NEW YORK, Aug. 24, 2023 /PRNewswire/ -- The advanced carbon dioxide sensors market size is estimated to grow by USD 283.27 million from 2022 to 2027. The market is estimated to accelerate at a CAGR of 6.64%, according to Technavio. Download a Sample Report Now!
Advanced Carbon Dioxide Sensors Market Insights -
- Company: 15+, Including Aeroqual Ltd., Airtest Technologies Inc., AMETEK Inc., Amphenol Corp., Asahi Kasei Corp., Digital Control Systems Inc., E E Elektronik Ges.m.b.H, Gas Sensing Solutions Ltd., Honeywell International Inc., Infineon Technologies AG, Johnson Controls International Plc, NEW COSMOS ELECTRIC Co. Ltd., RKI Instruments Inc., Schneider Electric SE, Sensirion AG, Siemens AG, Trane Technologies plc, Trolex Ltd., Vaisala Oyj, and Cubic Sensor and Instrument Co. Ltd, among others.
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and company landscape; vendor product insights and recent developments; key vendors; and market positioning of companies
- Segments: Product (NDIR and Chemical), fitting (wall-mount and retrofit), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)
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Advanced Carbon Dioxide Sensors Market - Company Insights
The growing competition in the market is compelling companies to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market companies, including Aeroqual Ltd., Airtest Technologies Inc., AMETEK Inc., Amphenol Corp., Asahi Kasei Corp., Digital Control Systems Inc., E E Elektronik Ges.m.b.H, Gas Sensing Solutions Ltd., Honeywell International Inc., Infineon Technologies AG, Johnson Controls International Plc, NEW COSMOS ELECTRIC Co. Ltd., RKI Instruments Inc., Schneider Electric SE, Sensirion AG, Siemens AG, Trane Technologies plc, Trolex Ltd., Vaisala Oyj, and Cubic Sensor and Instrument Co. Ltd, among others.
Advanced Carbon Dioxide Sensors Market – Market Dynamics
Major Drivers -
The proliferation of advanced submersible carbon dioxide sensors in emerging markets drives market growth during the forecast period.
Significant Trends -
The rise in institutional use of advanced carbon dioxide sensors is an emerging trend in the advanced carbon dioxide sensors market during the forecast period.
Key Challenges -
The interoperability problem is a major challenge hindering the market growth during the forecast period. As the new equipment may not be compatible with existing lighting, heat pumps, or other systems it can lead to f interoperability between hardware components when installing advanced CO2 sensors in buildings and building automation solutions. Furthermore, these interoperability issues in older buildings like government buildings can hinder the development of technology and product upgrades across the building automation and control systems sector. Additionally, several market players offer products that cannot be utilized with another company's products. Hence, such issues can negatively impact the end-user as they have to depend on a particular market player which can cost them a huge amount of money. Hence, such factors are expected to hinder market growth during the forecast period.
The advanced carbon dioxide sensors market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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What are the key data covered in this Advanced Carbon Dioxide Sensors Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the advanced carbon dioxide sensors market between 2023 and 2027
- Precise estimation of the advanced carbon dioxide sensors market size and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the advanced carbon dioxide sensors market across North America, Europe, APAC, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of advanced carbon dioxide sensors market players.
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Advanced Carbon Dioxide Sensors Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.64% |
Market growth 2023-2027 |
USD 283.27 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.3 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 28% |
Key countries |
US, United Arab Emirates, China, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Aeroqual Ltd., Airtest Technologies Inc., AMETEK Inc., Amphenol Corp., Asahi Kasei Corp., Digital Control Systems Inc., E E Elektronik Ges.m.b.H, Gas Sensing Solutions Ltd., Honeywell International Inc., Infineon Technologies AG, Johnson Controls International Plc, NEW COSMOS ELECTRIC Co. Ltd., RKI Instruments Inc., Schneider Electric SE, Sensirion AG, Siemens AG, Trane Technologies plc, Trolex Ltd., Vaisala Oyj, and Cubic Sensor and Instrument Co. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and 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 Sizing
Historic Market Size
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Fitting
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 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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Website: www.technavio.com
SOURCE Technavio
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