Global Gas Sensors, Detectors, and Analyzers Growth Opportunities

Global Gas Sensors, Detectors, and Analyzers Growth Opportunities

Future Growth Potential Due to Increased Safety and Security Requirements of Gas Sensors, Detectors, and Analyzers

RELEASE DATE
13-Sep-2021
REGION
Global
Deliverable Type
Market Research
Research Code: K5CC-01-00-00-00
SKU: ES01190-GL-MT_25769
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Global Gas Sensors, Detectors, and Analyzers Growth Opportunities
Published on: 13-Sep-2021 | SKU: ES01190-GL-MT_25769

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The global gas sensors, detectors, and analyzers market is estimated to experience an approximate 3.6% compound annual growth rate (CAGR) from 2020 to 2025.

End-user analysis of the following industries is discussed:
• Oil & Gas
• Chemicals & Petrochemicals
• Water & Wastewater
• Metals & Mining
• Power Generation & Transmission

Oil & gas, and chemicals & petrochemicals industries are the biggest end users of gas sensors, detectors, and analyzer devices.

Further, market growth for market segments is forecasted, and an in-depth analysis of the competitive situation including vendors' market shares is also included. The global gas sensors, detectors, and analyzers market generated $3,563.6 million in 2020, with a base year decline of 5.0%. The market is set to grow once the impact of COVID-19 eases out.

The study offers a holistic picture of the opportunities, challenges, and threats for the vendors across the globe.

Key Features

The objective of this study is to identify the key trends prevailing in the market in the base year 2020 and the factors that boost and restrain market growth. In particular, it also discusses the product areas that bolster growth for the forecast period 2020 to 2025.

With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2025. For this purpose, a specific methodology that includes discussion with senior management of gas sensors, detectors and analyzer manufacturers, supported by secondary research, is followed.

Research Highlights

  • An in-depth industry analysis with market sizing of product segments that include gas sensors, detectors, and analyzers.
  • The regional perspective of demand pattern in various advanced and emerging markets, such as North America, Europe, Middle East and Africa, Asia-Pacific, and the emerging regions including Latin America.

The APAC region offers high growth opportunities during the forecast period. Government initiative in the US region to curb industrial emissions by 2025 is driving the growth of gas sensors in the region. Coastal Gas Link pipeline, which is set to provide natural gas to one of the biggest LNG projects in Canada’s history, is halfway complete and on track to start up by 2023. 

Author: Janani Balasundar

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Gas Sensors, Detectors, and Analyzers Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Gas Sensors, Detectors, and Analyzers Market Scope of Analysis

Gas Sensors, Detectors, and Analyzers Market Segmentation

Gas Sensor Segment

Gas Detectors Segment

Gas Sensor Technology Definitions

Gas Analyzers Segment

Key Competitors—Gas Sensors, Detectors, and Analyzers Market

Key Growth Metrics—Gas Sensors, Detectors, and Analyzers Market

Distribution Channels—Gas Sensors, Detectors, and Analyzers Market

Growth Drivers—Gas Sensors, Detectors, and Analyzers Market

Growth Restraints—Gas Sensors, Detectors, and Analyzers Market

Forecast Assumptions—Gas Sensors, Detectors, and Analyzers Market

Revenue and Unit Shipment Forecast—Gas Sensors, Detectors, and Analyzers Market

Revenue Forecast by Region—Gas Sensors, Detectors, and Analyzers Market

Revenue Forecast by Market Segmentation—Gas Sensors, Detectors, and Analyzers Market

Revenue Forecast Analysis—Gas Sensors, Detectors, and Analyzers Market

Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market

Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)

Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)

Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)

Forecast Analysis by Region—Gas Sensors, Detectors, and Analyzers Market (continued)

Key Growth Metrics—Gas Sensors

Revenue and Unit Shipment Forecast—Gas Sensors

Forecast Analysis—Gas Sensors

Revenue Forecast by Region—Gas Sensors

Unit Shipment Forecast by Region—Gas Sensors

Revenue Forecast by Industry Vertical—Gas Sensors

Forecast Analysis by Industry Vertical—Gas Sensors

Forecast Analysis by Industry Vertical—Gas Sensors (continued)

Revenue Forecast by Technology—Gas Sensors

Revenue Forecast by Type of Gas Detected—Gas Sensors

Pricing Trends and Forecast Analysis—Gas Sensors

Competitive Environment—Gas Sensors

Revenue Share—Gas Sensors

Revenue Share Analysis—Gas Sensors

Key Growth Metrics—Gas Detectors

Revenue and Unit Shipment Forecast—Gas Detectors

Forecast Analysis—Gas Detectors

Revenue Forecast by Region—Gas Detectors

Unit Shipment Forecast by Region—Gas Detectors

Revenue Forecast by Industry Vertical—Gas Detectors

Forecast Analysis by Industry Vertical—Gas Detectors

Forecast Analysis by Industry Vertical—Gas Detectors (continued)

