Market Overview:
The global hydrocarbon sensor market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for portable and fixed hydrocarbon sensors across different applications such as petrochemical, food processing, and environmental protection. Additionally, the growing demand for hydrocarbon sensors in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, factors such as high installation cost and lack of awareness about hydrocarbon sensors are restraining the growth of this market.
Product Definition:
A hydrocarbon sensor is a device that detects the presence of hydrocarbons in a gas or liquid. Hydrocarbons are molecules composed only of hydrogen and carbon atoms. They are used as fuels, solvents, and lubricants. Hydrocarbon sensors are important for detecting leaks in fuel lines and other systems where hydrocarbons can be dangerous.
Portable Hydrocarbon Sensor:
Portable hydrocarbon sensors are used to measure the concentration of various hydrocarbons such as carbon monoxide, ethane, propane and methane. These sensors are compact in size and can be easily transported from one place to another. They work on the principle of chemical reactions between sensor element and sample element which is held in a container. The reaction caused is dependent on temperature, pressure & composition of gases being measured.
Fixed Hydrocarbon Sensor:
Fixed hydrocarbon sensors are used to measure the concentration of fixed hydrocarbons in gases or liquids. They are also known as closed-loop systems, since they do not rely on ambient air for sample gas or liquid flow control.
Application Insights:
Petrochemical was the dominant application segment in the global hydrocarbon sensor market and accounted for a revenue share of over 35% in 2017. Petrochemical applications include gasoline, diesel, fuel oil and chemical plants. Sensing technology is used to monitor gas composition along with flow rate from an upstream processing plant or downstream refinery. Flow rates are critical at petrochemical facilities as they directly impact operational efficiency as well as financial performance of companies involved in petrochemicals production or refining activities.
The environmental protection segment is expected to witness significant growth over the forecast period owing to rising awareness among end-users regarding energy consumption coupled with pressure from regulatory bodies such as EPA on manufacturers for reducing carbon emissions across various industries including automotive, power generation.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for HCS from various end-use industries such as environmental protection, food processing, and petrochemical. This growth can be attributed to rising industrialization coupled with government initiatives for energy conservation.
The growing manufacturing sector in emerging economies of Asia Pacific including China and India is anticipated to boost product demand from end-use industries such as chemical, oil & gas, water treatment etc., thereby driving the overall industry growth over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to early adoption of hydrocarbon sensors by major oil & gas companies operating across U.S.
Growth Factors:
- Increasing demand for hydrocarbon sensors in automobiles for emission control
- Rising demand from oil and gas industry for detecting hydrocarbons in pipelines and other applications
- Growing popularity of portable gas detectors with built-in hydrocarbon sensors
- Proliferation of smart cities that are deploying advanced sensing technologies for various purposes, including monitoring air quality
- Advances in sensor technology that are making hydrocarbon sensors smaller, faster, and more sensitive
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrocarbon Sensor Market Research Report
By Type
Portable Hydrocarbon Sensor, Fixed Hydrocarbon Sensor
By Application
Petrochemical, Food Processing, Environmental Protection
By Companies
Weisen Technology, Clairair, Dynament, Nissha Fis Inc, Membrapor, Hanwei Technology, Murco Gas Detection, Nenvitech, Pewatron AG, Honeywell, SGX Sensortech
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Hydrocarbon Sensor Market Report Segments:
The global Hydrocarbon Sensor market is segmented on the basis of:
Types
Portable Hydrocarbon Sensor, Fixed Hydrocarbon Sensor
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
Petrochemical, Food Processing, Environmental Protection
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:
- Weisen Technology
- Clairair
- Dynament
- Nissha Fis Inc
- Membrapor
- Hanwei Technology
- Murco Gas Detection
- Nenvitech
- Pewatron AG
- Honeywell
- SGX Sensortech
Highlights of The Hydrocarbon Sensor 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:
- Portable Hydrocarbon Sensor
- Fixed Hydrocarbon Sensor
- By Application:
- Petrochemical
- Food Processing
- Environmental Protection
- 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 Hydrocarbon Sensor 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A hydrocarbon sensor is a type of sensor that detects the presence of hydrocarbons. Hydrocarbons are molecules composed of hydrogen and carbon atoms.
Some of the major companies in the hydrocarbon sensor market are Weisen Technology, Clairair, Dynament, Nissha Fis Inc, Membrapor, Hanwei Technology, Murco Gas Detection, Nenvitech, Pewatron AG, Honeywell, SGX Sensortech.
The hydrocarbon sensor market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrocarbon Sensor 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 Hydrocarbon Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrocarbon Sensor 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 Hydrocarbon Sensor 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 Hydrocarbon Sensor Market Size & Forecast, 2020-2028
4.5.1 Hydrocarbon Sensor Market Size and Y-o-Y Growth
4.5.2 Hydrocarbon Sensor 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 Portable Hydrocarbon Sensor
5.2.2 Fixed Hydrocarbon Sensor
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 Petrochemical
6.2.2 Food Processing
6.2.3 Environmental Protection
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrocarbon Sensor 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 Hydrocarbon Sensor 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 Portable Hydrocarbon Sensor
9.6.2 Fixed Hydrocarbon Sensor
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 Petrochemical
9.10.2 Food Processing
9.10.3 Environmental Protection
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 Portable Hydrocarbon Sensor
10.6.2 Fixed Hydrocarbon Sensor
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 Petrochemical
10.10.2 Food Processing
10.10.3 Environmental Protection
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 Portable Hydrocarbon Sensor
11.6.2 Fixed Hydrocarbon Sensor
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 Petrochemical
11.10.2 Food Processing
11.10.3 Environmental Protection
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 Portable Hydrocarbon Sensor
12.6.2 Fixed Hydrocarbon Sensor
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 Petrochemical
12.10.2 Food Processing
12.10.3 Environmental Protection
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 Portable Hydrocarbon Sensor
13.6.2 Fixed Hydrocarbon Sensor
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 Petrochemical
13.10.2 Food Processing
13.10.3 Environmental Protection
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 Hydrocarbon Sensor Market: Competitive Dashboard
14.2 Global Hydrocarbon Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Weisen Technology
14.3.2 Clairair
14.3.3 Dynament
14.3.4 Nissha Fis Inc
14.3.5 Membrapor
14.3.6 Hanwei Technology
14.3.7 Murco Gas Detection
14.3.8 Nenvitech
14.3.9 Pewatron AG
14.3.10 Honeywell
14.3.11 SGX Sensortech
