Global Volatile Organic Compound (VOC) Sensors & Monitors Market By Product Type (Sensors, Monitors), By Application (Industrial Process Monitoring, Environmental Monitoring, Air Purification Monitoring, Leak Detection), By End-Use (Oil & Gas, Transportation, Electronics, Printing), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Volatile Organic Compounds (VOCs) are organic substances that exist in the gas phase at room temperature and include a wide spectrum of chemical compounds that are both artificial and naturally occurring, and are primarily carbon-based. VOCs are pollutants produced by different chemical and medicinal operations. These substances are harmful to humans, plants, and other living things.

VOC sensors, which are essentially gas sensors, are used to detect VOCs in their gaseous forms. These sensors are used to detect various VOCs such as xylene, methylene chloride, ethanol, terpenes, formaldehyde, benzene, and carbon disulfide. These VOC sensors were made with the sole purpose of monitoring quality of common indoor air contaminants. There are a lot of gases that can cause sensor readings to get messed up, but they aren’t typical indoor contaminants. High exposure concentrations of VOCs may cause throat irritations, headaches, and even damage to internal organs.

Detailed Segmentation –

The global volatile organic compound (VOC) sensors and monitors market is segmented on the basis of – Product Type, Application, End-Use, and Region. The detailed segmental description is represented below:

Based on Product Type:

• Sensors
• Monitors

Based on Application:

• Industrial Process Monitoring
• Environmental Monitoring
• Air Purification Monitoring
• Leak Detection

Based on End-Use:

• Oil & Gas
• Transportation
• Electronics
• Printing
• Other End-Uses

Based on Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Market Dynamics –

Drivers for the Global Volatile Organic Compound (VOC) Sensors and Monitors Market:

The global VOC sensors & monitors market is expected to increase it generated revenues due to a greater number of government laws concerning worker health & safety, as well as a surge in industry concerns. Moreover, the demand for industrial and private environmental monitoring is also surging as individuals are becoming more aware of indoor and outdoor air quality.

Wireless sensors, flexible electronics, and miniaturized systems are making great strides in advancements. VOC sensors are applicable across a variety of industries, but they’re most commonly utilized in the oil & gas sector to discover leaks on drilling platforms (upstream), trailers, pipelines, and tanker vessels boats (midstream), and storage and refineries facilities (downstream).

Nowadays, VOC sensors and monitors are being integrated with smartphones, tablets, and wearable gadgets to ensure user safety from VOC gases. These are certain factors that will help augment this target market in the years to come.

Restraints for the Global Volatile Organic Compound (VOC) Sensors and Monitors Market:

The market expansion of the global VOC sensors & monitors market is being held back by the low efficiency of VOC gas sensors that are being used in industrial applications, as well as the fact that they consume more power at higher temperatures. These factors ware expected to have a negative influence on the economic growth trajectory of this global industry in the foreseeable future.

Opportunities for the Global Volatile Organic Compound (VOC) Sensors and Monitors Market:

Existing VOC gas sensors have limited accuracy and require a lot of power, necessitating the development of sensors with high accuracy and low power consumption levels. This factor is anticipated to create lucrative opportunities for the global volatile organic compound sensors & monitors market.

Competitive Landscape –

Key players in this market are –

• FIGARO (Japan)
• Honeywell (US)
• Aeroqual (New Zealand)
• Siemens (Germany)
• Extech (US)
• Global Detection Systems (US)
• USHIO (Japan)
• AMS AG (Austria)
• Alphasense (UK)
• others

These key players are focusing on mergers, partnerships, acquisitions, product developments, and collaboration strategies, in order to sustain their competitive edge.

For the Volatile Organic Compound (VOC) Sensors & Monitors Market research study, the following years have been considered to estimate the market size: