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Gas Sensors Market Will Grow due to the High Demand in Medical Segment
According to a report available on Radiant Insights, Inc., the worldwide gas sensor market is projected to accrue lucrative gains by 2021. Supportive initiatives in developed regions such as North America and Europe to improve professional health as well as safety are anticipated to drive the market during the forecast period (2016 to 2021). Moreover, rising demand from end-use industries is likely to have a positive impact on the market. A gas sensor detects the existence of gases in a specific area. Smart and wireless sensors have high demand owing to their efficiency in sensing toxic gases in risky environments. Technological progression in embedded electronics and improved manufacturing processes are projected to drive the gas sensor market.
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Oxygen detecting products are installed in automobiles to maintain carbon oil quality. Numerous forms of toxic substances, such as Nitrogen Dioxide (NO2) and Hydrogen Sulfide (H2S) are extensively used in manufacturing processes, which holds a high potential risk for operators. Consequently, it is necessary to monitor concentration of these toxic elements in industrial atmospheres to avoid accidents. In the automotive segment, NOx and carbon monoxide (CO) sensing detectors are installed for emission control. Growing implementation of smart and wireless sensing technologies is likely to boost product demand over the forecast period. However, high cost of sensing devices may restrain market growth. Integrated Device Technology, Inc. has developed the “IDT ZMOD3250” gas sensor, which is based on embedded technologies. This is a tiny but highly sensitive gas sensor, which can detect air quality and identify various volatile organic compounds such as ethanol and formaldehyde. An inbuilt chip consists of unique silicon micro hotplate with a nanostructure sensing material to offer accurate levels of gas.The industrial segment is anticipated to dominate the global industry in future. Gas sensing devices are essential in residential as well as commercial settings for monitoring harmful emissions and avoiding deficiency of oxygen. The medical segment is also expected to experience high growth due to increased demand for monitoring oxygen concentration in incubators and ventilators. The Asia Pacific market has been the leading regional segment in the past owing to technological progressions in countries such as China, India, and Japan. Rising demand for integrated products used in handheld devices has also spurred growth activities. Moreover, favorable government regulations, including the Safety, Wealth, and Welfare Act, are projected to boost regional demand. Prominent players operating in the market include Bosch Sensortec GmbH, Emerson, Figaro Engineering, Amphenol Advanced Sensors, and Cambridge CMOS Sensor.Download Full Research Report of Gas Sensors Market @ www.radiantinsights.com/research/global-electrochemical-gas-sensors-market-professional-survey-report-2017
The worldwide gas sensor market is segmented based on type, application, and region. By type, the major segments are oxygen, carbon dioxide (CO2), nitrogen oxide (NO2), ammonia (NH3), hydrogen sulphide (H2S), chlorine, methane (CH4), and others. Carbon dioxide detectors have a high demand in bulk food storage for sensing initial spoilage and accessing CO2 levels in controlled packages. Based on application, key classifications are automotive, metal and chemical, medical, environmental, food, oil and gas, consumer electronics, transport and logistics, domestic, and others. Geographically, the worldwide gas sensor market is divided into North America, Europe, and South Asia. Emission control standards and energy conservation initiatives in Europe are projected to support regional demand inthe automotive sector.