Gas Sensor Market Size, Share, Growth, Market Research and Industry Forecast Report, 2030 (Includes Business Impact of COVID-19)

  • TBI458724
  • August 06, 2021
  • Global
  • 132 pages
  • Lucintel
                                              Updated on 6th Aug 2021

Gas leaks and emissions are challenges for various industries like petrochemical and oil and gas industries resulting in financial losses and possibly human injuries. Therefore, in recent years, significant efforts are dedicated to developing reliable gas leak detection techniques. Gas leaks can be very dangerous to health and the environment. In confined spaces like buildings, even a small leak in pipelines can gradually build up to be an extremely lethal or even explosive amount of gas which can endanger staff. The release of some gases such as natural gas, propane, and isobutane into the atmosphere is harmful due to their effect on global warming or ozone depletion. Another area would be fugitive emissions which is the emission of gases from industrial equipment due to leaks or other sources of gas release which can lead to an increase in air pollution. The analysis of gas emissions can be very beneficial in many industries such as chemical manufacturing or oil and gas. The early detection of many hazardous gases, for instance, Volatile Organic Compounds(VOCs) or Methane can increase the functional safety of the system and prevent any health risks for the personnel. There have been many incidents during previous years that show the importance of providing reliable gas leak detection techniques as preventive measures.

For instance, in May 2020, the Visakhapatnam gas leak, also referred to as the Vizag gas leak, was an industrial accident that occurred at the LG Polymers chemical plant located on the outskirts of Visakhapatnam, Andhra Pradesh, India, during the early morning of 7 May 2020. The resulting vapor cloud spread over a radius of around 3km (1.86 mi), affecting the nearby areas and villages. As per the National Disaster Response Force (NDRF), the death toll was 11, and more than 1,000 people became sick after being exposed to the gas. Preliminary investigations concluded that the accident was likely the result of insufficient maintenance of units storing the styrene monomer, improper storage, and operation errors. The significance and consequences of gas leaks for the environment and human life motivated industries and governments to conduct regulated inspections as preventive measures to avoid such incidents.

Gas leaks can cause financial losses for the companies and the end-users. For example, in the case of natural gas, possible gas leaks can cost companies and end-users significantly. The increase in the number of natural-gas consumers causes the rapid expansion and construction of gas pipelines and distribution centers. The tremendous increase in a number of natural-gas consumers causes the rapid expansion and construction of gas pipelines and distributing centers. The total length of natural gas distribution has almost reached 2,200,000 km in Europe. Gas comprises about 6.2% of India’s primary energy mix, far behind the global average of 24%. The central government plans to increase this share to 15% by 2030. Petroleum and Natural Gas Regulatory Board (PNGRB)(India) has authorized approximately 33,764 Km Natural Gas Pipeline Network across the country with the aim to create a national gas grid and increase the availability of natural gas across the country. The greatest demand for natural gas will come from India and Asia. In its 2020 report, the IEA projected global demand for natural gas is expected to increase by 29% by 2040, supplying 25% of total energy consumed worldwide. 

The USA leads natural gas pipeline network and is a highly integrated network that moves natural gas throughout the continental United States. The pipeline network has about 3 million miles of mainline and other pipelines that link natural gas production areas and storage facilities with consumers. In 2019, this natural gas transportation network delivered about 28.3 trillion cubic feet (Tcf) of natural gas to about 76.9 million customers. Canada has 450,000 km of distribution pipelines operated by local distribution companies to deliver natural gas to final consumers in various industries, homes, and businesses. Canada has the world’s third-largest oil reserves after Venezuela and Saudi Arabia and is the world’s fifth-largest producer of natural gas. Currently, three major oil pipeline projects are underway in Canada. Upon completion, they will provide access to growing international markets to ensure Canada can get full value for its oil and natural gas.

