The Global Environmental Sensor Market is expected to grow to $2. The market size for global environmental sensors is expected to grow at 8.7% annually by 2027. 4% CAGR over the forecast period. Environment sensors are used for monitoring, recording, and measuring variables such as humidity, temperature, heat loss, etc.
New York, March 1, 2022 (GLOBE NEWSWIRE), — Reportlinker.com announces that the report “Global Environmental Sensitivity Market By Type, End User, and Regional Outlook, Industry Analysis Report, and Forecast, 2021 – 2027” has been released. https://www.reportlinker.com/p06240989/?utm_source=GNW
Environmental sensors are used in consumer electronics, smart homes, air pollution monitoring, smart homes, and other gadgets. The sector of environmental sensors is expected to generate moderate income with R&D and testing for the sensor. However, environmental sensors are rapidly maturing and will generate moderate revenue for companies.
COVID-19 Impact
The world’s most dangerous economic risk, COVID-19’s continued expansion, has brought widespread anxiety and economic suffering to consumers, businesses, as well as communities around the world. The “new normal”, which includes social isolation, working from home (WFH), and difficulties with daily activities, routine work and supplies, has led to missed opportunities and delayed projects. The COVID-19 epidemic has had a profound impact on society as well as the economy. The impact of the outbreaks on the supply chain is growing every day. This has increased stock market uncertainty, lowered corporate confidence, hindered supply chain and raised customer concerns.
Market Growth Factors
Use in the industrial and manufacturing sector
A sensor is an equipment that uses modern wireless technology in order to sense its surroundings and transmit real time data. Sensors are vital in factories and automation as they allow machines to communicate with each other and allow them to track and control each other. Sensors can be classified according to their use and appropriateness. Some sensors are mass-produced. Others are custom-made to meet customer needs. Sensors are used in the medical, industrial, racing and aerospace industries.
Respective environmental standards and continuous advancements in IoT-based services and IoT technology are key to success
Pollution is a problem in cities. It is caused when pollutants are introduced into the environment. This can lead to harmful changes in ecosystems. The regulation of environmental sensors is becoming more stringent as people become more aware the dangers posed to the environment by harmful gas emissions from different businesses. The market for environmental sensors is being driven by strict guidelines and laws from various governments around the globe.
Market Restraining Factors
Advanced sensor applications have very strict performance requirements
Specifications for environmental sensors vary depending on the technology and application. These sensors must meet stringent size and power consumption standards for consumer electronics applications. In such cases, it can be very difficult to integrate many sensors with consumer applications like smartphones. Additionally, sensors specifications may change as a result of changes in the industry or sector. Gas sensor quality standards for advanced applications are crucial because of the differences in gas sensing characteristics between the automotive sector and the oil and gas industry.
Type Outlook
The market is divided by type into Temperature and Gas, Humidity, Pressure, or Other. In 2020, the market for environmental sensors was dominated by the Gas segment. Because toxic gases in the environment also cause one out of four deaths and have an impact on children’s health, this is why it holds a significant revenue share in the overall environmental sensor market in 2020. Indoor and outdoor pollutants were the fourth leading cause worldwide of death in 2016. Therefore, all current structures, including offices, government officials, and institutions, are equipped with precise and effective gas sensors.
Outlook for End Users
The market is divided into five segments based on End User: Residential, Commercial and Government & Public Utilities; Automotive, Industrial and Other. In 2020, the market for environmental sensors was dominated by the Government and Public utilities segment. This is due to increasing concerns about extreme environmental conditions. Many governments have started to set up weather monitoring sites. As a result, there has been an increase in the number of weather monitoring stations in smart cities initiatives in the government vertical.
Regional Outlook
The market is divided into North America and Europe, Asia Pacific, Latin America, Middle East, Africa, and Asia Pacific based on Regions. The Asia Pacific emerged the dominant region. This is due in part to the growing use of smart phones in APAC, which has opened the door for environmental sensors to be more widely integrated into these smart phones.
Product Launches are the most popular strategy followed by market participants. Based on the Analysis in the Cardinal matrix, Honeywell International, Inc., ABB Group, Texas Instruments, Inc., and Texas Instruments, Inc. are the leaders in the Environmental Sensor Market. The Market is dominated by companies such as Schneider Electric SE, Robert Bosch, Amphenol Corporation, and Schneider Electric SE.
The market research report includes analysis of key market stakeholder. The report profiles key companies such as Robert Bosch GmbH (Bosch Sensortec GmbH), ABB Group, Texas Instruments, Inc., AMS AG, Honeywell International, Inc., Omron Corporation, Schneider Electric SE, STMicroelectronics N.V, Amphenol Corporation, Sensirion AG.
