[250 Pages Report] Newly released Environmental Sensor Market analysis report by Future Market Insights shows that global sales of the Environmental Sensor Market in 2021 was held at US$ 1.7 Billion. With 7.5% projected growth during 2022 to 2032, the market is expected to reach a valuation of US$ 3.7 Billion by 2032. Fixed Sensors is expected to be the highest revenue-generating product category, projected to register an opportunity of 7.2% CAGR 2022 to 2032.
| Attributes | Details |
|---|---|
| Global Environmental Sensor Market Size (2022) | US$ 1.8 Billion |
| Global Environmental Sensor Market Size (2032) | US$ 3.7 Billion |
| Global Environmental Sensor Market CAGR (2022 to 2032) | 7.5% |
| USA Environmental Sensor Market Size (2032) | US$ 1.3 Billion |
| USA Environmental Sensor Market CAGR (2022 to 2032) | 7.1% |
| Key Companies Covered |
|
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As per the Environmental Sensor Market research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2015 to 2021, the market value of the Environmental Sensor Market increased at around 9.3% CAGR. With an absolute dollar opportunity of US$ 1.9 Bn, the market is projected to cross US$ 3.5 Bn mark by 2032.
There is a rising potential for environmental sensors with the launch and increased use of smart devices, as well as improvements in IoT and cloud-based services. These sensors can detect environmental conditions in both indoor and outdoor settings. Sensors are packaged together and engineered to offer detailed, precise, and real data outputs, which are necessary for many IoT systems. Smart homes, smart offices and buildings, and HVAC are among the key applications of the environmental sensor market. Indoor environmental monitoring and personal weather data are two examples of mobile and fixed applications.
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. 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.
Principal Consultant
Measuring variables across time is an important aspect of monitoring and a significant problem. Continuous monitoring is necessary as data gaps make it difficult to analyze the full range of environmental resource variability. In addition, infrequent but large events can have a considerable impact on the state of environmental resources. As a result, long-term surveillance becomes critical. However, constant monitoring and operation of sensors might diminish their efficiency and performance, reducing their lifespan.
Environmental sensor specifications change depending on the application and technology employed. Environmental sensors, for example, must meet strict size and power consumption standards in consumer electronics applications. Integrating different sensors with consumer devices, such as smartphones, is extremely difficult in such instances. In addition, as the sector or vertical changes, the sensor's specifications alter as well. For example, gas sensors parameters in the automobile industry vary from those in the oil and gas business; as a result, gas sensor performance requirements in advanced applications become a challenging factor.
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North America accounts for the largest market for environmental sensors. Growing enterprises and strict environmental legislation are driving the environment sensors regional market growth.
The United States is expected to account for the largest market share of US$ 1.3 Bn by the end of 2032. The United States is the most advanced country in terms of technology and sensors are increasingly being incorporated to monitor environmental impacts. Growing enterprises and strict environmental legislation are driving the market for environmental sensors in the country. Government initiatives are the key factors for the environmental sensors market which helps in spreading awareness.
For example, in July 2021, the Environmental Protection Agency (EPA) announced that it will allocate US$50 Mn from the American Rescue Plan (ARP) to strengthen air quality index monitoring in communities around the country. This funding for improved air quality monitoring follows the Agency's announcement of US$ 50 Mn for environmentalist initiatives under the ARP, bringing the total amount of EPA financing assigned by Congress to address pollution-related health disparities and the COVID–19 pandemic to US$ 100 Mn.
Recently, the Environmental Protection Agency has taken steps to significantly improve the quality of air by planning and developing federal policies that, when completely executed, will result in large reductions in air pollutants. The accompanying air quality gains will enhance the United States' health, lifespan, and standard of living.
