Sep 23, 2020 6:00 AM ET
iCrowd Newswire – Sep 23, 2020
Gas Sensors Market 2020
Gas Sensors are effective detectors with modern IoT technology. They offer a maximum level of accuracy, flexibility, and reliability for different application in different industries. For example, condition monitoring, remote monitoring, stimulation, and analysis. The sensors are generally used to evaluate the level of pressure, flow, and temperature.
With the innovation of modern technologies and increasing awareness of safety, there is enormous demand for such sensors in the upstream sectors. The demand for the sensors is expected to grow significantly during the forecast period.
Top Market Players or Companies
Some leading players are greatly influencing the Global Gas Sensors Market. The companies are
Amphenol Corporation (US),
City Technology Ltd (U.K),
SenseAir AB (Sweden),
Bosch Sensortec (Germany),
AMS AG (Austria),
Membrapor AG (Switzerland),
Figaro Engineering Inc. (Japan),
Sensirion AG (Switzerland).
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Global Market Segmentation of This Market
The Global Gas Sensors Market is segmented based on product technology, gas type, application, and regions.
Based on the technology, the market is split into photoionization detectors, electrochemical, catalytic, infrared, solid-state/metal oxide semiconductor, holographic, laser, and zirconia.
Coming to the market segmented under the gas type, there are carbon monoxide, oxygen, ammonia, carbon dioxide, chlorine, ammonia, nitrogen oxides, hydrogen sulphide, methane, volatile organic compounds, hydrogen, and hydrocarbons.
Talking about the application, there are medical, water & wastewater treatment, oil & gas, food & beverages, metals & chemicals, consumer electronics, automotive and transportation, power station, mining and environmental monitoring.
The report shows the oil & gas industry holds the maximum market share as the number of new oil and gas projects is increasing rapidly. On the other side, in the developing countries, oil & gas industries are also growing.
The increasing demand for oxygen sensors is expected to drive market growth during the forecast period. On the other side, growing traction of IoT applications is also a significant factor which is fuelling the market growth.
Geographical Market Segmentation of the Product
The World Gas Sensors Market has been segmented into some significant regions and countries. These are North America, Canada, US, America, Europe, Germany, Mexico, France, Italy, UK, Spain, Rest of Europe, China, Japan, Asia Pacific, India, Rest of Asia Pacific, the Middle East & Africa, Latin America, and the Rest of the World.
As per the report, Asia Pacific is expected to account for the largest market share. Besides, it is also likely to grow with a maximum compound annual growth rate from 2018 to 2023, which is the forecast period. The reason behind such tremendous growth is the technological advancements and growing adoption of sensors application across different industries.
Latest Market News
Amphenol Corporation has introduced its new NovaSensor which comes equipped with the advanced design tools. It is the leader in model and fabrication of MEMS-Microelectromechanical Systems.
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Table of Contents –Analysis of Key Points
Global Gas Sensors Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
Gas Sensors Global Market Analysis by Regions
North America Gas Sensors by Country
Europe Gas Sensors by Country
Asia-Pacific Gas Sensors by Country
South America Gas Sensors by Country
Africa and Middle East Gas Sensors by Countries
Gas Sensors Global Market Segment by Type
Gas Sensors Global Market Segment by Application
Gas Sensors Market Forecast (2019-2025)
Sales Channel, Distributors, Traders and Dealers
Research Findings and Conclusion
List of Tables and Figures
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