Chemical Sensors Market Research Report – Global Forecast till 2027

Chemical Sensors Market Research Report: Information by Particulate Type (Solid, Liquid, Gas), Technology (Electromechanical, Biochemical, Electrical, Thermometric), Vertical (Healthcare, Oil & Gas, Industrial, Agriculture) — Forecast till 2027

ID: MRFR/SEM/6113-HCR | February 2021 | Region: Global | 100 Pages         

TABLE OF CONTENTS

1 Executive Summary

1.1 Market Attractiveness Analysis

1.2 Global Chemical Sensors Market, by Particulate Type

1.3 Global Chemical Sensors Market, by Technology

1.4 Global Chemical Sensors Market, by Vertical

1.5 Global Chemical Sensors Market, by Region

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 List of Assumptions

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Technological Trends

5.7 Regulatory Landscape/Standards

6 Market Factor Analysis

6.1 Supply/Value Chain Analysis

6.1.1 R&D

6.1.2 Manufacturing

6.1.3 Distribution & Sales

6.1.4 Post-Sales Monitoring

6.2 Porter’s Five Forces Model

6.2.1 Threat of New Entrants

6.2.2 Bargaining Power of Suppliers

6.2.3 Bargaining Power of Buyers

6.2.4 Threat of Substitutes

6.2.5 Intensity of Rivalry

7. Global Chemical Sensors Market, by Particulate Type

7.1 Introduction

7.2 Solid

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Liquid

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Gas

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Chemical Sensors Market, by Technology

8.1 Introduction

8.2 Electromechanical

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast, by Region, 2020-2027

8.3 Biochemical

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast, by Region, 2020-2027

8.4 Electrical

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast, by Region, 2020-2027

8.5 Thermometric

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast, by Region, 2020-2027

8.6 Others

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast, by Region, 2020-2027

9. Global Chemical Sensors Market, by Vertical

9.1 Introduction

9.2 Healthcare & Life Sciences

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast, by Region, 2020-2027

9.3 Oil & Gas

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast, by Region, 2020-2027

9.4 Industrial

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast, by Region, 2020-2027

9.5 Automotive

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast, by Region, 2020-2027

9.6 Military & Defense

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast, by Region, 2020-2027

9.7 Agriculture

9.7.1 Market Estimates & Forecast, 2020-2027

9.7.2 Market Estimates & Forecast, by Region, 2020-2027

9.8 Energy & Power

9.8.1 Market Estimates & Forecast, 2020-2027

9.8.2 Market Estimates & Forecast, by Region, 2020-2027

9.9 Others

9.9.1 Market Estimates & Forecast, 2020-2027

9.9.2 Market Estimates & Forecast, by Region, 2020-2027

10. Global Chemical Sensors Market, by Region

10.1 Introduction

10.2 North America

10.2.1 Market Estimates & Forecast, by Country, 2020-2027

10.2.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.2.3 Market Estimates & Forecast, by Technology, 2020-2027

10.2.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.2.5 US

10.2.5.1 Market Estimates & Forecast, 2020-2027

10.2.5.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.2.5.3 Market Estimates & Forecast, by Technology, 2020-2027

10.2.5.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.2.6 Canada

10.2.6.1 Market Estimates & Forecast, 2020-2027

10.2.6.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.2.6.3 Market Estimates & Forecast, by Technology, 2020-2027

10.2.6.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.2.7 Mexico

10.2.7.1 Market Estimates & Forecast, 2020-2027

10.2.7.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.2.7.3 Market Estimates & Forecast, by Technology, 2020-2027

10.2.7.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.3 Europe

10.3.1 Market Estimates & Forecast, by Country, 2020-2027

10.3.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.3.3 Market Estimates & Forecast, by Technology, 2020-2027

10.3.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.3.5 Germany

10.3.5.1 Market Estimates & Forecast, 2020-2027

10.3.5.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.3.5.3 Market Estimates & Forecast, by Technology, 2020-2027

10.3.5.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.3.6 France

10.3.6.1 Market Estimates & Forecast, 2020-2027

10.3.6.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.3.6.3 Market Estimates & Forecast, by Technology, 2020-2027

