Gas Sensor Market Synopsis:
Gas Sensor Market Size Was Valued at USD 2.90 Billion in 2023, and is Projected to Reach USD 6.61 Billion by 2032, Growing at a CAGR of 9.60 % From 2024-2032.
The global gas sensor market defines the industry specializing in production, design, and implementation of devices used to identify the presence of gases in a given environment. These sensors are used in the tracking of air quality, identification of evil smelling gases, safety in various processes in industries and production, and may also be used in extra and unique features in gadgets for the customers.
High-profile government regulation policies associated with air quality and safety in working environments are important growth stimuli for the gas sensor market. Improvement in the concerns for environment control has made industries to turn to gas sensors in evaluating emissions and adherence to a set legislation. In addition, an increase in demand in gas sensors especially in the oil and gas, automotive, and chemicals sectors also continues to drive the upward market growth.
The need to apply smart technologies and use the opportunities of IoT devices is also relevant. Integrating the gas sensors with IoT environments provide real time monitoring and analysis making them useful in industries and homes. This means that the development of renewable energy and sustainable development also initiates the development of new technologies of gas sensors, thus increasing their uses.
Gas Sensor Market Trend Analysis:
Integration and miniaturization.
- A major potential of development in the gas sensor market is integration and miniaturization. Gerber is also a trend with manufacturers emphasizing on miniaturizing of sensors that can be incorporated in fitness and health monitoring devices, smart wristbands, smart phones and portable air quality measuring devices. This trend is backed up by development in the semiconductor technologies which makes the solutions affordable and efficient.
- Another trend is the growth in the use of wireless and battery-operated sensors at the present age. The need for this has been led by the fact that these sensors are easier to install and more flexible in smart homes and industries. Thanks to the increased use of Industry 4.0, the need for these sophisticated sensors should increase in the future.
Increased and strict regulate
- Of all the end-user industries, the automotive industry can be considered as the biggest potential market for the gas sensor. With car makers already fitting electric vehicles and self-driving cars, they have had to install gas sensors to check the quality of air inside cars to protect passengers. Thirdly, exhaust gas sensors are also being propelled by the increased and strict regulate in emissions in the world markets.
- There is also great potential to develop the health care sector for insurance. Each application type continues to remain integrated in medical devices as different types of gas sensors acting as diagnostic and monitoring tools. Features like respiratory condition identification and anesthetic gas measurement are speaking about new opportunities for market growth.
Gas Sensor Market Segment Analysis:
Gas Sensor Market is Segmented on the basis of Type, Technology, Application, and Region.
By Type, Electrochemical segment is expected to dominate the market during the forecast period
- The segmentation of the market is based on the type of gas sensor which include electrochemical, infrared, MOS, catalytic and other. On this basis, electrochemical sensors are popular due to the high accuracy and sensitivity of their measurements, making them suitable for industrial and environmental applications. Conventional infrared sensors on the other hand, are used in sensing of carbon dioxide and hydrocarbons especially in automobile and in heating ventilation and air conditioning systems. MOS sensors are preferred primarily because of their durability and low costs while the catalytic sensors are central to combustible gas detection systems.
By Application, Industrial segment expected to held the largest share
- In terms of application, the market is classified into industrial, healthcare, environmental, automobile, consumer electronics, and other applications. The biggest market share is hold by the industrial uses primarily to avoid incidents and improve production effectiveness in the regions such as oil and gas, manufacturing, and chemicals industries. In healthcare, gas sensors are utilized in both ventilators and anesthesia monitor systems in healthcare. Environmental uses of sensors are; air quality and pollution and industrial uses such as emission control uses sensors and quality air inside cabins use sensors. Among the popular segments one should mention consumer electronics, including devices for air purification, smart home systems, and others.
Gas Sensor Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America accounts for the largest market share of the global gas sensor industry based on environmental laws and working conditions. Another factor is the well-developed industrial specificity of the region, mainly due to the oil and gas industry and the automotive industry, it constantly requires gas sensors. Further, the increasing trend of smart homes and IoT-connected apparatuses in the United States adds to market development.
