Europe Gas Sensors Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.91 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Gas Sensors Market Analysis
Europe Gas Sensors Market is expected to grow at a CAGR of 5.91% during the forecast period 2021-2026. Governments' increasing attention on emission control and energy efficiency regulations has led to gas sensors in European nations such as Germany, France, and the United Kingdom. The variables that would drive market expansion in this area include an expanding end-user base and expanding avenues for the usage of gas sensors.
- The European gas sensor market is projected to continue to be dominated by automotive and transportation applications. Pollutant gases enter the car cabin through the ventilation systems. There is a shortage of fresh air intake, which results in low oxygen (02) concentrations, pollutants entering through window apertures, and hazardous gases entering via misdirected exhaust fumes. In Europe, strict environmental and safety requirements require all vehicle and transportation OEMs to include gas sensor technologies in their offers.
- Additionally, the IIoT is also advancing in the region. Customers are becoming more interested in IoT gas detectors, and players in the industry are working on establishing a product range tailored to IoT solutions. The necessity for wireless detectors owing to the requirement of continuous and real-time monitoring and detection of emissions is predicted to drive up demand for gas detectors in recent years and the coming years.
- Carbon dioxide sensors are primarily used in households, schools, offices, and hospitals to monitor indoor air quality. Similarly, these sensors are also utilized for real-time monitoring of agricultural goods' freshness, quality, and safety. Therefore, as excessive carbon dioxide exposure can cause health problems such as headaches and restlessness, the need for carbon dioxide sensors is rapidly increasing in this region.
- However, the region is experiencing a sizeable COVID-19 epidemic, with lockdowns ordered by the individual governments in Spain, France, Italy, and the United Kingdom. As a result, the market is projected to suffer due to disruptions in the operations of particular end-user businesses that rely heavily on the gas sensors market.
Europe Gas Sensors Market Trends
This section covers the major market trends shaping the Europe Gas Sensors Market according to our research experts:
Supportive Government Regulations for Adopting Gas Sensors
- The popularity of gas sensors in the automobile sector is increasing as government pollution rules become more rigorous. For example, starting in December of last year (2020), the revised General Safety Regulation will require automakers to make pedestrian safety protocols mandatory for all vehicles, taking into account new technologies like speed assistance, sensors, advanced emergency braking systems, data recording, and so on.
- The entrance of pollutant gases through ventilation systems, pollutants entering through window apertures, a lack of fresh air intake resulting in low oxygen (02) concentrations, and toxic gases entering via redirected exhaust fumes all have a significant impact on the air quality in the car cabin. As a result, strict environmental and safety laws oblige all vehicle and transportation OEMs to offer gas sensor systems.
- Additionally, the usage of gas sensor and detector components per car is being enhanced by the migration of safety and comfort features from high-end sector vehicles to mid-range vehicles, owing to the rise of complex safety features and advanced driver assistance systems (ADAS).
- Leading automotive sensor companies like Bosch, Denso, and Infineon Technologies are putting their money into more technologically sophisticated, safer, and secure gas sensor-based products for a variety of applications.
Gas sensors are in high demand in Critical Sectors
- Gas sensors are used in critical sectors, including chemical, mining, oil and gas, and electricity, to detect and monitor the presence of flammable and poisonous gases. These vital businesses emit a huge variety of gases into the atmosphere, including carbon dioxide, carbon monoxide, ammonia, hydrocarbons, and hydrogen sulfide. Excessive emissions of these gases into the atmosphere can have a negative impact on human health.
- Furthermore, some explosive gases, such as propane, methane, and butane, may be discharged by these important businesses, potentially resulting in fires. Various restrictions are being implemented by many regulatory agencies to protect the ecology from dangerous gases.
- This necessitates the detection and monitoring of these gases, as well as the implementation of remedial actions to ensure that only a small amount of these gases is released directly into the atmosphere. Therefore, the increasing demand for IoT devices such as sensors in critical industries is significantly driving the market in this region.
Europe Gas Sensors Industry Overview
Europe Gas Sensors Market is partially fragmented. Some of the major players in the market are GFG Europe, Crowcon Detection Instruments Limited, Testo SE & Co. KGaA, Honeywell Analytics Inc., Draegerwerk AG & Co. KGaA, and others. Recent Developments made in this sector are:
- In October 2021, Honeywell has announced the availability of two new Bluetooth®*-connected gas detectors that can provide continuous monitoring for harmful gases even in the rain, fog, snow, and other adverse weather, ensuring the safety of chemical, petrochemical, oil, and gas, and other industrial employees and sites.
