The global gas sensors market size was USD 1.30 Billion in 2021 and is expected to register a revenue CAGR of 8.81% during the forecast period, according to the latest analysis by Emergen Research. The rising need for safety and health monitoring in both households and offices are major factors projected to support market revenue growth between 2021 and 2030. Homes must have Carbon Monoxide (CO) monitors as they are used to monitor emissions from gas-fired boilers, domestic coal/log fires, and wood burners. CO detectors are also used to detect fires in residential and commercial settings, including biomass milling activities and storage silos, and also control ventilation in indoor parking garages. Gas appliances employ leak detectors for both natural and LPG gas. Cold stores, supermarkets, businesses, industries, and transportation facilities are just a few of the places where refrigerant leaks from air conditioners and refrigeration systems can be found.
The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Gas Sensors market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Amphenol Corporation, Honeywell International Inc., Dynament Ltd., Senseair - An Asahi Kasei Group Company, Membrapor, Alphasense, ABB, Nemoto Co., Ltd., GfG Gas Detection UK Ltd., Robert Bosch LLC, Teledyne FLIR LLC
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Emergen Research has segmented the global Gas Sensors market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Portable
- Fixed
Gas Type Outlook (Revenue, USD Billion; 2019–2030)
- Volatile Organic Compounds (VOC)
- Nitrogen Oxide (NOx)
- Carbon Monoxide (CO)
- Hydrogen Sulfide (H2S)
- Sulfur Dioxide (SO2)
- Methane (CH4)
- Ammonia (NH3)
- Oxygen
- Others
Product Outlook (Revenue, USD Billion; 2019–2030)
- Gas Detectors
- MEMS Pellistors
- Air Cleaners
- Consumer Devices
- Metal Oxide
- Optical gas Sensor
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Gas Sensors Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Gas Sensors Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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