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Asia-Pacific Gas Sensors Market - Industry Analysis on Size, Share, Trends, Growth, Forecast Report | 2022 to 2027

Published: March, 2023
ID: 9372
Pages: 120
Formats: report pdf report excel report power bi report ppt

Asia-Pacific Gas Sensors Market Size, Share & Forecast (2021 - 2026)

The size and share of the Asia-Pacific Gas Sensors Market are growing tremendously for a couple of years now. It is estimated that the target market is going to grow and get valued around USD 1.26 billion by 2026, recording a CAGR of 5.97% during the forecast period of 2022 - 2027. Gas sensors, also known as gas detectors, are the electronic devices that can detect and identify various types of gasses. These gas sensors are majorly used for detecting the toxic or explosive gasses and for measuring the concentration gas. Most of the types of gas sensors are integrated into chemi-resistor which can get contact and reacts with respective target gasses.

The gas sensors market in the Asia-Pacific region is held for about 33% of the global gas sensors market at present, which is the largest shareholder in terms of the geographical view of the worldwide market. The growth of the target market in this region is due to the advancements in sensor technologies. In this region, this sensing technology has been widely utilized and explored for the detection of gas. Also, various applications and the inherent limitations regarding gas sensing technologies have resulted in making gas sensors getting equipped with enhanced gas sensor calibration.

Recent Developments

  • MSR-Electronic has released the DGC-06 controller series which is used for monitoring and warning of toxic & combustible gases and vapors as well as in the Freon refrigerant sector of the gas measurement technology. 

  • Yokogawa Corporation, one of the major players in the gas sensors market, has announced that it has acquired APB Corporation which is a pioneer in the development of next-generation lithium-ion battery technology, aiming to grow Yokogawa’s energy management system business.

Drivers & Restraints of Asia-Pacific Gas Sensors Market

The primary factor that is driving the Asia-Pacific Gas Sensors Market is the growing pollution level that is creating health hazards for the common people, coupled with the stringent government rules and policies.

Also, the rising incorporation of gas sensors in automobiles for the safety and comfort of the passengers is the main factor for the growth of the gas sensors market in the automotive industry.

Growing utilization of gas sensors in breath analysis for monitoring the health of patients is also fuelling the growth of the target market in this area.

And the remainder of the smaller concentration of hazardous gases is the primary reason for the increasing opportunities for the growth prospect for APAC gas sensors market in the future.

Market Segmentation of Asia-Pacific Gas Sensors Market

  • Gas Type: Oxygen (O2), Carbon Monoxide (CO), Carbon Dioxide (CO2), Ammonia (NH3), Chlorine (Cl), Hydrogen Sulfide (H2S), Nitrogen Oxide (Nox), Volatile Organic Compounds (VOC), Hydrocarbons (Propane, Butane, etc.), Methane (CH4), and Hydrogen (H2).

  • Technology: Electrochemical Photoionization Detectors (PID), Solid-state or Metal–oxide–semiconductor (MOS), Catalytic, Infrared, Laser, Zirconia, Holographic, and Others

  • Connectivity: Wired and Wireless

  • Application: Water & Wastewater, Medical, Oil & Gas, Automotive & Transportation, Food & Beverages, Metals & Chemicals, Mining, Consumer Electronics, Power Stations, Smart Cities & Building Automation

  • Region: India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC

  • In the regional analysis of the Asia-Pacific Gas Sensors Market, emerging economies like China and India are the significant contributors to the market revenue owing to the increasing industrialization and the government regulation which are strict as well as ensuring the safety. But, Japan is anticipated to be a major contributor to the regional market revenue generation during the forecast period.

The key players of the Asia-Pacific Gas Sensors Market include Abb Ltd., Aeroqual Ltd., Alphanese, City Technology Ltd., Fibaro, Duomo Ltd., Geotechnical Instruments Ltd., DD Scientific, Crowcon, AIDE GmbH, Sensirion, SGX SensorTech, MSA, Nenvitech, Siemens AG, Robert Bosch GmbH, NGK Insulators Ltd., GfG Asia Pacific Ltd., Honeywell International Inc., Dragerwerk AG & Co. KGaA, Dynament Ltd., Tokuyama Corporation, and Nemoto & Co., Ltd.

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