Albany, NY -- (SBWIRE) -- 07/13/2018 -- The catalytic bead sensor is a kind of sensor which is primarily employed for combustible gas identification and detection. The catalytic bead sensor contains two fine platinum wire coils, each embedded in a bead of alumina. It is connected electrically in a Wheatstone bridge circuit. The catalytic-type bead gas sensor primarily contains two elements, viz. a detector element, which contains catalytic material and is sensitive to combustible gases, and a compensator element, which is inert. In terms of gas type, the global catalytic bead sensor market can be segmented into carbon dioxide, oxygen, carbon monoxide, ammonia, nitrogen oxide, chlorine, and hydrogen sulfide. In terms of end-use industry, the market can be segmented into water and wastewater treatment, metal, mining, oil & gas, automotive, medical, environmental monitoring, and industrial. In terms of geography, the market for catalytic bead sensor has been segmented into Asia Pacific, Europe, North America, Latin America, and Middle East &Africa.
Increasing concern toward workplace safety along with increasingly stringent government rules, norms, and regulations for workplace safety monitoring are major factors driving the increasing demand for catalytic bead gas sensors globally. In order to avoid any kind of gas related hazards in the industrial setups is rising the installation of the catalytic bead gas sensors for environment monitoring and it is considered as one of the growth driving factors for the market.
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Increasing installation of catalytic bead gas sensors in industrial setups to avoid any gas-related hazards and for environment monitoring is a key factor driving the catalytic bead sensor market. Increasing adoption of gas sensors across the water and wastewater treatment and oil & gas industries is also fueling the demand for catalytic bead sensors globally. Moreover, increasing awareness and demand for catalytic bead gas sensors across developing countries such as India and China is also a factor boosting the expansion of the market. Complexities related to the high design sensitivity such as applied voltage, operating temperature, environmental conditions, and storage conditions are some restraining factors for the market, which are likely to hinder the expansion of the catalytic bead sensor market during the forecast period. However, with increasing research activities in this field and the application of catalytic bead gas sensors across consumer electronics such as smartphone, tablets, and other gadgets are major opportunities for the market.
In terms of revenue, North America led the global catalytic bead sensor market in 2016. Asia Pacific and Europe followed North America in terms of revenue share in 2016. The U.S. dominated the market for catalytic bead sensors, followed by Canada and Mexico. Rising demand for low-cost and reliable gas sensors is fueling the expansion of the market for catalytic bead gas sensors across North America China is leading the Asia Pacific market due to its technological advancement in the field of gas sensors, followed by India, Japan, South Korea, and Taiwan. Germany, the U.K., Italy, and France accounted for the prominent positions in the catalytic bead sensor market across Europe. The UAE, South Africa, Brazil, and Argentina are dominating the markets for catalytic bead sensors across Middle East & Africa and Latin America. Increasing advancement in the water and wastewater and automotive sectors is a major factor propelling the rising application of catalytic bead sensors across the Middle East and Latin America.
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New product innovation, geographical expansion through establishing new sales offices along with increasing sales and distribution channels in different countries are major business strategies adopted by companies across the catalytic bead sensor market globally. Key players operating in the global catalytic bead sensor market include Dynament Ltd.(U.K.), City Technology Ltd (U.K.), Membrapor AG (Switzerland), Bosch Sensortec GmbH (Germany), Alphasense (U.K.), Amphenol Advanced Sensors (U.S.), ams AG (Austria), FIGARO Engineering Inc. (Japan),MSA (U.S.), Sensirion AG (Switzerland), Cambridge CMOS sensors (U.K.), and SenseAir AB (Sweden).