Gas Sensors Market Analysis APAC,North America,Europe,South America,Middle East and Africa - US,China,South Korea,Japan,Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 173 SKU: IRTNTR71645

Gas Sensors Market Forecast 2023-2027

The gas sensors market size is estimated to grow by USD 719.28 million at a CAGR of 9.98% between 2022 and 2027.  The market experiences growth driven by the expansion of LNG trade, heightened focus on enhancing workplace safety, and the increasing utilization of gas sensors in the mining sector. These factors contribute to a growing demand for advanced gas detection solutions, fostering market expansion and innovation to meet evolving industry needs.

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Market Segmentation by End-user, Type, Geography 

This market growth analysis report extensively covers market segmentation by end-user (industrial, petrochemical, building automation and domestic appliances, automotive, and others), type (wired and wireless), and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

End-user Segment Analysis

The industrial segment will account for a major share of the market's growth during the forecast period. The severe environmental conditions which are exploited by industrial sectors such as petroleum and natural gas, or metals containing dangerous explosives, there has been an increase in requirements for the use of gas detectors and safety equipment in this sector.

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The industrial segment was valued at USD 221.02 million in 2017 and continued to grow until 2021. A key element of industrial gas detection and fire suppression systems is a gas sensor. In case of a fire break, the gas sensors will be required to control the speed of the pump as it extracts water from an on-site source for use in the building. The rising incidents of explosions in industrial facilities have resulted in the framing of stringent guidelines by various governments and international safety agencies regarding the use of fire safety and explosion-proof equipment in industrial premises. 

Type Segment Analysis 

Based on type, the market has been segmented into wired and wireless. The wired segment will account for the largest share of this segment.  A wired sensor consists of a monitoring panel that interfaces with and communicates to, equipped wall-mounted gas sensors which are connected by wires. These sensors help to inform people about the presence of poisonous gases and prevent an industrial plant from being exposed to a risk of explosion due to such flammable gases. Hence, they ensure a safe working environment by monitoring the depletion of oxygen in an industrial facility. These detectors are permanently fixed in manufacturing plants, control rooms, or areas where high protection from hazardous gases is required. Such factors will increase segment growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 38% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  Due to the development of significant infrastructure, the market in APAC is anticipated to see the highest demand from nations like India, China, Malaysia, and the Philippines. These nations are supposed to observe expanded interest for sensors during the estimated time frame. The market in APAC is further driven by factors such as expanding urbanization and the introduction of affordable housing projects. In APAC, China is the largest construction market. China's rise to prominence as a global construction market is a result of the country's high economic growth rate, which is matched only by its world-leading population. The demand for high-rise condominiums and luxury apartments will rise in China as the middle-class population grows and disposable income rises. Such factors will increase the market growth in this region during the forecast period.

Market Dynamics

The market thrives on innovations like miniaturization and wireless capabilities, meeting the demands of various sectors such as automotive manufacturing, oil & gas, and healthcare. With government regulations tightening on greenhouse gas emissions and industrial processes, gas sensors play a pivotal role in ensuring compliance and mitigating pollution. They detect toxic gases like methane in the LPG and LNG industries, enhancing industrial safety and environmental monitoring. As leading players continually launch advanced products adhering to international standards, gas sensors remain indispensable for remote monitoring and control of gas concentrations, enabling smart cities and building automation.

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Key Market Driver

The surge in LNG trade is propelling market expansion. LNG's rise as a transport fuel, coupled with the opening of new trade routes, fuels its demand. The global LNG market's growth is driven by the escalating focus on clean energy. Countries aim to boost natural gas in their energy mix, spurring LNG demand. LNG is prized for its safety and operational performance. Gas sensors are pivotal for overseeing LNG plant operations, ensuring safety and efficiency. Despite the US's dominance in natural production, LNG usage is surging globally. This trend, alongside LNG's expanding role, amplifies the need for sensors, driving market growth.

Significant Market Trends

New product launches are a primary trend in the market. Infrared gas sensors may trigger a false alarm in extreme or unfavorable climatic conditions. Some of the essential problems faced by the offshore oil and gas industry when they deploy gas sensors to detect gas leakages are factors such as low reliability, insufficient detection speed, or an excessive frequency of erroneous alarms. Triggering false alarms in such industrial setups may also lead to the complete shutdown of production and isolation of electrical equipment, which can have a catastrophic effect on plant equipment, such as compressors and generators.

However, there is an ionization sensor or a solar panel, which senses and responds rapidly to fast-burn fires, in the majority of gas detectors & alarms. Gas detectors with ionization sensors respond rapidly to burning fires. Ionization sensors in gas detectors are responsible for creating false alarms in non-fire situations. Therefore, it is not allowed to use detectors containing ionizing sensors close to kitchens and bathrooms. Hence, this poses a major challenge for Companies as the use of gas detectors with ionization sensors will increase the number of complaints from consumers regarding false alarms, which is likely to have an adverse effect on the growth rate of the market in focus over the forecast period.

