Selbyville, DE -- (SBWIRE) -- 10/09/2018 -- The gas sensors market is expected to gain momentum over the forecast timespan, owing to the increasing penetration across applications such as handheld and smart devices. Increasing adoption custom-designed sensors from oil & gas industry to ensure safe working environments is expected to fuel the demand. Manufacturers are innovating continuously to introduce application-specific components for critical applications such as explosion-proof transducers and meet standards such as ATEX and CSA. Gas Sensors Market is set to exceed USD 2.8 billion by 2024; according to a new research report.

Key Players operating in this report like ABB Ltd, Aeroqual Ltd, Alphasense Ltd, Amphenol Corporation, AMS AG, City Technology Ltd, Denso corporation, Dragerwerk AG & Co. KGaA, Dynament Ltd, Figaro Engineering, GfG Europe Ltd, Membrapor AG, Mettler-Toledo International Inc

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467609/

NOx sensors market is expected to gain significant share over the forecast timeframe, owing to the increasing adoption in automobile applications. These components are used in vehicles to make petrol engines more environmental friendly by monitoring the exhaust. They are also being used by the governments across the globe to keep a check on nitrogen oxide content in the emissions and exhaust gases to reduce pollution.

Growth in operational issues is anticipated to hamper the gas sensors market growth. The continuous evolution of the industry is resulting in over-crowding of components such as CO and CO2 sensors. Low product differentiation and lack of innovations are among the key industry challenges. However, key players in the gas sensors market are increasingly investing in R&D to develop diverse product portfolio that matches unique requirements of each application.

The MINIGAS project, funded by the European community, developed gas sensing components that enabled use of these components in small instruments for high sensitivity and speed. Under this project, innovative photo-acoustic components were developed that enabled the development portable and highly sensitive measuring equipment for the measurement of very small concentrations.

The U.S. gas sensors market is expected to continue the significant demand owing to the rising stringent regulations pertaining to exhaust from vehicles. A rebound in the production of light motor vehicles and increasing use of exhaust oxygen gas sensors to improve fuel efficiency & performance is expected to drive demand in the region.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467609/

The Environment Protection Agency, under the Clean Air Act, has set limits on certain air pollutants, with setting limits on how much pollutant can be released into the air. The act also gives the EPA the power to limit harmful emissions of air pollutants from sources like utilities, chemical plants, and steel mills. This mandatory law will create huge impact on these industries as they will be enforced to install sensors in the plant to minimize air pollution by controlling harmful emissions.

The Latin America gas sensors market will be driven by the increasing adoption of these components in building automation and domestic appliances. The consumer electronics industry in countries including Brazil and Mexico have also contributed to the demand owing to increase in spending capacity of customers.

Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Gas Sensors Industry Insights
Chapter 4. Gas Sensors Market, By Product
Chapter 5. Gas Sensors Market, By Technology
Chapter 6. Gas Sensors Market, By Application
Chapter 7. Gas Sensors Market, By Region
Chapter 8. Company Profiles

More Report At: http://www.openpr.com/news/archive/144590/marketstudyreport-com.html

Outer Scope of this Report:

Recently, for instance, 3M – the global leader in safety, flame and gas detection – has developed a flagship gas detection controller called the MX 32 which can monitor up to eight gas detection sensors simultaneously. The robustness, flexibility and the number of features offered by the device has quickly catapulted its popularity in the gas sensors industry. Though primarily deployed in the manufacturing and automotive sectors, the gas detection sensors have found plenty of applications in a plethora of other domains such as the medical and petrochemical sectors as well as smart homes and IoT (Internet of Things). With the rapidly expanding application arena of gas detection sensors, it is rather overt that the overall gas sensors market is expected to shape itself into one of the most lucrative investment hubs in the years ahead.

Related Report:

Global Laser Gas Sensors Market Research Report 2018

This report studies the global Laser Gas Sensors market status and forecast, categorizes the global Laser Gas Sensors market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

https://www.marketstudyreport.com/reports/global-laser-gas-sensors-market-research-report-2018/?utm_source=RR-AN

About Market Study Report
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog