Global Environmental Sensor Market Analysis 2024, Forecast To 2033
8 Mar, 2024
The environmental sensor market has experienced rapid growth, ascending from $1.77 billion in 2023 to $1.96 billion in 2024, with a CAGR of 11.0%. This growth is driven by industrialization, environmental awareness, stringent regulations, and government initiatives for pollution control. Looking ahead, the market is poised for strong growth, reaching $2.86 billion in 2028, with a CAGR of 9.9%. Factors driving this growth include the adoption of wireless sensor networks, expansion of smart city initiatives, and investments in real-time environmental monitoring. Noteworthy trends include AI integration, wearable environmental sensors, drone-based monitoring, and low-cost sensor solutions, addressing the growing need for environmental sustainability and monitoring solutions.
Global Environmental Sensor Market Key Driver
The environmental sensor market is witnessing growth fueled by the rapid adoption of smart cities. With the number of smart cities increasing by 20% in 2021, there is a growing need for environmental sensors to collect electronic data for smart infrastructure and services. These sensors enable smart transportation systems, energy management, and environmental monitoring, contributing to the efficiency and sustainability of smart cities. As the adoption of smart cities continues to rise, the demand for environmental sensors is expected to surge, driving the growth of the market.
Get A Free Sample Of The Global Environmental Sensor Market ReportGlobal Environmental Sensor Market Segments
The environmental sensor market covered in this report is segmented –
1) Type:Temperature, Humidity, Air Quality, Water Quality, Integrated, Gas, Chemicals, Smoke, Ultraviolet (UV), Soil Moisture
2) Application:Smart Home Automation, Factory Automation, Smart Cities, Automotive Powertrain System, Energy Harvesting, Other Applications
3) End User:Industrial, Residential, Commercial, Automotive, Government And Public Utilities, Other End-Users
By Geography: The countries covered in the environmental sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the environmental sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the environmental sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Environmental Sensor Industry Players
Siemens AG; Schneider Electric SE; Honeywell International Inc.; ABB Ltd.; Texas Instruments Incorporated; Emerson Electric Co.; TE Connectivity; Microelectronics N.V.; Infineon Technologies AG; Amphenol Corporation; Renesas Electronics Corporation; Omron Corporation; Ams OSRAM AG; Horiba Group; Sick AG; Sensirion AG; RioT Technology Corp.; Figaro Engineering Inc.; Omega Engineering Inc.; Bosch Sensortec GmbH; Eurotech SpA.; Raritan; Eko Instruments BV; Avtech Software Inc.; Breeze Technologies; Elichens; NuWave Sensor; Nesa Srl.; Apogee Instruments Inc.; Aeroqual Ltd.
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Environmental Sensor Market Overview
Environmental sensors are sensors that track the environment and provide real-time data about temperature and humidity, wind speed and direction, and rainfall. Environmental sensors are used to record, store, test, and accurately measure vital environmental information using Data Center Infrastructure Management (DCIM) software.