The Asia Pacific Environmental Sensor Market would witness market growth of 9.0% CAGR during the forecast period (2021-2027).
Environmental sensors are linked to a variety of things in the environment to capture and transmit data like temperature, chemical and gas composition, pressure, humidity, smoke, and individual motion. Environmental sensors aid in the protection of the environment and individuals from harmful chemicals found in water, air, and soil. These sensors detect contaminants in the air and soil, land slide by monitoring the movement of stones or pebbles, forest fire by tracking temperature, and any harmful gas or chemical emission.
Asia-Pacific is the world's fastest-growing economic area. Smart cities, driverless cars, home automation, IoT applications, intelligent processing technologies, industrial automation, and other smart technologies are rapidly proliferating across the region. In addition, according to Schneider, "the smart home market in India is rapidly growing." Smart houses were initially promoted as homes with sophisticated security systems. Lighting systems, fire detection systems, gas leakage detectors, energy efficiency systems and entertainment systems, are now part of the market's evolution. For example, India announced the National Clean Air Program (NCAP) in January 2019, which outlined a strategy for preventing, controlling, and reducing hazardous air pollution. The NCAP is working to enhance the national air quality monitoring network, increase air pollution management capability, and raise public knowledge about the consequences of air pollution.
The China market dominated the Asia Pacific Environmental Sensor Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $254.1 Million by 2027. The Japan market is poised to grow a CAGR of 8.4% during (2021 - 2027). Additionally, The India market would experience a CAGR of 9.7% during (2021 - 2027).
Based on Type, the market is segmented into Temperature, Gas, Humidity, Pressure, and Others. Based on End User, the market is segmented into Commercial, Residential, Government & Public Utilities, Automotive, Industrial, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Environmental Sensor Market is Projected to reach USD 2.3 Billion by 2027, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH (Bosch Sensortec GmbH), ABB Group, Texas Instruments, Inc., AMS AG, Honeywell International, Inc., Omron Corporation, Schneider Electric SE, STMicroelectronics N.V., Amphenol Corporation, and Sensirion AG.
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