APAC Gas Detector Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 599.44 Million |
| Market Size (2029) | USD 825.15 Million |
| CAGR (2024 - 2029) | 6.60 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Gas Detector Market Analysis
The Asia Pacific Gas Detector Market size is estimated at USD 599.44 million in 2024, and is expected to reach USD 825.15 million by 2029, growing at a CAGR of 6.60% during the forecast period (2024-2029).
An important growth indicator is rapid urbanization in the region, due to which greenhouse gas emissions have increased tremendously, necessitating the deployment of gas detecting devices.
- The proliferation of handheld devices has led to developments in the field of gas detectors, which has considerably widened the scope of application across multiple end-user segments. Government regulations are increasingly becoming stringent in emission control and labor safety, driving the demand for gas detectors.
- Oil companies, such as Indonesia's Pertamina and PTTEP, are successfully maintaining domestic supply, attracting investors to expand the energy company's portfolio. These efforts are expected to increase the demand for gas detectors. Singapore is being highlighted as the hub for the petrochemical industry. This is because of the investments by the major global players in this industry, such as BASF, Lanxess, Mitsui Chemicals, and Shell. It has also been promoting initiatives for the reduction of carbon emissions.
- Wireless gas detection is helping accelerate the sheer number of deployments of gas detectors in previously inaccessible areas, which are too difficult to reach or costly for monitoring. Owing to this, the vendors in the market are increasingly focusing on developing and offering wireless solutions.
- However, wired gas detectors hold prominence in demand in industries and sites that run the risk of explosion. The existing detectors in places pretty evident in the oil and gas, chemicals, and petrochemical industries are expected to command significant demand. Wiring gas detectors are expected to cost a prominent market share, with higher growth and the need for wireless detectors.
- Also, the development of detector capabilities and miniaturization, coupled with improved communication capabilities, enables the integration of IoT sensors into various devices and machines without compromising the detection of toxic or flammable gases at safe distances.
- The cost of production for gas detectors has been steadily rising due to recent technological changes resulting in the use of intelligent components. Thus, this is expected to negatively impact the market due to the Marginal decrease in spending of customers in Key End-User Verticals such as Mining, Construction, and many more.
- COVID-19 has negatively impacted the market growth. This is because of the global lockdown of factories and industrial facilities, which has caused a declining usage of gas detector devices, except in the food and beverage sector. In this industry, gas detectors are being used more since the sector comes under essential services and works round the clock.
APAC Gas Detector Market Trends
This section covers the major market trends shaping the APAC Gas Detector Market according to our research experts:
Oil & Gas to Register Significant Growth
- The oil and gas market is the fastest in the region due to government initiatives encouraging the use of gas detectors. With the growing energy demand, the region is facing more significant challenges in securing the supply of energy resources to meet the domestic requirements of each economy.
- The Asia Pacific gas detectors market in the oil and gas sector is expected to grow in the future, owing to the enormous rise in demand for plant safety. The growing demand for gas monitoring amenities to detect the presence of harmful gases is expected to drive constant gas detector market growth, particularly in the industrial segment.
- The deployment of IoT in the oil and gas industry has realized superior field communication, real-time monitoring, digital oil field infrastructure, condensed cost of maintenance, reduced power consumption, higher productivity, and, thus, heightened safety and security of assets and workforce. For instance, gas wastage is a crucial issue that needs to be countered. LPG gas is highly flammable and can inflict harm to life and property. Gas detectors, coupled with IoT, can play a substantial role in gas detection and block the wastage of gases, thus fueling the market's growth.
- Furthermore, the businesses in the region are focusing on incorporating advanced technologies for proposing gas detecting product differentiation in the market. For instance, Huawei eLTE Gas Detection Solution provides efficient performance for IoT scenarios, requiring fewer devices, with correspondingly fewer management and maintenance efforts.
- Moreover, global energy needs are anticipated to increase by around 40% between 2013 and 2030, particularly in developing nations like India and China. The IEA (International Energy Agency) reported that the demand for oil and gas is projected to increase by 50% and 20% in those countries, respectively. Moreover, the discovery of oil reserves in countries like India and China (the Arabian Sea and Juggar Basin, respectively) and upcoming investments in exploration processes are expected to drive the need for gas detectors.
- Further, several initiatives are being implemented in the region to ensure safety. The APEC Oil and Gas Security Initiative (OGSI) was established to assist economies in tackling the issue of energy supply security and how to deal with potential supply shortages and emergencies. It has three critical pillars - Oil and Gas Security Exercise (OGSE), Oil and Gas Security Studies (OGSS), and Oil and Gas Security Network (OGSN). Thus, gas detectors are of paramount importance in these areas.
- Additionally, several regional projects are underway, which would increase the demand for gas detectors. Some of these include Sriracha Refinery Expansion & Upgrade (To be started in 2024 in Thailand), Pulau Muara Besar Refinery & Petrochemical Complex Phase 2 (To be started in 2022 in China), etc.
