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New study: Global wireless gas detection market share, growth rate +16.5% to 2024

Industrial Market Research

Global Wireless Gas Detection Market accounted to USD 1.1 billion in 2016 growing at a CAGR of 16.5% during the forecast period of 2017 to 2024.

Market Definition: 

Wireless gas detection Make an Inquiry about this news is the device that is used to detect the combustible and toxic gases. These gas detectors continuously monitor the toxic and other combustible gases and if the detector threshold cross the limit than a signal sends will notify the leakage.

The latest trend in this market is the development and consumption of wireless devices, it also provides the safety and also help in the reduction of the accident make the market grow in future. There is need of wireless gas detector for several industries like Oil and Gas, Chemical & Petrochemical, Utilities and Power Generation, Mining and Metals, Water and Wastewater Treatment Plants, Commercial Buildings and Public Facilities, Government and Military, Discrete Manufacturing Industries, Others will create a huge market for the wireless gas detection devices.