North America Gas Sensors Market

North America Gas Sensors Market Size, Trends & Forecast (2021 - 2026)

The insights of the North America Gas Sensors Market is anticipated to grow in a remarkable way during the forecast period. It is estimated the target market is going to get valued around USD 1.23 billion by 2026, recording a CAGR of 5.07% throughout 2022 - 2027.

Gas sensors or gas detectors help to track and identify various types of gasses. These gas sensors are majorly used for recognizing the toxic or explosive gasses and for estimating the concentration gas. Most of the types of gas sensors are integrated into chemi-resistor that can get contact and reacts with respective target gasses.

The growth of the gas sensors market in this region is attributed to the need for insurance of safety in workplaces, over the forecast period. Advancements in the smart gas sensors technologies owing to the proliferation of handheld devices are significantly widening their application scope throughout various fields. Also, the regulations in developed nations of North America are mandating the usage of these gas sensors in potentially hazardous environments which are resulting in the expansion of the target market in this region.

Recent Developments

• 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.

• Robert Bosch GmbH, a corporate venture capital company of the Bosch Group, has invested in the Beijing-based firm, UISEEE which is a provider of turnkey solutions for automated driving.

Drivers & Restraints of North America Gas Sensors Market

The advancements of wireless capabilities and the miniaturization coupled with advanced communication capabilities, which are enabling their integration into various devices and uncompromising machines in the detection of toxic or flammable gases at safe distances are the significant factors that are driving the North America Gas Sensors Market.

Also, factors like the rising usage of gas sensors in breath analysis machines for checking the health of patients and regulatory initiatives for boosting the occupational health & safety are estimated to drive the target market over the forecast period.

And the adoption of these gas sensors in the automotive industry for the comfort and safety of passengers is primarily responsible for the growth of the automotive gas sensors market in North America.

Market Segmentation of North America Gas Sensors Market until 2025.

• 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: US, Canada & Rest of North America  

In the regional analysis of the North America Gas Sensors Market, the US region's market has acquired a significant share in terms of revenue. The growth of the gas sensors market in the US owes to the regulations by their government which is mandating the usage of these gas sensors in potentially hazardous environments.

The key players of the North America Gas Sensors Market include ABB Ltd., Aeroqual Ltd., Alphanese, City Technology Ltd., Dragerwerk Ag & Co. Kgaa, Dynament Ltd, Figaro Engineering Inc., Gfg Europe Ltd, Membrapor Ag, Nemoto & Co., Ltd, Ngk Insulators Ltd., Robert Bosch, Llc., Siemens A, Trolex Ltd, and Yokogawa Electric Corporation.