A gas sensor is a type device which detects the existence or concentration of gases in the atmosphere or environment. Based on the presence of gases in the environment, the gas sensor exhibits a change in resistance of the material used in the sensor, which in turn is utilized to measure output voltage. Based on this change in voltage value, the type and presence of gas is detected. Gas sensors can detect variable compounds such as gases and air quality. The factors accelerating the global gas sensors market are escalating demand for gas sensors in the end-user industries such as pharmaceuticals, mining, chemical, healthcare, oil & gas and power for detecting and monitoring the concentration of combustible and toxic gases. These sensors are used to detect several gases such as carbon dioxide, oxygen, carbon monoxide, hydrogen sulfide, ammonia and hydrocarbons released into the air by these critical industries. Extreme emissions of these harmful gases in the air harm human health. Surging demand for preventing gas harmful events and detecting harmful gases in the environment around the world has accelerated the market growth. Also, the increasing demand for oxygen gas during the COVID-19 pandemic to offer oxygen to the infected patients around the world has driven the gas sensors market growth. For instance, gas sensors are highly used in the oxygen concentrator plant to prevent leakages and allow safe oxygen forming. Various leading players in developing countries plan to install new oxygen plants to meet the global oxygen gas demand needs for the COVID-19 infected patients. On the other hand, the development of new and innovative gas sensors is time consuming process which is restraining the market.

Furthermore, in smart cities, IoT based wireless gas sensors can be adopted to detect pollution levels in air and preemptive fire conditions and to monitor the combustion of gases, among other purposes. With the IoT gas sensors air quality information can be collected thoroughly, analyzed, and shared on a real-time basis, which will subsequently contribute to healthier smart cities. Moreover, the aggressive investments in smart city projects across the world will bode well for the growth of the market since the air quality equipment are integrated with a several smart pole. Furthermore, the strict laws and regulations promoting the deployment of gas detectors are projected to propel the growth of the market over the forecast period.

The global Gas Sensors Market is segregated on the basis of Technology as Infrared Gas Sensors, Photo Ionization Sensors, Electrochemical Gas Sensors, Thermal Conductivity Gas Sensors, Metal oxide-based gas sensor, Catalytic Gas Sensor and others. Based on Gas Type the global Gas Sensors Market is segmented in Carbon Monoxide, Methane, Hydrogen, Ammonia, Oxygen and Others. Based on End Use the global Gas Sensors Market is segmented in Defense & military, Healthcare, Consumer Electronics, Automotive & Transportation, Industrial and Others.

The global Gas Sensors Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Gas Sensors Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Figaro Engineering Inc., City Technology Ltd, Honeywell Analytics, Membrapor, AMS AG and others are among the major players in the global Gas Sensors Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In August 2020, Sensirion AG (Switzerland) introduced the new SGP40 VOC (volatile organic compound) sensor for indoor air quality purpose such as automated air quality control systems (kitchen hoods, air purifiers, demand-controlled ventilation systems, etc.) and air quality monitoring.
• In May 2019, MSA Safety Inc. (US) acquired Sierra Monitor Corporation based in US a key provider of fixed gas and flame detection (FGFD) instruments and Industrial Internet of Things (IIoT) solutions, for $ 33 million.
• In January 2019, Amphenol (US) acquired SSI Controls Technologies a sensor manufacturing division of SSI Technologies, Inc. for $ 400 million. SSI Control Technologies is a key designer and manufacturer of sensors and sensing solutions for the automotive and industrial markets. This acquisition will support Amphenol to extend its product portfolio in the sensor business.

The global Gas Sensors Market has been segmented as below:

Gas Sensors Market, By Technology

• Infrared Gas Sensors
• Photo Ionization Sensors
• Electrochemical Gas Sensors
• Thermal Conductivity Gas Sensors
• Metal oxide-based gas sensor
• Catalytic Gas Sensor
• others

Gas Sensors Market, By Gas Type

• Carbon Monoxide
• Methane
• Hydrogen
• Ammonia
• Oxygen
• Others

Gas Sensors Market, By End Use

• Defense & military
• Healthcare
• Consumer Electronics
• Automotive & Transportation
• Industrial
• Others

Gas Sensors Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Gas Sensors Market, By Company

• Figaro Engineering Inc.
• City Technology Ltd
• Honeywell Analytics
• Membrapor
• AMS AG
• Alphasense
• Dynament
• MSA
• Sensirion AG.
• Amphenol Corporation
• ABB
• Figaro Engineering Inc.
• Nemoto & Co. Ltd.
• Robert Bosch LLC
• Siemens
• GfG Gas Detection UK Ltd.
• FLIR Systems, Inc.
• Trolex Ltd

The report covers the below scope:

• Global Gas Sensors Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Gas Sensors Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Gas Sensors Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Gas Sensors Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Gas Sensors Market share. Major industry players with significant revenue share include Figaro Engineering Inc., City Technology Ltd, Honeywell Analytics, Membrapor, AMS AG and others.

Why to Buy this Report:

• Gain detailed insights on the Gas Sensors industry trends
• Find complete analysis on the market status
• Identify the Gas Sensors Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

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