The "Gas Sensor Market Size, Share & Trends Analysis By Product, By Technology, By End Use (Medical, Environmental, Petrochemical, Automotive, Industrial, Agriculture, Others), By Region, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
Factors such as increased demand for smart and wireless gas sensors and regulatory initiatives in developed markets of North America and Europe have propelled the adoption of gas sensors.
A gas sensor is a device that detects the presence of gases in a particular area and is often integrated into a safety system. These gas sensors consume low power and can be integrated into portable handheld devices, which further creates opportunities for market growth. Technological developments, such as enhancement of MEMS sensors, and need for hydrogen detection on account of its use as a fuel are also expected to contribute to industry growth.
The introduction of embedded electronics, coupled with sophisticated firmware and improved manufacturing techniques, has enabled developments in gas detection technologies. Numerous sensors are used to monitor emission levels and air quality in the automotive industry. Moreover, the accelerated use of wireless sensor technologies and semiconductor-based sensors is expected to further drive market growth.
The infrared technology segment is anticipated to witness substantial growth as it enables the measurement of a wide variety of gases including methane, carbon dioxide, and Volatile Organic Compounds (VOC) such as acetylene, benzene, and butane. Moreover, the increased adoption of gas sensors can be attributed to the high need for safety in the industrial sector. This is further creating opportunities for market growth.
Key players in the market include ABB Ltd., Robert Bosch LLC, and Nemoto & Co. Ltd., among others:
- City Technology Ltd.
- Dynament Ltd.
- Figaro Engineering.
- Membrapor AG.
- Nemoto & Co. Ltd.
- Robert Bosch LLC.
- ABB Ltd.
- Siemens AG.
- GfG Europe Ltd.
Read the article online at: https://www.worldpipelines.com/business-news/07092018/new-global-gas-sensor-report-published/