The gas sensor market is about to change

LYON, France --- Nowadays, the number of enforceable patents dedicated to miniaturized gas sensors is increasing worldwide, and several companies already stand out by their strong IP position. According Yole Développement’s analysts, the market size of gas sensors for consumer applications should grow from US$12 million in 2015 to more than US$95 million in 2021, with an upside of US$60 million if massive adoption of the innovative technologies is confirmed. With a 33% CAGR between 2014 and 2020, this segment is poised to experience the highest grow rate of the gas sensor market. All of these signs suggest the market start.

“In such emerging market, a strong IP position on miniaturized gas sensors is thus essential for companies to enter in this promising business,” comments Dr Fleur Thissandier, at KnowMade.

KnowMade, a Yole Group’s company, has investigated the patent landscape of miniaturized gas sensors that could be used in consumer applications. The Technology Intelligence & IP Strategy consulting player identified more than 1,050 patented inventions worldwide up to August 2016 by more than 440 patent applicants.

KnowMade patent analysis entitled “Miniaturized Gas Sensors Patent Landscape Analysis” is now available and proposes an overview of the patent landscape, the IP profile of key players with a detailed ranking and an analysis of the relative strength of the top patent holders derived from their portfolio size, patent citation networks, countries of patent filings and current legal status of patents.

For more details: http://www.yole.fr/2016_press_releases.aspx