Gas Sensors Market size revenue to exceed $2.89bn by next seven years - PowerPoint PPT Presentation

Loading...

PPT – Gas Sensors Market size revenue to exceed $2.89bn by next seven years PowerPoint presentation | free to download - id: 840d54-ZTcyO



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Gas Sensors Market size revenue to exceed $2.89bn by next seven years

Description:

Gas sensors market size was USD 1.9 billion in 2014 and is predicted to achieve USD 2.9 billion in 2022 as estimated by Global Market Insights, Inc. These devices are effectively used for maintaining the safety level especially in toxic environment condition. These sensors check the level of toxic gases mainly in industrial environments for avoiding any mishap. – PowerPoint PPT presentation

Number of Views:18

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Gas Sensors Market size revenue to exceed $2.89bn by next seven years


1
Gas Sensors Market size revenue to exceed USD
2.89 billion by 2022 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Overview
  • Gas sensors market size was USD 1.9 billion in
    2014 and is predicted to achieve USD 2.9 billion
    in 2022 as estimated by Global Market Insights,
    Inc. These devices are effectively used for
    maintaining the safety level especially in toxic
    environment condition.
  • These sensors check the level of toxic gases
    mainly in industrial environments for avoiding
    any mishap. With a focus on security measures for
    preventing gas leakages, an exponential growth on
    this product is predicted. In addition,
    government norms for ensuring the health and
    security of workers are anticipated to increase
    demand over the projected period.
  • Oxygen sensors are widely used in vehicles for
    maintenance of air quality. And also the effort
    to control emission across Asia Pacific is going
    to give a significant boost to the regional
    industry.Lets take a look on some of the figures
    forecasting the future of sensors and their
    importance in near future.

3
Continued...
  • Nitrogen oxide sensors touched USD 150 million in
    2014 and are anticipated to rise at CAGR of 6.5
    from 2015 to 2022. Medical gas sensors market
    share had exceeded 10 of global revenue in 2014.
    In addition to this, CO2 gas sensor size was gone
    above USD 500 million in 2014 and is estimated to
    fuel up to USD 800 million in the year 2022.
  • Latin America market has noticed 10 of global
    rise in 2014. Europe is expected to rise at a
    CAGR of over 4.5 in the coming years. These
    rising digits are not going to stop in future
    because of wide use of sensors in numerous
    industries.
  • Apart from above mentioned sensors and their
    statistics, semiconductor gas sensing technology
    is also widely used for checking the gas level by
    measuring the change in resistance of
    semiconductor. It contributed to 18 of overall
    gas sensors industry in 2014. Along with cost
    effective feature, these sensors are known for
    eliminating toxic and combustible gases present
    in the environment.

4
Continued...
  • Chief manufacturers of sensors include
    Alphasense, Membrapor, Dynament, Figaro
    Engineering, City Technology and Dynament. All of
    them have dominated the market accounting for
    over 50 of the industry in 2014.
  • In addition to new product development, companies
    working in this sector have adopted long-term
    agreements, along with mergers and acquisitions
    as primary growth strategies.
  • However, use of shale gas especially in
    electricity production may challenge the growth
    rate. It has emerged as an eco-friendly way of
    electricity production over the power generated
    through coal. But as per the predictions of
    market trends, these products are going to thrive
    in next coming years.

5

Browse Full Market Research Report Gas Sensors
Market _at_ https//goo.gl/iIP2nT Read our
Insightful Blog _at_ https//goo.gl/aO005C Request
for a Sample of this Research report _at_
https//www.gminsights.com/request-sample/detail/1
23
6
(No Transcript)
7
Stay In Touch Website www.gminsights.com Soci
al Media
About PowerShow.com