The carbon dioxide monitoring equipment market is projected to grow to $6.6 billion by 2030 at a 10.9% CAGR, according to a new report from The Business Research Company. The growth is fueled by stricter building ventilation regulations, rising demand for real-time air quality monitoring, and wider adoption of CO2 sensors in HVAC systems, smart agriculture, and industrial safety. Key players include Siemens, Honeywell, ABB, and Thermo Fisher, with recent innovations like photovoltaic CO2 monitors that run on indoor light without batteries. The market is segmented by product type (portable and fixed monitors, NDIR and electrochemical sensors), technology, sales channel, and end-user (industrial, commercial, residential, agriculture). A notable development in October 2024 was ABB's acquisition of Fodisch Group to strengthen its continuous emission monitoring systems. The report also highlights the launch of AIR-sense-IQ, a maintenance-free photovoltaic CO2 monitor by Reef Technologies, which uses indoor solar cells for continuous tracking.
