[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.
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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
