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The global gas sensor market attained a value of nearly USD 1026.98 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.6% to reach about USD 1826.45 million by 2032.
The gas sensor industry in the Asia Pacific is expected to grow at a robust rate during the forecast period of 2024-20321. Owing to the increasing industrialisation within the countries of the Asia Pacific, the gas sensor industry is likely to further grow in the region.
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Within the region, China and India are some of the leading markets for gas sensor, aided by the rapid growth of the manufacturing industry in the countries. The rising demand for gas sensors in India has been aided by the growth of the pharmaceutical industry in the region, with India being one of the largest providers of genetic drugs. These companies use a significant amount of solvents and gases that are required to be monitored, thus, accelerating the growth of the gas sensors industry. In China, the market has been aided by the robustly growing automotive industry in the region.
Gas sensor (also known as gas detector) is used to detect and identify various types of gases in order to guarantee safety during the production process. It is installed to detect toxic or explosive gases, natural gas leakages, and to measure gas concentration in factories and manufacturing sites. It is often a part of larger implanted devices, such as HAZMAT (Hazardous Materials) and security systems, and it is normally connected to an audible alarm or interface.
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Based on gas type, the market can be segmented into:
The major technology segments in the market are:
The market can be broadly categorised on the basis of its end user into:
The EMR report looks into the regional markets of gas sensor like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The rising need for detecting and monitoring these gases and taking corrective measures so that a limited amount of such gases are released directly into the atmosphere has aided the growth of the market. Industries like oil and gas, chemical, mining, and power use gas sensors to detect and monitor the presence of toxic and flammable gases and have contributed extensively to the demand growth of gas sensors. Excess emissions of gases like carbon monoxide, carbon dioxide, ammonia, and hydrocarbons, among others, in the air, can unfavourably affect human health. There are some explosive gases that can lead to fire accidents, such as methane, propane, and butane, among others, for which the gas sensors are extremely important. These factors have catalysed the adoption of gas sensor.
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The report presents a detailed analysis of the following key players in the global gas sensor market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Gas Type |
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Breakup by Technology |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global gas sensor market attained a value of nearly USD 1026.98 million.
The market is projected to grow at a CAGR of 6.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 1826.45 million by 2032.
The major market drivers include rapid urbanisation and industrialisation and the rising demand for gas sensors in various end-use sectors, including automotive, healthcare, and defence and military, among others.
The key trends guiding the market growth are the growing integration of nanotechnology in gas sensors and the surging demand for detecting and monitoring gases in the oil and gas and chemical sectors.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various gas types covered in the market report are carbon monoxide, methane, hydrogen, ammonia, and oxygen, among others.
The significant technologies considered in the market report are infrared gas sensor, photo ionisation sensor, electrochemical gas sensor, thermal conductivity gas sensor, metal oxide-based gas sensor, and catalytic gas sensor, among others.
Defence and military, healthcare, consumer electronics, automotive and transportation, and industrial, among others, are the major end users of gas sensors.
The major players in the market are Amphenol Corporation, Alphasense, Inc., Dynament Limited, Gastec Corporation, and Honeywell International Inc., among others.
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