Environmental Sensors Global Market Report 2023: Big Data and IoT Plays a Major Role in Analyzing Atmospheric and Environmental Data


Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Environmental Sensors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Environmental Sensors Market to Reach $2.6 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Environmental Sensors estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$2.6 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Temperature, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$874 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Gas segment is readjusted to a revised 6.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $412 Million, While China is Forecast to Grow at 11.4% CAGR

The Environmental Sensors market in the U.S. is estimated at US$412 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$601.2 Million by the year 2030 trailing a CAGR of 11.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 7.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$358.8 Million by the year 2030.

Select Competitors (Total 42 Featured) -

  • Aclima, Inc.
  • Amphenol Corporation
  • ams AG
  • Analog Devices, Inc.
  • Apogee Instruments, Inc.
  • Avtech Corporation
  • Bosch Sensortec GmbH
  • Breeze Technologies UG
  • Elichens
  • Honeywell International, Inc.
  • Nuwave Sensor Technology Limited
  • Omron Corporation
  • Raritan Americas, Inc.
  • Schneider Electric SA
  • Sensirion AG
  • Siemens AG
  • STMicroelectronics NV
  • TE Connectivity Ltd.
  • Texas Instruments, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages244
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.5 Billion
Forecasted Market Value (USD) by 2030$2.6 Billion
Compound Annual Growth Rate7.1%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Environmental Sensor Market: An Overview
  • Global Environmental Sensor Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Environmental Monitoring Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Environmental Sensing and Monitoring Market: Percentage Breakdown of Volume Sales by Leading Players
  • Global Noise Monitoring System Market: Percentage Breakdown of Volume Sales by Leading Players
  • Environmental Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Big Data and IoT Plays a Major Role in Analyzing Atmospheric and Environmental Data
  • Rising Pollution Levels Increase Demand for Environmental Sensors
  • Government Initiatives to Curb Pollution Fuels Demand
  • Green Building Initiatives Coupled with Smart Home Movement Drives Market Growth
  • Environmental Sensor: Key Challenges
  • Developed Economies, with Huge Government Funding Escalates Demand for Environmental Sensors
  • Integrated Environmental Sensors Gains Traction
  • Consumer Electronics Leads the End-Use Market
  • Miniaturization of Sensors and Components Augurs Well for the Market
  • Product Innovations and Efficient Pricing Offer Great Opportunities for Players
  • Environmental Sensor: Major Restraints
  • INNOVATIONS & ADVANCEMENTS
  • Macquarie Capital Signs Agreement with Spectris Plc for Environmental Monitoring Business
  • Qatar and Japan Collaborate to Overcome Air Quality Monitoring in Qatar

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/l1455y

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Global Market for Environmental Sensors

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