Press release
Chemical Sensors Market Insights, Forecast to 2025: By Product, Application, Manufacturer, Sales and Segmentation
The main objective of this report is to define, describe, and forecast the global “Chemical Sensors” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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This report presents the worldwide Chemical Sensors market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
A chemical sensor is a device that transforms chemical information (composition, presence of a particular element or ion, concentration, chemical activity, partial pressure) into an analytically useful signal. The chemical information, mentioned above, may originate from a chemical reaction of the analyte or from a physical property of the system investigated. They can have applications in different areas such as medicine, home safety, environmental pollution and many others.
The top manufacturers are ABB, 3M, Emerson Electric, Delphi Automotive, Delphian Corporation, NGK SPARK PLUG, Honeywell, Siemens, Xylem Inc, Thermo Fisher Scientific, Teledyne Technologies Incorporated, Industrial Scientific and GE Measurement & Control. The competition is intense. The market for chemical sensors can be segmented on the basis of technology such as optical, electrochemical, Semiconductor, catalytic bead and others. These sensors are widely used in automotive, medical, industrial and some other industries. North America and Europe are leading regions for this market whereas Asia Pacific and RoW are expected to show significant demand in near future.
A continued rebound in light vehicle production, along with the increasing use of advanced, higher cost universal exhaust gas oxygen (UEGO) sensors to improve vehicle fuel efficiency and performance, will drive advances. Growth will also be supported by healthy increases in medical chemical sensor demand as the continued aging of the baby boomer generation leads to above average growth in the diagnosis of diabetes and other chronic conditions. More broadly, gains across the entire industry will be supported by strong unit volume demand as lower average prices for most product types, and improved chemical sensor performance due to technology advancements, encourage expanded sensor use and facilitate the development of new applications and markets.
Chinas chemical sensors industry has developed into a national wide status with certain research and production capacity, industry product mix has gradually improved. The production technology in China is relatively laggard to produce some low-end product and the high-end product is still relying on import.
Although chemical sensors brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The Chemical Sensors market was valued at 22900 Million US$ in 2017 and is projected to reach 40800 Million US$ by 2025, at a CAGR of 7.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Chemical Sensors.
The following manufacturers are covered in this report:
ABB
3M
EmersonElectric
DelphiAutomotive
DelphianCorporation
NGKSPARKPLUG
Honeywell
Siemens
XylemInc
Thermo Fisher Scientific
TeledyneTechnologiesIncorporated
IndustrialScientific
GEMeasurement&Control
Nemoto
DENSOAutoParts
IntelligentOpticalSystems
InternationalSensor
MineSafetyAppliancesCompany
Bosch
Chemical Sensors Breakdown Data by Type
Electrochemical Sensors
Optical Sensors
Semiconductor Sensors
Pellistor/Catalytic Bead Sensors
Other
Chemical Sensors Breakdown Data by Application
Industrial
Environmental Monitoring
Medical
Homeland Security
Automotive
Chemical Sensors Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Chemical Sensors Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Chemical Sensors status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Chemical Sensors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Chemical Sensors :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Chemical Sensors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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