Global Gas Analyzer, Sensor and Detector Market to Reach $4.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Gas Analyzer, Sensor and Detector estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Electrochemical, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Infrared segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $965.3 Million, While China is Forecast to Grow at 7.1% CAGR
The Gas Analyzer, Sensor and Detector market in the U.S. is estimated at US$965.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$990.4 Million by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Metal Oxide Semiconductor Segment to Record 4.3% CAGR
In the global Metal Oxide Semiconductor segment, USA, Canada, Japan, China and Europe will drive the 3.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$400.5 Million in the year 2020 will reach a projected size of US$523.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$645.1 Million by the year 2027, while Latin America will expand at a 5.3% CAGR through the analysis period.
Select Competitors (Total 41 Featured):
Amid the COVID-19 crisis, the global market for Gas Analyzer, Sensor and Detector estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. Electrochemical, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Infrared segment is readjusted to a revised 4.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $965.3 Million, While China is Forecast to Grow at 7.1% CAGR
The Gas Analyzer, Sensor and Detector market in the U.S. is estimated at US$965.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$990.4 Million by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Metal Oxide Semiconductor Segment to Record 4.3% CAGR
In the global Metal Oxide Semiconductor segment, USA, Canada, Japan, China and Europe will drive the 3.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$400.5 Million in the year 2020 will reach a projected size of US$523.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$645.1 Million by the year 2027, while Latin America will expand at a 5.3% CAGR through the analysis period.
Select Competitors (Total 41 Featured):
- ABB Ltd.
- AMETEK, Inc.
- California Analytical Instruments, Inc.
- Dragerwerk AG & Co. KGaA
- Emerson Electric Company
- Enerac Inc.
- Figaro Engineering, Inc.
- General Electric Company
- Honeywell International, Inc.
- Siemens AG
- Testo SE & Co. KGaA
- Trolex Ltd.
- Xtralis Pty Ltd.
Note: Product cover images may vary from those shown
I. METHODOLOGY
II. EXECUTIVE SUMMARY
II. EXECUTIVE SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Gas Analyzers, Sensors and Detectors - Key to Several Critical Industries
- Critical Role in Operations and Monitoring of Instruments and Processes
- Asia-Pacific Leads the Gas Analyzers, Sensors and Detectors Market
- PRODUCT OVERVIEW
- Gas Analysis
- Pyroelectric Detectors in Gas Analysis
- Infrared Sensor for Gas Analysis
- Smart Gas Analyzer
- Gas Detector/ Gas Detection Equipment
- Safety Benefits
- Types of Gas Detector
- Calibration of Gas Detector
- Impact of Covid-19 and a Looming Global Recession
- Standards/Regulations for Gas Detectors
- European Standards for Gas Detectors
- Oil and Gas Industry Regulations for Procuring Methane Sensors
- SOLAS Regulation for Enclosed Spaces
- Active Players in United States
- Active Players in Canada
- Active Players in Japan
- Active Players in China
- Active Players in France
- Active Players in Germany
- Active Players in Italy
- Active Players in United Kingdom
- Active Players in Spain
- Active Players in Russia
- Active Players in Rest of Europe
- Active Players in Australia
- Active Players in India
- Active Players in South Korea
- Active Players in Rest of Asia-Pacific
- Active Players in Argentina
- Active Players in Brazil
- Active Players in Mexico
- Active Players in Rest of Latin America
- Active Players in Iran
- Active Players in Israel
- Active Players in Saudi Arabia
- Active Players in United Arab Emirates
- Active Players in Rest of Middle East
- Active Players in Africa
- Total Companies Profiled: 41
Note: Product cover images may vary from those shown
