Gas Sensor Market Size, Share & Trends Analysis Report By Product (Oxygen /Lambda Sensors, Carbon Dioxide Sensors), By Type (Wired, Wireless), By Technology, By End-use, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global gas sensor market size was valued at USD 2.69 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.5% from 2023 to 2030. The major factor driving the market is the development of miniaturization and wireless capabilities, coupled with the improvement in the communication technologies that enable their integration into various devices and machines to detect toxic gases at a safe distance. Gas sensors are used to constantly control and monitor the gas emissions from various industrial processes ranging from domestic and industrial. Additionally, the rising demand to control harmful emissions from critical industries also bodes well for the growth of the market.

Advances and innovations in technology are allowing gas sensor manufacturers to develop smart gas sensors. Various companies are also developing drone-based gas leak detection systems to provide better safety for the operators of pipelines across the globe. For instance, In April 2021, ABB Ltd. launched the HoverGuard, a drone-based gas leak detection system. HoverGuard detects, maps, and quantifies leaks up to 100 meters from natural gas distribution and storage facilities, transmission pipelines, gathering lines, and other potential sources safely, quickly, and reliably. Such technological developments bode well for the growth of the market.

Stringent government regulations to reduce the emissions from cars are expected to drive the demand for the gas sensor market over the forecast period.Rules and regulations are imposed by government bodies across the world on the emission of gas from cars. For instance, in April 2020, the Corporate Average Fuel Economy and greenhouse gas emission standards for passenger cars were amended by the National Highway Traffic Safety Administration and the EPA. Thus, the imposed limitation on gas emissions from vehicles creates demand for gas sensors as it decreases atmospheric pollution and increases fuel efficiency.

Numerous industries such as chemical, oil & gas, and power use gas sensors to detect the presence of various combustible and toxic gases. A huge number of gases such as carbon monoxide, carbon dioxide, hydrocarbons, and ammonia are released into the air by these industries. An excess number of emissions of these gases can adversely affect human health. Moreover, for power generation, methane is being used widely. Methane is a greenhouse gas that is highly inflammable and forms explosive mixes in the air if the methane leaks are not detected properly. Hence new sensor technologies are being developed, such as substance-specific electrochemical sensors and Non-dispersive Infrared (NDIR) sensors that are used to detect methane and other gases in industries.

The outbreak of the COVID-19 pandemic is expected to create growth opportunities for the market. The pandemic has affected the additional requirement of oxygen for hospitalized patients. This has propelled various hospitals to efficiently manage oxygen use through oxygen sensors. Oxygen sensors are widely used in hospitals to detect oxygen leaks and assist in protecting patients. Additionally, manufacturers have also developed sensors to meet the high demand from ventilator manufacturers. For instance, in March 2020, Sensirion developed a new flow sensor, SFM3019, to the market. This development was expected to meet the increasing demand from ventilator manufacturers.

Product Insights

The carbon dioxide (CO2) sensors segment dominated the market in 2022 and accounted for a share of more than 31.0% of the global revenue. Carbon dioxide sensors are mainly used for monitoring indoor air quality in homes, office buildings, automotive, healthcare, and other applications. Numerous companies are focusing on developing MEMS-based carbon dioxide sensors for various applications. For instance, in January 2021, TDK Corporation introduced its TCE-11101, a miniaturized, low-power MEMS gas sensor platform for direct and accurate measurement of carbon dioxide in-home, healthcare, automotive, IoT, and other applications. Such initiatives bode well for the growth of the segment.

The carbon monoxide (CO) sensors segment is anticipated to register significant growth over the forecast period. Fatalities stemming from carbon monoxide poisoning are driving the need for carbon monoxide sensors. Government regulations to ensure safety in workplaces are increasing the growth of the carbon monoxide sensors market. For instance, in the U.S., carbon monoxide poisoning has prompted the government to deploy carbon monoxide detectors across various states in the U.S. As such, school buildings in the U.S. states, such as Connecticut, California, Maryland, Illinois, and Maine, are required to have carbon monoxide detectors.

Type Insights

The wired segment dominated the market in 2022 and accounted for a share of more than 55.0% of the global revenue. The wired gas sensors offer benefits, such as low maintenance, compact size, low cost, and higher accuracy. In many situations, wired sensors are among the most reliable systems as they directly link the sensor to the device receiving the input, making them suitable for use in mines, oil rigs, and nuclear power plants. Additionally, the increasing adoption of wired gas sensors in residential applications is a significant factor responsible for segment growth.

