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Gas Sensors Market by Type (Electrochemical, Semiconductor, Catalytic Bead, Infrared, Photoionization), by Application (Environmental Monitoring, Industrial Safety, Automotive, Medical, Building Automation, Agriculture & Food), by End-User Industry (Manufacturing Industries, Oil & Gas, Automotive, Healthcare, Chemical & Petrochemical, Environmental Monitoring Agencies), by Gas Type (Oxygen, Carbon Dioxide, Nitrogen Dioxide, Ammonia, Carbon Monoxide, Methane), and by Region; Global Insights & Forecast (2024 – 2030)

Published: December, 2024  
|   Report ID: SE4570  
|   Semiconductor and Electronics

As per Intent Market Research, the Gas Sensors Market was valued at USD 1.6 billion in 2023 and will surpass USD 2.7 billion by 2030; growing at a CAGR of 8.3% during 2024 - 2030.

The global gas sensors market is experiencing significant growth, driven by increasing concerns over environmental pollution, workplace safety, and air quality monitoring. Gas sensors are essential for detecting the presence of hazardous gases in various industries such as automotive, healthcare, manufacturing, and environmental monitoring. These sensors are designed to detect and monitor gases like carbon monoxide (CO), carbon dioxide (CO2), methane (CH4), ammonia (NH3), and nitrogen dioxide (NO2), among others. With the growing emphasis on automation and smart technology, gas sensors equipped with IoT capabilities are increasingly becoming a key component in connected solutions for real-time monitoring and data analysis. The market is expanding due to factors such as regulatory pressures for pollution control, technological advancements, and rising consumer awareness of environmental health risks.

Electrochemical Gas Sensors Segment is Largest Owing to Their Wide Application

Electrochemical gas sensors hold the largest share in the gas sensors market, primarily due to their widespread adoption across various industries. These sensors are highly favored in applications requiring detection of oxygen, carbon monoxide, and other harmful gases. Electrochemical sensors are known for their accuracy, reliability, and compact design, making them ideal for use in environments such as automotive emissions monitoring, industrial safety, and environmental air quality monitoring. They function by measuring the current generated during a chemical reaction between the target gas and an electrode, offering real-time data with high sensitivity.

Electrochemical gas sensors are also widely used in medical applications, where the detection of gases like oxygen and carbon dioxide is critical for patient care and ventilation systems. The ongoing advancements in sensor technology have also contributed to the growth of this subsegment, with improved sensor performance and extended lifespans. As industries continue to prioritize safety and environmental standards, the demand for electrochemical gas sensors is expected to remain robust, solidifying its position as the largest subsegment in the market.

Gas Sensors Market Size

Environmental Monitoring Segment is Fastest Growing Due to Rising Pollution Levels

The environmental monitoring application segment is the fastest growing in the gas sensors market. With increasing concerns about air pollution and its impact on public health, governments and industries are focusing on improving air quality monitoring systems. Gas sensors play a crucial role in detecting pollutants like nitrogen dioxide (NO2), sulfur dioxide (SO2), and particulate matter, which are harmful to both human health and the environment. The growing adoption of regulatory measures aimed at reducing emissions, such as stricter air quality standards, is driving the demand for gas sensors in environmental monitoring systems.

Additionally, the rise of smart cities and the Internet of Things (IoT) is propelling the demand for real-time environmental monitoring solutions. Sensors that are capable of transmitting data to central systems are becoming increasingly popular for urban air quality management. The ability to collect and analyze large amounts of environmental data is enabling faster response times to pollution-related health risks. This has made the environmental monitoring segment a key driver of the gas sensors market, with growth expected to continue in the coming years.

Healthcare End-User Segment is Largest Owing to Rising Focus on Patient Safety

The healthcare end-user segment is the largest in the gas sensors market, largely due to the critical role these sensors play in patient safety and medical diagnostics. Gas sensors are used extensively in hospitals, clinics, and medical facilities for monitoring the levels of oxygen, carbon dioxide, and other gases in respiratory equipment, anesthesia machines, and ventilators. With the increasing prevalence of respiratory diseases and conditions such as sleep apnea, asthma, and chronic obstructive pulmonary disease (COPD), the demand for accurate gas detection in healthcare settings has surged.

