Middle East & Africa Gas Sensor Market Size & Outlook

The gas sensor market in Middle East & Africa is expected to reach a projected revenue of US$ 283.9 million by 2030. A compound annual growth rate of 10.3% is expected of Middle East & Africa gas sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$143.0
Forecast, 2030 (US$M)
$283.9
CAGR, 2024 - 2030
10.3%
Report Coverage
Middle East & Africa

MEA gas sensor market highlights

  • The MEA gas sensor market generated a revenue of USD 143.0 million in 2023.
  • The market is expected to grow at a CAGR of 10.3% from 2024 to 2030.
  • In terms of segment, carbon dioxide (co2) sensors was the largest revenue generating product in 2023.
  • Methyl Mercaptan Sensor is the most lucrative product segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023USD 143.0 million
Market revenue in 2030USD 283.9 million
Growth rate10.3% (CAGR from 2023 to 2030)
Largest segmentCarbon dioxide (co2) sensors
Fastest growing segmentMethyl Mercaptan Sensor
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, MEA region accounted for 4.9% 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.

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Gas Sensor Market Companies

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Middle East & Africa gas sensor market

Middle East & Africa Gas Sensor Market Outlook Share, 2023 & 2030 (US$M)

Middle East & Africa gas sensor market

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