Gas sensors market is one among the few vibrant business spheres where innovations and technology quite aptly outline the key to profitability and opportunities. The industry participants are thoroughly investing in research activities to bring product improvisations in terms of advancements and sustainability quotients, that in extension is enhancing the product and commercialization matrix of this fraternity.
Gas sensors are gaining massive traction across the medical sector. Demand for advanced monitoring systems, medical diagnostics, and enhanced treatment in healthcare institutions has supported product deployment. Gas sensors are also integrated with multiple medical devices like drug delivery and smart inhalers to enhance their functionalities.
Rising R&D activities done in the medical electronics sector will endow noteworthy strides to gas sensor market. In 2018, researchers from Israel’s Soroka University Medical Center and Ben-Gurion University developed a new method for accurately screen early breast cancer by studying biomarkers using two electronic nose gas sensors. With such advances,estimates that the gas sensor market could cross USD 2 billion, recording over 80 million-unit shipments by the year 2026.
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Burgeoning technological advancements along with the evolution of smart devices and IoT are stimulating the demand for gas sensors in consumer electronics. Estimates suggest that the segment might record a growth of 4% during the predicted timeframe. As a result, wireless gas sensors with simpler designs are gaining heavy traction to conduct real-time data analysis.
Portable electronics meanwhile are using these sensors to enhance their functionality. While companies are working on developing technologically advanced gas sensors to improve their product portfolio. Citing an instance, in March 2018, Caterpillar Inc. launched its S61 smartphone equipped with Volatile Organic Compounds (VOC) sensor, enabling the device to detect toxic chemicals in the air.
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
Increasing digitalization across the manufacturing sector of Germany could massively boost Europe gas sensor market . Studies estimate that the regional market may register almost 4% CAGR by 2026. Earlier in 2019, the gas sensor market of Europe recorded a valuation of more than USD 400 million.
Supportive federal initiatives geared around sustainability and energy-efficiency coupled with increasing imposition of strict emission control standards could accelerate the adoption of gas sensors in vehicles across Europe.
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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. Others
5.6.1. Market estimates and forecast, 2016 – 2026
Chapter 6. Gas Sensor Market, By Technology (Revenue, Shipments)
6.1. Key trends, by technology
6.2. Electrochemical
6.2.1. Market estimates and forecast, 2016 – 2026
6.2.2. Market estimates and forecast, by connectivity,2016 – 2026
6.2.2.1. Wired
6.2.2.2. Wireless
6.3. Semiconductor
6.3.1. Market estimates and forecast, 2016 – 2026
6.3.2. Market estimates and forecast, by connectivity,2016 – 2026
6.3.2.1. Wired
6.3.2.2. Wireless
6.4. Solid state
6.4.1. Market estimates and forecast, 2016 – 2026
6.4.2. Market estimates and forecast, by connectivity,2016 – 2026
6.4.2.1. Wired
6.4.2.2. Wireless
6.5. PID
6.5.1. Market estimates and forecast, 2016 – 2026
6.5.2. Market estimates and forecast, by connectivity,2016 – 2026
6.5.2.1. Wired
6.5.2.2. Wireless
6.6. Catalytic
6.6.1. Market estimates and forecast, 2016 – 2026
6.6.2. Market estimates and forecast, by connectivity,2016 – 2026
6.6.2.1. Wired
6.6.2.2. Wireless
6.7. Infrared
6.7.1. Market estimates and forecast, 2016 – 2026
6.7.2. Market estimates and forecast, by connectivity,2016 – 2026
6.7.2.1. Wired
6.7.2.2. Wireless
6.8. Others
6.8.1. Market estimates and forecast, 2016 – 2026
6.8.2. Market estimates and forecast, by connectivity,2016 – 2026
6.8.2.1. Wired
6.8.2.2. Wireless
Chapter 7. Gas Sensor Market, By Connectivity (Revenue, Shipments)
7.1. Key trends, by connectivity
7.2. Wired
7.2.1. Market estimates and forecast, 2016 – 2026
7.3. Wireless
7.3.1. Market estimates and forecast, 2016 – 2026
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