The future of the global VOC sensor and monitors market looks promising with opportunities in industrial process monitoring, environmental monitoring, air purification & monitoring, and leak detection applications. The global VOC sensor and monitors market is expected grow with a CAGR of 4%-6% from 2020 to 2025. The major growth drivers for this market are rising demand for VOC sensor and monitors from developing countries and strong demand in the automation industry.
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The study includes trends and forecast for the global VOC sensor and monitors market by device type, applications, end use industry, and region as follows:
By Device Type [$M shipment analysis for 2014 – 2025]:
- Sensor
- Monitors
By Application [$M shipment analysis for 2014 – 2025]:
- Environmental Monitoring
- Industrial Process Monitoring
- Air Purification & monitoring
- Leak Detection
- Others
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Oil & Gas
- Transportation
- Electronics
- Printing
- Others
By Region [$M shipment analysis for 2014 – 2025]:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of the World
Aeroqual, Alphasense, AMS AG, Dragerwerk AG, Extech Instruments, and FIGARO Engineering Inc. are among the major manufacturers of the global VOC sensor and monitors market.
In this market, sensor and monitors are the major device types. Lucintel forecasts that monitors will remain the largest device type segment over the forecast period due to increasing implementation of rules and regulations by government bodies to ensure occupational health and safety of employees.
Within this market, air purification and monitoring will remain the largest application segment over the forecast period because air pollution is becoming one of the most influential environmental risk factors in urban areas.
North America will remain the largest region over the forecast period, as a large number of manufacturers are investing in R&D to develop advanced products integrated with the gas sensing technology.