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By 2030, the market for gas sensors is anticipated to reach USD 2.1 billion, expanding at a CAGR of 9.9%. The development and implementation of numerous health and safety regulations around the globe, an increase in the use of gas sensors in HVAC systems and air quality monitors, an increase in the demand for gas sensors in key industries, rising levels of air pollution, and the requirement to monitor air quality in smart cities are the factors propelling the growth of the gas sensors sector.
The market is primarily driven by the advancements in miniaturisation, wireless capabilities, and communication technologies, which allow for their integration into a variety of equipment and devices to detect harmful gases at a safe distance. Gas sensors are used to continuously regulate and watch the gas emissions from many industrial operations, including household and commercial ones. Additionally, the rising need to reduce hazardous emissions from key industries is encouraging for the market's expansion.
The increasing use of gas sensors in HVAC systems, consumer electronics, and the rising demand for wireless gas sensors are expected to drive the global market. Due to increased pollution, including poisonous and flammable materials, there is a high need for gas sensors in heating, ventilation and air conditioning (HVAC) systems. With increased efficiency and less wear and tear on HVAC systems, these systems are typically utilised for monitoring CO2 levels in confined rooms and improving indoor air quality. The fierce competition among the growing number of sensor manufacturers contributes to some of this. Several businesses are focusing their research and development efforts on creating IoT-compatible sensors and cost-effective gas sensor systems using MEMS technology. This puts pressure on prices, particularly in situations where gas sensors are used frequently. As a result, producers are forced to lower the possible cost of gas sensors.
Report Coverage
Global Gas Sensor research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gas Sensor report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gas Sensor competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gas Sensor market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gas Sensor market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gas Sensor market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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, and Sensirion AG.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Gas Sensor market based on the below-mentioned segments:
Global Gas Sensor Market, By Product
Global Gas Sensor market, By Application
Global Gas Sensor market, Regional Analysis
The market is primarily driven by the advancements in miniaturisation, wireless capabilities, and communication technologies, which allow for their integration into a variety of equipment and devices to detect harmful gases at a safe distance. Gas sensors are used to continuously regulate and watch the gas emissions from many industrial operations, including household and commercial ones. Additionally, the rising need to reduce hazardous emissions from key industries is encouraging for the market's expansion.
The increasing use of gas sensors in HVAC systems, consumer electronics, and the rising demand for wireless gas sensors are expected to drive the global market. Due to increased pollution, including poisonous and flammable materials, there is a high need for gas sensors in heating, ventilation and air conditioning (HVAC) systems. With increased efficiency and less wear and tear on HVAC systems, these systems are typically utilised for monitoring CO2 levels in confined rooms and improving indoor air quality. The fierce competition among the growing number of sensor manufacturers contributes to some of this. Several businesses are focusing their research and development efforts on creating IoT-compatible sensors and cost-effective gas sensor systems using MEMS technology. This puts pressure on prices, particularly in situations where gas sensors are used frequently. As a result, producers are forced to lower the possible cost of gas sensors.
Report Coverage
Global Gas Sensor research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Gas Sensor report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Gas Sensor competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Gas Sensor market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | 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, and Sensirion AG. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Gas Sensor Market from 2021 to 2030.
- Market Forecast for Gas Sensor Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Gas Sensor competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Gas Sensor
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Gas Sensor market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Gas Sensor market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
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, and Sensirion AG.
Primary Target Market
- Market Players of Gas Sensor
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Gas Sensor market based on the below-mentioned segments:
Global Gas Sensor Market, By Product
- Gas Analyzers & Monitors
- Gas Detectors
- Air Quality Monitors
- Air Purifiers
- HVAC Systems
- Medical Equipment
- Consumer Devices
Global Gas Sensor market, By Application
- Automotive & Transportation
- Smart Cities & Building Automation
- Oil & Gas Industry
- Water & Wastewater Treatment
- Food & Beverage Industry
- Power Stations
- Others
Global Gas Sensor market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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