Market Overview
Hydrogen Gas Sensor Market is presently valued at USD 685 million and is anticipated to amplify at a CAGR of 6.2%, thereby amassing a valuation of USD 1,250 million by end of the assessment timeline.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 685 Million |
Market Forecast in 2033 | USD 1,250 Million |
CAGR % 2023-2033 | 6.2% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Type, Portability, Maximum Measurement Range, End Use |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | NTM Sensors, Honeywell International, SGX Sensortech, MSA Safety Inc., SemeaTech, OthersNissha FIS, Inc., City Technology Ltd., MEMBRAPOR AG, Figaro Engineering Inc., Aeroqual, Makel Engineering, Nexceris, Siemens AG, Toshiba, Suzhou Huiwen Nano Technology, Prosense Technology, and Zhengzhou Winsen Electronics Technology Co., Ltd. |
The hydrogen gas sensor is referred to as a type of equipment that is predominantly used to determine the presence of hydrogen concentrations in the air.
These machines are affordable, durable, compact, and easy to maintain in nature. Hydrogen gas sensors are made of micro-fabricated point-contact sensors which are equipped with the ability to measure a minute temperature change based on exothermic reactions. The increasing demand for the constant monitoring of hydrogen gas emissions in manufacturing units is primarily augmenting the market progression.
Additionally, growing production of fuel cell electric vehicles, the booming chemical industry, and widespread industrialization are adding momentum to the expansion of this business sphere. Alongside, surge in the number of green hydrogen projects to comply with the stringent environmental protection regulations is creating an upward trend for the marketplace.
Further, rising research & development investments in the field along with the integration of advanced technologies in gas sensors are stimulating the overall industry outlook. On the contrary, the availability of counterfeit products coupled with the dearth of skilled professionals in the field are hindering the remuneration scope of this market.
HVAC systems are installed in indoor spaces to purify air and remove pollutants through efficient pressurization and ventilation. Therefore, gas sensors are predominantly used in these systems for the easy detection of toxic substances and hydrogen gas in the environment. This in turn is creating lucrative growth opportunities for the industry.
There has been a widespread integration of innovative technologies in gas sensors. The IoT technology is being predominantly used in the field to connect gas sensors, electronic software, and actuators to a common network. This technology enhances the operational efficiency of hydrogen gas sensors which in turn is adding traction to the market development.
Type Insights
The Electrochemical-based Hydrogen Sensors segment is slated to amass notable gains over the stipulated timeline.
Portability Insights
The Portable Segment Is Expected To Amass Notable Gains By 2033 Attributing To Their Ease Of Use And Widespread Availability.
Maximum Measurement Range Insights
Hydrogen Sensors <2,000 ppm Segment Is Expected To Amass Notable Gains By 2033
End Use Insights
The residential sector is slated to garner significant returns over the stipulated timeline owing to the widespread adoption of HVAC systems across residential complexes.
Regional Insights
North America, Middle East & Africa, Europe, Asia Pacific, and Latin America are the major regions defining the geographical ambit of this industry vertical. Among these, North America is projected to capture a substantial revenue share over 2022-2030. This is attributable to the high rate of hydrogen production, prompt industrialization, stringent emission regulations along with the booming chemical industry.
Competitive Analysis
The prominent players operating in the marketplace are NTM Sensors, Honeywell International, SGX Sensortech, MSA Safety Inc., SemeaTech, OthersNissha FIS, Inc., City Technology Ltd., MEMBRAPOR AG, Figaro Engineering Inc., Aeroqual, Makel Engineering, Nexceris, Siemens AG, Toshiba, Suzhou Huiwen Nano Technology, Prosense Technology, and Zhengzhou Winsen Electronics Technology Co., Ltd. Notably, City Technology has recently announced the launch of its updated hydrogen gas sensor range powered with higher operational flexibility.
