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Major factor driving growth of the global gas sensors market is increasing demand from various sectors such as petrochemical, oil and gas, etc. In addition, rapid urbanization and demand from household sector to avoid accidents from LPG is expected to support growth of the global gas sensors market.

Global gas sensors market is segmented on the basis of product, technology, end-use industry, and region.

On the basis of product, the global gas sensors market is segmented into oxygen/lambda sensors, carbon dioxide sensors, carbon monoxide sensors, NOx sensors, and others. The NOx sensors segment is estimated to dominate the global gas sensors market. The carbon dioxide sensors segment is projected to register highest CAGR over the forecast period.

On the basis of technology, the global gas sensors market is segmented into electrochemical, semiconductor, solid state/MOS, PID, catalytic, infrared (IR), and others. The electrochemical segment is estimated to dominate the global gas sensors market. The infrared (IR) segment is projected to register highest CAGR over the forecast period.

On the basis of region, the global gas sensors market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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The market in North America is expected to account for largest share in the global market in terms of revenue, owing to rapid urbanization and increasing demand from petrochemical sector. The market in Europe is expected to account for second-largest revenue share in the global market. The market in Asia Pacific is projected to register highest CAGR in terms of revenue over the forecast period, owing to increasing government initiatives towards smart cities, increasing demand from household sector in emerging economies in this region.

Key players operating in the global sensors market include AlphaSense, Inc., City Technology Ltd., Dynament Ltd., FIGARO Engineering Inc., Membrapor AG, Nemoto & Co., Ltd., Robert Bosch LLC., ABB Ltd., Siemens AG, and GfG Europe Ltd.

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