Chemical Sensors Market, By Application (Optical Sensor, Electrochemical, and Catalytic Bead), By End-User (Oil and Gas, Automotive, Medical, Environmental Monitoring, and Industrial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI79319 | Publish Date: April 2024 | No. of Pages: 170

Global Chemical Sensors Market By Overview

Chemical Sensors Market was valued at US$ 25.6 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach US$ 48.9 Billion by 2034.

An analyte's chemical characteristics are detected and measured by a chemical sensor, which subsequently transforms the chemical data into electrical data. Oxygen, motor vehicle sensors, food and beverage processing, chemical processing, industrial safety & emission, industrial safety systems, emissions monitoring, water & wastewater, automotive emissions testing, environmental monitoring, defence, and homeland security are just a few of the applications that use chemical sensors. Chemical sensors are utilised in a variety of applications, including fertility treatments, blood sugar testing strips, cancer detection, renal failure diagnosis, and portable glucose monitors. By encouraging diagnosis applications, it is anticipated that improving the speed and precision of detection techniques in the medical field would boost the market for chemical sensors.

Chemical Sensors Market Report

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Global Chemical Sensors Market By Drivers & Restraints

The global market for chemical sensors is anticipated to grow significantly over the next seven years as a result of an increase in application across end-use industries like processing, motor vehicles, and medicine. These are just a few of the uses for chemical sensors: oxygen, automotive sensors, food and beverage processing, chemical processing, industrial safety & emission, industrial safety systems, emissions monitoring, water & wastewater, automotive emissions testing, environmental monitoring, defence, and homeland security. Chemical sensors are employed in a variety of medical applications, including fertility treatments, portable glucose monitors, cancer screening, renal failure diagnosis, drug and alcohol abuse diagnoses, and blood sugar testing strips. It is anticipated that improving the speed and accuracy of detection processes in the medical field will encourage diagnosis application, which would increase market growth.

Global Chemical Sensors Market By Segmentations & Regional Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Chemical Sensors Market is segmented based on product type, end-use industry, and region. On the basis of product type, the Chemical Sensors Market is segmented into Optical Sensor, Electrochemical, and Catalytic Bead. On the basis of end-use industry, the Chemical Sensors Market is segmented into Oil and Gas, Automotive, Medical, Environmental Monitoring, and Industrial.

Regional Insights:

On basis of region the Chemical Sensors Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to become the market with the highest growth rate. The demand for chemical sensors is being driven by the alarming levels of pollution in China, India, and other Asia-Pacific nations. Chemical sensors are in high demand in the Asia-Pacific region thanks to affordable prices, adaptable applications, and quick technological advancements. Due to the growing use of chemical sensors in industrial safety operations and environmental monitoring programmes, the market forecast for chemical sensors appears positive

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024– 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Application – Optical Sensor, Electrochemical, and Catalytic Bead.

By End-user – Oil and Gas, Automotive, Medical, Environmental Monitoring, and Industrial.  

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Global Chemical Sensors report based on test, application, and region.

Chemical Sensors Market, By Product type:

  • Mobile-Based
  • Desktop-Based

Chemical Sensors Market, By End-use:

  • Oil and Gas
  • Automotive
  • Medical
  • Environmental Monitoring
  • Industrial

Chemical Sensors Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Chemical Sensors Market By Competitive Landscape & Key Players

The key players operating the Chemical Sensors Market includes ABB Group, Delphi Automotive PLC., The Bosch Group, Emerson Electric, Co., Denso Corporation, Halma plc, Siemens AG, Honeywell International, Inc., Yokogawa Electric Corporation, and F. Hoffmann-La Roche Ltd.

Global Chemical Sensors Market By Company Profile

  • ABB Group*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Delphi Automotive PLC.
  • The Bosch Group
  • Emerson Electric, Co.
  • Denso Corporation
  • Halma plc
  • Siemens AG
  • Honeywell International, Inc.
  • Yokogawa Electric Corporation
  • F. Hoffmann-La Roche Ltd.

 “*” marked represents similar segmentation in other categories in the respective section

FAQs

Chemical Sensors Market report segments the market basis of product type, end-use industry, and region.

Due to an increase in application across end-use sectors such as motor vehicles, medical, and processing, the worldwide chemical sensors market is expected to develop significantly over the next seven years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

The leading players operating in the Chemical Sensors Market includes ABB Group, Delphi Automotive PLC., The Bosch Group, Emerson Electric, Co., Denso Corporation, Halma plc, Siemens AG, Honeywell International, Inc., Yokogawa Electric Corporation, and F. Hoffmann-La Roche Ltd.