Environmental Sensor Market By 2025 With Comprehensive Study on Texas Instruments, Sensirion, Siemens, Raritan, Honeywell, Schneider Electric Energy & Sustainability Services, Amphenol, ams AG, Omron Industrial Automation Europe, STMicroelectronics, Bosch
The environmental sensor market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The global market is expected to reach USD 2.6 billion by 2025 from USD 1.27 billion in 2017 and is projected to grow at a CAGR of 9.8% in the forecast period of 2018 to 2025.
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Report Forecasting Global and Regional Analysis on Environmental Sensor Market, By Type (Temperature, Humidity, Air Quality, Water Quality, Integrated, UV, Soil Moisture), Location (Indoor, Outdoor, Portable), Vertical (Government, Commercial, Industrial, Residential, Consumer, Enterprise) and Geographical Segments.
Environmental condition has an important influence in our comfort, welfare and productivity. Nowadays, environmental condition is decreasing day by day due to hazardous pollution, atmospheric change, rising humidity. Due to such reasons, various companies have introduced environmental sensors and smart devices that provide useful detailed data regarding different parameters such as temperature, volatility, humidity, air quality and soil moisture. The growing demand of environmental sensor is for automotive-grade, digital humidity sensor, building materials, climate control systems. In addition, it provides better air purifiers and air cleaners for health conditions and has crucial contribution to environmental protection by reducing harmful emissions in the energy efficient industries. There are variety of environmental sensors which are available in the form off portable devices such as wrist bands, fitness bands, smartphones, and tablets. The renowned players in global environmental sensor market are
· Bosch Sensortec
· AMS AG
· Honeywell International
· Texas Instruments
· Schneider Electric
Others: AVTECH, Analog Devices, Apogee Instruments, TE Connectivity, NuWave Sensors, Elichens, Breeze Technologies, N.V., Freescale Semiconductor Ltd., ABB Ltd., Apogee Instruments and many more. The global environmental sensor market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes industry shares of environmental sensor industry for global, Europe, North America, Asia Pacific and South America.
· In 2018, Bosch Sensortec launched the smart sensors hub BHI260 and BHA260 for wearables, hearables, AR/VR and other mobile devices.
· In 2016, Omron launched high-precision human detecting sensor that detects number and location of humans.
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The market is based on Type, Location, Vertical And Geographical Segments.
· Based on type, the market is segmented into
o Air quality
o Water quality
o Soil moisture
· Based on location, the market is segmented into
· Based on vertical, the market is segmented into
· Based on geography, the market report covers data points for 28 countries across multiple geographies such as
o North America
o South America
o Middle East & Africa
· Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Market Drivers and Restraints:
· Increasing demand for industrials and agricultural sector.
· Growing demand in the combustion of fossil fuels and mine waste disposal.
· Research and development took place to improve the low cost miniature sensors.
· Rising demand for disaster detection and water quality monitoring.
· Distortion due to high cost of establishment.
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