- In January 2021, the GS3000, a new product from Johnson Controls Corporation, monitors levels of carbon monoxide (CO) or nitrogen dioxide (NO2) to provide early alerts of excessive concentrations in both outdoor and indoor applications.
Europe Gas Sensors Market Leaders
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GFG Europe
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Crowcon Detection Instruments Limited
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Testo SE & Co. KGaA
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Honeywell Analytics Inc.
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Draegerwerk AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
Europe Gas Sensors Market News
- In October 2020, Honeywell announced the release of "Vertex Edge," a new gas detection technology designed to enable semiconductor production plants and other operations to monitor job sites, safeguard people and assets, and reduce downtime.
- In October 2020, ABB Ltd. launched the first comprehensive gas leak detection system for utilities to help protect city residents. To locate harmful gas leaks, the new ABB MicroGuard technology will work in tandem with ABB's MobileGuard.
Europe Gas Sensors Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Value Chain / Supply Chain Analysis
4.3 Industry Attractiveness - Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of COVID-19 impact on the Industry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Integration of gas sensors into air quality monitors and HVAC systems
5.1.2 Supportive Government Regulations
5.2 Market Restraints
5.2.1 Increasing Cost and Technical Concerns
6. MARKET SEGMENTATION
6.1 By Gas Type
6.1.1 Oxygen
6.1.2 Carbon Dioxide
6.1.3 Carbon Monoxide
6.1.4 Nitrogen Oxide
6.1.5 Hydrocarbon
6.1.6 Others
6.2 By Connectivity Type
6.2.1 Wired
6.2.2 Wireless
6.3 By Technology
6.3.1 Electrochemical
6.3.2 Paramagnetic
6.3.3 Zirconia
6.3.4 Non-disruptive IR
6.4 By Application
6.4.1 Oil and Gas
6.4.2 Chemicals and Petrochemicals
6.4.3 Water and Wastewater
6.4.4 Automotive
6.4.5 Healthcare
6.4.6 Power Sector
6.4.7 Others
6.5 By Country
6.5.1 United Kingdom
6.5.2 Germany
6.5.3 France
6.5.4 Rest of Europe
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Honeywell Analytics Inc.
7.1.2 Johnson Controls Corporation
7.1.3 Testo SE & Co. KGaA
7.1.4 Comtrol Instruments Corporation
7.1.5 RAE Systems
7.1.6 ABB Ltd.
7.1.7 GFG Europe
7.1.8 Draegerwerk AG & Co. KGaA
7.1.9 MSA Safety Incorporated
7.1.10 Teledyne Technologies Incorporated (3M)
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Europe Gas Sensors Industry Segmentation
A gas sensor is a variant of a chemical sensor that can measure the concentration of a constituent gas in its vicinity. These sensors adopt different techniques for quantifying the exact amount of gas in a medium. The Europe Gas Sensors Market is segmented based on the gas type, connectivity type by technology being used in various applications in the region. This report describes a detailed study of Porter's five forces analysis of the market. It also covers the market landscape of players and includes key growth strategies and competition analysis.
| By Gas Type | |
| Oxygen | |
| Carbon Dioxide | |
| Carbon Monoxide | |
| Nitrogen Oxide | |
| Hydrocarbon | |
| Others |
| By Connectivity Type | |
| Wired | |
| Wireless |
| By Technology | |
| Electrochemical | |
| Paramagnetic | |
| Zirconia | |
| Non-disruptive IR |
| By Application | |
| Oil and Gas | |
| Chemicals and Petrochemicals | |
| Water and Wastewater | |
| Automotive | |
| Healthcare | |
| Power Sector | |
| Others |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Rest of Europe |
Europe Gas Sensors Market Research FAQs
What is the current Europe Gas Sensors Market size?
The Europe Gas Sensors Market is projected to register a CAGR of 5.91% during the forecast period (2024-2029)
Who are the key players in Europe Gas Sensors Market?
GFG Europe, Crowcon Detection Instruments Limited, Testo SE & Co. KGaA, Honeywell Analytics Inc. and Draegerwerk AG & Co. KGaA are the major companies operating in the Europe Gas Sensors Market.
What years does this Europe Gas Sensors Market cover?
The report covers the Europe Gas Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Gas Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
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