Europe Gas Sensor Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$861.3

Forecast, 2030 (US$M)

$1,498.3

CAGR, 2024 - 2030

8.2%

Report Coverage

Europe

Europe gas sensor market, 2018-2030 (US$M)

Global Gas Sensor Industry Outlook

Germany Gas Sensor Market Outlook

UK Gas Sensor Market Outlook

North America Gas Sensor Market Outlook

U.S. Gas Sensor Market Outlook

Canada Gas Sensor Market Outlook

Mexico Gas Sensor Market Outlook

Asia Pacific Gas Sensor Market Outlook

Japan Gas Sensor Market Outlook

China Gas Sensor Market Outlook

India Gas Sensor Market Outlook

Latin America Gas Sensor Market Outlook

Brazil Gas Sensor Market Outlook

MEA Gas Sensor Market Outlook

The Europe gas sensor market generated a revenue of USD 861.3 million in 2023.
The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
In terms of segment, carbon dioxide (co2) sensors was the largest revenue generating product in 2023.
Nitrogen Oxide (NOx) Sensors is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Market revenue in 2023	USD 861.3 million
Market revenue in 2030	USD 1,498.3 million
Growth rate	8.2% (CAGR from 2023 to 2030)
Largest segment	Carbon dioxide (co2) sensors
Fastest growing segment	Nitrogen Oxide (NOx) Sensors
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Oxygen (O2)/Lambda Sensors, Carbon Dioxide (CO2) Sensors, Carbon Monoxide (CO) Sensors, Nitrogen Oxide (NOx) Sensors, Methyl Mercaptan Sensor
Key market players worldwide	ABB Ltd, Nemoto & Co., Robert Bosch Engineering & Business Solutions, Siemens AG, Figaro, Teledyne Technologies Inc, City Technology Ltd., Dynament, GfG Instrumentation

In terms of revenue, Europe region accounted for 29.7% of the global gas sensor market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 283.9 million by 2030.