Market Overview:
The global advanced CO2 sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient buildings and rising awareness about air quality. Additionally, the growing adoption of CO2 sensors in various applications such as automotive, healthcare, and industrial is also propelling the growth of this market. On the basis of type, NDIR CO2 sensor held a major share of the global advanced CO2 sensors market in 2017. This segment is expected to grow at a CAGR of 7% during the forecast period from 2018 to 2030 owing to its high accuracy and reliability.
Product Definition:
Advanced CO2 Sensors are used to detect the level of carbon dioxide in a particular area. They are important because they help to ensure that the environment is safe for people and plants.
NDIR CO2 Sensor:
NDIR CO2 Sensor is a new technology that has been developed to overcome the limitations of other gas sensors. The normal IR based gas sensors work on the principle of infrared radiation being absorbed by gases and then reacting with an enzyme present in the sensor, which gives out a signal. However, this method is not accurate for detecting very small quantities of gases such as hydrogen or carbon dioxide.
Chemical CO2 Sensor:
A chemical carbon dioxide sensor is a device that is used to measure the concentration of carbon dioxide in the air. It works on an electrochemical principle and uses a galvanic cell to generate an electrical signal proportional to the amount of CO2 present in the air. The most commonly used sensors are dry-cell batteries, wet-cell batteries, and coin cells.
Application Insights:
Building automation was the largest application segment in 2016 and is expected to continue its dominance over the forecast period. Advanced CO2 sensors have numerous applications in building automation, such as HVAC (heating, ventilation, and cooling), fire detection/alarm systems, security systems among others. The rising need for energy-efficient solutions that reduce greenhouse gas emissions has driven the demand for advancedCO2 sensors in air conditioner control rooms across residential and commercial buildings. These devices provide real-time temperature data of refrigerant charge state which are used to optimize system performance by maintaining optimum conditions for long periods of time.
The growing importance of controlling temperature levels inside automobiles without affecting vehicle performance or comfort is projected to drive product demand from automotive industry over the forecast period. In addition, these devices help maintain optimal engine temperatures by monitoring combustion processes continuously throughout vehicles¢â‚¬â„¢ lifetimes thereby reducing fuel consumption and increasing overall efficiency on a global scale.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of players and increased adoption of automation across various industrial sectors. The region is expected to witness moderate growth over the forecast period, which can be attributed to rising demand for energy-efficient products.
The Asia Pacific is anticipated to emerge as a lucrative regional market over the forecast period owing to rapid urbanization and increasing disposable income levels in emerging economies such as India and China. Growing automotive industry will also have a positive impact on product demand, especially NDIR sensors that are used for monitoring purposes in automobiles. ‘’ ‘’ ‘’ ⑔σ†'¬"œœœŠ'¬"© 2013 - 2018 CO2Sensors.
Growth Factors:
- Increasing demand for advanced CO2 sensors in automotive and transportation sector for fuel efficiency and emission control.
- Rising demand from process industries such as oil & gas, chemical, and power generation for accurate CO2 monitoring in order to optimize the process operations.
- Growing popularity of IoT-enabled advanced CO2 sensors for real-time monitoring of greenhouse gas emissions across various industries.
- Proliferation of data analytics and cloud services that are helping businesses to make better decisions by analyzing the large volume of data collected from advanced CO2 sensors deployed across the enterprise network infrastructure.
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced CO2 Sensors Market Research Report
By Type
NDIR CO2 Sensor, Chemical CO2 Sensor
By Application
Building Automation, Air Conditioners, Air Purifier, Industrial, Healthcare, Automotive, Petrochemical, Others
By Companies
Siemens AG, Honeywell, Vaisala, SenseAir (Asahi Kasei), Amphenol Corporation, Sensirion AG, Trane, E + E ELEKTRONIK, Figaro, Gas Sensing Solutions, Ati Airtest Technologies Inc., Zhengzhou Winsen Electronics Technology Co., Ltd. (Henan Hanwei Electronics), Digital Control System Inc, ELT SENSOR Corp., Wuhan Cubic Optoelectronics, Teren
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Advanced CO2 Sensors Market Report Segments:
The global Advanced CO2 Sensors market is segmented on the basis of:
Types
NDIR CO2 Sensor, Chemical CO2 Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building Automation, Air Conditioners, Air Purifier, Industrial, Healthcare, Automotive, Petrochemical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens AG
- Honeywell
- Vaisala
- SenseAir (Asahi Kasei)
- Amphenol Corporation
- Sensirion AG
- Trane
- E + E ELEKTRONIK
- Figaro
- Gas Sensing Solutions
- Ati Airtest Technologies Inc.
- Zhengzhou Winsen Electronics Technology Co., Ltd. (Henan Hanwei Electronics)
- Digital Control System Inc
- ELT SENSOR Corp.
- Wuhan Cubic Optoelectronics
- Teren
Highlights of The Advanced CO2 Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- NDIR CO2 Sensor
- Chemical CO2 Sensor
- By Application:
- Building Automation
- Air Conditioners
- Air Purifier
- Industrial
- Healthcare
- Automotive
- Petrochemical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced CO2 Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced CO2 sensors are a type of sensor that can be used to measure the levels of carbon dioxide in the air. These sensors are often used in industrial settings to monitor and control CO2 levels, as well as other gases.
