The U.S. Gas Leak Detectors Market driven by growing demand for safety in industries

The U.S. gas leak detectors market comprises gas detectors and gas alarms used to detect hazardous gases such as natural gas, propane, carbon monoxide, and other combustible and toxic gases. Gas detectors are used across industries such as oil and gas, chemicals, mining, water treatment facilities for detecting gas leaks to ensure safety. Gas detectors work on technologies such as electrochemical, semiconductor and infrared spectroscopy to detect hazardous gases. The U.S. market has witnessed adoption of portable gas detectors that can detect multiple gases for performing leak detection surveys across large facilities.
The U.S. Gas Leak Detectors Market size is expected to reach US$ 969.7 million by 2024, from US$ 1,442.4 million in 2031, at a CAGR of 5.8% during the forecast period.
Key Takeaways
Key players operating in the U.S. Gas Leak Detectors are Honeywell International, Emerson Electric Co., Thermo Fisher Scientific, Drägerwerk AG & Co. KGaA, Shenzhen Detect Instruments Co., Ltd., General Electric, Siemens, MSA, ABB, Fortive. Key players are focusing on introducing pocket-sized and multi-gas detectors to capitalize on the growing demand from industries.
The U.S. Gas Leak Detectors Market Demand from end-use industries such as oil and gas, chemicals, food and beverages is driving the market growth. Rapid industrialization and increasing safety regulations have further increased the installation of gas detectors across facilities. The ability of gas detectors to detect hazardous gases at low concentrations and facilitate quick resolution of leaks is augmenting their adoption.
Major players are focusing on expanding their presence in developing countries through partnerships and joint ventures. Significant investments in infrastructure projects in Asia Pacific and Middle East are expected to open new growth avenues for players. Technological advancements in gas detectors incorporating smart sensors, alarms, data analytics is another factor fueling the industry expansion.
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