10.3.6.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.3.7 Italy

10.3.7.1 Market Estimates & Forecast, 2020-2027

10.3.7.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.3.7.3 Market Estimates & Forecast, by Technology, 2020-2027

10.3.7.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.3.8 Spain

10.3.8.1 Market Estimates & Forecast, 2020-2027

10.3.8.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.3.8.3 Market Estimates & Forecast, by Technology 2020-2027

10.3.8.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.3.9 UK

10.3.9.1 Market Estimates & Forecast, 2020-2027

10.3.9.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.3.9.3 Market Estimates & Forecast, by Technology, 2020-2027

10.3.9.4 Market Estimates & Forecast by Vertical, 2020-2027

10.4 Asia-Pacific

10.4.1 Market Estimates & Forecast, by Country, 2020-2027

10.4.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.4.3 Market Estimates & Forecast, by Technology, 2020-2027

10.4.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.4.5 China

10.4.5.1 Market Estimates & Forecast, 2020-2027

10.4.5.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.4.5.3 Market Estimates & Forecast, by Technology, 2020-2027

10.4.5.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.4.6 India

10.4.6.1 Market Estimates & Forecast, 2020-2027

10.4.6.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.4.6.3 Market Estimates & Forecast, by Technology, 2020-2027

10.4.6.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.4.7 Japan

10.4.7.1 Market Estimates & Forecast, 2020-2027

10.4.7.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.4.7.3 Market Estimates & Forecast, by Technology, 2020-2027

10.4.7.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.4.8 Rest of Asia-Pacific

10.4.8.1 Market Estimates & Forecast, 2020-2027

10.4.8.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.4.8.3 Market Estimates & Forecast, by Technology, 2020-2027

10.4.8.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.5 Rest of the World

10.5.1 Market Estimates & Forecast, by Region, 2020-2027

10.5.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.5.3 Market Estimates & Forecast, by Technology, 2020-2027

10.5.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.5.5 Middle East & Africa

10.5.5.1 Market Estimates & Forecast, 2020-2027

10.5.5.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.5.5.3 Market Estimates & Forecast, by Technology, 2020-2027

10.5.5.4 Market Estimates & Forecast, by Vertical, 2020-2027

10.5.6 South America

10.5.6.1 Market Estimates & Forecast, 2020-2027

10.5.6.2 Market Estimates & Forecast, by Particulate Type, 2020-2027

10.5.6.3 Market Estimates & Forecast, by Technology, 2020-2027

10.5.6.4 Market Estimates & Forecast, by Vertical, 2020-2027

11. Company Landscape

11.1 Competitive Overview

11.2 Competitor Dashboard

11.3 Major Growth Strategies in the Global Chemical Sensors Market

11.4 Competitive Benchmarking

11.5 Key Developments & Growth Strategies

11.5.1 Product Launches/Service Deployments

11.5.2 Mergers & Acquisitions

11.5.3 Joint Ventures

12. Company Profiles

12.1 Abbott Laboratories

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Emerson Electric Co.

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Denso Corporation

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Nova Biochemical Corp.

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Thermo Fisher Scientific Inc.

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 AMETEK, Inc.

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 Alpha MOS

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Freescale Semiconductor, Inc.

