As per the current market research conducted by the CMI Team, the global Environmental Sensing and Monitoring Market share is expected to record a CAGR of 4.8% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 19,475.34 Million. By 2033, the valuation is anticipated to reach USD 28,338.40 Million.

Environmental Sensing and Monitoring Market: Growth Factors and Dynamics

  • Regulatory Compliance: Stringent environmental regulations and standards set by governments and international bodies compel industries to monitor and control pollution, driving the demand for environmental sensing and monitoring solutions.
  • Technological Advancements: Innovations in sensor technology, IoT (Internet of Things), and wireless communication have made environmental monitoring more accurate, efficient, and cost-effective.
  • Public Awareness and Environmental Concerns: Increased public awareness about environmental issues and the impact of pollution on health and ecosystems have led to higher demand for environmental monitoring systems.
  • Industrial Expansion: The growth of industries, particularly in developing countries, necessitates environmental monitoring to mitigate the environmental impact of industrial activities.
  • Climate Change and Natural Disasters: The increasing frequency and intensity of natural disasters due to climate change require robust environmental monitoring systems to predict and manage these events.
  • Urbanization: Rapid urbanization leads to environmental degradation, necessitating advanced monitoring systems to manage air quality, water quality, and waste.
  • Research and Development: Continuous R&D in environmental science and sensor technology contributes to the development of new and improved environmental monitoring tools.
  • Government Funding and Initiatives: Government investments and initiatives aimed at environmental conservation and sustainable development support the growth of the market.
  • Corporate Social Responsibility (CSR): Companies are increasingly adopting environmental monitoring practices as part of their CSR strategies to enhance their brand image and comply with ethical standards.

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Environmental Sensing and Monitoring Market: Product development

  • In March 2024, Emerson Electric Co. launched the Rosemount 3490 Controller to optimize processes, enhance sustainability, and ensure regulatory compliance for water and wastewater applications.
  • In January 2024, HORIBA, Ltd. launched the AP-380 series of analyzers, designed for air quality monitoring. This innovative series includes five variants, each tailored to specific trace gas monitoring needs, addressing a range of air quality requirements.
  • In January 2024, Bosch Sensortec GmbH (Germany) launched the BMV080, the world’s smallest PM2.5 air quality sensor, 450 times smaller than existing alternatives. Its fanless design ensures reliable, maintenance-free operation, making it perfect for compact IoT devices. The BMV080 enhances indoor and outdoor air monitoring and is ideal for applications such as air quality monitors, smart thermostats, speakers, switches, and air purifiers.
  • In September 2024, Sensirion AG (Switzerland) introduced the SEN54 and SEN55 environmental sensors, integrated into Grove’s all-in-one modules. These sensors monitor indoor air quality for HVAC and air quality applications, measuring VOCs, particulate matter, humidity, and temperature. The SEN55 additionally detects nitrogen oxides.
  • In October 2024, Vaisala launched the Beam Weather Station (BWS500), designed for hyperlocal weather and air quality monitoring. The BWS500 delivers precise measurements and insights, helping communities protect individuals and property from weather-related, environmental, and traffic-related threats.
  • In March 2024, Attune launched its Outdoor Air Quality (OAQ) Monitoring Kit, which uses UL-2905 Certified sensors originally designed for indoor air quality. This tool provides data on the air quality of specific locations, offering enhanced monitoring capabilities for outdoor environments.

Environmental Sensing and Monitoring Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the Environmental Sensing and Monitoring Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

  • Supply Chain Disruptions: The global supply chain disruptions caused by the pandemic affected the production and delivery of environmental sensing and monitoring equipment, leading to delays and increased costs.
  • Reduced Field Work and Data Collection: Lockdowns and travel restrictions hindered fieldwork and on-site data collection, impacting ongoing environmental monitoring projects and research.
  • Budget Cuts and Reduced Funding: Economic challenges during the pandemic led to budget cuts and reduced funding for environmental monitoring projects in some regions, affecting their continuity and scope.
  • Delayed Projects and Deployments: Many planned projects and deployments of environmental monitoring systems were delayed due to the uncertainty and logistical challenges posed by the pandemic.
  • Increased Awareness and Investment in Environmental Monitoring: The pandemic highlighted the importance of monitoring environmental conditions to track the spread of diseases, leading to increased investment in environmental sensing and monitoring technologies.
  • Enhanced Air Quality Monitoring: With lockdowns and reduced industrial activities, there was a noticeable improvement in air quality in many regions. This prompted increased interest in air quality monitoring to understand and maintain these improvements post-pandemic.
  • Growth in Remote Sensing Technologies: The need for remote monitoring and data collection due to travel restrictions accelerated the adoption of remote sensing technologies, including satellite-based monitoring systems.

List of the prominent players in the Environmental Sensing and Monitoring Market:

  • Honeywell International Inc.
  • Siemens AG
  • Emerson Electric Co.
  • Danaher Corporation
  • Thermo Fisher Scientific Inc.
  • 3M Company
  • Teledyne Technologies Incorporated
  • Shimadzu Corporation
  • PerkinElmer Inc.
  • Bosch Sensortec GmbH
  • Schneider Electric
  • Merck KGaA
  • Agilent Technologies Inc.
  • Forbes Marshall
  • Xylem Inc.
  • Others

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