Gas Sensor Market by Technology (Catalytic, Electrochemical, Laser), Gas Type (Ammonia, Carbon Dioxide, Carbon Monoxide), Connectivity, End Use - Global Forecast 2024-2030
The Gas Sensor Market size was estimated at USD 2.50 billion in 2023 and expected to reach USD 2.68 billion in 2024, at a CAGR 7.34% to reach USD 4.11 billion by 2030.
Gas sensors are devices that detect and respond to the presence and variation of specific gaseous pollutants. Gas sensors monitor and prevent potential hazards in industries, commercial establishments, and homes where certain gases may lead to health hazards, fire, or explosion. In most instances, gas sensors operate based on the principle of interaction between the specific gas in the atmosphere and the sensor material, resulting in a change in resistance that triggers an alarm once it exceeds certain thresholds. Escalating concerns over environmental pollution with the stringent implementation of safety regulations by government and regulatory authorities are driving the usage of gas sensors. Furthermore, the recent advancements in wireless connectivity in sensor technology create a platform for market growth. High costs associated with the production and maintenance of advanced gas sensors and the availability of technical issues related to miniaturization and long-term stability hamper market growth. Growing development of cost-efficient production techniques and increasing focus on the reliability and longevity of the sensors are expected to create opportunities for market growth. Moreover, the ongoing creation and implementation of gas sensors with better accuracy, specificity, and less power consumption are expected to expand the market scope.
Regional Insights
The gas sensor market in the Americas is rapidly expanding due to advancements in the industry sectors, including petrochemical, healthcare, and the automotive industry. A strong demand for portable gas detectors in the country further boosts the market. Europe, specifically the European Union countries, possesses a strong market due to stringent government regulations for safety at workplaces and residential areas, subsequently expanding the usage of gas sensors in Europe. Increased investment in smart city projects and sustainable building infrastructure with a shift towards renewable energy sources further fuels the market for gas sensors in Europe. The Middle East and Africa represent a potential region for market vendors due to the rapid growth of the oil & gas industry, including refineries and petrochemical plants, with a rising demand for gas leak detection devices. Rapid industrialization, accelerating urbanization, and increasing awareness toward health and safety are expanding the gas sensor market in Asia-Pacific. Accelerating digitalization and industry 4.0 initiatives by governments across the region is expected to create a platform for the gas sensor market in Asia-Pacific.
Market Insights
- Market Dynamics
The market dynamics represent an ever-changing landscape of the Gas Sensor Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.- Market Drivers
- Increasing awareness toward pollution control and safety regulations
- Growing adoption of gas sensors in healthcare and medical sectors
- Rapid increase in digitalization and automation initiatives across industries
- Market Restraints
- Incidences of recalls of gas sensor products
- Market Opportunities
- Continuous innovations in the development of smart sensors
- Growing usage of nanotechnology in designing gas sensors
- Market Challenges
- Technological complexities associated with gas sensor integration
- Market Segmentation Analysis
- Technology: Expanding usage of non-dispersive infrared technology-based sensors due to their robustness and extended lifetime
- Gas Type: Significant demand for carbon dioxide sensors in the HVAC systems
- Connectivity: Rising inclination toward wireless gas sensors
- End Use: Rising use of gas sensors in the automotive sector owing to emission regulations
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Gas Sensor Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Gas Sensor Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments- GHGSat to Add New Optical Gas Sensors To Greenhouse Gas Monitoring Satellites
GHGSat secured a new agreement with ABB to supply advanced optical sensors for four upcoming satellites, extending their successful partnership. These satellites, designated C12 to C15, are slated for a 2024 launch and will enhance GHGSat's constellation, which has been pivotal in detecting and accurately measuring gas emissions from an orbital vantage point. This marks a continued collaboration, with ABB's technology already integral to ten existing GHGSat missions actively surveilling methane emissions.
ABB Secures U.S. Department of Energy Funding to Revolutionize Methane Emissions Monitoring
ABB was awarded a substantial grant from the Department of Energy's Office of Fossil Energy and Carbon Management and the National Energy Technology Laboratory. With an infusion of USD 1 million in funding, ABB is set to spearhead the creation of a sophisticated Integrated Methane Monitoring Platform, which promises to revolutionize the field of methane detection, surveillance, and abatement in the United States. This initiative, significantly bolstered by an 80% contribution from the DOE, while ABB provides the critical remainder, reflects a collaborative commitment to advancing environmental stewardship and sustainability within the energy sector.
Interlink Electronics, Inc. Announces USD 400,000 SBIR Award From NIST For Research Into High-Volume Printed Sensor Manufacturing Techniques
Interlink Electronics, Inc. was granted a substantial USD 400,000 SBIR Phase II award by the National Institute for Standards and Technology (NIST), a part of the Department of Commerce. This award underlines Interlink's commitment to advancing research in the pivotal area of gravure-printed chemical gas sensors. Building upon a decade of innovation and market presence, Interlink is set to escalate production capabilities, aiming to exceed a monumental quantity of 10 million units annually. This expansion seeks to accommodate emerging markets with high-volume demands, reinforcing Interlink's leading position in pioneering scalable production methods that will shape the future of environmental sensing technologies.