Some of the major players in the advanced co2 sensors market are Siemens AG, Honeywell, Vaisala, SenseAir (Asahi Kasei), Amphenol Corporation, Sensirion AG, Trane, E + E ELEKTRONIK, Figaro, Gas Sensing Solutions, Ati Airtest Technologies Inc., Zhengzhou Winsen Electronics Technology Co., Ltd. (Henan Hanwei Electronics), Digital Control System Inc, ELT SENSOR Corp., Wuhan Cubic Optoelectronics, Teren.
The advanced co2 sensors market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced CO2 Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Advanced CO2 Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Advanced CO2 Sensors Market - Supply Chain
4.5. Global Advanced CO2 Sensors Market Forecast
4.5.1. Advanced CO2 Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Advanced CO2 Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Advanced CO2 Sensors Market Absolute $ Opportunity
5. Global Advanced CO2 Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Advanced CO2 Sensors Market Size and Volume Forecast by Type
5.3.1. NDIR CO2 Sensor
5.3.2. Chemical CO2 Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Advanced CO2 Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Advanced CO2 Sensors Market Size and Volume Forecast by Application
6.3.1. Building Automation
6.3.2. Air Conditioners
6.3.3. Air Purifier
6.3.4. Industrial
6.3.5. Healthcare
6.3.6. Automotive
6.3.7. Petrochemical
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Advanced CO2 Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Advanced CO2 Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Advanced CO2 Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Advanced CO2 Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Advanced CO2 Sensors Demand Share Forecast, 2019-2029
9. North America Advanced CO2 Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Advanced CO2 Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Advanced CO2 Sensors Market Size and Volume Forecast by Application
9.4.1. Building Automation
9.4.2. Air Conditioners
9.4.3. Air Purifier
9.4.4. Industrial
9.4.5. Healthcare
9.4.6. Automotive
9.4.7. Petrochemical
9.4.8. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Advanced CO2 Sensors Market Size and Volume Forecast by Type
9.7.1. NDIR CO2 Sensor
9.7.2. Chemical CO2 Sensor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Advanced CO2 Sensors Demand Share Forecast, 2019-2029
10. Latin America Advanced CO2 Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Advanced CO2 Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Advanced CO2 Sensors Market Size and Volume Forecast by Application
10.4.1. Building Automation
10.4.2. Air Conditioners
10.4.3. Air Purifier
10.4.4. Industrial
10.4.5. Healthcare
10.4.6. Automotive
10.4.7. Petrochemical
10.4.8. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Advanced CO2 Sensors Market Size and Volume Forecast by Type
10.7.1. NDIR CO2 Sensor
10.7.2. Chemical CO2 Sensor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Advanced CO2 Sensors Demand Share Forecast, 2019-2029
11. Europe Advanced CO2 Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Advanced CO2 Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Advanced CO2 Sensors Market Size and Volume Forecast by Application
11.4.1. Building Automation
11.4.2. Air Conditioners
11.4.3. Air Purifier
11.4.4. Industrial
11.4.5. Healthcare
11.4.6. Automotive
11.4.7. Petrochemical
11.4.8. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Advanced CO2 Sensors Market Size and Volume Forecast by Type
11.7.1. NDIR CO2 Sensor
11.7.2. Chemical CO2 Sensor
11.8. Basis Point Share (BS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Advanced CO2 Sensors Demand Share, 2019-2029
12. Asia Pacific Advanced CO2 Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Advanced CO2 Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Advanced CO2 Sensors Market Size and Volume Forecast by Application
12.4.1. Building Automation
12.4.2. Air Conditioners
12.4.3. Air Purifier
12.4.4. Industrial
12.4.5. Healthcare
12.4.6. Automotive
12.4.7. Petrochemical
12.4.8. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Advanced CO2 Sensors Market Size and Volume Forecast by Type
12.7.1. NDIR CO2 Sensor
12.7.2. Chemical CO2 Sensor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Advanced CO2 Sensors Demand Share, 2019-2029
13. Middle East & Africa Advanced CO2 Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Advanced CO2 Sensors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Advanced CO2 Sensors Market Size and Volume Forecast by Application
13.4.1. Building Automation
13.4.2. Air Conditioners
13.4.3. Air Purifier
13.4.4. Industrial
13.4.5. Healthcare
13.4.6. Automotive
13.4.7. Petrochemical
13.4.8. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Advanced CO2 Sensors Market Size and Volume Forecast by Type
13.7.1. NDIR CO2 Sensor
13.7.2. Chemical CO2 Sensor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Advanced CO2 Sensors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Advanced CO2 Sensors Market: Market Share Analysis
14.2. Advanced CO2 Sensors Distributors and Customers
14.3. Advanced CO2 Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vaisala
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SenseAir (Asahi Kasei)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Amphenol Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sensirion AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trane
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. E + E ELEKTRONIK
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Figaro
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gas Sensing Solutions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ati Airtest Technologies Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhengzhou Winsen Electronics Technology Co., Ltd. (Henan Hanwei Electronics)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Digital Control System Inc
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ELT SENSOR Corp.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wuhan Cubic Optoelectronics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Teren
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
