The market for MOS Sensor is forecast to reach $18.2 billion by 2025, growing at a CAGR of 7.2% from 2020 to 2025. Facilitated by the widespread use of gas detection devices in several industries coupled with its growing demand in hospitals and aircraft, demand for metal oxide semiconductor (MOS) Sensors will continue to rise in the foreseeable years. Medical facilities are incorporating MOS sensors in numerous applications including monitoring medical air systems, verification of medical gases, and devices such as spirometers, thereby boosting the market growth during the forecast period 2020 – 2025.
The report: “MOS Sensor Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the MOS Sensor Market.
By Type – Oxygen, Carbon Monoxide, Carbon Dioxide, Ammonia, Chlorine, Hydrogen Sulfide, Others
By Application – Water and Waste Water, Medical, Oil and Gas, Automotive, Food & Bverage, Others
By Geography - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa)
- The MOS Sensor Market is highly dominated by APAC region attributed to the increased use of MOS Sensors in automotive & transportation, oil & gas, and chemical applications
- Oil and gas held the major market share of around 33% in 2019 due to the ever – increasing need of gas leakage detection in this vertical, which can otherwise cause hazardous accidents.
- MOS sensors are increasingly being used in HVAC systems in all major industries that include presence of combustible gases and toxic elements, thereby driving the market growth significantly.
- One of the major obstacles for the growth of the MOS sensor market worldwide is disadvantages such as long-time instability, irreversibility and poor selectivity, which affect the overall performance of the sensors.
Type - Segment Analysis
The MOS Sensor market is segmented by type into oxygen, carbon monoxide, nitrogen oxide, carbon dioxide, ammonia, chlorine, hydrogen sulphide among others. During the forecast period, the carbon dioxide segment is expected to lead the MOS sensors market. These devices are commonly used in controlling the indoor air quality as well as in industrial processes. Such sensors can also detect spoilage in the food storage industry. The NOx segment is expected to witness remarkable growth over the forecast period owing to stringent regulatory initiatives for curbing exhaust emission levels. Moreover, the installation of these sensors helps in reducing the air pollution. As a result, the demand for accurate, real-time NOx sensors in control systems is expected to continue increasing over the forecast period.
Application - Segment Analysis
Of all the major metal oxide semiconductor sensor applications, the oil and gas vertical, held the major share estimated at around 33% in the 2019. Growth in this segment is attributed to the ever – increasing need for detection of gas leakage which might end in explosions and hazardous accidents. Moreover, these sensors are being adopted widely in oil refineries to detect combustible, flammable and toxic gases, and oxygen depletion. These devices are installed in locations, primarily on oil rigs, to monitor manufacturing processes and emerging technologies such as photovoltaic. However, HVAC is anticipated to witness significant growth rate of around 8.14% during the forecast period 2020 -2025 as they decline the risk of combustible & toxic gases through timely corrective action and early detection. MOS sensors are widely used to measure the air composition in ventilation units to monitor the performance of HVAC systems in offices and commercial buildings. These have demonstrated exceptional performance for HVAC quality control (QC) and performance monitoring, thereby boosting the market growth in the coming years.
Geography - Segment Analysis
By region, Asia Pacific (APAC) is projected to account for the largest share of the MOS Sensors market during the forecast period. The market in this region has been studied for China, Japan, India, South Korea, and the Rest of APAC. The APAC MOS Sensors market is mainly dominated by China and Japan. The market growth in this region can be attributed to the increased use of MOS Sensors in automotive & transportation, oil & gas, and chemical applications. Rising awareness regarding the impact of air pollution on health has led to an increase in demand for air purifiers, air cleaners, and air quality monitors in APAC, which, in turn, drives the growth of the market in the region. Increasing government activities to reduce air pollution in several APAC countries, such as China and India, are expected to drive the demand for MOS Sensors in the Asia Pacific region. This region is also the largest end-user of HVAC equipment. The growing construction industry, due to increasing population and urbanization, drives the APAC HVAC market, which, in turn, creates a demand for MOS Sensors in the region.
Drivers – MOS Sensor Market
- Emergence for MOS sensors in HVAC system
MOS sensors are increasingly being used in HVAC systems in all major industries that include presence of combustible gases and toxic elements. Gas detection in the HVAC system is one of the crucial elements. It reduces the risk of releasing toxic and combustible gases through early detection and initiates a timely corrective action. Usage of MOS sensors in HVAC system monitors toxic and combustible gases and alerts the personnel before it reaches a dangerous level. MOS sensors are being increasingly used in HVAC systems due to rise in compliances with government regulations, and increase in concerns toward occupation health & safety, which drives the market growth of MOS sensors globally.
- Advent of Smart Sensors
The advent of IoT in the industrial sector has significantly revolutionized the automation technology with specific modification and innovation which has now penetrated into the MOS sensors industry. There is a rising emergence of precise monitoring and signalling solutions with reduced accidental damages to the dependent industries. Chemical parks, mining locations, gas manufacturing, and transportation industries utilize modern MOS sensor systems connected to Wi-Fi and mobile devices. These devices are connected to IoT networking, which aids in detecting leakage, burning, and other hazards in the peripheral area. With this smart technology convergence in gas detectors, hazard signals are easily programmed. It also automatically sends the resultant signal to the operating system thereby eliminating any manual interference. Consequently, this technology trend will significantly upheave growth scope of the MOS sensors market in the forthcoming years.
Challenges – MOS Sensor Market
- Issues related to instability
Polymer-based MOS sensors have some disadvantages such as long-time instability, irreversibility and poor selectivity. The performance could also be affected by the working environment. Furthermore, the working principles of polymer as sensing materials still need a clearer and more convincing explanation. This is consequently hindering the market growth during the forecast period 2020-2025.
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the MOS Sensor Market. MOS Sensor driver market is expected to be dominated by major companies such as NTRODUCTION, City Technology, Figaro Engineering, Dynament, Bosch Sensortech GmbH, Membrapor AG, Alphasesnse, Amphenol Advanced Sensors, Cambridge CMOS Sensor, Sensirion AG, AMS AG, SENSEAIR AB and MSA among others.
- Acquisitions/Technology Launches/R&D Works
- Research works are being carried out in 2020 that are focused on developing a high performance miniaturized MOS sensor operating at room temperature. A state‐of‐art overview of the utilization of burgeoning MoS2 research in gas sensing applications is being provided. The gas sensing performance of the MoS2 sensors with proposed mechanisms is discussed in the context of a wide range of different morphologies/nanostructures, nanocomposites, van der Waals heterostructures, and photoactivation effects.