The Global Environmental Sensors Market was Valued at $1.08bn in 2018 and is Forecast to Reach $1.83bn by 2023 – ResearchAndMarkets.com

The “Global Environmental Sensors Market – Segmented by Product Type (Fixed, Portable), Sensing Type (Humidity, Temperature, Gas, Pressure), End User, and Region – Growth, Trends, and Forecast (2018 – 2023)” report has been added to ResearchAndMarkets.com’s offering.

The Environmental sensors market was valued at USD 1.08 billion in 2018 and is expected to register a CAGR of over 9.21% during the forecast period 2018-2023, to reach a value of USD 1.83 billion by 2023.

The environmental sensor market is driven by the increasing government initiatives for curbing environmental pollution. Expanding industrial development with the industry 4.0 is also a prominent driving factor for the market.
The recent trend of environment-friendly industrial spaces limits the disposal of industrial byproduct in to the environment. Thus, industries use environmental sensors to monitor and limit their disposal. Further, increasing awareness towards harmful medical implications of pollution has led to expanding integration of environmental sensors in various sectors, like automotive, agriculture, oil and gas, and aviation, among others. The growing trend of smart home systems also had a significant impact on the growth of the environmental sensors.
The factors restraining the market are weak pollution control reforms in the developing countries and the export barriers for environmental technologies in new and emerging markets.
Key Highlights
  • Increasing Awareness toward Health Implications of Environmental Pollution
  • North America is the Largest Region for the Market

Major Developments in the Market

  • Omron released multi-function Environmental Sensors for IoT. Omron launched multi-function Environmental Sensor that quickly allows designers to monitor seven parameters from one easy to integrate module.
  • Sensirion launched new evaluation kit for environmental sensors. Sensirion offers its SEK-Environmental Sensing. The SEK-Environmental Sensing allows engineers to evaluate sensors and develop innovative sensor applications even more quickly and easily.
Companies Profiled
  • ams AG
  • Powelectrics
  • Raritan Inc
  • Texas Instruments Incorporated
  • Sensirion AG Switzerland
  • Toshniwal Sensing Devices Pvt. Ltd.
  • Eurotech
  • Omega Engineering Inc.
  • Earth Sciences
  • Winsen
  • NESA Srl
  • EKO Instruments B.V
  • Servoflo Corporation

Topics Covered

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1. Introduction

2. Research Methodology

3. Environmental Sensors Market Insights

4. Environmental Sensors Market Dynamics

5. Global Environmental Sensor Market Segmentation

6. Competitive Intelligence – Company Profiles

7. Investment Analysis

8. Future of Environmental Sensor Market

For more information about this report visit https://www.researchandmarkets.com/research/qbgvxh/the_global?w=4

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