Global 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), Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East and Africa) -Industry Trends and Forecast to 2025.
Market Analysis: Global Environmental Sensor Market
The global environmental sensor 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. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Definition: Global Environmental Sensor Market
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.
In 2018, Bosch Sensortec launched the smart sensors hub BHI260 and BHA260 for wearables, hearables, AR/VR and other mobile devices.
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.
Market Segmentation: Global Environmental Sensor Market
- The market is based on type, location, vertical and geographical segments.
- Based on type, the market is segmented into temperature, humidity, air quality, water quality, integrated, UV, and soil moisture.
- Based on location, the market is segmented into indoor, outdoor and portable.
- Based on vertical, the market is segmented into government, commercial, industrial, residential, consumer, enterprise.
- Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and 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.
Competitive Analysis: Global Environmental Sensor Market
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 market shares of environmental sensor market for global, Europe, North America, Asia Pacific and South America.
In 2016, Omron launched high-precision human detecting sensor that detects number and location of humans.
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Key Players: Global Environmental Sensor Market
The renowned players in global environmental sensor market are Bosch Sensortec, Sensirion, AMS AG , Omron, Honeywell International, Raritan, Siemens, Texas Instruments, Schneider Electric, Amphenol, STMicroelectronics, IDT, AVTECH, Analog Devices, Apogee Instruments, TE Connectivity, NuWave Sensors, Elichens, Breeze Technologies, N.V., Freescale Semiconductor Ltd., ABB Ltd., Apogee Instruments and many more.
Research Methodology: Global Environmental Sensor Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other.