Dublin, Dec. 06, 2024 (GLOBE NEWSWIRE) — The “Environmental Sensing and Monitoring Technologies Market” report has been added to ResearchAndMarkets.com’s offering.
The Environmental Sensing and Monitoring Technologies Market was valued at USD 31.3 billion in 2024, and is projected to reach USD 41.4 billion by 2029, rising at a CAGR of 5.7%.
Advances in environmental sensing and monitoring technologies have enabled more accurate and more efficient monitoring of environmental parameters, providing insights for decision-making and conservation efforts. One notable advance is the integration of environmental sensors with the Internet of Things (IoT). IoT-enabled sensors can collect data in real time and transmit it to centralized platforms for analysis and visualization. This has facilitated the creation of large-scale environmental monitoring networks, allowing for a better understanding of environmental trends and patterns. For instance, air quality monitoring networks equipped with IoT sensors can provide real-time data on pollutants like particulate matter and ozone, enabling timely alerts and interventions to protect public health.
Another development is the miniaturization of sensors, making them easier to deploy. This has enabled the development of wearable sensors for personal exposure monitoring, as well as sensors that can be integrated into drones or satellites for remote sensing applications. For example, drone-mounted sensors can be used to monitor deforestation and illegal logging in remote areas, while satellite-based sensors can track changes in sea ice mass and ocean temperature.
Furthermore, advances in data analytics and machine learning have enhanced the capabilities of environmental monitoring systems. By applying sophisticated algorithms to sensor data, it is possible to identify anomalies, predict future trends and optimize monitoring strategies. For instance, machine learning models can be used to analyze historical air quality data and forecast potential pollution hotspots, enabling proactive measures to mitigate their impact.
Report Scope
In this report, environmental sensing and monitoring is defined as the use of sensors to detect chemical and biological contaminants or measure physical phenomena and convert that information into measurable data. Environmental sensor monitoring networks represent the aggregation of a 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 applications of sensors are 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. This report excludes any standalone software and post-sales service providers (including those involved in consulting, education and support).
This report analyzes the global market for environmental sensing and monitoring technologies and examines market trends. It includes 2023 as the base year and forecast data from 2024 to 2029. The report analyzes the global market revenue ($ millions) in terms of solution, sampling method, type, applications, end users and regions. It also examines the trends and challenges driving the market, as well as the environmental, social, and governance (ESG) developments; patents; and emerging technologies.
The report includes:
- 45 data tables and 55 additional tables
- Analysis of global market trends, with market revenue data for 2023, estimates for 2024, forecast for 2025, and projected CAGRs through 2029
- Estimates of the size and revenue prospects of the global market, along with a market share analysis by solution, sampling method, type of sensor, application, end-use industry, and region
- Facts and figures pertaining to the market dynamics, technical advances, industry regulations, and the impact of various macroeconomic factors
- 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
- A Porter’s Five Forces model, and global supply chain and PESTLE analyses
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, and the ESG scores and practices of leading companies
- Analysis of the industry structure, including companies’ market shares, strategic alliances, M&A activity and a venture funding outlook
- Company profiles of major players within the industry, including Robert Bosch, Veralto Corp., Honeywell International, Merck and PerkinElmer
Key Attributes:
Report Attribute | Details |
No. of Pages | 148 |
Forecast Period | 2024 – 2029 |
Estimated Market Value (USD) in 2024 | $31.3 Billion |
Forecasted Market Value (USD) by 2029 | $41.4 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
Key Topics Covered:
Chapter 1 Executive Summary
- Scope of Report
- Market Summary
- Technological Advances and Applications
- Market Dynamics and Growth Factors
- Future Trends and Developments
- Segmental Analysis
- Regions and Emerging Markets
Chapter 2 Market Overview
- Technology Overview
- Future of Environmental Sensing and Monitoring Technologies
- Macroeconomic Factors
- Industries’ Growth
- Regulations, Incentives and Subsidies Related to Environmental Protection
- Value Chain Analysis
- Inbound Logistics
- Operations
- Outbound Logistics
- Marketing and Sales
- Services
- Porter’s Five Forces Analysis
- Patent Analysis
- Regional Patterns
- Key Findings
Chapter 3 Market Dynamics
- Market Drivers
- Rising environmental concerns
- Increasing urbanization and industrialization
- Market Restraints
- High costs
- Limited capacity for data analysis.
- Market Opportunities
- Smart cities
- Challenges related to climate change
Chapter 4 Emerging Technologies and Developments
- Emerging Technologies and Developments
- Next-Generation Sensor Technology for Environmental Monitoring
- Environmental Remote Sensing
Chapter 5 Market Segmentation Analysis
- Market Breakdown, by Solution
- Hardware and Equipment
- Software
- Services
- Market Breakdown, by Sampling Method
- Continuous Sampling
- Active Sampling
- Passive Sampling
- Market Breakdown, by Type
- Particulate Sensors
- Chemical Sensors
- Biological Sensors
- Temperature Sensors
- Moisture Sensors
- Noise Sensors
- Other Sensors
- Market Breakdown, by Application
- Air Sensing and Monitoring
- Water Monitoring
- Soil Monitoring
- Noise Monitoring
- Market Breakdown, by End User
- Meteorology and Weather Forecasting
- Farming and Agriculture
- HVAC Industry
- Healthcare Sector
- Transportation and Logistics
- Smart Cities and Smart Buildings
- Other End Uses
- Market Breakdown, by Region
Chapter 6 Competitive Intelligence
- Market Share Analysis
- Key Takeaways
- Strategic Analysis
- Product Launches and Developments
- Acquisitions and Mergers
- Collaborations and Partnerships
- SWOT Analysis of Key Players
Chapter 7 Sustainability in the Environmental Sensing and Monitoring Technologies Industry: An ESG Perspective
- ESG Issues in the Industry
- ESG Performance Analysis
- Status of ESG in the Industry
- ESG Practices in the Industry
- ESG-Related Risks in the Industry
- ESG-Related Opportunities
Company Profiles
- 3M
- Aclima
- Acoem
- Ams-Osram
- Avtech Software
- Breeze Technologies
- Honeywell International
- Horiba
- Merck
- Optex Group
- Perkinelmer
- Powtechnology
- Robert Bosch
- Sensirion
- Shimadzu
- Te Connectivity
- Teledyne Technologies
- Thermo Fisher Scientific
- Vaisala Oyj
- Veralto Corp.
For more information about this report visit https://www.researchandmarkets.com/r/s3zhzg
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- Environmental Sensing and Monitoring Technologies Market