The benefits provided by wireless gas sensors, such as high scalability and flexibility, cost-effectiveness, and ease of portability, are expected to drive the growth of the segment. Wireless sensors can be used in a wide range of industries, including petrochemical, manufacturing, and oil & gas. In the oil & gas sector, these sensors provide continuous monitoring of gases remotely and can be operated from the base stations, thus reducing the chances of leakage and explosion of hazardous gases.

Technology Insights

The electrochemical segment dominated the market in 2022 and accounted for a share of more than 21.0% of the global revenue. The demand for electrochemical sensors is rising as these sensors consume lesser power, have intrinsically safer operations, and offer better specificity to the target gas. Electrochemical technology can detect toxic gas concentration with the oxidation of target gas in the electrode and provides efficient measurement of the resultant current. Such factors are expected to create more demand for electrochemical technology in gas sensors from the mining sector.

The infrared segment is anticipated to register the fastest growth over the forecast period. Infrared gas sensors detect various gases, including methane, carbon monoxide, and Volatile Organic Compounds (VOC) such as acetylene, benzene, butane, and others. These gas sensors are also used in monitoring oxygen levels in ventilators and ventilators . The growth of the segment can also be attributed to the rising levels of pollution across the globe.

End-use Insights

The industrial segment dominated the market in 2022 and accounted for a share of more than 19.0% of the global revenue. Industrial gas sensors are used to monitor and detect hazardous vapors and gases and trigger visual and audible alarms. Numerous gas sensor manufacturers are focusing on developing miniature industrial gas sensors. For instance, in October 2020, DD-Scientific, a sensor manufacturer, announced the launch of the newest range of high-performance industrial gas sensors that provides the same reliability and robustness as a bigger sensor in a miniature package. Additionally, in March 2022, Sensorix GmbH, a global manufacturer and supplier of electrochemical gas sensors, announced the launch of its sensor range namely, Sensorix AsH3 1, Sensorix SiH4 50, Sensorix PH3 1, Sensorix SeH2 5, Sensorix B2H6 1, Sensorix HCl 30, and Sensorix GeH4 5 for hydrogen chloride and hydrides, which are extremely used in the semiconductor manufacturing industry.

The petrochemicals segment is anticipated to register the fastest growth over the forecast period. The LPG and LNG industry verticals have been aggressively deploying gas sensors as these industry verticals require monitoring at every step of storage, production, and transportation of gas. While natural gas production has been growing worldwide, the emphasis on safety and security at the processing facilities has also been equally strengthening. The continued growth in natural gas products is expected to drive the growth of the segment.

Gas sensors are being integrated into IoT networks, enabling remote monitoring and control of gas concentrations in various settings. This trend is driven by the growing adoption of IoT technologies in various industries, including healthcare, automotive manufacturing, and environmental monitoring.

Regional Insights

Asia Pacific dominated the market in 2022 and accounted for a share of over 32.0% of the global revenue. Increasing awareness about the impact of air pollutants on human health across the countries in the Asia Pacific, such as India and China, is driving the demand for gas sensors for air quality monitoring. Continued urbanization in the region is also contributing to the rising demand for gas sensors. Moreover, the governments in the Asia Pacific regions are investing heavily in smart city projects, thus creating significant potential for smart sensor devices. Such factors bode well for the regional market growth. For instance, under the Union Budget 2021-22, the Smart City Mission in India has been granted a budget of Rs. 6,450 crore (USD 868 million) for the fiscal year 2021-22, which is an increase from the previous fiscal year’s (2020-21) allocation of Rs. 3,400 crore (USD 457 million).

Europe is expected to witness steady growth over the forecast period. Stringent norms related to the emissions of gases and the subsequent need for emissions monitoring are expected to drive the regional market's growth. In Europe, the safety requirements require all vehicle OEMs to include gas sensor technologies in their offers. As the rules to curb pollution levels are becoming more rigorous, the popularity of gas sensors in the automotive sector to decrease pollution is expected to increase over the coming years. In addition, several regional market players are developing advanced gas sensors, which is ultimately propelling the market’s growth. For instance, in March 2022, Gas Sensing Solutions, the U.K.-based company that specializes in LED-based NDIR infra-red gas sensors, introduced a line of methane gas sensors during the Sensor+Test 2022 event. These sensors are equipped with ultra-bright LEDs and internal architecture and deliver exceptional accuracy and minimal power usage.

