Gas Sensor Market by Gas Type, Technology, Output Type, Product Type, Application and Region - Global Forecast to 2027

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Oct 25, 2022, 10:45 ET

DUBLIN, Oct. 25, 2022 /PRNewswire/ -- The "Global Gas Sensor Market by Gas Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Technology, Output Type, Product Type, Application and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The gas sensor market is projected to grow from USD 1.4 Billion in 2022 to USD 2.1 Billion by 2027; it is expected to grow at a CAGR of 8.9% during the forecast period.

Increasing demand for miniaturized wireless gas sensors will propel the growth opportunities for gas sensor market. Increasing integration of gas sensors in HVAC systems and air quality monitors will boost the adoption of gas sensors. Intense pricing pressure resulting in decline in average selling prices and complexities involved while developing industry specific gas sensors will restrain the market growth.

Market for Solid-State/Metal-Oxide-Semiconductor Technology to grow at higher CAGR during forecast period

Metal oxide semiconductors provide sensors with several advantages, such as low cost and high sensitivity. MOS technology is largely used in the healthcare sector. MOS sensors are also used to detect gases such as hydrocarbons and carbon monoxide in the environment.

Further, increasing product developments by top market players are driving the market growth. For instance, SGX SENSORTECH (Switzerland) patented MOS technology utilizing state-of-the-art MEMS (micro-electromechanical systems) technology, combining a specialized nano-particle sensing layer with a patented poly-silicon heater.

Market for Volatile Organic Compound Technology to grow at highest CAGR during the forecast period

The VOC sensor directly measures ambient concentrations of a broad range of "reducing gases" associated with bad air quality like alcohols, aldehydes, ketones, organic acids, amines, organic chloramines, and aliphatic and aromatic hydrocarbons. VOCs are commonly present in manufacturing dyes, plastics, detergents, solvents, paints, synthetic rubber, and pharmaceuticals. VOC sensors are used to monitor indoor air quality and urban air quality. Figaro Engineering (Japan), Alphasense Ltd. (UK), Sensirion AG (Switzerland), ams AG (Austria), and Senseair AB (Sweden) are major players that offer VOC sensors.

Asia Pacific to create highest growth opportunities for gas sensor market among other region during the forecast period

The countries of Asia Pacific are witnessing increased demand for gas sensors, and this demand is expected to grow at a significant rate during the forecast period as well. Moreover, the rise in the number of smart city projects in countries such as India and China is also leading to increased demand for gas sensors from these countries. Gas sensors are used in several industries such as automotive, oil & gas, chemical, consumer electronics, etc. the region.

Among all these, the adoption of gas sensors is projected to be the highest in the consumer electronics industry. Increasing urbanization and income levels and ongoing construction activities for the development of residential and commercial infrastructure in Asia Pacific are expected to lead to demand for HVAC systems equipped with gas sensors in the region, thereby fuelling the growth of the gas sensor market growth in the region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Players in Gas Sensor Market
4.2 Gas Sensor Market, by Output Type
4.3 Gas Sensor Market, by Technology
4.4 Gas Sensor Market in Asia-Pacific, by Application and Country
4.5 Gas Sensor Market, by Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Demand for Gas Sensors in Critical Industries
5.2.1.2 Formulation and Implementation of Various Health and Safety Regulations Globally
5.2.1.3 Increasing Integration of Gas Sensors in HVAC Systems and Air Quality Monitors
5.2.1.4 Growing Air Pollution Levels and Need for Air Quality Monitoring in Smart Cities
5.2.1.5 Surging Demand for Gas Sensors in Healthcare Industry During COVID-19 Pandemic
5.2.2 Restraints
5.2.2.1 Intense Pricing Pressure Resulting in Decline in Average Selling Prices
5.2.2.2 Complexities Involved while Developing Industry-Specific Gas Sensors
5.2.3 Opportunities
5.2.3.1 Rising Deployment of Iot, Cloud Computing, and Big Data in Gas Sensors
5.2.3.2 Growing Adoption of Gas Sensors in Consumer Electronics
5.2.3.3 Increasing Demand for Miniaturized Wireless Gas Sensors
5.2.4 Challenges
5.2.4.1 Technical Issues Such as High Energy Consumption
5.3 Value Chain Analysis
5.4 Gas Sensor Ecosystem
5.5 Pricing Analysis: Average Selling Price Trends
5.6 Trends/Disruptions Impacting Customers' Businesses
5.7 Technology Trends
5.8 Porter's Five Forces Analysis
5.9 Key Stakeholders and Buying Criteria
5.9.1 Key Stakeholders in Buying Process
5.9.2 Buying Criteria
5.10 Case Study Analysis
5.10.1 Ion Science Partners with Blackline Safety
5.10.2 Co2Meter Inc Uses Gas Sensing Solutions' Sensors as Co2 Alarms
5.10.3 Storage Control Systems Ltd. Develops Portable Gas Analyzer Using Gas Sensing Solutions' Sprintir Co2 Sensor
5.10.4 an Innovative Gas Sensor Network Monitors Various Gases Such as Co2 and Co Using Alphasense's So2 Sensors in Hawaii
5.11 Trade Analysis
5.12 Patent Analysis
5.13 Key Conferences and Events, 2022-2023
5.14 Tariffs and Regulatory Landscape
5.15 Government Regulations and Standards

