Size of Global Hydrogen Fluoride Gas Detection Market Will Reach to $880.0 Million by 2030: Polaris Market Research
The global hydrogen fluoride gas detection market size is expected to reach USD 880.0 million by 2030 according to a new study by Polaris Market Research. The report “Hydrogen Fluoride Gas Detection Market Share, Size, Trends, Industry Analysis Report, By Form (Gas, Liquid); By Type (Fixed Devices, Portable Devices): By End-Use; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The introduction of new products and variations in hydrogen fluoride and rising demand for hydrofluorocarbons (HFC) and hydrofluorolefins (HFO) in many industries will drive gas detection industry growth. For instance, in November 2021, Exponential Power, a leading provider of stored power solutions, introduced hydrogen fluoride gas sensing technology to satisfy US Department of Defense (DoD) requirements.
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This detector was the company’s renowned SBS-H2 system, and it provides higher Lower Explosive Limit (LEL) detection levels. It is critical in the battery locations, where gas can build up to highly combustible levels. Further, the expansion of the automobile business will continue demand for hydrogen fluoride, particularly due to the extensive use of aluminum in automobiles. Industry’s strong sales and new product variability in hydrogen fluoride, growing preference for hydro-fluoro carbons (HFC) and hydro-fluorolefins (HFO), and the rising need in the several varied industries will drive industry growth. The emergence of HFOs is expected to drive the global market.
Based on the type, the portable devices segment accounted for the leading share in the market. Portable devices, such as detectors and hand-held controllers, are comparatively less expensive to the end-users than the fixed monitors and make the process easier for the gas leak.
Market players include Drägerwerk AG & Co. KGaA, ATB Analytics LLC, Crowcon Detection Instruments Ltd., R.C. Systems, Gao Tek, Gasera Ltd., GFG Instrumentation, Inc., Honeywell International Inc., Analytical Technology, Inc., International Gas Detectors, MSA Safety Incorporated, RKI Instruments, Sensidyne, LP, New Cosmos Electric Co., Ltd., and Teledyne Technologies Incorporated are some key players operating in the global market.
In April 2021, HoverGuard, ABB’s latest gas-detection system, is designed to assist supervise the 3 million miles of pipeline used throughout the United States and assist in compliance with new legislation. HoverGuard detects, quantifies, and layouts leak up to 300 feet from natural gas transmission and distribution systems pipelines, gathering lines, storage areas, and other potential sources using an unmanned aerial vehicle (UAV). It produces detailed digital reports that summarise results and share them within minutes of completing a survey.
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Polaris Market Research has segmented the hydrogen fluoride gas detection market report based on type, form, end-use, and region:
Hydrogen Fluoride Gas Detection, Form Outlook (Revenue – USD Million, 2018 – 2030)
- Gas
- Liquid
Hydrogen Fluoride Gas Detection, Type Outlook (Revenue – USD Million, 2018 – 2030)
- Fixed Devices
- Portable Devices
Hydrogen Fluoride Gas Detection, End-Use Outlook (Revenue – USD Million, 2018 – 2030)
- Chemical
- Mining & Metallurgical
- Pharmaceuticals
- Glass Etching
- Others
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Published Wed, 22 Jun 2022 03:39:45 -0500
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