Key Companies & Market Share Insights

The market is fragmented in nature. Market players are pursuing various strategies such as mergers & acquisitions, new product launches, and strategic partnerships, among others, for expanding their market presence. Market players are also investing aggressively in R&D for enhancing their product offerings. Benefits associated with wireless devices are prompting market players to mainly provide wireless gas sensors.

Vendors are also focusing on expanding their product offerings. For instance, in March 2023, Sensorix GmbH revealed its new range of sensors for toxic gases at Sensor + Test 2023. The showcase features the company’s variety of gas sensors that are highly prevalent in various industries. The company is addressing the worldwide demand for top-quality gas sensors and is presenting mechanical adaptations and customized solutions for gas detectors to meet customers' requirements, as well as sensors for exotic toxic gases.

In addition, in March 2021, Robert Bosch GmbH’s Bosch Sensortec announced the launch of the BME688 sensor, which combines humidity, gas, temperature, and barometric pressure sensing with Artificial Intelligence (AI). BME688 detects the presence of many gases, including VOCs, hydrogen, and carbon monoxide, in part per billion (ppb) range. Furthermore, in October 2022, Alphasense Inc. expanded its range of products with the launch of a series of photo-ionization detection (PID) sensors to deliver its customers with exceptional performance, and a broader choice of detection ranges. Some of the prominent players in the global gas sensor market include:

• ABB Ltd.

• AlphaSense Inc.

• City Technology Ltd.

• Dynament

• Figaro Engineering Inc.

• Membrapor

• Nemoto & Co. Ltd.

• Robert Bosch LLC

• Siemens

• GfG Gas Detection UK Ltd.

• FLIR Systems, Inc.

Recent Development

• In 2023, Bosch Sensortec’s sensing solutions – the BHI260AP AI sensor system with integrated motion sensor, the BMP390 pressure sensor, the BMM150 magnetometer, and the AI-powered BME688 4-in-1 gas sensor – that power the Arduino Nicla Sense ME, formed an integral part of Arduino’s collaboration with the outdoor brand K-Way for a development competition. The contest aims to promote smart clothing ideas that can address issues such as air quality and environment monitoring

• In April 2023, Figaro Engineering displayed its latest range of gas sensor products at the NFPA Conference trade show held in Las Vegas. The products include an electrochemical carbon monoxide sensor for unconditioned space; an ultra-low power battery operable methane sensor, TGS8410; and a highly sensitive hydrogen sensor, TGS2616

• In February 2023, Figaro Engineering announced the launch of the NDIR CO2 sensor CDM7162, which is of a compact size with 8 mm thickness, and offers long-term reliability through a combination of a single-light-source dual-wavelength system with the company’s own signal processing technology. The application areas of the sensor include ventilation control and indoor air quality control

• In September 2022, Sensorix announced the launch of its ‘Satellix’ gas sensor format, which has electrochemical sensors, along with pellistors for LEL monitoring. The product has been designed for detecting gases used in semiconductor processes

• In April 2022, MEMBRAPOR launched the ETO/CA-10 sensor for ethylene oxide, which shows a highly reduced cross-sensitivity to carbon monoxide. The solution would allow for selective measurement of ethylene oxide concentrations in areas where traces of carbon monoxide are present

• In April 2022, Alphasense & AMETEK MOCON unveiled the gas sensor center of excellence at their Essex manufacturing facility. This comes as part of the acquisition of Alphasense by AMETEK MOCON in November 2021 and will help accelerate the development of their gas safety and air quality sensor ranges, while also driving investment in R&D projects

Gas Sensor Market Report Scope

Global Gas Sensor Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global gas sensor market report based on product, type, technology, end-use, and region.

• Product Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • Oxygen (O2)/Lambda Sensors

  • Carbon Dioxide (CO2) Sensors

  • Carbon Monoxide (CO) Sensors

  • Nitrogen Oxide (NOx) Sensors

  • Methyl Mercaptan Sensor

  • Others (Hydrogen, Ammonia, Hydrogen Sulfide)

• Type Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • Wireless

  • Wired

• Technology Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • Electrochemical

  • Semiconductor

  • Solid State/MOS

  • Photo-ionization Detector (PID)

  • Catalytic

  • Infrared (IR)

  • Others

• End-use Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • Medical

  • Building Automation & Domestic Appliances

  • Environmental

  • Petrochemical

  • Automotive

  • Industrial

  • Agriculture

  • Others

• Regional Outlook (Volume, Million Units; Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

  • South America

    • Brazil

  • Middle East & Africa

    • Kingdom of Saudi Arabia

    • UAE

    • South Africa