Advanced CO2 Sensors Market to Grow at a 37.9% CAGR by 2018 Forecasts a New Research Report at Sandlerresearch.org
Dallas, Texas (PRWEB) August 02, 2014 -- The exponential adoption of automobiles and electronic goods is encouraging numerous institutions and organizations to install and track CO2 emissions from their operations. As a result, numerous manufacturing facilities are fitting CO2 sensors as a standard practice. Moreover, the institutions and organizations that are involved in environmental pollution control and measuring CO2 emissions in the surroundings are becoming highly active in these practices. Therefore, CO2 sensors are gaining traction in the global market.
Analysts forecast the Global Advanced CO2 Sensor market to grow at a CAGR of 37.9 percent over the period 2013-2018. According to the report, there are several factors driving the growth of the Global Advanced CO2 Sensor market. One of the major drivers is the increased demand for location-specific advanced CO2 sensors. These sensors can effectively track CO2 intensity while taking into account the external factors of a specific location. In recent years, the demand for advanced CO2 sensors has increased on account of the issues caused by errors in the readings provided by standard CO2 sensors.
This report covers the present scenario and the growth prospects of the Global Advanced CO2 Sensor market for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales of advanced CO2 sensors worldwide. The report does not take into consideration the following while calculating the market size:
• Support or maintenance services that are offered for/with advanced CO2 sensors
• Components that are used in the production of advanced CO2 sensors
• Sensors that do not belong to the advanced CO2 sensors category such as CO2 sensors that do not self-calibrate according to external factors
• Aftermarket sales of advanced CO2 sensors
• Counterfeit products that function like advanced CO2 sensors
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The Global Advanced CO2 Sensor Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Advanced CO2 Sensor market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Advanced CO2 Sensor Market : Digital Control Systems Inc., GE Measurement and Control Solutions , Honeywell International Inc., Johnson Controls Inc. , AirTest Technologies Inc., Balluff GmbH, Banner Engineering Corp., Hans Turck GmbH & Co. KG, Pepperl+Fuchs GmbH, SenseAir AB, SICK AG,Siemens Industry Inc., Vaisala Inc., Veris Industries Inc.
Key Regions
• EMEA
• Americas
• APAC
Market Driver
• Increased Demand for Location-specific Advanced CO2 Sensors
Market Challenge
• High Cost of Advanced CO2 Sensors
Market Trend
• Increased Institutional Usage of CO2 Sensors
Further, the report states that despite the presence of several drivers, the Global Advanced CO2 Sensor market is faced with a few challenges that are hindering its growth. One of the key challenges in this market is the high cost of advanced CO2 sensors. It is necessary to maintain and replace sensors due to the stress they undergo on account of the continuous changes in external factors, especially in the Automobile segment.
Table of Contents
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Discussion on Global Advanced Sensor Market
06.3 Technology Landscape
06.3.1 Changing Scenario of the Global Advanced CO2 Sensor Market
06.4 Market Size and Forecast
07. Market Segmentation by Type
08. Market Segmentation by Fitting
08.1 Five Forces Analysis
09. Geographical Segmentation
09.1 Global Advanced CO2 Sensor Market by Geographical Segmentation 2013-2018
09.2 Advanced CO2 Sensor Market in the EMEA Region
09.2.1 Market Size and Forecast
09.3 Advanced CO2 Sensor Market in the Americas
09.3.1 Market Size and Forecast
09.4 Advanced CO2 Sensor Market in the APAC Region
09.4.1 Market Size and Forecast
10. Key Leading Countries
10.1 US
10.2 Germany
11. Buying Criteria
11.1.1 Building Automation Sector
11.1.2 Industrial Sector
11.1.3 Automotive Sector
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Market Summary
21. Other Reports in this Series
List of Exhibits
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Ritesh Tiwari, Sandlerresearch.org, http://www.sandlerresearch.org/, +1 (888) 391-5441, [email protected]
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