The development of the sensor domain has seen an exceptional growth in the recent past and it is anticipated to exhibit similar trends during the forecast period. The growth in the market is supported by development in several digital trends, including the Internet of Things, consumer products, autonomous systems, etc. The growth is also being augmented by the drastic reduction in average selling price of sensors, which has increased the usage of sensors in all digital items.
The medical and healthcare are critical to the growth of the gas sensors market as they are continuously adopting the use of gas sensors in the patient monitoring system, breathe monitoring system, ventilator monitoring systems and lung function diagnosis, among others. In the medical and healthcare segment, the sensor technology is primarily used for measuring (Volatile Organic Compounds) VOCs, which may have adverse short-term as well as long-term health effects. Moreover, the gas sensors are also integrated in medical devices such as patient monitoring systems for analyzing the toxic gas in the body. Most adopted technologies in medical applications are PID sensing owing to the accuracy and cost effectiveness.
For instance, the gas sensors are used in the Covid-19 scenario. The outbreak of SARS-CoV-2, a second-wave of Covid-19 in Europe, has generated a demand for CO2 gas sensors in the region. Owing to the close connection of the indoor CO2 concentration and aerosol density, using CO2 gas sensors to monitor the indoor environment can be an efficient method to control the Covid-19 outbreak.
The German government is among the first to invest in this technology, installing CO2 gas sensors in schools. These sensors indicate when the air in the room is unhealthily stale. The Federation of European Heating, Ventilation and Air Conditioning Associations (REHVA) has also published guidance for schools to install a CO2 monitoring system with traffic light indication. The ever-increasing CO2 emissions from automotive, manufacturing and mining sectors has also supported the market growth. These sensors provide high accuracy with simple construction and easy use, thereby driving their incorporation with exhaust gas analyzers and air quality monitoring systems used in various industrial sectors.
Governments from various nations are prone towards the introduction of new environmental policies and protocols that focus on the reduction of global warming and control of gas emissions in the manufacturing processes. For instance, in 2018, the European Union’s Nationally Determined Contribution (NDC) announced the Paris Agreement, which emphases on the reduction of greenhouse gas emissions by around 40% until 2030. This will drive the demand for CO2 monitoring systems & filters across various industrial facilities
As per the report released by the International Labor Organization, around 2.78 million worker deaths are recorded every year, where 2.4 million deaths are related to occupational hazards at workplaces. Therefore, governments of several countries have introduced frameworks and regulations to integrate several monitoring devices to ensure worker safety or instance, Japan adopted the Kyoto Protocol, which is an international agreement that aimed to reduce carbon dioxide (CO2) emissions and the presence of greenhouse gases (GHG) in the atmosphere. The essential ideology of the Kyoto Protocol was that industrialized nations needed to reduce the amount of their CO2 emissions.
The protocol was implemented in Kyoto, Japan in 1997, when greenhouse gases were rapidly threatening our climate, life on the earth and the planet, itself. Today, the Kyoto Protocol exists in other forms and its issues are still being discussed. Moreover, the United States Environmental Protection Agency (EPA) began regulating greenhouse gases (GHGs) under the Clean Air Act ("CAA" or "Act") from mobile and stationary sources of air pollution for the first time on January 2, 2011. Principles for mobile sources have been established according to Section 202 of the CAA and GHGs from immobile sources are currently controlled under the authority of Part C of Title I of the Act. The basis for regulations was upheld in the United States Court of Appeals for the District of Columbia in June 2012.
Various regional climate change initiatives in the United States have been undertaken by state and local governments, in addition to federal Clean Air Act regulations. These frameworks will escalate the demand for gas detection systems in the manufacturing sector, which assists in the monitoring and detection of poisonous and combustible gases in the processing plants. It also aids in the measurement of oxygen levels in small places and controls combustion in industrial blast furnaces, thereby paving the way for the growth of gas sensors in the industrial sector.
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