NEW YORK, July 18, 2022 /PRNewswire/ — The latest market analysis report titled Advanced Carbon Dioxide Sensors Market by Fitting, Product, and Geography – Forecast and Analysis 2020-2024 has been added to Technavio’s catalog. The report predicts the market to witness a potential growth difference of USD 56.95 million from 2019 to 2024, as per the latest market analysis report. The analysts at Technavio have predicted the market to witness an accelerating growth momentum at a CAGR of 10.04%. Technavio categorizes the global advanced carbon dioxide (CO2) sensors market as a part of the global electronic equipment and instruments market within the overall electronics market. The growth of the construction industry is one of the major factors driving advanced carbon dioxide sensors market growth. In addition, rapid urbanization will emerge as one of the key advanced carbon dioxide sensors market trends influencing market growth. However, interoperability problems are a major threat to the growth of the advanced carbon dioxide sensors market.
Key Market Dynamics and their Impact Analysis is available with Technavio. View PDF Sample
Advanced Carbon Dioxide (CO2) Sensors Market Segmentation Insights
Revenue-Generating Segment Insights
- Fitting
- Wall-mount: The wall-mount fitting segment held the largest advanced CO2 sensors market share in 2019. The segment will continue to account for the highest market revenue throughout the forecast period. The wall-mount advanced CO2 sensors are used in specific areas such as conference rooms, classrooms, and meeting halls. The adoption of CO2 sensors in homes, offices, and schools is expected to fuel the growth of the wall-mount segment in the advanced carbon dioxide sensors market in the coming years.
- Retrofit
Regional Opportunities
- Geography
- North America: 37% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for advanced carbon dioxide (CO2) sensors market in North America. Market growth in this region will be slower than the growth of the market in regions. The increasing applications of advanced CO2 sensors will facilitate the advanced carbon dioxide (CO2) sensors market growth in North America over the forecast period.
- APAC
- Europe
- South America
Get Segment-based Market Share Contribution and Regional Insights as you Request for Sample Report
Advanced Carbon Dioxide (CO2) Sensors Market Vendor Landscape
- The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.
- Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
- The advanced carbon dioxide (CO2) sensors market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Top Market Players Covered in the Report are:
- Amphenol Corp.: The company, offers different varieties of CO2 sensors such as CO2 Sensor Module, Dual Channel CO2 Sensor Module, and Miniature CO2 Sensor Modules series.
- Asahi Kasei Corporation: The company manufactures different variants of CO2 sensors including IoT connected IAQ monitor, Battery powered and IoT connected IAQ Monitor, Miniature, low power sensor for CO2 sensing, Advanced onBoard design for HVAC applications, and more.
- Digital Control Systems Inc.: The company offers CO2 Sensors which are used in HVAC and Greenhouse Industries, Incubators, and environmental rooms.
- E + E Elektronik Ges.m.b.H: The company offers a Room wireless transmitter for temperature, humidity and CO2, Modular Wireless Transmitter for Temperature, Humidity and CO2, and Base Station.
- Gas Sensing Solutions Ltd (GSS): The company offers a different range of CO2 sensors such as Low power sensors, High-speed sensors, Robust Sensors, and Evaluation Kits.
Some other dominant players covered in the report are:
- Honeywell International Inc.
- Johnson Controls International Plc
- SICK AG
- Siemens AG
- Vaisala Oyj
Want to know about the product offering and strategic initiatives from contributing vendors, Download PDF Sample
Advanced Carbon Dioxide (CO2) Sensors Market Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The advanced carbon dioxide (co2) sensors market report covers the following areas:
- Advanced Carbon Dioxide (CO2) Sensors Market Size
- Advanced Carbon Dioxide (CO2) Sensors Market Trends
- Advanced Carbon Dioxide (CO2) Sensors Market Industry Analysis
Advanced Carbon Dioxide (CO2) Sensors Market FAQs
- Which is the latest market trend taking the market by the storm?
- What are some of the most influential market drivers, restraints, and opportunities (DROs)?
- What are the historical and projected revenue values and CAGR percentage?
- Which strategic initiatives will influence competitive scenarios and define the market growth potential?
- Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
- Who are the top market share contributors and their latest organizational restructuring plans?
Got more queries? Have all your questions answered with the report with this Sample PDF
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| Advanced Carbon Dioxide (CO2) Sensors Market Scope | |
| Report Coverage | Details |
| Page number | 120 |
| Base year | 2019 |
| Forecast period | 2020-2024 |
| Growth momentum & CAGR | Accelerate at a CAGR of 10.04% |
| Market growth 2020-2024 | USD 56.95 million |
| Market structure | Fragmented |
| YoY growth (%) | 7.90 |
| Regional analysis | North America, APAC, Europe, South America, North America, APAC, Europe, and South America |
| Performing market contribution | North America at 37% |
| Key consumer countries | US, Germany, and China |
| Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
| Companies profiled | Amphenol Corp., Asahi Kasei Corporation, Digital Control Systems Inc., E + E Elektronik Ges.m.b.H, Gas Sensing Solutions Ltd (GSS), Honeywell International Inc., Johnson Controls International Plc, SICK AG, Siemens AG, and Vaisala Oyj |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- NDIR – Market size and forecast 2020-2025
- Chemical – Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by Fitting
- Market segments
- Comparison by Fitting
- Wall-mount – Market size and forecast 2020-2025
- Retrofit – Market size and forecast 2020-2025
- Market opportunity by Fitting
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2025
- Europe – Market size and forecast 2020-2025
- APAC – Market size and forecast 2020-2025
- MEA – Market size and forecast 2020-2025
- South America – Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor Landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amphenol Corp.
- Asahi Kasei Corp.
- Digital Control Systems Inc.
- E + E Elektronik Ges.m.b.H
- Gas Sensing Solutions Ltd (GSS)
- Honeywell International Inc.
- Johnson Controls International Plc
- SICK AG
- Siemens AG
- Vaisala Oyj
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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