Market Research Reports : Transparency Market Research published new market report "Gas Sensors Market - Global
Industry Size, Share, Trends, Analysis and Forecast, 2012-2018," the global gas sensors market is
expected to reach a value of USD 2.32 billion by 2018, at a CAGR of 5.7% from
2012 to 2018. Strengthening government regulations for exhaust emission control
and growing concerns towards occupational safety and health are some important
factors driving the demand for gas sensors, globally. Europe was the largest
contributor to the global gas sensors market in 2012, accounting for around 30%
share of the overall market. Asia Pacific, growing at a CAGR of 6.9% during the
forecast period from 2012 to 2018, is expected to be the fastest growing
regional market for gas sensors.
Browse the full report at http://www.transparencymarketresearch.com/gas-sensors-market.html
Some of the major
gas sensing technologies include electrochemical, semiconductor, catalytic,
infrared, PID (photoionization detector), and solid state, among others. Gas
sensors based on electrochemical and semiconductor gas sensing technologies
held the largest market share of around 21% and 20%, respectively, in 2012.
Better efficiency, fast response time, and cost effectiveness are some
important factors that led to the growth of gas sensors based on these
technologies.
The major
application areas for gas sensors include automotive industry, petrochemical
industry, manufacturing processes, and environmental applications among others.
Gas sensors are primarily used for indoor and outdoor air quality monitoring
and maintenance, detection of combustible and toxic gases, exhaust emission
control in automobiles and others. Gas sensors are largely used in industrial
applications to monitor and detect concentrations of various toxic and
combustible gases.
Industrial
applications is the largest end-user market for gas sensors that accounted for
around 20% share in 2012 followed by automotive industry with a share of around
16% in 2012. Automotive gas sensor is the fastest growing segment and is
expected to grow at a CAGR of 6.1% during the forecast period from 2012 to
2018. The growing incorporation of gas sensors in automobiles for comfort and
safety of passengers is mainly responsible for the growth of the automotive gas
sensors market. Gas sensors in automobiles are used for monitoring cabin air
quality, exhaust gas emission control, and others.
The medical
sector is another important end-user industry for gas sensors which is expected
to grow at a CAGR of 6.0% from 2012 to 2018. Gas sensors are used to detect the
presence of anesthesia gases in operation theatres and also to detect gases such
as nitrogen, helium and others. Growing use of gas sensors in breath analysis
to check the health of patients is also driving the demand for gas sensors.
Some other application areas of gas sensors include R&D laboratories,
educational institutes, power generation, and others.
The major product
segments of the gas sensors market include oxygen sensors (O2), carbon dioxide
sensors (CO2), carbon monoxide sensors (CO), nitrous oxide sensors (NOx), and
other gas sensors such as methane sensors, nitrogen sensors, hydrogen sensors
etc. CO2 is the largest product segment that accounted for around 25% share of
the total gas sensors market in 2012 followed by carbon monoxide gas sensors
that held a share of around 15% of the total gas sensors market in the same year.
High concentration of CO2 causes depletion of oxygen in the air and creates a
hazardous situation for humans. One of the major reasons for the growth of CO2
sensors is their capability to detect incipient spoilage in controlled packages
and storage spaces.
Some of the major
players engaged in gas sensors manufacturing include City Technology,
Alphasense, Membrapor, Dynament, Figaro Engineering, and others. City
Technology is leading the global gas sensor manufacturing and held a share of
around 28% in 2012 followed by Alphasense and Membrapor in 2012.
The global gas
sensors market is segmented as below:
Gas Sensors Market
By gas sensing technology
- Electrochemical
- Semiconductor
- Solid state
- PID
- Catalytic
- Infrared
- Others (paramagnetic, thermal conductivity, and
so on)
- By product
- Oxygen sensor
- Carbon dioxide sensor
- Carbon monoxide sensor
- Nitrous oxide sensor
- Others (Methane, Ammonia, Hydrocarbons, and so
on)
By end use industry
- Medical
- Petrochemical
- Automotive
- Environmental
- Building automation and domestic appliance
- Industrial
- Others (R&D laboratories, educational
institutes, and so on)
By geography
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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