The Gas Sensors Market is projected to grow from USD 1.5 billion in 2023 to USD 2.3 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 9.7%. The application of gas sensors in smart cities and building automation has witnessed significant growth in recent years due to rapid urbanization and industrialization, leading to a rise in air pollution levels. The advent of the Internet of Things (IoT) has facilitated air quality monitoring and management in smart cities, with several players launching IoT-based gas sensors. The wireless gas sensor segment is expected to witness the highest CAGR during the forecast period.
