(MENAFN- iCrowdNewsWire) Market Highlights
The growing market for smart cities and increased adoption in HVAC systems are expected to drive the market during the forecast period. With the rising adoption of industrial automation, the demand for sensors in industrial hygiene is expected to create opportunities for the global Gas Sensor Market .
Global Gas Sensor Market spans across North America, Europe, Asia-Pacific, and the rest of the world.
The geographic analysis of the gas sensor market has been done for North America, Europe, Asia-Pacific, and the rest of the world. North America accounted for the largest market share of 32.9% in 2019, with a market value of USD 370.1 million; the market is expected to register a CAGR of 8.0% during the forecast period.
Get Free Sample Report :
Asia-Pacific was the second-largest market in 2019, valued at USD 329.7 million; it is projected to register the highest CAGR of 10.0%. The US accounted for the largest market share due to the increasing use of electrochemical gas sensors. In Europe, Germany accounted for the largest market share in 2019 due to the growth and progression of the oil & gas industry. The market in the Asia-Pacific is also growing at a steady CAGR due to the demand for gas sensors in China has seen considerable growth. In the Middle East & Africa and Latin America, the Middle East & Africa is expected to register the highest CAGR during the forecast period.
Access Report Details @
Global Gas Sensor Market: Segmentation
The Global Gas Sensor Market has been segmented based on Technology, Gas Type, Application, and Region. Based on technology, the global market has been segmented into electrochemical, photoionization detectors, solid-state/metal oxide semiconductor, catalytic, infrared, laser, holographic, and zirconia. By gas type, the global market has been segmented into oxygen, carbon monoxide, carbon dioxide, ammonia, chlorine, hydrogen sulfide, nitrogen oxides, volatile organic compounds, methane, hydrogen, and hydrocarbons. By application, the global market is divided into water & wastewater treatment, medical, oil & gas, automotive & transportation, food & beverages, metals & chemicals, consumer electronics, power stations, environmental monitoring, mining, and others.
City Technology Ltd (UK), Dynament(UK), AlphaSense (UK), Amphenol Corporation (US), Bosch Sensortec GMBH (Germany), AMS AG (Austria), SenseAir AB (Sweden), NEW COSMOS ELECTRIC CO., LTD.(Japan), Membrapor AG (Switzerland), Sensirion AG (Switzerland), and MSA (US) are some of the Key Players operating in the Global Gas Sensor Market.
About Market Research Future:
Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client.
The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the“one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research.
- Strong industry focus
- Robust methodology
- Tailor-made solutions
- Disruptive research
- Cutting-edge detailed reports
- Competitive pricing
- Domain expert researchers
- Timely delivery
- Ground-breaking approach
- Advanced and transparent research methodology
- Cover latest trends and innovations
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.