Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What is the Projected Market Size and Growth Rate for the Global Chemical Sensors Market?
The chemical sensors market size has seen strong growth in recent years. The market value escalated from $33.62 billion in 2024 to $36.11 billion in 2025, marking a compound annual growth rate (CAGR) of 7.4%. This growth in the historic period was primarily driven by industrial growth, increased global chemical trade, growth in chemical manufacturing, regulatory compliance, and amplified demand for supply chain efficiency.
The market is projected to manifest robust growth in the forthcoming years, hitting the $52.47 billion mark in 2029 at a CAGR of 9.8%. This growth during the forecast period is expected to be stimulated by the increasing use of sustainable chemicals, growth of e-commerce and digital platforms, rising adoption of green chemistry, global supply chain resilience, and the upsurge in specialty and custom chemicals.
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What is Driving the Growth of the Chemical Sensors Market?
The growth in the chemical sensors market is expected to be driven significantly by their escalating use in the automotive industry. Automobile traffic is a major source of exhaust gases, and chemical sensors and measurement technology can help improve engine performance, increase energy efficiency, and reduce pollutant emissions. For example, in January 2023, Bosch, a Germany-based technology and services supplier, introduced new air quality sensors BME690 for vehicle integration to monitor pollutants like carbon monoxide and nitrogen dioxide. These advancements boost cabin air quality and provide data for optimizing vehicle emissions. Consequently, the rising incorporation of chemical sensors in the automotive industry propels the market growth.
What are the Key Segments of the Global Chemical Sensors Market?
1) By Product Type: Optical, Pallister Or Catalytic Bead, Other Product Types
2) By Particulate Type: Liquid, Gas
3) By Detection Method: pH Sensors, Humidity Sensors, Bio Sensors
4) By End-User: Automotive, Medical, Environmental Monitoring, Industrial, Other End-Users
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Who are the Major Players in the Chemical Sensors Market?
Major companies functioning in the chemical sensors market include Honeywell International Inc., Siemens AG, Halma plc, Denso Corporation, Emerson Electric Co., General Electric Company, Intelligent Optical Systems Inc., SICK AG, Alpha MOS SA, Robert Bosch GmbH, Hans Turck GmbH & Co. KG, Owlstone Medical Ltd., SPEC Sensors LLC, Nemoto & Co. Ltd., SenseAir AB, Freescale Semiconductor Inc., JLM Innovation GmbH, ABB Group, BorgWarner Inc., Smiths Detection Inc., MSA Safety Incorporated, Pepperl+Fuchs Group, AirTest Technologies Inc., Yokogawa Electric Corporation, Thermo Fisher Scientific Inc., Pendar Technologies Inc., Intellisense Systems Inc., Lyten Inc., Physical Sciences Inc., Aerodyne Research Inc., Sensirion AG, City Technology Ltd., Figaro Engineering Inc.
What are Emerging Trends in the Chemical Sensors Market?
Most notable in the emerging trends is the adoption of Artificial Intelligence (AI) in the chemical sensors market. AI is increasingly being utilized in chemical sensors to aid in the identification and quantification of a mix of chemicals present in the environment. For instance, in November 2022, King Abdullah University of Science and Technology (KAUST) engineered an AI-based chemical sensor to identify specific gases in the air with high selectivity and sensitivity. This innovative chemical sensor opens up applicability ranging from medical diagnostics to the detection of hazardous industrial gas leaks.
What is the Regional Analysis of the Chemical Sensors Market?
North America held the largest share in the chemical sensors market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Chemical Sensors Market Report 2025 Offer?
A chemical sensor is a device that identifies and analyzes chemical properties in an analyte and converts the chemical information into electronic data. The Chemical Sensors Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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