The wireless gas detection market with is estimated to grow from USD 1.5 billion in 2020 to USD 1.9 billion by 2025; it is expected to grow at a CAGR of 4.8%. The cost-effectiveness, increased safety, and portability of wireless gas detection devices and the time- and money-saving easy installation of wireless gas detection systems are the key factors driving the growth of the wireless gas detection market.
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The market for oil & gas accounted for the largest size in 2019. In the oil & gas industry, gas detection is required for various applications such as confined space entry, emergency response, fence line monitoring, fracking, leak detection, plant shutdown, and worker exposure. Refining facilities involve the use of lubricating oil, wax, and fuel products such as jet fuel gasoline and diesel, all of which pose a health hazard for workers. Moreover, workers in the oil & gas industry are exposed to hazardous substances such as carbon monoxide, hydrogen sulfide, ammonia, methane, and chlorides, which are released during the process of oil extraction.
The market for the industrial safety application is estimated to account for a larger share of the overall wireless gas detection market, in 2019. As safety is a top priority in most industries, a wide range of safety equipment are installed in these industries. Industrial chemicals and gases are prone to leaks and spills; their mismanagement can harm employees or workers, as well as manufacturing facilities, and disrupt production schedules. Wireless gas detection systems embedded with man-down alarms and GPS signals alert operators before an incident occurs and alert workers in advance. The various applications of wireless gas detection in industrial safety include emergency response, fence line monitoring, leak detection, plant shutdown, and incident response.
The market for wi-fi wireless technology is estimated to account for the largest share of the overall wireless gas detections market in 2019. Wireless fidelity (Wi-Fi) technology operates at 2.4 GHz or 5 GHz ISM bands with 802.11 standards and is used for data communication within the system. Gas detection devices with Wi-Fi technology support two modes of networking, namely, ad-hoc and infrastructure. The ad-hoc mode allows stations to spontaneously form a wireless local area network (LAN), in which all control stations communicate with each other in a peer-to-peer manner.
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In terms of value, North America led the wireless gas detection market in 2019, accounting for the largest share of the overall wireless gas detection market, by region. In the recent years, the wireless gas detection market has witnessed significant growth in oil & gas and chemicals industries in North America. This growth is attributed to the increasing need for the security and safety of workers working in environments where they are constantly exposed to toxic gases. Moreover, the growing need to prevent industrial accidents caused by undetected gas leakage, and the increasing pressure from insurance companies for ensuring safety are encouraging industries to install wireless gas monitors.
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