MOS Sensors Market Forecast to Reach $19.5 Billion by 2027

April 25 19:02 2022
MOS Sensors Market Forecast to Reach $19.5 Billion by 2027
MOS Sensors Market | IndustryARC
Owing to the Increasing Demand for Detection of Gas Leakage to Avoid Explosions and Hazardous Accidents Driving the Growth of MOS Sensors Market.

The global MOS Sensors Market size is forecasted to reach $19.5 billion by 2027, growing at a CAGR of 7.25% during the forecast period from 2022-2027. Globally, increasing usage of MOS (Metal Oxide semiconductor) sensors in HVAC System for gas detection is set to drive the MOS Sensor market. Metal oxide semiconductor gas sensing materials are mainly implemented for their outstanding physical and chemical properties, low cost and simple preparation methods. Furthermore growing concerns for Climate change and global warming leads to the usage of nanostructured metal oxide semiconductor (NMOS) based technologies for sensing greenhouse gas emission can be considered as an another factor for the growth of the market. MOS Sensors are integrated with micro packed gas chromatography to detect carbon monoxide, sulfur dioxide, hydrogen sulfide, ammonia, and so on in industries, factories and automobiles. Such factors can be considered vital in boosting the market growth of MOS Sensor during the forecast period 2022-2027.

MOS Sensors Market Segment Analysis – By Type

Based on type, the MOS Sensors market is segmented into Oxygen, Carbon Monoxide, Carbon Dioxide, Ammonia, Chlorine, Hydrogen Sulphide and Others. Oxygen based MOS Sensors are analyzed to witness the fastest growth with the highest CAGR of 8.3% during the forecast period 2022-2027, owing to growing usage in wide number of industries such as pharmaceutical, automotive and others. The key factor that has been driving the growth of the oxygen based MOS sensors is the rising number of applications for the oxygen sensors coupled with technological advancements in the sensing technologies. These sensors are used for various applications such as marine respiration, quick reaction monitoring, bench top R&D, monitoring of Fuel Tank & particular Hydrocarbon Environments, long-term Procedure Monitoring, fermentation, packing & food control, thus raising its adoptability among industries. Additionally, these sensors are used for respiratory gas monitoring in medical applications. Furthermore, global environmental concerns are also playing an important role in influencing the growth of this segment. Such trends are set to drive its market growth in the long run.

For More Information About MOS Sensors Market @

https://www.industryarc.com/Report/19304/mos-sensors-market.html

Report Price: $ 4500 (Single User License)

MOS Sensors Market Segment Analysis – By Applications

Based on applications, Oil & Gas dominated the MOS Sensor market with a share of 28.96% in 2021 and is also anticipated to witness significant growth during 2022-2027, owing to the increasing demand for detection of gas leakage to avoid explosions and hazardous accidents. MOS sensors are an important part of the oil & gas industry. These sensors are primarily used to detect combustible, flammable and toxic gases while exploration, enhanced oil recovery (EOR), well drilling, well completion, pigging, fracking, and refining. MOS Sensors are used for wide variety of oil and gas applications such as wellhead instrumentation, gas compression, offshore, pipeline monitoring, storage tanks & level measurement and sub-sea. The demand for modernization, restoration and up gradation of oil and gas industry is the major factor for the implementation of advanced sensors in automation of oil and gas industry. Automation of oil and gas industry can boost oil and gas output and also attract foreign investments which will create opportunities for the growth of the market. In July 2021, Oil and Natural Gas Corporation (ONGC) announced to invest $ 4.03 billion in 2022 to boost oil & gas output. Such investments can be considered vital in boosting the automation of oil & gas industry which in turn will influence the market growth of MOS sensors in the long run.

MOS Sensors Market Segment Analysis – By Geography

APAC region accounted for the largest share of 36% in the global MOS Sensors Market and is anticipated to have a significant growth during the forecast period 2022-2027, owing to the increased use of MOS Sensors in automotive & transportation, oil & gas, and chemical applications. Increasing awareness regarding the impact of air pollution on human health lead to an increase in demand for air purifiers, air cleaners, and air quality monitors across the countries in APAC region which in turn accelerates the demand for MOS sensors for air quality monitoring. Furthermore growing urbanization coupled with rising urban population leads to more air pollution which in turn accelerates the demand for MOS sensors in coming years. According to United Nations Department of Economic and Social Affairs data, the world population is expected to add 2.5 billion people to urban areas by 2050, with close to 90% of this increase is expected to come from Asia and African countries. Such growing urban population will have a positive impact on the growth of the market.

