What’s driving the Gas Sensors Market Share? | Key Players are City Technology Ltd., Dynament Ltd., Alphasense, Amphenol Advanced Sensors, Bosch Sensortec GmbH, and Figaro Engineering, Inc
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Key Companies in Global Gas Sensors Market: -
• ABB Ltd.
• Aeroqual Ltd.
• Alphasense Ltd
• Amphenol Corporation
• AMS AG
• BlueSens Gas Sensor GmbH
• Bosch Sensortec GmbH
• City Technology Ltd
• Denso Corporation
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 detectors
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
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Speaking about the automated and reliable functionality of the devices due to the integration of sensors, it is prudent to mention that the operation of these devices in smartphones and wearables has indeed transformed their applicability. Powered by the growing inclination of consumers toward the usage of highly innovative electronic appliances for energy efficiency and user-friendly handling, gas sensors market share from consumer electronics application was pegged around USD 150 million in 2017.
Presently, these sensors have been installed on the robots which are usually deployed in the pipelines to identify hydrogen sulfide, petroleum, and other toxic gases leakage at chemical plants. The increasing adoption of wireless technologies at chemical plants for reducing the hazards associated with the leakage of various toxic gases is slated to stimulate gas sensors market trends over the years ahead.
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Though the evolving technology trends and industrialization have brought in quite some comfort for the masses, the depleting quality of air due to the emission of pollutants from most of the industries have generated concern among regulatory bodies. On that note, in most of the countries, regulators are implementing strict norms to measure and control the emission of hazardous pollutants from these industries, that would impel the gas sensors market trends.
According to the World Health Organization, nearly 4.2 million people die annually due to outdoor air pollution. More precisely, approximately 91% of the world’s population lives in the places where WHO guideline limits are violated. This goes on to prove that the necessary action taken by the regulatory bodies and regional governments to reduce the emission of harmful pollutants and to minimize the exposure levels will boost gas sensors market size.
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