Global Hydrogen Gas Sensor Market - Industry Trends, Opportunities and Forecasts to 2023
The global hydrogen gas sensor market is projected to witness the growth at a CAGR of XX.XX% during the forecast period to reach a total market size of US$XX.XX million by 2023, increasing from US$XX.XX million in 2018. Hydrogen is regarded as one of the best clean energy carriers, which is the ultimate fossil fuel candidate, with a high heat of combustion, low minimum ignition energy and wide flammable range as well as high burning velocity. It is used in metal smelting, glassmaking, semiconductor processing, petroleum extraction and the daily chemical industry etc. due to its strong reducing properties. In addition, hydrogen can also be applied in biomedical, environmental protection and seismic surveillance area such as for indicating certain type of bacterial infection, detection of environmental pollution. Hydrogen is not toxic but it is extremely flammable, and high concentrations of the gas in confined spaces will displace oxygen. Therefore, it is imperative to ensure that there is no leakage of hydrogen which will pave the way for its optimal utility.
Hydrogen sensors are used to detect hydrogen wherever it is produced, stored, distributed or used. There is a rapidly growing number of hydrogen sensors available on the commercial market. Different types of sensors exist and the most commonly available hydrogen sensors include catalytic, electrochemical, metal oxide semiconductors and thermal conductivity sensors. Each type of hydrogen sensor has its own advantages and disadvantages in terms of performance.
The hydrogen gas sensor market has grown significantly in North America. The U.S. Department of Energy’s Fuel Cell Technologies Office is supporting the development and deployment of hydrogen as an alternative energy source in the United States. The Fuel Cell Technologies Office supports department of energy’s mission to ensure the United States’ security and prosperity by addressing energy and environmental challenges through transformative science and technology solutions. The use of hydrogen as a fuel has already been established in commercial markets, including stationary power systems and fuel-cell–powered industrial trucks. The growth of these markets is driving the development of hydrogen infrastructure, including transport and production capability, on-site storage, and on-site dispensers in the region.
The global hydrogen gas sensor market is segmented on the basis of technology, industry, and geography. Based on technology, the market is segmented into electrochemical, metal oxide semiconductors, thermal conductivity, palladium, and catalytic. Furthermore, the market is categorized on the basis of industry which includes automotive, manufacturing, oil and gas, aerospace and defense, healthcare, mining, and others. Further, the market is analyzed based on five regions, namely, North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
The global hydrogen gas sensor market is competitive owing to the presence of well-diversified international, regional and local players. However, some big international players dominate the market share owing to their brand image and market reach. The high market growth and favorable government policies are further attracting more players in the market while enhancing the competitive rivalry. The competitive landscape details strategies, products, and investments being done by key players in different technologies and companies to boost their market presence.
Some of the major players discussed in the report are City Technology Ltd, Membrapor AG, Figaro Engineering Inc. and Siemens AG among others.
Segmentation
The global hydrogen gas sensor market has been segmented by technology, industry, and geography.
By Technology
Electrochemical
Metal Oxide Semiconductors
Thermal Conductivity
Palladium
Catalytic
By Industry
Automotive
Manufacturing
Oil and Gas
Healthcare
Mining
Aerospace and Defence
Others
By Geography
North America
Europe
Middle East and Africa
Asia Pacific
South America
Hydrogen sensors are used to detect hydrogen wherever it is produced, stored, distributed or used. There is a rapidly growing number of hydrogen sensors available on the commercial market. Different types of sensors exist and the most commonly available hydrogen sensors include catalytic, electrochemical, metal oxide semiconductors and thermal conductivity sensors. Each type of hydrogen sensor has its own advantages and disadvantages in terms of performance.
The hydrogen gas sensor market has grown significantly in North America. The U.S. Department of Energy’s Fuel Cell Technologies Office is supporting the development and deployment of hydrogen as an alternative energy source in the United States. The Fuel Cell Technologies Office supports department of energy’s mission to ensure the United States’ security and prosperity by addressing energy and environmental challenges through transformative science and technology solutions. The use of hydrogen as a fuel has already been established in commercial markets, including stationary power systems and fuel-cell–powered industrial trucks. The growth of these markets is driving the development of hydrogen infrastructure, including transport and production capability, on-site storage, and on-site dispensers in the region.
