Feb 6, 2024   SOURCE: BusinessWire

Global Oxygen Sensor Market Outlook 2022-2035: Automotive and Healthcare Sectors to Drive Growth - ResearchAndMarkets.com

The "Global Oxygen Sensor Market Outlook 2022-2035" report has been added to ResearchAndMarkets.com's offering.

The global oxygen sensor market is projected to grow at a CAGR of 6.8% over the forecast period. The market is estimated to capture a revenue of near to USD 5 Billion by the end of 2035, up from a revenue of about USD 2 Billion in the year 2022.

This growth could be influenced by rising demand for automotive, along with rising use of oxygen sensor in healthcare sector. Furthermore, the surge in need to treat wastewater, and growing advancement in technology.

The global oxygen sensor market is segmented into numerous segments which includes, segmentation by product type, technology, and by end user industry. By product type, the market is further segmented into potentiometer, amperometric, and resistive. Out of these, the potentiometer segment is predicted to capture the highest revenue of close to USD 2 Billion by the end of 2035, up from a revenue around USD 1 Billion in the year 2022. This segment is growing owing to its rising demand in the food & beverage industry.

On the basis of region, the global oxygen sensor market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Asia Pacific market for oxygen sensor is set to gather the highest revenue of over USD 2 Billion by the end of 2035, up from a revenue of close to USD 0.82 Billion in the year 2022. The growing demand for two-wheelers is expected to have an impact on this rise.

Global Oxygen Sensor Market Outlook

Market Overview

  • Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Market Increment $ Opportunity Assessment, 2022-2035
  • Year-on-Year (YoY) Growth Trend Analysis
  • Global Oxygen Sensor Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Product Type

  • Potentiometric Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Amperometric Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Resistive Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035

By Technology

  • Infrared Market Value (USD Million) Current and Future Projections, 2022-2035
  • Catalytic Market Value (USD Million) Current and Future Projections, 2022-2035

By End User Industry

  • Chemical and Petrochemical Market Value (USD Million) Current and Future Projections, 2022-2035
  • Automotive Market Value (USD Million) Current and Future Projections, 2022-2035
  • Medical and Life Sciences Market Value (USD Million) Current and Future Projections, 2022-2035
  • Industrial Market Value (USD Million) Current and Future Projections, 2022-2035
  • Water and Wastewater Market Value (USD Million) Current and Future Projections, 2022-2035
  • Smart Buildings Market Value (USD Million) Current and Future Projections, 2022-2035

By Geography

  • North America Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Europe Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Asia Pacific Excluding Japan Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Japan Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Latin America Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035
  • Middle East & Africa Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2022-2035

Comprehensive Analysis of Leading Players in the Market

  • ABB
  • Honeywell International Inc.
  • Eaton
  • Figaro Engineering Inc.
  • Advanced Micro Instruments Inc.
  • Apogee Instruments Inc.
  • GE HealthCare
  • Niterra North America Inc.
  • AMETEK. Inc.
  • Yokogawa India Ltd.
  • Niterra Co. Ltd.
  • Fujikura Ltd.

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