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. Environmental sensors are used for measuring, monitoring, and recording environmental parameters such as humidity, temperature, and heat loss. Environmental sensors are widely used in air pollution monitoring, smart homes, consumer electronics, and other devices.

In the coming years, the environmental sensors industry is expected to generate moderate revenue with investments in development, research, and tests toward environmental sensor. However, the environmental sensors market is reaching its maturing stage, and is expected to generate modest revenue for key players in the coming years.

Factors such as increasing use of environmental sensors in industrial and manufacturing sectors, stringent government regulations on pollution control, and rising demand for environmental sensors in the agriculture sector are expected to drive growth of the market in the future. However, lack of awareness and limited life span acts as major barrier and hampers the market growth. Furthermore, factors such as growing smart homes initiative and ongoing technological advancements in IoT and cloud-based services are expected to offer lucrative opportunities for growth of the market .

Segmentation

The environmental sensors market is analyzed by type, end use, and region. By type, the market is divided into humidity, temperature, pressure, gas, and others. By end user, it is divided into industrial, residential, commercial, automotive, government & public utilities, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.

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The key players profiled in the report include ABB, Amphenol, AMS AG, Bosch Sensortec, Honeywell International Inc., Omron Corporation, Schneider Electric, Sensirion, STMicroelectronics, and Texas Instruments . These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

Key Benefits for Stakeholders

This study comprises analytical depiction of the environmental sensor market size, environmental sensor market growth along with the current trends and future estimations to depict imminent investment pockets.

The overall environmental sensor market analysis and environmental sensor market outlook is determined to understand the profitable trends to gain a stronger foothold. 

The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

The present environmental sensor market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency. 

Porter’s five forces analysis illustrates the potency of the buyers and the sensor market share of key vendors.

The report includes the market trends, environmental sensor market size and the environmental sensor market share of key vendors.

Environmental Sensor Market Report Highlights

By Type
Humidity
Temperature
Pressure
Gas
Others
By EndUser
Industrial
Residential
Commercial
Automotive
Government & Public Utilities
Others
By Region
North America  (U.S., Canada, Mexico)
Europe   (UK, Germany, France, Italy, Rest of Europe)
Asia-Pacific  (China, Japan, South Korea, Rest of Asia-Pacific)
LAMEA  (Latin America, Middle East, Africa)

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