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Global Wireless Gas Detection Market Report (2017-2021) with Key Players Dragerwerk, Honeywell, Johnson Controls, MSA and United Electric Controls - ResearchAndMarkets.comThe "Global Wireless Gas Detection Market 2017-2021" report has been added to ResearchAndMarkets.com's offering. Global wireless gas detection market to grow at a CAGR of 5.97% during the period 2017-2021. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Mergers and acquisitions (M&A) and related market alliances and partnerships are the trends that will gain considerable momentum during the forecast period. The key vendors in the global gas detection market are focusing on sustaining their competitive edge in the market through enhancing their market presence. Increased investments in new avenues of technology also play a significant role in business development. Many vendors are focusing on diversifying their existing product portfolio through M&A. According to the report, one driver in the market is growing investments in oil and gas pipeline projects. The oil and gas industry, which is the key end-user in this market, is experiencing considerable growthin EMEA. The import and export from LNG and other gas plants has increased due to high demand. This is mainly supported by the shift toward gas production activities by the oil production companies, as it is providing more yield than oil. The shale gas production is the major driving factor for the installation of new pipelines in the US. Apart from US, the other countries like Iran, Nigeria, Indonesia, India, and Russia are implementing key and mega projects with significant investments, which will positively impact the adoption of latest wireless gas detection products. Further, the report states that one challenge in the market is malfunctioning and maintenance issues enhance operational expenditure. Taking predictive measures to arrest this malfunctioning of devices will ensure reduction in safety issues. For instance, in 2016, nearly 3.6 million units of smoke and gas detectors have been recalled in the US due to the anticipated risk that it could malfunction, which, in turn, can result in serious accidents. Key Vendors Other Prominent Vendors Key Topics Covered Part 01: Executive Summary Part 02: Scope of the Report Part 03: Research Methodology Part 04: Market Landscape Part 05: Market Sizing Part 06: Five Forces Analysis Part 07: Customer Landscape Part 08: Market Segmentation by End-User Part 09: Regional Landscape Part 10: Decision Framework Part 11: Drivers and Challenges Part 12: Market Trends Part 13: Vendor Landscape Part 14: Vendor Analysis For more information about this report visit https://www.researchandmarkets.com/research/8b89tb/global_wireless?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180313006491/en/ |