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Pulished Date February, 2020
ID: 8946
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Gas Sensors Market Analysis Report Segmented By Gas Type (Carbon Dioxide (CO2), Carbon Monoxide (CO), Oxygen (O2), Nitrogen Oxides (NOx)), By Applications (Industrial, Building Automation and Domestic Appliances), By Technology (Infrared, Semiconductor) , By Region (North America, Latin America, Asia Pacific and Middle East & Africa) - Global Industry Analysis on Size, Share, Growth, Trends, Demand, Strategy & Forecast | 2020 - 2025

Pulished: February, 2020
ID: 8946
Pages: 135

Global Gas Sensors Market Analysis Report (2020 - 2025)

As per the latest research report, the Global Gas Sensors Market is expected to reach 3.05 billion USD by 2025, which is a significant increase from 2.12 billion USD in 2020 and is expected to progress at a CAGR of 7.5% during the forecast period.

Uses of the Gas Sensors:

The gas sensor is a device that is used to sense gases nearby in terms of a safety system, so that, its equipment is utilized to identify gas emissions and shut down a framework system automatically. The necessity to control and continuous monitoring of the gases used in the various industries and formation & implementation of different health and safety regulations across the globe are the factors that are driving the rapid growth of the gas sensor market.

Recent Developments:

Underwriters Research labs announced its two new smoke alarm and sensors standards in February 2018. The seventh edition of this norm is slated to take effect in May 2020. It focuses on reducing false alarms, often understood as nuisance alarms, and on identifying specific smoke characteristics. New smoke sensors may, therefore, be able to distinguish between toxic smoke from cooking. Essentially, the smoke from non-lethal sources and actual life-threatening smoke.

Market Growth Drivers

The gas sensor is a device that is used for some crucial life-saving components like using them in hospitals and in aircraft to monitor oxygen deficiency of the patients and passengers during critical situations, which is one the reason for the rising demand of gas sensors. Due to the increase in the industrial gas-induced accidents globally, managements of the industries are adopting the gas sensors for minimizing the risk. The manufacturing procedures that are extensive in terms of violent gas usage need gas sensors to sense and control gas usage, thereby boosting the global gas sensor business.

The rise in the demand for semiconductors is also one of the reasons for the expansion of the growth of the gas sensor market. The gas sensor is one of the mother components of semiconductor; therefore, their market will be proportional to the growth of semiconductors' demand.

Major Challenges

However, gas sensors consume a considerable amount of time for the developments, which is one of the main challenges that is letting down the growth of the gas sensor market to some extent.

Growth Opportunities

Gas sensors that are used in the industries are mostly advanced portable and wireless sensing devices that are free of hazards for the human. Developing new technology in these categories can be an excellent opportunity for new players in the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2025

Base Year

2019

Forecast Period

2020 - 2025

CAGR

7.5%

Segments Covered

By Technology, Application, Gas Type, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Alpha Sense, Dynament Ltd., Membrapor AG, Ltd., ABB Ltd., and GfG Europe Ltd. Some other key Players of Market include City Technology Ltd., Figaro Engineering, Nemoto & Co., Robert Bosch LLC., Siemens AG.

 

Gas Sensors Market

This research report includes the segmentation & sub-segmentation of the Gas Sensors Market & evaluated size and forecast for each segment until 2025.

Gas Sensors Market: By Gas Type

  • Carbon Dioxide (CO2)
  • Carbon Monoxide (CO)
  • Oxygen (O2)
  • Nitrogen Oxides (NOx)

In the gas type segmentation, oxygen is projected to grow in a significant way in the forecast period due to its applications in various fields like automotive, food & beverage, smart cities & building automation. Also, some of the crucial fields that are likely to save lives such as health, defense and aircraft are boosting the gas sensor market in the oxygen gas type segment. 

Gas Sensors Market: By Application

  • Industrial
  • Building Automation
  • Domestic Appliances

From the segmentation of application, smart cities & building automation is going to be one of the decisive sectors for the global gas sensor market. Due to the increase in pollution level because of urbanization and the poor indoor air quality, gas sensors will be having a high demand in the future.

Gas Sensors Market: By Technology

  • Infrared
  • Semiconductor

Gas Sensors Market: By Region

The Gas Sensors Market Report includes the Region analysis along with their respective Countries.