Recent Strategies in Environmental Sensor Market
Partnerships, collaborations and agreements:
April 2021: Sensirion joined forces with s-peers AG, Tgerwilen. This collaboration was to develop an innovative concept for storing, evaluating and predicting air-quality data. Sensirion’s environmental sensors are used to monitor and control air quality. This would be possible through the s-peers approach.
Jan-2021: ABB partnered ACA Systems (the leading supplier porosity sensors), with ABB. This partnership was created to provide paper mill customers with a reliable technology that allows them to maintain roll quality and measure online porosity.
Product Launches & Product Expansion
Oct-2021: ams released an ambient light sensor that uses proprietary UV-A detection. For many years, smartphones & smartwatches were capable of monitoring vital signs like pulse and oxygen saturation in blood.
Oct-2021: Honeywell introduced two new Bluetooth-connected gas detectors. These detectors provide continuous monitoring for hazardous gases in rain, snow, and fog. They also assist facilities in keeping their petrochemical, petroleum, oil and gas, and chemical workers and industrial sites safe.
Oct-2021: ABB launches its latest FusionAir Smart Sensor, which is a touchless room sensor. This sensor can be equipped with optional room control sensors to monitor the temperature, CO2, humidity, and VOCs.
Oct-2021: Sensirion introduced SHT41, and SHT45 new versions of its fourth generation humidity sensors. These sensors provide more precise humidity and temperature specifications, making them the new market standard.
Aug-2021: Sensirion introduces three flow sensors for respiratory applications. These sensors are all part of the popular SFM3xxx platform. They can be used for inspiratory purposes at ambient pressure. The SFM3003 has a longer flow range of -150 to 300 slm. The SFM3013 is resistant and calibrated for Heliox. Additionally, the SFM3119 has a digital sensor that joins the SFM31xx series.
June 2021: Texas Instruments introduced the first devices in a new range of humidity sensors. Engineers can now develop more reliable industrial systems and automotive systems using the HDC3020-Q1 and HDC3020 -Q1. These devices help to combat potential moisture damage and to react to changes in water vapor conditions.
April 2021: Honeywell releases its gas cloud imaging system (GCI), in Europe. This system would allow for continuous and automated monitoring of any leakage of harmful and polluting gases like methane from oil and gas, chemical, power generation and other facilities across Europe.
April 2021: Bosch Sensortec announced an environmental MEMS sensor as well as AI-based software to reduce the chance of virus infection. These sensors will be of great value to customers and Bosch Sensortec will increase its focus on hardware-software collaboration by using advanced algorithms and embedded AI.
Mar-2021: Bosch Sensortec releases the BMP384, a robust and compact barometric pressure sensors. This sensor delivers high performance and low power consumption making it ideal for industrial applications in harsh environments.
Nov-2020: Honeywell has introduced Honeywell Electronic Air Cleaners with UV Systems and a new range of indoor air quality (IAQ), sensors to expand its holistic Healthy Buildings Air Quality offering. This expansion would enhance and measure commercial building indoor air quality.
Acquisitions and Mergers
Sep-2021: Sensirion acquired AiSight. AiSight is an innovative supplier of machine diagnostics solutions. This acquisition was made to expand and support Sensirion’s business. AiSights technology would enable manufacturing companies to reduce unplanned downtime and improve production process quality.
April 2021: Amphenol Corporation acquired MTS Systems Corporation, a global supplier for test systems and industrial positioning sensors. This acquisition was intended to increase the strength and breadth of Amphenol Corporation, MTS Systems Corporation, and to enhance their sensor product portfolios.
Scope of the Study
The Report covers Market Segments:
By Type
Temperature
Gas
Humidity
Pressure and
Others
End User
Commercial
Residential
Government & Public Utilities
Automotive
Industrial
Others
By Geography
North America
o US
Canada
Mexico
o The Rest of North America
Europe
Germany
o UK
France
Russia
Spain
o Italy
o Rest of Europe
Asia Pacific
China
Japan
India
South Korea
o Singapore
Malaysia
o Rest of Asia Pacific
LAMEA
o Brazil
Argentina
UAE
o Saudi Arabia
South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
Robert Bosch GmbH (Bosch Sensortec GmbH)
ABB Group
Texas Instruments, Inc.
AMS AG
Honeywell International, Inc.
Omron Corporation
Schneider Electric SE
STMicroelectronics N.V.
Amphenol Corporation
Sensirion AG
Unique Offerings
Exhaustive coverage
The highest number of market tables or figures
Subscription-based model is available
Best price guarantee
You get 10% customization for your post-sales research support
You can read the entire report here https://www.reportlinker.com/p06240989/?utm_source=GNW
About Reportlinker
ReportLinker is an award winning market research solution. Reportlinker organizes and finds the most recent industry data, so you can get all the market research that you need, instantly and in one place.
__________________________
CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
