Gas Sensors Market Size, Share, Trends, Demand and Growth Forecast to 2023

The gas sensor market is driven mainly due to the advancements in embedded electronics, and sensor technology. The increase in hazardous gas emission has led to the implementation of several government legislations, recently. Carbon gas sensor marketmonoxide (CO) and nitrogen oxide sensing devices are the widely used gas sensors, for the detection of hazardous gases. With the increasing incidence of industrial accidents, more importance is being given to the continuous monitoring of the concentration of the harmful substances, in industrial environments to avoid any disaster.

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Related imageThe demand for gas sensing devices in industries, such as process and manufacturing is increasing, and expected to grow further, during the forecast period, along with the ongoing industrialization, in the developing countries. The use of wireless gas sensor is one of the remarkable trends in the market, since wireless gas sensors offer installation, performance, and cost benefits over its conventional counterparts.

Based on the type, the global gas sensor market can be broadly classified, as carbon dioxide sensor, oxygen sensor, nitrogen oxide sensor, carbon monoxide sensors, and others. Based on technology, the global gas sensor market can be broadly classified as, semiconductor, electromechanical, solid state, photoionization detector (PID), infrared, catalytic, and others. On the basis of various end users, the global gas sensor market can be broadly classified, as medical, environmental, building automation & domestic appliances, automotive, petrochemical, industrial and others.

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Industrial segment accounted for the largest usage of gas sensors, in 2014.The segment is also expected to retain its dominance, during the forecast period. Government regulations towards occupational health hazards, along with the safety and security of workers, are likely to be the major driving factors of this segment.

Asia Pacific accounted for the largest gas sensors market in 2014, whose dominance is attributed to the industry automation and technological advancement. The increasing demand from integrated handheld products has also encouraged the growth of the gas sensor market. Moreover, numerous government legislations, such as the industrial Safety, Health and Welfare at Work Act, are expected to expand the market, during the forecast period. Stringent emission control standards in Europe are one of the major drivers of the gas sensor market in the region. Japan, China, India, U.S., Canada,  U.K., Germany, Italy, France, Spain, and Brazil, are the major gas sensor markets globally.

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Some of the competitors in the gas sensors market are Aeroqual Ltd., ABB Ltd., Alphanese Dragerwerk AG & Co. KGaA, City Technology Ltd., Figaro Engineering Inc., Dynament Ltd., Membrapor AG, GfG Europe Ltd., Robert Bosch LLC, NGK Insulators Ltd., Nemoto & Co. Ltd., Yokogawa Electric Corporation., Trolex Ltd., Siemens AG, and Trolex Ltd.

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