Global Gas Sensor Market Report (2022 to 2027) - Rising Deployment of IoT, Cloud Computing and Big Data in Gas Sensors Presents Opportunities - ResearchAndMarkets.com
The "Global Gas Sensor Market by Gas Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Technology, Output Type, Product Type, Application and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering
DUBLIN--(BUSINESS WIRE)--Oct 17, 2022--
The "Global Gas Sensor Market by Gas Type (Oxygen, Carbon Monoxide, Carbon Dioxide, Nitrogen Oxide, Volatile Organic Compounds, Hydrocarbons), Technology, Output Type, Product Type, Application and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The gas sensor market is projected to grow from USD 1.4 Billion in 2022 to USD 2.1 Billion by 2027; it is expected to grow at a CAGR of 8.9% during the forecast period.
Increasing demand for miniaturized wireless gas sensors will propel the growth opportunities for gas sensor market. Increasing integration of gas sensors in HVAC systems and air quality monitors will boost the adoption of gas sensors. Intense pricing pressure resulting in decline in average selling prices and complexities involved while developing industry specific gas sensors will restrain the market growth.
