VOC Sensors and Monitors Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

VOC Sensors and Monitors Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
Global VOC sensors and monitors market to value over US$ 185 Million by 2026 end
and register a CAGR of over 4.5% from 2019 to 2026.
VOC sensors are used to detect Volatile Organic Compounds (VOC). These are gas
sensors that detect VOC in their gaseous forms. Some VOCs are termed hazardous
and can pollute the environment.
Based on device type, the market is segmented into monitors and sensors. VOC
sensors are forecasted to drive the market in the coming years. Owing to the high
integration of VOC sensors in IoT application and consumer electronics. VOC
monitors help monitor toxic gases and hazardous emissions.
Stringent regulations imposed by the government towards the safety of the
environment have spurred the demand for VOC monitors. Since some of the VOC are
harmful to humans, raising awareness to control the quality of air is stimulating the
growth of the market. Growing air pollution will result in the rapid demand for air
purification which will accelerate the growth of the market in the coming time. VOC
sensors and monitors can detect toxic gas and monitor hazardous emissions; it
remains a key factor to fuel the growth of the market in the coming years.
However, technical issues related to the consumption of energy are likely to hinder
the growth of the market.
Based on application, the market is segmented into air purification & monitoring,
leak detection, industrial process monitoring, and environmental monitoring. The air
purification & monitoring market is expected to propel the growth of the market in
the coming years. Government’s policy towards environment safety is likely to boost
the growth of environmental monitoring as well.
North America accounts for the largest share of the market. North America is the
leading producer of VOC sensors and monitors market. It remains a lucrative region
for the manufacturers in the coming years. The rising demand for VOC sensors in
transportation and underground infrastructure are the factors encouraging the
robust growth of the market in this region. Europe follows next after North America
and is home to some of the prominent players in the market. Asia-Pacific region is
also witnessed to see the growth of the market as developing economies like India
and Japan are opting for VOC sensors and monitors to curb air pollution.
Prominent players of the market include Alphasense, FIGARO Engineering INC.,
Siemens AG, Extech, Drägerwerk and Global Detection Systems.
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VOC Sensors and Monitors Market Segmentation
By Device Type
• Monitors
• Sensors
By Application
• Air Purification & Monitoring
• Leak Detection
• Industrial Process Monitoring
• Environmental Monitoring
By Region:
• Europe
• North America
• APAC
• Latin America
• Rest of World
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Competitive Landscape:
 Tier 1 players- established companies in the market with a major market
share
 Tier 2 players
 Emerging players which are growing rapidly
 New Entrants
FutureWise Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on VOC sensors and monitor market based
on the device types, application and region
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and the Middle East
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
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Global VOC sensors and monitors market to value over US$ 185 Million by 2026 end and register a CAGR of over 4.5% from 2019 to 2026. VOC sensors are used to detect Volatile Organic Compounds (VOC). These are gas sensors that detect VOC in their gaseous forms. Some VOCs are termed hazardous and can pollute the environment.