Gas Sensors Market in Infrared Segment is Expected to Gain Momentum Over 2018 – 2024 | Leading Players are ABB, ams AG, DENSO, Siemens, Yokogawa, AlphaSense, Inc.

The infrared gas sensors market growth is expected to gain momentum over the forecast timespan due to advantages such as simple design and easy maintenance & operability. The components based on infrared technology are less expensive and offer high durability. These components have been proven highly effective for the measurement of carbon dioxide and hydrocarbons.

The growing trend of integration of gas sensors with wearable and handheld devices is expected to propel the gas sensors market growth. These components enhance the functionality of these devices, allowing users to assess air quality and monitor the environment. The use of these components in fitness wearable devices such as Fitbit allows users to diagnose and monitor the health and exercise environment. The companies are investing in the development of these components to make them conducive to be used in wearable devices.

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The major manufacturers covered in this report: -
1. ABB
2. ams AG
3. BlueSens gas sensor GmbH
4. DENSO
5. eLichens
6. OptoSense
7. Sensors, Inc.
8. Siemens
9. Yokogawa
10. City Technology
11. DYNAMENT
12. AlphaSense, Inc.
13. Amphenol Advanced Sensors
14. Bosch Sensortec GmbH
15. Figaro USA Inc

Consumer electronics applications are expected to accelerate the growth of the gas sensors market due to the increasing use of these components in handheld devices. With increasing competition amongst smartphones, tablets, and mobile device manufacturers, these companies are seeking to enhance the sensing capabilities. This is increasing the demand for air quality sensors to monitor the level of environmental pollution. Companies such as SGX Sensortech are working in collaboration with device manufacturers to reduce cost, power requirements, and the size of gas sensors to be efficiently implemented in handheld devices.

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The 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 gas sensors industry. 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. Beijing and Shanghai are touted to be pivotal contributors to the rapidly deteriorating outdoor air quality, that exceeded the set particulate matter concentration by the WHO by a substantial proportion in 2017, which has further impelled China gas sensors market.

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With the expanding application spectrum of gas sensors industry across a myriad range of sectors including consumer electronics, medical, environmental, petrochemical, automotive, industrial and the increasing trend of wireless and miniatured devices, it is overt for this business space to record commendable gains in the ensuing years. Statistics project the global gas sensors market size to surpass USD 3 billion by 2024.

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