PUBLISHER: IMARC | PRODUCT CODE: 1287387
PUBLISHER: IMARC | PRODUCT CODE: 1287387
Chemical Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global chemical sensors market size reached US$ 22.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.75% during 2023-2028.
Chemical sensors refer to various devices and instruments that are used to determine the presence, concentration and quantity of an analyte. The analyte is any molecule or element that is examined under a chemical condition. The sensors are used to transform chemical information into analytical signals and provide real-time information about a sample. The chemical information also indicates the presence of multiple chemical species in the sample. Apart from chemical species, they can also trace microorganisms using bio-compounds which have membrane components or nucleic acid similar to the sensor.
The growth of the automotive, food and beverage, and healthcare industries is the key factor driving the growth of the market. Chemical sensors are used to detect and monitor automotive and industrial emissions along with the functioning of wastewater treatment systems. In the healthcare sector, they are used in fertility systems, cancer diagnosis, portable glucose monitors, diagnosis of renal failure and alcohol and drug abuse. Furthermore, the increasing prevalence of diabetes and related diseases is also expected to increase the product demand as chemical sensors are used in the manufacturing of blood sugar testing strips. Additionally, there is a growing demand for optical chemical sensors that are utilized in vehicle cabin air quality systems, owing to the increasing sales of automobiles. This, coupled with the rising adoption rate of centralized ventilation in residential and commercial spaces, is also favoring the growth of the market. Moreover, these sensors are finding extensive application in the defense and military sector, as they aid in the detection of explosive materials.
IMARC Group's latest report provides a deep insight into the global chemical sensors market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the chemical sensors market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global chemical sensors market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, analyte and application.
Breakup by Product Type:
- Electrochemical
- Potentiometric
- Amperometric
- Conductometric
- Others
- Optical
- Infrared
- Photoionization
- Others
- Pellistor/Catalytic Bead
- Semiconductor
- Others
Based on the product type, the report finds that electrochemical sensors represent the most popular type of chemical sensors. Other major product types are pellistor/catalytic bead and semiconductor. Electrochemical sensors are further divided as potentiometric, amperometric, conductometric and others.
Breakup by Analyte:
- Solid
- Liquid
- Gas
On the basis of the analyte, the market has been categorized into solid, liquid and gas.
Breakup by Application:
- Industrial
- Motor Vehicles
- Food & Beverage Processing
- HVAC
- Environmental Monitoring
- Industrial Safety & Emissions
- Water & Wastewater
- Automotive Emissions Testing
- Medical
- Clinical Diagnostics
- Nutritional
- Defense and Homeland Security
- Others
The market has been segregated based on the application into industrial, environmental monitoring, medical, defense and homeland security and others. Amongst these, industrial applications represent the largest segment, which also includes motor vehicles, food and beverage processing and HVAC.
Breakup by Region:
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
On the basis of geography, North America enjoys the leading position in the market. Other major regions are Europe, Asia Pacific, Latin America, and Middle East and Africa.
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Smiths Detection Inc., AirTest Technologies Inc., Hans Turck GmbH & Co. KG, General Electric, Thermo Fisher Scientific, Bayer, MSA Safety Incorporated, Honeywell International Inc., Pepperl+Fuchs Group, SICK AG, Siemens AG, ABB Ltd, SenseAir AB, Spectris PLC, Denso Corporation, Halma PLC, Owlstone Inc., etc.
Key Questions Answered in This Report:
- How has the global chemical sensors market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global chemical sensors industry?
- What has been the impact of COVID-19 on the global chemical sensors industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the analyte?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global chemical sensors industry?
- What are the key driving factors and challenges in the global chemical sensors industry?
- What is the structure of the global chemical sensors industry and who are the key players?
- What is the degree of competition in the global chemical sensors industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Chemical Sensors Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Analyte
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by Region
- 5.8 Market Forecast
6 Market Breakup by Product Type
- 6.1 Electrochemical
- 6.1.1 Market Trends
- 6.1.2 Major Types
- 6.1.2.1 Potentiometric
- 6.1.2.2 Amperometric
- 6.1.2.3 Conductometric
- 6.1.2.4 Others
- 6.1.3 Market Forecast
- 6.2 Optical
- 6.2.1 Market Trends
- 6.2.2 Major Types
- 6.2.2.1 Infrared
- 6.2.2.2 Photoionization
- 6.2.2.3 Others
- 6.2.3 Market Forecast
- 6.3 Pellistor/Catalytic Bead
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Semiconductor
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Analyte
- 7.1 Solid
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Liquid
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Gas
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Industrial
- 8.1.1 Market Trends
- 8.1.2 Major Types
- 8.1.2.1 Motor Vehicles
- 8.1.2.2 Food & Beverage Processing
- 8.1.2.3 HVAC
- 8.1.3 Market Forecast
- 8.2 Environmental Monitoring
- 8.2.1 Market Trends
- 8.2.2 Major Types
- 8.2.2.1 Industrial Safety & Emissions
- 8.2.2.2 Water & Wastewater
- 8.2.2.3 Automotive Emissions Testing
- 8.2.3 Market Forecast
- 8.3 Medical
- 8.3.1 Market Trends
- 8.3.2 Major Types
- 8.3.2.1 Clinical Diagnostics
- 8.3.2.2 Nutritional
- 8.3.3 Market Forecast
- 8.4 Defense and Homeland Security
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 Asia Pacific
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Europe
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 North America
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East and Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porter's Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Smiths Detection Inc.