Moreover, the ongoing innovations in healthcare technology and the integration of IoT solutions for remote monitoring are further boosting the adoption of gas sensors in the healthcare sector. Real-time monitoring of air quality and gases in medical environments not only ensures patient safety but also helps healthcare providers comply with stringent regulations regarding air quality and patient care standards. As hospitals and clinics continue to prioritize patient safety, the healthcare segment will remain the largest end-user of gas sensors.

Smart Packaging Technology Segment is Fastest Growing Due to IoT Integration

In the gas sensors market, the smart packaging technology segment is the fastest growing. The integration of IoT with gas sensors has paved the way for the development of smart packaging solutions, especially in industries such as food and beverage, pharmaceuticals, and logistics. Smart gas sensors embedded in packaging can monitor the freshness and safety of products by detecting the presence of gases emitted by deteriorating food or pharmaceutical products. These sensors help prevent spoilage, extend shelf life, and ensure product quality, all while providing real-time data to manufacturers, retailers, and consumers.

The growth of this segment is being driven by the increasing demand for enhanced supply chain visibility and product safety. With the rise of e-commerce and global trade, smart packaging solutions equipped with sensors are becoming essential for ensuring that products reach consumers in optimal condition. This technological advancement is expected to continue to drive the fastest growth in the gas sensors market, particularly within the packaging and logistics industries.

Asia Pacific Region is Fastest Growing Due to Industrialization and Environmental Concerns

The Asia Pacific region is the fastest-growing market for gas sensors. The rapid industrialization, urbanization, and growing environmental concerns in countries like China, India, and Japan are driving the demand for gas sensors in this region. In particular, the increasing emphasis on improving air quality, monitoring emissions from industrial processes, and ensuring worker safety in manufacturing plants are fueling the market’s expansion. Governments in the region are also implementing stricter environmental regulations, which has further accelerated the adoption of gas sensors for compliance and monitoring.

The automotive and healthcare sectors in Asia Pacific are also contributing significantly to the market growth, with demand for emission control systems in vehicles and respiratory monitoring devices in hospitals and clinics increasing. Furthermore, the region’s expanding infrastructure development and the growing presence of smart cities are driving the need for environmental monitoring solutions. As a result, Asia Pacific is expected to maintain its position as the fastest-growing region in the global gas sensors market.

Gas Sensors Market Size by Region 2030

Leading Companies and Competitive Landscape

The gas sensors market is highly competitive, with several global and regional players dominating the landscape. Leading companies include Honeywell International Inc., Figaro Engineering Inc., Amphenol Corporation, SGX Sensortech, and Mettler Toledo. These companies are focused on technological advancements, product innovation, and expanding their global presence to cater to the growing demand for gas sensors across various industries.

The competitive landscape is characterized by partnerships, acquisitions, and the development of advanced sensor technologies. Companies are investing in R&D to create more efficient and accurate gas sensors, especially in the context of environmental monitoring, healthcare, and automotive applications. As the demand for smart gas sensors increases, companies are also focusing on integrating IoT capabilities and ensuring compliance with stricter environmental regulations. The market is expected to remain highly dynamic as players continue to compete on the basis of innovation, product performance, and regional market expansion.

Recent Developments:

  • Honeywell announced the acquisition of Transnorm, a leader in automation and sensor technology, to enhance its portfolio of gas detection solutions, particularly for industrial applications.
  • Amphenol has partnered with IoT-based gas sensor companies to develop cutting-edge solutions for smart buildings and smart cities, expanding their market reach in environmental and air quality monitoring.
  • Mettler Toledo introduced a new generation of gas sensors equipped with advanced infrared technology for more accurate measurements, primarily aimed at medical applications.
  • SGX Sensortech announced its expansion into the Asia Pacific region to cater to the growing demand for gas sensors in industrial and automotive sectors.
  • SenseAir received significant investment funding to develop next-gen gas sensor technologies, focusing on the expansion of IoT-connected sensors for environmental monitoring.

