Gas Sensor Market Outlook, Business Overview, Specifications
and Emerging Countries Forecasts To 2020
“Gas Sensors Market Report Includes in-depth analysis of Market Application,
Size, Specification, Trends, Major Manufacturers and Business Strategies by
Considering Types, Market Segmentation and Analysis.”
Industry Insights
The Gas Sensor Market size by sales was valued at $1.78 billion in 2013 and is anticipated to grow at a CAGR of
5.1% over the forecast period. Innovations, modern technologies, embedded electronics and enhanced
manufacturing procedures are likely to drive the gas sensors market. For instance, as per the vehicle emission
standard, the permissible amount of specific air pollutants that released by engines to the atmosphere is
predetermined, and sensors such as NOx and CO detectors makes it possible to monitor and keep the level of
pollutants as per norms, thus increasing the global revenue growth. Furthermore, cabin air quality can be
checked by the amount of oxygen present in the room or in transportation mediums by deploying oxygen
sensors. Moreover, the growing industrialization worldwide releases the toxic fumes into the surroundings and
atmosphere endangering the nearby life, boosting the demand for gas sensors to monitor these toxic elements
in the air. Other key drivers fueling the demand are increasing adoption of these systems to ensure safety &
health, smart sensors and wireless technologies.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/gas-sensor-market/request-sample
Product Insights
Oxygen sensors is a dominating segment of the market with 10% of the total revenue in 2013 and are
anticipating a further growth over the period. CO2 sensing systems have been witnessing increasing demand