Frost & Sullivan presents RAE Systems with global leadership award in gas detection
Silicon Valley gas-detection manufacturer recognized for its leading market growth and product innovation
RAE Systems, Inc., a leading provider of toxic-gas and radiation monitoring solutions, today announced it has received the prestigious Frost & Sullivan Global Leadership Award for gas detection, based on the global research organization’s independent market research.
The annual award showcases companies in various market segments that capture the highest annual compounded growth over the past five years based on Frost & Sullivan’s independent analysis of worldwide markets. In the three-year period ended Dec. 31, RAE Systems achieved an impressive average year-over-year revenue growth exceeding 13 percent, and in the past five years, realized a compounded annual growth rate (CAGR) of 7 percent—nearly double the industry CAGR.