Global Carbon Monoxide Gas Sensors Market - Segmented by Type (Wired, Wireless), Technology (Semiconductor, Catalytic, Infrared), Application (Industrial, Medical, Petrochemical), and Region - Growth, Trends, and Forecast (2022 - 2030)
The carbon monoxide gas sensors market is expected to register a CAGR of 6.54% over the forecast period (2018-2023). The scope of the report includes insights on the solutions offered by major players including providers of hardware, professional services, and integration solutions. The regions included in the study are North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study also emphasizes various end-user-based applications, such as industrial, medical, environmental, etc.
Medical Segment has New Opportunities for Carbon Monoxide Sensors
It is estimated that by 2050, people aged over 60 years will outnumber those below that age group. This is a key indicator of the potential demand for healthcare services in the coming years. Scientists and healthcare professionals have concluded that prevention and early detection monitoring is the only plausible and effective solution for dealing with the growing healthcare demand. Employment of carbon monoxide gas sensors in constant monitoring is considered a major leap in the early detection monitoring systems. Point of care monitoring, non-invasiveness, and direct access to physiological & non-physiological parameters are some of the major drivers for the penetration of carbon monoxide gas sensors into the medical field. The ability to differentiate a healthy person from a sick person by the use of different marker gases has aided the employability of the carbon monoxide gas sensors in body monitoring. Sensor manufacturers are now focusing on the single marker gas approach for identifying a variety of ailments. Inflammation of the bronchial by detecting NO, metabolism dysfunction (fat burning) and Ketosis (Keto acidic coma) by Acetone, Renal diseases by NH3, and oxidative stress marking (smoking indicator) by CO are some of the most employed single marker gas approaches in medical diagnosis.
US in North America has Stringent Laws Making Installation of CO Sensors Compulsory
The health hazards posed by high levels of carbon monoxide in homes and buildings have led state legislatures to adopt laws mandating the use of carbon monoxide detectors.
The use varies, from every enclosed room being required to have detectors, to every room that has a smoke alarm to have a detector, to only day-care centers and group homes needing detectors. 27 states and the District of Columbia require carbon monoxide detectors in private dwellings via the state statute. Another 11 states require carbon monoxide detectors in private dwellings through the adoption of the International Residential Code or via an amendment to their state’s building code.
Key Developments in the Market
•January 2017 - 32 states in the United States have enacted statutes regarding carbon monoxide (CO) detectors, and another 11 have promulgated regulations on CO detectors. Alaska requires that detectors approved by the state fire marshal be installed in all dwellings. Connecticut requires them in all new construction, as do New Hampshire, Oregon, Pennsylvania, Rhode Island, Utah, Vermont, Washington, and West Virginia. Florida also requires them in new construction and in every room with a boiler.
The major players include - AEROQUAL LTD, ROBERT BOSCH, LLC, SIEMENS AG, YOKOGAWA ELECTRIC CORPORATION, ABB LTD, GFG EUROPE LTD, ALPHASENSE, DYNAMENT LTD, NGK INSULATORS LTD, and TROLEX LTD, amongst others.
Reasons to Purchase the Report
•Current and future global carbon monoxide gas sensors market analysis
•Performance of various segments in the market
•Analyzing different perspectives of the market with the help of Porter’s five forces analysis
•Segments and sub-segments expected to dominate the market
•Regions expected to witness expedited growth during the forecast period
•Latest developments, market shares, and strategies employed by the major market players
•3 month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
•This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Medical Segment has New Opportunities for Carbon Monoxide Sensors
It is estimated that by 2050, people aged over 60 years will outnumber those below that age group. This is a key indicator of the potential demand for healthcare services in the coming years. Scientists and healthcare professionals have concluded that prevention and early detection monitoring is the only plausible and effective solution for dealing with the growing healthcare demand. Employment of carbon monoxide gas sensors in constant monitoring is considered a major leap in the early detection monitoring systems. Point of care monitoring, non-invasiveness, and direct access to physiological & non-physiological parameters are some of the major drivers for the penetration of carbon monoxide gas sensors into the medical field. The ability to differentiate a healthy person from a sick person by the use of different marker gases has aided the employability of the carbon monoxide gas sensors in body monitoring. Sensor manufacturers are now focusing on the single marker gas approach for identifying a variety of ailments. Inflammation of the bronchial by detecting NO, metabolism dysfunction (fat burning) and Ketosis (Keto acidic coma) by Acetone, Renal diseases by NH3, and oxidative stress marking (smoking indicator) by CO are some of the most employed single marker gas approaches in medical diagnosis.
US in North America has Stringent Laws Making Installation of CO Sensors Compulsory
The health hazards posed by high levels of carbon monoxide in homes and buildings have led state legislatures to adopt laws mandating the use of carbon monoxide detectors.
The use varies, from every enclosed room being required to have detectors, to every room that has a smoke alarm to have a detector, to only day-care centers and group homes needing detectors. 27 states and the District of Columbia require carbon monoxide detectors in private dwellings via the state statute. Another 11 states require carbon monoxide detectors in private dwellings through the adoption of the International Residential Code or via an amendment to their state’s building code.
Key Developments in the Market
•January 2017 - 32 states in the United States have enacted statutes regarding carbon monoxide (CO) detectors, and another 11 have promulgated regulations on CO detectors. Alaska requires that detectors approved by the state fire marshal be installed in all dwellings. Connecticut requires them in all new construction, as do New Hampshire, Oregon, Pennsylvania, Rhode Island, Utah, Vermont, Washington, and West Virginia. Florida also requires them in new construction and in every room with a boiler.
The major players include - AEROQUAL LTD, ROBERT BOSCH, LLC, SIEMENS AG, YOKOGAWA ELECTRIC CORPORATION, ABB LTD, GFG EUROPE LTD, ALPHASENSE, DYNAMENT LTD, NGK INSULATORS LTD, and TROLEX LTD, amongst others.
Reasons to Purchase the Report
•Current and future global carbon monoxide gas sensors market analysis
•Performance of various segments in the market
•Analyzing different perspectives of the market with the help of Porter’s five forces analysis
•Segments and sub-segments expected to dominate the market
•Regions expected to witness expedited growth during the forecast period
•Latest developments, market shares, and strategies employed by the major market players
•3 month analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
•This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Please Select a Format
