US demand to reach $1.9 billion in 2017
US chemical sensor demand will increase nearly five percent per year to nearly $1.9 billion in 2017. A continued rebound in light vehicle production, along with the increasing use of advanced, higher cost universal exhaust gas oxygen (UEGO) sensors to improve vehicle fuel efficiency and performance, will drive advances. Growth will also be supported by healthy increases in medical chemical sensor demand as the continued aging of the baby boomer generation leads to above average growth in the diagnosis of diabetes and other chronic conditions. More broadly, gains across the entire industry will be supported by strong unit volume demand as lower average prices for most product types, and improved chemical sensor performance due to technology advancements, encourage expanded sensor use and facilitate the development of new applications and markets.
Fuel economy requirements to drive motor vehicle market
Changes within the motor vehicle industry will have the greatest impact on chemical sensor demand going forward. The increased use of gasoline direct injection and turbocharged engines by vehicle manufacturers in an effort to comply with federal corporate average fuel economy requirements will necessitate the expanded use of higher cost UEGO sensors that allow engines to achieve both higher performance and better fuel efficiency. The shift in product mix toward the higher cost oxygen sensors, as well as the increased adoption of cabin air quality sensors, and robust increases in nitrogen oxide and ammonia sensor demand due to the strong rebound in medium and heavy duty truck production, will all support the strong gains in the motor vehicle market and chemical sensors overall.
Glucose monitors to support medical market
While most of the increases in electrochemical sensor demand will come from the motor vehicle market, growth will also be supported by the medical market. The aging of the baby boomer generation will fortify above average increases in new diabetes diagnoses and demand for portable blood glucose monitors. Rising medical chemical sensor demand will also reflect the development of new applications and the healthcare industry’s increased reliance on testing and benchmarks as a means of not only improving patient care, but also reigning in rising health care costs.
Optical, semiconductor sensors to grow the fastest
Optical chemical sensor demand will rise at a strong pace. The increased usage of demand control ventilation in commercial properties and the greater adoption of cabin air quality systems in motor ve- hicles will drive the gains. Acceleration in chemical sensor demand growth in most environmental monitoring applications due to an expanding economy and the ongoing tightening of air and water quality standards will also support advances. However, even faster growth for optical sensors will be limited by declines in automobile emissions testing due to the falling number of vehicles that need to be tested via the tailpipe. The fastest growth, albeit from a small base, will be realized by semiconductor sensors, which will benefit from better performance and low cost. In particular, growth in semiconductor sensors will, like optical sensors, be driven by the rising adoption of automobile cabin air quality control systems.
This study presents historical demand data (2002, 2007 and 2012) plus forecasts for 2017 and 2022 by product, analyte and market. The study also considers market environment factors, evaluates company market share and profiles 40 industry players