The length and expansion rate in pipelines also increase the possibility of leaks and failures, making the necessity of regular and reliable inspection more significant and critical to avoid financial losses and dangerous incidents. These losses are not limited to companies and distribution systems; the possible leakages in buildings and industrial sites can cost end-users. Google Earth and Environmental Defense Fund collaborated by equipping Google Street View mapping cars with required sensors to map the methane gas leaks in various urban areas like Boston, Indianapolis, and New York City’s Staten Island. The map shows methane seeping from thousands of aging pipes in the cities. In Boston alone, they found 3,350 leaks across the city. Most were small, but one methane reading reached 14 times higher than background levels. While most gas leaks aren’t dangerous, they can be costly: Customers pay for lost natural gas through their rates.

Scientist Kathryn McKain estimated that a little less than 3% of natural gas delivered to eastern Massachusetts leaks into the atmosphere, equivalent to about $90 million per year (using 2012 and 2013 gas prices)!In order to decrease the risks and potential product loss, industries rely on accurate and reliable reports and analysis prepared by experts for detecting the issues and maintain the systems. Therefore, providing the tools and automation processes can assist inspectors in providing more reports with less human error in a more satisfying time frame. Additionally, since the corrective measures require more extensive information about the leakage such as origin, severity, and size, recent studies also are focused on providing comprehensive approaches to detect and characterize gas leaks. One of the fundamental requirements for an effective corrective measure is the identification and quantification of the leaks like the level of gas concentration and approximation of the source’s location. Therefore, the proximity of equipment or inspectors to the possible leaks increases the reliability of the analysis. Conventional inspection approaches for gas leak detection requires direct contact of inspectors with the environment. Due to the hazardous nature of these gases, an inspection of these sites can put the personnel at considerable health risk. 

In addition, likely access constraints imposed by the conditions like height or temperature of an operating facility can make the inspection very challenging or even impossible. The challenges and requirements motivated companies to use flexible and mobile units to carry on the inspections. Ground-vehicles equipped with gas analysis technologies can certainly increase the reliability and safety of such inspections. Using unmanned aerial vehicles for the inspections can decrease the risk as well as the cost and time of the operation. The manoeuvre capabilities provided by drones can assist inspectors with better access to the facilities and reduce the inspection time, which can motivate the companies to perform them more regularly. Moreover, this approach minimizes the number of required staff on-site, which can also lead to cost- and time-saving and an increase in operational safety. Therefore, introducing drone-enabled techniques for the detection and characterization of gas leaks is very essential and will be the key to the growth of product companies in this sector.

