Monday, September 23, 2019

Global Environmental Sensor Market – Analysis and Forecast (2018-2024)

Environmental Sensor Market

The global environmental sensor market is growing at significant rate, due to strict environmental regulations to decrease air pollution and constant technological developments in IoT and cloud-based services. Different types contributed to the environmental sensor market size. The market has witnessed high demand for integrated environmental sensors in the coming years due to changing inclination from standalone sensors to integrated sensors used to determine dust intensity, humidity, UV radiation, temperature, and other environmental parameters and need for environmental sensors in consumer devices.

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Strict environmental regulations to decrease air pollution, upsurge in air quality monitoring stations, and budding inclination of smart home systems are the primary growth drivers for environmental sensor market. For instance, according to World health Organization (WHO) air pollution is the major environmental risk to health. Moreover, globally in 2016 approximately 4.2 million premature deaths were caused due to outdoor air pollution in cities and rural area.

Mounting alertness towards harmful medical implications of pollution and upsurge in health and safety concerns are also driving the growth of the environmental sensor market. For instance, environmental pollution has several consequences on the human health, such as respiratory, skin ailments, and eye. According to WHO, in 2015 globally approximately 383,000 deaths occurred due to asthma.

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Key players in the environmental sensor market are catering the demand by collaborating, and acquiring with small players and investing in technologically advanced product portfolio across the globe. In April 2018, Sensirion introduced SGPC3, the ultra-lower gas sensor which manages indoor air quality detecting for mobile and battery-driven applications. Bosch Sensortec, Honeywell International Inc, Schneider Electric, Sensirion, Texas Instruments, Omron, AMS AG, Siemens AG and Amphenol are the key players offering environmental sensor.

Source: VynZ Research

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