Considering the implementation of stringent regulations in the recent past, both commercial and industrial organizations are – now, more than ever before – under the vigil of more standards when it comes to ensuring workplace safety. For instance, government bodies such as the Occupational Safety and Health Administration (OSHA) have laid down specific guidelines for gas detection.
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When working in an industrial set up such as mines or chemical industries, there are numerous potential hazards that a worker can be exposed to. While hazards such as gas leakages are unforeseeable, they are definitely detectable and treatable. Gas detection has therefore emerged as the most potent method of determining the presence and measuring the amount of potentially hazardous gases in a given workplace environment.
Thanks to the innovation of the latest technologies, factories and other industrial facilities no longer need to install heavy equipment to ensure workplace safety. The advent of portable gas detectors has made the task of detecting and monitoring the concentration of gases in the air less complex.
An analysis by Transparency Market Research pegs the valuation of the global portable gas detection equipment market at US$1.1 bn in 2014. Rising at a positive CAGR of 4.80% between 2015 and 2023, the market is projected to reach US$1.7 bn by the end of 2023. Owing to their intrinsic benefits, the demand for portable gas detectors has considerably risen around the world.
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Asia Pacific, Europe, Latin America, the Middle East and Africa, and North America are identified as the most lucrative regional markets for portable gas detection equipment. Trends prevailing in these regions are enumerated below:
It is important to note in this regard that the market for portable gas detection equipment in the Middle East is dominated by GCC countries. These countries have occupied more than half of the overall market for portable gas detection in the region.