Volatile Organic Compound (VOC) Gas Sensor Market by Type (Single Gas Detection Sensor, Multiple Gas Detection Sensor), Technology, Application, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Volatile Organic Compound (VOC) Gas Sensor Market Size

The Volatile Organic Compound (VOC) Gas Sensor market size was valued at $163.35 million in 2023 and is projected to reach $231.71 million by 2029, growing at a CAGR of 6.0% during the forecast period.

Volatile Organic Compound (VOC) Gas Sensor Market Overview

A Volatile organic compound (VOC) gas sensor is a device designed to detect and measure the presence of volatile organic compounds in the air. VOCs are a group of organic chemicals that can easily evaporate into the air, originating from various sources such as paints, solvents, cleaning agents, and industrial processes. The sensor typically utilizes advanced technologies, such as metal oxide or photoionization sensors, to identify and quantify the concentration of VOCs in the surrounding environment. When VOCs are present, the sensor produces an electrical signal proportional to the concentration, triggering alarms or providing data for monitoring systems. These sensors are integral to indoor air quality monitoring, industrial safety applications, and environmental monitoring efforts. By enabling the early detection of potentially harmful VOC levels, these sensors play a crucial role in ensuring occupant health, workplace safety, and environmental compliance.

Volatile Organic Compound (VOC) Gas Sensor Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Volatile Organic Compound (VOC) Gas Sensor market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

Volatile Organic Compound (VOC) Gas Sensor Market Scope

The report “Global Volatile Organic Compound (VOC) Gas Sensor Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Volatile Organic Compound (VOC) Gas Sensor Market by, Type

•    Single Gas Detection Sensor
•    Multiple Gas Detection Sensor

Global Volatile Organic Compound (VOC) Gas Sensor Market by, Technology

•    Infrared-based Detection
•    Metal-oxide Semiconductor
•    Photo-Ionization Detector (PID)
•    Other Technologies

Global Volatile Organic Compound (VOC) Gas Sensor Market by, Application

•    Agriculture
•    Automotive
•    Chemical
•    Food & Beverages
•    Manufacturing
•    Metals & Mining
•    Oil & Gas
•    Other  Applications

Global Volatile Organic Compound (VOC) Gas Sensor Market by, Geography

•    North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.
•    Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
•    Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
•    South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
•    Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

•    ABB Ltd.
•    Alphasense
•    Bosch Sensortec GmbH
•    EcoSensors
•    Honeywell International Inc.
•    Ion Science Ltd.
•    Renesas Electronics Corporation
•    Sensirion AG
•    SGX Sensortech
•    Siemens AG

What can be explored with this research report?

•    Understand global Volatile Organic Compound (VOC) Gas Sensor market analysis, trends, and forecast to 2029.
•    Understand analysis of the Volatile Organic Compound (VOC) Gas Sensor market structure by identifying various segments and sub-segments of the market.
•    Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Volatile Organic Compound (VOC) Gas Sensor market.
•    Understand the revenue forecast of the Volatile Organic Compound (VOC) Gas Sensor market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
•    Identification of major market trends, factors driving, restraining, threatening, and providing opportunities for the Volatile Organic Compound (VOC) Gas Sensor market growth.
•    Analyzing opportunities by identification of high-growth segments/revenue pockets in the Volatile Organic Compound (VOC) Gas Sensor market.
•    Understand major player profiles in the Volatile Organic Compound (VOC) Gas Sensor market and analyze their business strategies.
•    Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Volatile Organic Compound (VOC) Gas Sensor market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Volatile Organic Compound (VOC) Gas Sensor Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Volatile Organic Compound (VOC) Gas Sensor Market by, Type 
 6.1 Overview 
 6.2 Single Gas Detection Sensor 
 6.3 Multiple Gas Detection Sensor 
 
7 Global Volatile Organic Compound (VOC) Gas Sensor Market by, Technology 
 7.1 Overview 
 7.2 Infrared-based Detection 
 7.3 Metal-oxide Semiconductor 
 7.4 Photo-Ionization Detector (PID) 
 7.5 Other Technologies 
 
8 Global Volatile Organic Compound (VOC) Gas Sensor Market by, Application 
 8.1 Overview 
 8.2 Agriculture 
 8.3 Automotive 
 8.4 Chemical 
 8.5 Food & Beverages 
 8.6 Manufacturing 
 8.7 Metals & Mining 
 8.8 Oil & Gas 
 8.9 Other  Applications 
 
9 Global Volatile Organic Compound (VOC) Gas Sensor Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US
 9.2.2 Canada
 9.2.3 Mexico
 9.3 Europe 
 9.3.1 Germany
 9.3.2 France
 9.3.3 UK
 9.3.4 Italy
 9.3.5 Spain
 9.3.6 Rest of Europe
 9.4 Asia Pacific 
 9.4.1 China
 9.4.2 Japan
 9.4.3 India
 9.4.4 South Korea
 9.4.5 Australia
 9.4.6 New Zealand
 9.4.7 Rest of Asia Pacific
 9.5 South America 
 9.5.1 Brazil
 9.5.2 Argentina
 9.5.3 Chile
 9.5.4 Rest of South America
 9.6 Middle East & Africa 
 9.6.1 UAE
 9.6.2 Saudi Arabia
 9.6.3 Qatar
 9.6.4 Iran
 9.6.5 South Africa
 9.6.6 Rest of Middle East & Africa
 
10 Key Developments 
 
11 Company Profiling 
 11.1 ABB Ltd. 
 11.1.1 Business Overview
 11.1.2 Product/Service Offering
 11.1.3 Financial Overview
 11.1.4 SWOT Analysis
 11.1.5 Key Activities
 11.2 Alphasense 
 11.3 Bosch Sensortec GmbH 
 11.4 EcoSensors 
 11.5 Honeywell International Inc. 
 11.6 Ion Science Ltd. 
 11.7 Renesas Electronics Corporation 
 11.8 Sensirion AG 
 11.9 SGX Sensortech 
 11.10 Siemens AG