Innovative, Efficient and Safe, Drone-mounted, Gas Detection & Mapping Systems

With gas emissions coming under ever closer environmental scrutiny, as well as the more immediate safety issues that can result from gas leaks across a variety of fields, it’s no surprise to see the drone industry step up with solutions designed to minimise risk and maximise efficiency. Unmanned Aerial Vehicles (UAVs) popularly known as drones offer a cost-effective platform due to their availability, range and ease of operation. Using drones provides a number of advantages to the industry user including ability to maintain and operate a large fleet of aerial platforms, reduce cost of operation, faster turnaround time, flexibility to perform a variety of roles, higher quality inspection due to its ability to fly closer to the source and safety of operation. The limitations of drone use are that it can only perform external inspection, platforms are vulnerable to weather conditions & high winds and have a limited flight endurance with typical flight time of a micro UAV ranging from 30 minutes to 4 hours. Traditional gas leak detection methods have been beneficial in industrial applications. However, they are not always an ideal solution to the problem. These methods often lack efficiency and place people in harm’s way. Drone inspections identify areas of dead vegetation as an indication of an established leak. While helicopters are used to achieve the same results, they’re extremely expensive and noisy. Drones also provide less disruptive inspection of routes, often through complex areas, where the traditional “walk the route” method has various complications. A prime example of this is the detection of gas leaks along miles of pipeline expanding across the wilderness. Having an inspection team hike across the forest with a handheld detector is inefficient and dangerous. Drone-based leak detection is the latest innovation to address both the safety and efficiency issues present in traditional methods. UAVs are also excellent platforms for detecting gas leaks in remote areas. Several manufacturers have already developed payloads for gas leak detection. Other payloads used in gas leak detection include LiDAR and thermal cameras. In this new gas leak detection method, a UAV pilot is assigned to check for leaks along a section of an oil and gas company’s pipeline. The entire mission is planned out and developed into a preprogrammed flight plan. After take-off, the UAV surveys the area and collects data on possible leaks. Either on board the drone or at a base station, this data is processed and analyzed. A report is then be generated and identify any leaks present in the area. These reports provide actionable insights to save money and also protect the environment. Drones collect survey-level data that can accurately pinpoint the leak’s location and provides information on the estimated leak rate and type of gas. Additionally, drone inspections are much faster and far more accurate than those performed by inspection teams using handheld devices. They’re also highly cost-effective compared to using a crewed aircraft, such as a helicopter, to detect leaks. Furthermore, in industrial facilities, the drone method can be repeated to detect leaks in structures high off the ground, eliminating the need to put people at risk. In May 2021, ABB launched the world’s fastest, most sensitive drone-based gas leak detection and greenhouse gas measuring system. This latest addition to its ABB Ability™ Mobile Gas Leak Detection System, HoverGuard™, provides the solution by finding leaks faster and more reliably than ever before. HoverGuard detects, quantifies, and maps leaks up to 100 meters from natural gas distribution and transmission pipelines, gathering lines, storage facilities, and other potential sources quickly, safely, and reliably. It automatically generates comprehensive digital reports that summarize results which can be shared in minutes after a survey. The cloud-connected, multi-gas solution is the first Unmanned Aerial Vehicle (UAV)-based system to quantify the three most important greenhouse gases methane, carbon dioxide, and water vapor continuously while flying. The extremely fast response and high precision of the analyzer allow scientists and researchers to reliably quantify greenhouse gas fluxes which will provide important information when studying the complex environmental processes affecting climate and pollution. HoverGuard has a patented cavity-enhanced laser absorption spectroscopy that detects methane with a sensitivity more than 1,000 times higher and over 10 times faster than conventional leak detection tools. This sensitivity and speed allow HoverGuard to detect leaks while flying at altitudes of 40 meters, or higher, and at speeds greater than 88 km/h. It can cover 10-15 times more land area per minute by operating on a low-cost commercial UAV capable of carrying a payload of 3 kg. Products like Sniffer4D™ come with mounting kits and offer flexibility to select the right carrying platforms(UAV or Vehicles) and sensor module setups. It is able to sense up to 9 air pollutants and PMs at one time. It offers Inhalable Particulate Matter (PM2.5,10,100), Wide Range S02, H2S, NH3, H2, SO2, CXHY (Flammable Gas), HCI as well as high resolution(03+NO2,NO2, SO2) Another interesting area for growth is the detection of Sulphur in Shipping. Under existing regulations, the sulphur content of a ship’s fuel is limited within emission control areas (ECAs). A global regulation that will substantially reduce harmful sulphur oxide (SOx) emissions from ships comes into effect from 1 January 2020, bringing significant benefits for both human health and the environment. From 1 January 2020, the global upper limit on the sulfur content of ships' fuel oil will be reduced to 0.50% (from 3.50%). Known as "IMO 2020", the reduced limit is mandatory for all ships operating outside certain designated Emission Control Areas*, where the limit is already 0.10%. The new limit will mean a 77% drop in overall SOx emissions from ships, equivalent to an annual reduction of approximately 8.5 million metric tonnes of SOx. Particulate matter - tiny harmful particles which form when fuel is burnt – will also be reduced. California’s Air Resources Board (ARB) enforces a 0.10% sulphur limit within 24 nautical miles of the California coast. The regulation does not allow any other compliance options than low-sulphur marine gas or diesel oil (DMA or DMB). A temporary research exemption may be granted, allowing the use of a scrubber. The application must be sent before entering California waters. After a formal review of the regulation, California legislators have decided to retain it as an addition to the ECA requirements. Both sets of regulations must be complied with when calling at port in California. In 2012, RIVM developed an instrument to measure the sulfur dioxide emissions of passing seagoing vessels from shore. This instrument uses the so-called Lidar technique (Light Detection And Ranging). The instrument scans the smoke plume of a passing ship with a laser beam and thus detected the emissions unnoticed. The Lidar is not yet a legally recognized instrument, which means that no fines can currently be given on the basis of Lidar measurements alone. The Lidar can be used to identify suspected offenders, after which a law enforcement officer can board by patrol boat to determine the violation. Deployment in this way is already cost-effective. This is because it can measure almost all passing ships and expensive ship patrols only have to be used for suspected offenders. In addition, the chance of being caught is greatly increased. High-precision monitoring of compliance with fuel sulfur content through UAV measurements of ship emissions is also an opportunity for gas detector manufacturers.

