Gas Sensor Market Research Report - Global Forecast till 2027

Gas Sensor Market Research Report: By Technology (Electrochemical, Photoionization Detectors, Solid State/Metal Oxide Semiconductor, Catalytic, Infrared, Laser, Others), By Gas Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Hydrogen Sulfide, Nitrogen Oxide, Methane, Hydrogen, Others), Application (Water & Wastewater Treatment, Medical, Aerospace & Defense, Automotive & Transportation, Industrial Safety, Oil & Gas, Consumer Electronics, Environmental Monitoring, Others), By Region (North America, Europe, Asia-Pacific, Rest of The World) - Forecast till 2027

ID: MRFR/SEM/4013-CR | October 2020 | Region: Global | 142 pages

Market Snapshot


Global Gas Sensor Market is expected to grow at 8.66% CAGR, witnessing substantial growth during the forecast period. The market was valued at USD 1123.3 Million in 2019; it is expected to reach USD 1795.9 Million by 2025.


Gas sensors can detect a wide range of gases, such as toxic gases, flammable, and combustible gases. They are widely used by various industries such as transportation, food & beverage, metals, chemicals, power stations, and smart cities. The manufacturing of gas sensors by major players is dependent upon the rising demand from end users, stringent environmental regulations on the emission of toxic gases from manufacturing facilities, and rising pollution levels in several cities. In industrial hygiene is expected to create new opportunities for the manufacturers of gas sensors


North America accounted for the largest market value of USD 370.1 Million in 2019; the market is expected to register a CAGR of 8.0% during the forecast period.


Global Gas Sensor Market, By Technology (2018 Vs 2025)
Gas Sensor Market


Source: MRFR analysis


Based on technology, the market has been classified as electrochemical, solid state/metal oxide, semiconductor, infrared, others, catalytic, photoionization detectors, laser. The others segment accounted for the largest market share in 2019, with a market value of USD 489.6 million during the forecast period. The solid state/metal oxide semiconductor segment held the second-largest share. The photoionization detectors (PIDs) are gas detectors used for the detection of various organic compounds. The catalytic gas sensors are used for measuring concentrations of combustible gases for the prevention of explosive accidents within industrial and domestic environments. The infrared gas sensors manufactured by using infrared light, an optical filter to select the proper wavelength, and an optical, infrared receiver. The laser-based gas sensor is used for quantifying and detecting polluting gases, which include methane and carbon dioxide. The other segment consists of different technologies, which include Zirconia, Holographic, and others.


Growing demand for gas sensor in smart cities and increasing adoption in HVAC systems are factors expected to drive the gas sensor market during the forecast period. However, high development costs of advanced gas sensors, scalability, and reliability issues in deployment of sensors in system on chip are responsible to restrain the market growth during the forecast period. The applications in industrial hygiene is expected to create new opportunities for the manufacturers of gas sensors.


Regional Analysis


Global Gas Sensor Market, by region, has been segmented into North America, Europe, Asia-Pacific, Rest of The World. North America is accounted for the largest market value of USD 370.1 million. Asia-Pacific is accounted for fastest market share of 10.0%.


Companies Covered


The Key Players of the Global Gas Sensor Market City Technology Ltd (UK), Dynament(UK), AlphaSense (UK), Amphenol Corporation (US), Bosch Sensortec GMBH (Germany), AMS AG (Austria), SenseAir AB (Sweden), NEW COSMOS ELECTRIC CO., LTD.(Japan),  Membrapor AG (Switzerland), Sensirion AG (Switzerland), and MSA (US), among others.


Key Developments  



  • In March 2019, Amphenol launched a new series of CO2 sensors—the Telaire T3022 series. These sensors are designed to meet the requirements of low-cost carbon dioxide (CO2) sensing.

  • In June 2018, New Cosmos Electric Co., Ltd. launched gas detectors and alarms to ensure the safe use of liquefied natural gas (LNG) with digital signage displays. These products include fixed gas detector KD-12, gas leak detector XP-702III, and battery-operated fire/gas/CO alarm MC-315S.

  • In August 2017, New Cosmos Electric Co., Ltd. launched a range of gas detectors for applications in the energy industry vertical. These products include portable combustible gas detector XP-3000 series, portable multi-gas detector XA-4400II, portable multi-gas detector XP-302M, personal CO/O2/H2S detector XX-2200 series, digital oxygen indicator XO-326IIS, portable VOC analyzer XG-100V, cart-type combustible gas detector XP-707IIIai, and fixed gas detector KD-12S.

  • In November 2019, Sensirion AG has developed a new mass flow meter for measuring oxygen (O2) and laughing gas (N2O) levels. This product is expected to be commercialized by the second quarter of 2020.


Segmentation



  • By Technology: Electrochemical, Photoionization Detectors, Solid State/Metal Oxide Semiconductor, Catalytic, Infrared, Laser, Others.

  • By Gas Type: Oxygen, Carbon Monoxide, Carbon Dioxide, Hydrogen Sulfide, Nitrogen Oxide, Methane, Hydrogen, Others

  • By Application: Water & Wastewater Treatment, Medical, Aerospace & Defense, Automotive & Transportation, Industrial Safety, Oil & Gas, Consumer Electronics, Environmental Monitoring, Others.

  • By Region: North America, Europe, Asia-Pacific, Rest of The World.


Key Questions Addressed by the Report



  • What was the historic market size (2017)?

  • Which segmentation (Technology/Gas Type /Application) is driving the market?

  • What will be the growth rate by 2025?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 1795.9 Million
  CAGR   8.66%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Gas Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   City Technology Ltd (UK), Dynament(UK), AlphaSense (UK), Amphenol Corporation (US), Bosch Sensortec GMBH (Germany), AMS AG (Austria), SenseAir AB (Sweden), NEW COSMOS ELECTRIC CO., LTD.(Japan), Membrapor AG (Switzerland), Sensirion AG (Switzerland), and MSA (US)
  Key Market Opportunities   The applications in industrial hygiene.
  Key Market Drivers

  • Growing demand for gas sensor in smart cities.
  • Increasing adoption in HVAC systems.


  • Frequently Asked Questions (FAQ) :


    Global gas sensor market is projected to grow at approximately 8.66% CAGR during the assessment period (2019 -2025).

    The valuation of the global gas sensor market is estimated to increase to USD 1795.9 MN by the end of 2025.

    Rising demand from end-users, stringent environmental regulations on the emission of toxic gases from manufacturing facilities, and rising pollution levels in several cities are major tailwinds pushing the growth of the global gas sensor market.

    Dynament(UK), City Technology Ltd (UK), AlphaSense (UK), Bosch Sensortec GMBH (Germany), Amphenol Corporation (US), AMS AG (Austria), New Cosmos Electric Co., Ltd.(Japan), SenseAir AB (Sweden), Sensirion AG (Switzerland), Membrapor AG (Switzerland), and MSA (US), are some of the top players operating in the global gas sensor market.

    North America is expected to hold the highest market share in the global gas sensor market.