Environmental Sensor Market 2021-2027: Technology, Trends, Forecasts, Dynamics, Scope

The global environmental sensor market is estimated to grow from USD 1.5 billion in 2021 to USD 2.7 billion by 2027, at a CAGR of 10.3%.

Initially, air monitoring was done manually by noting down the reading recorded by different analog systems. Automatic or Continuous Ambient Air Quality Monitoring Stations (CAAQMS) can monitor pollutants using different analyzers; thereby reducing the chances of manual error, generate data at regular time intervals, and efficiently transmit the data. The generated data are disseminated online through a digital display board to the public.

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Opportunity: Devlopemnt of nanotechnology based environmental monitoring product is growing opportunity in the market

Historically, environmental sensors were used to detect gases, monitor humidity, and barometric pressure. Nowadays, due to the increasing need for sensor information, there is a growing demand for nanotechnology-based environmental monitoring products. By combining traditional environmental sensors with integrated sensors that are used in various consumer applications such as building automation and HVAC, designers can develop smart systems that enable machines to interact with each other and the world around them and can provide actionable environment data. Information from various types of sensors is combined to measure the environmental parameters surrounding these devices. For example, sensor-on-chip plays a significant role in wearables, wherein several sensors are combined to measure various environmental parameters on a single device.

Challenge: Stringent performance requirements of advanced sensor applications

Specifications of environmental sensors change with applications and technology being used. For instance, consumer electronics applications have stringent requirements regarding the size and power consumption of environmental sensors. In such cases, integrating several types of sensors with consumer applications, such as smartphones, becomes very difficult. Also, with the change in the industry or vertical, the specification of the sensor varies accordingly. For instance, gas sensing parameters in the automotive industry differ from those in the oil & gas industry; therefore, the performance requirements of gas sensors become critical in advanced applications.