Carbon Monoxide (Co) Detector Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Sensor Type, Application, and Region

The Carbon Monoxide (Co) Detector Market was valued at US$ 380.67 Mn. in 2020. Global Carbon Monoxide (Co) Detector Market size is estimated to grow at a CAGR of 6.48%.

Carbon Monoxide (Co) Detector Market Overview:

CO is a colourless and odorless gas. It is produced by incomplete combustion of carbon-containing materials. A carbon monoxide (Co) detector is a sensing or detection device. It is used to sense the existence of the carbon monoxide gas. CO is extremely dangerous for the human health and it is often known as a silent killer. Carbon Monoxide (Co) Detector Market To know about the Research Methodology :- Request Free Sample Report A carbon monoxide alarm detector plays an important role to prevent carbon monoxide poisoning. Carbon monoxide detection devices are assisting to detect the silent killer and sound an alarm if any presence of CO. An installation of co detectors with the alarms offers benefits like peace of mind, protection, an early warning sign, accuracy with warnings, which are expected to boost its adoption.

Carbon Monoxide (Co) Detector Market Dynamics:

An increase in carbon monoxide poisoning cases: Drives the demand for Carbon Monoxide (Co) Detector An increase in the cases of carbon monoxide poisoning is increasing in recent years. One of the key factors, which is boosting the carbon monoxide detectors market growth is the increase in the number of cases of poisoning related to carbon monoxide reported in many areas. One of the key factors boosting the carbon monoxide detectors market growth is the number of cases of poisoning associated to carbon monoxide in many areas. The awareness regarding the hazards related to carbon monoxide poisoning are expected to increase the demand for carbon monoxide detectors. The carbon monoxide poisoning is a serious issue with potentially long-lasting effects. Many industrial and building automation systems are relying on CO sensors to warn users when CO concentrations reach unsafe levels. Government regulations for adoption of carbon monoxide detectors: drive the demand for Carbon Monoxide (Co) Detector Governments of various countries and states across the globe have mandated the installation of carbon monoxide detectors. An installation of carbon monoxide detectors because of the large number of incidences of carbon monoxide poisoning cases are expected to drive the market growth during the forecast period. With the rise in number of illnesses and death caused by high levels of carbon monoxide (CO) in homes and buildings, state governments are adopting laws mandating the use of carbon monoxide detectors. Government regulations in workplaces to ensure safety are primarily boosting the growth of the carbon monoxide detector market.

Carbon Monoxide (Co) Detector Market Segment Analysis:

Residential segment is expected to contribute more than 5.65% rate of CAGR during the forecast period. The residential segment growth is driven by the wide scale adoption of carbon monoxide detectors in residential applications such as in buildings and homes. An increase in adoption of advanced sensor technology to sense CO gas, An introduction of portable and wireless CO detectors, government stringent rules and regulations to install CO alarm detectors to ensure safety of the residential sector are expected to boost the market growth. The CO detectors offer major benefits like early detection and warning to users, increased safety are expected to drive the major growth in the near future. Biomimetic Type is expected to contribute more than 22% share in the market. Biomimetic type detectors are the most reliable technology and are widely used in the high-end areas such as in apartments, hotels and hospitals that use disinfectants, alcohols and air fresheners which can cause CO gas. Biometric detectors are mostly used in larger facilities like hotels, apartments and hospitals which have other features like air fresheners and cleaning of other disinfectants.

Carbon Monoxide (Co) Detector Market Regional Insights:

North America holds the dominant position North America held the dominant position in 2021 and is projected to continue its dominance during the forecast period. The US and Canada are the major contributor countries behind the North America carbon monoxide (co) detector market growth. high adoption of carbon monoxide detectors in residential, commercial, and industrial applications across developed countries are boosting the demand for Carbon Monoxide (Co) Detector. Carbon monoxide poisoning is the second most common cause of poisonings death. According to the CDC, more than 10,000 are poisoned by carbon monoxide requiring medical treatment each year in USA. The U.S. consumer product safety commission recommends that every home should have a carbon monoxide (CO) alarm that drive the demand for carbon monoxide (co) detector. The presence of various CO detector in the manufacturing companies, adoption of carbon monoxide detector in home and automotive industries, installation of CO detectors in underground garages and integration of detector in smart homes and wireless smart safety devices are some of the prominent factors behind the market growth. The objective of the report is to present a comprehensive analysis of the global Carbon Monoxide (Co) Detector Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Carbon Monoxide (Co) Detector Market dynamic, structure by analyzing the market segments and projecting the Carbon Monoxide (Co) Detector Market size. Clear representation of competitive analysis of key players by Application, price, financial position, product portfolio, growth strategies, and regional presence in the Carbon Monoxide (Co) Detector Market make the report investor’s guide.