The Fixed Sensor product segment is expected to account for the largest market with a CAGR of 7.2% during 2022 - 2032. Fixed or portable sensor deployments can offer highly detailed information, capturing the impacts of urban variables. This level of ground-level detail complements satellite data, which is especially useful in metropolitan areas. Ambient urban sensor platforms are expected to arise as a result of smart city technology deployments. Also, a number of sensing devices are being used to monitor water quality. Fixed sensing could be used by researchers to make observations and can also be linked to public water utility control systems. Only one water source can be monitored with portable sensor modules.
The market for humidity sensors is forecasted to grow at a CAGR of over 7% during 2022-2032. Humidity in the environment has an impact on not only crop development and animal husbandry, but also on human health. A humidity sensor can be used to monitor the humidity in the surroundings.
A wall-mounted humidity and temperature sensor are commonly used for indoor humidity monitoring. This sensor is compact, has adequate ventilation, and accurately measures data. It can be observed indefinitely without the need for maintenance. A solar screen humidity sensor is ideal for outdoor environmental monitoring since it has a high degree of safety and is resilient to rain and snow degradation. It performs well in windy conditions, making it perfect for usage in fields and farms. Once deployed, the data can be seen remotely in real-time, allowing farmers to manage their crops more efficiently.
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.
Some of the recent developments of the Environmental Sensor Market are:
Similar recent developments related to companies in Environmental Sensor Market are tracked by the team at Future Market Insights, which are available in the full report.
The Global Environmental Sensor Market is worth more than US$ 1.7 Bn at present.
The value of the Environmental Sensor Market is projected to increase at a CAGR of around 7.5% during 2022 – 2032.
The value of the Environmental Sensor Market increased at a CAGR of around 9.3% during 2015 – 2021.
Sensor reduction down to the nanoscale, actual smart sensors, wireless network operation, improved sensitivity, and rapid processing are all key market trends that are shaping the growth of the environmental sensor market.
The market for Environmental Sensor Market in US is projected to expand at a CAGR of around 7.1% during 2022 – 2032.
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
3.2. Key Trends Impacting the Market
3.3. Formulation and Product type Development Trends
4. Market Background
4.1. Market, by Key Countries
4.2. Market Opportunity Assessment (US$ Mn)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Growth in Automation, By Country
4.5.3. Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Market Demand Analysis 2015-2021 and Forecast, 2022-2032
6.1. Historical Market Analysis, 2015-2021
6.2. Current and Future Market Projections, 2022-2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Market Value Analysis 2015-2021 and Forecast, 2022-2032
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Product type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis By Product type, 2015-2021
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product type, 2022-2032
8.3.1. Fixed
8.3.2. Portable
8.4. Market Attractiveness Analysis By Product type
9. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Sensing Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By Sensing Type, 2015-2021
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Sensing Type, 2022-2032
9.3.1. Humidity
9.3.2. Temprature
9.3.3. Gas
9.3.4. Pressure
9.4. Market Attractiveness Analysis By Sensing Type
10. Global Market Analysis 2015-2021 and Forecast 2022-2032, By End user
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) Analysis By End user, 2015-2021
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End user, 2022-2032
10.3.1. Medical
10.3.2. Automative
10.3.3. Industrial
10.3.4. Consumer electronics
10.3.5. Other
10.4. Market Attractiveness Analysis By End user
11. Global Market Analysis 2015-2021 and Forecast 2022-2032, By Region
11.1. Introduction
11.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021
11.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. Asia Pacific
11.3.5. Middle East and Africa (MEA)
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2015-2021 and Forecast 2022-2032