Industry Insights, Market Size, CAGR, High-Level Analysis: Gas Sensor Market

The global gas sensor market size was valued at USD 2.37 billion in 2020 and is expected to expand at a CAGR of 8.3% from 2021 to 2030. Gas sensors are used for measuring the concentration of various gases in their vicinity, such as oxygen, carbon dioxide, and nitrogen oxide. These sensors are equipped with a highly sensitive sensing element that is powered through connecting leads connected to the circuits. These sensors find extensive application in process and manufacturing industries for detecting various toxic, including hydrogen sulfide and nitrogen dioxide. Factors, such as increasing demand for sensor devices, high-end features, and technological advancements are accelerating the demand. Governmental standards and regulations concerning emission control in the industrial segment are projected to accelerate the growth. In the medical industry, the product is widely used in the patient monitoring system, breathing monitoring system, ventilator monitoring systems, and lung function diagnosis, among others. Increasing awareness about environmental safety is driving the adoption of products used in air monitoring systems to detect pollution levels and volatile organic compounds. The ability of wireless sensing devices to detect explosive or toxic gases from a safe distance is expected to boost their demand over the forecast period. These sensors also offer advantages such as easy installation at a lower cost compared to wired sensors and have the ability to create a network of sensors. Gas sensors are expected to witness high demand in Heating, Ventilation, and Air Conditioning (HVAC) control systems as they facilitate intelligent ventilation control. A variety of sensors are used to detect flammable gases and have different flammable conditions, hence a specific type of sensor is required to accurately measure each type of gas. New sensor technologies, such as miniaturized Photo Ionization Detectors (PIDs) for measurement, Non-dispersive Infrared (NDIR) sensors for CO2 or combustible gas, and additional types of substance-specific electrochemical sensors, are available for incorporation into multi-sensor portable instruments. The desire for continuous and real-time monitoring is driving the market in miniaturization, networking/communication, power management, and reliability. Currently, indoor and outdoor air quality concerns are driving the application in commercial building automation as well as in environmental monitoring. Most sensors used in industrial applications are expensive and the package size is too large. Thus, the need for less expensive and compact size products is expected to drive the market. Manufacturers tend to focus on proven sensor technologies and on improving current monitoring systems with more accuracy. Trends toward miniaturized systems, printed sensor manufacturing, and flexible electronics for consumer markets is anticipated to boost growth. However, the increasing adoption of wireless sensors with the Internet of Things (IoT) may hamper the wired gas sensor market growth in the forthcoming years.