Hydrogen Gas Sensor Market - Segmental Analysis
By Type:
• Electrochemical-based Hydrogen Sensors
• Metal-Oxide Semiconductors-based Hydrogen Sensors
• Thermal Conductivity-based Hydrogen Sensors
• Catalytic Hydrogen Sensors
• MEMS Hydrogen Sensors
• Others
By Portability:
• Fixed
• Portable
By Maximum Measurement Range:
• Hydrogen Sensors <2,000 ppm
• Hydrogen Sensors <5,000 ppm
• Hydrogen Sensors <10,000 ppm
• Hydrogen Sensors <20,000 ppm
• Hydrogen Sensors above 20,000 ppm
By End Use:
• Commercial sector
• Industrial sector
o Oil & Gas
o Chemical
o Food & Beverages
o Healthcare
o Aerospace and Defence
o Power & Energy
o Others
• Residential Sector
1. Global Hydrogen Gas Sensor Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Global Hydrogen Gas Sensor Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million) & Volume (Units)
1.4. Global Hydrogen Gas Sensor Market Scope and Market Estimation
1.4.1. Global Hydrogen Gas Sensor Overall Market Size (US$ Million) & (Units), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Hydrogen Gas Sensor Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Global Hydrogen Gas Sensor Market Segmentation
1.5.1. Type of Global Hydrogen Gas Sensor Market
1.5.2. Portability of Global Hydrogen Gas Sensor Market
1.5.3. Maximum Measurement Range of Global Hydrogen Gas Sensor Market
1.5.4. End Use Material of Global Hydrogen Gas Sensor Market
1.5.5. Key Regions of Global Hydrogen Gas Sensor Market
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2. Global Hydrogen Gas Sensor Market - Executive Summary
2.1. Global Hydrogen Gas Sensor Market – Summary & Snapshot
2.2. Global Hydrogen Gas Sensor Market, By Type (US$ Million) & (Units)
2.3. Global Hydrogen Gas Sensor Market, By Portability (US$ Million) & (Units)
2.4. Global Hydrogen Gas Sensor Market, By Maximum Measurement Range (US$ Million) & (Units)
2.5. Global Hydrogen Gas Sensor Market, By End Use (US$ Million) & (Units)
2.6. Global Hydrogen Gas Sensor Market, By Geography (US$ Million) & (Units)
2.7. Global Hydrogen Gas Sensor Market Outlook & Future Opportunities
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3. Global Hydrogen Gas Sensor Market Trends, Outlook, and Factors Analysis
3.1. Global Hydrogen Gas Sensor Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Hydrogen Gas Sensor Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. The rising application of hydrogen gas sensor will drive the market.
3.2.2. Restraints
3.2.2.1. The high cost of hydrogen gas sensor will hinder the growth.
3.2.3. Opportunities
3.2.3.1. The continuously growing application of hydrogen gas sensor in varied segments.
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Hydrogen Gas Sensor Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Hydrogen Gas Sensor Market
3.9.1. By Type
3.9.2. By Portability
3.9.3. By Maximum Measurement Range
3.9.4. By End Use
3.9.5. By Regions
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4. Global Hydrogen Gas Sensor Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Hydrogen Gas Sensor Market, 2020 – 2021 (US$ Million) & (Units)
4.2. Global Hydrogen Gas Sensor Market, By Type, 2020 to 2021 (US$ Million) & (Units)
4.3. Global Hydrogen Gas Sensor Market, By Portability, 2020 to 2021 (US$ Million) & (Units)
4.4. Global Hydrogen Gas Sensor Market, By Maximum Measurement Range, 2020 to 2021 (US$ Million) & (Units)
4.5. Global Hydrogen Gas Sensor Market, By End User, 2020 to 2021 (US$ Million) & (Units)
4.6. Global Hydrogen Gas Sensor Market, By Region, 2020 to 2021 (US$ Million) & (Units)
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5. Global Hydrogen Gas Sensor Market Estimates & Forecast Trend Analysis, by Type
5.1. Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, by Type, 2022 & 2033
5.2. Global Hydrogen Gas Sensor Market Size (US$ Million) & (Units) Estimates and Forecasts, by Type, 2022 to 2033
5.2.1. Electrochemical-based Hydrogen Sensors
5.2.2. Metal-Oxide Semiconductors-based Hydrogen Sensors
5.2.3. Thermal Conductivity-based Hydrogen Sensors
5.2.4. Catalytic Hydrogen Sensors
5.2.5. MEMS Hydrogen Sensors
5.2.6. Others
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6. Global Hydrogen Gas Sensor Market Estimates & Forecast Trend Analysis, by Portability
6.1. Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, by Portability, 2022 & 2033
6.2. Global Hydrogen Gas Sensor Market Size (US$ Million) & (Units) Estimates and Forecasts, by Portability, 2022 to 2033
6.2.1. Fixed
6.2.2. Portable
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7. Global Hydrogen Gas Sensor Market Estimates & Forecast Trend Analysis, by Maximum Measurement Range
7.1. Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, by Maximum Measurement Range, 2022 & 2033
7.2. Global Hydrogen Gas Sensor Market (US$ Million) & (Units) Estimates and Forecasts, by Maximum Measurement Range, 2022 to 2033
7.2.1. Hydrogen Sensors <2,000 ppm
7.2.2. Hydrogen Sensors <5,000 ppm
7.2.3. Hydrogen Sensors <10,000 ppm
7.2.4. Hydrogen Sensors <20,000 ppm
7.2.5. Hydrogen Sensors above 20,000 ppm
