Gas Sensors Market
The market is expected to reach a value of USD 2.56 billion by 2020, at a CAGR of 5.56% over the period 2014 to 2020. The proliferation of handheld devices has led to developments in the field of smart gas sensors, which has considerably widened their scope of application. Need for ensuring safety in workplaces is expected to be the key driving force for the market over the next six years. Regulations in developed markets of North America and Europe mandate the use of these sensors in potentially hazardous environments. The growing trend of incorporating gas sensors in automobiles for comfort and safety of passengers is a major reason for the growth of the gas sensors market in automotive applications.
Increasing use of gas sensors in breath analysis to check the health of patients is also driving the demand for gas sensors. The major trend driving the global gas sensor market is the development of wireless capabilities and miniaturization, coupled with improved communication capabilities that enable their integration into various devices and machines, without compromising the detection of toxic or flammable gases at safe distances. Asia-Pacific is one of the fastest growing regions for the gas sensor market, and is projected to be the market leader in the forecasted period. Countries like China, U.S. and Germany are the major markets for gas sensors.
However, operational issues are affecting consumer adoption in emerging markets. The evolving nature of the market is leading to rapid changes and over-crowding of sensors for major gases like carbon dioxide and carbon monoxide. The lack of regulation in Asian markets like China is also expected to impede growth. Rising costs are also an issue in an ever-changing market characterized by innovations and low product differentiation.
The global gas sensors market is segmented on the basis of type (Oxygen Sensors, Carbon Dioxide Sensors, Carbon Monoxide Sensors, NOx Sensors, and Others), technology (Electrochemical Sensors, Semiconductor Sensors, Solid State/MOS, PID, Catalytic, and IR) industry (Medical, Building Automation, Environmental, Petrochemical, Automotive, Industrial, and Others), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America).
ABB LTD, Aeroqual Ltd., Alphasense, City Technologies, Dragerwerk AG & Co, Dynament Ltd., Figaro Engineering, Gfg Europe Ltd, Membrapor AG, Ngk Insulators Ltd., Nemoto & Co. Ltd, Robert Bosch, Llc, Siemens AG, Trolex Ltd And Yokogawa Electric Corporation are the key players in this market that are mentioned in the report.
What Gas Sensors Market report offers
- Market Definition for Gas Sensors along with identification of key drivers and restraints for the market.
- Market analysis for the Gas Sensors Market, with region specific assessments and competition analysis on a global and regional scale.
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on Global and a regional scale.
- Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
- Identification and analysis of the Macro and Micro factors that affect the Gas sensors market on both global and regional scale.
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
1. Introduction
1.1 Key Study Deliverables
1.2 Study Assumptions
1.3 Market Definition
2. Research Methodology
3. Executive Summary
4. Gas Sensors Market Dynamics
4.1 Gas Sensors Market Overview
4.2 Gas Sensors Market Drivers
4.2.1 INCREASED DEMAND FOR GAS SENSORS IN AUTOMOBILES FOR COMPLIANCE WITH GOVERNMENTAL REGULATIONS
4.2.2 GROWING AWARENESS ON OCCUPATIONAL HAZARDS ACROSS MAJOR INDUSTRIES
4.2.3 Rising Demand for Safety Systems in the Oil and Gas Industry
4.3 Gas Sensors Market Restraints
4.3.1 TECHNICAL (OPERATIONAL) ISSUES IMPEDING NEW CUSTOMER ADOPTION
4.3.2 RISING COSTS AND LACK OF PRODUCT DIFFERENTIATION
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness – Porter’s Five Forces
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products or Services
4.5.5 Competitive Rivalry among Existing Competitors
5. Global Gas Sensors Market Segmentation - By Type
5.1 Wired
5.2 Wireless
6. Global Gas Sensors Market Segmentation - By Gas Type
6.1 Oxygen
6.2 Carbon Monoxide (CO)
6.3 Carbon Dioxide(CO2)
6.4 Nitrogen Oxide
6.5 Hydrocarbon
6.6 Others (Ammonia, Methane)
7. Global Gas Sensors Market Segmentation - By Technology
7.1 Electrochemical
7.2 Photoionization Detectors (PID)
7.3 Solid State/Metal-Oxide-Semiconductor
7.4 Catalytic
7.5 Infrared
7.6 Semiconductor
8. Global Gas Sensors Market Segmentation - By Application
8.1 Medical
8.2 Consumer Electronics
8.3 Building Automation
8.4 Industrial
8.5 Environmental
8.6 Food & Beverages
8.7 Automotive
8.8 Transportation
8.9 Oil & Gas
9. Global Gas Sensors Market Segmentation - By Region
9.1 North America Gas Sensors Market Size (2018-2023)
9.1.1 United States of America Gas Sensors Market Size (2018-2023)
9.1.2 Canada Gas Sensors Market Size (2018-2023)
9.2 Europe Gas Sensors Market Size (2018-2023)
9.2.1 United Kingdom Gas Sensors Market Size (2018-2023)
9.2.2 France Gas Sensors Market Size (2018-2023)
9.2.3 Germany Gas Sensors Market Size (2018-2023)
9.2.4 Russia Gas Sensors Market Size (2018-2023)
9.2.5 Others
9.3 Asia-Pacific Gas Sensors Market Size (2018-2023)
9.3.1 China Gas Sensors Market Size (2018-2023)
9.3.2 India Gas Sensors Market Size (2018-2023)
9.3.3 Japan Gas Sensors Market Size (2018-2023)
9.3.4 Others
9.4 Latin America Gas Sensors Market Size (2018-2023)
9.4.1 Brazil Gas Sensors Market Size (2018-2023)
9.4.2 Mexico Gas Sensors Market Size (2018-2023)
9.4.3 Argentina Gas Sensors Market Size (2018-2023)
9.4.4 Others
9.5 Middle East & Africa Gas Sensors Market Size (2018-2023)
9.5.1 Saudi Arabia Gas Sensors Market Size (2018-2023)
9.5.2 UAE Gas Sensors Market Size (2018-2023)
9.5.3 South Africa Gas Sensors Market Size (2018-2023)
9.5.4 Others
10. Vendor Market Share Analysis
11. Company Profiles
11.1 Figaro Engineering Inc.
11.2 Dynament Ltd.
11.3 Membrapor AG.
11.4 Alphasense
11.5 Nemoto & Co., Ltd.
11.6 Robert Bosch GmbH
11.7 Amphenol Advanced Sensors
11.8 AMS AG
11.9 Trolex Ltd.
11.10 ABB Ltd.
11.11 Siemens AG
11.12 City Technology Ltd.
12. Investment Analysis
13. Future of the Gas Sensors Market
