Advanced Carbon Dioxide (CO2) Sensors Market Trends Size, Share, Analysis and Forecast 2026
According to IMARC Group’s latest report, titled “Advanced Carbon Dioxide (CO2) Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global market grew at a CAGR of around 6% during 2015-2020. Advanced carbon dioxide (CO2) sensors are widely used to monitor the intensity of CO2 present in the air, water and plasma. These advanced sensors can automatically adjust to the change in humidity, temperature, and altitude. Since measuring carbon dioxide is vital to improving indoor air quality, these sensors are increasingly deployed across numerous spaces. Some of the commonly utilized sensors include photoacoustic, chemical CO2, and nondispersive infrared (NDIR) CO2 sensors.
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The global market is primarily
driven by an enhanced focus on sustainable development. In line with this,
rapid industrialization and the rising CO2 emission across the globe have led
to a considerable rise in the demand for advanced CO2 sensors. Apart from this,
the increasing wastewater discharge by numerous industries has provided a boost
to the uptake of these sensors to effectively measure and keep track of the CO2
levels and other gases present in water bodies. Moreover, continual technological
advancements, such as the introduction of 3D printed sensors, have also
provided an impetus to the market growth. Other factors, including significant
growth in the chemical and petrochemical industry and the emerging trend of
smart construction, are further contributing to the market growth. Looking
forward, IMARC Group expects the global advanced carbon dioxide (CO2) sensors
market to exhibit moderate growth during 2021-2026.
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As the novel coronavirus (COVID-19) crisis takes
over the world, we are continuously tracking the changes in the markets, as
well as the industry behaviors of the consumers globally and our estimates
about the latest market trends and forecasts are being done after considering
the impact of this pandemic.
Competitive Landscape
with Key Players:
- Amphenol
Corporation
- Asahi
Kasei Corporation
- Balluff
GmbH
- Gas
Sensing Solutions Ltd.
- Honeywell
International Inc.
- Johnson
Controls International
- Sick AG
- Siemens
Aktiengesellschaft
- Vaisala
Oyj
- Veris
Industries LLC (Schneider Electric)
Key Highlights of the
Market Segmentation:
Breakup by Product:
- Non-Dispersive
Infrared (NDIR) CO2Sensors
- Chemical
CO2Sensors
Breakup by
Connectivity:
- Wired
CO2Sensors
- Wireless
CO2Sensors
Breakup by End Use
Industry:
- Healthcare
- Automotive
- Petrochemical
- Building
Automation
- Consumer
Electronics
- Others
Breakup by Region:
- North
America (United States, Canada)
- Europe
(Germany, France, United Kingdom, Italy, Spain, Others)
- Asia
Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin
America (Brazil, Mexico, Others)
- Middle
East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the
report:
- Market
Performance (2015-2020)
- Market
Outlook (2021-2026)
- Market
Trends
- Market
Drivers and Success Factors
- Impact
of COVID-19
- Value
Chain Analysis
- Comprehensive
mapping of the competitive landscape
If you need specific
information that is not currently within the scope of the report, we will
provide it to you as a part of the customization.
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organizations. Market forecasts and industry analysis for biotechnology,
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nanotechnology and novel processing methods are at the top of the company’s
expertise.
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