Infrared Gas Sensor Market By Type, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1. Propelling demand for infrared gas sensors in the HVAC system.
3.4.1.2. Rise in need for favorable government regulations regarding the use of infrared gas sensors.
3.4.2.Restraints
3.4.2.1. High initial cost and limitations in terms of distance between the target object and the emitter of the infrared gas sensor.
3.4.3.Opportunities
3.4.3.1. Growing trends towards internet of things (IoT).
3.5.COVID-19 Impact Analysis on the market

CHAPTER 4: INFRARED GAS SENSOR MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Fixed
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Portable
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: INFRARED GAS SENSOR MARKET, BY INDUSTRY VERTICAL
5.1 Overview
5.1.1 Market size and forecast
5.2. Defense and Military
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Healthcare
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Consumer Electronics
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. Automotive
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6. Industrial
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
5.7. Others
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market share analysis by country

CHAPTER 6: INFRARED GAS SENSOR MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Type
6.2.3 North America Market size and forecast, by Industry Vertical
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Key market trends, growth factors and opportunities
6.2.4.1.2 Market size and forecast, by Type
6.2.4.1.3 Market size and forecast, by Industry Vertical
6.2.4.2 Canada
6.2.4.2.1 Key market trends, growth factors and opportunities
6.2.4.2.2 Market size and forecast, by Type
6.2.4.2.3 Market size and forecast, by Industry Vertical
6.2.4.3 Mexico
6.2.4.3.1 Key market trends, growth factors and opportunities
6.2.4.3.2 Market size and forecast, by Type
6.2.4.3.3 Market size and forecast, by Industry Vertical
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Type
6.3.3 Europe Market size and forecast, by Industry Vertical
6.3.4 Europe Market size and forecast, by country
6.3.4.1 UK
6.3.4.1.1 Key market trends, growth factors and opportunities
6.3.4.1.2 Market size and forecast, by Type
6.3.4.1.3 Market size and forecast, by Industry Vertical
6.3.4.2 Germany
6.3.4.2.1 Key market trends, growth factors and opportunities
6.3.4.2.2 Market size and forecast, by Type
6.3.4.2.3 Market size and forecast, by Industry Vertical
6.3.4.3 France
6.3.4.3.1 Key market trends, growth factors and opportunities
6.3.4.3.2 Market size and forecast, by Type
6.3.4.3.3 Market size and forecast, by Industry Vertical
6.3.4.4 Rest of Europe
6.3.4.4.1 Key market trends, growth factors and opportunities
6.3.4.4.2 Market size and forecast, by Type
6.3.4.4.3 Market size and forecast, by Industry Vertical
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Type
6.4.3 Asia-Pacific Market size and forecast, by Industry Vertical
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Key market trends, growth factors and opportunities
6.4.4.1.2 Market size and forecast, by Type
6.4.4.1.3 Market size and forecast, by Industry Vertical
6.4.4.2 Japan
6.4.4.2.1 Key market trends, growth factors and opportunities
6.4.4.2.2 Market size and forecast, by Type
6.4.4.2.3 Market size and forecast, by Industry Vertical
6.4.4.3 India
6.4.4.3.1 Key market trends, growth factors and opportunities
6.4.4.3.2 Market size and forecast, by Type
6.4.4.3.3 Market size and forecast, by Industry Vertical
6.4.4.4 South Korea
6.4.4.4.1 Key market trends, growth factors and opportunities
6.4.4.4.2 Market size and forecast, by Type
6.4.4.4.3 Market size and forecast, by Industry Vertical
6.4.4.5 Rest of Asia-Pacific
6.4.4.5.1 Key market trends, growth factors and opportunities
6.4.4.5.2 Market size and forecast, by Type
6.4.4.5.3 Market size and forecast, by Industry Vertical
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Type
6.5.3 LAMEA Market size and forecast, by Industry Vertical
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Latin America
6.5.4.1.1 Key market trends, growth factors and opportunities
6.5.4.1.2 Market size and forecast, by Type
6.5.4.1.3 Market size and forecast, by Industry Vertical
6.5.4.2 Middle East
6.5.4.2.1 Key market trends, growth factors and opportunities
6.5.4.2.2 Market size and forecast, by Type
6.5.4.2.3 Market size and forecast, by Industry Vertical
6.5.4.3 Africa
6.5.4.3.1 Key market trends, growth factors and opportunities
6.5.4.3.2 Market size and forecast, by Type
6.5.4.3.3 Market size and forecast, by Industry Vertical

