The global chemical sensors market is expected to grow with a CAGR of 7.0% from 2024 to 2030

chemical sensors market

CITY, Country, 2023-Sep-28 — /EPR Network/ —

https://www.lucintel.com/chemical-sensors-market.aspx

According to a market report by Lucintel, the future of the global chemical sensors market looks promising with opportunities in the oil & gas, military and defense, medical, and automotive markets. The global chemical sensors market is expected to reach an estimated $36.9 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are on-going advancements in the miniaturization and portability of electrochemical sensors, increasing stringent regulations for air and water quality management, and rising acceptance and implementation within the automotive and healthcare sectors.

In this market, electrochemical, optical, and pellistor/catalytic bead are the major segments of chemical sensors market by product type.

Lucintel forecasts that electrochemical is expected to witness highest growth over the forecast period.

Within this market, medical will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Siemens, MSA Safety Incorporated, ABB, Bayer, Honeywell International, Air Test Technologies, General Electric, Sick, Thermo Fisher Scientific, and Hans Turck are the major suppliers in the chemical sensors market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1–972–636–5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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