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The global advanced carbon dioxide (CO2) sensors market grew at a CAGR of around 6% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Advanced carbon dioxide (CO2) sensors refer to next-generation sensors used for measuring the concentration of CO2 in air, water and plasma. Some of the commonly used sensors include electrochemical, photoionizing detectors (PID), catalytic, infrared, laser and holographic. They are used in terrariums and automobile exhausts and air quality measurement and food spoilage detection systems as they can automatically adjust in response to the changes in temperature, humidity and altitude. As a result, these sensors are widely used for maintaining indoor air quality and minimizing energy consumption and CO2 levels in closed spaces.
Significant growth in the automotive, healthcare and petrochemical industries across the globe is one of the key factors creating a positive outlook for the market. Furthermore, the increasing requirement for industrial automation is providing a thrust to the market growth. Advanced CO2 sensors are used in industrial, residential and commercial complexes to monitor and control the levels of pollutants present in the air. In line with this, the increasing awareness regarding the prevention of wide-scale contamination of water bodies and atmosphere with toxic substances and fumes released from factories, is also contributing to the rising demand for these sensors. Various technological advancements, such as the integration of wireless sensors with the Internet of Things (IoT) and the production of 3D printed sensors, are acting as other growth-inducing factors. These sensors are utilized in smart buildings to monitor indoor air quality and facilitate automation in smart cities. Other factors, such as the miniaturization of sensors, along with extensive research and development (R&D) activities and the emerging trend of smart construction, especially in developing economies, are anticipated to drive the market further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global advanced carbon dioxide (CO2) sensors market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, connectivity and end use industry.
Breakup by Product:
Breakup by Connectivity:
Breakup by End Use Industry:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Amphenol Corporation, Asahi Kasei Corporation, Balluff GmbH, Gas Sensing Solutions Ltd., Honeywell International Inc., Johnson Controls International, Sick AG, Siemens Aktiengesellschaft, Vaisala Oyj and Veris Industries LLC (Schneider Electric).
|Base Year of the Analysis||2020|
|Segment Coverage||Product, Connectivity, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Amphenol Corporation, Asahi Kasei Corporation, Balluff GmbH, Gas Sensing Solutions Ltd., Honeywell International Inc., Johnson Controls International, Sick AG, Siemens Aktiengesellschaft, Vaisala Oyj and Veris Industries LLC (Schneider Electric)|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 2299
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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