Global VOC Sensors and Monitors Market to Reach $265.9 Million by 2030
The global market for VOC Sensors and Monitors estimated at US$183.1 Million in the year 2023, is expected to reach US$265.9 Million by 2030, growing at a CAGR of 5.5% over the period 2023-2030. VOC Monitors, one of the segments analyzed in the report, is expected to record 5.5% CAGR and reach US$165.1 Million by the end of the analysis period. Growth in the VOC Sensors segment is estimated at 5.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $48.2 Million, While China is Forecast to Grow at 8.4% CAGR
The VOC Sensors and Monitors market in the U.S. is estimated at US$48.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$60 Million by the year 2030 trailing a CAGR of 8.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
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