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02 Mar 2022 | Europe | Market Research
Western European Gas Detection Equipment Growth Opportunities
Innovative Business Models of Platform/Product as a Service (PaaS) and Rental Platforms to Enable Manufacturers' Direct Tie-ups with End-customers and Enhance Product Penetration
The Western European gas detection equipment market generated revenue of €668.1 million in 2021. The market demand is expected to be driven by the increasing competitive intensity, adoption of wireless and connected technologies, and stringent regulatory norms. Amongst the 3 product segments, the fixed gas detection segment accounted for 46.0%...
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