Global Gas Chemical Sensor Market – Industry Trends and Forecast to 2030

Gas Chemical Sensor Market Analysis and Size

Gas sensors are used by many industries, including chemicals, oil and gas, and power, to find different toxic and combustible gases. Methane is frequently used in power generation. They have also created sensors to meet the high demand from ventilator manufacturers. For instance, Sensirion introduced the SFM3019 flow sensor to the market in March 2020. This change was anticipated to satisfy the ventilator manufacturers' rising demand. Throughout the forecast period, it is also anticipated that the market for gas sensors will expand due to the capability of monitoring the concentration levels of different gases in various end-use sectors and the expanding use of gas sensors in HVAC products and air quality control systems.

Data Bridge Market Research analyses that the gas chemical sensor market, valued at USD 1.08 billion in 2022, will reach USD 1.95 billion by 2030, growing at a CAGR of 7.68 % during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Gas Chemical Sensor Market Scope and Segmentation      

Definición de mercado

Un sensor de gas es una herramienta que determina la cantidad o presencia de gases en el ambiente o la atmósfera. El sensor de gas muestra un cambio en la resistencia del material utilizado en el sensor en función de la concentración de gases en el ambiente, que luego se utiliza para medir el voltaje de salida. El tipo y la concentración de gas se identifican en función de esta variación en el valor del voltaje. Los sensores de gas pueden identificar sustancias volátiles como gases y el estado del aire. Estos sensores pueden convertir la concentración de un gas analizado en una señal electrónica o eléctrica detectando y midiendo la concentración de gas. Estos sensores se utilizan en varios sectores, incluidos el aeroespacial, la energía, la defensa y la medicina.

Dinámica del mercado de sensores químicos de gas

Conductores

• Las nuevas tecnologías estimulan el mercado

Se están creando nuevas tecnologías de sensores, como sensores electroquímicos adaptados a sustancias específicas y sensores infrarrojos no dispersivos (NDIR) utilizados en las industrias para detectar gases como el metano. Las emisiones de gases de diversos procesos industriales, incluidos los domésticos e industriales, se controlan y monitorean continuamente mediante sensores de gas. La creciente necesidad de reducir las emisiones nocivas de las industrias críticas también augura una buena expansión del mercado. Los fabricantes de sensores de gas están creando sensores de gas inteligentes mediante avances e innovaciones tecnológicas. Además, muchas empresas están creando sistemas de detección de fugas de gas basados ​​en drones para mejorar la seguridad de los operadores de tuberías en todo el mundo.

• Las regulaciones gubernamentales crearán un mercado con servicio de autoservicio.

Durante el período de pronóstico, se prevé que la demanda sea impulsada por estrictas regulaciones gubernamentales para reducir las emisiones de los automóviles. Las agencias gubernamentales de todo el mundo imponen reglas y regulaciones con respecto a las emisiones de gases de los automóviles. La Administración Nacional de Seguridad del Tráfico en las Carreteras y la EPA modificaron los estándares corporativos de economía de combustible promedio y emisiones de gases de efecto invernadero para automóviles de pasajeros en abril de 2020. Como resultado, la regulación de las emisiones de gases de los vehículos aumenta la necesidad de sensores de gas porque reduce la contaminación del aire y mejora la eficiencia del combustible.

Oportunidades

• El desarrollo de la IoT, la computación en la nube y el big data durante las temporadas de gasolina generan crecimiento.

El IoT es esencial para la industria de la tecnología de la información. Hace alusión a la red de sensores creada por la integración de Internet de varios dispositivos de detección de información. Además, el IoT genera una demanda significativa de avances de máquina a máquina (M2M) e interoperabilidad de dispositivos en línea con las demandas del entorno conectado. Existe una creciente demanda de sensores de gas con capacidades de detección de gas nuevas y avanzadas debido a la creciente popularidad de los dispositivos móviles, el IoT y los avances en computación en la nube y análisis de big data. Además, varias empresas emergentes han invertido en el desarrollo de una red de sensores que puede proporcionar datos de contaminación mediante sensores de gas, creando así una oportunidad para crecer durante el período de pronóstico.

• Wireless technology development leads to an expansion.

The market for gas sensors is being shaped by the development of wireless technologies, expanding research and development initiatives, miniaturization, and enhanced connectivity capabilities. These factors allow for integrating gas sensors into various sensors and actuators without compromising their ability to identify poisonous or highly explosive gases. The Internet of Things, big data, and gas sensor connectivity to multiple devices such as smartphones are expected to open up further lucrative opportunities for the growth of the gas sensor market. Gas detectors have an advanced device interface that makes configuring danger alerts convenient. It dynamically transmits the resulting signal to the operating system without human intervention. Therefore, in the upcoming years, this technological trend will significantly increase the growth of gas sensors.

Restraints/Challenges

• Aggressive pricing results in declining average selling prices, which limits growth

Gas sensors are widely used in automobiles, heating, ventilation and air-conditioning (HVAC) systems, air quality monitoring systems, and consumer electronics, which results in increased shipments of these sensors but constrained growth in their sales as a result of research and development efforts to develop IOT-compatible sensors and cost-effective gas sensor solutions using Methoxyethoxymethyl (MEMS) technology. Price pressure is the result, particularly in applications where gas sensors are used frequently. As a result, producers are forced to lower the potential costs of gas sensors, further limiting the growth of gas chemical sensors in the market.

• Device growth is constrained by its high initial cost.

