Hydrogen sensors are found in the hydrogen detecting and monitoring systems. They perform the basic function of detecting any hydrogen leaks. Leakage of hydrogen can be a risky affair as hydrogen is a highly volatile and poisonous gas. Because of its risky properties, hydrogen gas needs constant monitoring and hydrogen sensors solve the purpose effectively. Hydrogen sensors are gaining wide importance across a varied number of industries.
The list of industries where hydrogen sensors are commonly used are transport industry, oil and gas industry, chemical industry, food and beverage industry, electronics industry, power and energy generation industry, automobile industry etc. The increasing use and demand of hydrogen sensors have resulted in the emergence of many companies that manufacture it.
Market Analysis and Insights: Global Hydrogen Sensor Market
Due to the COVID-19 pandemic, the global Hydrogen Sensor market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Electrochemical Hydrogen Sensor accounting for % of the Hydrogen Sensor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive and Transport segment is altered to an % CAGR throughout this forecast period.
China Hydrogen Sensor market size is valued at US$ million in 2021, while the US and Europe Hydrogen Sensor are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Hydrogen Sensor landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
The global key manufacturers of Hydrogen Sensor include Nissha FIS, Toshiba, Honeywell, Membrapor, Figaro Engineering, NTM Sensors, Hydrogen Sense Technology, Zhengzhou Winsen Electronics and Suzhou TaKrMEMS, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Hydrogen Sensor capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Hydrogen Sensor by region (region level and country level), by company, by Technology and by Application. from 2017 to 2022 and forecast to 2028.
Global Hydrogen Sensor Scope and Segment
Hydrogen Sensor market is segmented by Technology and by Application. Players, stakeholders, and other participants in the global Hydrogen Sensor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Technology and by Application for the period 2017-2028.
Segment by Technology
Electrochemical Hydrogen Sensor
MEMS Hydrogen Sensor
Chemochromic Hydrogen Sensor
Segment by Application
Automotive and Transport
Oil and Gas Industry
Chemical Industry
Food and Beverages
Electronics Industry
Power and Energy
Aerospace and Defense
Healthcare
Others
By Company
Nissha FIS
Toshiba
Honeywell
Membrapor
Figaro Engineering
NTM Sensors
Hydrogen Sense Technology
Zhengzhou Winsen Electronics
Suzhou TaKrMEMS
ProSense Technologies
Suzhou NanoGrid Technology
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E