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES
8.1 AlphaSense Inc.
8.1.1 Company overview
8.1.2 Key Executives
8.1.3 Company snapshot
8.1.4 Operating business segments
8.1.5 Product portfolio
8.1.6 Business performance
8.1.7 Key strategic moves and developments
8.2 Dräger
8.2.1 Company overview
8.2.2 Key Executives
8.2.3 Company snapshot
8.2.4 Operating business segments
8.2.5 Product portfolio
8.2.6 Business performance
8.2.7 Key strategic moves and developments
8.3 Senseair
8.3.1 Company overview
8.3.2 Key Executives
8.3.3 Company snapshot
8.3.4 Operating business segments
8.3.5 Product portfolio
8.3.6 Business performance
8.3.7 Key strategic moves and developments
8.4 SmartGAS
8.4.1 Company overview
8.4.2 Key Executives
8.4.3 Company snapshot
8.4.4 Operating business segments
8.4.5 Product portfolio
8.4.6 Business performance
8.4.7 Key strategic moves and developments
8.5 Amphenol Corporation
8.5.1 Company overview
8.5.2 Key Executives
8.5.3 Company snapshot
8.5.4 Operating business segments
8.5.5 Product portfolio
8.5.6 Business performance
8.5.7 Key strategic moves and developments
8.6 Heimann
8.6.1 Company overview
8.6.2 Key Executives
8.6.3 Company snapshot
8.6.4 Operating business segments
8.6.5 Product portfolio
8.6.6 Business performance
8.6.7 Key strategic moves and developments
8.7 Honeywell International Inc.
8.7.1 Company overview
8.7.2 Key Executives
8.7.3 Company snapshot
8.7.4 Operating business segments
8.7.5 Product portfolio
8.7.6 Business performance
8.7.7 Key strategic moves and developments
8.8 SGX Sensor tech
8.8.1 Company overview
8.8.2 Key Executives
8.8.3 Company snapshot
8.8.4 Operating business segments
8.8.5 Product portfolio
8.8.6 Business performance
8.8.7 Key strategic moves and developments
8.9 Dynament
8.9.1 Company overview
8.9.2 Key Executives
8.9.3 Company snapshot
8.9.4 Operating business segments
8.9.5 Product portfolio
8.9.6 Business performance
8.9.7 Key strategic moves and developments
8.10 Figaro engineering.inc
8.10.1 Company overview
8.10.2 Key Executives
8.10.3 Company snapshot
8.10.4 Operating business segments
8.10.5 Product portfolio
8.10.6 Business performance
8.10.7 Key strategic moves and developments