Although adding sensors can increase automation in electronic devices, doing so incurs extra expense, so it is typically avoided in applications that are intended to be more commercially successful. Using sensors allows for more features and increases the automation of the devices, but it does come at a cost, so it is avoided in cost-effective applications. As they contain temperature-sensitive components, sensors cause heating issues and reduce the lifespan of continuously used electronics such as smartphones, laptops, and cameras. Sensors facilitate the battery life of devices that use batteries as their power source because they rely on them for operation.

This gas chemical sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gas chemical sensor Market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2022, the ALTAIR IO 4 Gas Detection Wearable Devices, which MSA Safety Inc. recently unveiled, are the hardware component of a cloud-ready technology suite that MSA refers to as the connected work platforms.
• In 2022, Sensirion presented its SEN50 and SEN55 environmental sensing solutions to measure critical environmental parameters. The SSEN500 ENVIRONMENTAL NODE, a member of the SEN5x series, is a simple sensor platform for precisely measuring particulate matter.
• In 2021, Sensirion AG completed the acquisition of Qmicro B.V, a cutting-edge OEM supplier of technologies for miniature gas analysis. Sensirion added stand-alone micro gas analyzers for industrial applications to its gas sensing portfolio with this acquisition, which had previously only included components and modules.
• In 2021, the purchase of MTS System Corporation by Amphenol Corporation was completed. Amphenol anticipates that the MTS sensors business will increase sales by USD 350 million in the first year after closing. As previously stated, MTS Sensors is expected to increase Amphenol's earnings per share by USD 0.05 in the first year following closing, which excludes acquisition-related costs and considers the business's most recent 2-for-1 stock split.

Global Gas Chemical Sensor Market Scope

The gas chemical sensor market is segmented on the basis of connectivity type, gas type, output, product, technology, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Connectivity Type

• Wireless
• Wired

Gas type

• Oxygen/ Lambda Sensor (O2)
• Carbon Monoxide (CO)
• Carbon Dioxide (CO2)
• Ammonia (NH3)
• Chlorine (Cl)
• Hydrogen Sulphide (H2S)
• Nitrogen Oxides (NOx)
• Volatile organic compound
• Sulfur Dioxides (SO2)
• Methane (CH4)
• Hydrocarbons
• Hydrogen
• Methyl Mercaptan Sensor
• Volatile Organic Compound

Output

• Analog
• Digital

Product

• Gas analysers and monitors
• Gas detectors
• Air quality monitors
• Air purifiers and cleaners
• HVAC systems
• Medical equipment’s
• Consumer devices
• MEMS Pellistors
• Metal Oxides
• Optical gas sensor
• Others

Technology

• Electrochemical
• Semiconductor
• Thermal conductivity
• Photo Ionization Detectors (PID)
• Solid State or Metal Oxide Semiconductor (MOS)
• Catalytic
• Infrared (IR)
• Laser
• Zirconia
• Holographic
• Colorimetric
• Others
• Paramagnetic
• Flame Ionization Detection (FID)
• Chemiluminescence
• Carbon Nanotubes
• Polymers
• Ultraviolet

End-User

• Water and Wastewater Treatment
• Building Automation
• Smart Cities
• Domestic appliances
• Environmental
• Defence and Military
• Petrochemical
• Industrial
• Residential
• Agriculture
• Medical
• Oil and Gas
• Automotive and Transportation
• Food and Beverages
• Metals and Chemicals
• Mining
• Consumer Electronics industry
• Power Stations

Gas Chemical Sensor Market Regional Analysis/Insights

The gas chemical sensor market is analysed and market size insights and trends are provided by country, connectivity type, gas type, output, product, technology, and end-user as referenced above.

The countries covered in the gas chemical sensor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Asia-Pacific dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region’s dominance are increasing awareness about the impact of air pollutants on human health across the countries in the Asia Pacific, such as India and China, which is driving the demand for gas sensors for air quality monitoring. Additionally, continued urbanization in the region contributes to the rising demand for gas sensors. Moreover, the governments in the Asia Pacific region are investing heavily in smart city projects, thus creating significant potential for smart sensor devices. Such factors bode well for regional market growth.

Europe will undergo the highest growth rate during the forecast period owing to stringent norms related to the emissions of gases, and the subsequent need for emissions monitoring is expected to drive the regional market's growth. Additionally, In Europe, the safety requirements require all the vehicle OEMs to include gas sensor technologies in their offers. As rules to curb pollution levels are becoming more rigorous, the popularity of gas sensors in the automotive sector to decrease pollution is expected to increase in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Gas Chemical Sensor Market Share Analysis

The gas chemical sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gas chemical sensor market.

Some of the major players operating in the gas chemical sensor market are:

• Honeywell International Inc. (U.S.)
• DENSO CORPORATION (Japan)
• Emerson Electric Co. (U.S.)
• Teledyne Technologies Incorporated. (U.S.)
• Siemens (Germany)
• GENERAL ELECTRIC  (U.S.)
• 3M (U.S.)
• MSA (U.S.)
• Euro-Gas (Balkans)
• Crowcon Detection Instruments Ltd. (U.K.)
• Alphasense (U.S.)
• ABB (Switzerland )
• Yokogawa Electric Corporation (Japan)
• Servomex (U.K.)
• Thermo Fisher Scientific Inc. (U.S.)
• Gas Clip Technologies (U.S.)
• Figaro Engineering Inc (Japan)
• DOD Technologies, Inc (U.S.)
• Blackline Safety Corp (Canada)
• Pem-Tech, Inc. (U.S.)
• Otis Instruments, Inc.(U.S.)

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