Press release
Volatile Organic Compound Gas Sensor Market Size, Share, Price, Growth, Report, Forecast 2023-2028
According to the report by Expert Market Research (EMR), the global volatile organic compound gas sensor market size, reached a value of approximately USD 154.18 million in 2022. Aided by the increased awareness regarding indoor and outdoor air quality and rise in environmental concerns, the market is projected to further grow at a CAGR of 5.10% between 2023 and 2028 to reach a value of USD 205.75 million by 2028.Volatile organic compounds (VOCs) are gases that are emitted from certain solids or liquids, including paints, cleaning supplies, pesticides, building materials, and office equipment, among others. They contribute significantly to air pollution and can have adverse health effects, thereby necessitating monitoring and control. VOC gas sensors detect these gases and are thus integral to maintaining air quality, particularly in industrial, residential, and commercial environments.
The global rise in environmental concerns is a significant driver of the volatile organic compound gas sensor market growth. Increasing pollution levels have led to a surge in health-related issues such as respiratory problems, allergies, and other ailments. This has intensified the need for VOC gas sensors, particularly in densely populated urban areas.
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Additionally, the broadening applications of VOC gas sensors across various industries further boosts the volatile organic compound gas sensor market expansion. In the industrial sector, these sensors are used to monitor and control emissions, ensuring compliance with environmental regulations. They also find applications in the building and construction industry, where they are used to monitor indoor air quality.
In the automotive industry, VOC gas sensors are used to monitor cabin air quality and detect fuel leaks. As global vehicle production rates continue to rise, the use of these sensors in the automotive sector is expected to surge. Furthermore, the emergence of electric vehicles, which heavily rely on batteries, entails the need for VOC gas sensors to detect potential battery leaks, thereby supporting the volatile organic compound gas sensor market development.
The healthcare sector also employs VOC gas sensors for various applications, including patient monitoring and disease diagnosis. For instance, certain diseases can alter the patient's breath composition, which can be detected using these sensors, thus increasing the volatile organic compound gas sensor market demand. With the continuous advancements in healthcare technology and growing emphasis on early disease detection, the demand for VOC gas sensors in the healthcare industry is set to rise.
The introduction of advanced and more sensitive VOC gas sensors is expected to boost the volatile organic compound gas sensor market growth further. The advent of nanotechnology and Internet of Things (IoT) has led to the development of more accurate and reliable sensors that provide real-time monitoring and control.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/volatile-organic-compound-gas-sensor-market-report
Market Segmentation
The market can be divided based on technology, type, end use, and region.
Market Breakup by Technology
Photo-Ionisation Detector (PID)
Infrared-Based Detection
Metal-Oxide Semiconductor
Others
Market Breakup by Type
Single Gas Detection Sensor
Multiple Gas Detection Sensor
Market Breakup by End Use
Oil and Gas
Agriculture
Manufacturing
Automotive
Chemical Industry
Food and Beverages
Metals and Mining
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global volatile organic compound gas sensor companies. Some of the major key players explored in the report by Expert Market Research are as follows:
Figaro Engineering Inc.
ams AG
Honeywell International Inc.
Siemens AG
Teledyne FLIR LLC
Aeroqual Limited
Alphasense Ltd
Drägerwerk AG & Co. KGaA
Global Detection Systems Corp.
Others
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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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