San Francisco, 30 January 2019: The
Report Gas Sensor Market Size, Share & Trends Analysis By Product, By Technology,
By End Use (Medical, Environmental, Petrochemical, Automotive, Industrial,
Agriculture, Others), By Region, And Segment Forecasts, 2018 - 2025
The global gas sensor market is anticipated to reach USD 3,436.2 million by 2025,
according to a new report by Grand View Research, Inc. Factors such as
increased demand for smart & wireless gas sensors and regulatory
initiatives in developed markets of North America and Europe have propelled the
adoption of gas sensors.
A gas sensor is a device that detects the
presence of gases in a particular area and is often integrated into a safety
system. These gas sensors consume low power and can be integrated into portable
handheld devices, which further creates opportunities for market
growth.Technological developments, such as enhancement of MEMS sensors, and
need for hydrogen detection on account of its use as a fuel are also expected
to contribute to industry growth.
The introduction of embedded electronics,
coupled with sophisticated firmware and improved manufacturing techniques, has
enabled developments in gas detection technologies. Numerous sensors are used
to monitor emission levels and air quality in the automotive industry.
Moreover, the accelerated use of wireless sensor technologies and
semiconductor-based sensors is expected to further drive market growth.
The infrared technology segment is
anticipated to witness substantial growth as it enables the measurement of a
wide variety of gases including methane, carbon dioxide, and Volatile Organic
Compounds (VOC) such as acetylene, benzene, and butane. Moreover,the increased
adoption of gas sensors can be attributed to the high need for safety in the
industrial sector. This is further creating opportunities for market growth.
Access Research Report of Gas Sensor
Market@ www.grandviewresearch.com/industry-analysis/gas-sensors-market
Further key findings from the report suggest:
· The demand for gas sensors has increased
over the years owing to their reliability in performance, real-time monitoring,
and cost effectiveness.
· The U.S. government is investing
considerable amount of monetary and non-monetary resources to encourage the
adoption of gas sensors across various sectors and carry out initiatives such
as smart cities.
· Stringent safety regulations to protect
workers from hazardous gases in industries are boosting the market growth.
· Various end users are adopting
electrochemical sensors in Europe owing to features such as indoor air quality,
emission control, landfill gas detection, and others.
· Key players in the market include ABB Ltd.,
Robert Bosch LLC, and Nemoto & Co. Ltd., among others.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/sensors-and-controls
Grand View Research has segmented the
market based on product, technology, end use, and region:
Product Outlook (Revenue, USD Million; 2014
- 2025)
·
Oxygen/Lambda Sensors
·
Carbon Dioxide Sensors
·
Carbon Monoxide Sensors
·
NOx Sensors
·
Methyl Mercaptan Sensor
·
Others
Technology Outlook (Revenue, USD Million;
2014 - 2025)
·
Electrochemical
·
Semiconductor
·
Solid State/MOS
·
PID
·
Catalytic
·
Infrared (IR)
·
Others
End-use Outlook (Revenue, USD Million; 2014
- 2025)
·
Medical
·
Building Automation & Domestic
Appliances
·
Environmental
·
Petrochemical
·
Automotive
·
Industrial
·
Agriculture
·
Others
Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
South America
·
Middle East & Africa
Access Press Release of
Gas Sensor Market@ www.grandviewresearch.com/press-release/global-gas-sensors-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business decisions,
we offer market intelligence studies ensuring relevant and fact-based research
across a range of industries, from technology to chemicals, materials and
healthcare.
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