1. Gas Sensors Market Share, Size, Analysis, Regional Outlook,
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Gas Sensors Market Share, Size, Analysis, Regional Outlook,
Growth, Trends and Forecasts to 2024 | Hexa Research “
The global gas sensors market is anticipated to
grow beyond USD 2,513 million by 2024 growing at a
CAGR of over 6 % over the forecast period (from 2016
to 2024)”
The global Gas Sensors Market is anticipated to grow beyond USD 2,513 million by growing at a CAGR
of over 6 % over the forecast period (from to 2024). Various technological innovations, mainly due to
the improved manufacturing methods and embedded electronics are projected to augment the growth of the
global market. In addition, the rising demands from various end-use industries are also estimated to
positively impact the global industry. The global market is categorized as products, technology, end -uses, and
regions.
The product sector comprises Nitrogen Oxides (NOx), Oxygen (O), Carbon Monoxide (CO), and Carbon Dioxide
(CO ). The oxygen sensor sector occupied over 10 % of the total market revenue in It is further 2
projected to grow rapidly over the next few years. However, the NOx sensor sector is anticipated to become
the fastest-growing segment with a CAGR of over 7 % over the estimated years. The CO sensor sector has 2
also been experiencing increased demands from the bulk food storage segment. However, the high costs of
these CO sensing products are likely to hamper the sector growth in near future. 2
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The technology sector includes electrochemical, infrared, semiconductor, solid state, catalytic, and
Photoionization Detector (PID). The electrochemical sector is anticipated to dominate the global gas sensors
market during the forecast period. The infrared technology sector is estimated to grow at the maximum
CAGR of over 6 % during the forecast period.
The end-use segment involves industrial, environmental, petrochemical, building automation & domestic
appliances, automotive, and medical. The industrial sector was the biggest end-use sector in 2015 and is
projected to maintain its dominance even during the estimated years. The medical sector is also said to be
one of the high growth avenues. It is likely to grow more rapidly than the global average, with a CAGR of over 6
% over the forecast period.
Geographically, Asia-Pacific was the largest regional gas sensors market in and held over 27 % of the
global revenue. The region is further said to be the fastest-growing regional market with a CAGR of over 7 %
from to The Europe region is also estimated to witness a rapid growth in the near future.
Some of the major players in the gas sensors market include Membrapor AG; City Technolo gy Ltd.;
AlphaSense Inc.; Dynament Ltd.; and Figaro Engineering Inc.
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Table of Content of Gas Sensors Market
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.1.1
1.1.2
1.1.3
Initial data exploration
Statistical modeling and forecast
Industry insights and validation
1.3
List of Data Sources
Chapter 2 Executive Summary
2.1 Gas sensors market snapshot
Chapter 3 Industry Insights
3.1
3.2
3.3
3.4
Market segmentation
Market size and growth prospects
Value chain analysis
Market dynamics
3.4.1
3.4.2
Growth drivers
Industry pitfalls & challenges
3.5
3.6
3.7
3.8
Key growth opportunities
Porter’s analysis
Company market share analysis, 2016
PESTEL analysis
Chapter 4 Gas Sensors Product Insights
4.1
4.2
Gas sensors market share by product, & 2024
Oxygen (O2)/Lambda Sensors
4.2.1
4.2.2
Market estimates and forecast,
Market estimates and forecast, by region,
4.3
Carbon Dioxide (CO2) Sensors
4.3.1
4.3.2
Market estimates and forecast,
Market estimates and forecast, by region,
4.4
Carbon Monoxide (CO) Sensors
4.4.1
4.4.2
Market estimates and forecast,
Market estimates and forecast, by region,
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4.5
NOx Sensors
4.5.1
4.5.2
Market estimates and forecast,
Market estimates and forecast, by region,
4.6
Others
4.6.1
4.6.2
Market estimates and forecast,
Market estimates and forecast, by region,
Chapter 5 Gas Sensors Technology Insights
5.1
5.2
Gas sensors market share by technology, & 2024
Electrochemical
5.2.1
5.2.2
Market estimates and forecast,
Market estimates and forecast, by region,
5.3
Semiconductor
5.3.1
5.3.2
Market estimates and forecast,
Market estimates and forecast, by region,
5.4
Solid State
5.4.1
5.4.2
Market estimates and forecast,
Market estimates and forecast, by region,
5.5
PID (Photoionization Detection)
5.5.1
5.5.2
Market estimates and forecast,
Market estimates and forecast, by region,
5.6
Catalytic
5.6.1
5.6.2
Market estimates and forecast,
Market estimates and forecast, by region,
5.7
Infrared
5.7.1
5.7.2
Market estimates and forecast,
Market estimates and forecast, by region,
5.8
Others
5.8.1
5.8.2
Market estimates and forecast,
Market estimates and forecast, by region,
Chapter 6 Gas Sensors End-Use Industry Insights
6.1
6.2
Gas sensors market share by end-use industry, & 2024
Medical
6.2.1
6.2.2
Market estimates and forecast,
Market estimates and forecast, by region,
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6.3
Building Automation & Domestic Appliances
6.3.1
6.3.2
Market estimates and forecast,
Market estimates and forecast, by region,
6.4
Environmental
6.4.1
6.4.2
Market estimates and forecast,
Market estimates and forecast, by region,
6.5
Petrochemical
6.5.1
6.5.2
Market estimates and forecast,
Market estimates and forecast, by region,
6.6
Automotive
6.6.1
6.6.2
Market estimates and forecast,
Market estimates and forecast, by region,
6.7
Industrial
6.7.1
6.7.2
Market estimates and forecast,
Market estimates and forecast, by region,
6.8
Others
6.8.1
6.8.2
Market estimates and forecast,
Market estimates and forecast, by region,
Chapter 7 Gas Sensors Regional Insights
7.1
7.2
Gas sensors market share by region, & 2024
North America
7.2.1
7.2.2
7.2.3
North America gas sensors market by product,
North America gas sensors market by technology,
North America gas sensors market, by end-use industry,
7.3
Europe
7.3.1
7.3.2
7.3.3
Europe gas sensors market by product,
Europe gas sensors market by technology,
Europe gas sensors market, by end-use industry,
7.4
Asia Pacific
7.4.1
7.4.2
7.4.3
Asia Pacific gas sensors market by product,
Asia Pacific gas sensors market by technology,
Asia Pacific gas sensors market, by end-use industry,
7.5
Latin America
7.5.1
7.5.2
Latin America gas sensors market by product,
Latin America gas sensors market by technology,
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7.5.3
Latin America gas sensors market, by end-use industry,
7.6
MEA
7.6.1
7.6.2
7.6.3
MEA gas sensors market by product,
MEA gas sensors market by technology,
MEA gas sensors market, by end-use industry,
Chapter 8 Competitive Insights
8.1
8.2
8.3
8.4
8.5
8.6
8.7
8.8
8.9
ABB Ltd.
Aeroqual Ltd.
Alphasense
City Technology Ltd.
Dragerwerk AG & Co. KGaA
Dynament Ltd.
Figaro Engineering
GfG Europe Ltd
Membrapor AG
8.10
8.11
8.12
8.13
8.14
8.15
Nemoto & Co. Ltd.
NGK Insulators Ltd
Robert Bosch LLC
Siemens AG
Trolex Ltd.
Yokogawa Electric Corporation
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