MOS Sensors Market Drivers

Increasing use of MOS Sensors in HVAC System is considered to be a factor that can drive the market forward

Increasing use of MOS Sensors in HVAC System is considered to be a major factor that can drive the market forward during the forecast period 2022-2027. In HVAC System, MOS Sensors are used for gas detection and thus reduces the risk of releasing toxic and combustible gases. These MOS sensors monitors toxic and combustible gases and alerts the personnel before it reaches to an alarming level. In Residential HVAC systems, the adoption of A2L refrigerants will require area monitoring sensors that are able to quickly detect leaks without false alarms. MOS sensors are chosen as the suitable sensing technology for the detection of A2L refrigerants gases as they have long lifetimes and are relatively inexpensive. Presently, HVAC equipment manufacturers are incorporating MOS Sensor modules in HVAC System to detect A2L refrigerant leak. Moreover, rise in compliances with government regulations and investments on development of energy-efficient and flexible building technologies also influences the market growth globally. In February 2020, the U.S. Department of Energy (DOE) has announced to invest $74 million for 63 selected projects to research, develop, and test energy-efficient and flexible building technologies that include developing novel thermal energy storage materials, advancements in non-vapor compression HVAC technologies and others. Such investments can increase the implementation of MOS sensors in HVAC industry for the need of detecting toxic gases which can influence the market growth of MOS Sensors in the long run.

Growing adoption of MOS Sensors in food & beverage industry can drive the market forward

The growing adoption of MOS based gas sensors in food & beverage industry is set to be one of the factors that can drive the market forward during the forecast period 2022-2027. MOS based gas sensors are used in beverage and food industries to control the fermentation processes. It is also used for applications such as intelligent food packaging by detecting rotten or spoiled food, thus helps in maintaining quality of food. In intelligent food packaging, these sensors are used as essential component to enable monitoring and providing information on the condition of food, packaging and the surrounding environment. The development of efficient MOS based CO2 sensors can intelligently monitors the gas concentration changes inside a food package, thus becoming essential for food packaging applications. In February 2021, TDK launched InvenSense TCE-11101, a miniaturized ultra-low power CO2 gas sensor platform to accurately detect carbon dioxide in wide range of applications such as food industry. Therefore, application of mos based gas sensors in the food production industry and packaging can greatly contribute in reducing food waste and also helps in cutting the yearly number of food poisonings cases, thus contributing significantly to food safety. Such rising food poisoning cases can increase the implementation of MOS sensors in food industry for the need of providing better food quality, which can influence the market growth of MOS Sensors in the long run.

Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=19304

MOS Sensors Market Challenges

Issues related to instability associated with MOS Sensor hamper the market growth

Though MOS Sensors have lot of advantages but cross-selectivity and low sensitivity to lower gas concentrations acts as a major challenge restraining the growth of MOS Sensors Market. Moreover, the performance of MOS Sensor can also be affected by the harsh environment. Furthermore, high power consumption, baseline resistance drift and high operating temperature are the factors that also hampers its adoption rate. Owing to the above mentioned factor, use of MOS sensors will be significantly impacted, thus hampering its market growth.

MOS Sensors Industry Outlook

Partnership, Acquisitions, Collaboration, technology launches and R&D activities are key strategies adopted by players in the MOS Sensors Market. The MOS Sensors Market top 10 companies include:

City Technology

Figaro Engineering

Dynament

Bosch Sensortech GmbH

Cambridge CMOS Sensor

Sensirion AG

Membrapor AG

Alphasesnse

Amphenol Advanced Sensors

SENSEAIR AB

Recent Developments

In December 2021, Sony Semiconductor Solutions Corporation developed the world’s first stacked CMOS image sensor technology with 2-Layer Transistor Pixel. This new architecture approximately doubles saturation signal level relative to conventional image sensors, widens dynamic range and reduces noise, thereby substantially improving imaging properties in electronics devices. Such developments can positively impact the market growth.

In January 2020, Amphenol Advanced Sensors launched Telaire MiCS-VZ-89TE air quality sensor that combines metal-oxide-semiconductor sensor technology with algorithms to monitor air quality in occupied spaces. Such developments can positively impact the market growth.

Key Takeaways

Oxygen based MOS Sensors are analyzed to witness the fastest growth with the highest CAGR of 8.3%, owing to growing usage in wide number of industries such as pharmaceutical, automotive and others.

Oil & Gas dominated the MOS Sensor market with a share of 28.96% in 2021 during the forecast period, owing to the increasing demand for detection of gas leakage to avoid explosions and hazardous accidents.

APAC MOS Sensor Market held the largest share in 2021; owing to the increased use of MOS Sensors in automotive & transportation, oil & gas, and chemical applications.

Relevant Report:

Gas Sensors Market

https://www.industryarc.com/Report/15409/gas-sensors-market.html

For more Automation and Instrumentation Market reports, Please Click Here

About IndustryARC : IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.

Media Contact
Company Name: IndustryARC
Contact Person: Mr. Venkat Reddy
Email: Send Email
Phone: (+1) 970-236-3677
Address:Madhapur
City: Hyderabad
Country: India
Website: https://www.industryarc.com/

  Categories: