Central & South America Gas Detection Equipment Market, 2018-2030, By Application (USD Million)

Year INDUSTRIAL OIL & GAS CHEMICALS & SPECIALTY CHEMICALS MINING WATER TREATMENT SEMICONDUCTORS OTHERS COMMERCIAL HOUSEHOLD
2018 $ 228.3 $ 117.2 $ 37.1 $ 40.5 $ 20.0 $ 7.0 $ 6.5 $ 54.7 $ 9.6
2019 $ 246.9 $ 126.6 $ 40.1 $ 43.9 $ 21.8 $ 7.5 $ 7.1 $ 59.4 $ 10.5
2020 $ 267.4 $ 136.9 $ 43.3 $ 47.6 $ 23.8 $ 8.1 $ 7.8 $ 64.6 $ 11.4
2021 $ 284.0 $ 145.2 $ 45.8 $ 50.8 $ 25.4 $ 8.5 $ 8.4 $ 69.0 $ 12.2
2022 $ 303.3 $ 154.8 $ 48.8 $ 54.4 $ 27.3 $ 9.0 $ 9.0 $ 73.9 $ 13.1
2023 $ 324.0 $ 165.2 $ 52.0 $ 58.2 $ 29.4 $ 9.6 $ 9.7 $ 79.4 $ 14.0
2024 $ 347.0 $ 176.7 $ 55.5 $ 62.5 $ 31.7 $ 10.2 $ 10.5 $ 85.4 $ 15.1
2025 $ 372.0 $ 189.1 $ 59.4 $ 67.2 $ 34.2 $ 10.8 $ 11.3 $ 91.9 $ 16.3
2026 $ 399.6 $ 202.9 $ 63.6 $ 72.4 $ 36.9 $ 11.5 $ 12.2 $ 99.2 $ 17.6
2027 $ 430.0 $ 218.0 $ 68.3 $ 78.1 $ 40.0 $ 12.3 $ 13.3 $ 107.2 $ 19.1
2028 $ 463.7 $ 234.8 $ 73.4 $ 84.4 $ 43.4 $ 13.2 $ 14.4 $ 116.1 $ 20.7
2029 $ 501.2 $ 253.4 $ 79.1 $ 91.5 $ 47.2 $ 14.2 $ 15.7 $ 126.0 $ 22.4
2030 $ 542.1 $ 273.8 $ 85.4 $ 99.2 $ 51.4 $ 15.2 $ 17.1 $ 136.9 $ 24.4
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Central & South America Gas Detection Equipment Market, 2018-2030, By Application (USD Million)

Synopsis
The above chart is Central & South America Gas Detection Equipment Market, 2018-2030, By Application (USD Million)

Market Dynamics

central and south america gas detection equipment market gas detection equipment is a critical component of any industrial setup where the presence of potentially hazardous gases is a possibility. this equipment helps in detecting the levels of gases such as carbon monoxide, oxygen, hydrogen sulfide, and others in the surrounding environment and alerts the individuals in case of a dangerous concentration. these devices are essential in industries such as oil and gas, chemical, mining, and others. the central and south america gas detection equipment market is witnessing significant growth, driven by factors such as increasing safety regulations and growing awareness about workplace safety. government initiatives and investments towards improving workplace safety have also fueled the market growth in recent years. the awareness about the impact of toxic gases on human health and the environment has also increased the demand for gas detection equipment. the market is categorized into portable and fixed gas detection equipment based on type. the portable segment is expected to hold a dominant share in the market due to the ease of transportation and use of these devices. they are highly preferred in industries such as mining, construction, and oil and gas, where workers need to move around and monitor the gas levels in different areas. on the other hand, fixed gas detection equipment is mostly used in manufacturing facilities where hazardous gases are a constant presence. based on application, the market is segmented into oil and gas, industrial, building automation, and others. the oil and gas segment is expected to dominate the market due to the high-risk environment in this industry. the demand for gas detection equipment is also increasing in the industrial segment due to the stringent regulations and increasing awareness about occupational safety. brazil, argentina, and mexico are the major contributors to the central and south america gas detection equipment market. the growth in these countries can be attributed to the rising industrial activities and increasing investments in infrastructure development. the growing emphasis on renewable energy sources and the use of natural gas as a cleaner alternative to coal has also boosted the market growth. in conclusion, the central and south america gas detection equipment market is expected to witness strong growth in the coming years due to the increasing focus on workplace safety and government initiatives for the same. with the growing awareness about the impact of hazardous gases, the demand for gas detection equipment is expected to increase across various industries, ensuring a positive outlook for the market in the region.

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