List of Tables
Table 1. Global Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 2. Infrared Gas Sensor Market for Fixed, by Region, 2021-2031 (Revenue, $Million)
Table 3. Infrared Gas Sensor Market for Portable, by Region, 2021-2031 (Revenue, $Million)
Table 4. Global Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 5. Infrared Gas Sensor Market for Defense and Military, by Region, 2021-2031 (Revenue, $Million)
Table 6. Infrared Gas Sensor Market for Healthcare, by Region, 2021-2031 (Revenue, $Million)
Table 7. Infrared Gas Sensor Market for Consumer Electronics, by Region, 2021-2031 (Revenue, $Million)
Table 8. Infrared Gas Sensor Market for Automotive, by Region, 2021-2031 (Revenue, $Million)
Table 9. Infrared Gas Sensor Market for Industrial, by Region, 2021-2031 (Revenue, $Million)
Table 10. Infrared Gas Sensor Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 11. Infrared Gas Sensor Market, by Region, 2021-2031 (Revenue, $Million)
Table 12. North America Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 13. North America Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 14. North America Infrared Gas Sensor Market, by Country, 2021-2031 (Revenue, $Million)
Table 15. U.S. Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 16. U.S. Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 17. Canada Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 18. Canada Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 19. Mexico Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 20. Mexico Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 21. Europe Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 22. Europe Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 23. Europe Infrared Gas Sensor Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. UK Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 25. UK Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 26. Germany Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 27. Germany Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 28. France Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 29. France Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 30. Rest of Europe Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 31. Rest of Europe Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 32. Asia-Pacific Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 33. Asia-Pacific Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 34. Asia-Pacific Infrared Gas Sensor Market, by Country, 2021-2031 (Revenue, $Million)
Table 35. China Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 36. China Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 37. Japan Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 38. Japan Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 39. India Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 40. India Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 41. South Korea Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 42. South Korea Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 43. Rest of Asia-Pacific Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 44. Rest of Asia-Pacific Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 45. LAMEA Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 46. LAMEA Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 47. LAMEA Infrared Gas Sensor Market, by Country, 2021-2031 (Revenue, $Million)
Table 48. Latin America Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 49. Latin America Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 50. Middle East Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 51. Middle East Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 52. Africa Infrared Gas Sensor Market, by Type, 2021-2031 (Revenue, $Million)
Table 53. Africa Infrared Gas Sensor Market, by Industry Vertical, 2021-2031 (Revenue, $Million)
Table 54. Alphasense Inc.: Key Executives
Table 55. Alphasense Inc.: Company Snapshot
Table 56. Alphasense Inc.: Operating Segments
Table 57. Alphasense Inc.: Product Portfolio
Table 58. Alphasense Inc.: Net Sales
Table 59. Alphasense Inc.: Key Strategies
Table 60. Dräger: Key Executives
Table 61. Dräger: Company Snapshot
Table 62. Dräger: Operating Segments
Table 63. Dräger: Product Portfolio
Table 64. Dräger: Net Sales
Table 65. Dräger: Key Strategies
Table 66. Senseair: Key Executives
Table 67. Senseair: Company Snapshot
Table 68. Senseair: Operating Segments
Table 69. Senseair: Product Portfolio
Table 70. Senseair: Net Sales
Table 71. Senseair: Key Strategies
Table 72. Smartgas: Key Executives
Table 73. Smartgas: Company Snapshot
Table 74. Smartgas: Operating Segments
Table 75. Smartgas: Product Portfolio
Table 76. Smartgas: Net Sales
Table 77. Smartgas: Key Strategies
Table 78. Amphenol Corporation: Key Executives
Table 79. Amphenol Corporation: Company Snapshot
Table 80. Amphenol Corporation: Operating Segments
Table 81. Amphenol Corporation: Product Portfolio
Table 82. Amphenol Corporation: Net Sales
Table 83. Amphenol Corporation: Key Strategies
Table 84. Heimann: Key Executives
Table 85. Heimann: Company Snapshot
Table 86. Heimann: Operating Segments
Table 87. Heimann: Product Portfolio
Table 88. Heimann: Net Sales
Table 89. Heimann: Key Strategies
Table 90. Honeywell International Inc.: Key Executives
Table 91. Honeywell International Inc.: Company Snapshot
Table 92. Honeywell International Inc.: Operating Segments
Table 93. Honeywell International Inc.: Product Portfolio
Table 94. Honeywell International Inc.: Net Sales
Table 95. Honeywell International Inc.: Key Strategies
Table 96. Sgx Sensor Tech: Key Executives
Table 97. Sgx Sensor Tech: Company Snapshot
Table 98. Sgx Sensor Tech: Operating Segments
Table 99. Sgx Sensor Tech: Product Portfolio
Table 100. Sgx Sensor Tech: Net Sales
Table 101. Sgx Sensor Tech: Key Strategies
Table 102. Dynament: Key Executives
Table 103. Dynament: Company Snapshot
Table 104. Dynament: Operating Segments
Table 105. Dynament: Product Portfolio
Table 106. Dynament: Net Sales
Table 107. Dynament: Key Strategies
Table 108. Figaro Engineering.Inc.: Key Executives
Table 109. Figaro Engineering.Inc.: Company Snapshot
Table 110. Figaro Engineering.Inc.: Operating Segments
Table 111. Figaro Engineering.Inc.: Product Portfolio
Table 112. Figaro Engineering.Inc.: Net Sales
Table 113. Figaro Engineering.Inc.: Key Strategies

