Volatile Organic Compound Gas Sensor Market
Analysis, Size, Growth, Share, Trend, Forecast 2023
Volatile Organic Compound Gas Sensor Market Growth & Trends
The global volatile organic compound gas sensor market size is expected to reach USD 233.3 million by 2030, expanding at a CAGR of 5.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. Volatile organic compounds (VOCs) are harmful gases that contribute to air pollution. As a result, detecting VOCs in the air has become a critical concern, especially in the development of leak detection devices. The use of VOC sensors in air monitoring devices has gained significant attention due to their exceptional sensing performance, portability, and compact size. In addition, rising awareness regarding indoor and outdoor air quality is fueling the demand for environmental monitoring solutions in both industrial and private settings. This trend is expected to drive volatile organic compound gas sensor market growth in the coming years.
Advanced technologies such as miniaturized Photo Ionization Detectors (PIDs) for measurement, Non-dispersive Infrared (NDIR) sensors for combustible gas, and other types of substance-specific electrochemical sensors are now available for integration into portable multi-sensor instruments. These VOC gas sensors are primarily employed in the oil and gas industry to detect leaks at various stages of production, including drilling platforms (upstream), trailers, pipelines, refining and storage facilities (downstream), and tanker vessels (midstream). Furthermore, the
increasing adoption of wireless sensor technology and miniaturization of electronic components has led to the rising demand for VOC gas sensors.
Furthermore, various companies started producing wireless volatile organic compound gas sensors, which is ultimately contributing to the market’s growth. For instance, in October 2021, ABB Ltd. launched its first touchfree smart sensor under the name ABB FusionAir Smart Sensor to monitor the carbon dioxide (CO2), humidity, temperature, and VOCs to improve the overall indoor air quality and reduce the risk of viral exposure. Apart from measuring temperature, humidity, CO2, and VOC levels, the FusionAir Smart Sensor also provides intelligent control for HVAC, lighting, and blinds by connecting with Passive Infrared (PIR) sensors or door entry data. By enabling contactless control, this sensor provides safety against the transmission of surface-borne diseases to occupants of a building.
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The outbreak of the COVID-19 pandemic severely impacted several economies. The pandemic has caused disruptions in the supply chain, leading to production and delivery delays for some VOC gas sensor manufacturers. This has created challenges for businesses that rely on these technologies and has caused some to postpone investments in new equipment or technologies. Despite these challenges, the VOC gas sensor industry is expected to continue to grow in the coming years, driven by a growing demand for air quality monitoring solutions in various sectors such as healthcare, education, and commercial buildings.
Volatile Organic Compound Gas Sensor Market Report Highlights
The infrared-based detection segment is anticipated to emerge as the fastest-growing segment over the forecast period. The infrared gas sensor offers several advantages, including excellent selectivity, robust anti-interference capabilities, resistance to poisoning, and minimal need for frequent recalibration. As a result, it has become a critical component in ensuring industrial safety and gas detection in recent decades
The multiple gas detection sensor segment accounted for the largest market share in 2022. A multiple gas detection sensor is a portable device designed to detect multiple gases simultaneously. Multiple gas detection sensors are utilized in various applications where it is necessary to detect and monitor the presence of several gases simultaneously. Some of the most common use cases for multiple gas detection sensors include industrial safety and environmental monitoring
The food and beverage segment is anticipated to emerge as the fastest-growing segment over the forecast period. Increasing use of VOC gas sensors in food processing facilities, restaurants, and other food-related facilities to monitor indoor air quality is boosting the segment’s growth
Asia Pacific is anticipated to be the fastest-growing region owing to the increasing industrial automation in countries such as China, India, and Japan, where these sensors are largely used in chemical and petrochemical and oil and gas industries owing to their fast speed of response in case of a leakage of combustible gases
Volatile Organic Compound Gas Sensor Market Segmentation
GrandViewResearchhassegmentedtheglobalvolatileorganiccompoundgassensor marketbasedonbatterytype,technology,application,andregion:
VOC Gas Sensor Technology Outlook (Revenue, USD Million, 2017 - 2030)
Photo-IonizationDetector(PID)
Infrared-baseddetection
Metal-oxideSemiconductor
Others
VOC Gas Sensor Type Outlook (Revenue, USD Million, 2017 - 2030)
SingleGasDetectionSensor
MultipleGasDetectionSensor
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VOC Gas Sensor Application Outlook (Revenue, USD Million, 2017 - 2030)
Oil&Gas
Agriculture
Automotive
ChemicalIndustry
Manufacturing
Food&Beverages
Metals&Mining
Others
VOC Gas Sensor Regional Outlook (Revenue, USD Million, 2017 - 2030)
NorthAmerica
o U.S.
o Canada
Europe
o Germany
o UK
o France
AsiaPacific
o China
o India
o Japan
o Australia
o SouthKorea
LatinAmerica
o Brazil
o Mexico
MEA
o KingdomofSaudiArabia
o UAE
o SouthAfrica
List of Key Players of Volatile Organic Compound (VOC) Gas Sensor Market
Alphasense
HoneywellInternationalInc.
BoschSensortecGmbH
ABBLtd.
SiemensAG
IonScienceLtd.
SGXSensortech
RenesasElectronicsCorporation
EcoSensors
SensirionAG
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