TABLE OF CONTENTS SECTION PAGE INTRODUCTION ix I. EXECUTIVE SUMMARY 1 II. MARKET ENVIRONMENT 4 General 4 Macroeconomic Outlook 5 Demographic Trends 9 Health Care Industry Outlook 12 Manufacturing Outlook 15 Motor Vehicle Outlook 19 Pollution Control Outlook 23 Sensor Industry Overview 25 Pricing Trends 28 Regulatory & Environmental Issues 31 Environmental Regulations 32 Motor Vehicle Emissions 35 Industrial Safety Regulations 36 Medical Regulations 37 Defense & Security Regulations 38 Food Safety Regulations 39 International Activity & Foreign Trade 40 III. TECHNOLOGY OVERVIEW 42 General 42 Basic Sensor Technology 43 Chemical Sensor Technology 44 Electrochemical 46 Optical 48 Infrared 48 Photoionization 49 Emergent Technologies 50 Pellistor/Catalytic Bead 51 Semiconductor 52 Other Sensor Technologies 53 MEMS, Microsystems, & Nanotechnology 56 Biomimetics 57 Electronic Noses 59 Electronic Tongues 60 IV. PRODUCTS 62 General 62 Electrochemical Sensors 64 Potentiometric Sensors 66 Analytes 67 Markets 69 Suppliers & Market Share 70 Amperometric Sensors 71 Analytes 73 Markets 74 Suppliers & Market Share 75 Conductometric Sensors 76 Other Electrochemical Sensors 78 Optical Sensors 79 Infrared Sensors 81 Analytes & Markets 84 Suppliers 85 Other Optical Sensors 86 Types 87 Suppliers 89 Optical Sensor Market Share 91 Semiconductor Sensors 92 Analytes & Markets 94 Suppliers & Market Share 94 Pellistor/Catalytic Bead Sensors 96 Analytes & Markets 97 Suppliers & Market Share 98 Other Chemical Sensors 100 V. ANALYTES 103 General 103 Gases 104 Oxygen 108 Toxic Gases 111 Combustible Gases 112 Other Gases 114 Carbon Dioxide 115 Refrigerant Gases 116 Volatile Organic Compounds 116 Ozone 118 Liquids & Solids 119 pH 120 Dissolved Gases 123 Oxidation-Reduction Potential 124 Carbohydrates 126 Other Liquids & Solids 128 VI. MARKETS 130 General 130 Industrial 133 Motor Vehicles 135 Oxygen Sensors 137 Other Motor Vehicle Sensors 140 Process Industries 143 Food & Beverage Processing Industry 145 Chemical Processing Industry 147 Other Process Industries 149 HVAC & Other Equipment 150 Environmental Monitoring 152 Industrial Safety & Emissions 154 Industrial Safety Systems 155 Emissions Monitoring 156 Water & Wastewater 157 Automotive Emissions Testing 159 Other Environmental Monitoring 160 Medical 162 Defense & Homeland Security 165 Other Markets 168 VII. INDUSTRY STRUCTURE 171 General 171 Industry Composition 171 Market Share 175 Competitive Strategies 179 Research & Development 179 Product or Market Focus 181 Low-Cost Position 182 Acquisitions & Divestitures 183 Marketing & Distribution 186 Company Profiles 188 Aanderaa Data Instruments, see Xylem ABB Limited 189 Alpha MOS SA 192 Alphasense Limited 195 AMETEK Incorporated 197 Bosch (Robert) GmbH 199 City Technology, see Honeywell International Delphi Automotive plc 201 Delphian Corporation 203 DENSO Corporation 205 Detector Electronics, see United Technologies Draegerwerk AG & Company KGaA 207 Emerson Electric Company 209 e2v technologies plc 211 General Electric Company 212 Groveley Detection, see Emerson Electric Halma plc 215 Heraeus Holding GmbH 218 Honeywell International Incorporated 220 Horiba Limited 225 Industrial Scientific Corporation 228 International Sensor Technology 231 Johnson & Johnson 233 Kidde Aerospace and Defense, see United Technologies Los Gatos Research, see ABB Mine Safety Appliances Company 235 Nemoto & Company Limited 238 NGK Spark Plug Company Limited 240 Nipro Corporation 242 Nova Biomedical Corporation 244 Novatech Controls Pty Limited 246 Oldham, see Industrial Scientific Polymer Technology Systems Incorporated 247 RAE Systems, see Honeywell International Roche Holding Limited 250 Rosemount Analytical, see Emerson Electric SAFRAN SA 253 SGX Sensortech Limited 255 Siemens AG 257 Smiths Group plc 259 Spectris plc 261 Teledyne Technologies Incorporated 264 Thermo