The global gas sensors market
is expected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026; it
is expected to grow at a CAGR of 7.0% during 2021–2026. Key factors fueling
this markets growth include high demand for gas sensors in critical industries,
formulation and implementation of various health and safety regulations
globally, increasing integration of gas sensors in HVAC systems and air quality
monitors, increasing air pollution level and need for air quality monitoring in
smart cities, and increased demand for gas sensors in healthcare industry
during COVID-19 pandemic. Deployment of IoT, cloud computing, and big data with
gas sensors, growing adoption of gas sensors in consumer electronics, and
increasing demand for miniaturized wireless gas sensors create a strong demand
for gas sensor for efficient industrial operations in the midst of COVID-19.
Key players in the
gas sensor market comprise companies operating at different stages of the value
chain. These include Honeywell Analytics (UK), MSA Safety Inc. (US), Amphenol
(US), Figaro Engineering (Japan), Alphasense Ltd.(UK), Sensirion AG
(Switzerland), Dynament Ltd. (UK), ams AG (Austria), MEMBRAPOR AG
(Switzerland), and Senseair AB (Sweden). Many of these companies focus on
adopting both organic and inorganic growth strategies, such as product launches
and developments, partnerships, expansions, acquisitions, and collaborations to
strengthen their position in the market.
Top 2 players in gas sensor market:
Honeywell Analytics (UK) is a combination of
different gas detection companies acquired by Honeywell International, Inc.
(Honeywell) since 2005. The company offers sensors for the detection of gases
such as oxygen, carbon monoxide, ammonia, hydrogen sulfide, nitrogen dioxide,
hydrocarbons, methane, hydrogen, chlorine, and dioxides. The company offers
industrial fire and gas systems, portable gas detection systems, flame and
centralized gas monitoring systems, and systems used in commercial building
environments.
Request For Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=245141093
Amphenol (US) is among the leading providers
of advanced sensing technologies and innovative embedded measurement solutions.
In October 2016, Amphenol acquired SGX Sensortech, which is an important player
in the gas sensor business. SGX Sensortech offers gas sensors for sensing
gases, such as carbon mono oxide, carbon dioxide, oxygen, hydrocarbon, and
methane, which are used in various industries such as automotive, mining, and
building automation. Amphenol offers gas sensors for CO2 under its product
portfolio.
About
MarketsandMarkets™
MarketsandMarkets™ provides quantified
B2B research on 30,000 high growth niche opportunities/threats which will
impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500
customers worldwide including 80% of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight industries worldwide approach
MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at
MarketsandMarkets™ are tracking global high growth markets following the
“Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with
the clients to identify new opportunities, identify most important customers,
write “Attack, avoid and defend” strategies, identify sources of incremental
revenues for both the company and its competitors. MarketsandMarkets™ now
coming up with 1,500 MicroQuadrants (Positioning top players across leaders,
emerging companies, innovators, strategic players) annually in high growth emerging
segments. MarketsandMarkets™ is determined to benefit more than 10,000
companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of
the curve.
MarketsandMarkets’s flagship
competitive intelligence and market research platform, “Knowledgestore”
connects over 200,000 markets and entire value chains for deeper understanding
of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish
Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
No comments:
Post a Comment