The Latin America, Middle East and Africa Infrared Gas Sensor Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030).
Different nations have created similar regulations for measuring and controlling pollution, which will increase demand for industrial gas sensors. Therefore, the rise of the market size in the coming years is anticipated to be driven by the growing environmental concerns among various countries. The market for industrial gas sensors is expected to increase due to the rising expenditure on gas sensor technology advancements. For instance, the efficiency of industrial gas sensors is anticipated to be significantly improved by micro- and nano-gas sensing technologies using newly developed materials.
In addition, portable small-dimensional photoionization detectors and non-dispersive infrared for carbon dioxide are becoming increasingly common in the industrial gas sensors sector. The prevalence of industrial gas sensors is also anticipated to rise due to improvements in simple deployment at a reduced cost. The market is expected to expand due to increased demand for small, affordable sensors.
Curitiba has been hailed as the smartest and most connected city in Brazil. The first Bus Rapid Transit (BRT) system, a network of bus lines that transformed how city inhabitants travel, was also developed in Curitiba, where it was a pioneer. The city also provides free internet connection to its citizens in public areas. In Curitiba, people work on initiatives like Fab Labs, urban farms, city navigation apps, and innovation clusters. Curitiba is supporting the "smart city" trend to encourage an atmosphere of innovation that will promote clever ideas in line with the achievement of the SDGs. These steps to build smart cities would aid the expansion of the market due to the rising requirement for air quality monitoring and the expanding adoption possibilities of IoT infrastructure across the region.
The Brazil market dominated the LAMEA Infrared Gas Sensor Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,907.9 million by 2030. The Argentina market is showcasing a CAGR of 12% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 11.1% during (2023 - 2030).
Based on Type, the market is segmented into Fixed, and Portable. Based on Vertical, the market is segmented into Industrial, Healthcare, Automotive, Consumer Electronics, Defense & Military, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Infrared Gas Sensor Market is Projected to reach USD 382.8 Million by 2030, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Heimann Sensor GmbH, Amphenol Corporation, smartGAS Mikrosensorik GmbH, Alphasense Ltd (Ametek, Inc.), ABB Group, Senseair AB (Asahi Kasei Corporation), Process Sensing Technologies, Honeywell International, Inc., Dragerwerk AG & Co. KGaA, and Figaro Engineering, Inc. (New Cosmos Electric Co., Ltd.).
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