VOC Sensors and Monitors Market Overview

VOC sensors and monitors Market to value over USD 185 Million by 2027 end and register a CAGR of over 4.5% from 2020 to 2027.
VOC sensors and monitors are used to detect hazardous VOCs. VOCs are harmful to the environment and human health. It can cause damage to internal organs and throat irritation. Thus VOC sensors and monitors detect various pollutants like benzene, aniline, chloroform and carbon tetrachloride. 

The market is bifurcated into monitors and sensors. The rising demand for VOC monitors for monitoring the environment is boosting the growth of the market. Rising air pollution and strict government regulations to reduce air pollution are also promoting the growth of the market. The impact of air pollution is not only in the outside environment but in the indoor environment as well. Product innovations for the indoor environment could be a key factor in expanding the size of the market in the coming years. The integration of VOC in AI and IoT applications will boost the growth of the market in the coming years. The end-users of VOC sensors and markets are air purification & monitoring, leak detection, industrial process monitoring, and environmental monitoring. The inflation of leak detection and chemical industries has led to more demand for VOC monitors which had a positive influence on the growth of the market.
However, technical issues related to the consumption of energy are likely to hinder the growth of the market. 

Based on the region, the market is divided into North America, Latin America, North America accounts for the largest share of the market. North America is the leading producer of VOC sensors and monitors the market. The presence of an ample number of mining and chemical industries is boosting the growth of the market in the region.  Europe follows North America and is home to some of the prominent players in the market. Asia and the Pacific region is also witnessed to see the growth of the market as developing economies like India and Japan are opting for VOC sensors and monitors to curb air pollution.

Prominent players of the market include:

 Alphasense, FIGARO Engineering INC. Siemens AG, Extech, Drägerwerk and Global Detection Systems.

VOC sensors and monitors market

VOC Sensors and Monitors Market Segmentation:

By Device Type 
•    Monitors 
•    Sensors

By Application
•    Air Purification & Monitoring 
•    Leak Detection
•    Industrial Process Monitoring
•    Environmental Monitoring 

By Region 
•    Europe  
•    North America  
•    APAC  
•    Latin America 
•    Rest of World  

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a market share  
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants

FutureWise Takeaways: 
•    Growth prospects  
•    SWOT analysis 
•    Key trends 
•    Key data points affecting market growth  

Objectives of the Study: 
•    To provide with an exhaustive analysis on VOC sensors and monitors market based on the device types, application and region 
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  


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What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics