The global electrochemical sensors market was surpassed at USD 15.78 billion in 2022 and is expected to hit around USD 29.21 billion by 2032, growing at a CAGR of 6.35% from 2023 to 2032.
Key Pointers
Report Scope of the Electrochemical Sensors Market
Report Coverage | Details |
Market Size in 2022 | USD 15.78 billion |
Revenue Forecast by 2032 | USD 29.21 billion |
Growth rate from 2023 to 2032 | CAGR of 6.35% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Covered | Thermo Fisher Scientific, Inc.; MSA Safety; Emerson Electric Co.; Conductive Technologies Inc.; Delphian Corporation; SGX Sensortech Ltd; Ametek Inc.; Figaro USA Inc.; Dragerwerk AG; MembraporAG; Alphasense; City Technology; Figaro; Draeger; Winsen; Dart; General Electric |
Increasing focus on the safety of hazardous locations due to the rise in the number of explosions occurring in the extreme environment of the manufacturing and chemical industries because of the presence of toxic and combustible gases has prompted an increased focus on explosion prevention through implicit monitoring across the hazardous zones of these end-user industries to achieve a safer working environment.
The automotive sector has witnessed favorable gains, primarily driven by emerging applications such as cabin air quality and fuel emission detectors. Aligning trends such as improving fuel efficiency and air quality control has been a significant driver for the electrochemical-based gas sensor market.
Furthermore, government regulations, such as COSHH and OSHA regulations, toward offshore oil and gas exploration and production, and storage activities, impose strict limits on the exposure to carbon monoxide and other toxic gases fumes. This has been a significant driver for the adoption of electrochemical technology-based gas sensors.
Medical and diagnostics are lucrative market segments driven by a strong interest in fast point-of-care testing and monitoring devices. Furthermore, the integration of bio-sensors into multiple diagnostic medical equipment is set to offer a plethora of opportunities for the market over the forecast period.
Further, the vendors in the studied market are constantly innovating and offering new solutions. For instance, in July 2021, DropSens, a Metrohm company, unveiled new capabilities that will make mass production of customized electrochemical sensors easier. Custom sensors are made using a highly scalable and cost-effective manufacturing technique that has almost no quantity restrictions. From original concept to in-depth prototype design, Metrohm DropSens covers the whole development and manufacturing process.
Moreover, in March 2021, for industrial safety applications, DD-Scientific introduced a new line of high-performance electrochemical gas sensors. The DceL suite of solutions not only provides industry-leading robustness and performance for dangerous gas and oxygen monitoring, but they also come in an ultra-compact design that allows for detector size reduction. Sensors for the most routinely measured hazardous species, such as hydrogen sulfide, carbon monoxide, nitrogen dioxide, ammonia, and Sulphur dioxide, are available in the DceL range.
The outbreak of the COVID-19 pandemic caused by a novel severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) posed a threat to public health worldwide. Thus, the development of a rapid, accurate, and easy-to-implement diagnostic system for virus detection became crucial for controlling the infection sources and monitoring the illness progression.
In June 2020, the Northeastern University College of Engineering Professor Nian Sun was awarded a USD 200,000 NSF RAPID grant for the COVID-19 new handheld gas sensor for Airborne SARS-CoV-2 Virus instant COVID-19 diagnosis from exhaled breath. In collaboration with Jeremy Luban from UMass Medical School, the project aims to streamline the COVID-19 detection and diagnosis process. Both professors developed a handheld gas sensor for the SARS-CoV-2 virus in air detection, using each of their fields of expertise.
