➣ Global Advanced Carbon Dioxide Sensors Market Overview
- Market Value in 2022: The global Advanced Carbon Dioxide Sensors market had a total value of US$ 591.2 million in 2022.
- Projected Market Value by 2029: The market is anticipated to reach US$ 948.5 million by 2029.
- Compound Annual Growth Rate (CAGR): This growth is projected to occur at a Compound Annual Growth Rate (CAGR) of 7.0% throughout the forecast period.
➣ Key Players:
- Major players in the global advanced CO2 sensors market include Siemens AG, Honeywell, Vaisala, SenseAir (Asahi Kasei), Amphenol Corporation, and others.
- The top 4 manufacturers collectively hold a market share exceeding 20%.
➣ Regional Distribution:
- Europe: Europe represents the largest market share, contributing over 30% of the global market.
- United States and China: The United States and China follow closely, each with a share exceeding 45%.
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➣ Product Segmentation:
- NDIR CO2 Sensor: Among the product segments, NDIR (Non-Dispersive Infrared) CO2 sensors dominate the market, accounting for more than 95% of the market share.
| Market size in 2022 | US$ 591.2 million | Forecast Market size by 2029 | US$ 948.5 million |
|---|---|---|---|
| Growth Rate | CAGR of 7.0% | Number of Pages | 72 Pages |
The Advanced CO2 Sensor is an instrument for the measurement of carbon dioxide gas. The most common principles for CO2 sensors are infrared gas sensors (NDIR) and chemical gas sensors. Measuring carbon dioxide is important in monitoring indoor air quality, the function of the lungs in the form of a capnograph device, and many industrial processes.
| Report Attributes | Report Details |
|---|---|
| Report Title |
Advanced Carbon Dioxide Sensors Market Size, Emerging Trends, Technological Advancements, and Business Strategies 2023-2032 |
| Market Size In 2022 | US$ 591.2 million |
| Market Size By 2029 | US$ 948.5 million |
| Growth Rate | CAGR of 7.0% |
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| By Product Type |
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| By Application |
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| By Connectivity |
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| By End-User |
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| Key Players |
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| Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
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| Base Year | 2022 |
| Forecast Year | 2030 |
| Number of Pages | 100+ Pages |
| Customization Available | Yes, the report can be customized as per your requirements. |
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.
- Global Advanced Carbon Dioxide Sensors Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Advanced Carbon Dioxide Sensors Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Advanced Carbon Dioxide Sensors companies in 2022 (%) We surveyed the Advanced Carbon Dioxide Sensors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
➣ Total Market by Segment:
Global Advanced Carbon Dioxide Sensors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Advanced Carbon Dioxide Sensors Market Segment Percentages, by Type, 2022 (%)
- Infrared Carbon Dioxide Sensor
- Catalytic Carbon Dioxide Sensor
- Heat Conduction Carbon Dioxide Sensor
Global Advanced Carbon Dioxide Sensors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Advanced Carbon Dioxide Sensors Market Segment Percentages, by Product Type, 2022 (%)
- NDIR CO2 Sensors (Non-Dispersive Infrared)
- Chemical CO2 Sensors
- PID CO2 Sensors (Photoionization Detectors)
Global Advanced Carbon Dioxide Sensors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Advanced Carbon Dioxide Sensors Market Segment Percentages, by Application, 2022 (%)
- Oil
- Chemical
- Metallurgical
- Biological
- Other
Global Advanced Carbon Dioxide Sensors Market, by Connectivity, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Advanced Carbon Dioxide Sensors Market Segment Percentages, by Connectivity, 2022 (%)
- Wired CO2 Sensors
- Wireless CO2 Sensors
Global Advanced Carbon Dioxide Sensors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Advanced Carbon Dioxide Sensors Market Segment Percentages, by End-User, 2022 (%)
- Manufacturing
- Commercial
- Residential
- Automotive
- Healthcare Facilities
- Agriculture
- Others
Global Advanced Carbon Dioxide Sensors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units) Global Advanced Carbon Dioxide Sensors Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
➣ Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Advanced Carbon Dioxide Sensors revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Advanced Carbon Dioxide Sensors revenues share in global market, 2022 (%)
- Key companies Advanced Carbon Dioxide Sensors sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Advanced Carbon Dioxide Sensors sales share in global market, 2022 (%)
➣ key players include:
- Amphenol Corp.
- Asahi Kasei Corp.
- Digital Control Systems Inc.
- E E Elektronik Ges.m.b.H
- Gas Sensing Solutions Ltd.
- Honeywell International Inc.
- Infineon Technologies AG
- Johnson Controls International Plc
- NEW COSMOS ELECTRIC Co. Ltd.
- RKI Instruments Inc.
- Schneider Electric SE
- Sensirion AG
- Siemens AG
- Trane Technologies plc
- Trolex Ltd.
- Vaisala Oyj
- Cubic Sensor and Instrument Co. Ltd.
➣ Market Trends:
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Rising Demand for Sensors in Emerging Applications:
Beyond traditional uses in HVAC and industrial monitoring, there’s a growing demand for carbon dioxide sensors in emerging applications like smart cities, connected homes, and wearable devices.
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Increasing Adoption of Specialized Sensors:
Specialized sensors such as non-dispersive infrared (NDIR) and photoacoustic (PA) sensors are gaining traction due to their enhanced accuracy and precision compared to traditional sensors.
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Shift to Wireless Sensors:
Wireless carbon dioxide sensors are on the rise, offering increased flexibility and convenience compared to wired counterparts. They enable real-time monitoring and easy installation in remote locations.
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Growing Demand for Low-Cost Sensors:
Low-cost carbon dioxide sensors are in demand for consumer applications. They find use in devices like smart thermostats and air purifiers, making them more accessible to the general population.
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Development of New Sensor Technologies:
Ongoing research is focused on developing innovative sensor technologies that improve performance, reduce costs, and shrink the size of carbon dioxide sensors. This includes technologies based on nanomaterials and MEMS (Micro-Electro-Mechanical Systems).
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FAQs –
Q. What is the projected market value of Advanced Carbon Dioxide Sensors by 2029?
A. The market is expected to reach $948.5 million by 2029.
Q. What is the compound annual growth rate (CAGR) of the market?
A. The market is projected to grow at a CAGR of 7.0%
Q. Which type of CO2 sensor dominates the market?
A. NDIR CO2 Sensors dominate the market, accounting for over 95% of the share.
Q. Which region holds the largest market share?
A. Europe holds the largest share, contributing over 30% of the market.