Product Insights of Gas Sensor Market

On the basis of product, the market is segmented into Oxygen (O2)/Lambda, Carbon Dioxide (CO2), Carbon Monoxide (CO), Nitrogen Oxide (NOx), and Methyl Mercaptan, among others. The CO2 gas sensor held the dominant market share in 2019. These sensors are widely used in indoor air quality monitoring as well as industrial processes. These sensors are also capable of detecting spoilage in the food storage sector. Companies, such as Honeywell, Digital Control Systems, and Johnson Controls have developed carbon dioxide gas sensors for indoor applications to monitor the air quality. The NOx segment is expected to witness remarkable growth over the forecast period owing to stringent regulatory initiatives for curbing exhaust emission levels. Moreover, the installation of these sensors helps in reducing the air pollution. In addition, manufacturers such as GfG Gas Detection UK Ltd. and FLIR Systems, Inc. have developed advanced NOx sensors used for industries such as food and beverages, oil and gas, and manufacturing. As a result, the demand for accurate, real-time NOx sensors in control systems is expected to continue increasing over the forecast period.

Type Insights of Gas Sensor Market

The wireless gas sensors are being increasingly deployed among industries such as oil and gas, manufacturing, and petrochemical owing to the benefits such as flexibility, scalability, and easy installation. The wireless type is used for continuous monitoring of gas leakage in remote locations and is operated through the base station. The rising adoption of wireless sensor networks has positively influenced the overall market growth. In addition, the increasing adoption of portable/drone-based gas detectors adopted by environmental agencies to inspect the emissions of public transport vehicles bodes well for the growth of the wireless segment. Moreover, the on-going R&D activities conducted by companies, such as Emerson Electric, Co. Ltd.; Siemens, and Honeywell International, Inc. are expected to enhance the performance of wireless gas sensors. For instance, in August 2019, Emerson Electric, Co. Ltd. launched two new Rosemount 628 Universal Wireless Gas Sensors that can simultaneously detect three gases, namely, carbon monoxide, oxygen, and hydrogen sulfide. The wired type is projected to witness significant growth over the forecast period. Various benefits, such as compact size, low cost, low maintenance, and higher accuracy are the major factors attributable to the dominance of the segment. In many situations, wired sensors are among the most reliable systems as they directly link the sensor to the device receiving the input, making them suitable for use in mines, oil rigs, and nuclear power plants. Furthermore, since infrared gas sensors have short battery life and use thermal sources, such as tungsten filament to work, they usually require hard-wired installation. Additionally, increasing the adoption of wired gas sensors in residential applications is a significant factor responsible for segment growth.

Technology Insights of Gas Sensor Market

Electrochemical gas sensor facilitates the detection of toxic gas concentration by oxidizing the target gas at the electrode and measuring the resultant current. The amount of gas present is directly proportional to the current generated. The high demand for this technology can be attributed to their ability to improve indoor air quality, control emission of harmful gases, and detect landfill gases, among others. However, they are not suitable for low temperature or high-pressure conditions. The infrared gas sensing technology is capable of measuring a wide variety of gases, including methane, carbon dioxide, and Volatile Organic Compounds (VOC), such as acetylene, benzene, and butane. These sensors are largely used in chemical and petrochemical and oil and gas industries owing to their fast speed of response in case of a leakage of combustible gases. As a result, infrared technology is expected to emerge as the fastest-growing technology segment over the forecast period. However, the cost of these sensors is significantly higher as compared to electrochemical sensors.

End-Use Insights

In 2019, the industrial segment dominated the market owing to strict regulations by the government to ensure the occupational health and safety of workers. Moreover, gas detection equipment is widely used in industrial applications for the detection and monitoring of combustible and toxic gases. They are also used for controlled combustion in industrial furnaces and in the measurement of oxygen in confined spaces. These sensing devices are used to fulfill four important functions of various systems in industrial applications, such as monitoring and control, security and warning, diagnosis and analysis, and interface and navigation. In the medical sector, technology is primarily used for measuring VOCs, which may have adverse short-term as well as long-term health effects. The sensors are used for monitoring the concentration of oxygen in anesthesia gas in incubators and ventilators. Moreover, the gas sensors are also integrated into 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.