List of Leading Companies:

  • Aeroqual Ltd.
  • Alphasense
  • Amphenol Corporation
  • City Technology Ltd.
  • Dynament Ltd.
  • Figaro Engineering
  • Figaro Engineering Inc.
  • GFG Instrumentation
  • Honeywell International Inc.
  • K-Flow Instruments
  • Mettler Toledo
  • RKI Instruments, Inc.
  • SenseAir
  • Senseair AB
  • SGX Sensortech

Report Scope:

Report Features

Description

Market Size (2023)

USD 1.6 Billion

Forecasted Value (2030)

USD 2.7 Billion

CAGR (2024 – 2030)

8.3%

Base Year for Estimation

2023

Historic Year

2022

Forecast Period

2024 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Gas Sensors Market by Type (Electrochemical, Semiconductor, Catalytic Bead, Infrared, Photoionization), by Application (Environmental Monitoring, Industrial Safety, Automotive, Medical, Building Automation, Agriculture & Food), by End-User Industry (Manufacturing Industries, Oil & Gas, Automotive, Healthcare, Chemical & Petrochemical, Environmental Monitoring Agencies), by Gas Type (Oxygen, Carbon Dioxide, Nitrogen Dioxide, Ammonia, Carbon Monoxide, Methane)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Aeroqual Ltd., Alphasense, Amphenol Corporation, City Technology Ltd., Dynament Ltd., Figaro Engineering, Figaro Engineering Inc., GFG Instrumentation, Honeywell International Inc., K-Flow Instruments, Mettler Toledo, RKI Instruments,  Inc., SenseAir, Senseair AB, SGX Sensortech

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Gas Sensors Market, by Type (Market Size & Forecast: USD Million, 2022 – 2030)

   4.1. Electrochemical

   4.2. Semiconductor

   4.3. Catalytic Bead

   4.4. Infrared

   4.5. Photoionization

   4.6. Others

5. Gas Sensors Market, by Application (Market Size & Forecast: USD Million, 2022 – 2030)

   5.1. Environmental Monitoring

   5.2. Industrial Safety

   5.3. Automotive

   5.4. Medical

   5.5. Building Automation

   5.6. Agriculture & Food

   5.7. Others

6. Gas Sensors Market, by End-User (Market Size & Forecast: USD Million, 2022 – 2030)

   6.1. Manufacturing Industries

   6.2. Oil & Gas

   6.3. Automotive

   6.4. Healthcare

   6.5. Chemical & Petrochemical

   6.6. Environmental Monitoring Agencies

   6.7. Others

7. Gas Sensors Market, by Gas Type (Market Size & Forecast: USD Million, 2022 – 2030)

   7.1. Oxygen

   7.2. Carbon Dioxide

   7.3. Nitrogen Dioxide Gas Sensors

   7.4. Ammonia

   7.5. Carbon Monoxide Gas Sensors

   7.6. Methane Gas Sensors

   7.7. Others

8. Regional Analysis (Market Size & Forecast: USD Million, 2022 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Gas Sensors Market, by Type

      8.2.7. North America Gas Sensors Market, by Application

      8.2.8. North America Gas Sensors Market, by End-User

      8.2.9. North America Gas Sensors Market, by Gas Type

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Gas Sensors Market, by Type

               8.2.10.1.2. US Gas Sensors Market, by Application

               8.2.10.1.3. US Gas Sensors Market, by End-User

               8.2.10.1.4. US Gas Sensors Market, by Gas Type

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Aeroqual Ltd.

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Alphasense

   10.3. Amphenol Corporation

   10.4. City Technology Ltd.

   10.5. Dynament Ltd.

   10.6. Figaro Engineering

   10.7. Figaro Engineering Inc.

   10.8. GFG Instrumentation

   10.9. Honeywell International Inc.

   10.10. K-Flow Instruments

   10.11. Mettler Toledo

   10.12. RKI Instruments, Inc.

   10.13. SenseAir

   10.14. Senseair AB

   10.15. SGX Sensortech

11. Appendix

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A comprehensive market research approach was employed to gather and analyze data on the Gas Sensors Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Gas Sensors Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach - Gas Sensors MarketSecondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the Gas Sensors ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Gas Sensors Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down - Gas Sensors MarketData Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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