: Lucintel Forecasts the Global Electrochemical Sensor Market to Reach $22.3 billion by 2030
: Lucintel Forecasts the Global Electrochemical Sensor Market to Reach $22.3 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global electrochemical sensor market looks promising with opportunities in the oil & gas, chemical & petrochemical, medical, automotive, and food & beverage markets. The global electrochemical sensor market is expected to reach an estimated $22.3 billion by 2030 from $15.9 billion in 2023, at a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are increasing demand for environmental monitoring, advancements in sensor technology, creation of microfluidic and miniature electrochemical sensors, and rising use of wearable technology and point-of-care diagnostics.
A more than 150-page report to understand trends, opportunity and forecast in electrochemical sensor market to 2030 by technology (thermal, night vision, laser rangefinder, digital storage, and others), stabilization (image stabilized and standard), application (military, astronomy, sports, hunting & shooting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that potentiometric sensors will remain the largest segment over the forecast period due to the requirement for modern diagnostic methods and advancements in microfabrication methods.
North America will remain the largest region over the forecast period due to expanding R&D activities for end users in the biomedical, building automation, automotive, and other fields, advancements in information technology and government programs aimed at disruptive technologies.
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Thermo Fisher Scientific, MSA Safety, Emerson Electric., Conductive Technologies, Delphian, SGX Sensortech, Ametek, Figaro, Drägerwerk, Membrapor are the major suppliers in the electrochemical sensor market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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