Fisher Scientific Incorporated 267 Tokuyama Corporation 270 United Technologies Corporation 272 Vaisala Oyj 276 VTI-Valtronics Incorporated 278 Wissenschaftlich-Technische Werkstätten, see Xylem Xylem Incorporated 279 YSI, see Xylem Other Sensor Industry Participants 283 LIST OF TABLES TABLE NUMBER PAGE SECTION I -- EXECUTIVE SUMMARY Summary Table 3 SECTION II -- MARKET ENVIRONMENT 1 Macroeconomic Indicators 8 2 Population & Households 12 3 National Health Expenditures by Category 15 4 Manufacturers’ Shipments 19 5 Motor Vehicle Indicators 23 6 Pollution Control Equipment Expenditures 25 7 Total Sensor Demand 27 8 Chemical Sensor Prices 30 SECTION IV -- PRODUCTS 1 Chemical Sensor Demand by Type 63 2 Electrochemical Sensor Demand 66 3 Potentiometric Electrochemical Sensor Demand 67 4 Potentiometric Electrochemical Sensor Demand by Analyte 68 5 Potentiometric Electrochemical Sensor Demand by Market 70 6 Amperometric Electrochemical Sensor Demand 73 7 Conductometric Electrochemical Sensor Demand 78 8 Other Electrochemical Sensor Demand 79 9 Optical Chemical Sensor Demand 81 10 Infrared Chemical Sensor Demand 83 11 Other Optical Chemical Sensor Demand by Analyte & Market 87 12 Other Optical Chemical Sensor Demand by Type 89 13 Semiconductor Sensor Demand 93 14 Pellistor/Catalytic Bead Sensor Demand 97 15 Other Chemical Sensor Demand 102 SECTION V -- ANALYTES 1 Chemical Sensor Demand by Analyte 104 2 Gas Sensor Demand 107 3 Oxygen Sensor Demand 111 4 Toxic Gas Sensor Demand 112 5 Combustible Gas Sensor Demand 114 6 Other Gas Sensor Demand 115 7 Liquid & Solid Phase Chemical Sensor Demand 120 8 pH Sensor Demand 122 9 Dissolved Gas Sensor Demand 124 10 Oxidation-Reduction Potential Sensor Demand 126 11 Carbohydrate Sensor Demand 128 12 Other Liquid & Solid Phase Chemical Sensor Demand 129 SECTION VI -- MARKETS 1 Chemical Sensor Demand by Market 132 2 Industrial Market for Chemical Sensors 135 3 Motor Vehicle Market for Chemical Sensors 137 4 Motor Vehicle Oxygen Sensor Demand 140 5 Other Motor Vehicle Applications for Chemical Sensors 143 6 Process Industry Market for Chemical Sensors 145 7 Food & Beverage Processing Market for Chemical Sensors 147 8 Chemical Processing Market for Chemical Sensors 149 9 Other Processing Market for Chemical Sensors 150 10 HVAC & Other Industrial Markets for Chemical Sensors 152 11 Environmental Monitoring Market for Chemical Sensors 154 12 Industrial Safety & Emissions Market for Chemical Sensors 157 13 Water & Wastewater Monitoring Market for Chemical Sensors 159 14 Automotive Emissions Testing Market for Chemical Sensors 160 15 Other Environmental Monitoring Market for Chemical Sensors 162 16 Medical Market for Chemical Sensors 165 17 Defense & Homeland Security Market for Chemical Sensors 168 18 Other Markets for Chemical Sensors 170 SECTION VII -- INDUSTRY STRUCTURE 1 Chemical Sensor Sales by Company, 2012 173 2 Research & Development Spending Patterns, 2010-2012: Selected Sensor Manufacturers 181 3 Selected Acquisitions & Divestitures 185 LIST OF CHARTS CHART NUMBER PAGE SECTION II -- MARKET ENVIRONMENT 1 Average Annualized Sensor Cost, 2012 31 SECTION III -- TECHNOLOGY OVERVIEW 1 Chemical Sensor Diagram 46 SECTION IV -- PRODUCTS 1 Chemical Sensor Demand by Type, 2012 64 2 Potentiometric Electrochemical Sensor Market Share, 2012 71 3 Amperometric Electrochemical Sensor Market Share, 2012 76 4 Optical Chemical Sensor Market Share, 2012 92 5 Semiconductor Sensor Market Share, 2012 96 6 Pellistor/Catalytic Bead Sensor Market Share, 2012 99 SECTION V -- ANALYTES 1 Gas Sensor Market Share, 2012 108 SECTION VI -- MARKETS 1 Chemical Sensor Demand by Market, 2012 133 SECTION VII -- INDUSTRY STRUCTURE 1 Chemical Sensor Market Share, 2012 176