FOR IMMEDIATE RELEASE. Yole s analysts believe in a wide adoption of gas sensors in consumer products
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1 FOR IMMEDIATE RELEASE Yole s analysts believe in a wide adoption of gas sensors in consumer products Gas Sensor Technology & Market report, February 2016 LYON, France February 11, 2016: The latest analysis from Yole Développement (Yole) and dedicated to gas sensors technology and market trends estimates that the gas sensor market is currently growing, driven by HVAC 1 and future consumer applications. This analysis, entitled Gas Sensor Technology & Market, announces a US$ 920 million market in 2021, with +7.3% CAGR during the period. An upside market of almost $65 million in 2021 is possible if gas sensors are widely adopted in consumers products, adds Dr Benjamin Roussel, Activity Leader, Medical Technologies at Yole. Consumer applications including wearables and smartphones are driving new gas sensors development to reduce cost, power consumption and size, especially with MEMS 2 technologies. According to Yole, gas sensors are today part of the combo sensors family: not only considered as a product itself, gas sensors are more and more combined with other sensors and so increase the functionalities and value of the system The More than Moore market research and strategy consulting company Yole proposes today a clear understanding of gas sensor applications through an outstanding segmentation. Aim of this new report is to provide technical and economic requirements per market segment. Moreover, within this new report, Yole reviews several scenarios for the integration of gas sensors in smartphones. Air quality is becoming a major concern, and therefore gas sensors are increasingly attracting interest. Gas sensing technologies are not new: Gas sensors embedded in gas detectors for defense and industrial safety applications form a highly regulated and mature market, explains Dr Eric Mounier, Senior Technology & Market Analyst, MEMS & Sensors at Yole. And he adds: But the growing awareness of the air quality is creating new applications and opportunities. These include gas sensors in 1 HVAC : Heating, Ventilation Air Conditioning 2 MEMS : Micro Electro Mechanical System Yole Développement Le Quartz 75 cours Emile Zola Lyon-Villeurbanne France
2 P a g e 2 consumer products like home devices, wearables and smartphones, or for buildings and cars, including indoor/in-cabin air quality monitoring. According to Yole s team, there are numerous drivers that will contribute to the gas sensor market growth: Driven by better energy management, the building market will experience 13.6% CAGR for a total market estimated at US$237 million in The medical industry is looking for very high sensitivity for asthma attack sensors or oxygen sensors for breath control. Consumer applications such as wearables and smartphones are driving the development of new gas sensors to reduce cost, power consumption and size with MEMS technologies. Driven by the desire for better outdoor air quality control, the environmental market will grow at almost 19% CAGR. The transport market is driven by oxygen sensors and future depollution applications. The consumer market is very attractive as it can drive very large volumes depending on user case adoption, cost and technical maturity, comment Dr Roussel. The smartphone industry has revolutionized the sensor industry as mobile applications today aggregate ever more sensors. Gas sensors could be the next to be integrated in smart phones and/or wearables. As Yole s analysts believe that user cases are crucial for wide adoption of gas sensors in consumer products, they have built a list of potential applications and benchmarked them. Yole s gas market report describes in detail three different scenarios for the consumer application: Realistic scenario: for the next few years, Yole s team foresees slow adoption of gas sensors by mobile manufacturers. Only Tier 2 and 3 smartphone manufacturers will embed gas sensors in mobiles. Optimistic scenario: Yole assumes integration of gas sensors in a major smartphone model in 2016 and growing adoption for the next five years. This scenario is dependent on technical maturity and cost. At Yole, we think that there are still some required improvements: reducing the cost and form factor for optical-based solution, 2
