Mexico Volatile Organic Compound (voc) Gas Sensor Market Size & Outlook
Mexico volatile organic compound (voc) gas sensor market, 2017-2030 (US$M)
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Mexico volatile organic compound (voc) gas sensor market highlights
- The Mexico volatile organic compound (voc) gas sensor market generated a revenue of USD 2.5 million in 2023 and is expected to reach USD 3.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, metal-oxide semiconductor was the largest revenue generating technology in 2023.
- Infrared-based detection is the most lucrative technology segment registering the fastest growth during the forecast period.
Volatile organic compound (voc) gas sensor market data book summary
| Market revenue in 2023 | USD 2.5 million |
| Market revenue in 2030 | USD 3.5 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Metal-oxide semiconductor |
| Fastest growing segment | Infrared-based detection |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photo-Ionization Detector (PID), Infrared-based detection, Metal-oxide Semiconductor |
| Key market players worldwide | Honeywell International Inc, Bosch, ABB Ltd, Siemens AG, Amphenol Corp Class A, Renesas Electronics Corp, AlphaSense, ION Science, Loriot, Sensirion |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global volatile organic compound (voc) gas sensor market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil volatile organic compound (voc) gas sensor market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 3.5 million by 2030.
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Volatile Organic Compound (VOC) Gas Sensor Market Scope
Volatile Organic Compound (VOC) Gas Sensor Market Companies
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Mexico volatile organic compound (voc) gas sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to volatile organic compound (voc) gas sensor market will help companies and investors design strategic landscapes.
Metal-oxide semiconductor was the largest segment with a revenue share of 36% in 2023. Horizon Databook has segmented the Mexico volatile organic compound (voc) gas sensor market based on photo-ionization detector (pid), infrared-based detection, metal-oxide semiconductor covering the revenue growth of each sub-segment from 2017 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico volatile organic compound (voc) gas sensor market , including forecasts for subscribers. This country databook contains high-level insights into Mexico volatile organic compound (voc) gas sensor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico volatile organic compound (voc) gas sensor market size, by technology, 2017-2030 (US$M)
Mexico Volatile Organic Compound (VOC) Gas Sensor Market Outlook Share, 2023 & 2030 (US$M)
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