Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Environmental Sensors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Environmental Sensors Market to Reach $2.6 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Environmental Sensors estimated at US$1.5 Billion in the year 2022, is projected to reach a revised size of US$2.6 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Temperature, one of the segments analyzed in the report, is projected to record a 7.9% CAGR and reach US$874 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Gas segment is readjusted to a revised 6.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $412 Million, While China is Forecast to Grow at 11.4% CAGR
The Environmental Sensors market in the U.S. is estimated at US$412 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$601.2 Million by the year 2030 trailing a CAGR of 11.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 7.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$358.8 Million by the year 2030.
Select Competitors (Total 42 Featured) -
- Aclima, Inc.
- Amphenol Corporation
- ams AG
- Analog Devices, Inc.
- Apogee Instruments, Inc.
- Avtech Corporation
- Bosch Sensortec GmbH
- Breeze Technologies UG
- Elichens
- Honeywell International, Inc.
- Nuwave Sensor Technology Limited
- Omron Corporation
- Raritan Americas, Inc.
- Schneider Electric SA
- Sensirion AG
- Siemens AG
- STMicroelectronics NV
- TE Connectivity Ltd.
- Texas Instruments, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 244 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.5 Billion |
| Forecasted Market Value (USD) by 2030 | $2.6 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Environmental Sensor Market: An Overview
- Global Environmental Sensor Market: Percentage Breakdown of Volume Sales by Leading Players
- Global Environmental Monitoring Market: Percentage Breakdown of Volume Sales by Leading Players
- Global Environmental Sensing and Monitoring Market: Percentage Breakdown of Volume Sales by Leading Players
- Global Noise Monitoring System Market: Percentage Breakdown of Volume Sales by Leading Players
- Environmental Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Big Data and IoT Plays a Major Role in Analyzing Atmospheric and Environmental Data
- Rising Pollution Levels Increase Demand for Environmental Sensors
- Government Initiatives to Curb Pollution Fuels Demand
- Green Building Initiatives Coupled with Smart Home Movement Drives Market Growth
- Environmental Sensor: Key Challenges
- Developed Economies, with Huge Government Funding Escalates Demand for Environmental Sensors
- Integrated Environmental Sensors Gains Traction
- Consumer Electronics Leads the End-Use Market
- Miniaturization of Sensors and Components Augurs Well for the Market
- Product Innovations and Efficient Pricing Offer Great Opportunities for Players
- Environmental Sensor: Major Restraints
- INNOVATIONS & ADVANCEMENTS
- Macquarie Capital Signs Agreement with Spectris Plc for Environmental Monitoring Business
- Qatar and Japan Collaborate to Overcome Air Quality Monitoring in Qatar
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/l1455y
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