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Environmental Sensor Market to be Worth $13.53 Billion by 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®REDDING, Calif., Nov. 9, 2022 /PRNewswire/ -- According to a new market research report titled, 'Environmental Sensor Market by Type (Particulate & Gas Sensors, Chemical Sensors, Temperature Sensors, Noise Sensors), Application, and End User (Residential, Government & Public Utilities, Commercial, and Industrial) - Global Forecast to 2029,' the global environmental sensors market is projected to reach $13.53 billion by 2029, at a CAGR of 8% from 2022 to 2029. By volume, the global environmental sensor market is projected to reach 122,800,587 units by 2029, at a CAGR of 8.4% during the forecast period.  Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5348 Environment sensors play a critical role as they help analyze environmental conditions such as humidity, temperature, detect landslides, track climate change, check agricultural usage patterns, and heat loss. It is widely adopted in several applications such as smart home automation, factory automation, smart cities, automotive, and powertrain system. Besides, advancements in sensor technology, such as sensors integrated with IoT and Big Data technology, are helping in the analysis of large volumes of environmental data. This factor is expected to increase the adoption of environmental sensors. The growth of the environment sensors market is attributed to the rising installation of environmental monitoring stations, increasing use of environmental sensors in the industrial sector, and stringent environmental regulations to reduce environmental pollution. However, the lack of awareness and high costs associated with environmental sensors challenge the market's growth. In addition, the ongoing technological advancement in IoT and cloud-based services and the growing adoption of nanotechnology-based environmental monitoring products are expected to offer significant growth opportunities for this market. Rising government funding toward environmental sustainability is driving the growth of the environmental sensors market In the past few years, the importance of decisive actions towards achieving environmental sustainability has become of vital essence around the globe. A few environmental sustainability factors that can be put into practice include protecting renewable resources by supporting and advancing sustainable farming, purchasing carbon offsets to support reforestation and other regenerative projects; avoiding the consumption of fossil fuels by using renewable energy alternatives; and limiting pollution by composting and supporting clean air and water initiatives. Governments and regional associations across the globe are accelerating their investments toward reducing carbon footprint and building an environmentally sustainable economy. Various green investment banks (GIBs) like the UK Green Investment Bank, Malaysian Green Technology Corporation (GreenTech Malaysia), Connecticut Green Bank, Clean Energy Finance Corporation (CEFC), and California CLEEN Center are focusing on investing and funding projects with the potential to reduce greenhouse gas (GHG) emissions. Some of the developments in this space are as follows:
Thus, government initiatives encouraging the adoption of environmental monitoring products are driving the growth of the environmental sensors market. Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5348 The global environmental sensors market is segmented by type (particulate & gas sensors, chemical sensors, pressure sensors, humidity & moisture sensors, temperature sensors, noise sensors, and other environmental sensors), application (smar home automation, factory automation, smart cities, automotive powertrain system, energy harvesting, other applications), end user (residential, government & public utilities, commercial, and industrial), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa). The study also evaluates industry competitors and analyzes the market at regional and country levels. Based on type, in 2022, by value, the particulate & gas sensors segment is expected to account for the largest share of the environmental sensors market. The large market share of this segment is attributed to the increasing integration of gas sensors in HVAC systems and air quality monitors, increasing demand for miniaturized wireless gas sensors, growing air pollution levels, and the need for air quality monitoring in smart cities. Additionally, this segment is projected to register the highest CAGR during the forecast period. However, by volume, in 2022, the chemical sensors segment is expected to account for the largest share of the environmental sensors market. Based on application, in 2022, the factory automation segment is expected to account for the largest share of the environmental sensors market. However, the smart cities segment is expected to register the highest CAGR during the forecast period. The rising environmental pollution levels, increasingly degrading indoor air quality, and growing demand for real-time air quality monitoring sensors to monitor urban air pollution are expected to support the growth of this segment. Quick Buy – Environmental Sensor Market - Global Opportunity Analysis And Industry Forecast (2022-2029), Research Report: https://www.meticulousresearch.com/Checkout/92447588 Based on end user, in 2022, the industrial segment is expected to account for the largest share of the environmental sensor market. The large market share of this segment is attributed to the growing trends in industrial automation, stringent government regulations regarding pollution monitoring technologies, and rapid industrialization. Furthermore, the use of smart sensors for predictive maintenance and their increasing utilization in the automotive industry are expected to drive this segment's growth over the coming years. Also, this segment is expected to register the highest CAGR during the forecast period. Based on geography, in 2022, North America is expected to account for the largest share of the environmental sensors market. However, Asia-Pacific is expected to witness rapid growth during the forecast period. The increasing implementation of environmental monitoring and protection policies by governments and increasing compliance from industrial facilities towards environmental monitoring regulations are supporting the region's growth. Some of the key players operating in the environmental sensor market are Siemens AG (Germany), Infineon Technologies AG (Germany), Honeywell International Inc. (U.S.), Bosch Sensortec GmbH (Germany), Raritan Inc. (U.S.), TE Connectivity Ltd. (Switzerland), Texas Instruments Incorporated (U.S.), Amphenol Corporation (U.S.), Breeze Technologies (Germany), NuWave Sensor Technology Limited (Ireland), Renesas Electronics Corporation (Japan), Aeroqual (New Zealand), ams-OSRAM AG (Austria), AVTECH Software, Inc. (U.S.), eLichens (France), and Emerson Electric Co. (U.S.). To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/environmental-sensor-market-5348 Scope of the Report Environmental Sensor Market, by Type
Environmental Sensor Market, by Application
Environmental Sensor Market, by End User
Environmental Sensor Market, by Geography
Download Free Report Sample Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5348 Related Reports: Environmental Monitoring Market by Product (Sensors, [Analog Sensor, Digital Sensor], Environmental Monitors [Fixed Monitors], Environmental Software), Sampling (Continuous Monitoring, Intermittent), Application (Soil Pollution Monitoring) - Forecast to 2028. https://www.meticulousresearch.com/product/environmental-monitoring-market-5024 Environmental Testing Market by Product (Mass Spectrometers, Chromatography Products, Molecular Spectroscopy Products, Toc Analyzers, PH Meters, Dissolved Oxygen Analyzers, Conductivity Sensors, Turbidity Meters), Sample (Wastewater/Effluent, Soil, Water, Air), Technology (Conventional, Rapid), Contaminant (Microbes, Organic Compounds, Heavy Metals, Residues, Solids), End Users (Agriculture and Irrigation Sector, Government Institutes and R and D Laboratories, Industrial Product Manufacturers, Forestry and Geology, Others), and Region - Global Forecast to 2025. https://www.meticulousresearch.com/product/environmental-testing-market-5002 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact: Mr. Khushal Bombe Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg SOURCE Meticulous Market Research Pvt Ltd. 
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