Environmental Sensor Market Research Report - Global Forecast till 2023

Global Environmental Sensor Market, By Type (Temperature, Pressure, Water Quality, Chemical, Smoke, Humidity), End-User (Industrial, Commercial, Residential, Automotive, Consumer Electronics, Healthcare & Life Sciences, Government) - Forecast till 2023

ID: MRFR/SEM/5308-HCR | February 2021 | Region: Global | 100 pages

Market Synopsis
The global environmental sensor market was valued at USD 1.13 billion in 2017 and is exected to reach USD 1.99 billion by the end of forecast period with a CAGR of 10.21%.
The need for environmental monitoring has risen the adoption of environmental sensors such as pressure, temperature, chemical, gas, smoke and many others. These sensors have a major impact on the production, health, and comfort of the population. The major factors contributing towards the growth of environmental sensors market includes strict government regulations on pollution control, and rising demand for air quality monitoring in urban cities. Various governments across the globe have started penalizing industries, manufacturers, and even citizens for not maintaining the desired environmental standards. This has increased the demand for utilizing various environmental sensors at different spots and in different equipment to gather the information and optimize monitoring in real-time.
Despite the tremendous need for environmental monitoring and environmental sensors, the lack of efficient sensors for long-term environment monitoring is hampering the growth of the market. It is not feasible for enterprises to maintain and develop efficient sensors that can accurately monitor the changes in the environment. However, the ongoing advancements in IoT and nanotechnology-based environmental monitoring, and increased adoption of environmental sensors for consumers, HVAC, and air purifiers is posing various growth opportunities for the market.
Segmentation
By type, the market is segmented into temperature sensors, pressure sensors, water quality sensors, chemical sensors, gas sensors, smoke sensors, humidity sensors, and others.
By end-user, the market is segmented into industrial, commercial, residential, automotive, consumer electronics, healthcare & life sciences, government, and others. The consumer electronics segment is further divided into smartphone & tablet, and wearable devices.
Regional analysis
The global market for environmental sensor is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of environmental sensor market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America). The adoption of sensors for monitoring the environment has significantly been increased due to rising challenges to maintain the quality of air in and around the industrial areas. North America is one of the regions with highest adoption rate of environmental sensors. This is due to a large concentration of manufacturing facilities in the US, and Canada. These facilities were designed with older environment security measures that do not comply with the present regulations for environment monitoring. However, costs involved in upgrading the traditional factories into smart factories is relatively high. Many enterprises have started implementing smart factories, yet small and medium enterprises refrain due to financial constraints and lack of proper infrastructure. With this, the organizations are experiencing need for environmental monitoring since the risk involved in getting penalized by the government for not maintaining an emission standard are rising. US and Canada are the dominating countries in North America growing with a staggering CAGR.
The market of environmental sensors is dominated by Europe. The region has highly economically established countries with a strict environmental policies and regulations. Countries such as Germany and UK are the dominating countries in environmental sensor market. However, Asia-Pacific is expected to grow with a highest CAGR. 
Global Environmental Sensor Market, USD Billions
Source: MRFR Analysis
The environmental sensor market is estimated to reach USD 2 billion by the end of forecast period 2018–2023 with a CAGR of 10%.
Key players
The key players in the environmental sensor market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are – Bosch Sensortec GmbH (Germany), Sensirion AG (Switzerland), ams AG (Austria), OMRON Corporation (Japan), Honeywell International Inc. (US), Raritan Inc. (US), ABB Ltd. (Switzerland), Siemens AG (Germany), Texas Instruments Incorporated (US), and Schneider Electric (France). These players contribute a major proportion towards market growth.
Apart from the top key players, there are other players that contribute nearly 35-40 % in the environmental sensor market. These include Amphenol (US), STMicroelectronics (Switzerland), IDT (US), AVTECH (US), Analog Devices (US), Freescale Semiconductor Inc. (US), Apogee Instruments (US), TE Connectivity (Switzerland), NuWave Sensors (Ireland), Elichens (France), Aclima (US), Breeze Technologies (Germany), and others.
Intended Audience

Consultancy firms and advisory firms
Technology investor and consultants
OEM
Component and material providers
Environmental sensor developers
Sensor product manufacturers and suppliers
Government
Environmentalist
Associations, alliances, and organizations
Analysts and strategic business planners



Frequently Asked Questions (FAQ) :


Global environmental sensor market is projected to grow at approximately 10.21% CAGR during the assessment period (2017-2023).

The valuation of the global environmental sensor market is estimated to increase to USD 1.99 BN by the end of 2023.

Strict government regulations on pollution control and rising demand for air quality monitoring in cities are major tailwinds pushing the growth of the global environmental sensor market.