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
12.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
12.4.1. By Country
12.4.1.1. U.S.
12.4.1.2. Canada
12.4.1.3. Rest of North America
12.4.2. By Product type
12.4.3. By End user
12.4.4. By Sensing Type
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Product type
12.5.3. By End user
12.5.4. By Sensing Type
13. Latin America Market Analysis 2015-2021 and Forecast 2022-2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
13.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
13.4.1. By Country
13.4.1.1. Brazil
13.4.1.2. Mexico
13.4.1.3. Rest of Latin America
13.4.2. By Product type
13.4.3. By End user
13.4.4. By Sensing Type
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product type
13.5.3. By End user
13.5.4. By Sensing Type
14. Europe Market Analysis 2015-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
14.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
14.4.1. By Country
14.4.1.1. Germany
14.4.1.2. France
14.4.1.3. U.K.
14.4.1.4. Italy
14.4.1.5. Benelux
14.4.1.6. Nordic Countries
14.4.1.7. Rest of Europe
14.4.2. By Product type
14.4.3. By End user
14.4.4. By Sensing Type
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product type
14.5.3. By End user
14.5.4. By Sensing Type
15. Asia Pacific Market Analysis 2015-2021 and Forecast 2022-2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
15.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
15.4.1. By Country
15.4.1.1. China
15.4.1.2. Japan
15.4.1.3. South Korea
15.4.1.4. Rest of Asia Pacific
15.4.2. By Product type
15.4.3. By End user
15.4.4. By Sensing Type
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product type
15.5.3. By End user
15.5.4. By Sensing Type
16. Middle East and Africa Market Analysis 2015-2021 and Forecast 2022-2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
16.4. Market Size (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
16.4.1. By Country
16.4.1.1. GCC Countries
16.4.1.2. South Africa
16.4.1.3. Turkey
16.4.1.4. Rest of Middle East and Africa
16.4.2. By Product type
16.4.3. By End user
16.4.4. By Sensing Type
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product type
16.5.3. By End user
16.5.4. By Sensing Type
17. Key Countries Market Analysis 2015-2021 and Forecast 2022-2032
17.1. Introduction
17.1.1. Market Value Proportion Analysis, By Key Countries
17.1.2. Global Vs. Country Growth Comparison
17.2. US Market Analysis
17.2.1. Value Proportion Analysis by Market Taxonomy
17.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.2.2.1. By Product type
17.2.2.2. By End user
17.2.2.3. By Sensing Type
17.3. Canada Market Analysis
17.3.1. Value Proportion Analysis by Market Taxonomy
17.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.3.2.1. By Product type
17.3.2.2. By End user
17.3.2.3. By Sensing Type
17.4. Mexico Market Analysis
17.4.1. Value Proportion Analysis by Market Taxonomy
17.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.4.2.1. By Product type
17.4.2.2. By End user
17.4.2.3. By Sensing Type
17.5. Brazil Market Analysis
17.5.1. Value Proportion Analysis by Market Taxonomy
17.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.5.2.1. By Product type
17.5.2.2. By End user
17.5.2.3. By Sensing Type
17.6. Germany Market Analysis
17.6.1. Value Proportion Analysis by Market Taxonomy
17.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.6.2.1. By Product type
17.6.2.2. By End user
17.6.2.3. By Sensing Type
17.7. France Market Analysis
17.7.1. Value Proportion Analysis by Market Taxonomy
17.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.7.2.1. By Product type
17.7.2.2. By End user
17.7.2.3. By Sensing Type
17.8. Italy Market Analysis
17.8.1. Value Proportion Analysis by Market Taxonomy
17.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.8.2.1. By Product type
17.8.2.2. By End user
17.8.2.3. By Sensing Type
17.9. BENELUX Market Analysis
