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Increasing Use of Environmental Sensors in Smartphone’s, Tablets, and Wearable Devices

The environmental sensor market is estimated to be worth USD 1.37 billion in 2018 and is projected to reach USD 2.19 billion by 2023, at a CAGR of 9.9% from 2018 to 2023. The growth of this market can be attributed to stringent environmental regulations to reduce air pollution, increase in health and safety concerns, and rise in air quality monitoring stations.

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Increasing Use of Environmental Sensors in Smartphone’s, Tablets, and Wearable Devices

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  1. MarketsandMarkets Presents Increasing Use of Environmental Sensors in Smartphone’s, Tablets, and Wearable Devices Environmental Sensor Market by Type (Temperature, Humidity, Air Quality, Water Quality, Integrated, UV, and Soil Moisture), Vertical (Government, Commercial, Industrial, Residential, Consumer, Enterprise), Location, and Geography - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/environmental-sensor-market-36880440.html

  2. The environmental sensor market is estimated to be worth USD 1.37 billion in 2018 and is projected to reach USD 2.19 billion by 2023, at a CAGR of 9.9% from 2018 to 2023. The growth of this market can be attributed to stringent environmental regulations to reduce air pollution, increase in health and safety concerns, and rise in air quality monitoring stations. This report segments the environmental sensor market on the basis of type, vertical, location, and region. The market based on type is segmented into, temperature, humidity, air quality, UV index, integrated, and soil moisture. Integrated sensors are expected to grow at the highest CAGR during the forecast period. Due to rising interests of government and stakeholders in smart city applications, it is expected that environmental sensors would be used in environmental monitoring activities on a larger scale. Browse 71 market data Tables and 57 Figures spread through 158 Pages and in-depth TOC on "Environmental Sensor Market - Global Forecast to 2023"

  3. Many companies are developing integrated sensors with advanced technologies, such as IoT and Big Data, which helps to analyze the huge amount of environmental and atmospheric data, thus shifting from standalone systems to cloud-based services. Humidity, temperature, dust intensity, and UV radiation sensors are among the commonly used integrated sensors. 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 that can further contribute considerably to the growing popularity of MEMS sensors, considering the vast benefits that environmental sensors have to offer. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36880440 The market for portable environmental sensors is expected to grow at the highest CAGR during 2018–2023. The environmental sensor market based on location has been segmented into indoor, outdoor, and portable sensors. Portable sensors are mainly used in handheld devices such as wrist bands, fitness bands, smartphones, and tablets. Due to the increasing use of portable sensors in a few fast-growing applications, it is expected that the market for these sensors would grow at the highest rate during the forecast period.

  4. The environmental sensor market has been segmented on the basis of vertical into government agencies and public utilities; commercial; residential; enterprise; industrial; healthcare and pharmaceutical; consumer electronics, and others. The market for consumer electronics vertical is expected to grow at the highest CAGR during the forecast period. The growth in the consumer electronics vertical is attributed to the increasing use of environmental sensors in smartphones, tablets, and wearable devices. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=36880440 APAC is expected to grow at the highest CAGR for the environmental sensor market during the forecast period. APAC continues to be a significant market for environmental sensors. The key countries in APAC include China, Japan, India, and South Korea. These countries have shown a promising demand for environmental sensors, and the demand is expected to grow at a higher rate in the near future. APAC is the also an important market for environmental sensors due to the development of various smart city projects.

  5. Leading verticals for environmental sensors are commercial, enterprise and data centers, and industrial and residential. The consumer vertical is expected to show a significant growth rate for the environmental sensor market in APAC. APAC has the largest number of end users for smartphones and advancement in technology lead to growing integration of environmental sensors in smartphones, thereby driving the growth of the market in this region. Growing awareness among people regarding the impact of air pollution on health creates demand for these sensors from devices such as low cost and smart air quality monitors, smart bands, air purifiers, and air cleaners while long term monitoring of environmental data may lead to short life-span of sensor remains to be a major restraining factor. Major players in the environmental sensor market are Bosch Sensortec (Germany), Sensirion (Switzerland), ams  AG (Austria), Omron (Japan), Honeywell International (US), Raritan (US), Siemens (Germany), Texas Instruments (US), Schneider Electric (France), Amphenol (US), STMicroelectronics (Switzerland), IDT (US), AVTECH (US), Analog Devices (US), Apogee Instruments (US), TE Connectivity (Switzerland), NuWave Sensors (Ireland), Elichens (France), Aclima (US), and Breeze Technologies (Germany).

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/environmental-sensor.asp

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