Conducting polymers (CPs) have emerged as promising materials for gas sensors due to their organic nature coupled with unique and versatile optical, electrical, chemical, and electrochemical properties. This review provides a comprehensive overview of the latest developments in conducting polymer-based gas sensors. First, the fundamental gas sensing mechanisms in CPs-based sensors are elucidated, covering diverse transduction modes including electrochemical, chemiresistive, optical, piezoelectric, and field-effect transistor-based sensing. Next, the various types of conducting polymers employed in gas sensors, such as polypyrrole, polyaniline, polythiophene, and their composites are introduced, with emphasis on their synthesis methods, structural characteristics, and gas sensing response properties. Finally, the wide range of applications of these sensors is discussed, spanning industrial process control, environmental monitoring, food safety, biomedical diagnosis, and other fields, as well as existing issues such as long-term stability and humidity interference, and a summary of the biocompatibility and regulatory standards of these conductive polymers is provided. By integrating insights from sensing mechanisms, materials, and applications, this review offers a holistic understanding of CPs-based gas sensors. It also highlights future research directions, including device miniaturization, AI-assisted gas identification, multifunctional integrated sensing systems, wearable and flexible sensor platforms, and enhanced sensitivity, selectivity, and on-site detection capabilities.