6 Gas Sensor Market, by Product
6.1 Introduction
6.2 Gas Analyzers & Monitors
6.2.1 to Play Vital Role in Increasing Safety Levels at Workplaces
6.3 Gas Detectors
6.3.1 to Hold Largest Market Share in 2022
6.4 Air Quality Monitors
6.4.1 Growing Awareness Regarding Air Quality Monitoring
6.5 Air Purifiers/Air Cleaners
6.5.1 Surging Use of Air Purifiers to Detect Voc Pollutants
6.6 HVAC Systems
6.6.1 Increasing Demand for HVAC Systems
6.7 Medical Equipment
6.7.1 Rising Demand for Ventilators During COVID-19 Pandemic
6.8 Consumer Devices
6.8.1 Surging Adoption of Wearable Devices

7 Gas Sensor Market, by Technology
7.1 Introduction
7.2 Electrochemical
7.2.1 Growing Adoption due to Its Ability to be Used in Low-Concentration Gas Ranges
7.3 Photoionization Detectors
7.3.1 Widely Used in Gas Chromatography
7.4 Solid-State/Metal-Oxide-Semiconductor
7.4.1 Lightweight and Offers High Sensitivity and Fast Response Time
7.5 Catalytic
7.5.1 Surging Adoption of Ammonia and Methane Gas Sensors
7.6 Infrared
7.6.1 Rising Use in Industrial, HVAC, and Iqm Applications
7.7 Laser
7.7.1 Enables Long-Range Detection of Gases
7.8 Zirconia
7.8.1 Mainly Used in Oxygen Gas Sensors
7.9 Holographic
7.9.1 Used for Gas Detection to Measure Reflection Properties
7.10 Others

8 Gas Sensor Market, by Connectivity
8.1 Introduction
8.2 Wired Gas Sensors
8.2.1 High Adoption of Wired Sensors in Industrial Applications
8.3 Wireless Gas Sensors
8.3.1 Growing Use of Portable and Consumer Devices

9 Gas Sensor Market, by Output Type
9.1 Introduction
9.2 Analog
9.2.1 Increasing Demand for Analog Gas Sensors to Analyze Variations in Current Measurements
9.3 Digital
9.3.1 Digital Output Segment to Witness Higher CAGR During Forecast Period

10 Gas Sensor Market, by Type
10.1 Introduction
10.2 Oxygen
10.2.1 Growing Need for Oxygen Sensors for Medical Equipment and Wearable Devices
10.3 Carbon Monoxide
10.3.1 Hazardous Effects of Co on Health Lead to Increasing Number of Government Regulations for Monitoring Co Levels
10.4 Carbon Dioxide
10.4.1 Increasing Level of Greenhouse Gas Emissions
10.5 Ammonia
10.5.1 Rising Usage of Ammonia Sensors in Smart Cities & Industrial Applications
10.6 Chlorine
10.6.1 Surging Demand for Chlorine Detectors in Water & Wastewater Treatment Applications
10.7 Hydrogen Sulfide
10.7.1 Increased Applications in Oil & Gas Industry, Smart Cities, and Water & Wastewater Treatment
10.8 Nitrogen Oxide
10.8.1 Surging Need to Detect Toxic Nitrogen Solutions in Outdoor Air
10.9 Volatile Organic Compounds
10.9.1 Rising Usage in Plastic and Paint Industry
10.1 Methane
10.10.1 Growing Need for High-Performance and Portable Gas Sensors to Detect Toxic Gases in Mines
10.11 Hydrocarbons
10.11.1 Increasing Use of Hydrocarbon Gas Sensors to Detect Highly Combustible Gases
10.12 Hydrogen
10.12.1 Surging Demand for Hydrogen Sensors in Industrial Applications