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Gas Sensor Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Gas Sensor Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., AerNos, Inc., Alphasense Ltd. by AMETEK, Inc., Amphenol Corporation, ams-OSRAM AG, Applied Techno Systems, Asahi Kasei Corporation, Bartels Mikrotechnik GmbH, Danfoss A/S, eLichens, Flusso Limited, Gas Sensing Solutions Ltd., Gastec Corporation, Honeywell International Inc., Interlink Electronics, Inc., MEMBRAPOR AG, Microsens SA, N5Sensors, New Cosmos Electric Co., Ltd., Nissha Co., Ltd., Niterra Co., Ltd., Process Sensing Technologies Ltd., Robert Bosch GmbH, Sciosense B.V., Sensirion AG, Sensorix GmbH, smartGAS Mikrosensorik GmbH, Toshiba Corporation, Vighnaharta Technologies Pvt. Ltd., and Zhengzhou Winsen Electronics Technology Co., Ltd..
Market Segmentation & Coverage
This research report categorizes the Gas Sensor Market to forecast the revenues and analyze trends in each of the following sub-markets:- Technology
- Catalytic
- Electrochemical
- Laser
- Non-Dispersive Infrared
- Quantum Type
- Thermal Type
- Photo Ionization Detector
- Semiconductor
- Solid State
- Gas Type
- Ammonia
- Carbon Dioxide
- Carbon Monoxide
- Chlorine
- Hydrocarbons
- Hydrogen
- Nitrogen Oxide
- Oxygen
- Connectivity
- Wired Gas Sensor
- Wireless Gas Sensor
- End Use
- Automotive
- Consumer Electronics
- Environmental
- Industrial
- Medical
- Petrochemical
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
Please Note: PDF & Excel + Online Access - 1 Year
- Americas
- Market Drivers
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing awareness toward pollution control and safety regulations
- 5.1.1.2. Growing adoption of gas sensors in healthcare and medical sectors
- 5.1.1.3. Rapid increase in digitalization and automation initiatives across industries
- 5.1.2. Restraints
- 5.1.2.1. Incidences of recalls of gas sensor products
- 5.1.3. Opportunities
- 5.1.3.1. Continuous innovations in the development of smart sensors
- 5.1.3.2. Growing usage of nanotechnology in designing gas sensors
- 5.1.4. Challenges
- 5.1.4.1. Technological complexities associated with gas sensor integration
- 5.2. Market Segmentation Analysis
- 5.2.1. Technology: Expanding usage of non-dispersive infrared technology-based sensors due to their robustness and extended lifetime
- 5.2.2. Gas Type: Significant demand for carbon dioxide sensors in the HVAC systems
- 5.2.3. Connectivity: Rising inclination toward wireless gas sensors
- 5.2.4. End Use: Rising use of gas sensors in the automotive sector owing to emission regulations
- 5.3. Market Trend Analysis
- 5.3.1. Stringent safety regulations to manage gas leaks across industries driving R&D and product launches of smart and innovative gas sensors across the Americas
- 5.3.2. Significant growth potential in the APAC market driven by the strong presence of key players, supportive government regulations, and rising industrialization in the region
- 5.3.3. Regulatory norms, technological advancements, and increased awareness of health and safety concerns drive the demand for high sensing devices across EMEA
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework Analysis
- 6. Gas Sensor Market, by Technology
- 6.1. Introduction
- 6.2. Catalytic
- 6.3. Electrochemical
- 6.4. Laser
- 6.5. Non-Dispersive Infrared
- 6.6. Photo Ionization Detector
- 6.7. Semiconductor
- 6.8. Solid State
- 7. Gas Sensor Market, by Gas Type
- 7.1. Introduction
- 7.2. Ammonia
- 7.3. Carbon Dioxide
- 7.4. Carbon Monoxide
- 7.5. Chlorine
- 7.6. Hydrocarbons
- 7.7. Hydrogen
- 7.8. Nitrogen Oxide
- 7.9. Oxygen
- 8. Gas Sensor Market, by Connectivity
- 8.1. Introduction
- 8.2. Wired Gas Sensor
- 8.3. Wireless Gas Sensor
- 9. Gas Sensor Market, by End Use
- 9.1. Introduction
- 9.2. Automotive
- 9.3. Consumer Electronics
- 9.4. Environmental
- 9.5. Industrial
- 9.6. Medical
- 9.7. Petrochemical
- 10. Americas Gas Sensor Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Gas Sensor Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Gas Sensor Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. GHGSat to Add New Optical Gas Sensors To Greenhouse Gas Monitoring Satellites
- 13.3.2. ABB Secures U.S. Department of Energy Funding to Revolutionize Methane Emissions Monitoring
- 13.3.3. Interlink Electronics, Inc. Announces USD 400,000 SBIR Award From NIST For Research Into High-Volume Printed Sensor Manufacturing Techniques
- 13.3.4. Sensirion and AirTeq Collaborate for the Launch of the New Indoor Air Quality Monitor AirCheq Pro
- 13.3.5. Process Sensing Technologies Acquires Sensore Electronics GmbH
- 13.3.6. ABB and Samsung Engineering to Collaborate on Gas Analysers for Saudi Arabia’s Energy Industries
- 13.3.7. NEW Alphasense Sensors Enter Production in the Second Half of 2023
- 13.3.8. Interlink Electronics, Inc. Announces Expansion of its Electrochemical Gas Sensors Family with Solutions for Hydrogen, Ammonia, and NOX Gases at the Sensors Converge Conference in Santa Clara, CA, on June 21 and 22
- 13.3.9. ScioSense Launches Low-Power Gas Sensor ENS161
- 13.3.10. NGIF Cleantech Ventures Leads Investment In Gas Sensing Company Lelantos
- 13.3.11. Flusso Launches Four Gas Flow Sensor Modules
- 13.3.12. Strategic Mergers in the Field of Gas Sensors and Analyzers
- 13.3.13. Honeywell and Nexceris Strengthen Partnership to Improve Safety For Electric Vehicles
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
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