Gas Sensors Market

Gas Sensors Market worth $1.5 billion by 2026

According to a research report "Gas Sensors Market with COVID-19 Impact Analysis by Gas Type(Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Technology, Output Type, Product Type, Application, and Geography - Global Forecast to 2026", published by MarketsandMarkets, the overall gas sensors market is expected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026; it is expected to grow at a CAGR of 7.0% during 2021–2026. Key factors fueling this markets growth include high demand for gas sensors in critical industries, formulation and implementation of various health and safety regulations globally, increasing integration of gas sensors in HVAC systems and air quality monitors, increasing air pollution level and need for air quality monitoring in smart cities, and increased demand for gas sensors in healthcare industry during COVID-19 pandemic. Deployment of IoT, cloud computing, and big data with gas sensors, growing adoption of gas sensors in consumer electronics, and increasing demand for miniaturized wireless gas sensors create a strong demand for gas sensor for efficient industrial operations in the midst of COVID-19.

Browse 150 market data Tables and 59 Figures spread through 272 Pages and in-depth TOC on "Gas Sensors Market with COVID-19 Impact Analysis by Gas Type(Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Technology, Output Type, Product Type, Application, and Geography - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/gas-sensor-market-245141093.html

Oxygen gas sensor is expected to gain a significant share of gas sensor market by 2026

The oxygen gas sensor is expected to account for the largest share of the gas sensor market by 2026 as oxygen detectors, analyzers, and monitors are widely used in the automotive industry, smart cities & building automation, food & beverage industry, and other industrial applications. Medical equipment is another application area of oxygen sensors as they are used in incubators and other hypoxic life science products, anesthesia monitors, respirators, and oxygen concentrators.

Based on application, Smart cities & building automation to witness the highest CAGR in Gas sensor market during 2021–2026

The gas sensor market for the smart cities & building automation application is expected to grow with the highest CAGR during the forecast period. The rising environmental pollution levels and increasingly degrading indoor air quality have created a significant demand for gas sensors for HVAC and air quality monitoring applications. In smart cities, gas sensors can be used for environmental monitoring applications to monitor air quality, which includes weather stations and monitoring of the environment at public places. Major gases that are monitored include CO, CO2, SO2, NO, NO2, and VOCs. Increasing projects of smart cities in developing countries are expected to drive the growth of the market.

Gas sensor market in APAC to grow at the highest CAGR during the forecast period

The gas sensor market for the smart cities & building automation application is expected to grow with the highest CAGR during the forecast period. The rising environmental pollution levels and increasingly degrading indoor air quality have created a significant demand for gas sensors for HVAC and air quality monitoring applications. In smart cities, gas sensors can be used for environmental monitoring applications to monitor air quality, which includes weather stations and monitoring of the environment at public places. Major gases that are monitored include CO, CO2, SO2, NO, NO2, and VOCs. Increasing projects of smart cities in developing countries are expected to drive the growth of the market.

Key players in the market include Honeywell Analytics (UK), MSA Safety Inc. (US), Amphenol (US), Figaro Engineering (Japan), Alphasense Ltd.(UK), Sensirion AG (Switzerland), Dynament Ltd. (UK), ams AG (Austria), MEMBRAPOR AG (Switzerland), and Senseair AB (Sweden). These players are increasingly undertaking product launches and developments, acquisitions, partnerships, and expansions, to increase their market shares.

Don’t miss out on business opportunities in Gas Sensors Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
SE 4323
PR Published ON
2/11/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Gas Sensors Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home