This market analysis segments the global advanced CO2 sensors market by type (NDIR CO2 sensors and chemical CO2 sensors) and by geography (EMEA, Americas, and the APAC). Leading vendors analyzed in this market study are Digital Control Systems, GE, Honeywell, and Johnson Controls.
Technavio’s market research analysts estimate the global advanced CO2 sensors market to grow at a rapid pace, owing to augmented demand for location-specific advanced CO2 sensors. These sensors are calibrated according to the altitude of the location where the sensor is going to be deployed. The EMEA region dominates the global market for advanced COD sensors, covering around 44% of the total market share. Increased usage of advanced CO2 sensors for smart buildings is one of the major revenue contributing factors of this region’s growth.
The new market research report from Technavio provides a breakdown and analysis of the advanced CO2 sensors segments by technology.
“One of the interesting trends emerging in this market is the increased adoption of advanced CO2 sensors in classrooms. Various benefits such as better health conditions for students, moisture control, energy savings, and greenhouse gas reduction have encouraged schools to implement advance CO2 sensors in their classrooms. It lowers the students’ non-attendance and enhances their performance by maintaining adequate ventilation in the classrooms,” says Navin Rajendra, Lead Analyst, IT Hardware, Technavio Research.
Growing awareness about global warming has led to the increased adoption of advanced environment monitoring technologies for monitoring the emission of harmful gases. Governments and automobile users across the world are adopting these advanced CO2 sensors for better air pollution measurement and control systems. Also, the environmental scientists are increasingly using these to measure and track the intensity of CO2 in the atmosphere.
The leading vendors in the global advanced CO2 sensors market include Digital Control Systems, GE, Honeywell, and Johnson Controls. This market is highly fragmented as most of the vendors in this market are yet to establish themselves as prominent players with extensive product offerings. Since this market is still in its nascent stage, analysts estimate intense competition between vendors to drive market growth during the forecast period.
A more detailed analysis is available in the Technavio report, Global Advanced CO2 Sensors Market 2015-2019.
We can customize reports by other regions and specific segments upon request.
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