Market Overview:
The global hazardous area sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for hazardous area sensors in various applications such as oil & gas, mining & metal, grain storage, healthcare, chemical and pharmaceutical industries. In addition, the growing awareness about safety and security among consumers is also propelling the growth of this market. On the basis of type, gas sensing accounted for a major share of the global hazardous area sensors market in 2017. This segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. Gas sensing devices are used for detecting various gases such as combustible gases and flammable gases in an environment. These devices are widely used in various industrial applications where there is a potential risk for an explosion or fire due to presence of these gases.
Product Definition:
Hazardous area sensors are devices used to detect and monitor hazardous materials, gases, or vapors in an area. They are important because they can help protect workers and the environment from the dangers of these materials.
Gas Sensing:
Gas sensing is a technology used in hazardous area sensors to detect the presence of combustible gases. It is an advanced sensor technology that helps avoid accidents and mishaps in industries such as oil & gas, power generation, petrochemical, construction and others. The growth factor for this market includes increasing demand from end-use industries along with growing awareness regarding safety & security among consumers.
Pressure Sensing:
Pressure sensing is a technology used to measure the pressure in hazardous areas. It uses an array of sensors and electronic devices to detect changes in pressure. The technology can be used for various applications such as leak detection, vacuum pumps testing, and fuel cells monitoring among others.
The global market size was valued at USD l4 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The power application segment led the global hazardous area sensors market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electricity generation from renewable sources such as wind energy. Furthermore, technological advancements in gas-based plants are expected to drive their demand over the coming years.
Growing investments in research & development activities pertaining to advanced technologies for oil & gas production are anticipated to augment product demand during the forecast period. In addition, favorable government regulations regarding storage and transportation of crude oil will boost industry growth further on account of improved safety standards across various industries globally during future years according these studies ¢â‚¬Å“2050 Vision Oil & Gas Report¢â‚¬ published by IEA (International Energy Agency).
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest growth over the forecast period owing to increasing demand for hazardous area sensors from end-user industries such as power, oil & gas, mining & metal, healthcare and others. The growing requirement of industrial facilities including hospitals and educational institutions in emerging economies such as China and India is expected to positively impact the market growth. Furthermore, factors such as rapid urbanization along with rising disposable income levels are likely to contribute towards increased energy consumption in these regions which will drive product demand further.
In addition, favorable government regulations pertaining toward implementation of advanced technologies for safety purposes are projected to fuel regional growth over the next eight years.
Growth Factors:
- Increasing demand for hazardous area sensors in oil and gas industry
- Rising awareness about safety and security among industrial workers
- Growing demand for advanced sensors in manufacturing sector
- Proliferation of Internet of Things (IoT) across various industries
- Increasing investment in research and development activities to develop new-generation hazardous area sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Hazardous Area Sensors Market Research Report
By Type
Gas Sensing, Pressure Sensing, Current Sensing, Voltage Sensing, Temperature Sensors
By Application
Power, Oil & Gas, Mining & Metal, Grain Storage, Healthcare, Chemical, Pharmaceutical, Waste & Sewage Management, Fertilizer, Others
By Companies
Yokogawa Electric, Siemens, SICK, Endress+Hauser, ABB, Mettler-Toledo, Neo Monitors, Honeywell, Servomex, Eaton, Yokogawa Electric, Wilcoxon Sensing Technologies, Connection Technology Center, HSI SENSING, ESI Technology, EX Engineering, Pyrosales, Automation Products Group, Deeter Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
161
Number of Tables & Figures
113
Customization Available
Yes, the report can be customized as per your need.
Global Hazardous Area Sensors Market Report Segments:
The global Hazardous Area Sensors market is segmented on the basis of:
Types
Gas Sensing, Pressure Sensing, Current Sensing, Voltage Sensing, Temperature Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power, Oil & Gas, Mining & Metal, Grain Storage, Healthcare, Chemical, Pharmaceutical, Waste & Sewage Management, Fertilizer, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yokogawa Electric
- Siemens
- SICK
- Endress+Hauser
- ABB
- Mettler-Toledo
- Neo Monitors
- Honeywell
- Servomex
- Eaton
- Yokogawa Electric
- Wilcoxon Sensing Technologies
- Connection Technology Center
- HSI SENSING
- ESI Technology
- EX Engineering
- Pyrosales
- Automation Products Group
- Deeter Electronics
Highlights of The Hazardous Area Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gas Sensing
- Pressure Sensing
- Current Sensing
- Voltage Sensing
- Temperature Sensors
- By Application:
- Power
- Oil & Gas
- Mining & Metal
- Grain Storage
- Healthcare
- Chemical
- Pharmaceutical
- Waste & Sewage Management
- Fertilizer
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hazardous Area Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hazardous Area Sensors (HAS) are a type of sensor that can be used to detect hazardous areas in an industrial or commercial setting. HASs can be used to identify potential safety hazards, such as flammable materials, and warn operators of the danger before it becomes an issue.
