According to a new market report by Lucintel, the future of the global catalytic bead sensor market looks promising with opportunities in the mining, oil & gas, automotive, and wastewater treatment industries. The global catalytic bead sensor market is expected to grow with a CAGR of 7% from 2020 to 2025. The major growth drivers for this market are stringent government rules, norms, and regulations for workplace along with increasing concern towards workplace safety.
In this market, fixed sensor and portable sensor are two major product types.
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Within the catalytic bead sensor market, industrial will remain the largest end use industry, and it is also expected to witness the highest growth over the forecast period due to increasing installation of catalytic bead gas sensor in industrial setups to avoid any gas-related hazards and for environment monitoring.
North America will remain the largest region, and it is also expected to witness the highest growth over the forecast period, supported by rising demand for low-cost, reliable gas sensor, which is fueling the expansion of the market for catalytic bead gas sensor across North America.
MSA Safety, Draeger, Nenvitech, Sierra Monitor, Emerson, and Crowcon are among the major manufacturers of the global catalytic bead sensor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global catalytic bead sensor market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in the Global Catalytic Bead Sensor Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global catalytic bead sensor market by product type, end use industry, and region as follows:
By Product Type [$M shipment analysis for 2014 – 2025]:
Fixed Sensor
Portable Sensor
By End Use Industry [$M shipment analysis for 2014 – 2025]:
Wastewater Treatment
Mining
Automotive
Oil & Gas
Industrial
Others
By Region [$M shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
China
Japan
India
South Korea
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.