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Key Emerging Trends in Environmental Sensor

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According to the market research report "Environmental Sensor Market by Type (Temperature, Humidity, Air Quality, Water Quality, Integrated, UV, and Soil Moisture), Vertical (Government, Commercial, Industrial, Residential, Consumer, Enterprise), Location, and Geography - Global Forecast to 2023", the environmental sensor market, the overall market is estimated to be worth 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. – PowerPoint PPT presentation

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Title: Key Emerging Trends in Environmental Sensor


1
MarketsandMarkets Presents

Key Emerging Trends in Environmental
Sensor Environmental Sensor Market by Type
(Temperature, Humidity, Air Quality, Water
Quality, Integrated, UV, and Soil Moisture),
Vertical (Government, Commercial, Industrial,
Residential, Consumer, Enterprise), Location, and
Geography - Global Forecast to 2023 https//www.m
arketsandmarkets.com/Market-Reports/environmental-
sensor-market-36880440.html
2
According to the market research report
"Environmental Sensor Market by Type
(Temperature, Humidity, Air Quality, Water
Quality, Integrated, UV, and Soil Moisture),
Vertical (Government, Commercial, Industrial,
Residential, Consumer, Enterprise), Location, and
Geography - Global Forecast to 2023", the
environmental sensor market, the overall market
is estimated to be worth 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.
Stringent environmental regulations to reduce
air pollution, increase in health and safety
concerns would upsurge demand for environmental
monitoring systems, and rise in air quality
monitoring stations are the key factors driving
the environmental sensor market. Browse 71
market data Tables and 57 Figures spread through
158 Pages and in-depth TOC on "Environmental
Sensor Market - Global Forecast to 2023"
3
Market for integrated environmental sensors to
grow at highest CAGR during forecast period The
growth of the environmental sensors market is
mainly due to the shifting preference from
standalone sensors and integrated sensors widely
used to measure humidity, temperature, dust
intensity, UV radiation, and other environmental
parameters. Increasing demand for environmental
sensors in consumer devices, where small size and
low power consumption are important aspects to be
considered, is the major factor driving the
growth of the said market. Ask PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.asp?id36880440 Portable environmental
sensors expected to account for largest size of
environmental sensor market, by location Due to
increasing environmental regulations to reduce
air pollution and growing health and safety
concerns would increase the demand for portable
sensors that are mainly used in devices such as
wrist bands, fitness bands, smartphones, 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 rate during the forecast
period.
4
Consumer electronics vertical to dominate
environmental sensor market during forecast
period Consumer electronics vertical is expected
to dominate the environmental sensor market.
Environmental sensors have a significant
opportunity in the consumer electronics market.
In smartphones and wearable devices, various
sensors are used for environmental sensing. The
growth in the consumer electronics vertical is
attributed to the increasing use of environmental
sensors in smartphones, tablets, and wearable
devices. MEMS-based environmental sensors are
being implemented in smartphones, tablets, and
wearable devices. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id36880440 APAC to dominate
environmental sensor market during forecast
period APAC is the fastest-growing region in the
environmental sensor market. This region 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 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. The
growth for environmental sensors is also
attributed to the increasing demand for these
sensors in verticals such as medical and
healthcare. APAC is the largest end user for HVAC
equipment. Growing construction industry due to
increasing population and urbanization drives the
HAVC market, which, in turn, creates demand for
the environmental sensors market.
5
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6
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