The Asia-Pacific chemical sensors market is expected to show significant growth in demand in near future and is forecast to emerge as the fastest growing market with a double digit compound annual growth rate, according to Future Market Insights.
Meanwhile, the demand for sensors is noticeably high in North America and Europe chemical sensors market globally.
Chemical sensors market value is estimated to grow two-fold during the forecast period.
Fast-paced technology, low prices and expanding application possibilities are expected to boost Asia-Pacific chemical sensors market in the coming years.
Industrial sectors particularly processing and automotive in India and China are fuelling the growth in the region.
Increasing utilization of chemical sensors in other markets such as industrial safety and environmental monitoring are also expected to gain traction chemical sensors market in near future.
Chemical sensors 101
Chemical sensor is a device that converts chemical information into electric signals, whose magnitude is related to the concentration of the analyte.
The information is deduced from chemical reaction of the analyte or from the physical properties of the system under consideration.
It consists of a receptor and transducer, that operate in real time and are controlled by kinetic and thermodynamics of a chemical reaction.
The increase in global energy usage and undesirable release of pollutants into environment has led to increasing use of chemical sensors which is driving the market.
These sensors are extensively utilized for environmental conservation activities, thus ensuring better environmental conditions.
Chemical sensors are considered as advanced tools which are used for identifying and quantifying analytes for various chemical industrial processes.
These are extensively used in research laboratories, chemical and process industries, defense sector and other critical applications.
Chemical sensors are useful for analyzing the chemical composition of a sample in various industries.
On the basis of end use industries chemical sensors market is segmented into medical, automotive and healthcare.
As per the product type, the Asia-Pacific chemical sensors market is segmented into gas, liquid and solid particulate sensors.
On the basis of technology, this market is segmented into electrochemical, biochemical, optical, electrical, electromechanical, and thermometric and others.
Chemical sensors have become an integral part in various industries and find their usage in pharmaceutical, chemical processes, security, food, biomedical, clinical, defense, homeland security and indoor monitoring applications.
The chemical sensors market has been benefited from growing application of integrated electronics, computers, new materials, processing tools and novel designs especially in processing and manufacturing industries.
The manifestation of technology can be used in the development of inexpensive, portable, miniaturized sensors, which are capable of continuous and static measurements even in remote environments.
The major trends identified in APAC chemical sensors market are higher order orthogonal sensors and chemicals sensing arrays.
The majority of the applications in chemical sensors market need to be economical and portable to witness significant uptake in the market.