Chat with us, powered by LiveChat

Loading...
Carbon Monoxide Detector Market, by type

RA00109

Carbon Monoxide Detector Market, by type (Opto-Chemical, Biomimetic, Electrochemical, and Semiconductor), by functionality (Digital, Hardwired, Battery-operated, Dual-function, smart), by application (Fuel fired furnaces, Gas water heaters, Charcoal grills and others), by End use (Automotive, Manufacturing, Security, Enterprises and Others), Regional Outlook (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2019–2026

RA00109

Pages: NA

Mar 2020

Global Carbon Monoxide Detector Market Overview 2026:

Carbon monoxide is a colorless, odorless, and tasteless inflammable gas which is slightly less dense than air. Carbon monoxide consists of one carbon atom and one oxygen atom that are connected with triple bond which consists of two covalent bonds as well as one dative covalent bond. Carbon monoxide is produced by the incomplete combustion of carbon containing fuels like coal, wood or coke in gas stove fires, gas powered water heaters, and paraffin heaters. These problems arise when such devices are not maintained. A carbon monoxide detector detects the presence of carbon monoxide. As the carbon monoxide gas is undetectable by humans it is often treated as “the silent killer”. Carbon monoxide detectors are designed in such a way that they measure the CO levels over time and ring an alarm if the gas accumulates in the environment. It gives people adequate warning to evacuate the room if the carbon monoxide level in the room increases.

Driving Forces of Carbon Monoxide Detector Market:

Government regulation is considered to be a major driving factor for the carbon monoxide detector market

Government regulation to ensure safety is considered to be the major driving factor for the carbon monoxide detector market. As per Centers for Diseases Control and prevention (CDC), “Carbon monoxide is considered to be the second most common reason to cause death due to lung cancer and requires medical treatment on an immediate basis”. Carbon monoxide gas affects the blood circulation system and the brain. Many governments in various nations have initiated various laws for authorizing the use of carbon monoxide detectors. Due to the increasing cases of illness and death caused by the inhalation of high levels of carbon monoxide gases present in homes and building, the government have taken severe measure to control the carbon monoxide gases, which is predicted to boost the carbon monoxide detector market in the forecast period.

Price of carbon monoxide detectors is considered to be a major restraint for the market

The price of carbon monoxide detectors is considerably high which can be considered to be the biggest restraints of the market. In addition, the maintenance cost and the limited range of the detectors hampers the growth of the market. Carbon monoxide detectors typically last for 5 years and during that period regular servicing of the detector is a must. For instance, if the detectors get too dirty, they can give false results. Moreover, the life span of the carbon monoxide detectors is only for five years and after every five years the carbon monoxide detectors have to be changed in order to give appropriate results.

Carbon Monoxide Detector Market Segmentation, by Type:

Biomimetic detectors are predicted to have the highest revenue and growth rate in the forecast period

Biomimetic detectors are the first to enter the mass market. Biometric detectors are the only type of detectors to have been tested false-alarm free due to which it is predicted to grow at a faster rate. These detectors are mostly used in larger facilities like hotels, apartments and hospitals which have other features like air fresheners and cleaning of other disinfectants. Electrochemical detectors use fuel cells to generate an electric current when the gas is detected through a chemical reaction. This type of detectors is mostly used since their output is accurate, they require minimum power and can be operated at room temperature and typically last for longer span of time.

Carbon Monoxide Detector Market, by Functionality:

Digital functionality is the most lucrative in the forecast period.

Digital functionality type of detectors is the most used and their usage is predicted to grow even more in the forecast period. The digital functionality can display both the current reading and the highest reading ever done by the memory over a period of time to keep a track on the amount of the carbon monoxide gas present in the room or the respective area. Digital functionality detectors cost somewhat more due to the additional features, which makes it different from the basic models. The main advantage of digital functionality is that they can detect carbon monoxide levels that are below the alarm threshold. 

Carbon Monoxide Detector Market, by Application:

Gas water heaters are the most used application in the carbon monoxide detector market

There are many sources from where the carbon monoxide is released intentionally or unintentionally. Water heaters release carbon monoxide if the boiler setup is not appropriate, if there is a lack in the maintenance or the area where the heater is being setup is not ventilated properly. Increasing use of gas heaters in houses & offices is predicted to give a boost to the carbon monoxide detector market. 

Carbon Monoxide Detector Market, by End use:

Automotive is expected to hold a significant share during the forecast period.

Carbon monoxide gas is released when fuel is not burnt completely. The typical internal combustion engines in trucks and cars produce a high concentration of carbon monoxide. With the changes done in the fuel, design and emission, controlled devices have drastically reduced the emission of carbon monoxide. With the use of the detectors one can keep a track of the carbon monoxide percentage in the area. With the increase in the internal combustion gasoline engine and keeping a track of carbon monoxide is predicted to grow the market in the forecast period.

Carbon Monoxide Detector Market, by Region:

North America region will have enormous opportunities for the market investors to grow over the coming years

North America accounts to have maximum number of deaths every year due to inhalation of carbon monoxide. The cold climate and increasing use of fuel burning is a major factor contributing to the growth of the carbon monoxide detector market in the forecast period. In addition, the presence of large number of manufacturing companies and increase in the installation of manufacturing companies is predicted to drive the region. Asia pacific is predicted to drive the carbon monoxide detector market in the forecast period due to increasing industrialization and major manufacturing companies shifting their manufacturing units in this region. In addition, rise in the skilled labor and easy availability of raw material is predicted to give boost to the Asia-Pacific region in the forecast period

Key participants in Carbon Monoxide Detector Market:

The major players in the carbon monoxide detector market are Nest Labs, BRK Brands Inc., United Technologies Corporation, Yondwin, Leeo, ABB Ltd., Siemens AG, Robert Bosch GmbH, Aeroqual Ltd., and Trolex Ltd among others.
 

Aspect

Particulars

  Historical Market Estimations

  2018-2019

  Base Year for Market Estimation

  2018

  Forecast timeline for Market Projection

  2019-2026

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Type

  • Opto-Chemical
  • Biomimetic
  • Electrochemical
  • Semiconductor

  Segmentation by Functionality

  • Digital
  • Hardwired
  • Battery-operated
  • Dual-function
  • Smart

  Segmentation by Application

  • Fuel fired furnaces
  • Gas water heaters
  • Charcoal grills
  • Others

  Segmentation by End Use

  • Automotive
  • Manufacturing
  • Security
  • Enterprises
  • Others

  Key Countries covered

U.S., Canada, Germany, France, UK, Italy, Japan, China, India, South Korea, Australia, Middle west, Africa

  Key Companies Profiled

  • Nest Labs
  • BRK Brands Inc.,
  • United Technologies Corporation
  • Yondwin
  • Leeo
  • ABB Ltd.,
  • Siemens AG
  • Robert Bosch GmbH
  • Aeroqual Ltd.,
  • Trolex Ltd

FREQUENTLY ASKED QUESTIONS?
 

A. North America possess great investment opportunities for the investors to witness the most promising growth in the coming years.

A. New product development is the key strategies opted by the operating companies in this carbon monoxide detector market.

Research Methodology

Purchase Options

Enquire To Buy

Personalize this research

  • Triangulate with your own data
  • Get Data as per your format and defination
  • Get a deeper dive on a specific application, geography, customer or competitor
10% Off on Customization
Contact Us

Customers Also Viewed