Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global CO2 Sensors Market by Type (Chemical CO2 Sensors, NDIR CO2 Sensors), By Application (Medical, Petrochemical, Automotive, Building automation and domestic appliance, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global CO2 Sensors Market by Type (Chemical CO2 Sensors, NDIR CO2 Sensors), By Application (Medical, Petrochemical, Automotive, Building automation and domestic appliance, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 431152 4200 Electronics & Semiconductor 377 168 Pages 4.8 (35)
                                          

Market Overview:


The global CO2 sensors 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 demand for CO2 sensors in medical and automotive applications. Additionally, the growing awareness about energy efficiency is also propelling the growth of the global CO2 sensors market. The chemical CO2 sensor segment is expected to hold a major share of the global CO2 sensors market during the forecast period. This segment is mainly driven by its wide application in medical and automotive applications.


Global CO2 Sensors Industry Outlook


Product Definition:


A CO2 sensor is a device that senses the concentration of carbon dioxide (CO2) in the atmosphere. The concentration of CO2 in the atmosphere can be an indicator of air quality and environmental health.


Chemical CO2 Sensors:


CO2 sensors are used to measure the concentration of Carbon Dioxide (CO2) in a gas or liquid. They are also used to monitor the temperature of gases and liquids, by detecting their infrared radiation. The technology is gaining popularity owing to its ability to provide accurate results with minimal maintenance, making it suitable for use in residential applications such as greenhouse farming and smart homes.


NDIR CO2 Sensors:


NDIR CO2 sensors are used to measure the concentration of Carbon Dioxide in the atmosphere. The sensor consists of a semiconductor that is heated to its Curie temperature, which causes it to emit infrared light. This light is absorbed by a detector which gives out an analog signal representing the detected amount of carbon dioxide.


The major advantage provided by these sensors is that they provide accurate results even at high temperatures.


Application Insights:


The global market has been segmented into six major applications, namely medical, Petrochemical, automotive, building automation and domestic appliances (OA&D), food processing and packaging machinery industry (FPM), and others. The medical application dominated the overall market in terms of revenue as well as volume in 2017. This is attributed to the rising prevalence of chronic diseases such as heart disease, cancer etc., which are associated with high carbon dioxide levels.


Petroleum & chemical was another prominent segment owing to growing demand for chemicals across various end-use industries including construction materials manufacturing and oil & gas sector. In addition to this growth drivers such as increasing use of plastics in automobiles will further propel product demand over the forecast period. Building automation & domestic appliances is expected to be one of the fastest-growing segments during the study period on account of growing technological advancements coupled with rising consumer awareness regarding energy consumption patterns at home or office buildings globally.


Regional Analysis:


North America dominated the global market in 2017 owing to the presence of a large number of chemical manufacturing companies. The region is expected to witness moderate growth over the forecast period, which can be attributed to strict environmental regulations and rising demand for energy efficiency.


The U.S., being an industrial nation, has a well-established oil & gas industry that uses chemicals as one of its primary raw materials. Thus, it is anticipated that North America will continue witnessing steady growth in demand for CO2 sensors over the forecast period due to rising petrochemical production activities across major economies such as China and India.


Europe was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030 owing herringbone layout pattern used by early European settlers called Layers System developed by Dr Hernan Diaz de la Vega (1573).


Growth Factors:


  • Increasing demand for CO2 sensors in automobiles for efficient fuel combustion and emission control
  • Rising demand from the medical sector for monitoring patients’ respiration and blood-carbon levels
  • Growing popularity of IoT-enabled devices, which require CO2 sensors for accurate detection and measurement of carbon dioxide levels
  • Proliferation of data centers across the globe, which need efficient monitoring of carbon dioxide levels to maintain an optimal operating environment
  • Increased focus on energy conservation by governments worldwide, necessitating deployment of CO2 sensors in various industrial sectors

Scope Of The Report

Report Attributes

Report Details

Report Title

CO2 Sensors Market Research Report

By Type

Chemical CO2 Sensors, NDIR CO2 Sensors

By Application

Medical, Petrochemical, Automotive, Building automation and domestic appliance, Others

By Companies

Siemens AG, Amphenol Corporation, Honeywell, Johnson Controls, E + E ELEKTRONIK, Vaisala, SenseAir, SICK AG, Trane, Gas Sensing Solutions, GE Measurement and Control Solutions, Digital Control Systems Inc

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

168

Number of Tables & Figures

118

Customization Available

Yes, the report can be customized as per your need.


