Comprehensive Analysis on Gas Sensors Market? | ABB, ams AG, DENSO, Siemens, Yokogawa, AlphaSense, Inc.

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.

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.

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The key players covered in gas sensors market study: -
1. ABB
2. ams AG
3. DENSO
4. Siemens
5. Yokogawa
6. City Technology
7. AlphaSense, Inc.
8. Amphenol Advanced Sensors
9. Bosch Sensortec GmbH

Some Points From Table Of Content: -

Chapter 3 Gas Sensors Market 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 detectors
3.4.4 Flexible printed gas sensors
3.4.5 E-nose
3.4.6 Carbon nanotubes
3.4.7 Zeolites
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
3.5.3 OSHA
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing government initiatives and regulations
3.6.1.2 Development of wireless MEMS-based sensors in North America
3.6.1.3 Growing demand in IoT applications in the U.S.
3.6.1.4 Increasing awareness regarding air quality control in Europe
3.6.1.5 Increasing demand from automotive industry in Asia Pacific
3.6.1.6 Growing adoption in consumer electronics in Latin America
3.6.1.7 Rising demand from oil and gas industry in MEA
3.6.2 Industry pitfalls and challenges
3.6.2.1 Technical issues and high costs

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Oxygen gas sensors market will grow at a high rate due to the growing demand for these components in medical devices. These are used in the medical sector in devices such as ventilators, analyzers, oxygen monitors, and anesthesia machines. These components are also widely used in automotive applications for driver safety. These are used to determine the air-to-fuel ratio in automobile engines in real time.

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.

The Asia Pacific gas sensors market will grow rapidly due to the growing production of electrical and electronic components in the region. Changing regulatory environment is mandating companies to enhance employee safety in manufacturing facilities, increasing the demand for these components.

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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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