COVID-19 Impact on Gas Sensors Market

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 11)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 GAS SENSORS
           1.2.2 COVID-19
    1.3 CONFIRMED CASES AND DEATHS, BY GEOGRAPHY
    1.4 MARKET SCOPE
           1.4.1 MARKET SEGMENTATION
           1.4.2 REGIONS COVERED
           1.4.3 YEARS CONSIDERED FOR THE STUDY
    1.5 CURRENCY
    1.6 STAKEHOLDERS
    1.7 LIMITATIONS

2 COVID-19 IMPACT ON GAS SENSORS ECOSYSTEM (Page No. - 15)
    2.1 INTRODUCTION
    2.2 VALUE CHAIN OF GAS SENSORS INDUSTRY
           2.2.1 RAW MATERIAL SUPPLIERS
           2.2.2 SENSOR MANUFACTURERS
           2.2.3 DISTRIBUTORS/MARKETING AND SALES
           2.2.4 END USERS
    2.3 MARKET OVERVIEW
           2.3.1 DRIVERS
                    2.3.1.1 Growing demand from the healthcare industry
           2.3.2 CHALLENGES
                    2.3.2.1 Technical issues and cost & time factor
                    2.3.2.2 Decline in demand from oil & gas industry

3 CUSTOMER ANALYSIS (Page No. - 20)
    3.1 SHIFT IN OIL & GAS AND CHEMICALS INDUSTRY
           3.1.1 DISRUPTION IN THE INDUSTRY
           3.1.2 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO IMPROVE PRODUCTION
           3.1.3 IMPACT ON CUSTOMERS’ REVENUES
           3.1.4 CUSTOMER’S MOST CRUCIAL REGIONS
           3.1.5 SHORT-TERM STRATEGIES TO MANAGE COST STRUCTURE AND SUPPLY CHAINS
    3.2 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
           3.2.1 MEASURES TAKEN BY CUSTOMERS
           3.2.2 CUSTOMERS PERSPECTIVE ON GROWTH OUTLOOK
    3.3 SHIFT IN BUILDING & CONSTRUCTION INDUSTRY
           3.3.1 DISRUPTION IN THE INDUSTRY
           3.3.2 IMPACT ON CUSTOMERS’ OUTPUT & STRATEGIES TO IMPROVE PRODUCTION
           3.3.3 IMPACT ON CUSTOMERS’ REVENUES
           3.3.4 CUSTOMER’S MOST CRUCIAL REGIONS
           3.3.5 SHORT-TERM STRATEGIES TO MANAGE COST STRUCTURE AND SUPPLY CHAINS
    3.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
           3.4.1 MEASURES TAKEN BY CUSTOMERS
           3.4.2 CUSTOMERS PERSPECTIVE ON THE GROWTH OUTLOOK

4 IMPACT OF COVID-19 ON GAS SENSOR SEGMENTS (Page No. - 32)
    4.1 IMPACT ON END-USE INDUSTRIES
           4.1.1 MEDICAL & HEALTHCARE
           4.1.2 OIL & GAS AND CHEMICALS
           4.1.3 FOOD & BEVERAGE
           4.1.4 AUTOMOTIVE &TRANSPORTATION
           4.1.5 BUILDING & CONSTRUCTION
           4.1.6 WATER TREATMENT
           4.1.7 OTHERS
    4.2 IMPACT ON TECHNOLOGIES
           4.2.1 TECHNOLOGIES USED IN VARIOUS END-USE INDUSTRIES
                    4.2.1.1 MOS
                    4.2.1.2 Infrared (IR)
                    4.2.1.3 Catalytic
                    4.2.1.4 Electrochemical
                    4.2.1.5 Photoionization detection (PID)
                    4.2.1.6 Zirconia
                    4.2.1.7 Holographic
                    4.2.1.8 Laser
                    4.2.1.9 Others
    4.3 BIGGEST GAINERS, BY TOP COMPANIES

5 IMPACT OF COVID-19 IN GAS SENSORS MARKET, BY REGION (Page No. - 38)
    5.1 INTRODUCTION
    5.2 APAC
           5.2.1 CHINA
    5.3 EUROPE
           5.3.1 ITALY
           5.3.2 GERMANY
           5.3.3 UK
           5.3.4 SPAIN
    5.4 NORTH AMERICA
           5.4.1 US
    5.5 REST OF WORLD

6 STRATEGIES OF GAS SENSORS COMPANIES DURING COVID-19 PANDEMIC (Page No. - 47)
    6.1 HONEYWELL ANALYTICS
(Impact on Company Portfolio, Product/Material, Application, and Covid-19 Related Developments/ Strategy)*
    6.2 MSA
    6.3 AMPHENOL
    6.4 FIGARO
    6.5 ALPHASENSE
    6.6 AMS AG
    6.7 MEMBRAPOR AG
    6.8 DYNAMENT
    6.9 SENSIRION AG
    6.10 ASAHI KASEI (AKM)
    6.11 OTHER RELATED PLAYERS

*Details on Impact on Company Portfolio, Product/Material, Application, and Covid-19 Related Developments/Strategy might not be captured in case of unlisted companies.