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8. Global Hydrogen Gas Sensor Market Estimates & Forecast Trend Analysis, by End Use
8.1. Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, by End Use, 2022 & 2033
8.2. Global Hydrogen Gas Sensor Market (US$ Million) & (Units) Estimates and Forecasts, by End Use, 2022 to 2033
8.2.1. Commercial sector
8.2.2. Industrial sector
8.2.2.1. Oil & Gas
8.2.2.2. Chemical
8.2.2.3. Food & Beverages
8.2.2.4. Healthcare
8.2.2.5. Aerospace and Defense
8.2.2.6. Power & Energy
8.2.2.7. Others
8.2.3. Residential Sector
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9. Global Hydrogen Gas Sensor Market Analysis and Forecast, by Region
9.1. Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
9.2. Global Hydrogen Gas Sensor Market (US$ Million) & (Units) Estimates and Forecasts, by Region, 2022 to 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
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10. North America Hydrogen Gas Sensor Market: Estimates & Forecast Trend Analysis
10.1. North America Global Hydrogen Gas Sensor Market Assessments & Key Findings
10.2. North America Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Global Hydrogen Gas Sensor Market Size Estimates and Forecast (US$ Million) & (Units) (2022 to 2033)
10.3.1. By Type
10.3.2. By Portability
10.3.3. By Maximum Measurement Range
10.3.4. By End Use
10.3.5. By Major Country
10.3.5.1. The U.S.
10.3.5.2. Canada
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11. Europe Hydrogen Gas Sensor Market: Estimates & Forecast Trend Analysis
11.1. Europe Global Hydrogen Gas Sensor Market Assessments & Key Findings
11.2. Europe Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Global Hydrogen Gas Sensor Market Size Estimates and Forecast (US$ Million) & (Units) (2022 to 2033)
11.3.1. By Type
11.3.2. By Portability
11.3.3. By Maximum Measurement Range
11.3.4. By End Use
11.3.5. By Major Country
11.3.5.1. Germany
11.3.5.2. The U.K.
11.3.5.3. France
11.3.5.4. Italy
11.3.5.5. Spain
11.3.5.6. Rest of Europe (includes all other European countries)
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12. Asia Pacific Hydrogen Gas Sensor Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Global Hydrogen Gas Sensor Market Assessments & Key Findings
12.2. Asia Pacific Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Global Hydrogen Gas Sensor Market Size Estimates and Forecast (US$ Million) & (Units) (2022 to 2033)
12.3.1. By Type
12.3.2. By Portability
12.3.3. By Maximum Measurement Range
12.3.4. By End Use
12.3.5. By Major Country
12.3.5.1. China
12.3.5.2. Japan
12.3.5.3. India
12.3.5.4. ASEAN
12.3.5.5. South Korea
12.3.5.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
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13. Middle East & Africa Hydrogen Gas Sensor Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Global Hydrogen Gas Sensor Market Assessments & Key Findings
13.2. Middle East & Africa Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Global Hydrogen Gas Sensor Market Size Estimates and Forecast (US$ Million) & (Units) (2022 to 2033)
13.3.1. By Type
13.3.2. By Portability
13.3.3. By Maximum Measurement Range
13.3.4. By End Use
13.3.5. By Major Country
13.3.5.1. GCC
13.3.5.2. South Africa
13.3.5.3. Egypt
13.3.5.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
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14. Latin America Hydrogen Gas Sensor Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Global Hydrogen Gas Sensor Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Global Hydrogen Gas Sensor Market Size Estimates and Forecast (US$ Million) & (Units) (2022 to 2033)
14.3.1. By Type
14.3.2. By Portability
14.3.3. By Maximum Measurement Range
14.3.4. By End Use
14.3.5. By Major Country
14.3.5.1. Brazil
14.3.5.2. Mexico
14.3.5.3. Rest of Latin America (includes all other Latin America countries)
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15. Competitive Landscape
15.1. Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Market Competition Matrix, by Leading Players
15.3. List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
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16. Company Profiles
16.1. Zhengzhou Winsen Electronics Technology Co., Ltd.
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Type / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. NTM Sensors
16.3. Honeywell International
16.4. SGX Sensortech
16.5. MSA Safety Inc.
16.6. SemeaTech
16.7. OthersNissha FIS, Inc.
16.8. City Technology Ltd.
16.9. MEMBRAPOR AG
16.10. Figaro Engineering Inc.
16.11. Aeroqual
16.12. Makel Engineering
16.13. Nexceris
16.14. Siemens AG
16.15. Toshiba
16.16. Suzhou Huiwen Nano Technology
16.17. Prosense Technology
16.18. Others
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17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Sources
17.13. Assumptions
17.14. Limitations
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18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts
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