PUBLISHER: The Business Research Company | PRODUCT CODE: 1664334
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664334
Gas sensors play a crucial role in detecting the concentration and presence of a diverse array of hazardous gases and vapors, including volatile organic compounds (VOCs), humidity, and odors. They are essential for effectively monitoring and detecting dangerous inert gases across various industries.
The primary types of gases detected by gas sensors include carbon monoxide, methane, hydrogen, ammonia, oxygen, and others. Carbon monoxide, a toxic gas produced through incomplete combustion of carbon or carbon compounds, is colorless and odorless. Various technologies are employed in gas sensors, such as infrared gas sensors, photoionization sensors, electrochemical gas sensors, thermal conductivity gas sensors, metal oxide-based gas sensors, catalytic gas sensors, and others. These technologies find applications in diverse industries, including defense and military, healthcare, consumer electronics, automotive and transportation, and industrial sectors.
The gas sensors market research report is one of a series of new reports from The Business Research Company that provides gas sensors market statistics, including global market size, regional shares, competitors with a gas sensors market share, detailed gas sensors market segments, market trends and opportunities, and any further data you may need to thrive in the gas sensors industry. This gas sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The gas sensors market size has grown strongly in recent years. It will grow from $2.34 billion in 2024 to $2.57 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to environmental concerns and regulations, growing industrialization, consumer electronics integration, healthcare applications, automotive emission control, rise in oil & gas exploration.
The gas sensors market size is expected to see strong growth in the next few years. It will grow to $3.72 billion in 2029 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to stringent environmental regulations, rising industrial automation, continued expansion in oil & gas industry, healthcare sector growth, automotive industry demand. Major trends in the forecast period include rapid urbanization, IoT integration, smart manufacturing, healthcare applications, automotive safety regulations, miniaturization and portability.
The anticipated rise in air pollution is set to drive the growth of the gas sensor market in the future. Air pollution, characterized by the presence of harmful substances in the air that can adversely affect human health and the environment, encompasses particulate matter, ozone, nitrogen oxides, sulfur dioxide, and various chemicals and particles released into the atmosphere. Gas sensors, designed to detect the presence and concentration of specific gases in the air, play a crucial role in identifying gas leaks and preventing hazardous situations. According to a report by the World Economic Forum in November 2022, the global atmospheric CO2 concentration increased by 2.5 parts per million (ppm) in 2021, with an anticipated additional rise of 2.5 ppm in 2022. This is projected to bring the average annual worldwide atmospheric concentration to 417.2 ppm, representing a roughly 51% increase above pre-industrial levels. Consequently, the escalating levels of air pollution are steering the growth of the gas sensor market.
The swift pace of industrialization is expected to drive the growth of the gas sensors market in the coming years. Industrialization involves transitioning a country or region's economy from agriculture-centric to manufacturing-centric, incorporating mass production techniques. The acceleration of industrialization leads to increased production, processing, and manufacturing activities across various sectors such as petrochemicals, food processing, chemicals, and manufacturing. These industries frequently utilize gases for various operations, necessitating the installation of gas sensors for real-time monitoring and the prompt identification of potential gas leaks. As reported by Trading Economics in 2022, following a downwardly corrected 0.1% rise in March, industrial production in the United States increased by 0.2% annually in April 2023. Hence, the rapid pace of industrialization is expected to fuel the growth of the gas sensors market during the forecast period.
Product innovation is a significant trend gaining traction in the gas sensor market. Major players in this sector are concentrating on developing cutting-edge products to enhance their competitive edge. For example, in August 2024, CO2Meter.com, a US-based manufacturer of gas detection safety and analytical solutions, introduced the Gaslab industrial fixed gas detector series. This series is designed to monitor a wide variety of gas types and concentrations across different industries, thereby improving workplace safety and compliance. It boasts up to 128 sensor capabilities, real-time wireless communication, a modular design for easy integration, and adheres to stringent safety standards such as ATEX. Its importance lies in its ability to provide early detection of toxic and hazardous gases, ensuring safety in workplaces across industries like petrochemical, oil and gas, manufacturing, and others.
Major players in the gas sensor market are actively integrating new technologies, including Micro-Electro-Mechanical Systems (MEMS) technology, to enhance their market standing. MEMS technology involves small devices with electronic and mechanical components moving through microscopic sensors, actuators, and transducers. In March 2022, Figaro Engineering Inc., a Japan-based semiconductor gas detection sensor manufacturing company, introduced the methane gas sensor TGS8410. This metal oxide semiconductor (MOS) type gas sensor incorporates the latest MEMS technology to produce the lowest power consumption methane gas sensor available. The methane gas detector can run on a single lithium battery (2.8 volts/2400 milliampere-hour) for up to five years, with an average power consumption of less than 0.1 mW (milliwatt).
In December 2023, Amphenol Corporation, a US-based manufacturer of electronic connectors, acquired PCTEL for an undisclosed amount. This acquisition is intended to strengthen Amphenol's portfolio in wireless technology solutions, including IoT devices, antenna systems, and test and measurement products, by incorporating PCTEL's expertise into its global operations. PCTEL is a US-based company specializing in test and measurement products and antenna systems, which also offers gas sensors as part of its Industrial IoT product lineup.
Major companies operating in the gas sensors market include Honeywell International Inc, Amphenol Corporation, Figaro Engineering Inc, Dynament, Membrapor AG, Nemoto & Co. Ltd., Robert Bosch GmbH, Sensirion AG, Asea Brown Boveri Ltd, Teledyne FLIR LLC, Siemens AG, City Technology Ltd., GfG Gas Detection UK Ltd., Senseair, Gastec Corporation, austriamicrosystems AG, AlphaSense Inc., NevadaNano, MicroSensor Corporation, Dryad, Pendar Technologies, Alphasense Ltd., Aeroqual Ltd., Kapitalgesellschaft, Winsen Electronics Technology Co. Ltd., MSA Safety Incorporated, Cubic Sensor and Instrument Co. Ltd, Yokogawa Electric Corporation
Asia-Pacific was the largest region in the gas sensor market in 2024. The regions covered in the gas sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the gas sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The gas sensor market consists of sales of wired and wireless sensors, gas sensing layer, heater coil, electrode line, tubular ceramic. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Gas Sensors Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on gas sensors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for gas sensors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The gas sensors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.