Environmental Sensing and Monitoring Technology Market 2031

Report Description

The global environmental sensing and monitoring technologies market size was valued at USD 14.3 Billion in 2022 and is likely to reach USD 20.1 Billion by 2031, expanding at a CAGR of 4.1% during the forecast period, 2023–2031. The market growth is attributed to the strict policies by various governments on industries to reduce emissions coupled with growing concerns about environmental pollution.

Increasing applications of environmental monitoring and sensor solutions are projected to drive the market. Companies from various sectors, due to auditory requirements, need to keep consistent tabs on greenhouse gas emission levels from their manufacturing and other operational activities.

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Environmental monitoring and sensing technologies are evolving with technological advancements, which are projected to expand their usage scenarios in major sectors including agriculture and automotive, thereby, fueling growth opportunities in the market.

• In June 2023, a team collaboration of researchers from various respected universities based in Germany, Portugal, and Scotland successfully developed an innovative sensor that detects the smallest concentrations of pesticides in water samples. This ground-breaking system features a low-cost 3D-printed sensor that is expected to improve water monitoring procedures, making them more effective and economical. Their work is detailed in a research paper "Additive manufacturing-enabled architected nanocomposite lattices coated with plasmonic nanoparticles for water pollutants detection" and is published in the Macromolecular Materials and Engineering journal.

Growing use of environmental sensing and monitoring technologies in commercial space, offices, stadiums, and residential buildings to monitor air quality, temperature, and water quality further drives the market.

Rising availability of smart devices at an affordable rate is boosting sales of environmental monitoring solutions, owing to expanding awareness about environmental pollution and its effect on health. The smart sensors and monitoring tools are used for identifying indoor air quality and area-specific meteorological conditions, which supports in applying measures to improve them.

The research report finds that the COVID-19 pandemic affected the environmental sensing and monitoring technologies market. The hindrance created by the lockdown in manufacturing operations and the smooth functioning of the supply chain resulted in a considerable demand decline in the market.

Furthermore, the stalling of production activities in major end-user industries and commercial space limited the installation of new sensors and monitoring systems, thereby, restraining the growth of the market.

Impact of Artificial Intelligence (AI) Environmental Sensing and Monitoring Technologies Market

AI advances are projected to support the market growth during the assessment period. The integration of AI in environmental monitoring and sensors has the potential to revolutionize atmospheric data recording and processing, enabling timely and accurate data collection in real time.

The AI-driven environment monitoring system supports users in saving costs and time required with conventional monitoring systems. The technology has the possibility of recording the subtlest changes in water, air, and soil, thereby improving data quality. Such precision data is used for making informed decisions about environmental management.

• The United Nations Environment Programme (UNEP)'s World Environment Situation Room (WESR) introduced in 2022, leverages AI's capabilities to efficiently analyze complex, multifaceted datasets. Supported by a consortium of partners, WESR curates, aggregates, and visualizes the high-quality available earth observation and sensor data to facilitate near real-time analysis and predictions on several factors, such as atmospheric concentration of CO2, changes in glaciers, and rise in sea level.

Environmental Sensing and Monitoring Technologies Market Dynamics

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Major Drivers

Increasing human-caused global warming along with drastic climate changes are expected to drive the market in the coming years. Greenhouse gas emissions such as CO2 are a key factor leading to an increase in temperature across the world. GHG traps heat in the atmosphere making the planet warmer.

This emission has been driven high by human activities over the last 150-plus years. As per the Environmental Protection Agency (EPA), GHG emissions in the US are mainly due to the burning of fossil fuels for transportation, heat, and electricity.

• As per EPA, overall CO2 emissions in 2021 in the US are 6,340 million metric tons. Transportation, electricity generation, and Industrial operations account for a significant share of emissions in the US.
• As per the International Energy Agency (IEA), worldwide energy-generation-related CO2 emissions rose by 0.9% or 321 mt in 2022. The highest contribution of CO2 emissions came from energy and heat production.

