Gas Detector Market - Forecast(2020 - 2025)
Gas Detector Market Overview: There is an overwhelming concern about the incidents due to gas leakage in various industries. Moreover, there is a lot of poisonous gases that are liberated from the industries and put human lives at risk. Now, according to a 2017 report by the Centers for Disease Control and Prevention, there were 393 deaths resulting from unintentional carbon dioxide inhalation in 2015[1] , and the industries are trying to control the same to date which is leading to the growing demand for gas detectors. According to the market analyst of IndustryARC, gas detector market size was valued to be $2100 million to $2400 million in 2018. Furthermore, the market expert estimates the demand for the product to growth at a CAGR of 4% during the forecast period of 2019 to 2025. The mining industry in North America is undergoing a glaring growth owing to the rising commodity prices. Furthermore, there has been a noticeable industrial development in various sectors such as oil...