MEMS Gas Sensor Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

[185+ Pages PDF Report] Global MEMS gas sensors market was approximately USD 151.9 Million in 2019 and is anticipated to reach around USD 233.9 Million by 2026. The anticipated CAGR for the MEMS gas sensors market is around 6.3% from 2020 to 2027.

This professional and specialized report study examines the technical and business perspective of the MEMS Gas Sensor industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the MEMS Gas Sensor market. The report study analyzes the market statistics at the global as well as regional levels to gain an in-depth perspective of the overall MEMS Gas Sensor market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Kilo Tons) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

Key Insights from Primary Research

• As per our primary respondents, the MEMS Gas Sensor is set to grow annually at a rate of around 8%
• It was established through primary research that the MEMS Gas Sensor was valued at around USD 810 Million in 2019.
• In terms of volume, the MEMS Gas Sensor stood at around 58 K Units, in 2019.
• The “Inflammable Gas” category, on the basis of type segmentation, was the leading revenue-generating category accounting for around 50% share, in 2019.
• On the basis of application segmentation, the “Chemical & Oil”category held the leading share at more than 25%, in 2019.

Key Recommendations from Analysts

• As per our analysis, the MEMS gas sensor industry is expected to grow at a significant rate owing to the growth of chemical and oil sectors and stringent environmental norm.
• Investing in inflammable gas sensors and toxic gas sensors is the better investment option for the manufacturer.
• North-America market is expected to have a major market share in the forthcoming time. The growth is expected due to the growing automotive and transportation industry, energy and power industry, oil and gas industry. India is expected to become the fastest-growing country owing to the execution of smart city projects.
• Growing at a CAGR around 8%, MEMS Gas Sensor provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified the “Inflammable Gas” and “Chemical & Oil” categories as the leading investment pockets for MEMS Gas Sensor in terms of type and application segmentation respectively.

Market Share – By Application

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the MEMS Gas Sensor market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the MEMS Gas Sensor market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the MEMS Gas Sensor market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the MEMS Gas Sensor market.

The research study provides a critical assessment of the MEMS Gas Sensor industry by logically segmenting the market on the basis of Type, Application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the MEMS Gas Sensor industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The MEMS Gas Sensor market is segmented based on Type and Application.  On the basis of type segmentation, the market is classified into Inflammable Gas, Toxic Gas, and Others. In terms of Application segmentation, the market is bifurcated into Chemical & Oil, Mining, Environmental, Civil Gas Safety, and Others.

Report Scope

Some of the essential players operating in the MEMS Gas Sensor market, but not restricted to include

• KWJ
• Figaro
• Winsen
• AMS
• Omron
• K-Free Technology Limited
• Gelest Inc

The taxonomy of the MEMS Gas Sensor Market by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Inflammable Gas
• Toxic Gas
• Others

By Application Segmentation Analysis

• Chemical & Oil
• Mining
• Environmental
• Civil Gas Safety
• Others

Regional Segmentation Analysis

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

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising a dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)