2018-2023 Formaldehyde Detectors Consumption Market Report

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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Formaldehyde Detectors market for 2018-2023.

Formaldehyde Detector is used to measure Formaldehyde content in air.
This report mainly covers the portable and stationary product types, while we can also offer any product survey report related to the Formaldehyde Detector industry chain.
In the past five years from 2012 to 2016, global Formaldehyde Detectors production revenue market scale was from 73.58 million US dollars to $ 83.23 million. It is estimated to reach 86.29 million dollars by 2017 and 103.81 million dollars by 2022, with the CAGR of 3.77% in terms of revenue over the period 2017-2022.
The Formaldehyde Detectors consumption volume was 143.63 K Units in 2016 and is expected to reach 153.10 K Units in 2017 and 211.35 K Units in 2022, growing at a CAGR of 6.66% from 2017 to 2022. China`s sales volume accounted for the highest market share (59.65%) in 2016, followed by the Europe and North America.
At present, the manufactures of Formaldehyde Detectors are concentrated in North America, Europe, China and Asia-Pacific (excluding China). China is the largest production area in the world, which occupied about 55.17% in 2015. The following areas are Europe and North America. The global leading players in this market are RAE System, Riken Keiki, New Cosmos, Extech, Begood, PPM Technology, etc.
Over the next five years, LPI(LP Information) projects that Formaldehyde Detectors will register a 3.8% CAGR in terms of revenue, reach US$ 110 million by 2023, from US$ 86 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Formaldehyde Detectors market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Portable
Stationary
Segmentation by application:
Industrial
Household
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
RAE System
Riken Keiki
New Cosmos
Extech
Begood
PPM Technology
Bacharach
Shenzhen Chinaway
Uni-Trend
Hal Technology
GrayWolf
Bramc
Environmental Sensors
Bebur
E Instruments
Lanbao

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Formaldehyde Detectors consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Formaldehyde Detectors market by identifying its various subsegments.
Focuses on the key global Formaldehyde Detectors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Formaldehyde Detectors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Formaldehyde Detectors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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