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Gas Sensors Market Size 2022 Industry Recent Developments and Technology, Size, Trends, Growth, and Forecast Research Report 2025
The Gas Sensors Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2025. The structured analysis contains graphical as well as a diagrammatic representation of the global Gas Sensors Market with its specific geographical regions.The Global Gas Sensors Market Size is Projected to Reach at a CAGR of 6.7% during 2022-2025.
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Key players in the global Gas Sensors Market covered:
Figaro Engineering Inc., Membrapor AG., AlphaSense, Inc., Nemoto & Co., Ltd, Robert Bosch GmbH, Amphenol Advanced Sensors, AMS AG, Trolex Ltd., ABB Ltd., Siemens AG, City Technology Ltd.,
Recent Development:
- Jan 2019 - Firago Engineering Inc. revealed its new digital TGS8101 IAQ sensor. It is an ultra-compact sensor for gas, relative humidity, and temperature and is expected to launch by the middle of this year. The gas sensor consists of a metal oxide compound on a micro hot plate assembled for high operating temperatures that make it possible to detect VOCs and alcohol gas.
- Feb 2018 - Underwriters Laboratories, released two new smoke alarm and detector standards in its seventh edition (UL 217 & UL 268). The seventh edition of this standard is set to take effect in May 2020. It is focused on minimizing false alarms, also known as nuisance alarms, and at detecting different smoke characteristics. Hence, the new smoke detectors in 2020 will now be able to differentiate between smoke from burning food or cooking and other non-lethal sources from actual life-threatening smoke.
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Key Market Trends
Safety and Regulations are Paramount Driver for Industrial Implementation
- In recent years, several types of gases have been used in different areas of industries as raw materials. It becomes crucial to control and monitor these gases, as there is a considerable risk of damage to property and human lives if a leak occurs. The necessity to continually monitor and control the gases emitted has sprouted the need for gas sensors in the industries.
- The stringent government regulations for making the industries safer, applications of gas sensors are mandated. This also made industries more confident towards prevention of accidents related to gas leaks.
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Asia-Pacific is Expected to be the Fastest Growing Market
- Similar to the global market, even Asia-Pacific is the amalgamation of mature and emerging markets overall. As the major countries like China and India are the fastest developing countries in the world overall, the industries setup are taking place at burgeoning growth.
- Chinese automotive market has the largest scale in the world. According to OICA and CAAM, around 24 million passenger cars were produced in 2018. With this huge production capacity, China is ranked first in automotive production and also is one of the significant drivers for gas sensors market in this country.
Table of Contents: Gas Sensors Market
- Chapter 1: outline of Gas Sensors marketplace
- Chapter 2: worldwide market reputation and forecast through areas
- Chapter 3: worldwide marketplace popularity and forecast by using types
- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise
- Chapter 5: marketplace riding issue evaluation
- Chapter 6: market opposition reputation by major producers
- Chapter 7: essential producers Presentation and market data
- Chapter 8: Upstream and Downstream marketplace investigation
- Chapter 9: Fetched and net part investigation
- Chapter 10: marketplace file end
- Chapter 11: research technique and Reference
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