Global Advanced CO2 Sensors Market Growth 2023-2029

Global Advanced CO2 Sensors Market Growth 2023-2029

Product Code:457071

Published Date: Apr 26,2023

Pages: 113

Region: Global

Category: Electronics & Semiconductor

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The global Advanced CO2 Sensors market size is projected to grow from US$ 443.6 million in 2022 to US$ 697.1 million in 2029; it is expected to grow at a CAGR of 6.7% from 2023 to 2029.

Global advanced CO2 sensors key players include Murata, Amphenol, Sensirion and Cubic Sensor and Instrument. Global top 4 manufacturers hold a share about 36%. The global origins are mainly located in North America, Europe, China, Japan and South Korea. In terms of product, NDIR CO2 sensor is the largest segment, with a share about 99%. And in terms of application, the largest application is industrial, with a share about 27%.

A carbon dioxide (CO2) sensor is a device used to measure the concentration of carbon dioxide gas in the atmosphere. 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. NDIR CO2 sensors detect and monitor CO2 in the air based on the absorption of infrared (IR) light at a given wavelength. An IR lamp directs light waves through a tube towards a filter. The amount of IR light that passes the filter is measured by an IR light detector. Chemical CO2 gas sensors with sensitive layers based on polymer- or heteropolysiloxane have the principal advantage of very low energy consumption, and can be reduced in size to fit into microelectronic-based systems. On the downside, short- and long term drift effects as well as a rather low overall lifetime are major obstacles when compared with the NDIR measurement principle. Most CO₂ sensors are fully calibrated prior to shipping from the factory. Over time, the zero point of the sensor needs to be calibrated to maintain the long term stability of the sensor.

LPI (LP Information)' newest research report, the “Advanced CO2 Sensors Industry Forecast” looks at past sales and reviews total world Advanced CO2 Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Advanced CO2 Sensors sales for 2023 through 2029. With Advanced CO2 Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Advanced CO2 Sensors industry.

This Insight Report provides a comprehensive analysis of the global Advanced CO2 Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Advanced CO2 Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Advanced CO2 Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Advanced CO2 Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Advanced CO2 Sensors.

This report presents a comprehensive overview, market shares, and growth opportunities of Advanced CO2 Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    NDIR CO2 Sensor
    Chemical CO2 Sensor

Segmentation by application
    Industrial
    Building Automation
    Air Purifier
    Automotive
    Petrochemical
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Honeywell
    Siemens
    Vaisala
    SenseAir (Asahi Kasei)
    Murata
    Amphenol
    Sensirion
    Cubic Sensor and Instrument
    Trane
    E+E Elektronik
    Figaro
    Gas Sensing Solutions
    Digital Control Systems
    Zhengzhou Winsen Electronics
    ELT SENSOR

Key Questions Addressed in this Report
What is the 10-year outlook for the global Advanced CO2 Sensors market?
What factors are driving Advanced CO2 Sensors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Advanced CO2 Sensors market opportunities vary by end market size?
How does Advanced CO2 Sensors break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?