The Business Research Company’s report on the Chemical Sensors Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the chemical sensors industry?
The increasing use of chemical sensors in the automotive industry is expected to drive the growth of the chemical sensors market in the forecast period. Automobile traffic is the primary source of exhaust gases. The chemical sensors and measurement technology can aid in improving engine performance, increasing energy efficiency, and lowering pollutant emissions. For instance, in January 2023, Bosch, a German-based supplier of technology and services, introduced new air quality sensors BME690 for integration into vehicles to monitor pollutants such as carbon monoxide and nitrogen dioxide, enhancing cabin air quality and providing data for optimizing vehicle emissions. The company is presently working on a variant of its air quality sensor technology with an autonomous vehicle manufacturer to deliver the first smoke detector capable of identifying smoke and vape within the vehicle environment. Therefore, the rising use of chemical sensors in the automotive industry propels the chemical sensors market growth.
Access Your Free Sample of the Global Chemical Sensors Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5439&type=smp
What is the estimated market size of the chemical sensors sector by 2029, based on current forecasts?
The chemical sensors market size has grown strongly in recent years. It will grow from $33.62 billion in 2024 to $36.11 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to industrial growth, increased global chemical trade, growth in chemical manufacturing, regulatory compliance, and increased demand for supply chain efficiency.
The chemical sensors market size is expected to see strong growth in the next few years. It will grow to $52.47 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing use of sustainable chemicals, growing e-commerce and digital platforms, growing adoption of green chemistry, global supply chain resilience, increasing specialty and custom chemicals. Major trends in the forecast period include chemical industry innovation, key players’ partnerships, iot adoption, product innovations, and advances in wearable chemical sensors.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=5439&type=smp
#Who are the top players in the chemical sensors market?
Major companies operating 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 the major trends in the chemical sensors market?
Artificial Intelligence (AI) is an emerging trend in the chemical sensors market. Artificial intelligence (AI) is increasingly being used in chemical sensors to assist in the identification and quantification of the ubiquitous mix of chemicals that comprise the environment. The ability of novel AI algorithms to seamlessly integrate with chemical sensors for material innovations and robust additive manufacturing technologies is impressive. For instance, in November 2022, King Abdullah University of Science and Technology (KAUST), a Saudi-Arabia-based private research university, engineered a artificial intelligence-based chemical sensor to identify specific gases in the air with high selectivity and sensitivity. This smart electronic chemical sensor is capable of precisely identifying the target gas among the compound mixture of chemicals found in the air and can be used in applications ranging from medical diagnostics to the detection of hazardous industrial gas leakages. Additionally, for each tested gas, specific signature markers are created using data processing and machine learning algorithms to create an accurate and specialized gas categorization model.
Which geography holds the highest chemical sensors market share?
North America was the largest region in the chemical sensors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical sensors market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/chemical-sensors-global-market-report
How do different segments contribute to the overall expansion of the chemical sensors market?
The chemical sensors market covered in this report is segmented –
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
Subsegments:
1) By Optical: Fluorescence-Based Sensors, Infrared (IR) Sensors, Raman Spectroscopy Sensors
2) By Pellistor or Catalytic Bead: Combustible Gas Sensors, Methane Sensors
3) By Other Product Types: Electrochemical Sensors, Semiconductor Sensors, Piezoelectric Sensors
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5439
What defines the structure and scope of the chemical sensors market?
A chemical sensor is a device that identifies and analyzes chemical properties in an analyte (the technical term for the chemical material under investigation) and converts the chemical data into electronic data.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
