UK Gas Detection Market Size & Outlook, 2023-2030
UK gas detection market, 2018-2030 (US$M)
Related Markets
UK gas detection market highlights
- The UK gas detection market generated a revenue of USD 338.1 million in 2023 and is expected to reach USD 667.4 million by 2030.
- The UK market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, fixed gas detector was the largest revenue generating product in 2023.
- Fixed 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 338.1 million |
| Market revenue in 2030 | USD 667.4 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Fixed gas detector |
| Fastest growing segment | Fixed 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, UK accounted for 6.6% 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 Europe, Germany gas detection market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 667.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Gas Detection Market Scope
Gas Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 71.84% in 2023. Horizon Databook has segmented the UK gas detection market based on fixed gas detector, portable gas detector covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing emphasis on workplace safety and regulatory compliance has driven the demand for advanced gas detection technologies. Stringent regulations and standards pertaining to occupational safety have prompted industries to invest in cutting-edge gas detection equipment to mitigate potential risks.
In the U.K., the Oil & Gas Authority has drafted regulations, climate change policies, business strategies, and a technology adoption roadmap with a strong emphasis on the recovery of the U.K.’s oil and gas industry.
In addition, The British Standards Institution has drafted guidelines for the selection, installation, use, and maintenance of industrial combustible gas detectors in the U.K. Such initiatives are expected to drive the growth of the gas detection equipment market in the U.K.
Reasons to subscribe to UK gas detection market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK gas detection market databook
-
Our clientele includes a mix of gas detection market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK gas detection market , including forecasts for subscribers. This country databook contains high-level insights into UK gas detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK gas detection market size, by product, 2018-2030 (US$M)
UK Gas Detection Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
