PUBLISHER: The Business Research Company | PRODUCT CODE: 1888053
PUBLISHER: The Business Research Company | PRODUCT CODE: 1888053
Advanced carbon dioxide (CO2) sensors are high-precision measurement instruments that utilize enhanced optical, photoacoustic, or electrochemical technologies combined with integrated calibration and signal processing systems to accurately detect and quantify CO2 concentrations. These sensors are distinguished by high accuracy, low signal drift, and fast response times, even under changing temperature and humidity conditions.
The key product types of advanced carbon dioxide (CO2) sensors comprise non-dispersive infrared (NDIR) advanced CO2 sensors and chemical advanced CO2 sensors. Non-dispersive infrared (NDIR) CO2 sensors are highly accurate and reliable devices that measure carbon dioxide concentration by detecting the absorption of infrared light at specific wavelengths. Sensor fittings include retrofit and wall mount configurations. Based on connectivity, these sensors are offered as wired or wireless systems to meet diverse infrastructure requirements. The key applications include heating, ventilation, and air conditioning (HVAC) systems, smart homes and buildings, safety and fire detection, industrial processes, quality control, and others. Key end-use industries include healthcare, petrochemical, building automation, automotive, consumer electronics, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.
The advanced carbon dioxide (CO2) sensors market research report is one of a series of new reports from The Business Research Company that provides advanced carbon dioxide (CO2) sensors market statistics, including advanced carbon dioxide (CO2) sensors industry global market size, regional shares, competitors with a advanced carbon dioxide (CO2) sensors market share, detailed advanced carbon dioxide (CO2) sensors market segments, market trends and opportunities, and any further data you may need to thrive in the advanced carbon dioxide (CO2) sensors industry. This advanced carbon dioxide (CO2) sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The advanced carbon dioxide (CO2) sensors market size has grown strongly in recent years. It will grow from $5.25 billion in 2024 to $5.60 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to indoor air quality regulations for workplaces and schools, building energy efficiency codes mandating ventilation monitoring, occupational safety standards in industrial facilities, expansion of municipal environmental air monitoring programs, and growth in food and beverage quality control and packaging compliance.
The advanced carbon dioxide (CO2) sensors market size is expected to see strong growth in the next few years. It will grow to $7.15 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to net zero commitments and carbon accounting regulations, stricter indoor air quality limits in updated building codes, government funding for school ventilation and filtration upgrades, expansion of smart city ambient air monitoring networks, and employer health and safety compliance programs across offices and factories. Key trends in the forecast period include non-dispersive infrared sensitivity and stability improvements, photoacoustic spectroscopy miniaturization for low-power devices, tunable diode laser absorption spectroscopy moving into cost-sensitive tiers, internet of things cloud-connected sensing with remote firmware updates, and edge artificial intelligence analytics for real-time anomaly detection.
The growing automotive production and ownership are expected to propel the growth of the advanced carbon dioxide (CO2) sensors market going forward. Automobiles are motor vehicles designed for road transport, including passenger cars and light commercial vehicles used to move people or goods. The rising number of automobiles is due to a rebound in registrations and growth in the on-road vehicle stock in 2023 compared with 2022. As more vehicles enter service, automakers and tier-1 suppliers integrate advanced CO2 sensors into cabin air-quality modules to control fresh-air intake, mitigate CO2 buildup and drowsiness, and meet comfort and safety specifications, increasing sensor units per vehicle. For instance, in May 2024, according to GOV.UK, a UK-based executive agency, there were 41.2 million licensed vehicles in the United Kingdom, up 1% from the end of 2022, evidencing a year-over-year increase in the vehicle park. Therefore, the growing automotive production and ownership is driving the advanced carbon dioxide (CO2) sensors market.
Key companies operating in the advanced carbon dioxide (CO2) sensors market are focusing on technological innovation, such as photoacoustic spectroscopy, to enhance sensor accuracy, reduce size and cost, and enable efficient deployment in heating, ventilation, and air conditioning; the internet of things; and building automation systems. Photoacoustic spectroscopy (PAS) is a sensing and measurement technique in which light is absorbed by a gas or material, causing localized heating and pressure changes that generate sound waves. These sound waves are then detected by sensitive microphones to determine the concentration of specific gases, such as carbon dioxide (CO2), with high precision. For instance, in November 2024, Infineon, a Germany-based semiconductor company, launched the XENSIV PAS CO2 5V sensor, a cutting-edge photoacoustic spectroscopy-based solution that enables smart buildings to continuously monitor indoor air quality and optimize heating, ventilation, and air conditioning energy consumption, providing precise, reliable, and energy-efficient climate control while supporting decarbonization goals.
In November 2024, DwyerOmega, a US-based company that provides precision measurement, sensing, monitoring, and control solutions, acquired Process Sensing Technologies Ltd. for an undisclosed amount. Through this acquisition, DwyerOmega aims to expand its sensing and instrumentation portfolio, strengthen its global market presence, and enhance its capabilities in delivering advanced measurement solutions, including gas and carbon dioxide (CO2) sensors for diverse industries. Process Sensing Technologies Ltd. is a UK-based precision measurement and instrumentation company that provides carbon dioxide (CO2) sensors.
Major players in the advanced carbon dioxide (CO2) sensors market are Siemens AG, Asahi Kasei Corporation, Infineon Technologies AG, Murata Manufacturing Co. Ltd., Vaisala Oyj, Sensirion AG, KMC Controls Inc., Winson, Building Automation Products Inc. (BAPI), AZoSensors.com, COMET SYSTEM s.r.o., Ahlborn Mess- und Regelungstechnik GmbH (ALMEMO), Digital Control Systems Inc., smartGAS Mikrosensorik GmbH, Sable Systems International, CO2meter.com, ELT Sensor Co. Ltd., PP Systems Inc., Cubic Sensor and Instrument Co. Ltd., and BlueSens Gas Sensor GmbH.
North America was the largest region in the advanced carbon dioxide (CO2) sensors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in advanced carbon dioxide (CO2) sensors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the advanced carbon dioxide (CO2) sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The advanced carbon dioxide (CO2) sensors market consists of sales of non-dispersive infrared carbon dioxide (CO2) sensors, photoacoustic spectroscopy carbon dioxide (CO2) sensors, tunable diode laser absorption spectroscopy carbon dioxide (CO2) sensors, solid-state electrochemical carbon dioxide (CO2) sensors, and non-dispersive infrared carbon dioxide (CO2) sensor modules with integrated signal processing. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Advanced Carbon Dioxide (CO2) Sensors Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on advanced carbon dioxide (co2) sensors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for advanced carbon dioxide (co2) sensors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The advanced carbon dioxide (co2) sensors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.