How big is the Gas Sensors Market?

The Gas Sensors Market size is expected to reach USD 1.53 billion in 2024 and grow at a CAGR of 10.42% to reach USD 2.52 billion by 2029. Read More

What is the current Gas Sensors Market size?

In 2024, the Gas Sensors Market size is expected to reach USD 1.53 billion. Read More

Who are the key players in Gas Sensors Market?

Figaro Engineering Inc., Membrapor AG., AlphaSense Inc., Nemoto & Co. Ltd and Robert Bosch GmbH are the major companies operating in the Gas Sensors Market. Read More

Which is the fastest growing region in Gas Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Gas Sensors Market?

In 2024, the Asia Pacific accounts for the largest market share in Gas Sensors Market. Read More

What years does this Gas Sensors Market cover, and what was the market size in 2023?

In 2023, the Gas Sensors Market size was estimated at USD 1.37 billion. The report covers the Gas Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Gas Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Gas Sensors Market - Analysis, Trends & Size

Gas Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Gas Sensor Market Demand and is Segmented by Type (Oxygen, Carbon Monoxide (CO), Carbon Dioxide (CO2), Nitrogen Oxide, Hydrocarbon, and Other Types), Technology (Electrochemical, Photoionization Detectors (PID), Solid State/Metal Oxide Semiconductor, Catalytic, Infrared, and Semiconductor), Application (Medical, Building Automation, Industrial, Food and Beverage, Automotive, Transportation and Logistics, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Gas Sensors Industry Overview

The gas sensors market is fragmented because of the presence of many players. The companies offering various types of gas sensors have technological product differentiation. Hence, they are adopting competitive pricing strategies to gain market share. Some of the key players include Membrapor AG, AlphaSense Inc., Nemoto & Co. Ltd, Figaro Engineering Inc., and Robert Bosch GmbH

• October 2023—Figaro Engineering announced the opening of the Figaro Europe Office in Neuss, Germany. This strategic move aimed to bolster Figaro's presence in Europe by offering dedicated technical support to customers and local distributors. The office was expected to spearhead targeted marketing initiatives, underscoring Figaro's commitment to expanding its foothold in the European market.

• October 2023 - MEMBRAPOR AG enhanced its NO2/CA-2 sensor, boosting its sensitivity to nearly double its capability. This advancement enabled the sensor to detect lower concentrations in the ppb range. The sensor features its established catalytic O3 filter, effectively mitigating the common O3 cross-sensitivity in electrochemical NO2 sensors. It introduced the NO2/CA-20 sensor, extending its measurement capabilities to ranges of up to 20 ppm.