The latest report on Gas Sensor Market by Infinium Global Research gives complete coverage of the Gas Sensor Market by technology (semiconductor, infrared, solid state, laser, photo ionization detector, catalytic), gas type (oxygen, hydrogen, carbon monoxide, chlorine, carbon dioxide, ammonia), end-use (automotive, industrial, consumer electronics) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and applications trends in the regional markets of Gas Sensor such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Hydrogen Sulfide and Nitrogen Dioxide is Driving the Growth of Global Gas Sensor Industry
A gas sensor is a device measures the presence or concentration of gases in a particular area and is often integrated into the safety system. These type of sensor devices are essential for the protection of life because there are several gases, which are harmful to organic life such as human, animals and so on. Gas sensor plays a vital role in gas leak detection. Gas sensor usually employs an audible alarm to alert people when a hazardous gas has been detected. Catalytic bead gas sensors, thermal conductivity gas sensors, infrared gas sensors, and semiconductor (metal-oxide) gas sensors are some common types of gas sensors usually used in various application.
The growing use of the gas sensor in petrochemical, oil, and gas, and industrial sector in order to detect toxic and combustible gases, including hydrogen sulfide and nitrogen dioxide is driving the growth of global gas sensor market. Chemical and petrochemical plants are the largest sources of emission of hazards gases during the manufacturing process. The automotive industry is another major application of the gas sensor. The need for monitoring fuel emission, better safety, and comfort in automotive led the demand of gas sensor market.
In addition, strict rules and regulation by several government bodies related to the increase in emission of hazardous gas have led the demand of the gas market. Moreover, growing awareness regarding the emission of harmful gases coupled with growth in the adoption of wireless and smart sensor technologies are a positive impact on the gas sensor market. However, the complex design of the gas sensor and high cost related to advanced technologies are some factors restraining the growth of the market. Furthermore, escalating industrialization in developing countries and surge in the inflow of investments of distribution channels are creating growth opportunities for the gas sensor market during the forecast period.
Among the region, Asia Pacific holds maximum share in the gas sensor market owing to the rise in manufacturing industries in the developing countries such as India and China. Moreover, the growing use of the gas sensor in the consumer electronics applications drives the demand of the market. The Asia Pacific region has the largest automotive market and increasing use of the gas sensor in automobile led the demand of gas sensor market. Advancement in the sensor technologies and increase in end-use industries are primarily driving the growth of the market. North America region is expected to significant growth rate during the forecast period. Additionally, the presence of leading sensor manufacturers in the U.S. is further producing prospects for gas sensor market development in the region.
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- Comprehensive analysis of global as well as regional markets of the Gas Sensor.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.