Technology & Telecommunications

According to a market report by Lucintel, the future of the environment gas sensor market looks promising with opportunities in the automotive, air purifier, smart devices, smart home, smart city, and wearable applications. The global environment gas sensor market is expected to reach an estimated $213.7 million by 2028 with a CAGR of 25% from 2023 to 2028. The major drivers for this market are increasing number of diseases caused by harmful air and growing concern towards environment degradation caused by population growth, industrial pollution, vehicle exhaust, and household waste across the globe.



In this market, pellistor, Infrared (IR), metal oxide semiconductor (MOS), electrochemical (EC), optical particle monitor (OPM), photoionization detectors (PID), field asymmetric ion mobility spectrometry (FAIMS), quartz crystal microbalance (QCM), and miniaturised gas chromatography (GC) are the major segments of environment gas sensor market by product type. Lucintel forecast that metal oxide semiconductor (MOS) is expected to witness highest growth over the forecast period due to the increasing application of these sensors for NO and NO² gas detection at both industrial as well as laboratory settings.



Within this market, automotive is expected to witness highest growth over the forecast period due to the increasing penetration of these sensors to automate air flow into driver's compartment and track emissions as per the environmental standards.



APAC is expected to witness highest growth over the forecast period due to rapid urbanization, increasing number of smart cities projects, and growing adoption of smart sensor based devices in the region.

Robert Bosch, Siemens, GfG Gas Detection, ABB, and AlphaSense are the major suppliers in the global environment gas sensor market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global environment gas sensor market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Environment Gas Sensor Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global environment gas sensor market by product type, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the environment gas sensor market by product type (pellistor gas sensors, infrared gas sensors, metal oxide semiconductor gas sensors, electrochemical gas sensors, optical particle monitor gas sensors, photoionization detectors gas sensors, field asymmetric ion mobility spectrometry gas sensors, quartz crystal microbalance gas sensors, and miniaturised gas chromatography), application (automotive, air purifiers, smart devices, smart homes, smart cities, and wearables), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?