World wide Environmental Sensor Market Analysis, Market Size, Application Analysis,Regional Outlook, Competitive Strategies and Forecasts,to 2025

According to the market research report "Environmental Sensor Market by Type (Temperature, Humidity, Air Quality, Water Quality, Integrated, UV, and Soil Moisture), Vertical (Government, Commercial, Industrial, Residential, Consumer, Enterprise), Location, and Geography - Global Forecast to 2025", the overall market is estimated to be worth USD 1.37 billion in 2018 and is projected to reach USD 2.19 billion by 2025, at a CAGR of 9.9% from 2018 to 2025. Stringent environmental regulations to reduce air pollution, increase in health and safety concerns would upsurge demand for environmental monitoring systems, and rise in air quality monitoring stations are the key factors driving the environmental sensor market.
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The growth of the environmental sensors market is mainly due to the shifting preference from standalone sensors and integrated sensors widely used to measure humidity, temperature, dust intensity, UV radiation, and other environmental parameters. Increasing demand for environmental sensors in consumer devices, where small size and low power consumption are important aspects to be considered, is the major factor driving the growth of the said market.
Portable environmental sensors expected to account for largest size of environmental sensor market, by location
Due to increasing environmental regulations to reduce air pollution and growing health and safety concerns would increase the demand for portable sensors that are mainly used in devices such as wrist bands, fitness bands, smartphones, and tablets. Due to the increasing use of portable sensors in a few fast-growing applications, it is expected that the market for these sensors would grow at the highest rate during the forecast period.
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Consumer electronics vertical is expected to dominate the environmental sensor market. Environmental sensors have a significant opportunity in the consumer electronics market. In smartphones and wearable devices, various sensors are used for environmental sensing. The growth in the consumer electronics vertical is attributed to the increasing use of environmental sensors in smartphones, tablets, and wearable devices. MEMS-based environmental sensors are being implemented in smartphones, tablets, and wearable devices.
Key Target Audience
• Component and material providers
• Environmental sensor platform developers
• Environmental sensor and product manufacturers, and suppliers
• Assembly and testing vendors
• Original equipment manufacturers
• Research organizations and consulting companies
• Technology investors
• Associations, alliances, and organizations related to environmental sensors
• Analysts and strategic business planners
• End users
APAC is the fastest-growing region in the environmental sensor market. This region is likely to continue to hold the largest market and expected to be the fastest-growing region in the environmental sensor market owing to factors such as the increasing use of smart devices (e.g., smartphones and smart bands) in APAC paves the way for growing penetration of environmental sensors in these smart devices. Increasing pollution levels in APAC countries is set to drive the growth of the said market. The growth for environmental sensors is also attributed to the increasing demand for these sensors in verticals such as medical and healthcare. APAC is the largest end user for HVAC equipment. Growing construction industry due to increasing population and urbanization drives the HAVC market, which, in turn, creates demand for the environmental sensors market.
Major players in the environemntal sensor market are Bosch Sensortec (Germany), Sensirion (Switzerland), AMS AG (Austria), Omron (Japan), Honeywell International (US), Raritan (US), Siemens (Germany), Texas Instruments (US), Schneider Electric (France), Amphenol (US), STMicroelectronics (Switzerland), IDT (US), AVTECH (US), Analog Devices (US), Apogee Instruments (US), TE Connectivity (Switzerland), NuWave Sensors (Ireland), Elichens (France), Aclima (US), and Breeze Technologies (Germany).
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Reasons to Buy the Report
• Illustrative segmentation, analysis, and forecast pertaining to the environmental sensor market based on type, vertical, application, location, and region have been conducted to provide an overall view of the market.
• Major drivers, restraints, opportunities, and challenges pertaining to the environmental sensor market have been detailed in this report.
• A detailed competitive landscape of the key players(along with their revenues) in the market has been included in this report.
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