Dublin, May 14, 2025 (GLOBE NEWSWIRE) -- The "Hydrogen Gas Sensor Market - Forecasts from 2025 to 2030" has been added to ResearchAndMarkets.com's offering.
The global hydrogen gas sensor market is projected to grow significantly, reaching a valuation of $661.642 million by 2030 from $493.649 million in 2025, driven by a CAGR of 6.03%.
This growth is attributed to the rising adoption of hydrogen as a cleaner alternative to traditional fuels, which necessitates advanced sensor technologies for safe and efficient storage, handling, and usage across various industries.
Market Trends:
The industry's adoption of innovative materials such as silicon carbide (SiC) and gallium nitride (GaN) is revolutionizing power electronics. These materials are noted for their superior performance compared to conventional silicon-based products.
Recent advancements in wide bandgap power semiconductors have improved commercial viability due to better material quality, enhanced device design, and streamlined manufacturing processes. Collaborative efforts have fostered advancements in SiC and GaN substrates, crystal growth techniques, and device fabrication, reducing production costs and increasing device yields.
Environmental concerns are also major growth drivers, with carbon dioxide emissions from industrial and combustion processes forecasted to increase. Governments are advocating for hydrogen as a cleaner energy source to combat rising CO2 levels. The commercial application of hydrogen is anticipated to expedite market growth, as sensors are vital for monitoring hydrogen in production, storage, and distribution phases.
Regions such as Europe, the Middle East, and Africa are expected to see rapid growth due to stringent carbon emission regulations and ambitious hydrogen strategies, particularly in countries like France and Germany aiming for carbon neutrality by 2050. These regions' significant hydrogen production capacity and move towards cleaner energy sources are boosting the market for hydrogen sensors.
Prominent market players include Nissha FIS, Inc., Membrapor, Figaro Engineering Inc., Aeroqual, Makel Engineering, Inc., Nexceris, Zhengzhou Winsen Electronics Technology Co., Ltd., and Honeywell International Inc.
Key Benefits of this Report:
- Insightful analysis of major and emerging geographical markets, government policies, industry segments, and consumer preferences.
- A thorough competitive landscape review, providing strategic insights into market penetration approaches by key players globally.
- Dynamic market drivers and trends shaping future developments.
- Informed recommendations for strategic decision-making to explore new business opportunities and revenue streams.
- A comprehensive resource beneficial for startups, research institutions, consultants, SMEs, and large enterprises.
Report Coverage:
- Historical data from 2022 to 2024 and forecast data from 2025 to 2030.
- Growth opportunities, supply chain outlook, regulatory framework, and trend analysis.
- Competitive positioning, strategies, and market share analysis.
- Revenue growth and forecast assessment by segments and geographical regions.
- Company profiling, including strategies, products, financials, and key developments.
Companies Featured
- Nissha FIS, Inc.
- Membrapor
- Figaro Engineering Inc.
- Aeroqual
- Makel Engineering, Inc.
- Nexceris
- Zhengzhou Winsen Electronics Technology Co., Ltd.
- Honeywell International Inc.
- SGX Sensortech
- SENKO International Inc.
Key Attributes:
Report Attribute | Details |
No. of Pages | 140 |
Forecast Period | 2025 - 2030 |
Estimated Market Value (USD) in 2025 | $493.65 Million |
Forecasted Market Value (USD) by 2030 | $661.64 Million |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
The global hydrogen is analyzed into the following segments:
By Technology
- Electrochemical
- Metal Oxide Semiconductor
- Catalytic
- Optical
- Others
By End-User Industry
- Automotive
- Oil and Gas
- Healthcare
- Aerospace
- Others
By Geography
- Americas
- US
- Europe, the Middle East, and Africa
- Germany
- Netherlands
- Others
- Asia Pacific
- China
- Japan
- Taiwan
- South Korea
- Others
For more information about this report visit https://www.researchandmarkets.com/r/u5ra3p
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