Gas Sensors Market Size, Share & Industry Trends Analysis Report by Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Output Type (Analog, Digital), Technology, Product, Connectivity, Application & Region - Global Forecast to 2028
Updated on : Oct 22, 2024
The global gas sensor market size is projected to grow from USD 1.5 billion in 2023 and is expected to reach USD 2.3 billion by 2028, growing at a CAGR of 9.7% during the forecast period from 2023 to 2028.
Growing adoption of gas sensors in automotive industry is one of the key driving factors for the gas sensor market. It is observed that pollutants such as hydrocarbons, VOCs, carbon monoxide, and nitrogen oxide enter car cabins through HVAC systems, which causes various issues such as headaches, nausea, and dizziness to onboard passengers.
Thus, monitoring the quality of cabin air in automobiles is important, leading to the increased demand for gas sensors in the automotive industry. Moreover, considering the commercial applications gas sensors have witnessed a significant growth in recent years, due to increasing focus on energy efficiency and indoor air quality in commercial and residential building for heating, ventilation, and air conditioning encourages the demand for gas sensors.
The rise in demand for digital output gas sensors is another key driver for the growth of gas sensor market. Gas sensors with digital output have several advantages over sensors with analog output and are especially suited for remote applications such as in the automotive & transportation sector.
The objective of the report is to define, describe, and forecast the gas sensor market based on product, technology, connectivity, output type, type, application, and region.
Gas Sensors Market Statistics Forecast to 2028
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Gas Sensor Market Trends
Drivers: Rising demand for gas sensors in critical industries
The growing demand of gas sensors in various industries such as chemical, oil and gas, mining, and power to detect and monitor the presence of harmful gases such as sulphur dioxide, chlorine, and many more. As excess emissions of these gases in the air can adversely affect human health.
Moreover, there are some explosive gases such as methane, propane, and butane that might be released by these critical industries, thereby leading to the chances of fire accidents. Several regulatory bodies are implementing various regulations to secure the ecosystem from harmful gases. The US, the UK, Germany, China, and France have laid various regulations to prevent the emission of harmful gases into the air.
Overall, it is necessary to monitor and detect these harmful gases, which is consequently leading to increased demand for gas sensors in refineries.
Restraint: Complexities involved while developing industry-specific gas sensors
The development of new and innovative gas sensors are time consuming processes, which results in increased no. of manufacturing and development costs which turns out to be a significant challenge in the gas sensors industry. Gas sensors are useful in various healthcare, industrial, and consumer electronics applications.
For each of the industries the specific requirements for gas sensors may change. Some of the specifications being detection limits, response time, and compatibility with existing equipment. The companies need to consider requirements carefully as it needs to be addressed during sensor development stage. However, the development and commercialization of new and advanced gas sensors are highly challenging as these sensors can lack stability and reliability.
Opportunity: Rising deployment of IoT, cloud computing, and big data in gas sensors
IoT plays a major role in the IT sector. The need for gas sensors to gather data from a various source, like environmental monitoring stations, industrial machinery, and wearable devices, is done by the Internet of Things technology and its interconnected gadgets network.
After that, this flow of data is sent onto cloud computing platforms, where it is processed, stored, and turned into usefull insights. In addition, big data analytics tools, are used to find patterns, trends, and anomalies in the data so that users can maximize their operations and make well-informed judgments.
Moreover, 10 creates a huge demand for advanced connected devices enabling M2M and interoperation with other devices according to the requirement of the connected environment. For example, Renesas' 32-bit RX130 MCU is connected to the sensor network by a smart Wi-Fi module to feed the data to a suitable gateway and then connects to the cloud, which detects flammable gases present in the environment.
Challenge: Technical issues such as high energy consumption
The market for gas sensors is rising at a significant rate; however, certain critical issues such as high energy consumption, sensors sensitivity to environmental conditions, high cost, and difficulty in fabrication are a few of the major problems associated with gas sensors.
Moreover, the cost of gas sensors is also relatively high due to the complexity involved in the manufacturing process. The development and commercialization of new gas sensors are highly challenging and time-consuming, which also increases the cost. Thus, the development cycle of new and innovative gas sensors is lengthy and must meet stringent regulations as well as performance requirements, which can prove to be a challenge in this situation.