3 P a g e 3 increasing the sensitivity for semiconductor-based solutions are part of the challenges, details Dr Mounier from Yole. Rollercoaster scenario: Yole simulates integration of gas sensors in a major smartphone model in But, one year later, the sensor will be removed by the company due to the absence of a clear user case. This case study is similar to the adoption and removal of the humidity sensor in the Samsung Galaxy S4. Yole s optimistic scenario estimates a market volume of 350 million units in A detailed description of this report is available on i- micronews.com, MEMS & Sensors reports section. 3
4 P a g e 4 About Gas Sensor Technology & Market report: Disruptive technologies and emerging applications will make the gas sensor market skyrocket! Rates: Euros 6, (Full report - Multi user license). Contact David Jourdan - Phone: Authors: Dr. Benjamin Roussel is leading the MedTech activity (microfluidic and medical technologies) at Yole Développement, the "More than Moore" market research and strategy consulting company. He holds a pharmacy diploma from the University Claude Bernard Lyon, complemented by a master degree in Technology and Innovation Management from EM Lyon Business School. Dr. Eric Mounier has a PhD in microelectronics from the INPG in Grenoble. He previously worked at CEA LETI R&D lab in Grenoble, France in marketing dept. Since 1998 he is a cofounder of Yole Développement, a market research company based in France. At Yole Développement, the "More than Moore" market research and strategy consulting company, Dr. Eric Mounier is in charge of market analysis for MEMS & Sensors, visible and IR imagers (CIS, microbolometers), semiconductors, printed electronics and photonics (e.g. Silicon photonics). He has contributed to more than 200 marketing & technological analysis and 100 reports. Eric is also an expert at the OMNT ("Observatoire des Micro & Nanotechnologies") for Optics. Companies cited in the report: Aerocrine, Airsense Analytics, AlphaMOS, Alphasense, Amphenol, ams, APIX, AppliedSensor, Aryballe, Autochim, Bosch, Cambridge CMOS, CEA Leti, City Technology, Crowcon, CubeSensors, Denso, Drager, E+E Elektronik, EcoLogicSense, Edinburgh Sensors, elichens, enose, Figaro, Gas Sensing Solution, GE, Hanwei, Honeywell, IT Dr Gambert, KAIST, KWJ, Membrapor, Micronas, Microsens, MSA, nest, Netatmo, NGK NTK, Nisha, NXP, OptoSense, Paragon, Qmicro, Samsung, Schneider Electric, Senseair, Senseor, Sensic, Sensigent, SGX Sensortech, Siemens, SPEC Sensors, Spectral Engines, Synkera, Techcomp Group, Telaire, Testo, TSMC, Vaisala, Volvo, Winsen, Withings, X-FAB and many more. About Yole Développement Founded in 1998, Yole Développement has grown to become a group of companies providing marketing, technology and strategy consulting, media and corporate finance services. With a strong focus on emerging applications using silicon and/or micro manufacturing, the Yole Développement group has expanded to include more than 50 collaborators worldwide covering MEMS, Compound Semiconductors, LED, Image Sensors, Optoelectronics, Microfluidics & Medical, Advanced Packaging, Manufacturing, Nanomaterials, Power Electronics and Batteries & Energy Management. The More than Moore company Yole and its partners System Plus Consulting, Blumorpho and KnowMade support industrial companies, investors and R&D organizations worldwide to help them understand markets and follow technology trends to develop their business. CONSULTING Market data & research, marketing analysis Technology analysis Reverse engineering & costing services Strategy consulting Patent analysis REPORTS Collection of technology & market reports Manufacturing cost simulation tools Component reverse engineering & costing analysis Patent investigation 4
5 P a g e 5 MEDIA & EVENTS i-micronews.com, online disruptive technologies & markets weekly e-newsletter: Because knowledge is power Communication & webcasts services Executive and Market & Technology Forums, Market Briefings and more FINANCIAL SERVICES Mergers & Acquisitions Due diligence Fundraising CONTACTS Consulting & Financial Services: Jean-Christophe Eloy (eloy@yole.fr) Reports business: David Jourdan (jourdan@yole.fr) Press relations & Corporate communication: Sandrine Leroy (leroy@yole.fr) ### 5
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