The global gas concentration sensor market is set to reach US$ 1902.3 MN by 2032, at a 11.30% CAGR between years 2023-2032. Several factors shape the dynamics of the Gas Concentration Sensor Market, none of which operates as an isolated factor. The market responds to increased environmental concerns such as monitoring and industrial safety with measures such as smart technologies and remote controls in appliances.
The role of gas concentration sensors in the detection and measurement percentages or levels of gases in different places which comprises both industrial setups to rooms within houses is very important. The awareness about the need for maintaining air quality as well as working environment in worldwide is one of the main factors contributing to the movement.
Strict regulations being set up globally under pollution control guidelines by various governments and environmental oversight agencies across the world are introducing stringent norms, necessitating industries to adopt gas concentration sensors for the purpose of monitoring and controlling emissions ultimately contributing immensely to market development.
The high demand for gas-concentration sensors is inversely proportional to the trade profile that applies them mainly for gas leak detection, process tracking, and worker surveillance. These sensors play an important role in the operations of industries like oil and gas, chemicals manufacturing and mining where there is heavy reliance on these sensors to ensure a safe working environment that will cause no harm complying with occupational safety regulation.
The requirement for instant response and immediate monitoring of gas leakage boosts the demand for sophisticated technology that can sense the level of gas concentration speedily, thus enhancing innovation within the market. Finally, technologies such as IoT and smart cities play a big role in boosting the market trends of gas concentration sensors. Such sensors are mounted to create intelligible infrastructure that can give real-time sensing of air pollution and allow early warnings of the impending environmental risks.
The blossoming of the connected devices and architecturally engineered sensor networks result in the unprecedented opportunities for gas concentration sensor producers to target a wide range of applications, like urban planning or intelligent transportation systems. The market is the known for the technologies evolved to improve gas concentration sensors in terms of accuracy, sensitivity, and reliability.
There are new developments in the area of sensory technologies, such as the ones pertaining to optical gas sensing and electrochemical sensing that help encourage market growth. Moreover, miniaturization and cost barrier progressively determine the need for gas concentration sensors to reach a wider target market such as consumer electronics utilizations or indoor air quality surveillance, wearables among others.
Current goals across the global community toward environmental sustainability and green technologies also affect the gas concentration sensor market. Industries have embraced more environmentally sound ways of doing things and engineering appropriate systems for control to limit the industry’s carbon footprint.
Environmental control and measurement of emissions, one of the most important steps that ensure a smooth transition from fossil-based energy to renewable sources, is made possible through gas concentration sensors. As such it enables effective compliance with environmentally friendly objectives and legislation acting requirements.
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Segment Outlook | Product, Type, Technology, End-use, and Region |
Gas Concentration Sensor Market Size was valued at USD 524.2 Million in 2022. Gas Concentration Sensor Market industry is projected to reach USD 1902.3 Million by 2032, exhibiting a compound annual growth rate 11.30% (CAGR) of during the forecast period (2024 - 2032). Technology advancements and improvements, as well as strict government regulations, have helped to reduce the pollutants that cars produce are the key market drivers accelerating market expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Market CAGR for gas concentration sensor is being driven by the increasing need for gas detectors in important industries. Gas sensors are used to continuously regulate and watch the gas emissions from many industrial operations, including household and commercial ones. Additionally, the increasing need to reduce hazardous emissions from important businesses is encouraging for the market's expansion.
Additionally, as demand in key industries rises, so does the market for gas sensors. carbon dioxide, ammonia, sulfuric acid, and hydrocarbons are only a few of the gases that these vital industries produce and release into the environment. These gases can harm human health when they are released into the atmosphere in large quantities. The ecosystem is being protected from dangerous gases by a number of regulatory organizations adopting various regulations. If it comes from coal-fired power stations, it may also contain fly ash, traces of other metals, and mercury. In order to prevent the escape of more than a small amount of these gases into the environment, it is necessary to identify, monitor, and take corrective action for these gases.
In the field of information technology, the Internet of Things is crucial. By integrating different information-sensing devices with the internet, it alludes to a network of sensors. In addition, as a result of the IoT, there is a big market for sophisticated devices that are connected that support M2M and device interoperability to meet the needs of the interconnected environment. Although the shipments of these sensors have increased due to their broad use in consumer electronics, HVAC systems, cars, and air quality monitoring systems, price erosion has greatly slowed the rate of growth in sales.
For instance, wearable gas sensors for health and environmental monitoring are anticipated to become commercially available soon, according to Penn State and Northeastern University researchers. Because of their self-heating process, these sensors are anticipated to have a very high sensitivity. Researchers are developing sensors that can detect gases, biomolecules, and a variety of substances using extremely porous single lines of nanomaterial. Thus, result in driving the Gas Concentration Sensor market revenue.
The Gas Concentration Sensor Market segmentation, based on Product includes Oxygen (O2)/Lambda Sensors, Carbon Dioxide (CO2) Sensors, Carbon Monoxide (CO) Sensors, Nitrogen Oxide (NOx) Sensors, Methyl Mercaptan Sensor, and Others (Hydrogen, Ammonia, Hydrogen Sulfide). The Carbon Dioxide (CO2) Sensors segment dominated the market. Carbon dioxide sensors are generally used to monitor indoor air quality in homes, offices, cars, healthcare, and other applications. Many businesses are concentrating on creating MEMS-based carbon dioxide sensors for diverse purposes.
