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Europe Advanced CO2 Sensor Market by Type, Applications, Deployment, Trends & Demands – Global Forecast to 2022

Europe Advance CO2 Sensor Market, By Manufacturers, By Type (NDIR Sensor, Chemical Sensor), By Application (Medical, Petrochemical, Automotive, Environmental), Forecast 2022 


Market Synopsis

Advanced CO2 sensors help to monitor the intensity of CO2 in different mediums like air or water and can adjust automatically to changes in temperature, humidity, and altitude. This market is an integral part of the global sensors market and is heavily influenced by the augmented demand for location-based advanced CO2 sensors, which results in its impressive CAGR. Rising need for better air pollution measurement systems, to drive market growth during the forecast period.

 

Increased Institutional Usage of CO2 Sensor and Increasing Government Initiatives and Regularizes for Controlling Air Pollution are some of the major drivers that exhibits the growth of Europe Advanced CO2 sensor market. The potential, demand, and usage of advanced CO2 sensor in various applications have increased support from governments worldwide. Recently in July 2019, The U.S. Department of Energy invested $11.5 Million to Advance Geologic Carbon Storage and Geothermal Exploration which will capture the carbon pollution from the burning of fossil fuels and improves renewable geothermal resources – both of which will help to make the air purify.

 

With the increase in population there is drastic increase in the infrastructure. So with the increase in the real estate industry, there are many different indoor pollutants came into picture that includes from volatile organic compound such as paints and new furnishing to pollutants from chemical uses, equipment and cleaning processes. Carbon-dioxide is a part of every breath we take, and as we emit it, then it becomes a proxy for other pollutants and shows that the ventilation systems are working properly or not. While CO2 is not a pollutant it have an effect on humans, with increase in the level humans feel sleepy and sluggish, due to which it becomes difficult for the person to focus on the work and results into less productive.

 

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Thus, to overcome with the above concerns the need of air pollution measurement systems has been increased. These systems are enabled with sensors like advance CO2 which helps to purify the air, which leads to the proper ventilation.

 

In this market analysis, analysts estimate the non-dispersive infrared (NIDR) CO2 sensors segment to account for nearly 83% of the total market share by 2019.  The long lifespan, stability, and high humidity and dirt-withstanding nature of IR sensors are responsible for its high market share during the forecast period.

Key Findings

  • Europe Advanced CO2 sensor market is expected to grow up to 3.6 Billion by 2021 with a CAGR of 14.6%.
  • Honeywell is expected to be the market leader with 24% in Advanced CO2 Sensor among all European region.
  • NDIR will gain a Europe Advanced CO2 sensor market with approximately 83%.
  • By Application, Building Automation and Domestic Appliance holds the largest market growing with approximately 22.43% by the end of forecast period.
  • Geographically, China has been projected to have the market share of USD 69 Million by the end of the forecasted period

 

Key Players  

The key players of Europe Advanced CO2 Sensor Market are Amphenol Corporation (U.S.), Honeywell International Inc.(U.S.), Johnson Control (Ireland), Simens AG (Germany), Ati Airtest Technologies Inc. (U.S.), Sick AG (Germany), Gas Sensing Solution (U.K), Trane ( Subsidary Of Ingresoll Land) (Ireland), Senseair AB (Sweden), E+E Elektronik (Austria), Bluesens (Germany), Digital Control System Inc. (U.S.), Vertiss Industries (U.S.) and among others.

 

Global Europe Advanced CO2 Sensor Market Analysis & Forecast, from 2019 to 2022

  • To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in Europe Advanced CO2 Sensor market with analysis of its development and demand in the market
  • Upcoming technologies, high growth geographies and countries were identified
  • Regional and country specific demand and forecast for Europe Advanced CO2 Sensor were studied
  • Key segments covered in the report are: manufacture, type, application.
  • Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor
  • For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
  • Historical trend is identified to forecast and estimate the future value data

 

Target Audience

  • Technology investors
  • End-user industries
  • Research & consultant organization
  • Market players
  • Government

 

LIST OF TABLES

TABLE 1 AMPHENOL CORPORATION BASIC INFORMATION, MANUFACTURING BASE AND COMPETITORS 10

TABLE 2 ADVANCED CO2 SENSORS TYPE AND APPLICATIONS 11

TABLE 3 HONEYWELL BASIC INFORMATION, MANUFACTURING BASE AND COMPETITORS 12

TABLE 4 ADVANCED CO2 SENSORS TYPE AND APPLICATIONS 13

TABLE 5 JOHNSON CONTROLS BASIC INFORMATION, MANUFACTURING BASE AND COMPETITORS 14

Continued…….

 

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LIST OF FIGURES

FIGURE 1 EUROPE ADVANCED CO2 SENSORS REVENUE MARKET SHARE BY MANUFACTURER IN 2015 37

FIGURE 2 EUROPE ADVANCED CO2 SENSORS REVENUE MARKET SHARE BY MANUFACTURER IN 2019 38

FIGURE 3 EUROPE NDIR CO2 SENSORS SALES GROWTH (2011-2019) 41

FIGURE 4 FIGURE EUROPE NDIR CO2 SENSORS PRICE (2011-2019) 41

FIGURE 5 PRODUCT PICTURE OF NDIR CO2 SENSORS 42

Continued……..

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

 

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

 

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About Peter Ron

Peter is a Regular contributor to Tribune updates, he specializes in industry research, He also contributes to various online blogs

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