Strict regulations by various governments on curbing environmental pollution are anticipated to be a key driver of the market. To meet emission control goals set by national and international authorities, governments around the world have adopted strong measures, requiring companies and commercial places to track pollution caused by them and take proactive steps to reduce pollution levels. This is resulting in growing demand for different sensors and monitoring technologies for environment management.

Existing Restraints

Limited life span and lack of awareness regarding environment monitoring and sensors are anticipated to restrain the market. Sensors are likely to get damaged or record wrong data due to consistent interferences.

The decline in their quality with the passing of time affects their efficiency and connectivity. Furthermore, the sensors and monitoring technologies for the environment are expensive which affects their demand and restricts growth of the market.

Emerging Opportunities

Innovation of nano-technology for environmental sensing and monitoring is expected to generate growth opportunities in the market. Further, the rising acceptance of smart home and office technology, the emergence of the Internet of Things (IoT) devices, and advances in technology such as AI are expected to create lucrative opportunities for market players.

Rising connectivity and high demand in smart agriculture and automotive sectors are increasing applications of environmental technologies.

• In April 2023, L-com, a provider of wired and wireless connectivity solutions and a brand of Infinite Electronics announced the expansion of its IoT light-detecting environmental sensors. These sensors gauge ambient or ultraviolet (UV) light. They allow making data collection using IoT highly efficient and lower process and building costs.

Scope of Environmental Sensing and Monitoring Technologies Market Report

The global market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.

Environmental Sensing and Monitoring Technologies Market Segment Insights

Sensor Type Segment Analysis

Based on sensor type, the environmental sensing and monitoring technologies market is divided into pressure & vibration sensors, UV sensors, air quality sensors, humidity sensors, fluid sensors, temperature sensors, soil moisture sensors, chemical sensors, sound sensors, gas sensors, and others. The humidity sensors segment is expected to expand at a significant CAGR during the projection period, owing to their common usage in indoor humidity monitoring.

These types of sensors are vital in an industrial and medical environment. Elevated humidity affects the data of the weather prediction system and even results in the malfunctioning of the control system. This is why measuring humidity is essential as a safety and security factor. Humidity sensors are designed to measure temperature and humidity.

The air quality sensors segment is projected to grow rapidly in the coming years with rising air pollution and growing awareness among the population. The growing availability of air quality sensor solutions along with an increase in internet connectivity with 5G is likely to boost adoption across the globe. The rising demand for home and industrial automation solutions is likely to support the growth of this segment.

• A study published by the World Health Organization (WHO) in April 2022 highlights the severity of global air pollution. As per the study, about 99% of the global population breathes air which exceeds WHO’s air quality parameters. Bad air quality is the leading cause of several diseases, which is increasing the adoption of air quality monitoring solutions. Worldwide, 117 nations and 6000 plus cities have begun air quality monitoring, states the report.

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Product Type Segment Analysis

In terms of product type, the global market is bifurcated into portable and stationary. The stationary segment is projected to register a considerable CAGR during the forecast period, owing to growing advancements in technology, resulting in the rapid development of efficient environmental monitoring systems.

The stationary systems enable effective observation of the environmental condition for a longer period, allowing a detailed understanding of weather and surroundings for future predictions.

There is no need to deploy additional resources such as sensors, monitors, and other devices with the implementation of stationary environmental monitoring systems. The adoption of such a system is robust owing to its efficiency and cost-saving advantages for a longer time period.

The portable segment is projected to grow rapidly during the projection period, with growing 5G connectivity and the emergence of IoT devices for environmental observations. These devices are small and easily deployable. Portable environmental monitoring devices have a high demand for recording air quality, soil moisture, and noise pollution.

With growing smart city initiatives worldwide, the use of portable devices is likely to expand from local authorities for smart environment observation systems.

• In March 2021, