VOC Sensors and Monitors Market 2023 Trend, Size and Growth Analysis Report

The “VOC Sensors and Monitors Market by Device Type (Sensors and Monitors), Application (Industrial Process Monitoring, Environmental Monitoring, Air Purification & Monitoring, and Leak Detection), and Geography – Global Forecast to 2023” report presents an in-depth assessment of the VOC Sensors and Monitors including enabling technologies, key trends, market drivers, challenges, deployment case studies, standardization, opportunities, future roadmap, value chain, Top key player profiles and strategies. The report also presents market size forecasts from 2018 till 2023.

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The VOC Sensors and Monitors Market is expected to grow at a CAGR of 4.6% from 2018 to 2023, to reach US$ 176 Million by 2023 from US$ 140 Million in 2018. Increasing enforcement of occupational health and safety regulations by governments is among the prime factors driving the VOC sensors and monitors market. Besides these, growing awareness regarding controlled air quality, and rising demand for VOC sensors and monitors from developing countries are other major factors fueling the growth of the said market.

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The VOC Sensors and Monitors Market, by device type, is segmented into monitors and sensors. The market for VOC sensors is expected to witness higher growth during the forecast period. The high growth of this segment can be attributed to the increasing applications of VOC sensors in IoT and in other consumer electronics. Consumer electronics is a rapidly changing and dynamic industry with increasing competition among the market players.

North America is expected to dominate the VOC Sensors and Monitors Market during the forecast period. It is a developed region having extensive infrastructure, especially in the form of underground transportation and commercial buildings. North America is the second-largest producer of natural gas. The region is also important for the mining and chemicals industry wherein the VOC sensors and monitors are used for emission control as well as toxic and hazardous gas detection and monitoring, as a safety measure to avoid hazardous events.

The Study Objectives of this report are:

• To forecast the market size, in terms of value, for various segments based on main regions— North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To define, describe, and forecast the VOC sensors and monitors market, in terms of value, segmented on the basis of device type, application, and geography
• To provide detailed information regarding drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the VOC sensors and monitors market
• To provide a detailed overview of the value chain in the VOC sensors and monitors market
• To strategically profile the key players and comprehensively analyze their respective market positions in terms of ranking and core competencies
• To analyze growth strategies such as collaborations, mergers and acquisitions, product launches and developments, and research and development (R&D) in the VOC sensors and monitors industry

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Top Key Players in the “VOC Sensors and Monitors Market” include are

• FIGARO (Japan)
• ams AG (Austria)
• Alphasense (UK)
• Drägerwerk (Germany)
• Honeywell (US)
• Aeroqual (New Zealand)
• Siemens (Germany)
• Extech (US)
• Global Detection Systems (US)
• USHIO (Japan)
• Spectrex (US)
• Compur Monitors (Germany)
• Riken KEIKI (Japan)
• GfG Instrumentation (US)