- 14.3.2 AirTest Technologies Inc.
- 14.3.3 Hans Turck GmbH & Co. KG
- 14.3.4 General Electric
- 14.3.5 Thermo Fisher Scientific
- 14.3.6 Bayer
- 14.3.7 MSA Safety Incorporated
- 14.3.8 Honeywell International Inc.
- 14.3.9 Pepperl+Fuchs Group
- 14.3.10 SICK AG
- 14.3.11 Siemens AG
- 14.3.12 ABB Ltd
- 14.3.13 SenseAir AB
- 14.3.14 Spectris PLC
- 14.3.15 Denso Corporation
- 14.3.16 Halma PLC
- 14.3.17 Owlstone Inc.
List of Figures
- Figure 1: Global: Chemical Sensors Market: Major Drivers and Challenges
- Figure 2: Global: Chemical Sensors Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Chemical Sensors Market: Breakup by Product Type (in %), 2022
- Figure 4: Global: Chemical Sensors Market: Breakup by Analyte (in %), 2022
- Figure 5: Global: Chemical Sensors Market: Breakup by Application (in %), 2022
- Figure 6: Global: Chemical Sensors Market: Breakup by Region (in %), 2022
- Figure 7: Global: Chemical Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Chemical Sensors Industry: SWOT Analysis
- Figure 9: Global: Chemical Sensors Industry: Value Chain Analysis
- Figure 10: Global: Chemical Sensors Industry: Porter's Five Forces Analysis
- Figure 11: Global: Chemical Sensors (Electrochemical) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 12: Global: Chemical Sensors (Electrochemical) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 13: Global: Chemical Sensors (Optical) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 14: Global: Chemical Sensors (Optical) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 15: Global: Chemical Sensors (Pellistor/Catalytic Bead) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 16: Global: Chemical Sensors (Pellistor/Catalytic Bead) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 17: Global: Chemical Sensors (Semiconductor) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 18: Global: Chemical Sensors (Semiconductor) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 19: Global: Chemical Sensors (Other Product Types) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 20: Global: Chemical Sensors (Other Product Types) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 21: Global: Chemical Sensors (Solid) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 22: Global: Chemical Sensors (Solid) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 23: Global: Chemical Sensors (Liquid) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 24: Global: Chemical Sensors (Liquid) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 25: Global: Chemical Sensors (Gas) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 26: Global: Chemical Sensors (Gas) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 27: Global: Chemical Sensors (Industrial) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 28: Global: Chemical Sensors (Industrial) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 29: Global: Chemical Sensors (Environmental Monitoring) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 30: Global: Chemical Sensors (Environmental Monitoring) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 31: Global: Chemical Sensors (Medical) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 32: Global: Chemical Sensors (Medical) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 33: Global: Chemical Sensors (Defense and Homeland Security) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 34: Global: Chemical Sensors (Defense and Homeland Security) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 35: Global: Chemical Sensors (Other Applications) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 36: Global: Chemical Sensors (Other Applications) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 37: Asia Pacific: Chemical Sensors Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 38: Asia Pacific: Chemical Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 39: Europe: Chemical Sensors Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 40: Europe: Chemical Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 41: North America: Chemical Sensors Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 42: North America: Chemical Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 43: Middle East and Africa: Chemical Sensors Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 44: Middle East and Africa: Chemical Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 45: Latin America: Chemical Sensors Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 46: Latin America: Chemical Sensors Market Forecast: Sales Value (in Billion US$), 2023-2028
List of Tables
- Table 1: Global: Chemical Sensors Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Chemical Sensors Market Forecast: Breakup by Product Type (in Billion US$), 2023-2028
- Table 3: Global: Chemical Sensors Market Forecast: Breakup by Analyte (in Billion US$), 2023-2028
- Table 4: Global: Chemical Sensors Market Forecast: Breakup by Application (in Billion US$), 2023-2028
- Table 5: Global: Chemical Sensors Market Forecast: Breakup by Region (in Billion US$), 2023-2028
- Table 6: Global: Chemical Sensors Market Structure
- Table 7: Global: Chemical Sensors Market: Key Players
