Ads Top

Environmental Sensor Market worth $3.0 billion by 2028

The Environmental Sensor Market is projected to grow from USD 1.8 billion in 2023 and is estimated to reach USD 3.0 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets.

The growth of the environmental sensor market is driven by Increased deployment of air quality monitoring stations, and implementation of stringent regulations to reduce air pollution.

The gas/air quality segment is positioned for robust growth over the forecast period. The adoption of gas/air quality sensors has been increasing in automobile air quality monitoring systems, HVAC systems, and air purifiers. In HVAC and air purifiers, oxygen, carbon dioxide, carbon monoxide, and VOC gas sensors are used. Gas sensors based on technologies such as metal-oxide-semiconductors, electrochemical, or infrared are used to monitor air quality in the automotive industry. Oxygen gas sensors are used in automobile applications to monitor the quality of cabin air.

It is observed that pollutants such as carbon monoxide, hydrocarbons, VOCs, and nitrogen oxide enter car cabins through HVAC systems, thereby causing headaches, nausea, and dizziness to onboard passengers. As such, it is important to monitor the quality of cabin air in automobiles, thereby leading to the increased demand for gas sensors over the forecast timeframe.

Consumer electronics segment is projected to grow at high CAGR of the environmental sensor market during the forecast period.

The consumer electronics segment is expected to grow at a high CAGR in the environmental sensor market during the forecast period. Environmental sensors have a significant opportunity in the consumer electronics market. In smartphones and wearable devices, various sensors such as temperature, air quality, humidity, gas sensors, UV index, and integrated sensors are used for environmental sensing. MEMS-based environmental sensors are being implemented in smartphones, tablets, and wearable devices. This is made possible as increasingly minuscule sensors are being built in high volumes, with best-in-class performance, providing good value, and are compatible with smartphones, IoT, or wearable devices. Environmental sensing can contribute considerably to the growing popularity of MEMS sensors, considering the vast benefits that environmental sensors have to offer, therefore, fueling the segment growth over the forecast timeline.

No comments:

Powered by Blogger.