Gas Detector Market - Forecast(2020 - 2025)

 

Gas Detector Market Overview

The gas detector market is forecast to reach $2.96 billion by 2025, growing at a CAGR of 4% during 2019-2025. Growth of the gas detector market can be attributed to increasing application of gas detectors in building automation systems and industries such as mining, oil and gas, and others. Increasing investments by manufacturers for development of smart gas detectors and integration of gas detectors with wireless technology including Bluetooth, Wi-Fi, Wi-MAX, ZigBee, HART Protocol; and artificial intelligence is stoking demand for gas detection systems.

Gas Detector Market Report Coverage

The report: “Gas Detector Market – Forecast (2019-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Gas Detector Market. 
By Sensor Type: Ultrasonic Sensor, Electrochemical Gas Sensor, Infrared Sensor, Semiconductor Sensor, Others
By Product: Fixed Gas Detector, Portable Gas Detector
By Application: Oil and Gas, Industrial, Mining, Building Automation, Commercial, Residential, Others
By Geography: North America, South America, Europe, Asia-Pacific (APAC),Rest of World (RoW)

Key Takeaways

  • The gas detector market is a moderately fragmented market with top five players accounting for a market share of 30-40% in 2018. 
  • The gas detectors market registered a major share in mining applications in 2018, owing to stringent safety regulations in this industry. 
  • The North American market holds major share owing to increase in usage of gas detectors in the oil and gas, mining and building automation applications.
  • Adoption of wireless gas detectors and integration of AI technology for development of smart gas detectors is set to drive the market.


Gas Detector Market Segment Analysis - By Application 
The application of gas detectors in the mining industry is projected to grow at a CAGR of 3.83% during 2019-2025. In the mining industry, gas detectors play a key role in safeguarding against accidents caused by toxic gases, vapors and other hazardous substances in underground mines. In recent years, companies are manufacturing gas detectors integrated with Internet of Things (IoT) and artificial intelligence (AI) technologies which aid predictive maintenance, analysis of real-time data and in sending warnings to miners situated at different locations within the mines during gas leakages. Companies such as Canada-based Motion Metrics, Norway-based TOMRA, and Brazil-based VALE have adopted this technology in manufacturing equipment for gas detection. According to the U.S. Environmental Protection Agency (EPA), almost 75% of methane emissions are due to coal mining activities. Rising adoption of gas detectors in mining for enabling early detection of leakage of gases such as methane and others is set to drive the gas detectors market.

Gas Detector Market Segment Analysis - By Geography 

The North American region is leading the gas detector market in terms of revenue share, and held a 28% share in 2018. In North America, the utilization of gas detectors has been increasing in mines, especially in coal mines, in order to reduce methane emissions. In 2016, the U.S. faced nearly a four-month-long gas leakage which discharged nearly 100,000 metric tons of methane from a ruptured well of Aliso Canyon storage facility in southern California. Incidents like these have led to an increase in adoption of gas detectors in industries such as mining, oil and gas and others. This is set to fuel demand for gas detectors in the North America region. 

Gas Detector Market Drivers  

Stringent Government Regulations


Stringent regulations pertaining to workers’ safety in manufacturing industries coupled with the need for mitigating risks has boosted deployment of gas detection systems. In 2016, the U.S. EPA released a regulation called Quad Oa which recommends inspection for leak detection and repair on oil and gas industry operation sites such as gas plants, compressor stations and others by using cameras equipped with Optical Gas Imaging (OGI) or Method 21 devices. According to EPA, the inspection of leak detection in this industry should be done every quarter or bi-annual of the year. Adoption of gas detectors with integration of OGI technology in oil and gas industries is set to fuel demand for the gas detectors market. 


Evolution of Communication Protocol for Wireless Integration of Gas Detectors


The evolution of standardized digital communications, such as the Highway Addressable Remote Transducer (HART) protocol, can provide reliable communication and safety alerts during gas leakages. The HART protocol is a two-way communication protocol that provides data access between gas detectors and control systems, and offers real-time benefits to industries in relating accurate data to systems. Gas detector OEMs are using HART protocol technology for development of wireless gas detectors and this has paved the way for usage of gas detectors in many industries. In 2017, U.S.-based MSA Safety Inc. developed Ultima X5000 gas detector with HART 7 protocol, which can provide reliable information to plant control systems through alarms and safety alerts during gas leakage in industries such as mining, oil & gas and others.

Gas Detector Market Challenges

High Cost and Maintenance of Gas Sensors


The major challenge for gas detectors is the high cost and maintenance. Gas detectors are extensively used in industries to protect personnel and equipment from harmful gases. Since gas detectors find application in varied temperatures ranging from extremely low to extremely high, the sensor’s life is impacted. According to various gas detector manufacturing companies, the usual operating temperature range for gas detectors is typically -30°C to +50°C. If the temperature is beyond this range, the sensitivity of sensors is reduced. Due to the temperature fluctuations in industries such as oil and gas, mining and others, there is a necessity for frequent replacement of sensors. High cost of gas detectors and high operational expenditure for maintenance of gas sensors by end users is hampering growth of the gas detectors market.


Market Landscape

As of 2018, the market for gas detectors remained moderately fragmented with the top five players accounting for 30-40% of the market share. Major players in the gas detector market include ABB, MSA Safety Inc, Honeywell International Inc, Emerson Electric Co., and RIKEN KEIKI Co., Ltd. Acquisitions of companies and product launches are key strategies adopted by players in the gas detectors market. 

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