The
global gas sensors market is expected to reach a value of USD 2.32
billion by 2018, at a CAGR of 5.7% from 2012 to 2018. Strengthening
government regulations for exhaust emission control and growing
concerns towards occupational safety and health are some important
factors driving the demand for gas sensors, globally. Europe was the
largest contributor to the global gas sensors market in 2012,
accounting for around 30% share of the overall market. Asia Pacific,
growing at a CAGR of 6.9% during the forecast period from 2012 to
2018, is expected to be the fastest growing regional market for gas
sensors.
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Some
of the major gas sensing technologies include electrochemical,
semiconductor, catalytic, infrared, PID (photoionization detector),
and solid state, among others. Gas sensors based on electrochemical
and semiconductor gas sensing technologies held the largest market
share of around 21% and 20%, respectively, in 2012. Better
efficiency, fast response time, and cost effectiveness are some
important factors that led to the growth of gas sensors based on
these technologies.
The
major application areas for gas sensors include automotive industry,
petrochemical industry, manufacturing processes, and environmental
applications among others. Gas sensors are primarily used for indoor
and outdoor air quality monitoring and maintenance, detection of
combustible and toxic gases, exhaust emission control in automobiles
and others. Gas sensors are largely used in industrial applications
to monitor and detect concentrations of various toxic and combustible
gases.
Industrial
applications is the largest end-user market for gas sensors that
accounted for around 20% share in 2012 followed by automotive
industry with a share of around 16% in 2012. Automotive gas sensor is
the fastest growing segment and is expected to grow at a CAGR of 6.1%
during the forecast period from 2012 to 2018. The growing
incorporation of gas sensors in automobiles for comfort and safety of
passengers is mainly responsible for the growth of the automotive gas
sensors market. Gas sensors in automobiles are used for monitoring
cabin air quality, exhaust gas emission control, and others. The
medical sector is another important end-user industry for gas sensors
which is expected to grow at a CAGR of 6.0% from 2012 to 2018. Gas
sensors are used to detect the presence of anesthesia gases in
operation theatres and also to detect gases such as nitrogen, helium
and others. Growing use of gas sensors in breath analysis to check
the health of patients is also driving the demand for gas sensors.
Some other application areas of gas sensors include R&D
laboratories, educational institutes, power generation, and others.
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The
major product segments of the gas sensors market include oxygen
sensors (O2), carbon dioxide sensors (CO2), carbon monoxide sensors
(CO), nitrous oxide sensors (NOx), and other gas sensors such as
methane sensors, nitrogen sensors, hydrogen sensors etc. CO2 is the
largest product segment that accounted for around 25% share of the
total gas sensors market in 2012 followed by carbon monoxide gas
sensors that held a share of around 15% of the total gas sensors
market in the same year. High concentration of CO2 causes depletion
of oxygen in the air and creates a hazardous situation for humans.
One of the major reasons for the growth of CO2 sensors is their
capability to detect incipient spoilage in controlled packages and
storage spaces.
Some
of the major players engaged in gas sensors manufacturing include
City Technology, Alphasense, Membrapor, Dynament, Figaro Engineering,
and others. City Technology is leading the global gas sensor
manufacturing and held a share of around 28% in 2012 followed by
Alphasense and Membrapor in 2012.
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The
global gas sensors market is segmented as below:
Gas
Sensors Market
By
gas sensing technology
- Electrochemical
- Semiconductor
- Solid state
- PID
- Catalytic
- Infrared
- Others (paramagnetic, thermal conductivity, and so on)
- By product
- Oxygen sensor
- Carbon dioxide sensor
- Carbon monoxide sensor
- Nitrous oxide sensor
- Others (Methane, Ammonia, Hydrocarbons, and so on)
By
end use industry
- Medical
- Petrochemical
- Automotive
- Environmental
- Building automation and domestic appliance
- Industrial
- Others (R&D laboratories, educational institutes, and so on)
By
geography
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
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