Bosch Sensortec GmbH (Germany), Sensirion AG (Switzerland), ams AG (Austria), OMRON Corporation (Japan), Honeywell International Inc. (US), Raritan Inc. (US), ABB Ltd. (Switzerland), Siemens AG (Germany), Texas Instruments Incorporated (US), Amphenol (US), STMicroelectronics (Switzerland), IDT (US), AVTECH (US), Analog Devices (US), Freescale Semiconductor Inc. (US), Apogee Instruments (US), TE Connectivity (Switzerland), NuWave Sensors (Ireland), Elichens (France), Aclima (US), Breeze Technologies (Germany), and Schneider Electric (France), are some of the top players operating in the global environmental sensor market.

Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global environmental sensor market adopt to gain a larger competitive advantage.

TABLE OF CONTENTS
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Environmental Sensor Market

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Environmental Sensor Market by Type

7.1 Introduction

7.2 Temperature Sensors

7.2.1 Market Estimates & Forecast, 2018–2023

7.2.2 Market Estimates & Forecast by Region, 2018–2023

7.3 Pressure Sensors

7.3.1 Market Estimates & Forecast, 2018–2023

7.3.2 Market Estimates & Forecast by Region, 2018–2023

7.4 Water Quality Sensors

7.4.1 Market Estimates & Forecast, 2018–2023

7.4.2 Market Estimates & Forecast by Region, 2018–2023

7.5 Chemical Sensors

7.5.1 Market Estimates & Forecast, 2018–2023

7.5.2 Market Estimates & Forecast by Region, 2018–2023

7.6 Gas Sensors

7.6.1 Market Estimates & Forecast, 2018–2023

7.6.2 Market Estimates & Forecast by Region, 2018–2023

7.7 Smoke Sensors

7.7.1 Market Estimates & Forecast, 2018–2023

7.7.2 Market Estimates & Forecast by Region, 2018–2023

7.8 Humidity Sensors

7.8.1 Market Estimates & Forecast, 2018–2023

7.8.2 Market Estimates & Forecast by Region, 2018–2023

7.9 Others

7.9.1 Market Estimates & Forecast, 2018–2023

7.9.2 Market Estimates & Forecast by Region, 2018–2023

8 Environmental Sensor Market by End-User

8.1 Introduction

8.2 Industrial

8.2.1 Market Estimates & Forecast, 2018–2023

8.2.2 Market Estimates & Forecast by Region, 2018–2023

8.3 Commercial

8.3.1 Market Estimates & Forecast, 2018–2023

8.3.2 Market Estimates & Forecast by Region, 2018–2023

8.4 Residential

8.4.1 Market Estimates & Forecast, 2018–2023

8.4.2 Market Estimates & Forecast by Region, 2018–2023

8.5 Automotive

8.5.1 Market Estimates & Forecast, 2018–2023

8.5.2 Market Estimates & Forecast by Region, 2018–2023

8.6 Consumer Electronics

8.6.1 Smartphone and Tablet

8.6.1.1 Market Estimates & Forecast, 2018–2023

8.6.1.2 Market Estimates & Forecast by Region, 2018–2023

8.6.2 Wearable Devices

8.6.2.1 Market Estimates & Forecast, 2018–2023

8.6.2.2 Market Estimates & Forecast by Region, 2018–2023

8.7 Healthcare & Life Sciences

8.7.1 Market Estimates & Forecast, 2018–2023

8.7.2 Market Estimates & Forecast by Region, 2018–2023

8.8 Government

8.8.1 Market Estimates & Forecast, 2018–2023

8.8.2 Market Estimates & Forecast by Region, 2018–2023

8.9 Others

8.9.1 Market Estimates & Forecast, 2018–2023

8.9.2 Market Estimates & Forecast by Region, 2018–2023

9 Environmental Sensor Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast by Country, 2018–2023

9.2.2 Market Estimates & Forecast by Type, 2018–2023

9.2.3 Market Estimates & Forecast by End-User, 2018–2023

9.2.4 US

9.2.4.1 Market Estimates & Forecast by Type, 2018–2023

9.2.4.2 Market Estimates & Forecast by End-User, 2018–2023

9.2.5 Mexico

9.2.5.1 Market Estimates & Forecast by Type, 2018–2023

9.2.5.2 Market Estimates & Forecast by End-User, 2018–2023

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast by Type, 2018–2023

9.2.6.2 Market Estimates & Forecast by End-User, 2018–2023

9.3 Europe

9.3.1 Market Estimates & Forecast by Country, 2018–2023

9.3.2 Market Estimates & Forecast by Type, 2018–2023

9.3.3 Market Estimates & Forecast by End-User, 2018–2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast by Type, 2018–2023

9.3.4.2 Market Estimates & Forecast by End-User, 2018–2023

9.3.5 France

9.3.5.1 Market Estimates & Forecast by Type, 2018–2023

9.3.5.2 Market Estimates & Forecast by End-User, 2018–2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast by Type, 2018–2023

9.3.6.2 Market Estimates & Forecast by End-User, 2018–2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast by Type, 2018–2023