7 APPENDIX (Page No. - 58)
    7.1 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
    7.2 AVAILABLE CUSTOMIZATIONS
    7.3 RELATED REPORTS
    7.4 AUTHOR DETAILS

LIST OF TABLES (15 TABLES)

TABLE 1 RECENT CHANGES IN CAPEX OF SELECTED COMPANIES
TABLE 2 OUTPUT FOR MAJOR OPEC COUNTRIES UNDER 3 PHASES OF THE APRIL 2020 DEAL, (THOUSANDS BARREL PER DAY)
TABLE 3 OUTPUT FOR MAJOR NON-OPEC COUNTRIES UNDER 3 PHASES OF THE APRIL 2020 DEAL, (THOUSANDS BARREL PER DAY)
TABLE 4 STRATEGIES UNDERTAKEN BY SOME MAJOR OIL & GAS COMPANIES
TABLE 5 CAPEX REDUCTION/REVISION BY SELECTED COMPANIES, 2020
TABLE 6 GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 7 GAS SENSORS MARKET SIZE, BY TECHNOLOGY, 2018–2021 (USD MILLION)
TABLE 8 GAS SENSORS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 9 CHINA: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 10 ITALY: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 11 GERMANY: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 12 UK: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 13 SPAIN: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 14 US: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 15 ROW: GAS SENSORS MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)

LIST OF FIGURES (8 FIGURES)

FIGURE 1 COVID-19’S PACE OF GLOBAL PROPAGATION IS UNPRECEDENTED
FIGURE 2 OVERVIEW OF GAS SENSORS VALUE CHAIN
FIGURE 3 COVID-19 IMPACT ON GAS SENSORS ECOSYSTEM
FIGURE 4 2025 CHEMICAL INDUSTRY SCENARIO BEFORE AND AFTER COVID-19
FIGURE 5 VOLATILITY IN OIL PRICES/OIL PRICE DEPRESSION, 2011–2020
FIGURE 6 CAPITAL EXPENDITURE REVISION OF SELECTED OIL & GAS COMPANIES, 2020
FIGURE 7 DECREASE IN DEMAND FOR GAS SENSORS EXPECTED IN AUTOMOTIVE & TRANSPORTATION SEGMENT IN 2021
FIGURE 8 APAC TO BE THE LARGEST MARKET FOR GAS SENSORS

The study involved four major activities in estimating the global gas sensors market size. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various sources were referred to for identifying and collecting information for the gas sensors market study. The secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; news sources, articles from recognized authors; authenticated directories; and databases. Secondary research was conducted primarily to obtain key information about the supply chain of the industry, the monetary chain of the market, the total market players, market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both the market- and technology-oriented perspectives.

Primary Research 

In the primary research process, various primary sources from both the supply and demand side were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side included industry experts, such as marketing directors, consultants, R&D managers, and related key executives from major companies and organizations operating in the market. The primary sources from the demand side included refinery engineers, OEMs, and sales/purchase managers from end-use industries.

Following is the breakdown of primary respondents:

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the  size of the gas sensors market. These methods were also used extensively to estimate the size of various sub-segments in the market. The research methodology used to estimate the market size includes the following:

• The key players in the market were identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research.
• All the percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the estimation processes as explained above—the gas sensors market was split into several segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the various sectors.

Objectives of the Study:

• To analyze the impact of COVID-19 on the gas sensors market by technology, end-use industry, and region 
• To provide detailed information about the major factors (drivers and challenges) influencing the trends in the gas sensors market during the COVID-19 pandemic
• To analyze the impact of a prolonged pandemic on the supply-demand scenario of oil and gas and eventually on the gas sensors demand
• To study the health and economic impact of COVID-19 on various industries
• To analyze the shift in the expenditure of critical end-use industries of gas sensors such as healthcare, oil & gas and chemicals, and others
• To examine the shift in revenue patterns of gas sensor manufacturers in 2020 as well as  2021 and their capabilities to address emerging demand during this global COVID-19 pandemic
• To analyze the change in short-term strategies of manufacturers and end users in the gas sensors market
• To track key developments, such as new product launches, partnerships, agreements, and collaborations, in the context of the COVID-19 pandemic in the global gas sensors market