Gas Sensor Market Size By Product (Oxygen (O2)/ Lambda Sensors, Carbon Dioxide (CO2) Sensors, Carbon Monoxide (CO) Sensors, NOx Sensors), By Technology (Electrochemical, Semiconductor, Solid State, PID, Catalytic, Infrared), By Connectivity (Wired, Wireless), By Application (Consumer Electronics, Medical, Environmental, Petrochemical, Automotive, Industrial) Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026
The gas sensor market is poised for robust growth owing to environmental regulations and increasing demand for worker safety measures across industries. Gas sensors or gas detectors are basically electronic devices that are capable of detecting and identifying numerous types of gasses. These sensors are commonly used in detecting explosive or toxic gases and can also measure gas concentration in an area.
Gas sensors are notable employed in manufacturing facilities and factories, usually to identify any sort of gas leakage to ensure workplace safety. They are also used for detecting smoke and carbon monoxide in houses. Gas sensors broadly differ in terms of size, sensing ability, and range, making the industry highly versatile in addressing end-user demands. Sensors are also a part of a bigger embedded system like hazmat and security systems and are usually connected to an audible interface or alarm.
Gas sensors are used for a variety of purpose which includes detecting fire, measuring concentration of toxic gases in industries, in mines, and as breath analyzers. These sensors are used in air conditioners to keep track of the carbon dioxide levels in a room. They are used in hotels, in order to warn customers against smoking indoors, and in offices to check the air quality. Most notably, they are used at oil rig sites for monitoring the concentration of the gases that are being released.
The gas sensor market is segmented in terms of product, technology, connectivity, application, and regional landscape.
Based on product, the gas sensor market is classified into carbon monoxide sensors, Nox sensors, carbon dioxide sensors, and oxygen/lambda sensors. Among these, Nox sensors held a market share of around 15% in 2019 with the rising development of stringent regulations to reduce exhaust emission level. This device generally controls the amount of nitrogen oxide in the gas at the exhaust outlet, and further decreases the amount of pollution of the exhausted gas using special catalysts.
With respect to technology, the gas sensor market is categorized into infrared, catalytic, PID, solid state, semiconductor, electrochemical, and others. Semiconductor segment is likely to witness a market growth rate over 5% over the forecast period owing to the growing adoption in air quality monitoring system.
In terms of application, the overall gas sensor market is bifurcated into industrial, automotive, petrochemical, environmental, medical, and consumer electronics. Automotive application segment held a market share of nearly 10% in 2019 due to the increasing adoption of HVAC systems in passenger vehicles.
From a regional frame of reference, the Middle East & Africa gas sensor market will register a market growth rate of nearly 7% through the forecast period due to rising demand for safety systems in oil & gas refineries.
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