Market Overview:
The global carbon monoxide detector market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about carbon monoxide poisoning and its prevention among consumers, and the growing demand for portable CO detectors. Additionally, the increasing adoption of CO detectors in industrial and commercial applications is also contributing to the growth of this market. However, factors such as high installation costs and lack of standardization are restraining the growth of this market.
Product Definition:
A carbon monoxide detector is a device that senses the presence of carbon monoxide (CO) and warns the user. Carbon monoxide is a colorless, odorless gas that can cause death by asphyxiation.
Portable:
Portable is a device that can be transported from one place to another without any substantial changes. The portable devices are classified into two types: battery-powered and solar-powered. The CO detector market is segmented on the basis of product type as home safety, medical alert, fire safety & environmental protection products.
Stationary:
Stationary Carbon Monoxide (CO) detectors are used to detect the presence of carbon monoxide in various environments such as automotive, residential and commercial buildings. These detectors are also known as gas sensors or flame detectors. They work on the principle of infrared radiation which is emitted when carbon monoxide molecules encounter oxygen.
Application Insights:
The industrial or commercial use segment dominated the global carbon monoxide (CO) detector market in 2017, accounting for over 60.0% share of the overall revenue. The growing demand for detectors to monitor and maintain equipment reliability is expected to drive product demand in this segment over the forecast period. In addition, stringent regulations on monitoring levels and safety procedures at industrial facilities are anticipated to further propel industry growth during the study period.
Household is expected to be one of fastest-growing segments during the forecast period owing to rising awareness about personal safety among consumers across various regions globally including North America and Europe Asia Pacific Latin America Middle East & Africa Australia New Zealand).
Regional Analysis:
Asia Pacific is estimated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and commercial construction activities in developing countries, such as China and India. Furthermore, rising CO detectors sales to consumers in these regions due to growing concerns about safety is expected favorably impact industry growth.
Europe was valued at USD X billion in 2017 owing to high demand for fire safety equipment across several industries including manufacturing, oil & gas, transportation & warehousing among others across Europe especially Germany and U.K.
Growth Factors:
- Increasing awareness about the health hazards of carbon monoxide and the need for early detection
- Growing demand from residential sector as a result of increasing number of households
- Rising popularity of CO detectors among commercial establishments
- Stringent government regulations mandating the use of CO detectors in public places
- Technological advancements that have led to the development of more advanced and sensitive CO detectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Carbon Monoxide (CO) Detector Market Research Report
By Type
Portable, Stationary
By Application
Household, Industrial or Commercial Use
By Companies
City Technology Ltd, Figaro Engineering Inc., Dynament Ltd, Bosch Sensortec GmbH, Membrapor AG, Alphasense, Amphenol Advanced Sensors, Cambridge CMOS Sensor, Sensirion AG, AMS AG, Senseair AB, MSA
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Carbon Monoxide (CO) Detector Market Report Segments:
The global Carbon Monoxide (CO) Detector market is segmented on the basis of:
Types
Portable, Stationary
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
Household, Industrial or Commercial Use
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:
- City Technology Ltd
- Figaro Engineering Inc.
- Dynament Ltd
- Bosch Sensortec GmbH
- Membrapor AG
- Alphasense
- Amphenol Advanced Sensors
- Cambridge CMOS Sensor
- Sensirion AG
- AMS AG
- Senseair AB
- MSA
Highlights of The Carbon Monoxide (CO) Detector 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:
- Portable
- Stationary
- By Application:
- Household
- Industrial or Commercial Use
- 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 Carbon Monoxide (CO) Detector 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.
How you may use our products:
- Correctly Positioning New Products
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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?
A carbon monoxide detector is a device that detects the presence of carbon monoxide gas in an environment. Carbon monoxide is a poisonous gas that can cause serious health problems if inhaled or ingested.
Some of the major companies in the carbon monoxide (co) detector market are City Technology Ltd, Figaro Engineering Inc., Dynament Ltd, Bosch Sensortec GmbH, Membrapor AG, Alphasense, Amphenol Advanced Sensors, Cambridge CMOS Sensor, Sensirion AG, AMS AG, Senseair AB, MSA.
The carbon monoxide (co) detector market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Carbon Monoxide (CO) Detector Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Carbon Monoxide (CO) Detector Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Carbon Monoxide (CO) Detector Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Carbon Monoxide (CO) Detector Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Carbon Monoxide (CO) Detector Market Size & Forecast, 2018-2028 4.5.1 Carbon Monoxide (CO) Detector Market Size and Y-o-Y Growth 4.5.2 Carbon Monoxide (CO) Detector Market Absolute $ Opportunity
Chapter 5 Global Carbon Monoxide (CO) Detector Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Carbon Monoxide (CO) Detector Market Size Forecast by Type
5.2.1 Portable
5.2.2 Stationary
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Carbon Monoxide (CO) Detector Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Carbon Monoxide (CO) Detector Market Size Forecast by Applications
6.2.1 Household
6.2.2 Industrial or Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Carbon Monoxide (CO) Detector Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Carbon Monoxide (CO) Detector Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Carbon Monoxide (CO) Detector Analysis and Forecast
9.1 Introduction
9.2 North America Carbon Monoxide (CO) Detector Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Carbon Monoxide (CO) Detector Market Size Forecast by Type
9.6.1 Portable
9.6.2 Stationary
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Carbon Monoxide (CO) Detector Market Size Forecast by Applications
9.10.1 Household
9.10.2 Industrial or Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Carbon Monoxide (CO) Detector Analysis and Forecast
10.1 Introduction
10.2 Europe Carbon Monoxide (CO) Detector Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Carbon Monoxide (CO) Detector Market Size Forecast by Type
10.6.1 Portable
10.6.2 Stationary
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Carbon Monoxide (CO) Detector Market Size Forecast by Applications
10.10.1 Household
10.10.2 Industrial or Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Carbon Monoxide (CO) Detector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Carbon Monoxide (CO) Detector Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Carbon Monoxide (CO) Detector Market Size Forecast by Type
11.6.1 Portable
11.6.2 Stationary
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Carbon Monoxide (CO) Detector Market Size Forecast by Applications
11.10.1 Household
11.10.2 Industrial or Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Carbon Monoxide (CO) Detector Analysis and Forecast
12.1 Introduction
12.2 Latin America Carbon Monoxide (CO) Detector Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Carbon Monoxide (CO) Detector Market Size Forecast by Type
12.6.1 Portable
12.6.2 Stationary
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Carbon Monoxide (CO) Detector Market Size Forecast by Applications
12.10.1 Household
12.10.2 Industrial or Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Carbon Monoxide (CO) Detector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Carbon Monoxide (CO) Detector Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Carbon Monoxide (CO) Detector Market Size Forecast by Type
13.6.1 Portable
13.6.2 Stationary
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Carbon Monoxide (CO) Detector Market Size Forecast by Applications
13.10.1 Household
13.10.2 Industrial or Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Carbon Monoxide (CO) Detector Market: Competitive Dashboard
14.2 Global Carbon Monoxide (CO) Detector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 City Technology Ltd
14.3.2 Figaro Engineering Inc.
14.3.3 Dynament Ltd
14.3.4 Bosch Sensortec GmbH
14.3.5 Membrapor AG
14.3.6 Alphasense
14.3.7 Amphenol Advanced Sensors
14.3.8 Cambridge CMOS Sensor
14.3.9 Sensirion AG
14.3.10 AMS AG
14.3.11 Senseair AB
14.3.12 MSA