The global Volatile Organic Compound Gas Sensor market size is estimated to be valued at US$ 241.7 billion in 2020, and is expected to exhibit a CAGR of 6.0% over the forecast period (2022-2030).
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Growth Factors
These sensors are used for measuring the concentration of various gases in their vicinity, such as ethene, benzene, methylene chloride, propane, acetone, and ethanol among others. Increasing awareness about air pollution is one of the key opportunity drivers for the market. The demand is expected to continue rising owing to features such as the detection of explosive or toxic gases at safe distances.
The increasig imposition of regulations and policies by government associations, such as the U.S. Environmental Protection Agency (EPA) and Mine Safety and Health Administration (MSHA), has resulted in the large-scale adoption in various industries. The volatile organic compound (VOC) sensors are compact in size and can be easily installed in harsh environments. Additionally, vendors are focusing on manufacturing products that are compact and have improved electronics and can provide real-time information regarding on-field activities.
Report Coverage
| Report Scope | Details |
| Market Size | US$ 241.7 million in 2020 |
| Growth Rate | CAGR of 6.0% From 2021 to 2030 |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Type, Technology, Application |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Eyang Holdings Group Co., Ltd.; Future Electronics Inc.; Kyocera Corporation; Samsung Electro-Mechanics; Murata Manufacturing Co., Ltd.; Taiyo Yuden Co., Ltd.; TDK Corporation; Vishay Intertechnology, Inc.; Walsin Technology Corporation; and Yageo Corporation |
By Type Analysis
Single gas detection sensors detect one gas at a time and they are majorly used in automotive applications. They are best suited for combustible gases, acetone, butadiene, xylene, toluene, tetrachloroethylene, methylene chloride, and benzene, among others.
Multiple gas detection sensors are widely used in the oil and gas sector owing to their portability and cost-effectiveness. These detectors are most commonly used for monitoring pipeline operations and detecting different gases, such as benzene, methylene chloride, perchloroethylene, MTBE, and formaldehyde.
By Technology Analysis
Metal oxide semiconductor gas sensors operate when VOC gas comes in contact with metal oxide surfaces as oxidation or reduction of the gas changes conductivity or resistivity of the metal oxide surface. The conductivity of resistivity change is measured by electronic circuitry.
The main advantage of IR gas sensors is that the detector does not directly interact with the gas. They use infrared radiations for the detection of gases. They include IR source, detectors, and optical filter. However, their cost is significantly higher than the electrochemical sensors, with an estimated price of USD 250 to USD 300 per product.
By Application Analysis
While production optimization remains the main focus for implementing sensors in oil and gas, health and safety are also important aspects. As a result, the use of VOC sensors is growing at a rapid pace for the real-time tracking of reservoir environment, monitoring of pipelines, monitoring of benzene leaks, and remote monitoring of plant equipment.
The food and beverage manufacturing industry are expected to witness the rapid adoption of digital transformation and smart manufacturing initiatives in the forthcoming years.
By Regional Analysis
Europe led the market in 2018, attributed to increased IT investments and advancements in sensor technologies in the region. Growing demand for sensors that can be integrated into handheld devices has encouraged technological advancements.
Asia Pacific is anticipated to be the fastest-growing region owing to the increasing industrial automation in countries such as China, India, and Japan, where these sensors are largely used in chemical and petrochemical and oil and gas industries owing to their fast speed of response in case of a leakage of combustible gases.
Key Players
AlphaSense; City Technology Ltd.; Bosch Sensortec; ABB Ltd; Siemens AG; Aeroqual Limited; SGX Sensortech; Integrated Device Technology, Inc.; EcoSensors; and GfG Europe Ltd.
Market Segmentation
- By Type
- Single Gas Detection Sensor
- Multiple Gas Detection Sensor
- By Technology
- Photo-Ionization Detector (PID)
- Infrared-based Detection
- Metal-oxide Semiconductor
- Others
- By Application
- Oil & Gas
- Agriculture
- Automotive
- Chemical Industry
- Manufacturing
- Food & Beverages
- Metals & Mining
- Others
- Regional
- North America
- The U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- Japan
- India
- South America
- Brazil
- Middle East & Africa
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Volatile Organic Compound Gas Sensor Market, By Type
7.1. Volatile Organic Compound Gas Sensor Market, by Type, 2021-2030
7.1.1. Single Gas Detection Sensor
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Multiple Gas Detection Sensor
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Volatile Organic Compound Gas Sensor Market, By Technology
8.1. Volatile Organic Compound Gas Sensor Market, by Technology, 2021-2030
8.1.1. Photo-Ionization Detector (PID)
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Infrared-based Detection
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Metal-oxide Semiconductor
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Volatile Organic Compound Gas Sensor Market, By Application
9.1. Volatile Organic Compound Gas Sensor Market, by Application, 2021-2030
9.1.1. Oil & Gas
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Agriculture
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Automotive
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Chemical Industry
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Manufacturing
9.1.5.1. Market Revenue and Forecast (2017-2030)
9.1.6. Food & Beverages
9.1.6.1. Market Revenue and Forecast (2017-2030)
9.1.7. Metals & Mining
9.1.7.1. Market Revenue and Forecast (2017-2030)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Volatile Organic Compound Gas Sensor Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2017-2030)
10.1.2. Market Revenue and Forecast, by Technology (2017-2030)
10.1.3. Market Revenue and Forecast, by Application (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Type (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Technology (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Application (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Type (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Technology (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Application (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Type (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Technology (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Application (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Type (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Technology (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Type (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Technology (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Application (2017-2030)
Chapter 11. Company Profiles
11.1. AlphaSense
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. City Technology Ltd
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Bosch Sensortec
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. ABB Ltd
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Siemens AG
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Aeroqual Limited
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. SGX Sensortech
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Integrated Device Technology, Inc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. EcoSensors
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. GfG Europe Ltd
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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