Environmental Sensor Market Potentially Worth $ USD 2.19 billion by 2023

Environmental sensor market to grow at CAGR of 9.9% from 2018 to 2023.

July 31, 2018 /MarketersMedia/ —

The environmental sensor market is expected to be valued at USD 1.37 billion in 2018 and is projected to reach USD 2.19 billion by 2023, at a CAGR of 9.9% from 2018 to 2023. Major players in the Environmental Sensor Market are Bosch Sensortec (Germany), Sensirion (Switzerland), AMS AG (Austria), Omron (Japan), Honeywell International (US), Raritan (US), Siemens (Germany), Texas Instruments (US), Schneider Electric (France), Amphenol (US), STMicroelectronics (Switzerland), IDT (US), AVTECH (US), Analog Devices (US), Apogee Instruments (US), TE Connectivity (Switzerland), NuWave Sensors (Ireland), Elichens (France), Aclima (US), and Breeze Technologies (Germany).

Download Brochure of Environmental Sensor Market spread across 158 Pages, Profiling 20 Companies and Supported with 71 Tables and 57 Figures is now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1594829 .

Key Target Audience
• Component and material providers
• Environmental sensor platform developers
• Environmental sensor and product manufacturers, and suppliers
• Assembly and testing vendors
• Original equipment manufacturers
• Research organizations and consulting companies
• Technology investors
• Associations, alliances, and organizations related to environmental sensors
• Analysts and strategic business planners
• End users

Get More Information on Environmental Sensor Market with Forecast, Analysis, Trends and Company Profiles at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1594829 .

Stringent environmental regulations to reduce air pollution and increase in health and safety concerns would upsurge demand for environmental monitoring systems. Long-term monitoring of environmental data may lead to short lifespan of sensors, which remains to be a major restraint affecting the growth of the environmental sensor market.

Market for portable environmental sensors to grow at faster rate during forecast period

The environmental sensor market for portable environmental sensors is expected to grow at a highest CAGR during the forecast period. Portable sensors are mainly used in handheld devices such as wrist bands, fitness bands, smart phones, and tablets. Due to the increasing use of portable sensors in a few fast-growing applications, it is expected that the market for these sensors would grow at the highest CAGR during the forecast period.

Get purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=1594829

Integrated environmental sensors expected to grow at highest CAGR for environmental sensor market during forecast period
Due to rising interests of government and stakeholders in smart city applications, it is expected that environmental sensors would be used in environmental monitoring activities on a larger scale. Many companies are developing integrated sensors with advanced technologies, such as IoT and Big Data, which helps to analyze the huge amount of environmental and atmospheric data, thus shifting from standalone systems to cloud-based services. Humidity, temperature, dust intensity, and UV radiation sensors are among the commonly used integrated sensors. Environmental sensors have a significant opportunity in the consumer electronics market. In smart phones and wearable devices, various sensors such as temperature, air quality, humidity, gas sensors, UV index, and integrated sensors are used for environmental sensing that can further contribute considerably to the growing popularity of MEMS sensors, considering the vast benefits that environmental sensors have to offer.

APAC to grow at highest rate for environmental sensor market during forecast period
APAC is likely to continue to hold the largest market and expected to be the fastest-growing region in the environmental sensor market owing to factors such as the increasing use of smart devices (e.g., smart phones and smart bands) in APAC paves the way for growing penetration of environmental sensors in these smart devices. Increasing pollution levels in APAC countries is set to drive the growth of the said market. As per World Health Organization (WHO) data, about one-third premature deaths are due to indoor and ambient air pollution. Increasing awareness among people regarding the impact of air pollution on health is creating more demand for air purifiers, air cleaners, air quality monitors, which, in turn, drives the growth of environmental sensor market.

Reasons to Buy the Report
• Illustrative segmentation, analysis, and forecast pertaining to the environmental sensor market based on type, vertical, application, location, and region have been conducted to provide an overall view of the market.
• Major drivers, restraints, opportunities, and challenges pertaining to the environmental sensor market have been detailed in this report.
• A detailed competitive landscape of the key players(along with their revenues) in the market has been included in this report.

About Us:
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Contact Info:
Name: Hrishikesh Patwardhan
Email: sales@rnrmarketresearch.com
Organization: RnRMarketresearch.com

Source URL: https://marketersmedia.com/environmental-sensor-market-potentially-worth-usd-2-19-billion-by-2023/386627

For more information, please visit http://www.rnrmarketresearch.com/environmental-sensor-market-by-type-temperature-humidity-air-quality-water-quality-integrated-uv-and-soil-moisture-vertical-government-commercial-industrial-residential-consumer-enterprise-location-st-to-2023-market-report.html

Source: MarketersMedia

Release ID: 386627