Gas Sensors Market Size, Share, Trends, Growth and Forecast 2032

The global Gas Sensors Market size was worth around USD 1.55 Billion in 2023 and is predicted to grow to around USD 3.36 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 9.00% between 2024 and 2032.

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The report covers a forecast and an analysis of the gas sensors market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on volume (K Units) and revenue (USD Billion).

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Gas Sensors Market: Overview

Gas sensors or gas detectors are used to detect gaseous leakages in various sectors, such as oil and gas, medical, water and wastewater treatment, and metals and chemicals, among others. These sensors are fixed with the control system to detect a gaseous leak and trigger an alarm to alert the control room. These sensors impulsively react to the gases present, thereby keeping the system updated about any changes that occur in the concentration of molecules in the gaseous state. Several residential and industrial spaces are fitted with these gas sensors to detect gaseous leakages and alert people in the vicinity about the same. Different types of chemical sensors are used to measure the concentration of gas in the vicinity. Every gas has a unique breakdown voltage, and the concentration of gas is measured with current gaseous discharge into the device. Gas sensors are commonly used to detect toxic gases, such as chlorine, carbon monoxide, nitrogen oxide, etc.

The rising demand for smart and wireless gas sensing components is driving the gas sensors market globally. These sensing components can be deployed in various systems for monitoring air quality and detecting chemicals, etc., which is likely to accelerate the technical developments in this market. Smart sensing technologies provide better detection of chemicals and offer enhanced performance benefits in comparison to traditional sensors. Furthermore, the need for smart sensing components in the industrial, residential, and commercial sectors is projected to contribute substantially toward the global gas sensors market. For instance, AerNos, Inc., a health and wellness firm, declared the launch of its specified nano gas sensors for detecting hazardous gases and product integration with IoT devices in smart cities. Furthermore, stringent industrial and governmental regulations addressing worker safety due to the hazards of gaseous and chemical emissions in industries are likely to generate several opportunities for the gas sensors market over the forecast time period. However, high cost for the deployment of gas sensing components might hamper this market. 

The study includes drivers and restraints for the gas sensors market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the gas sensors market on a global level.

These are devices that help to detect the emissions of toxic gaseous substances into the atmosphere by the various gas producers such as industries, manufacturers, transport sector and the household sector. State government guidelines have been implemented regarding the release of toxic gases from the vehicles and the industries which prove to be a major factor for the global climate change and pollution full stop various harmful toxic gases are also release from the agricultural activities which results in climate change and pollution. Various types of gas sensors have been introduced into the market by the leading market players in order to reach the difficult sites where human being does not have access.

The size of the gas sensors is very small can be consorted and go narrow spaces which are out of human reach. The advance technology is which are used in the sensors help to detect toxic gas emissions from a far away distance without endangering the life of the operator. Wireless technology that are being used in the modern gas sensors helps to obtain relevant data and information regarding the toxic emissions from a safe distance without coming in contact with the handler. Segregation of the various toxic gases emitted is also important in order to put them to proper use and obtain maximum productivity. New technology is need to be developed in order to make secondary use of the toxic gases emitted so that the recycling process keeps continuing and the waste material that is emitted into the environment is minimum. The harmful gases emitted by the transport sector have also been kept under check by the government by imposing various rules and guidelines regarding the use of the vehicles. Main toxic gases which are released into the atmosphere prove to be a great risk for the birds and other aerial animals. This creates and ecological imbalance in the environment, thus endangering the global ecosystem and climate. 

Global Gas Sensors Market: Growth Factors

The development of wireless capabilities and miniaturization has proved to be a major driving factor for the growth of the market during the focus period. The advancements made in the communication technology which has been integrated with the modern devices and equipments in order to detect the toxic emissions help to promote the market to a great extent. This detection technique can be carried out from a safe distance without risking the life of the employee. Since it has wireless capabilities human intervention is minimum and the use of machines and technology has been considered to manage the entire process of detecting the toxic emissions. The miniature size of the devices helps them to penetrate into narrow spaces where the human body cannot reach and perform their actions. This enables the devices to perform the task with efficacy and precision. These devices are mainly put into use in order to detect the gas emissions from the industrial sectors and to keep a constant control over their toxic gas production.

In order to give the users of this report a comprehensive view of the gas sensors market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product extension, and regional expansion of major participants involved in the market on a global and regional level. Moreover, the study covers a price trend analysis and material portfolio of various companies according to the region.

Global Gas Sensors Market: Segmentation

The study provides a decisive view of the gas sensors market by segmenting the market based on product, technology, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024.

By technology, the gas sensors market is segmented into electrochemical, solid state/MOS, semiconductor, PID (photoionization detector), infrared (IR), catalytic, and others.

By product, this market includes carbon dioxide sensors, lambda/oxygen sensors, carbon monoxide sensors, nitrogen oxide sensors, and others.

Medical, environmental, building automation and domestic appliances, petrochemical, industrial, automotive, and others form the application segment of this market.

Gas Sensors Market: Report Scope

Global Gas Sensors Market: Regional Analysis

The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. This segmentation includes demand for gas sensors market based on all segments in all the regions and countries.

Asia Pacific region has dominated the segment as a result of its rapid urbanization and industrialization. The development of this region which is on a rise has increased the production of toxic gases in the environment. Growing demand for the air cleaners will also drive the growth of the Asia Pacific region for the gas sensors during the forecast period.

European market is also expected to perform with a steady speed during the forecast period. This regional growth can be attributed to the region’s growing sensor technologies and increasing IT investments. Moreover, the presence of several governmental regulations supporting the safety and protection of workers in manufacturing facilities of various industries is likely to further boost this regional market in the future.

Key Market Players & Competitive Landscape

Some key players of the global gas sensors market are -

• The Emerson Electric Co.
• General Electric Company
• Indutrade AB
• ABB Ltd.
• BD Sensors GmbH
• TE Connectivity
• Rockwell Automation
• Fortive
• Siemens AG
• MTS Sensors
• Robert Bosch LLC
• Dragerwerk AG & Co. KGaA
• Aeroqual Ltd.
• Figaro Engineering Inc.
• Dynament Ltd.
• Nemoto & Co.
• AlphaSense
• City Technology Ltd.
• Membrapor AG
• Trolex Ltd
• GfG Europe Ltd.
• among others.

This report segments the global gas sensors market into:

Global Gas Sensors Market: Product Analysis

• Oxygen/Lambda Sensors
• Carbon Dioxide Sensors
• Carbon Monoxide Sensors
• Nitrogen Oxide Sensors
• Others

Global Gas Sensors Market: Application Analysis

• Medical
• Building Automation and Domestic Appliances
• Environmental
• Petrochemical
• Automotive
• Industrial
• Others

Global Gas Sensors Market: Technology Analysis

• Electrochemical
• Semiconductor
• Solid State/MOS
• PID (photoionization detector)
• Catalytic
• Infrared (IR)
• Others

Global Gas Sensors Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa