Gas Sensor Market (By Product: Oxygen/lambda sensors, Carbon dioxide sensors, Carbon monoxide sensors, NOx sensors; By Technology: Electrochemical, Photoionization Detectors (PID), Solid-state or Metal–oxide–semiconductor (MOS), Catalytic, Infrared, Laser, Zirconia, Holographic, Others; By Connectivity: Wired, Wireless; By Application: Water & Wastewater, Medical, Oil & Gas, Automotive & Transportation, Food & Beverages, Metals & Chemicals, Mining, Consumer Electronics, Power Stations, Smart Cities & Building Automation) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027

The global gas sensor market size is expected to reach around US$ 2,100 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.

Gas Sensor generally detects and alerts users regarding the presence of gas in the atmosphere by the alarms. Such devices can sense a wide range of gasses including poisonous gasses, flammable and gasoline gasses. This is widely used in a number of markets, including transport, food & drink, metals, industrial materials, power plants and intelligent cities. The increasing awareness of air quality people has contributed to the need for gas sensors in workplaces and homes.

Market Insights

The major factors that are driving the growth of global gas sensor market due to rise in demand for smart sensing technologies for detecting hazardous gases. Other technologies such as infrared technology are likely to improve the growth of gas sensors market. Infrared devices have major advantages in the field of gas sensors in competition with sensor artifacts for longer product life and improved hydrocarbon gas detection performance. Furthermore, wireless gas sensors are expected to continue its growth during forecast period. Owing to low cost installation and also needed less space compared to wired sensors. For effective gas tracking, innovative wireless technologies are being developed. Increased developments in the technical growth of gas sensors therefore will allow the demand for gas sensors to expand steadily.

Infrared processing will make roughly 5% improvements by 2024 due to longer product life compared with other detection materials like electrochemical & PID in the gas sensor industry. Sensors for the sensing of dangerous gasses in facilities can be used in various sectors, including food, drinks and healthcare. The technology boosts hydrocarbon gas detection quality and is used in hydrocarbon detectors. Because of optical and sensor contact technologies Infrared technology makes for dangerous operations. Increasingly, non-dispersive sensors are being used for fast repair, compact design and quick operation.

Report coverage

The market research study on “Gas Sensor Market (By Product: Oxygen/lambda sensors, Carbon dioxide sensors, Carbon monoxide sensors, NOx sensors; By Technology: Electrochemical, Photoionization Detectors (PID), Solid-state or Metal–oxide–semiconductor (MOS), Catalytic, Infrared, Laser, Zirconia, Holographic, Others; By Connectivity: Wired, Wireless; By Application: Water & Wastewater, Medical, Oil & Gas, Automotive & Transportation, Food & Beverages, Metals & Chemicals, Mining, Consumer Electronics, Power Stations, Smart Cities & Building Automation) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global gas sensor market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global gas sensor market are product, technology, connectivity, application and major geographic regions. The gas sensor market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.

The largest market share is projected in Asia Pacific and is expected to grow at the highest rate over the forecast period. Business development in Asia-Pacific is driven by technical innovation and the rise in the usage of gas sensors in various vertical industries. The involvement of leading sensor manufacturers in the U.S. also provides incentives for the region's business growth. Rapid vehicle growth across Europe and North America poses many opportunities to increase gas sensing device use in vehicle systems.

Key Players

Major players included in this report ABB Ltd., BlueSens Gas Sensor GmbH, Alphasense Ltd., Amphenol Corporation, Aeroqual Ltd., AMS AG, City Technology Ltd., Bosch Sensortec GmbH, Figaro Engineering, Inc., Dragerwerk AG & Co. KGaA, Denso Corporation, Dynament Ltd., eLichens, GfG Gas Detection UK Ltd., Henan Inte Electrical Equipment Co. Ltd., and others.

The global gas sensor market is segmented as below:

Market Segmentation

Gas Sensor Market By Product

• Oxygen/lambda sensors
• Carbon dioxide sensors
• Carbon monoxide sensors
• NOx sensors

Gas Sensor Market By Technology

• Electrochemical
• Photoionization Detectors (PID)
• Solid-state or Metal–oxide–semiconductor (MOS)
• Catalytic
• Infrared
• Laser
• Zirconia
• Holographic
• Others

Gas Sensor Market By Connectivity

• Wired
• Wireless

Gas Sensor Market By Application

• Water & Wastewater
• Medical
• Oil & Gas
• Automotive & Transportation
• Food & Beverages
• Metals & Chemicals
• Mining
• Consumer Electronics
• Power Stations
• Smart Cities & Building Automation

Gas Sensor Market By Geography

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa