Gas Detector market globally grow tremendously at a CAGR of about 4.76% by 2021

A gas detector is a safety device used for detecting the presence of harmful gases. It has an alarm to alert people to evacuate a building. Based on product type, the global gas detector market is segmented into two categories including portable gas detectors and fixed gas detectors.
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Fixed gas detectors accounted for a higher market share in 2016. However, portable gas detectors will gain market share during the forecast period due to its quality and flexibility.
Technavios analysts forecast the global gas detector market to grow at a CAGR of 4.76% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gas detector market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
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Technavio's report, Global Gas Detector Market 2017-2021, 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.
Key vendors
BRK Brands
Honeywell International
Kidde
Robert Bosch
Siemens
Other prominent vendors
AirTest Technologies
Drgerwerk
Emerson Electric
ESP Safety
GasTech Australia
Mircom
System Sensor
Universal Security Instruments
Market driver
Innovation in technology leading to product premiumization
For a full, detailed list, view our report
Market challenge
Increasing price wars among the established vendors
For a full, detailed list, view our report
Market trend
Increase in demand for smart gas detectors
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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