Some of the major players in the hazardous area sensors market are Yokogawa Electric, Siemens, SICK, Endress+Hauser, ABB, Mettler-Toledo, Neo Monitors, Honeywell, Servomex, Eaton, Yokogawa Electric, Wilcoxon Sensing Technologies, Connection Technology Center, HSI SENSING, ESI Technology, EX Engineering, Pyrosales, Automation Products Group, Deeter Electronics.
The hazardous area sensors market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hazardous Area Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hazardous Area Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hazardous Area Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hazardous Area Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hazardous Area Sensors Market Size & Forecast, 2020-2028
4.5.1 Hazardous Area Sensors Market Size and Y-o-Y Growth
4.5.2 Hazardous Area Sensors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gas Sensing
5.2.2 Pressure Sensing
5.2.3 Current Sensing
5.2.4 Voltage Sensing
5.2.5 Temperature Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power
6.2.2 Oil & Gas
6.2.3 Mining & Metal
6.2.4 Grain Storage
6.2.5 Healthcare
6.2.6 Chemical
6.2.7 Pharmaceutical
6.2.8 Waste & Sewage Management
6.2.9 Fertilizer
6.2.10 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hazardous Area Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hazardous Area Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gas Sensing
9.6.2 Pressure Sensing
9.6.3 Current Sensing
9.6.4 Voltage Sensing
9.6.5 Temperature Sensors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power
9.10.2 Oil & Gas
9.10.3 Mining & Metal
9.10.4 Grain Storage
9.10.5 Healthcare
9.10.6 Chemical
9.10.7 Pharmaceutical
9.10.8 Waste & Sewage Management
9.10.9 Fertilizer
9.10.10 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gas Sensing
10.6.2 Pressure Sensing
10.6.3 Current Sensing
10.6.4 Voltage Sensing
10.6.5 Temperature Sensors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power
10.10.2 Oil & Gas
10.10.3 Mining & Metal
10.10.4 Grain Storage
10.10.5 Healthcare
10.10.6 Chemical
10.10.7 Pharmaceutical
10.10.8 Waste & Sewage Management
10.10.9 Fertilizer
10.10.10 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gas Sensing
11.6.2 Pressure Sensing
11.6.3 Current Sensing
11.6.4 Voltage Sensing
11.6.5 Temperature Sensors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power
11.10.2 Oil & Gas
11.10.3 Mining & Metal
11.10.4 Grain Storage
11.10.5 Healthcare
11.10.6 Chemical
11.10.7 Pharmaceutical
11.10.8 Waste & Sewage Management
11.10.9 Fertilizer
11.10.10 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gas Sensing
12.6.2 Pressure Sensing
12.6.3 Current Sensing
12.6.4 Voltage Sensing
12.6.5 Temperature Sensors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power
12.10.2 Oil & Gas
12.10.3 Mining & Metal
12.10.4 Grain Storage
12.10.5 Healthcare
12.10.6 Chemical
12.10.7 Pharmaceutical
12.10.8 Waste & Sewage Management
12.10.9 Fertilizer
12.10.10 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gas Sensing
13.6.2 Pressure Sensing
13.6.3 Current Sensing
13.6.4 Voltage Sensing
13.6.5 Temperature Sensors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power
13.10.2 Oil & Gas
13.10.3 Mining & Metal
13.10.4 Grain Storage
13.10.5 Healthcare
13.10.6 Chemical
13.10.7 Pharmaceutical
13.10.8 Waste & Sewage Management
13.10.9 Fertilizer
13.10.10 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hazardous Area Sensors Market: Competitive Dashboard
14.2 Global Hazardous Area Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yokogawa Electric
14.3.2 Siemens
14.3.3 SICK
14.3.4 Endress+Hauser
14.3.5 ABB
14.3.6 Mettler-Toledo
14.3.7 Neo Monitors
14.3.8 Honeywell
14.3.9 Servomex
14.3.10 Eaton
14.3.11 Yokogawa Electric
14.3.12 Wilcoxon Sensing Technologies
14.3.13 Connection Technology Center
14.3.14 HSI SENSING
14.3.15 ESI Technology
14.3.16 EX Engineering
14.3.17 Pyrosales
14.3.18 Automation Products Group
14.3.19 Deeter Electronics
