How big is the CO Gas Sensors Market?

The CO Gas Sensors Market size is expected to reach USD 1.30 billion in 2024 and grow at a CAGR of 6.20% to reach USD 2.37 billion by 2029. Read More

What is the current CO Gas Sensors Market size?

In 2024, the CO Gas Sensors Market size is expected to reach USD 1.30 billion. Read More

Who are the key players in CO Gas Sensors Market?

Aeroqual Ltd, ABB Ltd, Siemens AG, Yokogawa Electric Corporation and Robert Bosch GmbH are the major companies operating in the CO Gas Sensors Market. Read More

Which is the fastest growing region in CO Gas Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in CO Gas Sensors Market?

In 2024, the North America accounts for the largest market share in CO Gas Sensors Market. Read More

What years does this CO Gas Sensors Market cover, and what was the market size in 2023?

In 2023, the CO Gas Sensors Market size was estimated at USD 1.22 billion. The report covers the CO Gas Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the CO Gas Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

CO Gas Sensors Market Share

Statistics for the 2023 & 2024 CO Gas Sensors market share, created by Mordor Intelligence™ Industry Reports. CO Gas Sensors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of CO Gas Sensors Industry

The carbon monoxide gas sensors market is semi-consolidated, has gained a competitive edge in the past three decades, and consists of several major players. In terms of market share, few of the prominent players currently dominate the market. However, with increasing innovations and safety regulations due to gas leakage incidents, the companies in the market are strategically innovating in providing these sensors, which meet the rules and policies.

April 2024: Honeywell announced that it will be the first gas detector manufacturer in the ‘Made in Saudi’ initiative, reaffirming its dedication to fostering localization and economic diversification in Saudi Arabia. It will locally assemble and calibrate three distinct gas detection solutions at its Dammam facility. Among these solutions is the Honeywell BW Max XT II, portable multi-gas detector workers use to detect gases like hydrogen sulfide and carbon monoxide in hazardous environments.

October 2023: ABB announced extending its carbon capture collaboration to support the future workforce and energy transition with Imperial College. ABB aims to equip the students with the skills needed to run industrial processes by demonstrating how the latest technology can help optimize plant performance and safely manage emergencies in real-life applications.