10-Aug-2021 | Market Research Store
According to a Market Research Store report, global demand for environmental sensor stood at around USD 1.4 billion in 2020, with revenues expected to reach around USD 2.4 billion by the end of 2026, increasing at a CAGR of around 10% from 2021 to 2026.
Environmental sensors are devices that are meant to monitor a samples collected from any particular element of the environment, respectively. Sensors perceive the nature of the environment and provide status about air, water, soil, and radiations. Over the years, human activities have led serious damage caused to the planet and global warming is one of them. It is one of the most concerned issues worldwide; hence governments and private sectors continue investing on science and technology to find solutions that will help in the restoration process of the planet’s natural wealth. The developments in IoT and smart devices provide better chances to drive actions that will help maintain our world healthier and safer. Thus, environmental monitoring systems result in the gathering and analysis of a large amount of data that may be utilized for farming, energy conservation, and water and irrigation management.
Environment sensors may also be utilized in farming operations, where they supply farmers and botanical gardens with first-rate agricultural solutions. Water sensors measure the proportion of nutrients in water and provide adequate re-oxygenation to assist monitor water eutrophication in lakes and closed water basins. The weather monitoring sensors, on the other hand, monitor temperature, climate, and plant health and integrate data to identify circumstances that precede crop and plant disease outbreaks.
The key players operating in environmental sensor market are Aclima, Amphenol, AMS AG, Analog Devices, Apogee Instruments, AVTECH, Bosch Sensortec, Breeze Technologies, Elichens, Honeywell International, NuWave Sensors, Omron Corporation, Powelectrics Limited, Raritan, Schneider Electric, Sensirion, Siemens, STMicroelectronics, TE Connectivity, and Texas Instruments Inc. among others.
Increasing Awareness About Pollution Regarding Regulatory Laws Has Been Driving The Market Growth For Environmental Sensors
Stringent laws and regulations imposed by governments across the world in response to rising environmental concerns and health and safety issues are projected to boost demand for environmental monitoring systems and affect the demand for environmental sensors during the forecast period. In the worldwide environmental sensor market, there is fierce pricing rivalry. Local businesses from poor nations are breaking into developed-country markets by offering low-cost, high-performance environmental sensors. Due to unlawful copying of copyrighted technology and a surge in counterfeits, the environmental sensor market's growth possibilities have been limited. This, in turn, is expected to stifle the worldwide environmental sensor market's expansion.
Environmental sensor networks (ESN) are being developed all over the world as a result of recent technical advancements in the downsizing of various electronics goods and wireless communication technologies. Furthermore, one of the primary techniques necessary to protect the environment and the population from harmful pathogens and pollutants that may be discharged into a range of media such as water, air, and soil is an environmental monitoring programme. Greenhouse gas, forest fire detection, air pollution monitoring, and landslide detection (GHG) monitoring are only a few of the applications for environmental sensing technologies. Furthermore, temperature and humidity in air quality control are the most widely used environmental sensors, which are used in a variety of applications including greenhouse gas emission and monitoring, ambient gas monitoring, and water quality monitoring, among others, and the market for environmental sensors is expected to grow rapidly. In the future years, rising demand from the agriculture industry as well as other industrial sectors is expected to boost demand for various environmental sensors. The use of greenhouse gas monitoring and sensing is also expected to grow in the future. Thus, during the forecast period of 2021 to 2026, the environmental sensor market is expected to develop steadily.
Asia Pacific Region Expected To Have A Significant Market Share During The Forecast Period
On the basis of demographics, the environmental sensor market is divided into five main regions, namely North America, Europe, Latin America, Asia Pacific, and The Middle East and Africa.
Out these five regional markets, owing to the large-scale industrialization in this area of the world, Asia Pacific is expected to be a very attractive market for environmental sensors. Due to a rising number of consumer electronics and pharmaceutical businesses focused on expanding their operations and manufacturing units across Asia Pacific, the region is expected to be the most prosperous market in the approaching years. The government's cumulative emphasis on research and development events in the water and waste water treatment sector is also a major driver in the market's expansion in Europe, the Middle East, and Africa. The majority of countries in the world are developing.
Browse the full “Environmental Sensor Market By Product Type (Portable and Fixed), By Sensing Type (Gas Sensors, Temperature Sensors, Humidity Sensors, Pressure Sensors, Water Quality Sensors, Chemical Sensors, Smoke Sensors, and Others), By End-user (Healthcare & Life Sciences, Industrial, Government, Automotive, Medical, Consumer Electronics, and Other): Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2026.” Report at https://www.marketresearchstore.com/market-insights/environmental-sensor-market-828610
The global environmental sensor market is segmented as follows:
By Product Type:
Sensing Type
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