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Halma PLC

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 F. Hoffmann-La Roche AG

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13 Conclusion


LIST OF TABLES

Table 1 Global Chemical Sensors Market, by Region, 2020-2027

Table 2 North America: Chemical Sensors Market, by Country, 2020-2027

Table 3 Europe: Chemical Sensors Market, by Country, 2020-2027

Table 4 Asia-Pacific: Chemical Sensors Market, by Country, 2020-2027

Table 5 Middle East & Africa: Chemical Sensors Market, by Country, 2020-2027

Table 6 South America: Chemical Sensors Market, by Country, 2020-2027

Table 7 Global Chemical Sensors Market, by Region, 2020-2027

Table 8 North America: Chemical Sensors Market, by Country, 2020-2027

Table 9 Europe: Chemical Sensors Market, by Country, 2020-2027

Table10 Asia-Pacific: Chemical Sensors Market, by Country, 2020-2027

Table11 Middle East & Africa: Chemical Sensors Market, by Country, 2020-2027

Table12 South America: Chemical Sensors Market, by Country, 2020-2027

Table13 Global Chemical Sensors Technology Market, by Region, 2020-2027

Table14 North America: Chemical Sensors Technology Market, by Country, 2020-2027

Table15 Europe: Chemical Sensors Technology Market, by Country, 2020-2027

Table16 Asia-Pacific: Chemical Sensors Technology Market, by Country, 2020-2027

Table17 Middle East & Africa: Chemical Sensors Technology Market, by Country, 2020-2027

Table18 South America: Chemical Sensors Technology Market, by Country, 2020-2027

Table19 Global Chemical Sensors Vertical Market, by Region, 2020-2027

Table20 North America: Chemical Sensors Vertical Market, by Country, 2020-2027

Table21 Europe: Chemical Sensors Vertical Market, by Country, 2020-2027

Table22 Asia-Pacific: Chemical Sensors Vertical Market, by Country, 2020-2027

Table23 Middle East & Africa: Chemical Sensors Vertical Market, by Country, 2020-2027

Table24 South America: Chemical Sensors Vertical Market, by Country, 2020-2027

Table25 Global Type Market, by Region, 2020-2027

Table26 Global Technology Market, by Region, 2020-2027

Table27 Global Vertical Market, by Region, 2020-2027

Table28 North America: Chemical Sensors Market, by Country

Table29 North America: Chemical Sensors Market, by Type

Table30 North America: Chemical Sensors Market, by Technology

Table31 North America: Chemical Sensors Market, by Vertical

Table32 Europe: Chemical Sensors Market, by Country

Table33 Europe: Chemical Sensors Market, by Type

Table34 Europe: Chemical Sensors Market, by Technology

Table 35 Europe: Chemical Sensors Market, by Vertical

Table36 Asia-Pacific: Chemical Sensors Market, by Country

Table37 Asia-Pacific: Chemical Sensors Market, by Type

Table38 Asia-Pacific: Chemical Sensors Market, by Technology

Table 39 Asia-Pacific: Chemical Sensors Market, by Vertical

Table40 Middle East & Africa: Chemical Sensors Market, by Country

Table41 Middle East & Africa: Chemical Sensors Market, by Type

Table42 Middle East & Africa: Chemical Sensors Market, by Technology

Table43 Middle East & Africa: Chemical Sensors Market, by Vertical

Table44 South America: Chemical Sensors Market, by Country

Table45 South America: Chemical Sensors Market, by Type

Table46 South America: Chemical Sensors Market, by Technology

Table47 South America: Chemical Sensors Market, by Vertical

LIST OF FIGURES

FIGURE 1 Global Chemical Sensors Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Chemical Sensors Market

FIGURE 4 Value Chain of Global Chemical Sensors Market

FIGURE 5 Share of Global Chemical Sensors Market in 2020, by Country (in %)

FIGURE 6 Global Chemical Sensors Market, 2020-2027

FIGURE 7 Sub-Segments of Type

FIGURE 8 Global Chemical Sensors Market Size, by Type, 2020

FIGURE 9 Share of Global Chemical Sensors Market, by Type, 2020-2027

FIGURE 10 Global Chemical Sensors Market Size, by Technology, 2020

FIGURE 11 Share of Global Chemical Sensors Market, by Technology, 2020-2027

FIGURE 12 Global Chemical Sensors Market Size, by Vertical, 2020-2027

FIGURE 13 Share of Global Chemical Sensors Market, by Vertical, 2020-2027

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Chemical Sensors Market Overview


The global chemical sensors market is executing a good CAGR growth of 5.54% during the ongoing forecast period of 2017-2023. USD 30.47 billion in the year 2023. During the historical period for the market that ended in 2017, the market closed by reaching a global figure worth USD 22.35 billion.


The developments in the various industrial sectors, such as the automotive sector, healthcare sector, and other sectors, are driving the demand for chemical sensors. These are used for identifying and transforming information chemicals into analytical signals. The increased rate of environmental concerns is due to the higher levels of pollution, and the fears related to homeland security are driving the market.


