Gas Sensors Industry Is Expected To Witness Remarkable CAGR Growth by 2022 - City Technology Ltd., Alphasense, Membrapor AG, Dynament Ltd., and Figaro Engineering

Gas Sensors Industry Overview:
The global Gas Sensors Industry is expected to witness significant growth with a decent compound annual growth rate over the forecast years from 2012 to 2022. Growing utilization of gas sensors for analysis of breath to ensure the patients’ health is also fueling the gas sensors demand. The key trend driving the global gas sensor market is the expansion of miniaturization and wireless capabilities, along with enhanced communication capacities that facilitate their incorporation into several machines and devices, without compromising the recognition of flammable gases or toxic at secure distances. Asia-Pacific is among the fastest rising areas for the gas sensor industry and is expected to be the industry leader in the projected period. Nations such as, Germany, the United States, and China are the key markets for gas sensor devices. Though, operational problems impacting customers’ adoption and rising costs are the major restraining factors in emerging markets for gas sensors.

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Gas Sensors Industry Competitive Insights 2018:
City Technology Ltd., Alphasense, Membrapor AG, Dynament Ltd., and Figaro Engineering

The Gas Sensors Industry is segmented as follows-

Gas Sensors Industry, By Product, Estimates and Forecast, 2012-2022 ($Million)

• Carbon Dioxide Sensors
• Carbon Monoxide Sensors
• NOx Sensors
• Oxygen/Lambda Sensors
• Other Products

Gas Sensors Industry, By Technology, Estimates and Forecast, 2012-2022 ($Million)

• Solid State/MOS
• PID
• Catalytic
• Infrared (IR)
• Electrochemical
• Semiconductor
• Other Technologies

Gas Sensors Industry, By End User, Estimates and Forecast, 2012-2022 ($Million)

• Environmental
• Petrochemical
• Automotive
• Industrial
• Medical
• Building Automation & Domestic Appliances
• Other End User

Industry Outlook and Trend Analysis:
The Global Gas Sensors Industrywas evaluated around USD 1.70 billion in the 2012 and is expected to reach approximately USD 3.40 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 6.45% over the forecast period. The gas sensor is a device that sense density of diverse gases inside the area, generally as a fraction of a safety system. Utilization of gas sensors is to sense actual gas densities in gas generations or gas leaks. These sensors transform gas compositions or partial pressures measured in gases or air into an electric signal.

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Organization Outlook and Trend Analysis:
According to the product type, the global Industry is divide into Carbon Dioxide Sensors, Carbon Monoxide Sensors, NOx Sensors, Oxygen/Lambda Sensors, and Other Products. On the basis of Technology, the global market is divided into; Solid State/MOS, PID, Catalytic, Infrared (IR), Electrochemical, Semiconductor, and other technologies. By End-user, the market is classified as; Environmental, Petrochemical, Automotive, Industrial, Medical, Building Automation & Domestic Appliances, and Other End Users. Geographically, the global gas sensors market is segmented into regions which are; Europe (Germany, Spain, Italy, France, UK and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea and Rest of Asia Pacific), North America (the United States, Mexico and Canada) and Rest of the World (Brazil, Saudi Arabia, South Africa, United Arab Emirates and Others).

Gas Sensors Industry Regional Outlook:
In 2013, Asia Pacific regional Gas Sensors Industry was the top regional segment and reported for around 25% of global market revenue, largely owing to technological innovations in this region. Increasing demand for incorporated products utilized in hand-held equipment has also stimulated the market growth activities. Moreover, encouraging government regulations like the Wealth and Welfare, Industrial Safety Act are anticipated to drive regional market demand. Energy conservation initiatives and emission control standards are expected to support the market demand for the European automotive sector. Increasing uses of these devices and rising demand from end-user industries are also estimated to be the key growth drivers for this market.

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Reasons to buy a Exclusive report?
1) An extensive research study on the Global Gas Sensors Industry, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Gas Sensors Industry.

2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.

3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
4) Increasing use of gas sensors mainly in process industry and healthcare sector is the driving factor for the global market while rising cost is the restraining one.
5) Major market players in the global Gas Sensors Industry are investing heavily in research and development to develop wider product range that matches exclusive necessities of each application.
6) In 2013, Europe region ruled the global demand with an estimated market share of over 30%. Asia-Pacific region followed the Europe with significant market share.

Major TOC of Gas Sensors Industry:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview

Chapter4. Market Analysis by Regions
Chapter5. Gas Sensors Industry, By Product
Chapter6. Gas Sensors Industry, By Technology
Chapter7. Gas Sensors Industry, By End User
Chapter8. Company Profiles
8. Company Profiles
8.1. Aeroqual Ltd.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Key Financials
8.1.4. Strategic Developments

8.2. ABB Ltd.
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Key Financials
8.2.4. Strategic Developments

8.3. City Technology Ltd.
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Key Financials
8.3.4. Strategic Developments

8.4. Figaro Engineering Inc.
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Key Financials
8.4.4. Strategic Developments

8.5. Dynament Ltd
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Key Financials
8.5.4. Strategic Developments
…CONTINUED FOR TOC

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