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Increasing Demand for Location-Specific Sensors Drives Global Advanced CO2 Sensors Market

Reviewed

Mar 14 2014

Research and Markets has announced the addition of the "Global Advanced CO₂ Sensors Market 2012-2016" report to their offering.

The analysts forecast the Global Advanced CO₂ Sensors market to grow at a CAGR of 32.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for location-specific CO₂ sensors. The Global Advanced CO₂ Sensors market has also been witnessing the increasing institutional usage of CO₂ sensors. However, the high cost of advanced CO₂ sensors could pose a challenge to the growth of this market.

Key vendors dominating Global Advanced CO₂ Sensors market include Digital Control Systems Inc., GE Measurement and Control Solutions, Honeywell International Inc., and Johnson Controls Inc.

Other vendors mentioned in the report are AirTest Technologies Inc., Balluff GmbH, Banner Engineering Corp., Pepperl+Fuchs GmbH, SICK AG, Siemens Industry Inc., Hans Turck GmbH and Co. KG, Vaisala Inc., and Veris Industries Inc.

Commenting on the report, an analyst from the Hardware team said: '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. In this aspect, many of these institutions have begun to use advanced CO₂ sensors because of the various inherent benefits.'

For more information visit http://www.researchandmarkets.com/research/376d7p/global_advanced

Source:

http://www.researchandmarkets.com/

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