Key Market Trends

Gas detection manufacturer of South East Asia are focusing on capturing potential industries such as food and beverages, utility services, mills, and other sectors such as environment and transportation as these industries are massively focusing on adopting gas detection devices which include detectors, transmitters, and controllers to monitor and control the emission of hazardous gases.

Apart from this, companies are providing detection sensors that are far from the transmitters and yet are capable of identifying hazardous gases. The multiple-channel feature of transmitters is adding to the adoption of transmitters across the country.

Increasing activities in the petrochemical industry, particularly in the offshore and oil & gas sector boosting the demand for effective gas detectors across South East Asia.


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Moreover, the demand for enhanced and modified gas detectors is increasing. Apart from this, the adoption of gas detectors in the marine industry is growing owing to the policies and regulations provided by the International Maritime Organization (IMO) for the safety purpose.


Key Market - Drivers

Strict regulatory policies regarding workplace safety are expected to drive growth of the South East Asia gas detection device market during the forecast period.

Furthermore, countries such as the Philippines have focused on National Occupational Safety and Health (OSH) frameworks by imposing legislation and labor standards

Gas detection devices are expected to reduce the time needed for the assessment of gases by removing manual monitoring of the potential explosion of gases in the area.


Key Market Dynamics- Restraints

Reduced profit margins are expected to restrain growth of the South East gas detection device market during the forecast period. Product uniqueness is less as the functioning of these components is relatable. Penetration pricing strategy has reduced profits obtained from products and services.

Technical issues and cost factors are expected to hinder the South East Asia Gas detection device market growth over the forecast period. These challenges include faulty readings, frequent failures, etc. Repairing and maintaining operations require skilled personnel


South East Asia Gas Detection Device Market - Impact of (Covid-19)

The demand for gas detection devices, which are majorly used in petrochemical industry, decreased. During Covid-19, automotive industry witnessed significant drop in the sale of vehicles. For instance, according to Coherent Market Insights, the sale of the domestic vehicle have reduced to 6.9 % in 2020.


Market Opportunities

Increasing foreign direct investment (FDI) in greenfield projects can present lucrative growth opportunities. As stated by the Asian Development Bank (ADB), 39% of all the infrastructure deals (from 2010 to 2015) were Greenfield developments. Greenfield projects represented two-thirds of the total projects in South East Asia and the Pacific region. For instance, according to the World Investment Report published by United Nations Conference on Trade and Development (UNCTAD) based in Switzerland in 2015, FDI Greenfield projects across South East Asia have increased by 9.6%.

The rapid development in technologies has resulted in the introduction of advanced and innovative products in the Gas Detection Device market. For instance, United Electric Controls based in Watertown, Massachusetts, the U.S. has its distributors in Singapore, Indonesia, and Malaysia. It offers gas detectors with wirelessHART technology across the gas detection applications, especially for oil & gas production facilities.


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Market Segmentation

By Type: Fixed, Portable.
By Device: Detector, Transmitter, Controller.
By Application: Mining, Steel Mill, Petro Chemical, Construction, Automobile, Material, Food & Beverage Processing, Electronics, Marine, Utility Services, Government, Security, Medical, Environment Detection