Asia Pacific Gas Detection market will be strong growth

Honeywell's British urban technology company the latest market trend analysis data show that strong growth in the global industrial gas detection industry. At present, the output value of the field has reached $22 billion, the largest contribution to growth from the oil and gas industry, and the growth of petroleum and natural gas industry and special benefit to North American countries, led by the development of shale gas and a growing global demand for energy.

City technology company is the world's top life safety and gas emission analysis system for gas sensor suppliers, in the world's 20000000 billion US $4 gas sensor market occupies an important seat. As the core technology provider of the gas detection system, the advanced gas sensing scheme of the British urban technology can effectively ensure the safety of gas detection.

British city Technology Co., Ltd. Asia Pacific General Manager to talk about clear Mr. to this market is described as a vigorous, full of opportunities and sustained growth of the market. "The current gas detection market growth momentum is very strong. We estimate that over the next five years, the demand for gas sensors in the Asia Pacific region will grow by 10% a year, while a larger market will have an annual growth rate of 5-6%. The continued growth of the City Technology Ltd in the Asia Pacific region mainly benefits from a large number of new product development, more stringent health and safety legislation and the steady growth of the customer base. These growth driving force and some benefit from the oil field development and expansion in Southeast Asia and offshore oil exploration in australia." City technology company also expects gas detection market in North America will be driven by the promotion of shale gas mining appears a more robust growth.

In addition, the new trend of gas detection is no longer confined to the traditional market. British city technology specifically pointed out that the rapid growth of the market demand for medical and civil gas detection of carbon monoxide and combustible gas sensor. At present, the sum of the market value of the two sensor has reached nearly $90 million. Talk about Mr. sunny confirmed that: "these future market growth also benefit to health and safety consciousness enhancement, and laws and regulations to promote, and the growing global energy demand and economies expand will influence the driving factors, and determines the development of the future market of gas detection.

British urban technology company for 28 kinds of gas 300 a variety of sensors, the company in Asia Pacific, Europe and the United States are expanding operations center, company advantaged conditions will be very beneficial to grasp the gas detection market development opportunities and continue to maintain its leading position in the field of gas body sensor technology.