  • North America Gas Sensors Market includes U.S, Canada

  • Europe Gas Sensors Market includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe

  • Asia Pacific Gas Sensors Market includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC

  • Latin America Gas Sensors Market includes Brazil, Mexico, Argentina, Chile & Rest of LATAM

  • Middle East & Africa Gas Sensors Market includes KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA

In 2018, Europe ruled the international market because of the increased IT investments and technological advancements in sensors technology in the region. Demand for devices that can be incorporated into smartphones has allowed these technological advancements. The industry is expected to grow further, given the increasing need to ensure safety at work. In addition, laws in developed economies, such as Europe, enforce the use of these sensing instruments in potentially hazardous conditions, which will lead to market growth.

The key players of Gas Sensors market profiled in the report include Alpha Sense, Dynament Ltd., Membrapor AG, Ltd., ABB Ltd., and GfG Europe Ltd. Some other key Players of Market include City Technology Ltd., Figaro Engineering, Nemoto & Co., Robert Bosch LLC., Siemens AG.

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1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Gas Type               

                                5.1.1 Introduction           

                                5.1.2 Carbon Dioxide (CO2)         

                                5.1.3 Carbon Monoxide (CO)     

                                5.1.4 Oxygen (O2)           

                                5.1.5 Nitrogen Oxides (NOx)      

                                5.1.6 Hydrogen Sulphide              

                                5.1.7 Other Gases           

                                5.1.8 Y-o-Y Growth Analysis        

                                5.1.9 Market Attractiveness Analysis      

                                5.1.10 Market Share Analysis     

                5.2 By End- Use                

                                5.2.1 Introduction           

                                5.2.2 Industrial 

                                5.2.3 Domestic Appliance            

                                5.2.4 Building Automation          

                                5.2.5 Y-o-Y Growth Analysis        

                                5.2.6 Market Attractiveness Analysis      

                                5.2.7 Market Share Analysis        

                5.3 By Technology                          

                                5.3.1 Introduction           

                                5.3.2 Infrared   

                                5.3.3 Semiconductor     

                                5.3.4 Y-o-Y Growth Analysis        

                                5.3.5 Market Attractiveness Analysis      

                                5.3.6 Market Share Analysis        

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By End-Industry

                                                6.1.3.3 By Gas Type

                                                6.1.3.4 By Technology

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By End-Industry

                                                6.1.4.3 By Gas Type

                                                6.1.4.4 By Technology

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By End-Industry

                                                6.1.5.3 By Gas Type

                                                6.1.5.4 By Technology

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy           

                                6.2.6 France      

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia  

                                6.3.6 South Korea           

                6.5 Latin America                            

                                6.4.1 Introduction           

                                6.4.2 Brazil         

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America         

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa        

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8. Market Leader Analysis                                           

                8.1 Alpha Sense               

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Dynament Ltd                           

                8.3 Membrapor AG, Ltd                

                8.4 ABB Ltd.                       

                8.5 GfG Europe Ltd                         

                8.6 City Technology Ltd                 

                8.7 Figaro Engineering                  

                8.8 Nemoto & Co.                           

                8.9 Robert Bosch LLC.                    

                8.10 Siemens AG                             

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10. Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of By Technology, By Type, By Application, and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  • Global Gas Sensors Market By Region, From 2020 - 2025 ( USD Billion )                                                     
  • Global Gas Sensors Market By Gas Type, From 2020 - 2025 ( USD Billion )                                                 
  • Global Carbon Dioxide (CO2) Market By Region, From 2020 - 2025 ( USD Billion )                                                  
  • Global Carbon Monoxide (CO) Market By Region, From 2020 - 2025 ( USD Billion )                                               
  • Global Oxygen (O2) Market By Region, From 2020 - 2025 ( USD Billion )                                                    
  • Global Nitrogen Oxides(NOX) Market By Region, From 2020 - 2025 ( USD Billion )                                                                 
  • Global Gas Sensors Market By Technology, From 2020 - 2025 ( USD Billion )                                                            
  • Global Infrared Market By Region, From 2020 - 2025 ( USD Billion )                                                             
  • Global Semi-Conductor Market By Region, From 2020 - 2025 ( USD Billion )                                                                                             
  • Global Gas Sensors Market By Applications, From 2020 - 2025 ( USD Billion )                                                          
  • Global Industrial Market By Region, From 2020 - 2025 ( USD Billion )                                                          
  • Global Building Automation Market By Region, From 2020 - 2025 ( USD Billion )                                                    
  • Global Domestic Appliance Market By Region, From 2020 - 2025 ( USD Billion )                                                   

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