The global environmental sensor market is anticipated to grow from USD 1.35 billion in 2020 to USD 2.65 billion by 2027, expanding at a CAGR of 10.15% during the forecast period 2021-2027.

The global environmental sensor is anticipated to grow at a CAGR of 10.15% during the forecast period 2021-2027.The global environmental sensor market is attributed to grow owing to continuous technological development in IoT and cloud-based services, rising adoption of environmental sensors in various products such as consumer devices, HVAC, air purifiers, etc. Moreover, the use in various industrial verticals such as consumer electronics, government and public utilities will drive the growth of the global environmental sensors market.

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The COVID-19 outbreak has substantially increased the need for sensors especially air quality sensors on indoor and outdoor locations due to the increasing health-related problems and consumer awareness about environmental pollution.

Temperature sensors are anticipated to be the most promising market during the forecast period owing to the adoption of temperature sensors in portable devices, increasing demand for residential and smart city projects, technological development in sensors results in making miniature sensors.
Factors driving the growth of environmental sensors are global climatic change, rise in population, government initiatives to reduce pollution, mounting global investment about environmental management.

Asia-Pacific is anticipated to be the fastest growing region in the environmental sensor market owing to industrialization, proliferation of technologies like smart cities, autonomous vehicles, IoT applications, home automation and industrial automation.

The prominent players in the environmental sensor industry include Bosch Sensortec, Honeywell International Inc, Schneider Electric, Sensirion, Texas Instruments, Omron, AMS AG, Siemens AG and Amphenol.

Source: VynZ Research