Japan Gas Detection Market Size & Outlook, 2023-2030
Japan gas detection market, 2018-2030 (US$M)
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Japan gas detection market highlights
- The Japan gas detection market generated a revenue of USD 280.7 million in 2023 and is expected to reach USD 652.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 12.8% from 2024 to 2030.
- In terms of segment, fixed gas detector was the largest revenue generating product in 2023.
- Portable Gas Detector is the most lucrative product segment registering the fastest growth during the forecast period.
Gas detection market data book summary
| Market revenue in 2023 | USD 280.7 million |
| Market revenue in 2030 | USD 652.9 million |
| Growth rate | 12.8% (CAGR from 2023 to 2030) |
| Largest segment | Fixed gas detector |
| Fastest growing segment | Portable Gas Detector |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Gas Detector, Portable Gas Detector |
| Key market players worldwide | ABB Ltd, Teledyne Technologies Inc, Fortive Corp, GE Aerospace, Honeywell International Inc, Thales Group, Opgal, Thermo Fisher Scientific Inc, Siemens AG, ATI Airtest Technologies Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 5.5% of the global gas detection market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China gas detection market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 644.0 million by 2030.
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Gas Detection Market Scope
Gas Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan gas detection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gas detection market will help companies and investors design strategic landscapes.
Fixed gas detector was the largest segment with a revenue share of 66.69% in 2023. Horizon Databook has segmented the Japan gas detection market based on fixed gas detector, portable gas detector covering the revenue growth of each sub-segment from 2018 to 2030.
Japan imports about 90% of its total energy requirements, and the country is majorly dependent on the Organization of the Petroleum Exporting Countries (OPEC) to meet its energy requirements. Saudi Arabia and the United Arab Emirates together contribute to approximately 60% of Japan’s oil and gas imports.
The country is focusing on decreasing its dependence on fossil fuels and has initiated various measures to increase the share of renewable energy in its energy mix. This is expected to boost the country’s oil & gas industry, in turn creating significant growth opportunities for the gas detection equipment market from 2024 to 2030.
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Target buyers of Japan gas detection market databook
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Our clientele includes a mix of gas detection market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan gas detection market , including forecasts for subscribers. This country databook contains high-level insights into Japan gas detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan gas detection market size, by product, 2018-2030 (US$M)
Japan Gas Detection Market Outlook Share, 2023 & 2030 (US$M)
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