Gas Sensor Market Ecosystem
Gas Sensor Market Segmentation
Market for Electrochemical technology is expected to have largest market share during the forecast period.
Electrochemical technology is expected to hold the largest share in the gas sensor market during the forecast period. Gas sensors market is relatively less affected by temperature and pressure, it offers linear output, and consumes less power, and helps measure gases at low concentration levels.
Moreover, this technology plays a crucial role in the designing and operation of gas sensors by offering a series of advantages which includes detecting and measuring various gases. This technology utilizes electrochemical principles to convert the presence of specific gases into measurable electrical signals, providing a versatile and effective approach to gas sensing. Hence, the adoption of electrochemical sensors is high.
Market for smart cities and building automation segment in the gas sensor market to have largest market size during the forecast period.
The application of gas sensor in smart cities and building automation segment is expected to hold the largest market size during the forecast period in the gas sensor market. For example, gas sensors which are installed in buildings aids in measuring indoor air quality levels, ensures a healthy and comfortable environment for occupants. Moreover, it also helps in monitoring pollutants like carbon dioxide, volatile organic compounds, and formaldehyde, and also provides real-time data to help optimize the process of ventilation systems and improve indoor air quality.
Air quality monitors segment is expected to hold the largest market share in the gas sensor market by 2028.
Air quality monitors are used to measure the level of common air pollutants and to identify and address sources of indoor air pollution, such as mold, radon, or volatile organic compounds (VOCs). Rising levels of pollutants in the atmosphere and strict government regulations for the monitoring of air pollution are likely to drive product demand.
Gas sensor market in the Asia Pacific estimated to grow at the fastest rate during the forecast period.
Due to the rapid growth of industrialization and urbanization in the Asia Pacific region which is eventually leading to increased demand for gas sensors in various industries, which includes chemical, energy, and environmental monitoring.
Moreover, as industries are expanding and there is eventually a rise in production levels, affecting the demand for gas sensors responsible for monitoring and controlling industrial processes. However, gas sensors are crucial for ensuring safety, preventing hazardous gas leaks, and optimizing industrial operations.
Moreover, increasing urbanization and income levels and ongoing construction activities for the development of residential and commercial infrastructure in Asia Pacific are expected to lead to demand for HVAC systems equipped with gas sensors in the region, thereby fueling the growth of the gas sensor market growth in the region.
Gas Sensors Market Statistics by Region
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Top Gas Sensors Companies - Key Market Players
Major vendors in the gas sensor market include
- Honeywell International Inc. (US),
- MSA Safety Incorporated (US),
- Amphenol Corporation (US),
- Figaro Engineering Inc. (Japan),
- Alphasense (UK),
- Sensirion AG (Switzerland),
- ams-OSRAM AG (Austria),
- Process Sensing Technologies (UK),
- MEMBRAPOR (Switzerland),
- Senseair AB (US).
Gas Sensors Market Report Scope
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Report Metric |
Details |
| Estimated Market Size | USD 1.5 billion in 2023 |
| Projected Market Size | USD 2.3 billion by 2028 |
| Gas Sensors Market Growth Rate | 9.7% |
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Gas Sensors Market size available for years |
2019—2028 |
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Base year |
2022 |
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Forecast period |
2023—2028 |
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Forecast Units |
USD Million/USD Billion |
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Segments Covered |
Product, Technology, Connectivity, Output type, Type, Application and Region |
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Geographic regions covered |
North America, Europe, Asia Pacific, and RoW |
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Companies covered |
Honeywell International Inc. (US) , MSA Safety Incorporated (US), Amphenol Corporation (US), Figaro Engineering Inc. (Japan), Alphasense (UK), Sensirion AG (Switzerland), Process Sensing Technologies (UK), ams-OSRAM AG (Austria), MEMBRAPOR (Switzerland), Senseair AB (US), Niterra Co., Ltd. (Japan), Nissha Co., Ltd. (Japan), Renesas Electronic Corporation (Japan), Breeze Technologies (Germany), eLichens (France), Bosch Sensortec GmbH (Germany), Danfoss (Denmark), Edinburgh Sensors (Uk), GASTEC Corporation (Japan), Nemoto & Co., Ltd. (Japan), SPEC Sensors (US), SIA MIPEX (Russia), Cubic Sensor and Instrument Co., Ltd. (China), and Zhengzhou Winsen Electronics Technology Co., Ltd. (China). |
Gas Sensors Market Highlights
This research report categorizes the gas sensor market based on Product, Technology, Connectivity, Output type, Type, Application and Region
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Recent Developments in Gas Sensors Industry
- In August 2023, Figaro Engineering Inc. announced the launch of the hydrogen sensor (TGS2616-C00 / C01) with small size and low power consumption. It is also used as Hydrogen detection for steel plant safety, leak detection for gas appliances.