11 Gas Sensor Market, by Application
11.1 Introduction
11.2 Automotive & Transportation
11.2.1 Declining Global Demand for Automobiles due to COVID-19 to Impact Growth
11.3 Smart Cities & Building Automation
11.3.1 Rising Adoption of Gas Sensors in Air Quality Monitors
11.4 Oil & Gas Industry
11.4.1 Surging Need to Monitor Flammable and Toxic Gases in Oil and Gas Refineries
11.5 Water & Wastewater Treatment
11.5.1 Strict Government Regulations to Boost Adoption of Toxic Gas Monitors in Wastewater Treatment
11.6 Food & Beverage Industry
11.6.1 Growing Requirement for Monitoring Co2, Voc, and Ch4 in Food Processing and Storage Applications
11.7 Power Stations
11.7.1 Increasing Need for Continuous Monitoring of Toxic and Combustible Gases in Power Plants
11.8 Medical Industry
11.8.1 Surging Adoption of O2 and Co2 Sensors in Medical Industry due to COVID-19 Pandemic
11.9 Metal & Chemical Industry
11.9.1 Increasing Regulations to Reduce Harmful Gas Emissions
11.1 Mining Industry
11.10.1 Rising Need for High-Performance and Portable Gas Sensors to Detect Toxic Gases in Mines
11.11 Consumer Electronics Industry
11.11.1 Growing Integration of Gas Sensors into Consumer Devices Such as Smartphones and Wearables

12 Gas Sensor Market, by Region

13 Competitive Landscape
13.1 Introduction
13.2 Key Player Strategies/Right to Win
13.2.1 Product Portfolio
13.2.2 Regional Focus
13.2.3 Manufacturing Footprint
13.2.4 Organic/Inorganic Growth Strategies
13.3 Market Share Analysis, 2021
13.4 Revenue Analysis of Top Players in Gas Sensor Market
13.5 Company Evaluation Quadrant
13.5.1 Stars
13.5.2 Pervasive Players
13.5.3 Emerging Leaders
13.5.4 Participants
13.6 Startup/Sme Evaluation Quadrant
13.6.1 Progressive Companies
13.6.2 Responsive Companies
13.6.3 Dynamic Companies
13.6.4 Starting Blocks
13.7 Company Product Footprint
13.8 Competitive Situation and Trends
13.8.1 Product Launches & Developments
13.8.2 Deals
13.8.3 Others

14 Company Profiles
14.1 Key Players
14.1.1 Honeywell Analytics
14.1.2 Msa Safety Incorporated
14.1.3 Amphenol Corporation
14.1.4 Figaro Engineering Inc.
14.1.5 Alphasense
14.1.6 Sensirion Ag
14.1.7 Dynament Ltd.
14.1.8 Ams-Osram Ag
14.1.9 Membrapor Ag
14.1.10 Senseair Ab (Asahi Kasei Microdevices)
14.2 Other Companies
14.2.1 Ngk-Ntk
14.2.2 Nissha Co., Ltd.
14.2.3 Fuji Electric
14.2.4 Renesas Electronics Corporation (Renesas)
14.2.5 Breeze Technologies
14.2.6 Elichens
14.2.7 Bosch Sensortec GmbH
14.2.8 Danfoss
14.2.9 Edinburgh Sensors
14.2.10 Gastec Corporation
14.2.11 Nemoto Sensor Engineering Company Limited
14.2.12 Spec Sensors
14.2.13 Mipex Technology
14.2.14 Microsens Sa
14.2.15 Cubic Sensor and Instrument Co., Ltd.