Report ID: SQMIG10B2105
Report ID:
SQMIG10B2105 |
Region:
Global |
Published Date: November, 2024
Pages:
177
|
Tables:
90 |
Figures:
73
Wireless Gas Detection Market size was valued at USD 1.77 Billion in 2023 and is poised to grow from USD 1.85 Billion in 2024 to USD 2.62 Billion by 2032, growing at a CAGR of 4.8% during the forecast period (2025-2032).
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.
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Report ID: SQMIG10B2105