Regional Insights of Gas Sensor Market

Europe dominated the market in 2019, attributed to the increased IT investments and advancements in sensor technologies in the region. The growing demand for devices that can be integrated into handheld devices has encouraged advancements in technology. Moreover, the need for ensuring safety at workplaces is expected to be the key driving force for regional growth over the forecast period. Regulations in developed markets of North America and Europe mandate the use of these sensing devices in potentially hazardous environments. Increased focus of governments on energy efficiency and emission control standards has resulted in the proliferation of these devices in the automotive sector in Europe. The growth in end-use industries and increasing avenues for the use of gas sensors are also expected to be the major drivers for the regional market growth. Various agencies and legislations are promoting the use of gas detection devices at the workplace for the safety of the employees. For instance, the Occupational Safety and Health Administration (OSHA) in the U.S. and the Health and Safety at Work Act (HSWA) in the U.K., which focuses on occupational health and safety in the U.K.

Market Share Insights of Gas Sensor Market

Prominent players dominating the market includeAlphaSense Inc.; City Technology Ltd.; Dynament; Figaro Engineering Inc.; Membrapor; Nemoto & Co., Ltd.; Robert Bosch LLC; ABB; Siemens; GfG Gas Detection UK Ltd.; and FLIR Systems, Inc. Major strategies adopted by the key players include expansion capabilities, partnerships and agreements, collaborations, new product developments, mergers and acquisitions, and research and development investments. Sensor manufacturers are focusing on investing in R&D activities with an aim to boost technological advancements. Key players have employed innovative concepts and ideas, improved manufacturing techniques, and enhanced their products and profitability to gain a competitive edge. Several players have adopted product launch as their key developmental strategy to cater to the demand for the gas sensors from end-users. Furthermore, some of the players have also undertaken acquisitions and expansion initiatives to improve their product offerings and boost the production process as well as to expand their sales into different geographies. For instance, In January 2019, NGK Spark Plug Co., Ltd. completed the acquisition of Caire Inc., a manufacturer of oxygen sensors. The acquisition allowed the company to include oxygen sensors to extend its product portfolio.

Segmentations, Sub Segmentations, CAGR, & High-Level Analysis overview of Gas Sensor Market Research Report

This report forecasts revenue and volume growth at global, regional, and country levels and analyzes the latest industry trends in each of the sub-segments from 2019 to 2030. For the purpose of this study, this market research report has segmented the global gas sensor market report based on the product, type technology, end-use, and region:

Product Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

  • Oxygen/Lambda Sensor
  • Carbon Dioxide Sensor
  • Carbon Monoxide Sensor
  • NOx Sensor
  • Methyl Mercaptan Sensor
  • Others (Hydrogen, Ammonia, Hydrogen Sulfide)

Type Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

  • Wired
  • Wireless

Technology Outlook (Revenue, USD Million, 2019 - 2030)

  • Electrochemical
  • Semiconductor
  • Solid State/MOS
  • Photo-Ionization Detector (PID)
  • Catalytic
  • Infrared (IR)
  • Others

End-Use Outlook (Volume, Million Units; Revenue, USD Million, 2019 - 2030)

  • Medical
  • Building Automation & Domestic Appliances
  • Environmental
  • Petrochemical
  • Automotive
  • Industrial
  • Agriculture
  • Others

Mergers & Acquisitions, Expansion Plans, Partnership, New launch, Investment for the year 2020 to: Gas Leak Detector

