The market value for environmental gas sensors will be worth more than $3 billion by 2028, according to a new report from market research company IDTechEx. Most growth will come from internet-of-things (IoT) applications in smart cities, smart homes, as well as running on smartphones and wearable devices.
The market is currently dominated by the automotive industry, where sensors are used to automate air flow into the drivers’ compartment. As yet, methods are highly technical and bulky, and provide low spatial coverage, limiting their usefulness to individuals. They are also expensive, costing upwards of $1000 per module.