Fixed Gas Detectors to Hold Significant Market Share
- Fixed gas detectors are installed when there is a need for round-the-clock monitoring. They are designed to alert workers of the potential danger of toxic gas exposure, asphyxiation due to lack of oxygen, or explosion caused by combustible gases. These gas detectors are used in an enclosed or partially enclosed space where hazardous gases accumulate.
- Toxic gas detectors are widely used by industries including gas and oil, mining, nuclear, medical, food and beverage, construction, and industrial. A metal oxide-based gas sensor is one of the most commonly used detectors for detecting toxic gases. These sensors increase their electrical resistance by contacting gasses such as carbon monoxide, hydrogen, methane, and butane. Most home-based smoke detection systems are oxide-based sensors.
- Combustible gas detectors by Fixed type hold a significant share in the gas detectors market. These sensors detect and respond to combustible gases or vapors and are primarily used in industrial plants to detect gas leakage or buildup before it can reach an explosive level.
- These detectors measure the concentration of certain gases in a specified area through sensors such as infrared, electrochemical, ultrasonic, or semiconductor and compare that to a reference point or scale. If a sensor's response surpasses the pre-set level, an alarm, light, or combination of signals warns the user.
- Additionally, companies continuously invest in product innovation by incorporating advanced technologies in fixed gas detectors. These detectors are now being developed to monitor multiple gases. For instance, Teledyne's OLC 10 and OLCT 10 gas sensors are designed to detect combustible or toxic gases for tertiary applications (boiler plants, battery charging rooms, car parks, and hospitals). Two OLC 10's can be connected to one detection channel to monitor the same area without an additional junction box or wiring.
- For instance, in July 2021, ION Science launched Cub 11.7 eV personal device. This toxic gas detection solution operates in temperatures between 0 °C to 55 °C and is resistant to the effects of humidity or moisture. This gas detector weighs in at a mere 111 grams, so it is comfortable to wear; its compact size enables workers to move around unfettered by cumbersome equipment and has a battery life of up to 12 hours.
- Moreover, The presence of many industries in the APAC region is a crucial market wherein the demand for these detectors is increasing. The rising demand and stable profitability are attracting several vendors to enter the market. For instance, in February 2021, NevadaNano Inc., a gas detection sensor technology vendor, announced that Elematec Corporation would distribute its Molecular Property Spectrometer to its customer base throughout Japan.
- Furthermore, these detectors are also used in the oil & gas industry. Natural gas and crude oil are located deep underground, concealed in rock layers, are difficult to access, and are found in places with extreme climates. Thus, advancements in sensor capability coupled with increasing computing power are driving the demand for these detectors.
APAC Gas Detector Industry Overview
The Asia Pacific Gas Detectors Market is moderately competitive and consists of several major players. Major players with a prominent share in the market are focusing on expanding their customer base across the countries in the APAC region. These companies leverage strategic collaborative initiatives to increase their market share and profitability.
- April 2022 - MSA Safety Incorporated announced the availability of its latest industry game-changer - the ALTAIR io 4 Gas Detection Wearable device. This is MSA's first direct-to-cloud gas detector to feature. Designed to work in concert with the company's new MSA+ safety subscription service, the ALTAIR io 4 device represents the hardware portion of a cloud-ready suite of technology that MSA calls the Connected Work Platform.
- October 2021 - Honeywell International Inc. introduced two advanced Bluetooth-connected gas detectors - Searchline Excel Plus and Searchline Excel Edge. Designed for oil and gas, chemical, petrochemical, and other industrial facilities, the company's latest gas detectors facilitate constant monitoring of hazardous and flammable gas leaks in the rain, fog, snow, and other severe weather conditions.
APAC Gas Detector Market Leaders
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Draegerwerk AG & Co KGaA
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MSA Safety Incorporated
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Honeywell Analytics, Inc.
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Industrial Scientific Corporation
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Det-Tronics (a Carrier Company)
*Disclaimer: Major Players sorted in no particular order
APAC Gas Detector Market News
- June 2022 - Industrial Scientificannounced that the Radius BZ1 Area Monitor now supports hydrogen chloride (HCl), chlorine dioxide (ClO2), and infrared (IR) sensors within the removable SafeCore module. With these new sensor offerings, the Radius BZ1 can now be used more extensively to detect hazardous gases in the fence line and perimeter monitoring, hot work, and other area monitoring applications.
- February 2022 - Figaro Engineering, Japan-based Gas Sensors company, announced its new upcoming Lead-free Oxygen sensors. The sensors are Galvanic type Oxygen Sensors and Potentiostatic Electrolysis type Oxygen Sensors, which are in final development and yet to release in the coming future.
- April 2022 - Dräger released a new acoustic gas leak detector with an ultrasonic sensor. The Dräger Polytron 8900 ultrasonic gas leak detector (UGLD) transmitter is an early warning area monitor for detecting high-pressure gas leaks in outdoor industrial process environments. The ultrasonic acoustic sensor responds better than conventional gas detectors because it registers the sound of leaking gas instead of measuring the concentration of accumulated gas clouds.
