India Gas Sensor Market Size & Outlook, 2023-2030

The gas sensor market in India is expected to reach a projected revenue of US$ 338.3 million by 2030. A compound annual growth rate of 12% is expected of India gas sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$153.4
Forecast, 2030 (US$M)
$338.3
CAGR, 2024 - 2030
12%
Report Coverage
India

India gas sensor market highlights

  • The India gas sensor market generated a revenue of USD 153.4 million in 2023 and is expected to reach USD 338.3 million by 2030.
  • The India market is expected to grow at a CAGR of 12% 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.

Gas sensor market data book summary

Market revenue in 2023USD 153.4 million
Market revenue in 2030USD 338.3 million
Growth rate12% (CAGR from 2023 to 2030)
Largest segmentCarbon dioxide (co2) sensors
Fastest growing segmentNitrogen Oxide (NOx) Sensors
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOxygen (O2)/Lambda Sensors, Carbon Dioxide (CO2) Sensors, Carbon Monoxide (CO) Sensors, Nitrogen Oxide (NOx) Sensors, Methyl Mercaptan Sensor
Key market players worldwideABB Ltd, Nemoto & Co., Robert Bosch Engineering & Business Solutions, Siemens AG, Figaro, Teledyne Technologies Inc, City Technology Ltd., Dynament, GfG Instrumentation

Other key industry trends

  • In terms of revenue, India accounted for 5.3% of the global gas sensor market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China gas sensor market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 338.3 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Gas Sensor Market Scope

Gas sensor market segmentation & scope
Oxygen (O2)/Lambda Sensors
Carbon Dioxide (CO2) Sensors
Carbon Monoxide (CO) Sensors
Nitrogen Oxide (NOx) Sensors
Methyl Mercaptan Sensor
Others
Wired
Wireless
Electrochemical
Semiconductor
Solid State/MOS
PID
Catalytic
Infrared
Others
Medical
Building Automation & Domestic Appliances
Environmental
Petrochemical
Automotive
Industrial
Agriculture
Others

Gas Sensor Market Companies

Name Profile # Employees HQ Website

India gas sensor market size, by product, 2018-2030 (US$M)

India Gas Sensor Market Outlook Share, 2023 & 2030 (US$M)

India gas sensor market size, by product, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more