Asia Pacific Gas Sensors Market will grow rapidly due to the growing production of electrical and electronic components in the region.
Sellbyville, United States - August 22, 2019 /MarketersMedia/ —
Gas Sensors Market in consumer electronics applications are expected to accelerate the growth in the coming years due to the increasing use of these components in handheld devices. With increasing competition amongst smartphones, tablets, and mobile device manufacturers, these companies are seeking to enhance the sensing capabilities. This is increasing the demand for air quality sensors to monitor the level of environmental pollution. Companies such as SGX Sensortech are working in collaboration with device manufacturers to reduce cost, power requirements, and the size of gas sensors to be efficiently implemented in handheld devices.
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Gas sensors market is one among the few vibrant business spheres where innovations and technology quite aptly outline the key to profitability and opportunities. The industry participants are thoroughly investing in research activities to bring product improvisations in terms of advancements and sustainability quotients, that in extension is enhancing the product and commercialization matrix of this fraternity.
The growing trend of integration of gas sensors with wearable and handheld devices is expected to propel the gas sensors market growth. These components enhance the functionality of these devices, allowing users to assess air quality and monitor the environment. The use of these components in fitness wearable devices such as Fitbit allows users to diagnose and monitor the health and exercise environment. The companies are investing in the development of these components to make them conducive to be used in wearable devices. For instance, the Royal Society of Chemistry published the development of highly stretchable and transparent gas sensors with highly efficient mechanical and optical characteristics.
Oxygen gas sensors market will grow at a high rate due to the growing demand for these components in medical devices. These are used in the medical sector in devices such as ventilators, analyzers, oxygen monitors, and anesthesia machines. These components are also widely used in automotive applications for driver safety. These are used to determine the air-to-fuel ratio in automobile engines in real time.
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The expanding automobile sector and rising trend of automation across a myriad range of domains are chronicled to be some of the major factors driving APAC gas sensors market size. Reportedly, China and India are anticipated to be the major revenue pockets for APAC gas sensors industry. The growth in these regions can be primarily credited to the phenomenally increasing technological developments with regards to curtailment of hazardous air pollutant emissions.
With the expanding application spectrum of gas sensors market across a myriad range of sectors including consumer electronics, medical, environmental, petrochemical, automotive, industrial and the increasing trend of wireless and miniatured devices, it is overt for this business space to record commendable gains in the ensuing years. Statistics project the global gas sensors market size to surpass USD 3 billion by 2024.
Table Of Content For This Research Report:
Chapter 4 Gas Sensors Market, By Product
4.1 Key trends by product
4.2 Oxygen (O2)/Lambda sensors
4.2.1 Market estimates and forecast, 2013 - 2024
4.3 Carbon dioxide (CO2) sensors
4.3.1 Market estimates and forecast, 2013 - 2024
4.4 Carbon monoxide (CO) sensors
4.4.1 Market estimates and forecast, 2013 - 2024
4.5 NOx sensors
4.5.1 Market estimates and forecast, 2013 - 2024
Chapter 6 Gas Sensors Market, By Application
6.1 Key trends by application
6.2 Consumer electronics
6.2.1 Gas sensors market estimates and forecast, 2013 - 2024
6.3 Medical
6.3.1 Gas sensors market estimates and forecast, 2013 - 2024
6.4 Environmental
6.4.1 Market estimates and forecast, 2013 - 2024
6.5 Petrochemical
6.5.1 Market estimates and forecast, 2013 - 2024
6.6 Automotive
6.6.1 Market estimates and forecast, 2013 - 2024
6.7 Industrial
6.7.1 Market estimates and forecast, 2013 - 2024
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