Tag Archives: Safety Equipment

Gas Sensors Market Present Scenario and Growth Prospects from 2017 to 2024

Gas Sensors Market size was over USD 2 billion, with more than 900 million units shipped in 2016. Gas Sensors Market size is set to exceed USD 2.8 billion by 2024; according to a new research report by Global Market Insights, Inc. Gas sensors market is one among the few vibrant business spheres where innovations and technology quite aptly outline the key to profitability and opportunities.

Gas Sensors market in Latin America driven by increasing adoption of components in domestic appliances

Gas Sensors Market size was over USD 2 billion, with more than 900 million units shipped in 2016. Gas Sensors Market size is set to exceed USD 2.8 billion by 2024; according to a new research report by Global Market Insights, Inc. The global shipments are forecast to grow at over 7% CAGR from 2017 to 2024. The gas sensors market is expected to gain momentum over the forecast timespan, owing to the increasing penetration across applications such as handheld and smart devices. Increasing adoption custom-designed sensors from oil & gas industry to ensure safe working environments is expected to fuel the demand. Manufacturers are innovating continuously to introduce application-specific components for critical applications such as explosion-proof transducers and meet standards such as ATEX and CSA.

Increasing Demand For Global Traffic Safety Equipment Market Over The Period 2017 – 2021

Researchmoz added Most up-to-date research on “Increasing Demand For Global Traffic Safety Equipment Market Over The Period 2017 – 2021” to its huge collection of research reports.

Traffic safety equipment plays a crucial role in road safety management. It is essential to maintain safety on the roads for pedestrians, as well as drivers. Increasing accidents and fatalities are driving the demand for traffic safety equipment. Another factor driving this demand is the rise in transport infrastructure investment worldwide to improve the operational performance of road transport, including traffic management, vehicle tracking, and additional road networks. APAC will have the largest transport infrastructure market with an investment increasing from $500 billion per year to nearly $850 billion per year by 2025.

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