17.9.1. Value Proportion Analysis by Market Taxonomy
17.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.9.2.1. By Product type
17.9.2.2. By End user
17.9.2.3. By Sensing Type
17.10. UK Market Analysis
17.10.1. Value Proportion Analysis by Market Taxonomy
17.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.10.2.1. By Product type
17.10.2.2. By End user
17.10.2.3. By Sensing Type
17.11. Nordic Countries Market Analysis
17.11.1. Value Proportion Analysis by Market Taxonomy
17.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.11.2.1. By Product type
17.11.2.2. By End user
17.11.2.3. By Sensing Type
17.12. China Market Analysis
17.12.1. Value Proportion Analysis by Market Taxonomy
17.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.12.2.1. By Product type
17.12.2.2. By End user
17.12.2.3. By Sensing Type
17.13. Japan Market Analysis
17.13.1. Value Proportion Analysis by Market Taxonomy
17.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.13.2.1. By Product type
17.13.2.2. By End user
17.13.2.3. By Sensing Type
17.14. South Korea Market Analysis
17.14.1. Value Proportion Analysis by Market Taxonomy
17.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.14.2.1. By Product type
17.14.2.2. By End user
17.14.2.3. By Sensing Type
17.15. GCC Countries Market Analysis
17.15.1. Value Proportion Analysis by Market Taxonomy
17.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.15.2.1. By Product type
17.15.2.2. By End user
17.15.2.3. By Sensing Type
17.16. South Africa Market Analysis
17.16.1. Value Proportion Analysis by Market Taxonomy
17.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.16.2.1. By Product type
17.16.2.2. By End user
17.16.2.3. By Sensing Type
17.17. Turkey Market Analysis
17.17.1. Value Proportion Analysis by Market Taxonomy
17.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032
17.17.2.1. By Product type
17.17.2.2. By End user
17.17.2.3. By Sensing Type
17.17.3. Competition Landscape and Player Concentration in the Country
18. Market Structure Analysis
18.1. Market Analysis by Tier of Companies
18.2. Market Concentration
18.3. Market Share Analysis of Top Players
18.4. Market Presence Analysis
18.4.1. By Regional footprint of Players
18.4.2. Product type footprint by Players
19. Competition Analysis
19.1. Competition Dashboard
19.2. Competition Benchmarking
19.3. Competition Deep Dive
19.3.1. AMS AG
19.3.1.1. Overview
19.3.1.2. Product type Portfolio
19.3.1.3. Sales Footprint
19.3.1.4. Strategy Overview
19.3.2. Powelectrics Limited
19.3.2.1. Overview
19.3.2.2. Product type Portfolio
19.3.2.3. Sales Footprint
19.3.2.4. Strategy Overview
19.3.3. Raritan Inc.
19.3.3.1. Overview
19.3.3.2. Product type Portfolio
19.3.3.3. Sales Footprint
19.3.3.4. Strategy Overview
19.3.4. Texas Instruments Inc.
19.3.4.1. Overview
19.3.4.2. Product type Portfolio
19.3.4.3. Sales Footprint
19.3.4.4. Strategy Overview
19.3.5. Eurotech SpA
19.3.5.1. Overview
19.3.5.2. Product type Portfolio
19.3.5.3. Sales Footprint
19.3.5.4. Strategy Overview
19.3.6. Vectron International
19.3.6.1. Overview
19.3.6.2. Product type Portfolio
19.3.6.3. Sales Footprint
19.3.6.4. Strategy Overview
19.3.7. Omega Engineering Inc.
19.3.7.1. Overview
19.3.7.2. Product type Portfolio
19.3.7.3. Sales Footprint
19.3.7.4. Strategy Overview
19.3.8. Nesa SRL
19.3.8.1. Overview
19.3.8.2. Product type Portfolio
19.3.8.3. Sales Footprint
19.3.8.4. Strategy Overview
19.3.9. Eko Instruments BV
19.3.9.1. Overview
19.3.9.2. Product type Portfolio
19.3.9.3. Sales Footprint
19.3.9.4. Strategy Overview
19.3.10. Honeywell International
19.3.10.1. Overview
19.3.10.2. Product type Portfolio
19.3.10.3. Sales Footprint
19.3.10.4. Strategy Overview
19.3.11. Bosch Sensortec
19.3.11.1. Overview
19.3.11.2. Product type Portfolio
19.3.11.3. Sales Footprint
19.3.11.4. Strategy Overview
20. Assumptions and Acronyms Used
21. Research Methodology
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Environmental Sensor Market
