Gas Sensors Market Industry Trends, Size, Share,2016 to 2024 | Page 2

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Browse Full Report with TOC @ https://www.hexaresearch.com/research-report/gassensors-industry/ The technology sector includes electrochemical, infrared, semiconductor, solid state, catalytic, and Photoionization Detector (PID). The electrochemical sector is anticipated to dominate the global gas sensors market during the forecast period. The infrared technology sector is estimated to grow at the maximum CAGR of over 6 % during the forecast period. The end-use segment involves industrial, environmental, petrochemical, building automation & domestic appliances, automotive, and medical. The industrial sector was the biggest end-use sector in 2015 and is projected to maintain its dominance even during the estimated years. The medical sector is also said to be one of the high growth avenu es. It is likely to grow more rapidly than the global average, with a CAGR of over 6 % over the forecast period. Geographically, Asia-Pacific was the largest regional gas sensors market in 2015 and held over 27 % of the global revenue. The region is further said to be the fastest-growing regional market with a CAGR of over 7 % from 2016 to 2024. The Europe region is also estimated to witness a rapid growth in the near future. Some of the major players in the gas sensors market include Membrapor AG; City Technology Ltd.; AlphaSense Inc.; Dynament Ltd.; and Figaro Engineering Inc. Browse Related Category Market Reports @ https://www.hexaresearch.com/researchcategory/sensors-and-controls-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/