The initiatives taken by the government to control the emission to eliminate the usage of excessive carbon are contributing to the market’s growth. The detection of hazardous gases and chemicals to prevent human health risks and life threats primarily drives the market. The usage of these sensors in the oil and gas industries is accelerating the market’s growth. The demand for chemical sensors in the automotive and defence sectors also fuels the global market. Due to this rising demand, the market will successfully reach its estimated value.


COVID 19 Analysis


Since the initial cases of the pandemic were reported in Wuhan, China, followed by other global regions and countries, the production and manufacturing units are having a hard time developing sudden changes and implement them to suit the current market needs. To detect coronavirus diseases, various tests and rapid kits have been developed. The government has imposed restrictions in the form of lockdown and restricting the functioning of the companies, corporates, and entities. The pandemic struggles are grilling the ability of the production and manufacturing units because there is a lack of availability of reliable resources that will have an impact on the finished products and ability of the market to maintain a proper equilibrium of the chemical sensors market forces of demand and supply.


Hence, the government is investing in the large-scale development of the chemical sensors market size that will further, expand the scale of operations and meet the needs of the target audience that is located in various mushrooming global regions.


Market Dynamics


Drivers


Out of the total world population, approximately 962.3 million people belong to the geriatric group of people. The aging population is more exposed to the vulnerabilities related to obnoxious diseases and with a steep rise in the occurrence and contraction of diseases, the demand for chemical sensors is being created on a large scale. Also, its use across several clinical applications like blood gas measurements and blood glucose are emerging as one of the major sources that happen to demand the market functioning and reliable operations on the global scale. The use of the chemical sensors for analytes employed while conducting the chemical industrial process is also gearing up for large-scale market integration during the forecast period that ends in 2028.


Restraints


As the name suggests, the market encourages certain environmental concerns for the market and hence, bar the market to grow as per the prediction of the market leaders and experts during the forecast period that ends in 2028. Also, the market is witnessing an emergence of factors like high maintenance and penetrating need for air-conditioned shelter rooms. The market is also likely to come across frequent recalibration and constant development of the accuracy issues that will restrain the global market operations to grow as per the predictions during the forecast period that ends in 2028.


Technology Analysis


The development of sensors and related market components is undergoing heavy interest and development for the market and its growth during the ongoing forecast period of 2021-2028. For instance, the Korea Advanced Institute of Science and Technology (KAIST) has been invested and largely working on the development of chemical nanosensors as a part of the global market operations and aim at expansion during the current market period. These developments help in rapidly analyzing the components related to exhaled breath to detect the trace molecules that are known to have an association with creatin types of diseases.


Global Chemical Sensors Market, Y-o-Y Growth, 2017–2023 (USD Billion)


Chemical Sensors Market


Source: MRFR Analysis


Market Segmentation


The chemical sensors market has been divided all across the globe based on the particulate type, technology, and verticals.


Based on the Particulate Type


The chemical sensors market has been divided all across the globe based on the particulate type into gas, liquid, and solid. Chemical sensors various according to the phase.


Based on the Technology


The chemical sensors market has been divided all across the globe based on the technology into thermometric, electrical, biochemical, and electromechanical. The largest market share in technology dividends is held by electromechanical technology.


Based on the Verticals


The chemical sensors market has been divided all across the globe based on the verticals into agriculture, military and defense, automotive, industrial, energy and power, oil and gas, healthcare and life sciences, and others. The largest market share in the verticals dividend is held by the healthcare and life sciences vertical.


Regional Analysis


The chemical sensors market has been divided all across the globe based on the region into North American region, European region, Asia-Pacific region, Latin American region, and the Middle East and African region. The largest market share in the chemical sensors market is held by the North American region owing to the increasing adoption of turbocharged engines and direct gasoline injection in the automotive industry.


Being the fastest-growing region, the second-largest market share in the chemical sensors market is held by the Asia-Pacific region owing to the increasing growth of the automotive industry and healthcare and life sciences industry. Increasing health awareness is another major driving factor.


