GITNUX MARKETDATA REPORT 2024
Gas Sensor Industry Statistics
The Gas Sensor Industry is experiencing steady growth due to increased demand for air quality monitoring and safety applications across various sectors.
In this post, we will explore key statistics and trends in the gas sensor industry, shedding light on market values, growth projections, market shares, and sector-specific insights. From the dominance of specific sensor types to regional market dynamics, these statistics offer a comprehensive overview of the evolving landscape in the global gas sensor market.
Statistic 1
"The global gas sensor market size was valued at USD 2.19 billion in 2019."
Statistic 2
"The market is anticipated to register a CAGR of 8.3% from 2020 to 2027."
Statistic 3
"In 2020, Asia Pacific emerged as the largest market for gas sensors."
Statistic 4
"The carbon dioxide sensor segment held the largest market share in 2019."
Statistic 5
"Europe is expected to reach over $1 billion market by 2027 in the gas sensor industry."
Statistic 6
"The infrared technology segment is predicted to see 7% growth from 2020 to 2026."
Statistic 7
"The medical sector accounted for 19.3% of the overall gas sensor market revenue share in 2019."
Statistic 8
"The infrared gas sensor is expected to grow at the highest CAGR of 10.4% from 2020 to 2027."
Statistic 9
"North America gas sensor market in the automotive sector is expected to grow at a CAGR of 6% by 2026."
Statistic 10
"The industrial safety application segment accounted for 22.1% of the overall gas sensor market revenue share in 2020."
Statistic 11
"Oxygen sensors dominate the market with a 27.3% share of the total market revenue."
Statistic 12
"The consumer electronics sector for gas sensors is projected to grow at a CAGR of 12.5% throughout 2021-2026."
Statistic 13
"Gas sensors find 16% of their application in environmental monitoring."
Statistic 14
"Metal-oxide-semiconductor gas sensor is expected to witness the highest CAGR of 6.4% during the forecast period of 2021-2026."
Statistic 15
"Gas sensors are anticipated to reach a market value of AUD 1,290 million by 2031 in Australia."
Statistic 16
"There's a prediction that the demand for air quality monitoring systems will account for nearly 1/3rd of the total demand in the Australia gas sensors market by 2031."
Statistic 17
"The consumer electronics applications of gas sensors in China contribute around 40% to the global market."
Statistic 18
"Emerging economies like India and China are expected to be the fastest growing market at CAGR of 9.7% by 2027."
Statistic 19
"The Electrochemical gas sensor is a major type of gas sensor in the market with a 32% market share in 2020."
Jannik Lindner
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