Jul 2021: New Location: Dräger opens new facility in Gonzales, Louisiana. The new location offers Dräger's full portfolio of safety products and its enhanced offering of rental and safety services for the oil, gas and chemical industries. Ideal for daily and long-term rental, shutdown and turnaround services, Dräger's portfolio of rental and safety services includes gas detection (personal and area monitoring); respiratory protection/ breathing air supply; fall protection; communication, lighting and ventilation; PPE and consumables; safety staffing and consultation; and inventory management/ on-site safety shops. The new facility will offer same-day delivery and technician support to quickly respond to its customers' needs. Jul 2021: Partnership MSA Safety Named As Preferred Portable Gas Detection Supplier for Royal Dutch Shell. This preferred supplier status is part of three-year global framework agreement to supply portable gas detection equipment and other safety technology to Shell's offshore and onshore facilities and installations worldwide. This includes the company's line of best-in-class connected portable gas detectors that offer web-based gas detection capabilities like remote live monitoring and fleet management. The latter is provided by MSA's Safety io subsidiary, which develops intuitive software to deliver comprehensive data-driven insights and analysis with real-time safety alerts. May 2021: Partnership: Dräger and Shell signed an enterprise framework agreement for the provision of portable gas detection equipment for all of Shell's on and offshore plants and installations worldwide. Further confirming Dräger’s position as a 'Preferred Supplier' for portable gas detection equipment to Shell for a further three years. For the first time, this contract additionally includes rental and product purchase options. Dräger can provide equipment for short-term projects as well as for long-term rentals. Shell will receive the latest generation of equipment, including all services, maintenance, repair and on-site services. Dräger and Shell have agreed upon internationally standardized purchase and rental prices. May 2021 Acquisition MSA Safety to acquire Bacharach, Inc.; a Leader in Heating, Ventilation, Air Conditioning and Refrigeration (HVAC-R) Leak Detection in a transaction valued at $337 million. Acquisition will expand MSA's gas detection portfolio and leverages MSA's product and manufacturing expertise into new markets Apr 2021: Product Launch: Bridger Photonics' high-tech laser solution selected by ExxonMobil for EPA Methane Detection. Instead of visiting sites on foot, Bridger Photonics scans sites from aircraft using its advanced LiDAR technology, Gas Mapping LiDAR™, to detect and estimate methane emissions throughout the entire natural gas value chain (production, transmission, and distribution of natural gas) sensitively and quickly. Bridger hands its clients a map that pinpoints (GPS coordinates), images, and estimates the quantity of every detectable emission in the client's infrastructure. These data products provide actionable information for field crews to easily find and prioritize leaks. Feb 2021: Partnership: PG&E partnered with RKI Instruments to develop and commercialize the laser-based leak detection technology using the NASA/JPL more sensitive methane detector. A commercial product is expected later this year. Sep 2020: Investment: Dräger Safety invests in Kuva Systems for automated camera-based monitoring of Methane emissions. The Kuva platform is a camera-based methane monitoring solution centered on color-coded video clips of invisible gas that are automatically generated when emission events are detected. By making the invisible measurable, and thereby manageable, Kuva enables the oil and gas industry to continuously identify and reduce methane leaks as they occur and thereby meet ESG (Environmental, Social, and Governance) and methane intensity goals. The Kuva technology is a breakthrough because, unlike other infrared camera solutions, it is not confused by the variability that thermal infrared background radiation creates in a scene. This allows for confident automated gas detection. Aug 2019: Acquisition: Teledyne Completes Acquisition of the Gas and Flame Detection Business of 3M. for $230 million in cash. The gas and flame detection business includes Oldham, Simtronics, Gas Measurement Instruments (GMI), Detcon and select Scott Safety products.

Table of Contents
Chapter 1 Methodology and Scope                   1.1 Research Methodology                   1.2 Research Scope and Assumptions                   1.3 List of Data SourcesChapter 2 Executive Summary                   2.1 Gas Sensor Market - Industry Snapshot & Key Buying Criteria, 2016 - 2027                   2.2 Global Gas Sensor Market, 2016 - 2027                       2.2.1 Global gas sensor market, by region, 2016 - 2027                       2.2.2 Global gas sensor market, by product, 2016 - 2027                       2.2.3 Global gas sensor market, by type, 2016 - 2027
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