DUBLIN, June 23, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/l78f96/europe_gas) has announced the addition of the "Europe Gas Sensors Market - Growth, Trends & Forecasts (2014-2020)" report to their offering.
The Europe gas sensors market is expected to increase to $580 million by 2018 at a CAGR of 5.91% over the period 2014-2020
The proliferation of handheld devices has led to developments in the field of smart gas sensors, which has considerably widened their application scope. Need for ensuring safety in workplaces is expected to be the key driving force for the market over the next six years. Regulations in developed markets of Europe mandate the use of these sensors in potentially hazardous environments. The growing incorporation of gas sensors in automobiles for comfort and safety of passengers is mainly responsible for the growth of the Europe automotive gas sensors market. Increasing use of gas sensors in breath analysis to check the health of patients is also driving the demand for gas sensors.
The major trend driving the Europe Gas sensor market is the development of wireless capabilities and miniaturization coupled with improved communication capabilities, which enables their integration into various devices and machines without compromising the detection of toxic or flammable gases at safe distances. Stringent standards for emission control and initiatives for promoting energy efficiency have driven demand in the European gas sensors market. Infrared sensors are the sole type of gas sensor technology currently experiencing substantial growth in the European market.
The Europe Gas Sensors Market is segmented on the basis of Type (Oxygen Sensors, Carbon Dioxide Sensors, Carbon Monoxide Sensors, Nox Sensors, and Others), Technology (Electrochemical Sensors, Semiconductor Sensors, Solid State/MOS, PID, Catalytic, and IR) & Industry (Medical, Building Automation, Environmental, Petrochemical, Automotive, Industrial, and Others).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
- ABB Ltd..
- Aeroqual Ltd.
- City Technology Ltd.
- Dragerwerk AG & Co. KGaA
- Dynament Ltd
- Figaro Engineering Inc.
- GfG Europe Ltd
- Membrapor AG
- Nemoto & Co., Ltd
- NGK Insulators Ltd.
- Robert Bosch, LLC
- Siemens AG
- Trolex Ltd
- Yokogawa Electric Corporation
For more information visit http://www.researchandmarkets.com/research/l78f96/europe_gas
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SOURCE Research and Markets