Gas Sensors Market Size

Gas Sensors Market Size to See USD 2.8 Billion Worth by 2024: Growth Factors & Trends

Posted on Updated on

MarketStudyReport.com adds a new Gas Sensors Market research report that provides a detailed market overview as well as industry analysis for / of companies, manufacturers and distributors covering data on gross margin, cost structure, consumption value, sale price and more.

The Gas Sensors Market is expected to gain momentum over the forecast timespan, owing to the increasing penetration across applications such as handheld and smart devices. Increasing adoption custom-designed sensors from oil & gas industry to ensure safe working environments is expected to fuel the demand. Manufacturers are innovating continuously to introduce application-specific components for critical applications such as explosion-proof transducers and meet standards such as ATEX and CSA.

Request a sample copy of Gas Sensors Market Research Report @ https://www.marketstudyreport.com/request-a-sample/467609/?utm_source=wp-SK

Gas Sensors Market is set to exceed USD 2.8 billion by 2024; according to a new research report. The global shipments are forecast to grow at over 7% CAGR from 2017 to 2024.

NOx sensors market is expected to gain significant share over the forecast timeframe, owing to the increasing adoption in automobile applications. These components are used in vehicles to make petrol engines more environmental friendly by monitoring the exhaust. They are also being used by the governments across the globe to keep a check on nitrogen oxide content in the emissions and exhaust gases to reduce pollution.

Growth in operational issues is anticipated to hamper the gas sensors market growth. The continuous evolution of the industry is resulting in over-crowding of components such as CO and CO2 sensors. Low product differentiation and lack of innovations are among the key industry challenges. However, key players in the gas sensors market are increasingly investing in R&D to develop diverse product portfolio that matches unique requirements of each application.

The MINIGAS project, funded by the European community, developed gas sensing components that enabled use of these components in small instruments for high sensitivity and speed. Under this project, innovative photo-acoustic components were developed that enabled the development portable and highly sensitive measuring equipment for the measurement of very small concentrations.

Enquire about this report @ https://www.marketstudyreport.com/enquiry-before-buying/467609/?utm_source=wp-SK

The U.S. gas sensors market is expected to continue the significant demand owing to the rising stringent regulations pertaining to exhaust from vehicles. A rebound in the production of light motor vehicles and increasing use of exhaust oxygen gas sensors to improve fuel efficiency & performance is expected to drive demand in the region.

The Environment Protection Agency, under the Clean Air Act, has set limits on certain air pollutants, with setting limits on how much pollutant can be released into the air. The act also gives the EPA the power to limit harmful emissions of air pollutants from sources like utilities, chemical plants, and steel mills. This mandatory law will create huge impact on these industries as they will be enforced to install sensors in the plant to minimize air pollution by controlling harmful emissions.

The Latin America gas sensors market will be driven by the increasing adoption of these components in building automation and domestic appliances. The consumer electronics industry in countries including Brazil and Mexico have also contributed to the demand owing to increase in spending capacity of customers.

The companies in the gas sensors market are developing equipment based on these products to gain competitive advantage. For instance, FIS, Inc. has developed chromatograph, a lightweight, compact, and low-cost device used to measure ultra-low concentrations of gases.

Related Reports: –

Global Industrial Gas Sensors 2017-2021

About Industrial Gas Sensors Industrial gas sensors are used for detecting the leakage of harmful and toxic gases in any facility. These sensors are used to ensure that proper precautionary measures …

https://www.marketstudyreport.com/reports/global-industrial-gas-sensors-2017-2021/?utm_source=RR-SK

About Us:
Centralize market research purchases across your entire organization in one place. Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report

The Green Suite #4594,

Dover, DE 19901

United States

Phone: 1-201-355-0868

US Toll Free: 1-866-764-2220

Email: sales@marketstudyreport.com

Website: https://www.marketstudyreport.com

News: https://www.marketstudyreport.com/category/news-releases/

Connect with us: Google+ | LinkedIn | Twitter

Advertisements

Gas Sensors Market Report 2017 Global Industry Statistics & Regional Outlook to 2024

Posted on

Market Study Report Add New Global Gas Sensors Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 220 pages with table and figures in it.

The U.S. gas sensors market is expected to continue the significant demand owing to the rising stringent regulations pertaining to exhaust from vehicles. A rebound in the production of light motor vehicles and increasing use of exhaust oxygen gas sensors to improve fuel efficiency & performance is expected to drive demand in the region.

Get Sample Copy of this Report: https://www.marketstudyreport.com/request-a-sample/467609/?utm_source=WRD-dc

Gas Sensors Market is set to exceed USD 2.8 billion by 2024. The global shipments are forecast to grow at over 7% CAGR from 2017 to 2024.

Scope of the Report:

U.S. Gas Sensors demand may surpass USD 15.5 billion by end of 2024. Positive indicators towards increase in infrastructure spending along with growth of automobile sector should drive regional growth. Stringent norms by EPA & OSHA to minimize VOC content to limit toxicity levels should promote product demand.

This report focuses on the Gas Sensors in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Gas Sensors Market, By Product

  • Oxygen/ lambda sensors
  • Carbon dioxide sensors
  • Carbon monoxide sensors
  • NOx sensors

Gas Sensors Market, By Technology

  • Electrochemical
  • Semiconductor
  • Solid state
  • Photoionization detection (PID)
  • Catalytic
  • Infrared

Gas Sensors Market, By Application

  • Consumer electronics
  • Medical
  • Environmental
  • Petrochemical
  • Automotive
  • Industrial

Get Discount on this Report: https://www.marketstudyreport.com/check-for-discount/467609/?utm_source=WRD-dc

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Gas Sensors Industry Insights

Chapter 4. Gas Sensors Market, By Application

Chapter 5. Gas Sensors Market, By Product

Chapter 6. Gas Sensors Market, By Region

For More Details On of this Report: https://www.marketstudyreport.com/reports/gas-sensors-market/?utm_source=WRD-dc

Related Report:

Global Polysilazane Market Research Report 2017

This report focuses on the Polysilazane in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

https://www.marketstudyreport.com/reports/global-polysilazane-market-research-report-2017/?utm_source=WRD-dc

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us: 

Market Study Report

The Green Suite #4594,

Dover, DE 19901

United States

Phone: 1-201-355-0868

US Toll Free: 1-866-764-2150

Email: sales@marketstudyreport.com

Website: https://www.marketstudyreport.com

News: https://www.marketstudyreport.com/category/news-releases/