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Volatile Organic Compound Gas Sensor Market 2021 Precise Outlook - EcoSensors, SGX Sensortech, GfG Europe Ltd., Integrated Device Technology, Inc., Aeroqual Limited

01-05-2022 10:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

The Volatile Organic Compound Gas Sensor Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The volatile organic compound gas sensor market was valued at USD 152.4 million in 2019, at a CAGR of 7% during the forecast period (2020 - 2025).

Get Free Sample Copy of this Report:

https://www.marketinsightsreports.com/reports/01091746482/volatile-organic-compound-gas-sensor-market-growth-trends-and-forecast-2020-2025/inquiry?Mode=PD11                                                        

Top Leading Companies of Volatile Organic Compound Gas Sensor Market are EcoSensors, SGX Sensortech, GfG Europe Ltd., Integrated Device Technology, Inc., Aeroqual Limited, Alphasense, ABB Ltd., Ion Science Ltd and others.

Industry News and Updates

June 2018 - Integrated Device Technology, Inc. launched its new ZMOD family of integrated gas sensors that offer best-in-class stability and sensitivity for measuring volatile organic compound (VOC) gases. These sensors are ideal for indoor air quality applications, including smart thermostats, air purifiers, smart HVAC equipment, and other smart home devices.

Key Market Trends

Oil & Gas is expected to Hold the largest Share

- The increasing initiatives by the government and the related regulatory bodies to meet the growing energy demand are increasingly launching new projects to accomplish the objective. Since the energy sector is prone to the emission of gases that are volatile in nature, it would propel such bodies to instill solutions such as VOC gas sensors.

- In September 2018, Adnoc LNG awarded an EPC contract for the second phase of its Integrated Gas Development Expansion (IGD-E) project to Spain's Tecnicas Reunidas and Arabtec's Target Engineering for USD 860 million (AED 3.16 billion). Such instances are expected to boost the adoption of the technology over the forecast period.

- The increasing demand for fuels and natural gases have propelled the players in the region to either boost their production or to look for expansion of their production capabilities. Such instances are expected to fuel the adoption of the VOC gas sensors over the forecast period.

- According to the BP Statistical Review of World Energy of 2019 Global oil production rose by 2.2 million b/d. Almost all of the net increase was accounted for by the US, with their growth in production (2.2 million b/d) a record for any country in any year. Elsewhere, production growth in Canada (410,000 b/d) and Saudi Arabia (390,000 b/d) was outweighed by declines in Venezuela (-580,000 b/d) and Iran (-310,000 b/d).

Regional Outlook of Volatile Organic Compound Gas Sensor Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

Browse Full Report at:

https://www.marketinsightsreports.com/reports/01091746482/volatile-organic-compound-gas-sensor-market-growth-trends-and-forecast-2020-2025?Mode=PD11                                                               

What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Volatile Organic Compound Gas Sensor Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com).

Contact US:
Irfan Tamboli (Head of Sales) : Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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