Environmental Sensor Market Size
Environmental Sensor Market Forecast, 2020-2030: Key Trends and Innovations Shaping the Future
Industrial, manufacturing, and agriculture sectors drive environmental sensor growth. Barriers include awareness and limited lifespan, but smart homes and IoT advancements offer opportunities.— Allied Market Research
WILMINGTON, DE, UNITED STATES, March 18, 2025 /
EINPresswire.com/ -- The global
environmental sensor market share and environmental sensor market size are expected to witness considerable growth, owing to include increasing use of environmental sensors in the industrial and manufacturing sectors and the ongoing technological advancements in IoT and cloud-based services. Allied Market Research, titled, โEnvironmental Sensor Market by Type and End User: Global Opportunity Analysis and Industry Forecast, 2021โ2030,โ The global environmental sensor market share was $1.43 billion in 2020, and is projected to reach $3.86 billion by 2030, registering a CAGR of 9.7% from 2021 to 2030.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐:
https://www.alliedmarketresearch.com/request-sample/A12896
The key factor that drives the growth of the environmental sensor market size include the increasing use of environmental sensors in the industrial and manufacturing sectors, stringent government regulations on pollution control, and rising demand for environmental sensors in the agriculture sector are expected to drive the growth of the market in the future. However, lack of awareness and a limited life span. Moreover, growing smart homes initiative and ongoing technological advancements in IoT and cloud-based services create ample opportunities for the environmental sensor market growth.
By type, the environmental sensors market is fragmented into humidity, temperature, pressure, gas, and others. The gas segment was the highest revenue-generating segment accounting for $ 347.4 million in 2020. However, the Temperature segment is expected to witness the fastest growth at a CAGR of 10.8% during the forecast period.
By end user, the market is divided into industrial, residential, commercial, automotive, government and public utilities, and others. The Government and Public Utilities segment was the highest revenue-generating segment accounting for $ 391.7 million in 2020. However, the Industrial segment is expected to witness the fastest growth at a CAGR of 10.8% during the forecast period.
By region, the environmental sensor market analysis is done across North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor and was valued at $428.9 million in 2020. This region is further expected to attain a market value of $559.5 billion by 2022, to grow at a CAGR of 8.2%. Moreover, Asia-Pacific is expected to maintain its dominant position during the forecast period.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐ฒ๐จ๐ฎโ๐ซ๐ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ:
https://www.alliedmarketresearch.com/request-for-customization/A12896
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The Environmental Sensor industry's key market players adopt various strategies such as product launches, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ฃ๐จ๐ซ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐๐ง๐ฌ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐,
ABB
Amphenol
AMS AG
Bosch Sensortec
Honeywell International Inc.
Omron Corporation
Schneider Electric
Sensirion
STMicroelectronics
Texas Instruments
Some of the environmental sensor companies have witnessed temporary delays in services, increased costs, delays, and revenue losses due to the pandemic.
The manufacturing sector witnessed severe loss, and thus no new orders have been placed during the pandemic. In addition, this impact is estimated to continue till 2021. Moreover, international consumer electronics and electric devices markets are in a very weak state, owing to lockdowns imposed to tackle the pandemic. Although the markets in the U.S. and Europe witnessed mild recovery in the second half of 2020, they are still significantly down on pre-crisis levels. Therefore, the market is facing major obstacles from the emergence of the COVID-19 pandemic.
The overall impact of the pandemic is impacting the production process of several industries, including semiconductors and electronics. Trade barriers are further constraining the demand and supply outlook. The overall production process is adversely affected as governments of different countries have already announced a total lockdown and temporary shutdown of industries.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :
https://www.alliedmarketresearch.com/purchase-enquiry/A12896
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๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
- The commercial sector is projected to be the major industry vertical during the forecast period.
- North America and Asia-Pacific dominate the market in 2020.
- Asia-Pacific is anticipated to witness the highest growth rate during the
environmental sensor market forecast period.
- The U.S. was the major shareholder in 2020 in the North American environmental sensor market.
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Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
David Correa
Allied Market Research
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