Global Covid-19 Impact on Gas Sensors Market Size study, by End User (Medical & Healthcare, Oil & Gas, Food & Beverage, Automotive & Transportation, Building & Construction, Water Treatment, Others), Technology (MOS, Infrared (IR), Catalytic, Electrochemical, Photoionization detection (PID), Zirconia, Holographic, Laser, Others) and Regional Forecasts 2020-2027

  • Product Code:
    RP-ID-10324810
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    Energy & Power
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Global Covid-19 Impact on Gas Sensors Market is valued approximately USD 1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.8% over the forecast period 2020-2027. The outbreak of Covid-19 has created lucrative opportunities towards the demand of gas sensors, globally. . In the Covid-19 scenario, the gas sensors market is mainly driven by rising manufacturing of ventilators, respirators and medical equipment’s as well as would witness constrained growth in the sectors such as building & construction, automotive and oil & gas. Presently, , almost all the organization indulged in manufacturing of medical devices and has shifted their focus mainly on ventilator manufacturing as the outbreak of covid-19 has rapidly enhanced the demand for ventilators in both public and private hospitals which has resulted in fueling the demand for gas sensors.. Additionally, the strategic initiatives taken by the private organizations indulged in offering gas sensors & associated equipment’s is also acting as a key factor towards surge and adoption of gas sensors market. For instance: Switzerland based private firm Sensirion AG, has announced the launch of new product SFM3019 gas flow sensor in the year 2020. This initiative taken by the organization is anticipated to meet the high demand arising from ventilator manufacturers. Also, , in March 2020, US based private organization Zoll medical corporation is indulged in manufacturing of medical devices & related software solutions had opted for aggressive steps to enhance manufacturing capacity to 10,000 ventilators per month in response to the Covid-19 pandemic. . This step taken by the organization would represent nearly 25 fold expansion in comparison to earlier production volume further augmenting the development and growth of gas sensors market.

The regional analysis of global Covid-19 Impact on Gas Sensors market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapidly surging cases of Covid-19 in both urban and semi-urban provinces of Covid-19 along with strategic initiatives taken by the private organization indulged in manufacturing of gas sensors. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as escalating cases of Covid-19 among all Asian countries along with high geriatric population in countries such as China and Japan would create lucrative growth prospects for the Covid-19 Impact on Gas Sensors market across Asia-Pacific region.

Major market player included in this report are:
Honeywell Analytics
MSA
Amphenol
Figaro
Alphasense
AMS AG
Membrapor AG
Dynament
Sensiron AG
Asahi Kasei (AKM)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End User:
Medical & Healthcare
Oil & Gas
Food & Beverage
Automotive & Transportation
Building & Construction
Water Treatment
Others
By Technology:
MOS (Metal-Oxide-Semiconductor)
Infrared (IR)
Catalytic
Electrochemical
Photoionization detection(PID)
Zirconia
Holographic
Laser
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Covid-19 Impact on Gas Sensors Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Honeywell Analytics
MSA
Amphenol
Figaro
Alphasense
AMS AG
Membrapor AG
Dynament
Sensiron AG
Asahi Kasei (AKM)
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