Global Ultrasonic Gas Leak Detectors Market 2017-2021
About Ultrasonic Gas Leak Detectors
gas detector, part of a safety system, is used to detect the presence of gasses in an area. This equipment is used to detect a gas leak or other emissions that can interfere with the control system so that a process can be shut down automatically. Ultrasonic gas leak detectors are a form of gas detectors that use acoustic technology to detect a gas leak. Ultrasonic sounds between the range 25 kHz and 100 kHz, which are inaudible to the human ear, are detected by the device.
Technavio’s analysts forecast the global ultrasonic gas leak detectors market to grow at a CAGR of 3.78% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global ultrasonic gas leak detectors market for 2017-2021. To calculate the market size, the report considers the demand for robust designed ultrasonic gas leak detectors in oil and gas and chemical industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ultrasonic Gas Leak Detectors Market 2017-2021
Technavio recognizes the following companies as the key players in the global ultrasonic gas leak detectors market: Bacharach, Detector Electronics, Spectris, SONOTEC, Emerson and MSA.
Other Prominent Vendors in the market are: AOIP, Cygnus, Diatex, INFICON, MISTRAS Group, SUTO iTec, and Synergys Technologies.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing smart oil and gas fields. Oil and gas fields are scattered and are present in remote locations, with tough terrain conditions. Many oil and gas companies find it difficult to transfer instructions and information about the oil fields in such areas and require a single command center for controlling and monitoring all fields.”
According to the report, one of the major drivers for this market is Increase in adoption of gas turbine power plants. The growth of the global gas turbine market is driven by the increasing replacement of coal-fired power plants by natural gas-based turbine power plants, along with the rising efficiency and durability of gas turbines due to the development and heavy investments by manufacturers.
Further, the report states that one of the major factors hindering the growth of this market is High cost of ultrasonic gas leak detectors. One of the major challenges faced by the market is the high cost of the product, coupled with the cost of implementation of the system. Ultrasonic gas leak detectors are adopted in various end-user industries, such as oil and gas, chemical, petrochemical, and other manufacturing facilities. There may be a requirement to install a number of ultrasonic gas leak detectors in a single facility.
Bacharach, Detector Electronics, Spectris, SONOTEC, Emerson, MSA, AOIP, Cygnus, Diatex, INFICON, MISTRAS Group, SUTO iTec, and Synergys Technologies.