Environmental Sensing and Monitoring Technologies: Global Markets
The global environmental sensing and monitoring technologies market should reach $25.9 billion by 2025 from $19.1 billion in 2020 at a compound annual growth rate (CAGR) of 6.3% for the forecast period of 2020 to 2025.
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- An overview of the global market for environmental sensing and monitoring technologies
- Analyses of global market trends, with data corresponding to market size for 2019, estimates for 2020 and projections of compound annual growth rates (CAGRs) through 2025
- Market share analysis of three main categories of sensors, i.e., physical sensors, chemical sensors and biological sensors
- Characterization and quantification of environmental sensors market based on passive, active, electromechanical and semiconductors
- Breakdowns of sensor applications into categories including temperature sensing, moisture detection, and biological and chemical detection
- Identification of emerging growth areas, such as large-scale monitoring networks
- A look at the regulatory affairs and the level of government spending committed to the environment that will determine the future level of demand for environmental sensors
- Company profiles of the leading players in the industry, including 3M Co., Bosch Sensortec GmbH, Danaher Corp., Honeywell, PerkinElmer Inc., Shimadzu Corp. and Thermo Fisher Scientific Inc.
For the purpose of this report, environmental sensing and monitoring technologies are sensors, equipment and other technologies that detect chemical and biological contaminants, measure physical phenomena and convert that information into measurable data. Environmental sensor monitoring networks represent the aggregation of large numbers of individual sensors into large networks. Environmental sensors can be in thousands of forms and types based on a wide range of physical and chemical principles with varying types of usable output. Typically monitored contaminants include metals, volatile organic compounds (VOCs), biological contaminants and radioisotopes. The field applications of sensors are also extremely varied. Areas of environmental focus include water supplies and watershed data, vehicular emissions, combustion of fossil fuels, agricultural runoff, industrial and mine waste disposal, ocean spills and dumping, climate change, weather monitoring and seismic events.
The scope of this report covers the global environmental sensing and monitoring technologies market for various end-use industry applications. The market is broken down by application, type, sensor, sampling method and end-use industry. Revenue forecasts from 2020-2025 are given for each segment and regional market with estimated values derived from manufacturers’ total revenues.
The report also includes a discussion of the major players in each regional market. Further, it explains the major drivers and regional dynamics of the global environmental sensing and technologies market and current trends within the industry.
The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors.
Frequently Asked Questions (FAQs)
Ritam Biswas has more than 13 years of experience in the market research and financial research space and has written and consulted on several research and advisory projects in various technology verticals. He has worked as a team leader and lead analyst in several technology businesses and has written numerous reports in areas such as disruptive technology, innovative and new technologies, advanced end-user computing, cloud security, virtualization security, mobile security and deep packet inspection.
BCC research estimates that the global environmental sensor and monitoring business will grow from $13.2 billion in 2014 to nearly $17.6 billion in 2019, a compound annual growth rate (CAGR) of 5.9% for the period of 2014 to 2019.
- An overview of the global market for environmental sensing and monitoring technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Information on emerging growth areas, such as large-scale monitoring networks.
- Breakdowns of sensor applications into categories including temperature sensing, moisture detection, and biological and chemical detection.
- Company profiles, including overseas manufacturers as well as development stage companies in which the most innovative technologies are originating.
- Relevant patent activity analysis.
The global environmental sensor and monitoring market was valued at $11.1 billion in 2010. This market is expected to reach $11.3 billion in 2011 and $15.3 billion in 2016, a compound annual growth rate (CAGR) of 6.5% between 2011 and 2016.
- The global market for environmental sensing and monitoring technologies was worth $9.1 billion in 2008 and an estimated $10.1 billion in 2009. This should reach $13 billion in 2014, for a compound annual growth rate (CAGR) of 5.2%.
- Radon, GPS, remote sensing and new technologies have the largest share of the market, generating $4.9 billion in 2008 and an estimated $5.1 billion in 2009. This segment is expected to be worth $6.8 billion in 2014, for a CAGR of 6.2%.
- Terrestrial sensing and monitoring technologies combine for the second-largest market share, generating $2.6 billion in 2008 and an estimated $2.7 billion in 2009. This is expected to grow at a CAGR of 4.7% to reach $3.4 billion in 2014.