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Transparency Market Research
Gas Sensors Market - Global Industry Size, Share, Trends, Analysis and Forecast, 2012 - 2018
Published Date 24-July-2013
124 Page Report
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Press Release
Gas Sensors Market Is Expected to Reach USD 2.32 Billion Globally in 2018: Transparency Market Research
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Gas Sensors Market
REPORT DESCRIPTION
Gas Sensors Market - Global Industry Size, Share, Trends, Analysis and Forecast, 2012 - 2018 According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Gas Sensors Market - Global Industry Size, Share, Trends, Analysis and Forecast, 2012-2018," the global gas sensors market is expected to reach a value of USD 2.32 billion by 2018, at a CAGR of 5.7% from 2012 to 2018. Strengthening government regulations for exhaust emission control and growing concerns towards occupational safety and health are some important factors driving the demand for gas sensors, globally. Europe was the largest contributor to the global gas sensors market in 2012, accounting for around 30% share of the overall market. Asia Pacific, growing at a CAGR of 6.9% during the forecast period from 2012 to 2018, is expected to be the fastest growing regional market for gas sensors. Browse the full report at Gas Sensors Market http://www.transparencymarketresearch.com/gassensors-market.html Some of the major gas sensing technologies include electrochemical, semiconductor, catalytic, infrared, PID (photoionization detector), and solid state, among others. Gas sensors based on electrochemical and semiconductor gas sensing technologies held the largest market share of around 21% and 20%, respectively, in 2012. Better efficiency, fast response time, and cost effectiveness are some important factors that led...