According to MarketsandMarkets’ report “VOC Sensors and Monitors Market by Device Type (Sensors and Monitors), Application (Industrial Process Monitoring, Environmental Monitoring, Air Purification & Monitoring, and Leak Detection), and Geography - Global Forecast to 2023”, the volatile organic compound (VOC) sensors and monitors market is expected to expand from $140 million in 2018 to $176 million by 2023, at a CAGR of 4.6%. This moderate, yet consistent rise is attributed to the increasing enforcement of occupational health and safety regulations by governments.
- Monitors to hold larger share of VOC sensors and monitors market in 2018.
- Environmental monitoring to hold largest share of VOC sensors and monitors market in 2018
- North America to hold largest share of VOC sensors and monitors market in 2018
- Players operating in the VOC sensors and monitors market include FIGARO (Japan), ams AG (Austria), Alphasense (UK), Drägerwerk (Germany), Honeywell (US), Aeroqual (New Zealand), Siemens (Germany), Extech (US), Global Detection Systems (US), and USHIO (Japan).
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