Gas Sensor Market Size Set for Explosive Growth, Globally at 7.8% CAGR by 2031 | The Insight Partners

The global gas sensor market is set for explosive growth, with projections indicating a surge by 2030. This remarkable expansion, driven by the increasing need for environmental monitoring and stringent government regulations.

NEW YORK, Jan. 17, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, "Gas Sensor Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Gas Type, Technology, End Use, and Geography", the global Gas Sensor gas sensor market is observing significant growth owing to the increasing need for environmental monitoring and stringent government regulations.

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the gas sensor market comprises a vast array of products, type, technology, end-use, and geography which are expected to register strength during the coming years.

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Market Overview and Growth Trajectory:

Gas Sensor Market Growth: The gas sensor market was valued at US$ XX billion in 2024 and is projected to reach US$ XX billion by 2031; it is expected to register a CAGR of 7.8% during 2024–2031.

Technological Innovations: As sensor technology, wireless communication, smart monitoring terminals, cloud storage/computing technology, and artificial intelligence have advanced, smart gas sensors with the advantages of real-time multifunctional monitoring, early warning function, and intelligent and automated features represent the future of gas sensing. Over the past few years, smart gas sensors, particularly wearable and portable have emerged as a very effective and versatile instrument in the field of precise analysis.

Increasing Need for Environmental Monitoring: Air pollution is one of the world's largest health and environmental problems. According to Our World Data, air pollution has contributed to one in ten deaths globally in recent years. According to WHO, air pollution kills an estimated seven million people worldwide every year, and almost all of the global population (99%) breathe air that exceeds WHO guideline limits and contains high levels of pollutants, with low- and middle-income countries suffering from the highest exposures. Due to such alarming air pollution impact, there is a growing awareness about air pollution and its impact on health which has led to higher demand for environmental monitoring. Gas sensors are crucial in detecting hazardous gases in the atmosphere, which is essential for reducing health risks. Gas sensors have been used extensively to measure and monitor trace amounts of environmentally important gases such as carbon monoxide and nitrogen dioxide. Gas sensors are essential tools in environmental monitoring and control. Thus, the increasing need for environmental monitoring drives the gas sensor market growth.

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Stringent Government Regulations: Governments worldwide are enacting stringent air quality and emission regulations, which drive the adoption of gas sensors. In sectors such as automotive, healthcare, and industrial, sensors are needed to meet safety standards and reduce harmful emissions. For instance, the European Union (EU) has enforced rigorous automotive emission standards, such as the Euro 6 standards, which set limits on the amount of pollutants like nitrogen oxides (NOx), carbon monoxide (CO), and particulate matter (PM) that vehicles can emit. These standards require car manufacturers to incorporate advanced gas sensors in their vehicles to monitor and control emissions. Similarly, the U.S. Environmental Protection Agency (EPA) enforces stringent vehicle emission standards under the Clean Air Act, which also drives the use of gas sensors for compliance. As regulatory measures tighten, the adoption of gas sensors is expected to increase in the coming years.

Geographical Insights: Asia Pacific dominated the gas sensor market in 2024 with a share of XX%; it will continue to dominate the market during the forecast period.

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Gas Sensor Market Segmentation, Applications, Geographical Insights:

• On the basis of product, the gas sensor market is segmented into Oxygen (O2)/Lambda Sensors, Carbon Dioxide (CO2) Sensors, Carbon Monoxide (CO) Sensors, Nitrogen Oxide (NOx) Sensors, Methyl Mercaptan Sensor and Others. The Carbon Dioxide (CO2) Sensors segment held the largest share in the gas sensor market in 2024.
• On the basis of type, the gas sensor market is segmented into wireless and wired. The wired segment held the largest share in the gas sensor market in 2024.
• On the basis of technology, the gas sensor market is segmented into electrochemical, semiconductor, solid-state/MOS, photo-ionization detector (PID), catalytic, infrared (IR), and others. The electrochemical segment held the largest share in the gas sensor market in 2024.
• On the basis of end-use, the gas sensor market is segmented into medical, building automation & domestic appliances, environmental, petrochemical, automotive, industrial, agriculture, and others. The industrial segment held the largest share in the gas sensor market in 2024.
• The gas sensor market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

Key Players and Competitive Landscape:

The Gas Sensor Market is characterized by the presence of several major players, including:

• Alphasense
• Amphenol
• Dynament
• Figaro Engineering Inc
• GASTEC Corporation
• Honeywell Analytics
• Membrapor
• MSA
• Nemoto Group

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

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Gas Sensor Market Recent Developments and Innovations:

• " Flyability has announced a new flammable gas sensor for its flagship drone, the Elios 3. This new sensor is a safety tool that provides a real-time warning of combustible gasses when mounted on the Elios 3. This sensor was created in partnership with NevadaNano, a leader in advanced gas detection technology with 20 years of experience. The flammable gas sensor can detect over 14 common combustible gasses with a resolution of 0.1% lower explosive limit (LEL). The sensor is designed to detect both the gas class it is exposed to and the concentration in a confined space, giving greater awareness of the atmospheric condition."
• "CO2Meter, a leading manufacturer of gas detection safety and analytical solutions, announced the release of its Gaslab industrial gas detection safety series designed to monitor a broad range of gas types and concentrations across multiple industries. The Gaslab Fixed Combustible Detector holds both ignition protection and an IP66 class rating to operate in high humidity, explosion, and wash-down conditions. These solutions can operate independently or as part of a larger networked control system, giving users the advanced ability to integrate up to 128 gas sensors seamlessly from one fixed gas detection controller."

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Conclusion:

The global gas sensor market is experiencing significant growth in terms of revenues owing to factors such as various technological advancements, stringent regulations, and the increasing need for environmental and safety monitoring across multiple sectors. Gas sensors are used to detect the presence of gases in different environments and are integral to ensuring safety, health, and environmental protection. As the world shifts toward smarter, safer, and more environmentally conscious solutions, gas sensors will play an increasingly critical role across sectors such as automotive, healthcare, industrial safety, and environmental monitoring.

The report from The Insight Partners, therefore, provides several stakeholders—including manufacturers, raw material providers, regulatory bodies, and end-users —with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

Related Report Titles:

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• Industrial Gas Sensor Market Size and Forecasts (2021 - 2031)
• Oil & Gas Sensors Market Size and Forecasts (2021-2031)
• Infrared Gas Sensor Market Size and Forecasts (2021-2031)

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