Future Market Insights (FMI) reports that the global market for VOC sensors and monitors is expected to reach approximately USD 176.3 million in 2023. Over the forecast period from 2023 to 2033, the market is projected to grow at a CAGR of 7.6%, reaching an estimated USD 366.0 million by 2033.
This growth is driven by increasing concerns about environmental pollution and the enforcement of stricter emission regulations by governments worldwide. VOC sensors and monitors, which detect and measure harmful volatile organic compounds, are gaining traction across various sectors, particularly in oil & gas, where improving workplace safety is crucial.
The rising focus on environmental monitoring and air quality control, both indoors and outdoors, is further boosting the adoption of these devices. To meet the growing demand for accurate and cost-efficient air monitoring tools, manufacturers are developing innovative, low-cost solutions. These advancements are expected to drive the VOC sensor and monitor market’s expansion over the coming decade.
Key Takeaways from the VOC Sensors and Monitors Market Report
- Based on device type, monitors segment is likely to thrive at 6.5% CAGR through 2033.
- By application, environmental monitoring segment is poised to exhibit a CAGR of 6.4% from 2023 to 2033.
- The United States VOC sensors and monitors industry value is expected to reach USD 57.3 million by 2033.
- The demand for VOC sensors and monitors in China is set to increase at 6.6% CAGR through 2033.
- The United Kingdom VOC sensors and monitors industry valuation is anticipated to reach US 11.5 million through 2033.
- Japan market is forecast to register a 6.5% CAGR during the assessment period.
Top Players in VOC Sensor and Monitor Industry
- Aeroqual
- AMS AG
- Compur Monitors GmbH & Co. KG
- Drägerwerk
- FIGARO Engineering Inc.
- GFG Instrumentation
- Global Detection Systems
These key players are adding technologically advanced and energy-efficient compressors to their existing portfolios to gain profits. They are also showing interest in adopting strategies such as partnerships, alliances, acquisitions, collaborations, agreements, and mergers to strengthen their market presence.
Key Segments of VOC Sensor and Monitor Industry Research
By Device Type
- Sensors
- Monitors
By Application
- Industrial Process Monitoring
- Environmental Monitoring
- Air Purification and Monitoring
- Leak Detection
By Region
- North America
- Europe
- Asia Pacific
- The Middle East and Africa
- Latin America
Report Preview: https://www.futuremarketinsights.com/reports/voc-sensors-and-monitors-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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