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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

07-03-2019 09:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Gas Sensors Market

Gas Sensors Market

In an era driven by advanced technological developments, gas sensors market has emerged as one of the most profitable revenue generating spheres. Indeed, the product has been under luminous observation by several industries and researchers, that have been continuously striving to enhance the application scope of the gas sensors. As of now, these sensors have been extensively used in several industrial plants, environmental monitoring systems, and automotive technologies.

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Key Companies in Global Gas Sensors Market: -

• ABB Ltd.
• Aeroqual Ltd.
• Alphasense Ltd
• Amphenol Corporation
• 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
3.4.5 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

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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.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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