Global Volatile Organic Compound Gas Sensor Market Size is estimated to expand rapidly in coming years, at a CAGR of 5.25 % from 2018 to 2025. In 2017, the global market valuation was USD 1.25 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. These sensors are used to measure the intensity of multiple gasses in their vicinity, including ethane, benzene, methylene vanadium, propane, acetone, and ethanol. Increasing awareness of air and water pollution is one of the main drivers of market opportunities. Consequently, suppliers focus on compact manufacturing products that have enhanced electronics and can provide quick-time information about on-field operations. Increasing consciousness of indoor and outdoor air quality is probably driving requirement in both manufacturing and private environmental monitoring. Geographically, Europe is the leading region in the global market of volatile organic compound gas sensor.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global volatile organic compound gas sensor market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global volatile organic compound gas sensor market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global volatile organic compound gas sensor market has been segmented into single and multiple. Among which single gas detection devices detect one gas at a moment and are mainly used in automotive applications. These type of sensors are primarily best used for combustible gases, acetone, butadiene, xylene, toluene, tetrachloroethylene, methylene chloride, and benzene, among others. Processes evolving manipulation and production of hydrocarbons emit volatile organic compound gases. As a consequence, the commodity is used, amongst many others, for commercial applications such as oil extraction, chemical products, and petrochemical plants.

By Technology Insights: On the basis of technology, global volatile organic compound gas sensor market has been segmented into the photo-ionization detector (PID), infrared-based detection, metal-oxide-semiconductor, others. Among which metal oxide semiconductor segment has accounted for the largest market share in the global market of VOC gas sensor market. These products are cost-effective and detect toxic and combustible gasses. Because of the advantages such as corrosion resistance and better quality of life, they are commonly used by end-use sectors such as automotive, petrochemical, and medical.

Regional Analysis

The volatile organic compound gas sensor market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe region is expected to account the highest share in the market of VOC gas sensor owing to investments and advancements in sensor technologies. Moreover, governments ' high focus on energy efficiency and emission control norms has led to the prevalence of VOC sensors in Europe's automotive sector. The growing demand of gas sensors that can be attributed to handheld devices for multiple purposes is expected to dominate the global VOC gas sensor in the forecast period.

Asia Pacific region is expected to witness high growth in the market in the forecast period owing to increasing industrial automation in the emerging countries such as China, Japan and India. Low cost of raw material and easy availability of labors are key points for boosting the market in Asia Pacific region. North America is expected to witness high growth in upcoming time span due to high demand in the chemical and petrochemical sector. These sensors are mainly used in the chemical and petrochemical and oil and gas sectors due to their quick reaction velocity in the event of fuel gas leakage.

Global Volatile Organic Compound Gas Sensor Market Size, Share Analysis by Region 2017

Global Volatile Organic Compound Gas Sensor Market Study Objective

1. To forecast the market size of volatile organic compound gas sensor market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of volatile organic compound gas sensor market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of volatile organic compound gas sensor market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of volatile organic compound gas sensor market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the volatile organic compound gas sensor market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

AlphaSense, City Technology Ltd., Bosch Sensortec, ABB Ltd, Siemens AG, Aeroqual Limited, SGX Sensortech, Integrated Device Technology, Inc., EcoSensors, and GfG Europe Ltd are some of the key players in the market of volatile organic compound gas sensor.

Global Volatile Organic Compound Gas Sensor Market Study Report Offer You!

The global volatile organic compound gas sensor market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.