Europe Gas Detectors Market Size

Europe Gas Detectors Market Analysis

The European gas detectors market is expected to register a CAGR of 3.26% over the forecast period (2021-2026). The rapid growth of handheld devices has led to developments in the gas detector field, which has considerably widened the scope of application across multiple end-user segments. The government regulations in Europe are increasingly becoming stringent in both emission control and labor safety, thus, driving the demand for gas detectors.

• The industrial production process involves the use of various gases and shares a considerable share of the overall environmental emissions. The European Union Incorporated Directive 2010/75/EU effectively controls pollutant emissions into the atmosphere by industrial installations.
• The European Union has set a goal of net-zero greenhouse gas emissions by 2050 and is increasingly adopting stringent regulations to tackle emission rates. The governments across Europe are increasingly setting targets to reduce greenhouse gas emissions, and this factor is expected to impact the gas detectors market in Europe positively.
• The region is also witnessing the development in IIoT. The customer propensity toward IoT gas detectors is increasing, and the companies in the market are focusing on developing a product portfolio specific to IoT solutions. The growth in demand for the gas detector in recent years and over the coming years is expected to be significant due to the need for wireless detectors due to the requirement of continuous and real-time monitoring and detection of emissions.
• However, the region is witnessing a massive COVID-19 outbreak, especially Spain, Italy, France, and the United Kingdom, where the respective governments imposed lockdowns. Thus, this is expected to negatively impact the market due to interruptions in the working of specific end-user industries where there is a significant usage of gas detectors.