APAC Gas Detector Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Intensity of Competitive Rivalry
4.3.5 Threat of Substitutes
4.4 Assessment of COVID-19 impact on the industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Awareness on Worker Safety and Stringent Regulations
5.1.2 Steady Increase in the Industrial Sector in Key Emerging Countries in Asia-Pacific, Coupled with Expansion Projects
5.2 Market Challenges
5.2.1 Recent Outbreak of COVID-19 and Marginal Decline in Spending in Key Verticals Expected to Pose a Concern to Manufacturers
5.3 Distribution Channel Analysis
5.4 Key Industry Standards and Regulations
5.5 Type of Communications Used Wired Vs. Wireless
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Fixed
6.1.1.1 Toxic Gas Detectors
6.1.1.2 Combustible Gas Detectors
6.1.2 Portable
6.1.2.1 Single-gas
6.1.2.2 Multi-gas
6.2 By End-user Verticals
6.2.1 Oil and Gas
6.2.2 Chemical and Petrochemical
6.2.3 Water and Wastewater
6.2.4 Power Generation
6.2.5 Metals and Mining
6.2.6 Food and Beverage
6.2.7 Other End-user Verticals (Construction, Pharmaceuticals, etc.)
6.3 By Country
6.3.1 China
6.3.2 Japan
6.3.3 India & South Korea
6.3.4 Australia & New Zealand
6.3.5 Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Philippines, and Vietnam)
7. COMPETITIVE LANDSCAPE
7.1 Vendor Ranking Analysis (Ranking of Vendors based on Key Differentiating Parameters)
7.2 Company Profiles
7.2.1 Honeywell Analytics Inc.
7.2.2 MSA Safety Incorporated
7.2.3 Draegerwerk AG & Co. KGaA
7.2.4 Industrial Scientific Corporation
7.2.5 Det-Tronics (a Carrier Company)
7.2.6 Teledyne Technologies Incorporated
7.2.7 Crowncon Detection Instruments Limited
7.2.8 RKI Instruments Inc.
7.2.9 GFG Gesellscharft
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Gas Detector Industry Segmentation
- The gas detector measures and indicates the concentration of certain gases in the air via different technologies. These are characterized by the type of gases they can detect across the environment. Within this broad categorization, they are also defined by their technology. The study describes the Asia Pacific gas detectors market based on the end-user industry, which includes oil and gas, chemical and petrochemical, water and wastewater, metal and mining, power generation and transmission, and other end-user industries.
- The Asia Pacific Gas Detector market is segmented by Type (Fixed (Toxic Gas Detectors, Combustible Gas Detectors), Portable (Single-gas, Multi-gas)), End-user Verticals (Oil and Gas, Chemical and Petrochemical, Water and Wastewater, Power Generation, Metals and Mining, Food and Beverage), and Country.
| By Type | ||||
| ||||
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| By End-user Verticals | |
| Oil and Gas | |
| Chemical and Petrochemical | |
| Water and Wastewater | |
| Power Generation | |
| Metals and Mining | |
| Food and Beverage | |
| Other End-user Verticals (Construction, Pharmaceuticals, etc.) |
| By Country | |
| China | |
| Japan | |
| India & South Korea | |
| Australia & New Zealand | |
| Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Philippines, and Vietnam) |
APAC Gas Detector Market Research FAQs
How big is the Asia Pacific Gas Detector Market?
The Asia Pacific Gas Detector Market size is expected to reach USD 599.44 million in 2024 and grow at a CAGR of 6.60% to reach USD 825.15 million by 2029.
What is the current Asia Pacific Gas Detector Market size?
In 2024, the Asia Pacific Gas Detector Market size is expected to reach USD 599.44 million.
Who are the key players in Asia Pacific Gas Detector Market?
Draegerwerk AG & Co KGaA , MSA Safety Incorporated, Honeywell Analytics, Inc., Industrial Scientific Corporation and Det-Tronics (a Carrier Company) are the major companies operating in the Asia Pacific Gas Detector Market.
What years does this Asia Pacific Gas Detector Market cover, and what was the market size in 2023?
In 2023, the Asia Pacific Gas Detector Market size was estimated at USD 562.33 million. The report covers the Asia Pacific Gas Detector Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Gas Detector Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Gas Detector Industry Report
The Asia Pacific Gas Detector market encompasses a wide range of industry segments and verticals, providing essential insights into market trends and growth rate. The market analysis includes both fixed and portable gas detectors, with further classification into toxic gas detectors, combustible gas detectors, single-gas, and multi-gas detectors. The industry report highlights the key end-user verticals such as oil and gas, chemical and petrochemical, water and wastewater, power generation, metals and mining, and food and beverage sectors.
The market size and market share data are crucial for understanding the current landscape and future market predictions. The industry outlook and market forecast offer a comprehensive perspective on the expected market growth, while the market segmentation provides detailed insights into the various segments within the market. The market overview and market review sections give a historical perspective and an analysis of market leaders.
The industry research and industry information sections provide valuable data for companies looking to understand the market dynamics and make informed decisions. The report example and report pdf offer a detailed view of the market value and industry statistics. The industry trends and market data sections highlight the latest developments and future prospects in the Asia Pacific Gas Detector market.
Overall, this industry analysis and market forecast provide a thorough understanding of the market, helping research companies and stakeholders to navigate the market landscape effectively.
