Lucintel’s latest market report analyzed that environmental sensor provides attractive opportunities in the smart home automation, smart office automation, and smart city applications. The environmental sensor market is expected to reach $1.9 billion by 2028 with a CAGR of 8.5%. In this market, indoor is the largest segment by location, whereas smart city is largest by application.
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Based on location, the environmental sensor market is segmented into indoor, outdoor, and portable. The indoor segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to technological advancements, such as Wi-Fi, ZigBee, and bluetooth has increased the usage of these sensors in monitoring air quality of indoor environment.
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The Environmental Sensor Market is marked by the presence of several big and small players. Some of the prominent players offering environmental sensor include Bosch Sensortec, Sensirion, ams AG, Honeywell, and Siemens.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056
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