Carbon Monoxide (Co) Detector Market Scope: Inquire before buying

Global Carbon Monoxide (Co) Detector Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 380.67 Mn.
Forecast Period 2021 to 2027 CAGR: 6.48% Market Size in 2027: US $ 590.8 Mn.
Segments Covered: by Sensor Type • Opto-Chemical Type • Biomimetic Type • Electrochemical Type • Semiconductor Type
by Application • Residential • Commercial • Industrial • Medical • Environmental • Others

Carbon Monoxide (Co) Detector Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Carbon Monoxide (Co) Detector Market Key Players

• ABB Ltd • Aeroqual Ltd • MTI Industries, Inc • Alphasense • Safelincs • X-Sense • Dynament Ltd • GfG Europe Ltd • NGK Insulators Ltd • Robert Bosch GmbH • Siemens AG • System Sensor • Leeo • Yondwin • Kidde • First Alert • Google Nest • Greystone Energy Systems Inc • Trolex Ltd • Yokogawa Electric Corporation Frequently Asked Questions: 1] What segments are covered in the Carbon Monoxide (Co) Detector Market report? Ans. The segments covered in the Carbon Monoxide (Co) Detector Market report are based on Sensor Type and Application. 2] Which region is expected to hold the highest share in the Carbon Monoxide (Co) Detector Market? Ans. The Asia Pacific region is expected to hold the highest share in the Carbon Monoxide (Co) Detector Market. 3] What is the market size of the Carbon Monoxide (Co) Detector Market by 2027? Ans. The market size of the Carbon Monoxide (Co) Detector Market by 2027 is US$ 590.8 Mn. 4] What is the forecast period for the Carbon Monoxide (Co) Detector Market? Ans. The forecast period for the Carbon Monoxide (Co) Detector Market is 2020-2027. 5] What was the market size of the Carbon Monoxide (Co) Detector Market in 2020? Ans. The market size of the Carbon Monoxide (Co) Detector Market in 2020 was US$ 380.67 Mn.
1. Global Carbon Monoxide (Co) Detector Market Size: Research Methodology 2. Global Carbon Monoxide (Co) Detector Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Carbon Monoxide (Co) Detector Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Carbon Monoxide (Co) Detector Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Carbon Monoxide (Co) Detector Market Size Segmentation 4.1. Global Carbon Monoxide (Co) Detector Market Size, by Sensor Type (2020-2027) • Opto-Chemical Type • Biomimetic Type • Electrochemical Type • Semiconductor Type 4.2. Global Carbon Monoxide (Co) Detector Market Size, by Application (2020-2027) • Residential • Commercial • Industrial • Medical • Environmental • Others 5. North America Carbon Monoxide (Co) Detector Market (2020-2027) 5.1. North America Carbon Monoxide (Co) Detector Market Size, by Sensor Type (2020-2027) • Opto-Chemical Type • Biomimetic Type • Electrochemical Type • Semiconductor Type 5.2. North America Carbon Monoxide (Co) Detector Market Size, by Application (2020-2027) • Residential • Commercial • Industrial • Medical • Environmental • Others 5.3. North America Carbon Monoxide (Co) Detector Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Carbon Monoxide (Co) Detector Market (2020-2027) 6.1. European Carbon Monoxide (Co) Detector Market, by Sensor Type (2020-2027) 6.2. European Carbon Monoxide (Co) Detector Market, by Application (2020-2027) 6.3. European Carbon Monoxide (Co) Detector Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Carbon Monoxide (Co) Detector Market (2020-2027) 7.1. Asia Pacific Carbon Monoxide (Co) Detector Market, by Sensor Type (2020-2027) 7.2. Asia Pacific Carbon Monoxide (Co) Detector Market, by Application (2020-2027) 7.3. Asia Pacific Carbon Monoxide (Co) Detector Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Carbon Monoxide (Co) Detector Market (2020-2027) 8.1. The Middle East and Africa Carbon Monoxide (Co) Detector Market, by Sensor Type (2020-2027) 8.2. The Middle East and Africa Carbon Monoxide (Co) Detector Market, by Application (2020-2027) 8.3. The Middle East and Africa Carbon Monoxide (Co) Detector Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Carbon Monoxide (Co) Detector Market (2020-2027) 9.1. Latin America Carbon Monoxide (Co) Detector Market, by Sensor Type (2020-2027) 9.2. Latin America Carbon Monoxide (Co) Detector Market, by Application (2020-2027) 9.3. Latin America Carbon Monoxide (Co) Detector Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. ABB Ltd 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Aeroqual Ltd 10.3. MTI Industries, Inc 10.4. Alphasense 10.5. Safelincs 10.6. X-Sense 10.7. Dynament Ltd 10.8. GfG Europe Ltd 10.9. NGK Insulators Ltd 10.10. Robert Bosch GmbH 10.11. Siemens AG 10.12. System Sensor 10.13. Leeo 10.14. Yondwin 10.15. Kidde 10.16. First Alert 10.17. Google Nest 10.18. Greystone Energy Systems Inc 10.19. Trolex Ltd 10.20. Yokogawa Electric Corporation

About This Report

Report ID 70118
Category Electronics
Published Date Auguet2020
Updated Date Feb 2022
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