Global CO2 Sensors Market Report Segments:

The global CO2 Sensors market is segmented on the basis of:

Types

Chemical CO2 Sensors, NDIR CO2 Sensors

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

Medical, Petrochemical, Automotive, Building automation and domestic appliance, 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:

  1. Siemens AG
  2. Amphenol Corporation
  3. Honeywell
  4. Johnson Controls
  5. E + E ELEKTRONIK
  6. Vaisala
  7. SenseAir
  8. SICK AG
  9. Trane
  10. Gas Sensing Solutions
  11. GE Measurement and Control Solutions
  12. Digital Control Systems Inc

Global CO2 Sensors Market Overview


Highlights of The CO2 Sensors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Chemical CO2 Sensors
    2. NDIR CO2 Sensors
  1. By Application:

    1. Medical
    2. Petrochemical
    3. Automotive
    4. Building automation and domestic appliance
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Global CO2 Sensors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A CO2 sensor is a device that measures the concentration of carbon dioxide in the air. This information can be used to monitor environmental conditions, such as climate change.

Some of the key players operating in the co2 sensors market are Siemens AG, Amphenol Corporation, Honeywell, Johnson Controls, E + E ELEKTRONIK, Vaisala, SenseAir, SICK AG, Trane, Gas Sensing Solutions, GE Measurement and Control Solutions, Digital Control Systems Inc.

The co2 sensors market is expected to grow at a compound annual growth rate of 6.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CO2 Sensors 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 CO2 Sensors Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 CO2 Sensors 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 CO2 Sensors 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 CO2 Sensors Market Size & Forecast, 2020-2028       4.5.1 CO2 Sensors Market Size and Y-o-Y Growth       4.5.2 CO2 Sensors Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 Chemical CO2 Sensors
      5.2.2 NDIR CO2 Sensors
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Medical
      6.2.2 Petrochemical
      6.2.3 Automotive
      6.2.4 Building automation and domestic appliance
      6.2.5 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global CO2 Sensors 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 CO2 Sensors 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 Chemical CO2 Sensors
      9.6.2 NDIR CO2 Sensors
   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  Market Size Forecast by Applications
      9.10.1 Medical
      9.10.2 Petrochemical
      9.10.3 Automotive
      9.10.4 Building automation and domestic appliance
      9.10.5 Others
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 Chemical CO2 Sensors
      10.6.2 NDIR CO2 Sensors
   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  Market Size Forecast by Applications
      10.10.1 Medical
      10.10.2 Petrochemical
      10.10.3 Automotive
      10.10.4 Building automation and domestic appliance
      10.10.5 Others
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 Chemical CO2 Sensors
      11.6.2 NDIR CO2 Sensors
   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  Market Size Forecast by Applications
      11.10.1 Medical
      11.10.2 Petrochemical
      11.10.3 Automotive
      11.10.4 Building automation and domestic appliance
      11.10.5 Others
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 Chemical CO2 Sensors
      12.6.2 NDIR CO2 Sensors
   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  Market Size Forecast by Applications
      12.10.1 Medical
      12.10.2 Petrochemical
      12.10.3 Automotive
      12.10.4 Building automation and domestic appliance
      12.10.5 Others
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 Chemical CO2 Sensors
      13.6.2 NDIR CO2 Sensors
   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)  Market Size Forecast by Applications
      13.10.1 Medical
      13.10.2 Petrochemical
      13.10.3 Automotive
      13.10.4 Building automation and domestic appliance
      13.10.5 Others
   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 CO2 Sensors Market: Competitive Dashboard
   14.2 Global CO2 Sensors Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Siemens AG
      14.3.2 Amphenol Corporation
      14.3.3 Honeywell
      14.3.4 Johnson Controls
      14.3.5 E + E ELEKTRONIK
      14.3.6 Vaisala
      14.3.7 SenseAir
      14.3.8 SICK AG
      14.3.9 Trane
      14.3.10 Gas Sensing Solutions
      14.3.11 GE Measurement and Control Solutions
      14.3.12 Digital Control Systems Inc

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