Global Gas Sensors Market Growth by Leading Key players: Amphenol Corporation, Dynament, Bosch Sensortec, City Technology, Figaro Engineering, Honeywell International, Teledyne Technologies Incorporated, Trolex, Siemens AG
Gas sensors market is one among the few vibrant business spheres where innovations and technology quite aptly outline the key to profitability and opportunities. The industry participants are thoroughly investing in research activities to bring product improvisations in terms of advancements and sustainability quotients, that in extension is enhancing the product and commercialization matrix of this fraternity. Backing the fact with a recent case in point – Sensirion AG, a leading manufacturer of high-end sensors, has bestowed the marketplace with novel gas sensors that are not only technologically progressive, but are also environmentally viable.
As claimed by the experts, Sensirion’s upgraded solutions offer precise air quality information based on some of the major environmental grounds such as VOC content, humidity, carbon dioxide presence, temperature, and particulate matter content. Undoubtedly, such exemplary initiatives undertaken by the renowned giants with regards to environmental sensing have opened up a slew of lucrative opportunities for gas sensors market players, in terms of commercialization and sustainability.
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Top Key Players: -
Some of the prominent names in the gas sensors market include Amphenol Corporation, Dynament, Bosch Sensortec, City Technology, Figaro Engineering Inc., Honeywell International Inc., Teledyne Technologies Incorporated, Trolex Ltd, and Siemens AG.
Market share calculation in this report is not done based on companies covered in it. The calculation of gas sensors market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
Expanding automobile sector and rising trend of automation across a myriad range of domains are chronicled to be some of the major factors driving APAC gas sensors market size. Reportedly, China and India are anticipated to be the major revenue pockets for APAC industry share. The growth in these regions can be primarily credited to the phenomenally increasing technological developments with regards to curtailment of hazardous air pollutant emissions.
Allegedly, China has been remarkably incorporating miniaturized and wireless sensors to enable convenient detection of toxic gases. Moreover, the growing urbanization and demand for technologically upgraded products such as E- compressor and E-turbo is further fueling China gas sensors market share.
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Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
Chapter 2 Executive Summary
2.1 Gas sensors industry 3600 synopsis, 2013 – 2024
2.1.1 Regional trends
2.1.2 Product trends
2.1.3 Technology trends
2.1.4 End-use trends
Chapter 3 Gas Sensors Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technological & innovation landscape
3.4.1 Miniaturization of gas sensors
3.4.2 Wearable gas sensors
3.4.3 Portable gas sensors
3.4.4 Flexible printed gas sensors
3.4.6 Carbon nanotubes
3.4.8 Chemical Gas Sensors
3.4.9 Graphene-based gas sensors
3.5 Regulatory landscape
3.5.1 U.S. EPA
3.5.2 F-Gas ECA scheme
3.6 Industry impact forces
3.6.1 Growth drivers
184.108.40.206 Increasing government initiatives and regulations
220.127.116.11 Development of wireless MEMS-based sensors in North America
18.104.22.168 Growing demand in IoT applications in the U.S.
22.214.171.124 Increasing awareness regarding air quality control in Europe
126.96.36.199 Increasing demand from automotive industry of Asia Pacific
188.8.131.52 Growing adoption in consumer electronics in Latin America
184.108.40.206 Rising demand from oil and gas industry in MEA
3.6.2 Industry pitfalls and challenges
220.127.116.11 Technical issues and high costs
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 Company market share analysis, 2016
3.9.1 Strategy dashboard
3.10 PESTEL analysis
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In terms of revenue, Global Market Insights, Inc. reports the global gas sensors industry to have surpassed a valuation of USD 2 billion in 2016. Estimates further claim the overall shipments to be 900 million units in the same year. Safety measures, of late, have become an integral axiom in manufacturing space, subject to the stringent regulatory framework regarding workplace safety and health hazards due to poor air quality. Gas sensors industry trends is heavily influenced by the growing governmental initiatives across the world. Companies involved in gas sensors industry are introducing innovative application-specific components that comply with the safety standardization such as CSA and ATEX.
In this regard, it is important to note that majority of these air quality standardizations and norms are implemented in industrial and automotive sectors. For instance, EPA’s Clean Energy Act has already set limits on some of the air pollutants, that is claimed to be hazardous for the environment. The act also gives the EPA the power to limit harmful emissions of air pollutants from sources like utilities, chemical plants, and steel mills. These mandatory roll-outs have left a huge impact on gas sensors market penetration, subject to the fact that these aforementioned sectors are mandated to install gas sensors in the plants to curb air pollution by efficiently regulating harmful emissions.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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