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Environmental Sensors - Global Market Trajectory & Analytics

  • ID: 4804959
  • Report
  • April 2021
  • Region: Global
  • 222 pages
  • Global Industry Analysts, Inc
Global Environmental Sensors Market to Reach $2.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Environmental Sensors estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2027, growing at a CAGR of 8.5% over the analysis period 2020-2027. Temperature, one of the segments analyzed in the report, is projected to record a 9.4% CAGR and reach US$624.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Humidity segment is readjusted to a revised 8.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $396.3 Million, While China is Forecast to Grow at 11.4% CAGR

The Environmental Sensors market in the U.S. is estimated at US$396.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$539.6 Million by the year 2027 trailing a CAGR of 11.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 7.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Air Quality Segment to Record 8% CAGR

In the global Air Quality segment, USA, Canada, Japan, China and Europe will drive the 7.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$317.5 Million in the year 2020 will reach a projected size of US$525.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$364 Million by the year 2027, while Latin America will expand at a 9.3% CAGR through the analysis period.

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.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Environmental Sensor Market: An Overview
  • COMPETITION
  • Exhibit 1: Global Environmental Sensor Market: Percentage Breakdown of Volume Sales by Leading Players
  • Exhibit 2: Global Environmental Monitoring Market: Percentage Breakdown of Volume Sales by Leading Players
  • Exhibit 3: Global Environmental Sensing and Monitoring Market: Percentage Breakdown of Volume Sales by Leading Players
  • Exhibit 4: Global Noise Monitoring System Market: Percentage Breakdown of Volume Sales by Leading Players
  • Impact of Covid-19 and a Looming Global Recession
  • 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
  • PRODUCT OVERVIEW
  • Environmental Sensors: An Insight
  • Types of Contamination
  • Types of Monitoring
  • Types of Sensors
  • Environmental Monitoring: A Preview
  • Breakthrough PorTable Environment Sensor Technologies: A Glance
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 42
Note: Product cover images may vary from those shown
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