Revenue Forecast by Type of Gas Detected—Gas Detectors

Revenue Forecast by Product Type—Gas Detectors

Unit Shipment Forecast by Product Type—Gas Detectors

Key Growth Metrics—Fixed Gas Detectors

Revenue and Unit Shipment Forecast—Fixed Gas Detectors

Forecast Analysis—Fixed Gas Detectors

Revenue Forecast by Region—Fixed Gas Detectors

Unit Shipment Forecast by Region—Fixed Gas Detectors

Revenue Forecast by Industry Vertical—Fixed Gas Detectors

Revenue Forecast by Technology—Fixed Gas Detectors

Pricing Trends and Forecast Analysis—Fixed Gas Detectors

Competitive Environment—Fixed Gas Detectors

Revenue Share—Fixed Gas Detectors

Revenue Share Analysis—Fixed Gas Detectors

Revenue Share Analysis—Fixed Gas Detectors (continued)

Key Growth Metrics—Portable Gas Detectors

Revenue and Unit Shipment Forecast—Portable Gas Detectors

Revenue Forecast by Technology—Portable Gas Detectors

Revenue Forecast by Technology—Portable Gas Detectors (continued)

Revenue Forecast by Technology—Portable Gas Detectors (continued)

Forecast Analysis—Portable Gas Detectors

Forecast Analysis—Portable Gas Detectors (continued)

Revenue Forecast by Region—Portable Gas Detectors

Unit Shipment Forecast by Region—Portable Gas Detectors

Revenue Forecast by Industry Vertical—Portable Gas Detectors

Pricing Trends and Forecast Analysis—Portable Gas Detectors

Competitive Environment—Portable Gas Detectors

Revenue Share—Portable Gas Detectors

Revenue Share Analysis—Portable Gas Detectors

Revenue Share Analysis—Portable Gas Detectors (continued)

Key Growth Metrics—Gas Analyzers

Revenue and Unit Shipment Forecast—Gas Analyzers

Forecast Analysis—Gas Analyzers

Revenue Forecast by Region—Gas Analyzers

Unit Shipment Forecast by Region—Gas Analyzers

Revenue Forecast by Industry Vertical—Gas Analyzers

Forecast Analysis by Industry Vertical—Gas Analyzers

Forecast Analysis by Industry Vertical—Gas Analyzers (continued)

Revenue Forecast by Technology—Gas Analyzers

Forecast Analysis by Technology—Gas Analyzers

Pricing Trends and Forecast Analysis—Gas Analyzers

Competitive Environment—Gas Analyzers

Revenue Share—Gas Analyzers

Revenue Share Analysis—Gas Analyzers

Growth Opportunity 1: IoT Connectivity and AI-based Gas Detection Solutions for Industrial Processes

Growth Opportunity 1: IoT Connectivity and AI-based Gas Detection Solutions for Industrial Processes (continued)

Growth Opportunity 2: Wearable Gas Sensors for End-user Ease and Manufacturer Expansion Into Emerging Applications

Growth Opportunity 2: Wearable Gas Sensors for End-user Ease and Manufacturer Expansion Into Emerging Applications (continued)

Growth Opportunity 3: Innovative Business Models, Such as Gas Detection-as-a-Service Will Drive Operational Efficiencies by Reducing Costs and Increasing ROI

Growth Opportunity 3: Innovative Business Models, Such as Gas Detection-as-a-Service Will Drive Operational Efficiencies by Reducing Costs and Increasing ROI (continued)

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The global gas sensors, detectors, and analyzers market is estimated to experience an approximate 3.6% compound annual growth rate (CAGR) from 2020 to 2025. End-user analysis of the following industries is discussed: • Oil & Gas • Chemicals & Petrochemicals • Water & Wastewater • Metals & Mining • Power Generation & Transmission Oil & gas, and chemicals & petrochemicals industries are the biggest end users of gas sensors, detectors, and analyzer devices. Further, market growth for market segments is forecasted, and an in-depth analysis of the competitive situation including vendors' market shares is also included. The global gas sensors, detectors, and analyzers market generated $3,563.6 million in 2020, with a base year decline of 5.0%. The market is set to grow once the impact of COVID-19 eases out. The study offers a holistic picture of the opportunities, challenges, and threats for the vendors across the globe.--BEGIN PROMO--

Key Features

The objective of this study is to identify the key trends prevailing in the market in the base year 2020 and the factors that boost and restrain market growth. In particular, it also discusses the product areas that bolster growth for the forecast period 2020 to 2025.

With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2025. For this purpose, a specific methodology that includes discussion with senior management of gas sensors, detectors and analyzer manufacturers, supported by secondary research, is followed.

Research Highlights

  • An in-depth industry analysis with market sizing of product segments that include gas sensors, detectors, and analyzers.
  • The regional perspective of demand pattern in various advanced and emerging markets, such as North America, Europe, Middle East and Africa, Asia-Pacific, and the emerging regions including Latin America.

The APAC region offers high growth opportunities during the forecast period. Government initiative in the US region to curb industrial emissions by 2025 is driving the growth of gas sensors in the region. Coastal Gas Link pipeline, which is set to provide natural gas to one of the biggest LNG projects in Canada’s history, is halfway complete and on track to start up by 2023. 

Author: Janani Balasundar

More Information
Deliverable Type Market Research
No Index No
Podcast No
Predecessor NA
Author Nandini Bhattacharya
Industries Electronics and Sensors
WIP Number K5CC-01-00-00-00
Is Prebook No
GPS Codes 9404-A5,9405-A5,9594,9ACC-A5,9593