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Carbon Dioxide Sensor Market by Type (Non-Dispersive Infrared Sensor and Chemical Sensor), Application (Indoor and Outdoor), and Industrial Vertical (Automotive, Medical & Healthcare, Oil & Gas, and Metal & Mining): Global Opportunity Analysis and Industry Forecast, 2019–2026

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Dec 2019 | 78 Views
 
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Carbon Dioxide Sensor Market Outlook-2026

Carbon dioxide sensors are devices, which are used for sensing the level of carbon dioxide present in fluids like air, water, and plasma. The sensors measure the concentration of carbon dioxide present in the closed system like aquariums or open system like atmosphere. These sensors have varied application like measurement of CO2 emission from the automobile exhaust system, air quality measurement, and food spoilage detection. The increased emission of carbon content in the air has increased the use of carbon dioxide sensors. The sensor also finds application in mining, decaffeination, landfill gas, marine vessels, indoor air quality, and exhaust gas analyzer. The advancement in precision of CO2 sensor has increased its use in various industrial verticals like automotive, medical and healthcare, and manufacturing. Therefore, the ease of use and simple architecture of these sensors boost the carbon dioxide sensor market growth.

The factors including demand for superior air quality in the cities across the world, the advancement in precision of the carbon dioxide sensors in various environments, government regulation for control in gas emission in manufacturing industries, and automobiles. The increased emission of hazardous carbon particles from various industrial sectors, which has led industries to use air quality control sensors, which have integrated carbon dioxide sensors. In addition, the governments round the globe has made policies to curb the effect of global warming through various international pact such as Paris agreement and also issuing protocols within the countries, states and cities. This results in mandatory use of air filter systems, which consists of CO2 sensors.

A large share in air pollution is from the increase in use as well as rise in sale of automobiles due to various finance schemes of the banks that has made it easy to own vehicles. So, the government in several countries has issued protocols to the car manufacturers and consumers to use vehicles with certain standard of exhaust system, which has led to the installation of carbon dioxide sensors in the vehicles. For instance, Apex court of India has announced barring the use of Bharat Stage IV vehicles and adoption of Bharat stage VI vehicle by 2020. Therefore, the global carbon dioxide sensor market is expected to grow during the projected period.
The advancement of CO2 sensor such as its increased precision with change in humidity, temperature, and altitude. However, the bulky build and high price are the factors anticipated to limit the carbon dioxide sensor market growth. Further, the construction of smart cities in the developed and developing nation will have installation of air purifiers and air quality control systems for outdoor and indoor applications. Therefore, the market of carbon dioxide sensor is expected to grow significantly in the future.

The carbon dioxide sensor market can be segmented on the basis of type, application, industrial vertical, and region. On the basis of type, it is classified into NDIR CO2 sensors and chemical CO2 sensor. On the basis of application, it is categorized into indoor and outdoor. On the basis of industrial vertical, it is divided into automotive, food & beverages, medical & healthcare, oil & gas, and metal & mining. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players covered in the report include Pepperl+Fuchs GmbH, Sick AG, General Electric, Johnson Controls, Hans Turck GmbH & Co., Honeywell, Amphenol Advanced Sensor, Digital Control Systems Inc., Siemens, and Gas Sensing solutions.

KEY BENEFITS FOR STAKEHOLDERS

  • This study includes the analytical depiction of the global carbon dioxide sensor market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities.
  • The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

KEY MARKET SEGMENTS

By Type

  • NDIR 
  • Chemical
  • By Application
  • Indoor
  • Outdoor

By Industrial Vertical

  • Automotive
  • Food & Beverages
  • Medical & Healthcare
  • Oil & Gas
  • Metal & Mining

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany 
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 
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