The third-largest market share in the chemical sensors market all across the globe is held by the European region owing to the presence of countries like the UK, France, Germany, and Italy. High per capita disposable income is another contributing factor.


The least market share is held by the Latin American region and the Middle East and African region owing to the presence of low infrastructure in both these regions. Low per capita disposable income is another contributing factor that restricts the market growth in these regions.


Chemical Sensors Market Competitive Landscape


The most prominent major key player in the chemical sensors market all across the globe are mentioned below:



  • Hoffmann-La Roche AG (Switzerland)

  • Halma PLC (UK)

  • Freescale Semiconductor, Inc. (US)

  • Alpha MOS (France)

  • AMETEK, Inc. (US)

  • Thermo Fisher Scientific Inc. (US)

  • Nova Biochemical Corp. (US)

  • Denso Corporation (Japan)

  • Emerson Electric Co. (US)

  • Abbott Laboratories (US)


These major key players use various strategies to sustain their market position in the chemical sensors market in the global market by going for mergers, and acquisitions, by collaborating, establishing a partnership, developing a new production process, setting up a new joint venture, developing a new product line, innovation in the existing product, and many others to expand their customer base in the untapped market of the chemical sensors all across the globe.


Recent Developments


April 2022


The CBC teams are exploring affordable and lightweight sensors for Warfighter Usage.


The Soldier in the field has to carry multiple pieces of gear for handling situations. The Army scientists and engineers are implementing their diverse skills to make for the development of microsensor development at the U.S. Army’s Combat Capabilities Development Command Chemical Biological Center.


This proof-of-concept states that the development will provide warfighters with sensors. The sensors will be low price, lightweight, and easy to carry. “The team is trying to unburden the warfighter. We want to develop sensors that can be deployed to provide personnel with greater situational awareness of the field environment.


Report Overview


This global chemical sensors market research report consists of the following elements mentioned below:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamics

  • Technical Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


This market research report contains factors that drive the growth of the chemical sensors market in the global market along with the factors that restrict its growth in the global market. The technical analysis during the forecasted period is mentioned. The impact of COVID 19 on the chemical sensors market all across the globe is mentioned. The future growth rate in the chemical sensors market during the forecasted period is estimated and mentioned.


Intended Audience


System integrators, technology investors, technology standards organizations, market research firms, consultancy firms, research and development companies, equipment distributors and suppliers, original equipment manufacturers, technology providers, and sensor manufacturers.



Report Scope:
Report Attribute/Metric Details
  Market Size   2023: USD 30.47 Billion
  CAGR   2017-2023: 5.54%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Particulate Type, Technology, Vertical
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Abbott Laboratories (US), Emerson Electric Co. (US), Denso Corporation (Japan), Nova Biochemical Corp. (US), Thermo Fisher Scientific Inc. (US), AMETEK, Inc. (US), Alpha MOS (France), Freescale Semiconductor, Inc. (US), Halma PLC (UK), and F. Hoffmann-La Roche AG (Switzerland)
  Key Market Opportunities   The high concentration of market players and the availability of proficient technical expertise.
  Key Market Drivers

  • The expanding healthcare and life sciences and automotive industries.
  • Technological advancements resulting in enhanced chemical sensors performance coupled with the high demand for portable, low-cost chemical sensors.


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    Frequently Asked Questions (FAQ) :

    The global chemical sensor market is poised to register a market value of USD 22.35 billion at a CAGR of approximately 5.54% over the review period (2017-2023).

    The increasing demand for the chemical sensor from oil and gas industry coupled with the integration of technological innovation, is creating opportunities for market players.

    The North America region holds the largest share of the market across the globe, followed by Europe and the Asia Pacific region. The U.S. and Canada are contributing substantially towards the North America market share.

    The global chemical sensor market is analyzed based on particulate type, vertical, and application, wherein the oil and gas application segment is projected to witness maximum demand over the review period.

    A few significant players in the global chemical sensor market for Abbott Laboratories (US), Emerson Electric Co. (US), Denso Corporation (Japan), Nova Biochemical Corp. (US), Thermo Fisher Scientific Inc. (US), and others.