Industry Insights
According to a new report, the global chemical sensors market is estimated to be valued at US$ 40 billion by the year 2028, growing at a CAGR of 5.5% in the period 2021 to 2028. Global chemical sensors market is expected to grow significantly due to favorable market dynamics such as rise in light vehicle production, growth of medical diagnostic, high demand for consumer electronics and various other growth enablers.
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With increasing complexities in manufacturing processes across various industries has led to rising need for advanced technologies to ease operations while subsequently lowering costs. Deployment of IoT integrated chemical sensors has the ability to monitor the liquid chemicals and customize it in accordance with the requirement of several end-user industries. This has to boosted demand for advanced chemical sensors as they are equipped with ability to test molecular-levels in foods, gases, and fuels, among others.
Report Scope
This report “Global Chemical Sensor Market [By Technology – Electrochemical Sensors, Gas Sensors & Optical Sensors; By Application – Medical, Agriculture, Metal & Mining; By Region- North America (The US & Canada), Europe (The UK, France & Germany), Asia Pacific (China, Japan & South Korea)] Market Outlook 2028” provides detailed analysis of the global chemical sensors market outlook during the forecast period across various regional markets. It also provides coverage on market dynamics with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.
Parameter Description
Base year: 2018
Forecast period: 2021 – 2028
Market sizing: Revenue in US$ Billions & CAGR for the period 2018 to 2028.
Country coverage: The US, Canada, Germany, The UK, France, South Korea, Japan & China
Vendor scope: Smiths Detection, Inc., General Electric Co., Honeywell International Inc., MSA Safety Incorporated, AirTest Technologies Inc., Pepperl+Fuchs Group, Siemens AG & ABB Ltd.
Report coverage: Revenue forecast, market share analysis, company analysis, competitive landscape, market growth drivers, market restraints, market trends and company profiles
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Segments Covered
The report provides revenue forecasts for global, regional and country levels. It also provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. For the purpose of research, the publisher has segmented global chemical sensors market report on the basis of geography and market segments.
Regional Outlook
North America
Europe
Asia Pacific
Country Outlook
The US
Canada
Germany
France
The UK
South Korea
China
Japan
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Market Segments – By Technology
Electrochemical Sensors Market
Optical Sensors Market
Gas Sensors Market
Market Segments – By Application
Medical
Agriculture
Mining
Metal
Vendors Outlook
Smiths Detection, Inc.
General Electric Co.
Honeywell International Inc.
MSA Safety Incorporated
AirTest Technologies Inc.
Pepperl+Fuchs Group
Siemens AG
ABB Ltd.
Target Audience
Consumer Electronics Manufacturers
Medical Diagnostic Devices Manufacturers
Delivery Partners
End Users
Research Professionals
Consultancies
Regulatory Bodies
Key Questions Answered in the Report
Historical market size of chemical sensors market from 2018 to 2020 in US$ Billions.
Projected market growth in the forecasted period 2021 to 2028 with estimated revenue for each year in US$ Billions.
Regional and country analysis of chemical sensors market is provided for the period 2018 to 2028.
Market drivers, restraints and industry trends that has impact on revenue.
Profiling of major companies with detailed analysis of their operations in various geographies.
What is the goal of the report?
- The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
- During the forecast period, the report analyzes the growth rate, market size, and market valuation.
- The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
- The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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