The global environmental sensor market was valued at US$ 1.7 Bn in 2021 and is expected to reach US$ 3.7 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through humidity sensors is projected to grow at a CAGR of 7% during 2022 – 2032.
In the environmental sciences, the usage of low-cost sensor networks (LCSNs) is growing in popularity, and the unparalleled monitoring data provided enables study across a wide range of fields and applications. Non-technical difficulties, in particular, continue to stymie the widespread development and deployment of LCSNs.
Environmental sensors monitors and keeps a track of soil and water pollution as public awareness of environmental concerns caused by harmful gas emissions from various industries have grown. Various governments throughout the world have enacted stringent rules and laws encouraging the usage of environmental surveillance systems, which is driving the market for environmental sensors.
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Over the projected period, advanced technologies in the designing and engineering of individual sensors are anticipated to propel the market. Growing demand from the industrial as well as the agricultural sector is expected to push the growth of the market.
“Greenhouse gas emissions, air temperature monitoring, pesticides from farming production, water management, disaster detection, and monitoring are projected t9o be pivotal towards the environmental sensor market growth.” comments a Future Market Insights analyst.
Competitive Analysis
Some of the key companies in the environmental sensor market include
- ABB Ltd.,
- Delphi Automotive PLC,
- Freescale Semiconductor Ltd.,
- Honeywell International Inc.,
- Omron Corporation,
- STMicroelectronics,
- N.V.,
- Robert Bosch GmbH, and
- Schneider Electric SE.
Environmental sensor market leaders are increasing production by collaborating, inventing, and acquiring small businesses, and investing in a technically advanced product portfolio all around the world.
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Some of the recent developments of the Environmental Sensor Market are:
· In October 2021, ABB introduced the world’s first touch-free environmental smart sensor to help decrease indoor pollution. The ABB FusionAir Intelligent Sensor has four detecting choices to enable ideal conditions for better indoor air quality, safety, and comfort. According to a recent data, household air pollution is 3.5X worse on average inside a structure than outdoors, the World Health Organization has listed naming the problem as the world’s single most serious environmental health threat. Improved Indoor Air Quality (IAQ) with reduced susceptibility to volatile organic compounds requires adequate and suitable ventilation (VOCs).
· In January 2021, Pittsburgh International Airport announced cooperation with Honeywell to evaluate air quality enhancement technologies at the airport’s recently built innovation center, xBridge. Honeywell’s Healthy Buildings platform and air quality monitoring technologies will be used at Pittsburgh International Airport. Temperature, humidity, carbon dioxide, particulates, and volatile organic compounds are all measured by the Honeywell Healthy Buildings platform at xBridge (VOC).
More Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Global Environmental Sensor Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.
The study reveals extensive growth in Global Environmental Sensor Market across five regions (North America, Asia Pacific, Europe, Middle East & Africa and Latin America).
Market Segments Covered in Environmental Sensor Market Analysis
By Product:
- Fixed
- Portable
By Sensing Type:
- Humidity
- Temperature
- Gas
- Pressure
By End Use:
- Medical
- Consumer Electronics
- Industrial
- Automotive
- Other End-users
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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Table of Content
1. Executive Summary
1.1. Summary of Key Findings
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Environmental Sensors
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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