9.3.7.2 Market Estimates & Forecast by End-User, 2018–2023

9.3.8 UK

9.3.8.1 Market Estimates & Forecast by Type, 2018–2023

9.3.8.2 Market Estimates & Forecast by End-User, 2018–2023

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast by Country, 2018–2023

9.4.2 Market Estimates & Forecast by Type, 2018–2023

9.4.3 Market Estimates & Forecast by End-User, 2018–2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast by Type, 2018–2023

9.4.4.2 Market Estimates & Forecast by End-User, 2018–2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast by Type, 2018–2023

9.4.5.2 Market Estimates & Forecast by End-User, 2018–2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast by Type, 2018–2023

9.4.6.2 Market Estimates & Forecast by End-User, 2018–2023

9.4.7 Rest of Asia-Pacific

9.4.7.1 Market Estimates & Forecast by Type, 2018–2023

9.4.7.2 Market Estimates & Forecast by End-User, 2018–2023

9.5 Rest of the World

9.5.1 Market Estimates & Forecast by Country, 2018–2023

9.5.2 Market Estimates & Forecast by Type, 2018–2023

9.5.3 Market Estimates & Forecast by End-User, 2018–2023

9.5.4 Middle East & Africa

9.5.4.1 Market Estimates & Forecast by Type, 2018–2023

9.5.4.2 Market Estimates & Forecast by End-User, 2018–2023

9.5.5 Latin America

9.5.5.1 Market Estimates & Forecast by Type, 2018–2023

9.5.5.2 Market Estimates & Forecast by End-User, 2018–2023

10 Competitive Landscape

11 Company Profiles

11.1 Bosch Sensortec GmbH

11.1.1 Company Overview

11.1.2 Product/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.1.6 Key Strategy

11.2 Sensirion AG

11.2.1 Company Overview

11.2.2 Product/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.2.6 Key Strategy

11.3 ams AG

11.3.1 Company Overview

11.3.2 Product/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.3.5 SWOT Analysis

11.3.6 Key Strategy

11.4 OMRON Corporation

11.4.1 Company Overview

11.4.2 Product/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.4.5 SWOT Analysis

11.4.6 Key Strategy

11.5 Honeywell International Inc.

11.5.1 Company Overview

11.5.2 Product/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.5.6 Key Strategy

11.6 Raritan Inc.

11.6.1 Company Overview

11.6.2 Product/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.6.6 Key Strategy

11.7 ABB Ltd.

11.7.1 Company Overview

11.7.2 Product/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.7.6 Key Strategy

11.8 Siemens AG

11.8.1 Company Overview

11.8.2 Product/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.8.6 Key Strategy

11.9 Texas Instruments Incorporated

11.9.1 Company Overview

11.9.2 Product/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.9.6 Key Strategy

11.10 Schneider Electric

11.10.1 Company Overview

11.10.2 Product/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.10.5 SWOT Analysis

11.10.6 Key Strategy

12 Conclusion


LIST OF TABLES
Table 1 Environmental Sensor Market, by Region, 2018–2023

Table 2 North America: Environmental Sensor Market, by Country, 2018–2023

Table 3 Europe: Environmental Sensor Market, by Country, 2018–2023

Table 4 Asia-Pacific: Environmental Sensor Market, by Country, 2018–2023

Table 5 Middle East & Africa: Environmental Sensor Market, by Country, 2018–2023

Table 6 Latin America: Environmental Sensor Market, by Country, 2018–2023

Table 7 Global Environmental Sensor Type Market, by Region, 2018–2023

Table 8 North America: Environmental Sensor Type Market, by Country, 2018–2023

Table 9 Europe: Environmental Sensor Type Market, by Country, 2018–2023

Table 10 Asia-Pacific: Environmental Sensor Type Market, by Country, 2018–2023

Table 11 Middle East & Africa: Environmental Sensor Type Market, by Country, 2018–2023

Table 12 Latin America: Environmental Sensor Type Market, by Country, 2018–2023

Table 13 Global Environmental Sensor End-User Market, by Region, 2018–2023

Table 14 North America: Environmental Sensor End-User Market, by Country, 2018–2023

Table 15 Europe: Environmental Sensor End-User Market, by Country, 2018–2023

Table 16 Asia-Pacific: Environmental Sensor End-User Market, by Country, 2018–2023

Table 17 Middle East & Africa: Environmental Sensor End-User Market, by Country, 2018–2023

Table 18 Latin America: Environmental Sensor End-User Market, by Country, 2018–2023

LIST OF FIGURES
FIGURE 1 Global Environmental Sensor Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Environmental Sensor Market

FIGURE 4 Value Chain of Global Environmental Sensor Market

FIGURE 5 Share of Global Environmental Sensor Market in 2017, by Country (in %)

FIGURE 6 Global Environmental Sensor Market, 2018–2023

FIGURE 7 Sub-segments of Service Type

FIGURE 8 Global Environmental Sensor Market Size, by Type, 2017

FIGURE 9 Share of Global Environmental Sensor Market, by Type, 2018 to 2023

FIGURE 10 Global Environmental Sensor Market Size, by End-User, 2017

FIGURE 11 Share of Global Environmental Sensor Market, by End-User, 2018 to 2023