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Gas Sensor Market Trends

  • Report ID: GMI123
  • Published Date: Jul 2024
  • Report Format: PDF

Gas Sensor Market Trends

Integration with IoT and smart devices stands out as a pivotal trend in the market. With industries and households pivoting towards IoT ecosystems, the demand for connected gas sensors is witnessing a surge. These sensors, once part of smart systems, facilitate real-time monitoring, data collection, and remote management of air quality and gas leaks. This connectivity not only bolsters safety and efficiency but also empowers predictive maintenance, ensuring swift responses to potential hazards. This trend is propelled by wireless technology advancements and a growing emphasis on environmental health and safety. Consequently, manufacturers are homing in on crafting smart gas sensors that boast enhanced connectivity, lower power consumption, and seamless integration with diverse IoT platforms.
 

Advancements in nanotechnology and microelectromechanical systems (MEMS) are driving the trend of miniaturization and heightened sensitivity in the gas sensor industry. These technological strides are facilitating the creation of smaller yet more potent gas sensors. These compact sensors are finding applications in portable devices, wearables, and spaces where traditional sensors fall short. Moreover, their enhanced sensitivity enables the detection of even trace gas concentrations, bolstering safety and ensuring adherence to stringent environmental norms. Notably, this trend is most pronounced in sectors like industrial safety, environmental monitoring, and healthcare, where precise gas detection is paramount. For instance, In March 2023, Winsen unveiled a versatile gas sensor, capable of detecting a range of gases including methane (CH4), ammonia, carbon monoxide, and more. These sensors find extensive applications in the petroleum sector and a variety of industrial domains, spanning from chemicals and metallurgy to electric power and coal mining.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for gas sensor was valued at USD 2.53 billion in 2023 and is anticipated to grow at over 8% CAGR between 2024 and 2032 owing to the increasing demand for air quality monitoring devices in smart cities.

The wireless segment in the gas sensor market is expected to reach over USD 3.5 billion by 2032 driven by advancements in IoT and connectivity technologies.

North America gas sensor market size is estimated to surpass USD 1.5 billion by 2032 owing to the surging number of smart home infrastructure projects and growing focus on sensor technology development.

Alphasense (AMETEK), Amphenol Corporation, Gastec Corporation, Honeywell International Inc., Sensirion AG, Siemens AG, and Spec Sensors.

Gas Sensor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 305
  • Countries covered: 21
  • Pages: 210
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