Electrochemical Sensors Market Segmentations:
By Type | By Product | By End-User |
Conductometric Sensors Potentiometric Sensors Amperometric Sensors |
Humidity sensor Nitrogen oxide sensor Hydrogen sulfide gas sensor Sulfur dioxide sensor Others |
Oil & Gas Chemical & Petrochemicals Mining Environmental Healthcare & Pharmaceuticals Biotechnology Automotive Food & Beverage Others |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Type Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Electrochemical Sensors Market
5.1. COVID-19 Landscape: Electrochemical Sensors Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Electrochemical Sensors Market, By Type
8.1. Electrochemical Sensors Market, by Type, 2023-2032
8.1.1 Conductometric Sensors
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Potentiometric Sensors
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Amperometric Sensors
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Electrochemical Sensors Market, By Product
9.1. Electrochemical Sensors Market, by Product, 2023-2032
9.1.1. Humidity sensor
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Nitrogen oxide sensor
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Hydrogen sulfide gas sensor
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Sulfur dioxide sensor
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Electrochemical Sensors Market, By End-User
10.1. Electrochemical Sensors Market, by End-User, 2023-2032
10.1.1. Oil & Gas
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Chemical & Petrochemicals
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Mining
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Environmental
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Healthcare & Pharmaceuticals
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. Biotechnology
10.1.6.1. Market Revenue and Forecast (2020-2032)
10.1.7. Automotive
10.1.7.1. Market Revenue and Forecast (2020-2032)
10.1.8. Food & Beverage
10.1.8.1. Market Revenue and Forecast (2020-2032)
10.1.9. Others
10.1.9.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Electrochemical Sensors Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2020-2032)
11.1.2. Market Revenue and Forecast, by Product (2020-2032)
11.1.3. Market Revenue and Forecast, by End-User (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Type (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Product (2020-2032)
11.1.4.3. Market Revenue and Forecast, by End-User (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Type (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Product (2020-2032)
11.1.5.3. Market Revenue and Forecast, by End-User (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2020-2032)
11.2.2. Market Revenue and Forecast, by Product (2020-2032)
11.2.3. Market Revenue and Forecast, by End-User (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Type (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Product (2020-2032)
11.2.4.3. Market Revenue and Forecast, by End-User (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Type (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Product (2020-2032)
11.2.5.3. Market Revenue and Forecast, by End-User (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Type (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Product (2020-2032)
11.2.6.3. Market Revenue and Forecast, by End-User (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Type (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Product (2020-2032)
11.2.7.3. Market Revenue and Forecast, by End-User (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2020-2032)
11.3.2. Market Revenue and Forecast, by Product (2020-2032)
11.3.3. Market Revenue and Forecast, by End-User (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Type (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Product (2020-2032)
11.3.4.3. Market Revenue and Forecast, by End-User (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Type (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Product (2020-2032)
11.3.5.3. Market Revenue and Forecast, by End-User (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Type (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Product (2020-2032)
11.3.6.3. Market Revenue and Forecast, by End-User (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Type (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Product (2020-2032)
11.3.7.3. Market Revenue and Forecast, by End-User (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2020-2032)
11.4.2. Market Revenue and Forecast, by Product (2020-2032)
11.4.3. Market Revenue and Forecast, by End-User (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Type (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Product (2020-2032)
11.4.4.3. Market Revenue and Forecast, by End-User (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Type (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Product (2020-2032)
11.4.5.3. Market Revenue and Forecast, by End-User (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Type (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Product (2020-2032)
11.4.6.3. Market Revenue and Forecast, by End-User (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Type (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Product (2020-2032)
11.4.7.3. Market Revenue and Forecast, by End-User (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2020-2032)
11.5.2. Market Revenue and Forecast, by Product (2020-2032)
11.5.3. Market Revenue and Forecast, by End-User (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Type (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Product (2020-2032)
11.5.4.3. Market Revenue and Forecast, by End-User (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Type (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Product (2020-2032)
11.5.5.3. Market Revenue and Forecast, by End-User (2020-2032)
Chapter 12. Company Profiles
12.1. Thermo Fisher Scientific, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. MSA Safety
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Emerson Electric Co.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Conductive Technologies Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Delphian Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. SGX Sensortech Ltd
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Ametek Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Figaro USA Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Dragerwerk AG
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. MembraporAG
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Term