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SOURCE Research and Markets
DUBLIN, January 30, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vsshsb/gas_analyzer) has announced the addition of the "Concise Analysis of the International Gas Analyzer, Sensor & Detector Market - Forecasts to 2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
Gas analyzer, sensor and detector (GASD) devices are primarily used as safety measuring devices for any industry to protect their plant and personnel. GASD devices exhibit high sensitivity, stability and high detection range properties. These properties can be enhanced with the addition of different sensors within the same device to enlarge detection ranges from single gas to multi gas. These multi-gas analyzers make GASD highly familiar and economical safety measures. The ability to have a complex detection and redesign, makes GASD efficient in several applications. There are two types of GASD systems on a major scale, namely, fixed and portable.
The GASD market is driven by petrochemical, refineries, gas pipeline and chemical industries and a range of applications, increasing R&D efforts to make GASD highly resourceful, and the huge demand from the construction sector which finds GASD useful in a myriad of applications. Other applications such as water treatment, health care and food packages, help the growth of the GASD market. Growing advancements and technological inventions in GASD equipment would be very effective in the future. GASD has been well perceived in various dominant end-user markets in the last few decades and are expected to be used for green concept buildings in the near future.
Globally, the Asia-Pacific region dominated the global GASD market revenue in 2012. U.S., Japan, China, U.K. and Germany shared 45.0% of the total GASD revenues in 2012. Asia-Pacific's GASD market for end-use applications is expected to grow at a CAGR of 7.3% from 2013 to 2018.
Market players concentrate on expanding their geographical reach. Other development strategies adopted by market players are new products launch, agreements & collaborations, and mergers and acquisitions.
The GASD market is contemplating high research activities to create new equipment to minimize toxic gas hazards. One of the major problems is the wide price range that makes device choosing very difficult and hard to derive optimal cost effectiveness.
Key Topics Covered:
2 Executive Summary
3 Premium Insights
4 Market Overview
5 GASD Market, By Technology
6 GASD Market, By Applications
7 GASD Market, By Systems
8 GASD Market, By Geography
9 Competitive Landscape
10 Company Profiles
For more information visit http://www.researchandmarkets.com/research/vsshsb/gas_analyzer
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