Environmental Sensor Market

Bosch Sensortec (Germany) and Sensirion (Switzerland) are the Major Players in the Environmental Sensor Market

The environmental sensor market is projected to be worth USD 2.19 billion by 2023, growing at a CAGR of 9.9% from 2018 to 2023. Stringent environmental regulations to reduce air pollution and increasing water quality and air quality monitoring stations are the major factors driving the growth of the environmental sensor market. Major opportunities for players in the environmental sensor market are ongoing technological advancements in IoT and cloud-based services, development of nanotechnology-based environmental monitoring products, and roles of remote sensing devices and GIS for real-time ambient air quality monitoring.

The key strategies adopted by major players in the environmental sensor market include product launches and developments, acquisitions, partnerships, agreements, collaborations, and expansions. Companies such as Bosch Sensortec (Germany), Sensirion (Switzerland), ams AG (Austria), Omron (Japan), Honeywell International (US) have adopted these strategies to expand their customer base and enhance their product portfolio.

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Bosch Sensortec is among the leading global providers of microelectromechanical systems (MEMS) sensors. It is a fully owned subsidiary of Robert Bosch GmbH. The company was founded in 2005 and has its headquarters in Kusterdingen, Germany. The company has regional offices in the US, the UK, Italy, China, Japan, and South Korea and sales offices in North America, APAC, and EMEA. In February 2018, Bosch Sensortec introduced a new high performance barometric pressure MEMS sensor BMP388 that is ideal for environment sensing and altitude tracking in applications such as consumer electronics (CE), drones, and smart homes. The company provides integrated environmental sensors such as BME 680, and BME 280.

Sensirion AG was founded in 1998 and is based in Switzerland. The company is among the leading manufacturers of high-quality sensors and sensor solutions for measuring and controlling humidity, gas, and liquid flows. The company is a spin-off from the Swiss Federal Institute of Technology (ETH), Zurich. In January 2018, Sensirion launched environmental sensor Module SCD30 to monitor humidity, temperature, and carbon dioxide.

Other companies operating in the environemental sensor market are Raritan (US), Siemens (Germany), Texas Instruments (US), Schneider Electric (France), Amphenol (US), STMicroelectronics (Switzerland), IDT (US), AVTECH (US), Analog Devices (US), Apogee Instruments (US), Omron (Japan), Honeywell (US), TE Connectivity (Switzerland), NuWave Sensors (Ireland), Elichens (France), Aclima (US), and Breeze Technologies (Germany).

Related Reports:

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

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Report Code
SE 6478
Published ON
Jul, 2018
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