Global Gas Sensor Market Size & Outlook

Carbon dioxide (co2) sensors was the largest segment with a revenue share of 31.48% in 2023. Horizon Databook has segmented the Global gas sensor market based on oxygen (o2)/lambda sensors, carbon dioxide (co2) sensors, carbon monoxide (co) sensors, nitrogen oxide (nox) sensors, methyl mercaptan sensor covering the revenue growth of each sub-segment from 2018 to 2030.

Various types of combustible and toxic gases used in industrial processes, such as H2S (Hydrogen Sulfide), NO2 (Nitrogen Dioxide), and others pose a high risk for workers in the vicinity. Therefore, it is important to continuously monitor the concentration of these gases in industrial environments to avoid mishaps.

The demand for gas sensors in order to ensure occupational health and safety is on the rise across numerous industry verticals, such as process and manufacturing industries. Regulatory initiatives in the developed markets of North America and Europe concerning the use of gas sensors are expected to favorably impact the market over the forecast period.

This can be attributed to the effectiveness of these devices in monitoring gas leakages and ensuring the safety and health of workers in hazardous work environments. Agencies and legislation promoting the use of gas sensors at the workplace include Occupational Safety and Health Administration (OSHA) that ensures safe and healthy work conditions for men and women in the U.S. and the Health and Safety at Work Act (HSWA) that focuses on occupational health and safety in the UK.