According to a new market report published by Persistence Market Research “Global Market Study on Gas Leak Detector Market - Asia Pacific to Witness Highest Growth by 2020”, The global gas leak detectors market accounted for US$ 2,312.2 Mn in 2014 and while exhibiting a CAGR of 5.3% over the forecast period. The Global Gas Leak Detector Market is expected to reach US$ 3143.67 Mn by the end of 2020, representing a CAGR of 5.29% through 2015 to 2020. Key driving factors, identified in the global gas leak detectors market are stringent government safety norms, growing investment in oil & gas and chemical Industries and increasing commercial and residential infrastructure development. However, lower profit margin due to intense competition deferred investments in oil and gas might pose a challenge towards the growth of the global gas leak detector market. Some of the major trends identified in the global gas leak detector market are the use of internet of everything (IoT) a...