The proliferation of handheld devices has led to developments in the field of the gas detector, which has considerably widened the scope of application across multiple end-user segments. The government regulations across the world are increasingly becoming stringent in both emission control as well as labor safety, which is driving the demand for gas detectors. Industrial production process not only involves the use of various gases but also shares a considerable share of the overall environmental emissions. The government regulates leakage of such gases, and this is where the demand for gas detectors is increasing. For instance, the EU incorporated Directive 2010/75/EU an instrumental regulation in controlling pollutant emissions into the atmosphere by industrial installations. The governments across the world and political bodies are increasingly setting targets to reduce the emission of greenhouse gases. For example, the EU has set itself a goal of net-zero greenhouse gas emissions by 2050. Also, countries, such as China, the United States, India, and Russia, are increasingly adopting stringent regulations to tackle emission rates. Moreover, the government regulations for workplace and labor safety are increasingly becoming stringent, and adherence to such rules is vital in business continuity for organizations. According to the International Labor Organization (ILO) estimates that 4% of the gross world product is expended on worker accidents, and the percentage increases even further if we take into account the work-related health problems.

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHT

5. MARKET DYNAMICS

6. MARKET SEGMENTATION

7. KEY VENDOR PROFILES

8. INVESTMENT ANALYSIS

9. FUTURE OUTLOOK OF THE MARKET