The global chemical sensors market revenue was around US$ 21.9 billion in 2022 and is estimated to reach US$ 45.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.52% during the forecast period from 2023 to 2031.
Chemical sensors can measure and detect the chemical properties of an analyte before converting the chemical data into electrical data. Oxygen, automobile sensors, industrial safety, pollution monitoring, and the food and beverage processing industry are a few applications of chemical sensors. They are used in blood sugar testing strips, fertility treatments, cancer detection, and portable glucose monitors.
Market Driving Factors
Regional Analysis
North America dominates the market due to the rising demand from the automotive industry. Rising pollution is the main factor causing the automobile industry to expand. Additionally, it is projected that the increasing chemical sector's need for ammonia and nitrogen oxide sensors will drive the growth of the chemical sensor market in this region. The U.S. dominates the market in this sector owing to the expanding demand for vehicles.
Asia Pacific is predicted to dominate the market growth during the projection period. Nations in this region like Taiwan and Bangladesh typically invest in the gas and oil sectors. New plants are being constructed to meet the energy needs of nations like Bangladesh, India, Taiwan, and others. The construction of new plants will increase demand for chemical sensors because they are required in the gas and oil industry to monitor restricted spaces and identify leaks. As a result, it is anticipated to fuel the market growth in this region.
Segmentation Insights
Type Insights
The electrochemical sensors segment is estimated to dominate the market. This segment is popular because they provide several benefits, including linear response range, increased stability, and better results. The majority of the analytical instruments utilized in the aforementioned applications of cutting-edge chemical sensing technologies are necessary. Hence, these elements are estimated to drive market growth.
Prominent Companies
Segmentation Outline
The global chemical sensors market segmentation focuses on Type, Particulate Type, Application, and Region.
By Type
By Particulate Type
By Application
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL CHEMICAL SENSORS MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: CHEMICAL SENSORS MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL CHEMICAL SENSORS MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL CHEMICAL SENSORS MARKET, BY TYPE
5.1 OVERVIEW
5.2 OPTICAL SENSOR
5.3 ELECTROCHEMICAL
5.4 CATALYTIC BEAD
5.5 BIOCHEMICAL
5.6 ELECTRICAL
5.7 THERMOMETRIC
5.8 OTHERS
6 GLOBAL CHEMICAL SENSORS MARKET, BY PARTICULATE TYPE
6.1 OVERVIEW
6.2 SOLID
6.3 LIQUID
6.4 GAS
7 GLOBAL CHEMICAL SENSORS MARKET, BY APPLICATION
7.1 OVERVIEW
7.2 INDUSTRIAL
7.3 ENVIRONMENTAL MONITORING
7.4 MEDICAL
7.5 OIL & GAS
7.6 AUTOMOTIVE
7.7 DEFENSE AND HOMELAND SECURITY
7.8 OTHERS
8 GLOBAL CHEMICAL SENSORS MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL CHEMICAL SENSORS MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
9.4 COMPETITIVE DASHBOARD
9.5 PRODUCT MAPPING
9.6 TOP PLAYER POSITIONING, 2022
9.7 COMPETITIVE HEATMAP
9.8 TOP WINNING STRATEGIES
10 COMPANY PROFILES
10.1 ALPHA MOS
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.2 ABB GROUP
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.3 DELPHI AUTOMOTIVE PLC
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.4 THE BOSCH GROUP
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.5 EMERSON ELECTRIC CO
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.6 DENSO CORPORATION
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.7 HALMA PLC
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.8 HONEYWELL INTERNATIONAL
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.9 SIEMENS AG
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 F. HOFFMANN-LA ROCHE LTD
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.11 YOKOGAWA ELECTRIC CORPORATION
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
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