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Gas Sensors Market Size By Technology (Electrochemical, Semiconductor, PID, Solid State, Catalytic, Infrared), By Product (Oxygen, Carbon Dioxide, NOx, Carbon Monoxide), By Application (Consumer Electronics, Medical, Environmental, Petrochemical, Automotive, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, India, Japan, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024

Published Date: September 2017 | 220 Pages | Report ID: GMI123 Report Format: PDF

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Summary Table of Contents Industry Coverage Methodology

Industry Trends

Gas Sensors Market size was over USD 2 billion, with more than 900 million units shipped in 2016.
 

U.S. gas sensors market size, by application, 2016 & 2024 (USD Million)
U.S. gas sensors market size, by application, 2016 & 2024 (USD Million)

 

The stringent regulatory framework for worker safety and health as a result of growing initiatives by governments across the globe is set to drive the gas sensors market. Moreover, increasing awareness regarding improving air quality among the users will fuel the penetration across the automotive and industrial applications. Increasing implementation of these components in the automotive systems ensures the safety and health of the workers. Increasing norms and regulations to keep close quality check on the emissions from the automobiles, the manufacturers have started integrating the vehicles with the gas sensors, in addition to the emission reducing-mechanism.
 

The use of these components in breath analysis by the road-traffic control & management bodies is set to positively impact the industry growth. High adoption of wireless technology and miniaturized electronics are among the other factors accelerating the demand. Growing trend of miniaturization of electronic components is resulting in large scale adoption in smart homes and IoT devices owing to the increased operational efficiency and reduced costs.
 

Gas Sensors Market, By Product

Carbon dioxide sensors are estimated to gain the significant market share in the coming years owing to the extensive adoption of these components in bulk food storages. These have the ability to detect the early spoilage of food and keep check on the admissible levels of CO2 in the storage units. They also find applications in automobiles to safeguard the drivers from emission of hazardous gases.
 

Oxygen gas sensors market will witness growth at over 6% CAGR estimation, owing to wide application in healthcare sector in devices such as ventilators, anesthesia machines, analyzers and oxygen monitors. These are installed in large numbers in automobiles to maintain the air quality of cabins and avoid environmental mishaps.
 

Gas Sensors Market, By Technology

Electrochemical technology is projected to witness high demand, owing to benefits such as high efficiency and low costs. The components based on this technology are the most preferred types, due to their capability of accurately detecting the combustible and toxic gases, thus aiding the market growth.
 

Infrared gas sensors market is anticipated to witness noteworthy growth over the next few years.  They are chemically inert and offer longer product lifecycle as compared to the other types. The components based on the infrared technology are divided into three types, multiplex, dispersive, and non-dispersive. Non-dispersive infrared components are widely used, owing to ease of maintenance, simplicity of design, and ease of operability. Furthermore, these are the most reliable components for measuring the carbon dioxide volume exhaled by humans and can find applications in several industries such as healthcare & food & beverages.
 

Gas Sensors Market, By Application

Industrial applications dominated the gas sensors market with a revenue share of over 20% in 2016. Increasing government norms pertaining to the emissions and increasing awareness regarding the workers’ health & safety factor in among the key drivers for growth. The global demand in consumer electronics applications will be driven by the growing trend of integration of these components in wearable devices, tablets, and smartphones to detect CO, CO2, and VOCs. Companies such as Sensirion AG are developing products that can be used in wide range of areas of indoor air quality and comfort.
 

Gas Sensors Market, By Region

Asia Pacific gas sensors market is poised to witness high growth, owing to increasing automation in industries and expanding automobile sector in the countries such as China and India. The industry in China has witnessed growing trend of miniaturized and wireless components that can be integrated with handheld devices for detecting inflammable and toxic gases. Customers in the country are increasingly demanding the new technologies such as E-compressor and E-turbo, that use these components to curb hazardous emissions. Furthermore, rising investments in medical, construction, and infrastructure due to increasing urbanization will provide viable growth opportunities in the region.
 

Competitive Market Share

The prominent players in the gas sensors market include Dynament, City Technology, Ltd., Amphenol Corporation, Alphasense, Bosch Sensortec, SenseAir AB, Membrapor AG, Figaro Engineering Inc., MSA, Sensirion AG, Honeywell International Inc., Siemens AG, Teledyne Technologies Incorporated, Dragerwerk AG & Co. KGaA, Aeroqual Ltd., Trolex Ltd., and Yokogawa Electric Corporation. The industry is highly fragmented and the companies are adopting strategies such as product portfolio expansion and increasing their R&D spend to gain industry share. For instance, Sensirion AG has developed world’s first component based on multi-pixel technology. due to its small dimensions, 2.45 × 2.45 × 0.75 mm, these components can be integrated with multiple components. These sensors enable the devices to sense surroundings in a unique way such as recognize smells and person’s breath.
 

Gas Sensors Industry Background
 

Gas Sensors Market Segmentation

These components were traditionally limited to household carbon dioxide alarms and industrial leak detection. Growing trend of miniaturization of electronics and need for cost reduction has encouraged the development of environmental monitoring systems. The use of these components in the environmental monitoring systems has propelled the growth of the gas sensors market. The advantages offered by these products over environmental modelling techniques and traditional reference equipment to directly measure the level of pollutant in the air have widened the scope of application. These offer greater spatial coverage, high robustness, ease of production, and simple interface electronics, thus making them ideal components in commercial applications and devices, thus fueling the market growth.


What Information does this report contain?

What was the historic market data from 2013 to 2016, what is the industry growth forecast from 2017 to 2024?
A detailed analysis of regulatory trends, growth drivers, industry pitfalls, challenges and opportunities for participants
Which are the leading market products, applications & regions and how will they perform by 2024?
What are the technology & innovation trends, how will they evolve by 2024?
Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?


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