The global hydrogen gas sensor market is segmented on the basis of technology, industry, and geography. Based on technology, the market is segmented into electrochemical, metal oxide semiconductors, thermal conductivity, palladium, and catalytic. Furthermore, the market is categorized on the basis of industry which includes automotive, manufacturing, oil and gas, aerospace and defense, healthcare, mining, and others. Further, the market is analyzed based on five regions, namely, North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
The global hydrogen gas sensor market is competitive owing to the presence of well-diversified international, regional and local players. However, some big international players dominate the market share owing to their brand image and market reach. The high market growth and favorable government policies are further attracting more players in the market while enhancing the competitive rivalry. The competitive landscape details strategies, products, and investments being done by key players in different technologies and companies to boost their market presence.
Some of the major players discussed in the report are City Technology Ltd, Membrapor AG, Figaro Engineering Inc. and Siemens AG among others.
Segmentation
The global hydrogen gas sensor market has been segmented by technology, industry, and geography.
By Technology
Electrochemical
Metal Oxide Semiconductors
Thermal Conductivity
Palladium
Catalytic
By Industry
Automotive
Manufacturing
Oil and Gas
Healthcare
Mining
Aerospace and Defence
Others
By Geography
North America
Europe
Middle East and Africa
Asia Pacific
South America
1. INTRODUCTION
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Regulations
4.7. Industry Value Chain Analysis
4.8. Scenario Analysis
5. GLOBAL HYDROGEN GAS SENSOR MARKET FORECAST BY TECHNOLOGY (US$ MILLION)
5.1. Introduction
5.2. Electrochemical
5.3. Metal Oxide Semiconductor
5.4. Thermal Conductivity
5.5. Palladium
5.6. Catalytic
6. GLOBAL HYDROGEN GAS SENSOR MARKET FORECAST BY INDUSTRY (US$ MILLION)
6.1. Introduction
6.2. Automotive
6.3. Manufacturing
6.4. Oil and Gas
6.5. Healthcare
6.6. Mining
6.7. Aerospace and Defence
6.8. Others
7. GLOBAL HYDROGEN GAS SENSOR MARKET FORECAST BY GEOGRAPHY (US$ MILLION)
7.1. Introduction
7.2. North America
7.3. Europe
7.4. Middle East and Africa
7.5. Asia Pacific
7.6. South America
8. COMPETITIVE INTELLIGENCE
8.1. Investment Analysis
8.2. Strategies of Key Players
8.3. Recent Investments And Deals
9. COMPANY PROFILES
9.1. FIS Inc.
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. City Technology Ltd
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Membrapor AG
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. FIGARO Engineering Inc.
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Siemens AG
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Aeroqual
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Euro-Gas Management Services Ltd
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. MSA
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. KEY FINDINGS OF THE STUDY
4. MARKET DYNAMICS
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Regulations
4.7. Industry Value Chain Analysis
4.8. Scenario Analysis
5. GLOBAL HYDROGEN GAS SENSOR MARKET FORECAST BY TECHNOLOGY (US$ MILLION)
5.1. Introduction
5.2. Electrochemical
5.3. Metal Oxide Semiconductor
5.4. Thermal Conductivity
5.5. Palladium
5.6. Catalytic
6. GLOBAL HYDROGEN GAS SENSOR MARKET FORECAST BY INDUSTRY (US$ MILLION)
6.1. Introduction
6.2. Automotive
6.3. Manufacturing
6.4. Oil and Gas
6.5. Healthcare
6.6. Mining
6.7. Aerospace and Defence
6.8. Others
7. GLOBAL HYDROGEN GAS SENSOR MARKET FORECAST BY GEOGRAPHY (US$ MILLION)
7.1. Introduction
7.2. North America
7.3. Europe
7.4. Middle East and Africa
7.5. Asia Pacific
7.6. South America
8. COMPETITIVE INTELLIGENCE
8.1. Investment Analysis
8.2. Strategies of Key Players
8.3. Recent Investments And Deals
9. COMPANY PROFILES
9.1. FIS Inc.
9.1.1. Overview
9.1.2. Financials
9.1.3. Product and Services
9.1.4. Key Developments
9.2. City Technology Ltd
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Membrapor AG
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. FIGARO Engineering Inc.
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Siemens AG
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. Aeroqual
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Euro-Gas Management Services Ltd
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. MSA
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
