Global Gas Sensors Market Will Cross Us$ 2500.00 Million by 2020

Global Gas Sensors Market will cross US$ 2500.00 Million by 2020 – by Market Research Engine

Florida, April 05: Market Research Engine has published a new report titled as “Gas Sensors Market by Application (Medical, Petrochemical, Automotive), by Technology (Electrochemical, Catalytic, Infrared) and by Geography - Global Industry Analysis and Forecast 2015 – 2020”.

“Global Gas Sensors Market will Grow at a CAGR of more than 5% in the given forecast period and will cross US$ 2500.00 Million by 2020.”

Browse the full report here: http://www.marketresearchengine.com/reportdetails/gas-sensors-market

A gas sensor is a device that detects the presence of gases in an area, often as part of a safety system. This type of equipment is used to detect a gas leak and interface withal control system so a process can be automatically shut down. Gas sensor devices have application across various sectors and some of the major applications of gas sensors are in process industries, automotive industry, building automation, industrial applications, medical applications, and others. These devices do continuous analysis and monitoring of gases in the area and alert on detection of gases in various end-user industries.

This report on the global gas sensors market provides detail analysis of the market based on its major product segments, applications, and different regions for the period from 2015 to 2020. It also identifies the key trends that will define the future growth trajectory of the global gas sensors market.

Some of the major end-user industries uses the gas sensors device including medical, building automation, domestic appliance, environmental applications, petrochemical & Oil industry, automotive & manufacture industry, industrial applications and others.

The global gas analyzers, sensors and detectors market is moderately fragmented, where Honeywell International Inc. (U.S.), ABB Ltd. (Switzerland), GE Measurement & Control(U.S.), Figaro Engineering Inc....