Global Electrochemical Sensors Market - By Type ( Potentiometric Sensors, Amperometric Sensors, Conductometric Sensors), Industry, Geography, Trends, Forecast - (2017 - 2022)
The electrochemical sensors market is expected to grow to USD 9.02 billion by 2022 at a CAGR of 7.97% over the period 2017-2022. The demand for quick accurate diagnosis in the medical sector, increase in the production of light vehicles, and technological advancements are the key drivers of this market.
Electrochemical approaches offer specificity of detection combined with a method of transducing the signal into the electrical domain. Electrochemical sensors are expected to see the highest growth, with demand reflecting improvement in manufacturing. The growth of the electrochemical sensors market is currently being hindered by decrease in automobile emissions testing due to the falling number of vehicles that need to be tested through the tailpipe. The Asia-Pacific region is expected to register a huge growth rate when compared to other regions because of the presence of developing countries such as China and India, followed by Europe and North America.
The electrochemical sensors market is segmented on the basis of type (potentiometric sensors, amperometric sensors, conductometric sensors and others), end-user industry (medical, automotive, industrial, environmental monitoring, defense and others), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
This report gives a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis. The report considers key trends that will impact the industry and profiles over 10 leading suppliers of the electrochemical sensors market.
Some of the top companies mentioned in the report are:
Emerson Electric Company (U.S.)
General Electric (U.S.)
Honeywell International Inc. (U.S.)
Siemens AG (Germany)
Teledyne Technologies Incorporated (U.S.)
What the Report Offers
Market definition for the electrochemical sensors market along with identification of key drivers and restraints for the market.
Market analysis for the electrochemical sensors market, with region-specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the electrochemical sensors market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.