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Gas Detection Equipment Market in South East Asia is expected to become worth US$5.6 bn over 2016-2024

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Gas Detection Equipment Market in South East Asia is expected to become worth US$5.6 bn over 2016-2024

October 25
13:54 2017

This report provides an analysis of the South East Asia gas detection equipment market for the period from 2014 to 2024, wherein the period from 2016 to 2024 comprises the forecast period and 2015 is the base year. Data for 2014 is provided as historical information. The report details the prominent trends and adoption analysis of gas detection equipment across South East Asia region over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market’s growth during this period.

The study provides a holistic perspective of the growth of the gas detection equipment market throughout the forecast period in terms of revenue estimates (in US$ Mn), across Singapore, Malaysia, Indonesia, Thailand, Vietnam, Myanmar, Brunei, Philippines, and rest of South East Asia countries. The report provides analysis of the South East Asia gas detection equipment market in terms of market estimates and forecasts for all the segments across different countries.

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South East Asia gas detection equipment market is primarily driven by increasing policies, acts, and regulations associated with workplace health and safety. The increasing emphasis on national occupational safety and health frameworks by South East Asian countries and international organizations such as international maritime organization (IMO) are supplementing the growth of gas detection equipment market. Similarly, increasing adoption of gas detection equipment by petro chemical, marine, and other companies across mining and electronics segment is contributing in the growth of gas detection equipment in South East Asia region.

The report includes the impact analysis of such factors under the market dynamics, categorized as the drivers and the restraints. Apart from this, the report also details on presence of supplier, manufacturer, and distribution network of key players under the value chain analysis. Apart from this, report also covers the porter’s five forces affecting the gas detection equipment market across South East Asia region. In this report, detailed information on comparison matrix, and market attractiveness analysis for all the segments is provided at regional as well as country level.

The report provides extensive information on policies and regulations implemented across the applications of gas detection equipment market, opportunities for the market across the countries. This is in consideration to the policies and regulations imposed by South East Asia countries for health and safety of work force and work environment expected to provide lucrative opportunities across the region.

South East Asia Gas Detection Equipment Market: Key Segments

Based on product type, South East Asia gas detection equipment market is categorized into fixed gas detection equipment, and portable gas detection equipment. On the basis of application, South East Asia gas detection equipment is segmented into mining, steel mill, petro chemical, construction, automobile, material, food & beverage processing & making, electronics, marine, utility services, government, security, medical, and environment detection. The study includes regional and country level key market trends of the gas detection equipment market.

The report also includes detailed information and estimates for the product type and application segment across each country for South East Asia gas detection equipment market. Moreover, the report also focuses on competitive profiling of the regional and global key players associated within the gas detection equipment market catering into South East Asia. The important business strategies adopted by them, their market positioning, and country specific revenue, and SWOT analysis have also been included in the research report. Apart from this, the report covers the market share analysis for each company across the South East Asian countries.

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The growing market potential for gas detection equipment in South East Asia region has led many companies to expand their presence across the South East Asian countries, and strengthen their distribution network. Among these companies, the major players in South East Asia gas detection equipment include Honeywell International, Inc., Mine Safety Appliances, Drägerwerk AG & Co. KGaA, Industrial Scientific Corporation, Riken Keiki Co., Ltd., New Cosmos Electric Co., Ltd., and Gastron Co., Ltd.

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