According to the research report titled ‘Global Covid-19 Impact on Gas Sensors Market Size study, by End User (Medical & Healthcare, Oil & Gas, Food & Beverage, Automotive & Transportation, Building & Construction, Water Treatment, Others), Technology (MOS, Infrared (IR), Catalytic, Electrochemical, Photoionization detection (PID), Zirconia, Holographic, Laser, Others) and Regional Forecasts 2020-2027‘, available with Market Study Report, despite global Covid-19 impact on gas sensors market, the overall valuation was USD 1 billion in 2019 and is expected to witness a CAGR of 6.8% during 2020-2027.
 

Increasing prevalence of COVID-19 has caused rise in manufacturing of ventilators, respirators, and medical equipment, hence boosting the demand for gas sensors. The global Covid-19 impact on gas sensors market study further cites that other sectors like oil & gas, building & construction, and automotive will display limited product demand in the near future.
 

Major medical devices companies have shifted their focus on ventilator manufacturing due to the pandemic outbreak, thereby fueling the demand for gas sensors, as cited by global covid-19 impact on gas sensors market report. Moreover, adoption of several business strategies by key contenders such as providing advanced and high-performance gas sensors is also likely to propel the industry growth. For instance, Sensirion AG, a Switzerland based company introduced a new digital gas flow sensor named SFM3019 in 2020 to cater the evolving demand of ventilator manufacturers.
 

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Based on technology, global Covid-19 impact on gas sensors market report divides the business landscape into photoionization detection (PID), holographic, zirconia, catalytic, MOS (metal-oxide-semiconductor), electrochemical, laser, infrared (IR), and others. With regards to end-user spectrum, the industry is fragmented into building & construction, food & beverage, water treatment, medical & healthcare, oil & gas, automotive & transportation, and others.
 

The regional overview of study on global Covid-19 impact on gas sensors market consists of Europe, Asia Pacific, North America, Latin America, and rest of the world. North America accounted for a majority of industry share in recent past mainly due to rising prevalence of Covid-19 in both urban and semi-urban areas and emphasis by private organizations in the region to manufacture gas sensors.
 

Meanwhile, Asia Pacific market is anticipated to witness the highest growth rate over 2020-2027 owing to increasing incidences of Covid-19 and booming geriatric population in countries such as China and Japan.
 

Leading companies profiled in global covid-19 impact on gas sensors market study include Amphenol Corporation, Membrapor AG, Sensirion AG, Dynament Ltd., Alphasense Technology Pvt. Ltd., AMS AG, MSA Safety Inc., Figaro Engineering Inc., Honeywell Analytics Inc., and Asahi Kasei Microdevices (AKM).