- In October 2022, Alphasense announced the launch of photoionization detection (PID) sensors under the Industrial Safety & Air Quality Monitoring segment. These sensors offer customers a broader choice of detection ranges, short lead times and exceptional value.
Critical questions answered by this report:
What are the key strategies adopted by key companies in the gas sensor market?
Product launches, acquisitions, and collaborations have been and continue to be some of the major strategies the key players adopt to grow in the gas sensor market.
What region dominates the gas sensor market?
The Asia Pacific region will dominate the gas sensor market.
What application dominates the gas sensor market?
The Smart Cities & building automation segment is expected to dominate the gas sensor market.
Which gas type dominates the gas sensor market?
The Volatile organic compounds segment is expected to have the largest market size during the forecast period.
Who are the major companies in the gas sensor market?
The major players in the gas sensor include Honeywell International Inc. (US), MSA Safety Incorporated (US), Amphenol Corporation (US), Figaro Engineering Inc. (Japan), and Alphasense (UK).
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The research process for this study included systematic gathering, recording, and analysis of data about customers and companies operating in the gas sensor market. This process involved the extensive use of secondary sources, directories, and databases (Factiva, Oanda, and OneSource) for identifying and collecting valuable information for the comprehensive, technical, market-oriented, and commercial study of the gas sensor market. In-depth interviews were conducted with primary respondents, including experts from core and related industries and preferred manufacturers, to obtain and verify critical qualitative and quantitative information as well as to assess growth prospects. Key players in the gas sensor market were identified through secondary research, and their market rankings were determined through primary and secondary research. This research included studying annual reports of top players and interviewing key industry experts such as CEOs, directors, and marketing executives.
Secondary Research
In the secondary research process, various sources were used to identify and collect information important for this study. These include annual reports, press releases & investor presentations of companies, white papers, technology journals, certified publications, articles by recognized authors, directories, and databases.
Secondary research was mainly used to obtain key information about the industry's supply chain, the total pool of market players, the classification of the market according to industry trends to the bottom-most level, regional markets, and key developments from the market and technology-oriented perspectives.
Primary Research
Primary research was also conducted to identify the segmentation types, key players, competitive landscape, and key market dynamics, such as drivers, restraints, opportunities, challenges, and industry trends, along with key strategies adopted by players operating in the gas sensor market. Extensive qualitative and quantitative analyses were performed on the complete market engineering process to list key information and insights throughout the report.
Extensive primary research has been conducted after acquiring knowledge about the gas sensor market scenario through secondary research. Several primary interviews have been conducted with experts from both demand (end users) and supply side (gas sensor manufacturers/providers) across four major geographic regions: North America, Europe, Asia Pacific, and RoW. Approximately 80% and 20% of the primary interviews have been conducted from the supply and demand side, respectively. These primary data have been collected through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the gas sensor market and various other dependent submarkets. Key players in the market were identified through secondary research, and their market share in the respective regions was determined through primary and secondary research. This entire research methodology included the study of annual and financial reports of the top players, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (quantitative and qualitative).
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Gas Sensor Market: Bottom-Up Approach
Gas Sensor Market: Top-down Approach
Data Triangulation
After arriving at the overall market size from the market size estimation process, as explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, market breakdown and data triangulation procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market has been validated using top-down and bottom-up approaches.
Market Definition
Gas sensors are components that detect the concentration of gases such as oxygen, carbon monoxide, carbon dioxide, ammonia, hydrocarbons, and chlorine in the air using electrochemical, metal-oxide-semiconductor (MOS), catalytic, infrared, and laser technologies. These sensors are used in water & wastewater treatment, automotive & transportation, medical, oil & gas, food & beverage, metal & chemical, mining, consumer electronics, power stations, and smart city & building automation applications to measure the concentration of different gases in the air.
Key Stakeholders
- Raw material suppliers
- Component manufacturers and providers
- Sensor manufacturers and providers
- Original equipment manufacturers
- ODM and OEM technology solution providers
- Software service providers
- Gas sensing sensors and devices suppliers and distributors
- Market research and consulting firms
- Associations, organizations, forums, and alliances related to the gas sensor industry
- Technology investors
- Governments and financial institutions
- Venture capitalists, private equity firms, and start-up companies
- End-users
Report Objectives
- To describe, segment, and forecast the gas sensor market, in terms of value, based on product, gas type, technology, connectivity, output type, and application.
- To describe and forecast the market for four key regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW), in terms of value.
- To describe elements with varied types and application modes of the gas sensor market.
- To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the gas sensor market
- To provide a detailed overview of the supply chain and ecosystem pertaining to the gas sensor market, along with the average selling prices of components of the gas sensor market.
- To strategically analyze the ecosystem, tariffs and regulations, patent landscape, trade landscape, and case studies pertaining to the market under study
- To strategically analyze micro markets with regard to individual growth trends, prospects, and contributions to the overall market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market
- To analyze competitive developments such as product launches and developments, expansions, partnerships, collaborations, contracts, and mergers and acquisitions in the gas sensor market
- To strategically profile the key players in the gas sensor market and comprehensively analyze their market ranking and core competencies
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Generating Response ...
Growth opportunities and latent adjacency in Gas Sensors Market
We need information regarding Gas sensors specifically in the medical industry. In Europe, Ireland and UK are the target markets, this is required for university research project.
AerNos will change the world
HVAC comprises a number of gas sensors uses to monitor the indoor air and control the ventilation. Do you have gas sensor data for HVAC applications in APAC?
Does the report include price and necessary measurement rages for low cost MOX sensors? Can you provide any comparison of these sensors with Electrochemical sensors?
Could I get a sample report? I want to get a sense of what type of data I would get if we buy this report
The government mandates is one of the major factor influencing the growth of gas sensor market. What would be impact of government mandates in long term like after 3 years and 5 years?
I need to know some additional coverage details on this report, specifically if the gas type is expanded beyond the description. BTEX, bio-aerosols, microorganism's, and other carbon/biologic compounds are of specific interest.
The VOC sensor is widely used these days in smart cities and building applications. How do you look towards the use of VOCs in consumer electronics applications? Do you have VOC market estimations for various applications?
There has been a huge research in the use of miniaturized and wireless gas sensors. How do you look towards the use of miniaturized gas sensors used in portable sensors? Do you have MEMS gas sensor forecasts for next 5 years?
We are building an application that uses sensors and provides critical alarms for threshold violations. This report will help us to gauge the market and align our product accordingly. Can you share the report brochure or sample?
Good evening, I'm an Italian student and for study purposes, I'm interested in the market forecasts for MOS-type gas sensors only. Aware I'm asking a lot, do you think I could have some information in that field only?
I am a graduate student researching gas sensor use cases and market sizing in smart cities. Specifically I am interested in optical and metal oxide detectors.
We are looking for market sizes of Gas sensors for gases like ammonia, CO, hydrocarbons. Further, we are more interested in Electrochemical type gas sensors.
We’d mainly like to know the below points. As you may guess, we are working on an investigation into specifically CO2 sensor companies market analysis and opportunity. 1. Market size transition (actual to forecast) of CO2 Sensors market by below segments and factors. A) For building use B) For smart house use C) For automotive use D) For IoT use 2. Competitor intelligence (incl. strategy, SWOT analysis) A) Sense Air - Sweden B) Amphenol – U.S. C) Cubic - China D) Figaro Engineering - Japan E) Others
Automotive and transportation sector is the most important application of gas sensors. Do you have market estimations for oxygen and NOx gas sensors used for the monitoring of in-cabin air quality monitoring?
I am a doctoral student with specialization in gas sensor field. I want to learn more from the report brochure so that I could better understand industry dynamics in this field. Can you please share the brochure with me?
Does the report provide insights on MEMS-based gas sensors and their market potential in general and especially in consumer electronics, environmental and building automation applications?