Major Market Challenge

The issues related to sensitivity, selectivity, and stability of gas sensors are a major challenge in the market growth. The components of the gas-sensing device are very sensitive and their functioning may be affected in locations where temperature or pressure variations occur. The availability of a wide range of gas sensors in the market often leads to confusion among end-users on which one to choose. As these sensors are of various importance and can be used for a wide variety of applications in the facility, end user users find it difficult to determine which best-fit product fits their needs by taking into account the facilities' requirements.

The problem of delivering undesirable outcomes is also raised by sensors that are exposed to different gases. Gas sensor readings may be incorrect with respect to the concentration of gases for a chemical industry where numerous gases are manufactured by different processes. In contrast, readings may get distorted by the sun when UV gas detectors are placed in an enclosed space. Such problems in sensors under certain conditions may lead to false alerts to workers. Such factors may negatively impact the market in focus during the forecast period.

Who are the Major Gas Sensors in Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd. - The company offers gas sensors such as FusionAir Smart Sensors.

AMETEK Inc. - The company offers gas sensors such as the A series and A plus series.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market Companies, including:

  • Amphenol Corp.
  • ams OSRAM AG
  • Angst Pfister Sensors and Power AG
  • DENSO Corp.
  • Dragerwerk AG and Co. KGaA
  • eLichens
  • Figaro Engineering Inc.
  • GASTEC CORP.
  • Honeywell International Inc.
  • Industrial Scientific Corp.
  • Nemoto and Co. Ltd.
  • Niterra India PVT. LTD.
  • Robert Bosch GmbH
  • Senseair AB
  • Siemens Energy AG
  • Sensirion AG
  • Techcomp Instruments Ltd.
  • MEMBRAPOR AG

Technavio's market growth and forecasting report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies Companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The market is witnessing rapid evolution driven by technological advancements and increasing demand across various sectors. Factors such as miniaturization and wireless capabilities are revolutionizing gas sensor design, enabling their integration into a wide range of applications. From industrial processes and automotive manufacturing to environmental monitoring and healthcare, gas sensors play a crucial role in ensuring safety and compliance with government regulations regarding toxic gases and harmful emissions. Leading players in the gas sensor market are developing innovative solutions that leverage communication technologies and IoT networks for remote monitoring and control of concentrations. Moreover, advancements in analyzers and replacement sensors are enhancing air quality monitoring and industrial safety. As smart cities and building automation initiatives gain traction, gas sensors are becoming integral to managing indoor air quality levels and reducing exposure to pollutants like carbon dioxide and volatile organic compounds.

In the automotive manufacturing industry, gas sensors are crucial for ensuring compliance with Corporate Average Fuel Economy standards and greenhouse gas emission regulations. They monitor combustible gases like methane and propane to prevent accidents and minimize environmental impact. Similarly, in the oil & gas and power industries, gas sensors play a vital role in detecting leaks and preventing disasters, ensuring public safety and minimizing excess emissions. By adhering to international standards and leveraging IoT technologies, wired and wireless sensors provide real-time data for proactive decision-making, safeguarding both human health and environmental quality in various industrial settings.

Segment Overview

The market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End user Outlook
    • Industrial
    • Petrochemical
    • Building automation and domestic appliances
    • Automotive
    • Others
  • Type Outlook 
    • Wired
    • Wireless
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Bazil
      • Argentina

Gas Sensors Market Scope

Market Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 9.98%

Market growth 2023-2027

USD 719.28 million

Market structure

Fragmented

YoY growth 2022-2023(%)

