Global Industrial Gas Sensors Market 2017-2021

The below infographic includes key findings from our industrial gas sensor market analysis report

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Overview of the global industrial gas sensors market

The industrial gas sensors market will register a CAGR of almost 6% by 2021. The increasing need for gas detection in an industrial environment is one of the primary factors fueling the growth of this market. The detection of colorless and odorless gases produced during the industrial process is one of the major challenges for workers. Gas sensors installed in industries indicate the presence of hazardous gases and help in improving the air quality in industries. Moreover, industrial gas sensors can also detect the presence of undesirable gases within a facility at the initial stages of gas leakage. With the introduction of stringent government regulations for maintaining a sustainable and toxic-free environment, the demand for gas sensors will increase from various industrial sectors, which will fuel market growth.

In terms of geography, EMEA will be the major revenue contributor to the industrial gas sensors market throughout the forecast period. The increased presence of oil and gas and mining industries will be a major factor driving the adoption of gas sensors in this region. Moreover, the export of components by chemical and petrochemical industries in this region is increasing. This demands the efficient use of raw materials and performing all processes safely, which will drive the demand for gas sensors in this region.

Competitive landscape and key vendors  

The industrial gas sensors market consists of many regional and global vendors who manufacture different versions of gas sensors. The regional gas sensor companies are focusing on developing cost-effective gas sensors, whereas the established vendors are developing gas sensors by incorporating innovative technologies. The demand for low-cost gas sensors will increase during the forecast period due to the high adoption of gas sensors by both small and medium enterprises.

The leading vendors in the market are -

• Aeroqual
• Dynament
• Euro-Gas
• Figaro

The other prominent vendors in the market are ABB, Bosch, Invest Electronics, KIMO, MWC Water Controls, Monicon Technology, Pewatron, Siemens, and Wuhan Cubic.

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Segmentation by technology and analysis of the industrial gas sensors market

• Electrochemical
• Semiconductor
• Infrared
• Photo ionization detector (PID)

The electrochemical technology segment accounted for the highest share of the market during 2016. The factors such as the cost-effectiveness of this technology and its ability to detect several types of gas leakages in industries will contribute to the growth of this industry segment in the coming years.

Segmentation by end-user and analysis of the industrial gas sensors market

• Chemical and petrochemical industry
• Oil and gas industry
• Metal industry

The chemical and petrochemical industry was the major end-user of the market during 2016. The market share of the chemical and petrochemical industries will increase in the coming years as the adoption of these sensors improves the overall working of the industry.

Key questions answered in the report include

• What will the industrial gas sensors market size and the growth rate be in 2021?
• What are the key factors driving the global industrial gas sensors market?
• What are the key market trends impacting the growth of the global industrial gas sensors market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial gas sensors market?
• What are the market opportunities and threats faced by the vendors in the global industrial gas sensors market?
• Trending factors influencing the industrial gas sensor market share of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global industrial gas sensors market?

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