Volatile organic Compound (VOC) Sensor and Monitor Market Size, Share, Opportunities, And Trends By Type (Monitors, Sensors), By Application (Leak Detection, Industrial Process Monitoring, Environmental monitoring, Air Purification) And By Geography - Forecasts From 2025 To 2030

The volatile organic compound (VOC) sensor and monitor market is expected to hold a significant market share during the forecast period.

Volatile Organic Compounds (VOC) are carbon-based chemicals which evaporate easily and can be harmful to human health. VOC sensors and monitors help to detect and monitor the level of VOC in the environment. The rising focus by the HVAC manufacturers to develop a product that has the ability to improve indoor air quality is driving the demand for the VOC sensors and monitor market. Simultaneously, the growing investment by industries in a hazardous environment to monitor the level of VOC in order to ensure workers’ safety is further projected to supplement the growth of the market during the forecast period. In addition, rapid technological developments leading to product innovation by major companies are expected to widen up the growth opportunities for VOC monitors and sensors vendors during the forecast period. Moreover, government regulations regarding the health and safety of the workers are anticipated to propel the demand for these devices during the forecast period.

The market has been segmented on the basis of type, application, and geography. In the type segment, monitors are projected to grow at a significant rate on account of rising health issues along with the focus on providing a safe work environment in industries that are prone to leakage of harmful substances. Further, in the application segment, air purification is anticipated to rise at a substantial rate due to the rising air pollution in various parts of the world. Geographically, North America is projected to hold a significant share of the market during the forecast period owing to the growing production and increased R&D activities for the development of advanced sensors and monitors.

DRIVERS

• Growing safety regulations by the government.
• Rising health awareness.

RESTRAINTS

• Technical limitations

INDUSTRY UPDATES

• In November 2018, AMS AG launched a new version of its iAQ-Core module, a low-power gas sensor for the detection of steam, odours, and fumes.
• In July 2018, AMS AG upgraded their CCS8xx product line of VOC Sensors to reduce initialization time and improve performance in indoor air quality monitoring applications.

The major players profiled in the Volatile Organic Compound Monitor and Sensor market include Aeroqual Limited, Honeywell International, Inc., Siemens AG, AMS AG, Global Detection Systems Corporation, Spectrex Corporation, Ushio America Inc., FLIR Systems, Inc., Figaro Engineering, Inc., Compur Monitors GmbH & Co. KG

Segmentation

The Volatile Organic Compound Monitor and Sensor market has been analyzed through the following segments:

• By Type
  • Monitors
  • Sensors 
• By Application
• 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