9.89

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, South Korea, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., AMETEK Inc., Amphenol Corp., ams OSRAM AG, Angst Pfister Sensors and Power AG, DENSO Corp., Dragerwerk AG and Co. KGaA, eLichens, Figaro Engineering Inc., GASTEC CORP., Honeywell International Inc., Industrial Scientific Corp., Nemoto and Co. Ltd., Niterra India PVT. LTD., Robert Bosch GmbH, Senseair AB, Siemens Energy AG, Sensirion AG, Techcomp Instruments Ltd., and MEMBRAPOR AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market forecasting report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about Companies
  • Comprehensive analysis of factors that will challenge the growth of market Companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global gas sensors market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global gas sensors market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Industrial - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 6.4 Petrochemical - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Petrochemical - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Petrochemical - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Petrochemical - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Petrochemical - Year-over-year growth 2022-2027 (%)
    • 6.5 Building automation and domestic appliances - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Building automation and domestic appliances - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Building automation and domestic appliances - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Building automation and domestic appliances - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Building automation and domestic appliances - Year-over-year growth 2022-2027 (%)
    • 6.6 Automotive - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Wired - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Wired - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Wired - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Wired - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Wired - Year-over-year growth 2022-2027 (%)
    • 7.4 Wireless - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Wireless - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Wireless - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Wireless - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Wireless - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 South Korea - Market size and forecast 2022-2027
      • Exhibit 103: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 123: ABB Ltd. - Overview
              • Exhibit 124: ABB Ltd. - Business segments
              • Exhibit 125: ABB Ltd. - Key offerings
              • Exhibit 126: ABB Ltd. - Segment focus
            • 12.4 AMETEK Inc.
              • Exhibit 127: AMETEK Inc. - Overview
              • Exhibit 128: AMETEK Inc. - Business segments
              • Exhibit 129: AMETEK Inc. - Key offerings
              • Exhibit 130: AMETEK Inc. - Segment focus
            • 12.5 Amphenol Corp.
              • Exhibit 131: Amphenol Corp. - Overview
              • Exhibit 132: Amphenol Corp. - Business segments
              • Exhibit 133: Amphenol Corp. - Key offerings
              • Exhibit 134: Amphenol Corp. - Segment focus
            • 12.6 Angst Pfister Sensors and Power AG
              • Exhibit 135: Angst Pfister Sensors and Power AG - Overview
              • Exhibit 136: Angst Pfister Sensors and Power AG - Product / Service
              • Exhibit 137: Angst Pfister Sensors and Power AG - Key offerings
            • 12.7 Dragerwerk AG and Co. KGaA
              • Exhibit 138: Dragerwerk AG and Co. KGaA - Overview
              • Exhibit 139: Dragerwerk AG and Co. KGaA - Business segments
              • Exhibit 140: Dragerwerk AG and Co. KGaA - Key offerings
              • Exhibit 141: Dragerwerk AG and Co. KGaA - Segment focus
            • 12.8 eLichens
              • Exhibit 142: eLichens - Overview
              • Exhibit 143: eLichens - Product / Service
              • Exhibit 144: eLichens - Key offerings
            • 12.9 Figaro Engineering Inc.
              • Exhibit 145: Figaro Engineering Inc. - Overview
              • Exhibit 146: Figaro Engineering Inc. - Product / Service
              • Exhibit 147: Figaro Engineering Inc. - Key offerings
            • 12.10 Honeywell International Inc.
              • Exhibit 148: Honeywell International Inc. - Overview
              • Exhibit 149: Honeywell International Inc. - Business segments
              • Exhibit 150: Honeywell International Inc. - Key news
              • Exhibit 151: Honeywell International Inc. - Key offerings
              • Exhibit 152: Honeywell International Inc. - Segment focus
            • 12.11 Industrial Scientific Corp.
              • Exhibit 153: Industrial Scientific Corp. - Overview
              • Exhibit 154: Industrial Scientific Corp. - Product / Service
              • Exhibit 155: Industrial Scientific Corp. - Key offerings
            • 12.12 MEMBRAPOR AG
              • Exhibit 156: MEMBRAPOR AG - Overview
              • Exhibit 157: MEMBRAPOR AG - Product / Service
              • Exhibit 158: MEMBRAPOR AG - Key offerings
            • 12.13 Nemoto and Co. Ltd.
              • Exhibit 159: Nemoto and Co. Ltd. - Overview
              • Exhibit 160: Nemoto and Co. Ltd. - Product / Service
              • Exhibit 161: Nemoto and Co. Ltd. - Key offerings
            • 12.14 Robert Bosch GmbH
              • Exhibit 162: Robert Bosch GmbH - Overview
              • Exhibit 163: Robert Bosch GmbH - Business segments
              • Exhibit 164: Robert Bosch GmbH - Key news
              • Exhibit 165: Robert Bosch GmbH - Key offerings
              • Exhibit 166: Robert Bosch GmbH - Segment focus
            • 12.15 Senseair AB
              • Exhibit 167: Senseair AB - Overview
              • Exhibit 168: Senseair AB - Product / Service
              • Exhibit 169: Senseair AB - Key offerings
            • 12.16 Sensirion AG
              • Exhibit 170: Sensirion AG - Overview
              • Exhibit 171: Sensirion AG - Product / Service
              • Exhibit 172: Sensirion AG - Key offerings
            • 12.17 Siemens Energy AG
              • Exhibit 173: Siemens Energy AG - Overview
              • Exhibit 174: Siemens Energy AG - Business segments
              • Exhibit 175: Siemens Energy AG - Key news
              • Exhibit 176: Siemens Energy AG - Key offerings
              • Exhibit 177: Siemens Energy AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 178: Inclusions checklist
                • Exhibit 179: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 180: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 181: Research methodology
                • Exhibit 182: Validation techniques employed for market sizing
                • Exhibit 183: Information sources
              • 13.5 List of abbreviations
                • Exhibit 184: List of abbreviations
              • adoption of automation in manufacturing the process: The requirement of automation has evolved multifold in the industrial environment. The automation solutions have improved from the implementation of fixed automation to the current flexible and integrated automation, which enables end-users to integrate various processes into a single closed solution. The need to address optimization of processes, extend the level of autonomous processes, continuous monitoring and control of process parameters and safety concerns are driving the implementation of flexible automation solutions in the process and discrete industries.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
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                gas sensors market market

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                • What are the factors influencing the growth of the parent market?

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