Japan Gas Sensor Market Size & Outlook, 2023-2030

The gas sensor market in Japan is expected to reach a projected revenue of US$ 339.7 million by 2030. A compound annual growth rate of 11.5% is expected of Japan gas sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$158.9
Forecast, 2030 (US$M)
$339.7
CAGR, 2024 - 2030
11.5%
Report Coverage
Japan

Japan gas sensor market highlights

  • The Japan gas sensor market generated a revenue of USD 158.9 million in 2023 and is expected to reach USD 339.7 million by 2030.
  • The Japan market is expected to grow at a CAGR of 11.5% 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 158.9 million
Market revenue in 2030USD 339.7 million
Growth rate11.5% (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, Japan accounted for 5.5% 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.

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Gas Sensor Market Companies

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

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

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

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