According to report, the gas sensor market is estimated to surpass USD 2 billion by 2026With a massive rise in the number of industrial activities, the need for restraining the environmental pollution also comes into picture. As a result of this, the gas sensor market has witnessed a notable demand owing to the product’s vital applications in curbing the air pollution. The gas sensor is commonly used to detect the harmful toxic gases and measuring the gas concentration. It is used in the factories and manufacturing units to detect gaseous leaks which can cause a serious hazard.
Apart from this, it is installed in houses, hotels, and offices to detect smoke and check CO emissions. Further, the gas sensor plays a crucial role in medical industry, consumer electronics, military operations, food and beverage industry, etc. With such wide range of applications, the gas sensor industry is likely to gather an appreciable market share.
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Carbon monoxide (CO) sensor is witnessing major demand in medical and healthcare applications. These sensors find use in P-O-C diagnostic devices for monitoring patient health conditions. Carbon monoxide gas is colorless, odorless, highly toxic and undetectable in the environment. Growing focus on safety and security has fueled the deployment of CO sensors in smart homes, industrial automation and hospitals.
These sensors also show potential in air monitoring systems which can aid in curbing exhaust emission levels and thereby reducing air pollution. Carbon monoxide sensor industry share will showcase growth rate of 7% over 2020-2026.
The photoionization detector technology is extensively incorporated in sensors used in confined spaces, industrial processes and military applications These sensors are also utilized in hand-held portable instruments for instantaneous readings. The products are experiencing major demand for ammonia detection in material handling for controlling environmental contaminations. Photoionization detector segment is set to grow rate at 8% CAGR through 2026.
List of the Key Companies that are Operating in the Gas Sensor Market. They are as follows:
ABB, Aeroqual, Alphasense, Amphenol Corporation, ams AG, BlueSens gas sensor GmbH, Bosch Sensortec GmbH, City Technology Ltd., Denso Corporation, Dragerwerk AG & Co. KGaA, Dynament Ltd., eLichens, Figaro Engineering Inc., GfG Gas Detection UK Ltd., Henan Inte Electrical Equipment Co. Ltd., Sauermann Group, Membrapor AG, METTLER TOLEDO, Microsens SA Nemoto & Co., Ltd., NGK INSULATORS, LTD, Optosense AS, SENSEAIR , Sensors, Inc., Siemens , SICK AG, Spec Sensors, Trolex Ltd, Yokogawa Electric Corporation
Consumer electronics segment is estimated to grow consistently through 2026 due to technological advancements with the evolution of smart devices and IoT. This has further led to the popularity of wireless gas sensors that possess simpler design and analyze data in real time. These gas sensors are widely integrated into portable electronics.
In 2019, Europe gas sensor market accounted for more than USD 400 million in terms of revenue and is set to grow at 4% through 2026 due to growing digitalization in the Germany manufacturing industry. Increasing governments efforts for energy-efficiency and emission control standards has fueled the adoption of these sensors in the European automotive industry.
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Table Of Content:
Chapter 5. Gas Sensor Market, By Product (Revenue, Shipments)
5.1. Key trends, by product
5.2. Oxygen (O2)/ lambda sensors
5.2.1. Market estimates and forecast, 2016 - 2026
5.3. Carbon dioxide (CO2) sensors
5.3.1. Market estimates and forecast, 2016 - 2026
5.4. Carbon monoxide (CO) sensors
5.4.1. Market estimates and forecast, 2016 – 2026
5.5. NOx sensors
5.5.1. Market estimates and forecast, 2016 – 2026
5.6.1. Market estimates and forecast, 2016 – 2026
Chapter 7. Gas Sensor Market, By Connectivity (Revenue, Shipments)
7.1. Key trends, by connectivity
7.2.1. Market estimates and forecast, 2016 – 2026
7.3.1. Market estimates and forecast, 2016 – 2026
Chapter 8. Gas Sensor Market, By Application (Revenue, Shipments)
8.1. Key trends, by application
8.2. Consumer electronics
8.2.1. Market estimates and forecast, 2016 - 2026
8.3.1. Market estimates and forecast, 2016 – 2026
8.4.1. Market estimates and forecast, 2016 - 2026
8.5.1. Market estimates and forecast, 2016 - 2026
8.6.1. Market estimates and forecast, 2016 - 2026
8.7.1. Market estimates and forecast, 2016 – 2026
8.8.1. Market estimates and forecast, 2016 - 2026
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