection Equipment Market Size Worth $8 38 Billion By 2028: Grand View Research, Inc

Share this article SAN FRANCISCO, April 6, 2021 /PRNewswire/ The global gas detection equipment market size is expected to reach USD 8.38 billion by 2028, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 9.7% from 2021 to 2028. The market growth can be attributed to the growing awareness among governments regarding the harmful effects of greenhouse gases, coupled with their increased efforts toward protecting the environment. Major industries such as petroleum, oil, and gas, among others are needed to comply with safety and environmental regulations which are also major factors driving the market growth. Key suggestions from the report:

Global Gas Detection Equipment Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026

(MENAFN - Nxtgen Reports) The Gas Detection Equipment market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The global Gas Detection Equipment market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Gas Detection Equipment market. The report focuses on well-known providers in the global Gas Detection Equipment industry, market segments, competition, and the macro environment. Under COVID-19 Outbreak, how the Gas Detection Equipment Industry will develop is also analyzed in detail in Chapter 1.7 of the report.

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