- Due to the participation of leading market players and constant innovative development of sensor technologies, North America will remain impregnable. Measures taken in improving on the R&D of the product and government efforts to regulate carbon emission makes the forecast for the growth of regional gas sensor market assured.
Active Key Players in the Gas Sensor Market:
- Aeroqual Ltd. (New Zealand)
- Alphasense Ltd. (UK)
- Amphenol Advanced Sensors (USA)
- Bosch Sensortec GmbH (Germany)
- City Technology Ltd. (UK)
- Figaro Engineering Inc. (Japan)
- Honeywell International Inc. (USA)
- MSA Safety Incorporated (USA)
- Sensirion AG (Switzerland)
- Siemens AG (Germany)
- Other Active Players
|
Gas Sensor Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.90 Billion |
|
Forecast Period 2024-32 CAGR: |
9.60 % |
Market Size in 2032: |
USD 6.61 Billion |
|
Segments Covered: |
By Type |
|
|
|
By Technology |
|
||
|
By Application |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
Chapter 1: Introduction
 1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis
Chapter 4: Gas Sensor Market by Type
 4.1 Gas Sensor Market Snapshot and Growth Engine
 4.2 Gas Sensor Market Overview
 4.3 Electrochemical
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Electrochemical: Geographic Segmentation Analysis
 4.4 Infrared
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Infrared: Geographic Segmentation Analysis
 4.5 Metal Oxide Semiconductor (MOS)
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Metal Oxide Semiconductor (MOS): Geographic Segmentation Analysis
 4.6 Catalytic
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Catalytic: Geographic Segmentation Analysis
 4.7 Others
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Others: Geographic Segmentation Analysis
Chapter 5: Gas Sensor Market by Technology
 5.1 Gas Sensor Market Snapshot and Growth Engine
 5.2 Gas Sensor Market Overview
 5.3 Wired
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Wired: Geographic Segmentation Analysis
 5.4 Wireless
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Wireless: Geographic Segmentation Analysis
Chapter 6: Gas Sensor Market by Application
 6.1 Gas Sensor Market Snapshot and Growth Engine
 6.2 Gas Sensor Market Overview
 6.3 Industrial
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Industrial: Geographic Segmentation Analysis
 6.4 Healthcare
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Healthcare: Geographic Segmentation Analysis
 6.5 Environmental
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Environmental: Geographic Segmentation Analysis
 6.6 Automotive
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Automotive: Geographic Segmentation Analysis
 6.7 Consumer Electronics
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Consumer Electronics: Geographic Segmentation Analysis
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Gas Sensor Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions  
 7.2 HONEYWELL INTERNATIONAL INC. (USA)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 SIEMENS AG (GERMANY)
 7.4 BOSCH SENSORTEC GMBH (GERMANY)
 7.5 SENSIRION AG (SWITZERLAND)
 7.6 AMPHENOL ADVANCED SENSORS (USA)
 7.7 FIGARO ENGINEERING INC. (JAPAN)
 7.8 AEROQUAL LTD. (NEW ZEALAND)
 7.9 ALPHASENSE LTD. (UK)
 7.10 MSA SAFETY INCORPORATED (USA)
 7.11 CITY TECHNOLOGY LTD. (UK)
 7.12 OTHER ACTIVE PLAYERS
Chapter 8: Global Gas Sensor Market By Region
 8.1 Overview
 8.2. North America Gas Sensor Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Electrochemical
  8.2.4.2 Infrared
  8.2.4.3 Metal Oxide Semiconductor (MOS)
