Market Overview:
The global VOC sensor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for VOC sensors from residential, electronic product, construction site, and other applications. Additionally, the growing awareness about air quality and its impact on human health is also driving the demand for VOC sensors globally. The semiconductor type segment is expected to hold the largest share of the global VOC sensor market in 2018 owing to its high accuracy and sensitivity levels.
Product Definition:
A VOC sensor is a device used to measure the concentration of volatile organic compounds (VOCs) in the air. VOCs are chemicals that vaporize easily at room temperature, and many are harmful to human health. The concentration of VOCs in the air can be used as an indicator of indoor air quality.
Semiconductor:
Semiconductor is an electronic component that acts as a switch and can be either positively or negatively charged. It has been used in almost all modern technologies including telecommunication, computers, and consumer electronics. The semiconductor market is expected to grow at a significant rate owing to the increasing demand for integrated circuits (IC) in various electronic devices such as mobile phones & tablets PCs, laptops etc.
PID Sensor:
The purpose of the sensor is to monitor and detect changes in the environment around it. It is used for detecting various gases or liquids such as ammonia, water, carbon dioxide, sulfur dioxide or temperature change in a process. The most commonly used sensors are thermocouples and photoelectric cells because they are easy to use and cost effective.
Application Insights:
Electronic product was the dominant application segment and accounted for over 40% of the global market share in terms of revenue in 2017. Electronic products such as refrigerators, microwave ovens, personal computers and cellular phones are expected to be increasingly impacted by VOC emissions. Rising environmental concerns regarding electronic product manufacturing are anticipated to drive demand for VOC sensors over the forecast period.
The residential sector is projected to witness significant growth on account of increasing consumer awareness regarding environment protection measures taken up by government agencies across various countries including U.S., China, India and Brazil among others. Moreover, stringent regulations adopted by these agencies pertaining to residential construction activities are further estimated to impact demand positively over the forecast period thereby driving overall market growth globally during this timeframe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to stringent regulations that are imposed on manufacturers in this region, which compel them to use environment-friendly products for manufacturing processes and products.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing demand from end-use industries such as electronics, automotive, and construction for producing VOC sensors with high accuracy and precision at a low cost.
Growth Factors:
- Increasing demand for air quality monitoring in various industries
- Rising awareness about the health hazards caused by VOCs
- Growing adoption of VOC sensors in smart buildings and homes
- Proliferation of Internet of Things (IoT) and connected devices
- Technological advancements in VOC sensor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
VOC Sensor Market Research Report
By Type
Semiconductor, PID Sensor, Other
By Application
Residential, Electronic product, Construction Site, Other
By Companies
Alphasense, Ams AG, Belimo, Bosch Sensortec, EC Sense GmbH, Figaro, Renesas, Sensirion, Thermokon, UST Umweltsensortechnik GmbH, Mysentech, Szhaiwang, Idmsensor, Winsensor
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global VOC Sensor Market Report Segments:
The global VOC Sensor market is segmented on the basis of:
Types
Semiconductor, PID Sensor, Other
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
Residential, Electronic product, Construction Site, Other
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:
- Alphasense
- Ams AG
- Belimo
- Bosch Sensortec
- EC Sense GmbH
- Figaro
- Renesas
- Sensirion
- Thermokon
- UST Umweltsensortechnik GmbH
- Mysentech
- Szhaiwang
- Idmsensor
- Winsensor
Highlights of The VOC 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:
- Semiconductor
- PID Sensor
- Other
- By Application:
- Residential
- Electronic product
- Construction Site
- Other
- 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 VOC 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
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- Product & Brand Management
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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?
A VOC sensor is a device that can detect the presence of volatile organic compounds (VOCs). These gases are often emitted from materials such as paint, solvents, and other products.
Some of the major players in the voc sensor market are Alphasense, Ams AG, Belimo, Bosch Sensortec, EC Sense GmbH, Figaro, Renesas, Sensirion, Thermokon, UST Umweltsensortechnik GmbH, Mysentech, Szhaiwang, Idmsensor, Winsensor.
The voc sensor 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 VOC 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 VOC Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 VOC 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 VOC 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 VOC Sensor Market Size & Forecast, 2020-2028
4.5.1 VOC Sensor Market Size and Y-o-Y Growth
4.5.2 VOC 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 Semiconductor
5.2.2 PID Sensor
5.2.3 Other
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 Residential
6.2.2 Electronic product
6.2.3 Construction Site
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global VOC 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 VOC 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 Semiconductor
9.6.2 PID Sensor
9.6.3 Other
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 Residential
9.10.2 Electronic product
9.10.3 Construction Site
9.10.4 Other
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 Semiconductor
10.6.2 PID Sensor
10.6.3 Other
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 Residential
10.10.2 Electronic product
10.10.3 Construction Site
10.10.4 Other
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 Semiconductor
11.6.2 PID Sensor
11.6.3 Other
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 Residential
11.10.2 Electronic product
11.10.3 Construction Site
11.10.4 Other
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 Semiconductor
12.6.2 PID Sensor
12.6.3 Other
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 Residential
12.10.2 Electronic product
12.10.3 Construction Site
12.10.4 Other
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 Semiconductor
13.6.2 PID Sensor
13.6.3 Other
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 Residential
13.10.2 Electronic product
13.10.3 Construction Site
13.10.4 Other
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 VOC Sensor Market: Competitive Dashboard
14.2 Global VOC Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alphasense
14.3.2 Ams AG
14.3.3 Belimo
14.3.4 Bosch Sensortec
14.3.5 EC Sense GmbH
14.3.6 Figaro
14.3.7 Renesas
14.3.8 Sensirion
14.3.9 Thermokon
14.3.10 UST Umweltsensortechnik GmbH
14.3.11 Mysentech
14.3.12 Szhaiwang
14.3.13 Idmsensor
14.3.14 Winsensor
