Gas Sensors Market Worth $ 1642.46 Million, Globally, by 2027 at 6.91% CAGR: Verified Market Research™
The growing adoption of gas sensors in HVAC systems & air quality monitoring systems and a need to detect concentration levels of various gases in the end-use industries is expected to boost the gas sensors market over the predicted years. The Global Gas Sensors Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Verified Market Research recently published a report, “Gas Sensors Market By Gas Type (Carbon dioxide, Carbon monoxide, Oxygen, Nitrogen oxide), By Vertical (Oil and Gas, Automotive and Transportation, Environmental monitoring and water treatment) and Geography”. According to Verified Market Research, the Gas Sensors Market was valued at USD 999.36 Million in 2019 and is projected to reach USD 1642.46 Million by 2027, growing at a CAGR of 6.91% from 2020 to 2027.
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Browse in-depth TOC on “Gas Sensors Market”
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Global Gas Sensors Market Overview
The growing adoption of gas sensors in HVAC systems and air quality monitoring systems are expected to boost the gas sensors market over the predicted years. In the present scenario, HVAC systems are installed in various residential and commercial buildings to monitor and regulate environmental conditions. Similarly, air quality monitoring systems are used for measuring air quality, low & high levels of criteria pollutants, as well as other gases and toxins. The growing adoption of gas sensors in various end-user industries is the new opportunity for the market.
In today’s world, gas sensors are key elements in a variety of applications in various niche market sectors. These sensors affect the quality of natural life as well as the efficiency of industrial production. Reliable detection of various gases in low concentration is mandatory in numerous fields such as industrial plants, automotive technologies, environmental monitoring, or air quality assurance and the adoption of gas sensors can be useful for the same purpose.
The major players in the market are Figaro Engineering Inc., AMS AG, Amphenol Corporation AB, MSA Safety Incorporated, ALPHASENSE, Sensirion AG, City Technology Ltd., MEMBRAPOR, and Dynament.
Verified Market Research has segmented the Global Gas Sensors Market On the basis of Gas Type, Vertical, and Geography.
Gas Sensors Market By Gas Type
- Carbon dioxide
- Carbon monoxide
- Nitrogen oxide
Gas Sensors Market By Vertical
- Oil and Gas
- Automotive and Transportation
- Environmental monitoring and water treatment
Gas Sensors Market by Geography
- Rest of Europe
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
- North America
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