PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150056
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150056
The global gas sensor market size is expected to reach USD 2.76 billion by 2030, according to a new study by Polaris Market Research. The report "Gas Sensor Market Share, Size, Trends, Industry Analysis Report, By Product; By Gas; By Technology; By Connectivity (Wired, Wireless); By Output (Analog, Digital); By Application; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The growing demand for gas sensors in transportation, metals, chemicals, food & beverages, and power plants for detecting toxic and harmful gases is expected to drive industry growth. Furthermore, miniaturization and wireless gas sensor devices with minimum human intervention are considerable factors boosting the market growth.
In addition, rapid industrialization across emerging nations has resulted in the emission of many hazardous and inflammable gases, and the demand to control such gases is expected to spur the market.
Furthermore, rising consumer awareness regarding harmful gases and their impact on the human body and government safety regulation has resulted in adoption of air quality monitors, which significantly influence market growth.
The COVID-19 pandemic had a significant impact on the market. The movement of raw materials has disrupted the supply chain, which resulted in declination in the production of components hampering the market.
However, the demand for oxygen gas sensors was at its peak during the pandemic, and digital gas took over the market and was used in various devices such as respirators, ventilators, and incubators and had enhanced health outcomes that support the market growth.
Gas Sensor Market Report Highlights
The growing demand for the wireless segment is due to its scalability, portability, and cost-effectiveness, which is expected to drive product demand.
The gas detectors accounted for the highest revenue share in 2021 and is expected to continue their dominance as it reduces labor costs and has a negligible manual evaluation of gas level.
Oxygen gas sensor is expected to spearhead revenue growth as it is used in several industries like food and beverages, chemical, mining, and medical.
The Asia Pacific is expected to grow over the forecast period on account of the growing number of factories and building projects across developing nations in the region, such as India and China.
Major players operating in the industry include Alphasense Ltd, Amphenol, AMS AG, Bosch Sensortec, Gmbh, City Technology Ltd, Dynament Ltd, Figaro Engineering, FLIR Systems, Inc., GFG Gas Detection UK Ltd, Honeywell Analytics, Membrapor AG, MSA, New Cosmos Electric Co.Ltd, Nemoto & Co. Ltd, Robert Bosh Llc, Siemens, Senseair AB, Sensirion AG.
Polaris Market Research has segmented the gas sensor market report based on product, gas, technology, connectivity, output, application, and region:
Gas Sensor, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Gas Analyzers & Monitors
Gas Detectors
Air Quality Monitors
Air Purifiers
HVAC Systems
Medical Equipment
Consumer Devices
Gas Sensor, Gas Outlook (Revenue - USD Billion, 2018 - 2030)
Oxygen
Carbon Monoxide
Carbon Dioxide
Ammonia
Chlorine
Hydrogen Sulfide
Nitrogen Oxide
Volatile Organic Compounds
Sulfur Dioxide
Methane
Hydrocarbons
Hydrogen
Gas Sensor, Technology Outlook (Revenue - USD Billion, 2018 - 2030)
Electrochemical
Photoionization Detection
Solid-State/ Metal-Oxide-Semiconductors
Catalytic
Infrared
Laser
Zirconia
Holographic
Others
Gas Sensor, Connectivity Outlook (Revenue - USD Billion, 2018 - 2030)
Wired
Wireless
Gas Sensor, Output Outlook (Revenue - USD Billion, 2018 - 2030)
Analog
Digital
Gas Sensor, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Automotive & Transportation
Smart Cities & Building Automation
Oil & Gas Industry
Water & Wastewater Treatment
Food & Beverage Industry
Power Stations
Medical Industry
Metal & Chemical Industry
Mining Industry
Consumer Electronics Industry
Gas sensor, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Truncated List of Tables
Truncated List of Figures
Figure 1. Global Gas Sensor Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Gas
Figure 7. Global Gas Sensor Market, by Gas, 2021 & 2030 (USD Billion)
Figure 8. Market by Connectivity
Figure 9. Global Gas Sensor Market, by Connectivity, 2021 & 2030 (USD Billion)
Figure 10. Market by Output
Figure 11. Global Gas Sensor Market, by Output, 2021 & 2030 (USD Billion)
Figure 12. Market by Product
Figure 13. Global Gas Sensor Market, by Product, 2021 & 2030 (USD Billion)
Figure 14. Market by Technology
Figure 15. Global Gas Sensor Market, by Technology, 2021 & 2030 (USD Billion)
Figure 16. Market by Application
Figure 17. Global Gas Sensor Market, by Application, 2021 & 2030 (USD Billion)
Figure 18. Gas Sensor Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 19. Strategic Analysis - Gas Sensor Market