The global gas sensors market is about $ 1.70 billion in the 2012 and is expected to reach approximately $ 3.40 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 6.45% over the forecast period. Utilization of gas sensors is a gas of gas or gas leaks. These sensors transform gas compositions or partial pressure measured in gas or air into an electric signal. Few key gas sensors are solid state gas sensors, electrochemical gas sensors, photoionization detectors (PID), infrared gas sensors, catalytic gas sensors, and others. The gas sensors are used in process applications, automotive industry, building automation, industrial applications, medical applications, and others.Gas sensors include two fundamental parts: a transducing the chemical reactions into an output signal and a receptor altering chemical recognition. The gas sensors derived from semiconductor technology are followed by the electrochemical gas sensing technology in a most cost-efficient way. Electrochemical gas sensors are used for observing the existence of toxic gases, environmental pollutants, oxygen, and few flammable gases. Catalytic sensors and IR gas sensors are used for detecting flammable gases. and others. Gas sensors include two fundamental parts: a transducing the chemical reactions into an output signal and a receptor altering chemical recognition.The gas sensors derived from semiconductor technology are followed by the electrochemical gas sensing technology in a most cost-efficient way. Electrochemical gas sensors are used for observing the existence of toxic gases, environmental pollutants, oxygen, and few flammable gases. Catalytic sensors and IR gas sensors are used for detecting flammable gases. and others. Gas sensors include two fundamental parts: a transducing the chemical reactions into an output signal and a receptor altering chemical recognition. The gas sensors derived from semiconductor technology are followed by the electrochemical gas sensing technology in a most cost-efficient way.Electrochemical gas sensors are used for observing the existence of toxic gases, environmental pollutants, oxygen, and few flammable gases. Catalytic sensors and IR gas sensors are used for detecting flammable gases. Electrochemical gas sensors are used for observing the existence of toxic gases, environmental pollutants, oxygen, and few flammable gases. Catalytic sensors and IR gas sensors are used for detecting flammable gases. Electrochemical gas sensors are used for observing the existence of toxic gases, environmental pollutants, oxygen, and few flammable gases. Catalytic sensors and IR gas sensors are used for detecting flammable gases.
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From 2012 to 2022, the global gas sensors market is expected to develop significant growth. The trend in the global gas sensor market is the expansion of miniaturization and wireless capabilities, along with enhanced communication capabilities. Asia-Pacific is among the fastest growing areas for the gas sensor industry and is expected to become the industry leader in the projected period. Nations as, Germany, the United States, and China are the key markets for gas sensor devices. though,
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The key industry participants for the gas sensors are; City Technology Ltd., Alphasense, Membrapor AG, Dynament Ltd., and Figaro Engineering. According to the product type, the global market is split into; Carbon Dioxide Sensors, Carbon Monoxide Sensors, NOx Sensors, Oxygen / Lambda Sensors, and Other Products. On the basis of Technology, the global market is divided into; Solid State / MOS, PID, Catalytic, Infrared (IR), Electrochemical, Semiconductor, and other technologies. By End-user, the market is classified as; Environmental, Petrochemical, Automotive, Industrial, Medical, Building Automation & Domestic Appliances, and Other End Users. Geographically, the global gas sensors market is segmented into regions which are; Europe (Germany, Spain, Italy, France, UK and Rest of Europe), Asia-Pacific (Japan, China, India, Australia,
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Key findings from the gas sensors market
- Increasing use of gas sensors mainly in the process industry and healthcare sector is the driving factor for the global market.
- Major market players in the global gas sensor market are investing heavily in research and developing to develop product ranges.
- In 2013, Europe region ruled the global demand with an estimated market share of over 30%. Asia-Pacific region followed by Europe with significant market share.
- Key players in the market are; City Technology Ltd., Alphasense, Membrapor AG, Dynament Ltd., and Figaro Engineering.