List of Figures
Figure 1. Segmentation of Infrared Gas Sensor Market,2021-2031
Figure 2. Infrared Gas Sensor Market,2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Infrared Gas Sensor Market:Drivers, Restraints and Opportunities
Figure 10. Infrared Gas Sensor Market,By Type,2021(%)
Figure 11. Comparative Share Analysis of Fixed Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 12. Comparative Share Analysis of Portable Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 13. Infrared Gas Sensor Market,By Industry Vertical,2021(%)
Figure 14. Comparative Share Analysis of Defense and Military Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 15. Comparative Share Analysis of Healthcare Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 16. Comparative Share Analysis of Consumer Electronics Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 17. Comparative Share Analysis of Automotive Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 18. Comparative Share Analysis of Industrial Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 19. Comparative Share Analysis of Others Infrared Gas Sensor Market, 2021 and 2031(%)
Figure 20. Infrared Gas Sensor Market by Region,2021
Figure 21. U.S. Infrared Gas Sensor Market,2021-2031($Million)
Figure 22. Canada Infrared Gas Sensor Market,2021-2031($Million)
Figure 23. Mexico Infrared Gas Sensor Market,2021-2031($Million)
Figure 24. UK Infrared Gas Sensor Market,2021-2031($Million)
Figure 25. Germany Infrared Gas Sensor Market,2021-2031($Million)
Figure 26. France Infrared Gas Sensor Market,2021-2031($Million)
Figure 27. Rest of Europe Infrared Gas Sensor Market,2021-2031($Million)
Figure 28. China Infrared Gas Sensor Market,2021-2031($Million)
Figure 29. Japan Infrared Gas Sensor Market,2021-2031($Million)
Figure 30. India Infrared Gas Sensor Market,2021-2031($Million)
Figure 31. South Korea Infrared Gas Sensor Market,2021-2031($Million)
Figure 32. Rest of Asia-Pacific Infrared Gas Sensor Market,2021-2031($Million)
Figure 33. Latin America Infrared Gas Sensor Market,2021-2031($Million)
Figure 34. Middle East Infrared Gas Sensor Market,2021-2031($Million)
Figure 35. Africa Infrared Gas Sensor Market,2021-2031($Million)
Figure 36. Top Winning Strategies, by Year
Figure 37. Top Winning Strategies, by Development
Figure 38. Top Winning Strategies, by Company
Figure 39. Product Mapping of Top 10 Players
Figure 40. Competitive Dashboard
Figure 41. Competitive Heatmap of Top 10 Key Players
Figure 42. Top Player Positioning, 2021
Figure 43. Alphasense Inc..: Net Sales ($Million)
Figure 44. Dräger.: Net Sales ($Million)
Figure 45. Senseair.: Net Sales ($Million)
Figure 46. Smartgas.: Net Sales ($Million)
Figure 47. Amphenol Corporation.: Net Sales ($Million)
Figure 48. Heimann.: Net Sales ($Million)
Figure 49. Honeywell International Inc..: Net Sales ($Million)
Figure 50. Sgx Sensor Tech.: Net Sales ($Million)
Figure 51. Dynament.: Net Sales ($Million)
Figure 52. Figaro Engineering.Inc.: Net Sales ($Million)

Executive Summary

According to the report titled, 'Infrared Gas Sensor Market,' the infrared gas sensor market was valued at $198.60 million in 2021, and is estimated to reach $447 million by 2031, growing at a CAGR of 8.7% from 2022 to 2031.The Infrared Gas Sensor Market is likely to experience a significant growth rate of 9.53% from 2022-2031 owing to increasing market demand from industrial sector.

Infrared gas sensors use infrared light to measure the different wavelengths of hazardous gases. The sensor consists of a source of an optical filter and infrared light to select the proper wavelength and an optical infrared receiver.

Key factors propelling the growth of the infrared gas sensor market include the expansion of wireless capabilities and miniaturization, coupled with improved communication capabilities that enable their integration into various devices and machines, without compromising the detection of toxic or flammable gases at safe distances. In addition, the rising adoption of wired gas sensors in industrial applications is another factor responsible for driving the infrared gas sensor market at a significant pace.

The market also offers growth opportunities to the key players in the market. The need for many gas detection devices to monitor and detect different dangerous gases, such as CO2, CO, O2, and CH4 gases, is rising in various industrial, scientific, and medical activities, which is anticipated to propel the market. Due to the widespread use of gas sensors in smart cities for various environmental monitoring applications, such as weather stations and in public places to monitor the quality of the air, small cities and building automation are anticipated to dominate the market over the projection period. Thus, these factors are expected to gain high traction, thereby providing growth opportunities for infrared gas sensor in the coming years.

The infrared gas sensor market analysis is based on type, industry vertical, and region. By type, the market is classified into fixed and portable. By industry vertical, it is classified into defense and military, healthcare, consumer electronics, automotive, industrial and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.

The key players profiled in the study include AlphaSense Inc., Dräger, Dynament, Senseair, SmartGAS, Figaro engineering.inc, Amphenol Corporation, Heimann, Honeywell International Inc. and SGX Sensor tech. The players in the market have been actively engaged in the adoption various Strategies such as acquisition, product launch and expansion to remain competitive and gain advantage over the competitors in the market. For instance, in October 2021, Honeywell launched a new line of open path gas detectors called the Search line Excel Edge and Plus. It detects flammable or harmful gas in an area. The Plus” model is a short and medium-range detector, while the Edge” is the long-range model.

Key Market Insights

By type, the fixed segment was the highest revenue contributor to the market and is expected to follow the same trend during the forecast period. However, the fixed segment is estimated to be the fastest growing segment during the forecast period.

The industrial segment generated the largest share in 2021.

Based on region, Asia-Pacific was the highest revenue contributor, accounting for largest revenue in 2021, and is estimated to reach $239.5 million by 2031, registering a CAGR of 9.53% from 2022 to 2031.

Companies Mentioned

• AlphaSense Inc.
• Dräger
• Senseair
• SmartGAS
• Amphenol Corporation
• Heimann
• Honeywell International Inc.
• SGX Sensor tech
• Dynament
• Figaro engineering.inc

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.