The Europe Gas Sensor Market would witness market growth of 9.0% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,259.0 thousand units, showcasing a growth of 9.1% (2019-2022).
Industries leverage gas sensors for process optimization, ensuring temperature and gas concentrations are maintained within specified ranges. This not only enhances safety but also contributes to operational efficiency. These are integral to industrial manufacturing processes, where they monitor and control the levels of hazardous gases such as methane, hydrogen, and ammonia. In the healthcare sector, these play a vital role in medical equipment, ensuring the safe administration of anaesthesia and monitoring gas concentrations during various medical procedures.
In the healthcare sector, gas sensors play a vital role in medical equipment, ensuring the safe administration of anaesthesia and monitoring gas concentrations during various medical procedures. These also find applications in the healthcare sector, particularly in hospitals' medical gas monitoring, anaesthesia, and environmental monitoring. The growing emphasis on patient safety and the quality of care influences the use of these in healthcare settings. These are used in respiratory monitoring devices to measure the concentration of gases such as oxygen (O2) and carbon dioxide (CO2) in the breath.
According to the UK Government, with its highly linked supply chains and substantial demand for UK-built cars throughout the region, the European region has benefited the U.K. automotive sector with its varied products, encompassing volume, premium, and niche vehicles. The UK automotive industry is witnessing a transition towards electric and hybrid vehicle technologies. These are crucial in these vehicles for monitoring battery systems, ensuring safety, and contributing to the efficient operation of electric and hybrid vehicles in the UK. The factors mentioned above will drive the regional market growth.
The Germany market dominated the Europe Gas Sensor Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $221.9 million by 2030. The UK market is exhibiting a CAGR of 8% during (2023 - 2030). Additionally, The France market would experience a CAGR of 9.8% during (2023 - 2030).
Based on Type, the market is segmented into Wired and Wireless. Based on Product, the market is segmented into Carbon Dioxide (CO2) Sensors, Carbon Monoxide (CO) Sensors, Oxygen (O2)/Lambda Sensors, Nitrogen Oxide (NOx) Sensors and Others. Based on Technology, the market is segmented into Electrochemical, Solid State/MOS, Infrared (IR), Catalytic, Photo-ionization Detector (PID) and Others. Based on End User, the market is segmented into Industrial, Environmental, Medical, Agriculture, Petrochemical, Building Automation & Domestic Appliances, Automotive and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Gas Sensor Market will Hit $3.5 Billion by 2030, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Robert Bosch GmbH, Amphenol Corporation, ABB Group, GfG Gesellschaft für Gerätebau mbH, Honeywell International, Inc., Dragerwerk AG & Co. KGaA, Process Sensing Technologies, Tokuyama Corporation, and Nemoto & Co.,Ltd.
By Type (Volume, Thousand Units, USD Billion, 2019-2030)
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By End User (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
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