Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
Global Gas Sensor market [2018-2025] Asia Pacific by Gas Type
By Gas Type, the market is segmented into Carbon Dioxide, Carbon Monoxide, Oxygen, Hydrogen Sulfide, Nitrogen Oxide, Methane, Hydrogen, and Gas Type_Others (2018-2025)
| Label | Carbon Dioxide | Carbon Monoxide | Oxygen | Hydrogen Sulfide | Nitrogen Oxide | Methane | Hydrogen | Gas Type_Others |
|---|---|---|---|---|---|---|---|---|
| 2018 | 80.78 USD Mn | 61.64 USD Mn | 45.06 USD Mn | 38.15 USD Mn | 26.53 USD Mn | 15.99 USD Mn | 11.28 USD Mn | 35.61 USD Mn |
| 2019 | 85.47 USD Mn | 64.97 USD Mn | 46.60 USD Mn | 39.47 USD Mn | 27.34 USD Mn | 16.61 USD Mn | 11.82 USD Mn | 37.45 USD Mn |
| 2020 | 92.38 USD Mn | 69.96 USD Mn | 49.20 USD Mn | 41.71 USD Mn | 28.78 USD Mn | 17.63 USD Mn | 12.66 USD Mn | 40.24 USD Mn |
| 2021 | 100.48 USD Mn | 75.81 USD Mn | 52.23 USD Mn | 44.37 USD Mn | 30.49 USD Mn | 18.82 USD Mn | 13.64 USD Mn | 43.50 USD Mn |
| 2022 | 110.22 USD Mn | 82.85 USD Mn | 55.88 USD Mn | 47.59 USD Mn | 32.58 USD Mn | 20.27 USD Mn | 14.82 USD Mn | 47.43 USD Mn |
| 2023 | 122.23 USD Mn | 91.54 USD Mn | 60.39 USD Mn | 51.62 USD Mn | 35.19 USD Mn | 22.07 USD Mn | 16.27 USD Mn | 52.28 USD Mn |
| 2024 | 137.45 USD Mn | 102.55 USD Mn | 66.12 USD Mn | 56.77 USD Mn | 38.54 USD Mn | 24.36 USD Mn | 18.13 USD Mn | 58.44 USD Mn |
| 2025 | 157.35 USD Mn | 116.96 USD Mn | 73.65 USD Mn | 63.56 USD Mn | 42.97 USD Mn | 27.38 USD Mn | 20.55 USD Mn | 66.50 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
carbon dioxide segment accounted for the largest market share in 2019, this market is expected to reach USD 157.35 Million in 2025 from USD 85.47 Million in 2019. This market is projected to grow at a CAGR of 11.24% during the forecast period from 2020 - 2025. However, carbon dioxide segment is the fastest growing market, which is expected to grow at a CAGR of 11.24% during the forecast period 2020 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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