Global Infrared Gas Sensor Market Size study & Forecast, by Type (Fixed, Portable) by Industry Vertical (Healthcare, Consumer Electronics, Automotive, Industrial, Defense and Military, Others) and Regional Analysis, 2022-2029

Global Infrared Gas Sensor Market Size study & Forecast, by Type (Fixed, Portable) by Industry Vertical (Healthcare, Consumer Electronics, Automotive, Industrial, Defense and Military, Others) and Regional Analysis, 2022-2029

Global Infrared Gas Sensor Market is valued at approximately USD 198.6 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8.7% over the forecast period 2022-2029. Infrared Gas Sensor are used to constantly control and monitor combustible hydrocarbon gas emissions from various industrial processes, ranging from domestic and industrial. The Infrared Gas Sensor market is expanding because of factors such as increasing demand for infrared gas sensors in the HVAC system and rising favorable government regulations.

According to Next Move Strategy Consulting, the global sensor market is projected to more than double in size between 2019 and 2030. While the market was sized at some 163.84 billion U.S. dollars in 2019, it is expected to reach the size of around 426.2 billion U.S. dollars in 2030. Another important component driving space increase is rising favorable government regulations regarding usage of infrared gas sensors. According to NMSC, the global infrared detector market was valued at 456.7 million U.S. dollars in 2019. By 2030, the market is forecast to have a value of 806 million U.S. dollars. Moreover, in 2020, China was the country with the highest spending on infrastructure worldwide. However, as of May 2022, the three most expensive infrastructure projects currently under development were in Europe and the United States. However, the high initial cost of Infrared Gas Sensor stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Infrared Gas Sensor Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated space in terms of revenue, owing to the increasing awareness about the impact of air pollutants. Europe is expected to grow significantly during the forecast period, owing to factors such as the popularity of gas sensors in the automotive sector to decrease pollution in the market space.

Major market player included in this report are:

AlphaSense Inc
Dräger
Senseair
SmartGAS
Amphenol Corporation
Heimann
Honeywell International Inc
SGX Sensor tech
Dynament
Figaro engineering.inc

Recent Developments in the Market:
 In Sept 2022, New PID Sensor Range from Alphasense delivers wider choice and Superior Value Proposition for Industrial Safety & Air Quality Monitoring

 In April 2021, Honeywell introduces Automated Methane Monitoring Solution in Europe to help companies address their climate goals.

Global Infrared Gas Sensor Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Industry vertical, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Fixed
Portable

By Industry vertical:
Healthcare
Consumer Electronics
Automotive
Industrial
Defense and Military
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

AlphaSense Inc
Dräger
Senseair
SmartGAS
Amphenol Corporation
Heimann
Honeywell International Inc
SGX Sensor tech
Dynament
Figaro engineering.inc

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.