The global chemical sensor market is projected to grow at a CAGR of 4.89% to reach US$9,421.399 million by 2024, from US$7,076.538 million in 2018. The major factors driving the demand for chemical sensors worldwide are increasing concerns regarding the quality of air and rising adoption across industry verticals. Increasing expenditure on oil and gas exploration activities coupled with rising demand for medical devices will drive the demand for chemical sensors. In addition, the increasing number of diabetic patients will lead to the rise in demand for biomedical devices for monitoring their blood glucose levels. This will further boost the demand for chemical sensors. North America is estimated to hold a significant share in the market while the Middle East and Africa region will grow rapidly on account of the increase in oil exploration activities and rising healthcare expenditure over the forecast period.
DRIVERS
Development of indoor and outdoor HVAC systems that use chemical sensors.
Rising investments in residential construction.
OPPORTUNITY
Improvement in the scope of applications for chemical sensors.
Major industry players profiled as part of the report are Honeywell International Inc., MSA, and Ocean Optics, Inc. among others.
Segmentation
The global chemical sensor market has been analyzed through the following segments:
BY TYPE
Electrochemical
Optical
Others
BY APPLICATION
Industrial
Medical
Environmental Monitoring
Defense and Homeland Security
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. GLOBAL CHEMICAL SENSOR MARKET BY TYPE
5.1. Electrochemical
5.2. Optical
5.3. Others
6. GLOBAL CHEMICAL SENSOR MARKET BY APPLICATION
6.1. Industrial
6.2. Medical
6.3. Environmental Monitoring
6.4. Defense and Homeland Security
6.5. Others
7. GLOBAL CHEMICAL SENSOR MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Honeywell International Inc.
9.2. MSA
9.3. Ocean Optics, Inc.
9.4. AirTest Technologies Inc.
List is not exhaustive*
LIST OF FIGURES
LIST OF TABLES
Honeywell International Inc.
MSA
Ocean Optics, Inc.
AirTest Technologies Inc.
List is not exhaustive*
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