The Gas Concentration Sensor Market segmentation, based on Type, includes Wireless, and Wired. The Wired category generated the most income. Wired sensors are typically among the most dependable systems since they are directly connected to the device receiving the input and are suitable for use in mines, drilling rigs, and nuclear power stations.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Gas Concentration Sensor Market segmentation, based on Technology includes Electrochemical, Semiconductor, Solid State/MOS, Photo-ionization Detector (PID), Catalytic, Infrared (IR), and Others. The Electrochemical segment dominated the market. Due to their increased demand, electrochemical sensors are more energy-efficient, function generally more safely, and offer greater target gas specificity.
The Gas Concentration Sensor Market segmentation, based on End-use, includes Medical, Building Automation & Domestic Appliances, Environmental, Petrochemical, Automotive, Industrial, Agriculture, and Others. The Industrial category generated the most income. Hazardous vapors and gases are monitored and detected using industrial gas sensors, which can set off visual and auditory warnings. Many gas sensor producers are concentrating on creating small industrial gas sensors.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Gas Concentration Sensor market area will dominate this market. This is because of the implementation of strict emissions regulations, an increase in demand from a variety of end-user industries, including the chemical, automobiles and petrochemical ones, as well as the participation of important companies who are actively developing new gas detector sensors in this area.
Further, the major countries studied in the market report are The US, German, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe Gas Concentration Sensor market represents the second-largest market share as a result of strict regulations governing gas emissions and the ensuing requirement for emissions monitoring. Further, the German Gas Concentration Sensor market held a dominant market share, and the UK Gas Concentration Sensor market was the European region's fastest-growing market.
The Asia-Pacific Gas Concentration Sensor Market is anticipated to see the fastest CAGR between 2023 and 2032. This is due to the Asia Pacific region's nations' growing understanding of the effects of air pollution on human health. Moreover, China’s Gas Concentration Sensor market held a dominant market share, and the Indian Gas Concentration Sensor market was the Asia-Pacific region's fastest-growing market.
Leading market players are putting a lot of money on R&D to increase their product lines, that will promote growth of the Gas Concentration Sensor market. Additionally, market participants are engaging in a range of strategic initiatives to increase their worldwide reach, with important market developments such as the introduction of new products, contracts, mergers and acquisitions, increased investments, and cooperation with other businesses. To grow and endure in an increasingly competitive and challenging market environment, Gas Concentration Sensor industry must provide reasonably priced goods.
One of the main business strategies employed by manufacturers is to produce locally to reduce operational expenses in the global Gas Concentration Sensor industry to develop market sector and provide benefits to customers. In recent years, the Gas Concentration Sensor industry has provided some of the safety industry's most significant benefits. Major players in the Gas Concentration Sensor market, including ABB Ltd.; AlphaSense Inc.; City Technology Ltd., Dynament; Figaro Engineering Inc.; Membrapor; Nemoto & Co. Ltd.; Robert Bosch LLC; Siemens; and others, invest in operations for research and development in an effort to improve market demand.
Siemens is a multinational corporation with its headquarters in Germany. Since its founding in 1847, it has developed into a global leader in industrial technology, with applications in automation, energy, and the healthcare industry. Siemens is renowned for its cutting-edge automation, digitization, and electrification solutions, which have shaped industries all over the world. It has a long history and continually pushes sustainable technology forward, having a big impact on the effectiveness and sustainability of many different sectors. In September 2019, a brand-new electric airplane called the eAircraft was unveiled by Siemens. The statement, which didn't specify a specific date, demonstrated Siemens' dedication to environmentally friendly aviation technologies.
Robert Bosch LLC is a well-known international engineering and technology business. It was established in 1886 and has a long, illustrious history. In the fields of consumer products, energy, building technology, automotive technology, and industrial technology, Bosch is a world leader in developing cutting-edge solutions. Power tools, smart home solutions, automotive components, and industrial automation technology are all part of their wide range of offerings. Bosch, with an emphasis on cutting-edge innovation, is essential in influencing global technological breakthroughs. In 2021, for electric bicycles, Bosch unveiled its "PowerTube 625," an integrated battery pack. Although the product's launch date is not known with certainty, it showed Bosch's commitment to advancing green mobility solutions.
October 2019: FLIR introduced the FLIR One Pro LT, a smart phone camera attachment, to broaden the use of thermal imaging technology.
April 2022: The MEMBRAPOR ETO/CA-10 sensor is designed for precise ethylene oxide (ETO) detection with greatly reduced cross-sensitivity to carbon monoxide (CO). With the use of this invention, specific ETO measurements can now be performed in areas where very low CO concentrations, such as those affected by traffic, may exist. Ethylene oxide plays a significant role as a sterilizing agent in many applications, hence accurate monitoring is required.
February 2021: ABB and Amazon Web Services (AWS) have established a collaborative partnership to develop an online platform for managing EV fleets. This platform would make it possible for companies to operate their electric car fleets more sustainably and cheaply.
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