Gas Sensor Market is Anticipated to reach USD 2.76 billion, grow at a CAGR of 8.14 % from 2022 to 2030

Research Reports

Sep 13, 2023

Gas Sensor Market Insights:

The global gas sensor market is projected to garner huge traction. Government initiatives to promote gas-sensing technology to detect pollution levels in the environment drive market growth. Market Research Future (MRFR) states that the global gas sensor market value is poised to escalate from USD 1.51 BN in 2022 to USD 2.76 BN by 2030, growing at an 8.14% CAGR during the assessment period (2022-2030).

Growing pollution levels in several cities and changing perceptions of the immediate environment positively impact the gas sensor’s market demand. With the recent trend of MEMS-based environmental hubs, gas sensors are becoming even more sought-after. Government regulations and emission control standards for industrial sectors bolster the growth of the gas sensor market.

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Key Players:

  • City Technology Ltd
  • Dynament
  • AlphaSense
  • Amphenol Corporation
  • Bosch Sensortec GMBH
  • AMS
  • SenseAir
  • NEW COSMOS ELECTRIC CO. LTD.
  • Industrial Scientific
  • Sensirion,

are the notable vendors in the Gas Sensor market.

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Gas Sensor Market Regional Analysis:

North America dominates the global gas sensor market, witnessing the growing use of IoT technologies and the implementation of IoT devices for smart infrastructure. Besides, government initiatives to decrease greenhouse gas emissions drive the market growth. Additionally, heavy investments made by the US government in smart city projects led by the growing awareness about emissions substantiate the region’s gas sensor market share.

Gas Sensor Market Segmentation:

The market forecast is segmented into gas types, technologies, applications, and regions. The gas type segment is sub-segmented into hydrogen, methane, nitrogen oxide, hydrogen sulfide, carbon dioxide, carbon monoxide, and oxygen. The technology segment is sub-segmented into electrochemical, photoionization detectors, solid state/metal oxide semiconductors, catalytic, infrared, laser, and others.

The application segment is sub-segmented into environmental monitoring, healthcare consumer electronics, oil & gas, industrial safety, automotive & transportation (vehicle monitoring), aerospace & defense, medical, water & wastewater treatment, and others. By region, the gas sensor market is sub-segmented into the Americas, Asia-Pacific, MEA, Europe, and the rest of the world.

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Jun. 08, 2023 — Alphasense launched a new gas sensor of epic proportions, the H-Series sensor, featuring a compact footprint designed specifically for portable instruments. It is fully compatible with 1-Series sensors from other sensor manufacturers, allowing seamless integration into existing systems.

Using the H-Series gas sensor will help OEMs enhance flexibility in instrument design and a wider range of sensor selection options. With nine variants, the H-Series covers a broad range of gases, including common and exotic gases, extending its applications beyond compliance devices.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Tags: Gas Sensor market, Gas Sensor Market trends, Gas Sensor Market Growth, Gas Sensor Market Size, Gas Sensor Market share See Campaign: https://www.marketresearchfuture.com/reports/gas-sensors-market-5459

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