Market Research Future (MRFR) has published a Cooked Research Report on the "Global Gas Sensor Market".
MRFR recognizes the following companies as the key players in the global Gas Sensor marketโ City Technology Ltd, Dynament, AlphaSense, Amphenol Corporation, Bosch Sensortec GMBH, AMS, SenseAir, NEW COSMOS ELECTRIC CO. LTD, Industrial Scientific and Sensirion
Market Highlights
The global Gas Sensor market is accounted to register a CAGR of 8.14% during the forecast period and is estimated to reach USD 2.76 Billion by 2030.
The Gas Sensor market encompasses the industry focused on the development, production, and application of sensors designed to detect and measure various gases in different environments. Gas sensors are used in a wide range of industries, including automotive, environmental monitoring, industrial safety, and healthcare, to ensure the detection and control of harmful gases. The market is driven by factors such as increasing concerns about air quality, industrial safety regulations, and the need for gas monitoring in various applications.
Segment Analysis
The global Gas Sensor market has been segmented Technology, Gas Type and Application
Based on Technology, the market is segmented into Software, Hardware, and Service Electrochemical, Photoionization Detectors, Solid State/Metal Oxide semiconductors, Catalytic, Infrared, and Laser. The Electrochemical segment holds the majority share in 2021 of the market. The demand for electrochemical sensors is rising as these sensors consume lesser power, have intrinsically safer operations, and offer better specificity to the target gas
Based on Gas Type, the global Gas Sensor market has been segmented into includes Oxygen, Carbon Monoxide, Carbon Dioxide, Hydrogen Sulfide, Nitrogen Oxide, Methane, Hydrogen, and Others. The Carbon Monoxide segment is accounted for the largest share of the market.
Based on Application, the global Gas Sensor market has been segmented into Water & Wastewater Treatment, Medical, Aerospace & Defense, Automotive & Transportation, Industrial Safety, Oil & Gas, Consumer Electronics, Environmental Monitoring, and Others. The Oil & Gas segment is accounted for the largest share of the market.
Regional Analysis
The global Gas Sensor market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Gas Sensor market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Gas Sensor market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Gas Sensor market comprises of Middle East, Africa, and Latin America.
The Asia-Pacific Gas Sensor Market dominated this market in 2021 (32.0%). The need for gas sensors for air quality monitoring is rising as people in the Asia Pacific region, including China and India, become more conscious of how air pollutants affect human health
Additionally, Europe is anticipated to have consistent growth. The strict regulations governing gas emissions and the ensuing requirement for emissions monitoring are anticipated to fuel the expansion of the regional market. All automakers in Europe must provide gas sensor technology as part of their offerings due to safety regulations
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Gas Sensor Market Research Report
Key Findings of the Study
- The global Gas Sensor market is expected to reach USD 2.76 Billion by 2030, at a CAGR of 8.14% during the forecast period.
- The North American region accounted for the fastest-growing global market due to automation and smart manufacturing technologies are increasingly being adopted throughout the region's diverse industries.
- Based on Application, The Oil & Gas segment is accounted for the largest share of the market.
- City Technology Ltd, Dynament, AlphaSense, Amphenol Corporation, Bosch Sensortec GMBH, AMS, SenseAir, NEW COSMOS ELECTRIC CO. LTD, Industrial Scientific and Sensirion
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Companies Covered | 15 |
Pages | 142 |
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