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Key Emerging Trends in Environmental Sensor

According to the market research report "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", the environmental sensor market, the overall 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.

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Key Emerging Trends in Environmental Sensor

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  1. MarketsandMarkets Presents Key Emerging Trends in Environmental Sensor 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. According to the market research report "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", the environmental sensor market, the overall 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. Stringent environmental regulations to reduce air pollution, increase in health and safety concerns would upsurge demand for environmental monitoring systems, and rise in air quality monitoring stations are the key factors driving the environmental sensor market. 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. Market for integrated environmental sensors to grow at highest CAGR during forecast period The growth of the environmental sensors market is mainly due to the shifting preference from standalone sensors and integrated sensors widely used to measure humidity, temperature, dust intensity, UV radiation, and other environmental parameters. Increasing demand for environmental sensors in consumer devices, where small size and low power consumption are important aspects to be considered, is the major factor driving the growth of the said market. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36880440 Portable environmental sensors expected to account for largest size of environmental sensor market, by location Due to increasing environmental regulations to reduce air pollution and growing health and safety concerns would increase the demand for portable sensors that are mainly used in 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. Consumer electronics vertical to dominate environmental sensor market during forecast period Consumer electronics vertical is expected to dominate the environmental sensor market. Environmental sensors have a significant opportunity in the consumer electronics market. In smartphones and wearable devices, various sensors are used for environmental sensing. The growth in the consumer electronics vertical is attributed to the increasing use of environmental sensors in smartphones, tablets, and wearable devices. MEMS-based environmental sensors are being implemented in smartphones, tablets, and wearable devices. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=36880440 APAC to dominate environmental sensor market during forecast period APAC is the fastest-growing region in the environmental sensor market. This region is likely to continue to hold the largest market and expected to be the fastest-growing region in the environmental sensor market owing to factors such as the increasing use of smart devices in APAC paves the way for growing penetration of environmental sensors in these smart devices. Increasing pollution levels in APAC countries is set to drive the growth of the said market. The growth for environmental sensors is also attributed to the increasing demand for these sensors in verticals such as medical and healthcare. APAC is the largest end user for HVAC equipment. Growing construction industry due to increasing population and urbanization drives the HAVC market, which, in turn, creates demand for the environmental sensors market.

  5. 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.

  6. Contact Us Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email:newsletter@marketsandmarkets.com For More Info: https://www.marketsandmarkets.com/PressReleases/environmental-sensor.asp

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