Global Gas Sensors Market, By Technology (Electrochemical, Photoionization Detectors, Solid State or Metal Oxide Semiconductor, Catalytic, Infrared, Laser, Zirconia, Holographic and Others), Gas Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Ammonia, Chlorine, Hydrogen Sulphide, Nitrogen Oxides, Volatile Organic Compound, Hydrocarbons, Methane and Hydrogen), End User (Water and Wastewater Treatment, Medical, Oil and Gas, Automotive and Transportation, Food and Beverages, Metals and Chemicals, Mining, Consumer Electronics, Power Stations and Smart Cities), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Growth in the proliferation of consumer electronics especially in the developing economies, increased focus of the major players on technological advancements in the sensor technologies, and increasing application of gas sensors for a wide range of applications such as water and wastewater treatment, medical, oil and gas, automotive and transportation, food and beverages, metals and chemicals, mining, consumer electronics, power stations and others are the major factors attributable to the growth of gas sensors market. Data Bridge Market Research analyses that the gas sensors market will exhibit a CAGR of 7.03% for the forecast period of 2021-2028. Therefore, the gas sensors market would stand tall by USD 1.54 billion by 2028.
From the name itself, it is clear that gas sensors are the devices that are used to detect the presence of toxic gases, flammable and combustible gases in a given environment. The gas sensors enable loud alarms on detection of a concentration of gases which in turn results in deciding and undertaking necessary operations.
Increased focus on the technological advancements coupled with supportive governmental initiatives will emerge as the major market growth driving factor. Growing industrialization and rising enforcement of various safety and occupational health regulations will further aggravate the market value. Growing availability of miniaturized wireless sensors and surge in the awareness about air pollution will further carve the way for the growth of the market. Growth and expansion of micro-electro mechanical industry is other factor bolstering the rise of the market.
However, technical glitches as a result of over or under sensitivity of the sensors will act as a growth restraint for the market. High costs associated with the installation of the sensors and intense pricing pressure among the vendors will further dampen the growth rate of the market. Operational challenges such as lack of stability is yet again other market growth restraint.
This gas sensors market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on gas sensors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Gas Sensors Market Scope and Market Size
The gas sensors market is segmented on the basis of technology, gas type and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- The gas sensors market on the basis of technology has been segmented into electrochemical, photoionization detectors, solid state or metal oxide semiconductor, catalytic, infrared, laser, zirconia, holographic and others.
- Based on gas type, gas sensors market has been segmented into oxygen, carbon monoxide, carbon dioxide, ammonia, chlorine, hydrogen sulphide, nitrogen oxides, volatile organic compound, hydrocarbons, methane and hydrogen.
- On the basis of end user, gas sensors market has been segmented into water and wastewater treatment, medical, oil and gas, automotive and transportation, food and beverages, metals and chemicals, mining, consumer electronics, power stations and smart cities. Water and wastewater treatment segment is sub-segmented into water treatment and wastewater treatment. Medical segment is sub-segmented into monitoring concentration of oxygen in anaesthesia and oxygen content of medical air cylinders. Oil and Gas segment is sub-segmented into upstream and downstream. Automotive and transportation segment is sub-segmented into vehicle cabin air quality control, dynamometer test cells and monitoring of hazardous gases in cargo freight. Metals and chemicals segment is sub-segmented into coke ovens and blast furnace. Mining segment is sub-segmented into gases from blasting, methane from coal beds, drilling into stagnant water and monitoring blast furnace glasses. Consumer electronics segment is sub-segmented into smartphones and tablets, wearable devices and air purifiers. Smart cities segment is further sub-segmented into environmental monitoring, indoor and outdoor air quality monitoring and building automation and domestic application.
Gas Sensors Market Country Level Analysis
The gas sensors market is analysed and market size, volume information is provided by country, technology, gas type and end user as referenced above.
The countries covered in the gas sensors market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the gas sensors market and will continue to flourish its trend of dominance during the forecast period owing to the growing industrialization and supportive governmental policies. Rising proliferation of consumer electronics is another market growth determinant.
The country section of the gas sensors market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Gas Sensors Market Share Analysis
The gas sensors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to gas sensors market.
The major players covered in the gas sensors market report are 3M, ABB, Thermo Fisher Scientific Inc., Honeywell International Inc., Robert Bosch GmbH, Eaton., Siemens, GENERAL ELECTRIC COMPANY, Figaro Engineering Inc., Membrapor, Alphasense, Nemoto & Co., Ltd., MEMSIC Semiconductor (Tianjin) Co., Ltd. (c)., Drägerwerk AG & Co. KGaA, Yokogawa Electric Corporation, Emerson Electric Co., STMicroelectronics, Infineon Technologies AG, TE Connectivity. and Teledyne Technologies Incorporated among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Gas Sensors Market
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