Wednesday, September 14, 2022

Environmental Sensor Market Opportunities & Growth by 2027

The Environmental Sensor Market size is expected to grow from USD 1.4 billion in 2021 to USD 2.7 billion by 2027, at a CAGR of 10.3%.

Increasing health related concerns due to environmental pollution is the primary factor driving the market growth. Moreover, growing adoption of environmental sensors in consumer electronics and government and public utility verticals will drive the demand for this technology in the near future and is expected to play a vital role in the growth of the environmental sensor market.

Browse 189 market data Tables and 61 Figures spread through 231 Pages and in-depth TOC on Environmental Sensor Market - Global Forecast to 2027

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Major players in the environmental sensor market include Bosch Sensortec (Germany), Sensirion (Switzerland), ams AG ( Austria), OMRON (Japan), Honeywell (US), Raritan (US), Siemens (Germany), Texas Instruments (US), Schneider Electric (France), Amphenol (US) among others.

By Application
  • Smart Home Automation
  • Smart Office Automation
  • Smart City

The market in APAC is expected to grow at the highest rate during 2021–2027. The global market players are experiencing increased demand for environmental sensors from countries such as China, Japan, India and South Korea. High investments in environmental sensors by governments in countries such as China and India is also driving the growth of the said market in APAC. Furthermore , growing urbanization, rising disposable income, replacement needs, strict energy regulations, and technological innovations also help to drive the HVAC market, which further creates demand for environmental sensors in APAC.

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