  8.2.4.4 Catalytic
  8.2.4.5 Others
  8.2.5 Historic and Forecasted Market Size By Technology
  8.2.5.1 Wired
  8.2.5.2 Wireless
  8.2.6 Historic and Forecasted Market Size By Application
  8.2.6.1 Industrial
  8.2.6.2 Healthcare
  8.2.6.3 Environmental
  8.2.6.4 Automotive
  8.2.6.5 Consumer Electronics
  8.2.6.6 Others
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Gas Sensor Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Electrochemical
  8.3.4.2 Infrared
  8.3.4.3 Metal Oxide Semiconductor (MOS)
  8.3.4.4 Catalytic
  8.3.4.5 Others
  8.3.5 Historic and Forecasted Market Size By Technology
  8.3.5.1 Wired
  8.3.5.2 Wireless
  8.3.6 Historic and Forecasted Market Size By Application
  8.3.6.1 Industrial
  8.3.6.2 Healthcare
  8.3.6.3 Environmental
  8.3.6.4 Automotive
  8.3.6.5 Consumer Electronics
  8.3.6.6 Others
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Russia
  8.3.7.2 Bulgaria
  8.3.7.3 The Czech Republic
  8.3.7.4 Hungary
  8.3.7.5 Poland
  8.3.7.6 Romania
  8.3.7.7 Rest of Eastern Europe
 8.4. Western Europe Gas Sensor Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Electrochemical
  8.4.4.2 Infrared
  8.4.4.3 Metal Oxide Semiconductor (MOS)
  8.4.4.4 Catalytic
  8.4.4.5 Others
  8.4.5 Historic and Forecasted Market Size By Technology
  8.4.5.1 Wired
  8.4.5.2 Wireless
  8.4.6 Historic and Forecasted Market Size By Application
  8.4.6.1 Industrial
  8.4.6.2 Healthcare
  8.4.6.3 Environmental
  8.4.6.4 Automotive
  8.4.6.5 Consumer Electronics
  8.4.6.6 Others
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 The Netherlands
  8.4.7.5 Italy
  8.4.7.6 Spain
  8.4.7.7 Rest of Western Europe
 8.5. Asia Pacific Gas Sensor Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Electrochemical
  8.5.4.2 Infrared
  8.5.4.3 Metal Oxide Semiconductor (MOS)
  8.5.4.4 Catalytic
  8.5.4.5 Others
  8.5.5 Historic and Forecasted Market Size By Technology
  8.5.5.1 Wired
  8.5.5.2 Wireless
  8.5.6 Historic and Forecasted Market Size By Application
  8.5.6.1 Industrial
  8.5.6.2 Healthcare
  8.5.6.3 Environmental
  8.5.6.4 Automotive
  8.5.6.5 Consumer Electronics
  8.5.6.6 Others
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Gas Sensor Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Electrochemical
  8.6.4.2 Infrared
  8.6.4.3 Metal Oxide Semiconductor (MOS)
  8.6.4.4 Catalytic
  8.6.4.5 Others
  8.6.5 Historic and Forecasted Market Size By Technology
  8.6.5.1 Wired
  8.6.5.2 Wireless
  8.6.6 Historic and Forecasted Market Size By Application
  8.6.6.1 Industrial
  8.6.6.2 Healthcare
  8.6.6.3 Environmental
  8.6.6.4 Automotive
  8.6.6.5 Consumer Electronics
  8.6.6.6 Others
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkiye
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Gas Sensor Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Electrochemical
  8.7.4.2 Infrared
  8.7.4.3 Metal Oxide Semiconductor (MOS)
  8.7.4.4 Catalytic
  8.7.4.5 Others
  8.7.5 Historic and Forecasted Market Size By Technology
  8.7.5.1 Wired
  8.7.5.2 Wireless
  8.7.6 Historic and Forecasted Market Size By Application
  8.7.6.1 Industrial
  8.7.6.2 Healthcare
  8.7.6.3 Environmental
  8.7.6.4 Automotive
  8.7.6.5 Consumer Electronics
  8.7.6.6 Others
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
|
Gas Sensor Market |
|||
|
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.90 Billion |
|
Forecast Period 2024-32 CAGR: |
9.60 % |
Market Size in 2032: |
USD 6.61 Billion |
|
Segments Covered: |
By Type |
|
|
|
By Technology |
|
||
|
By Application |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
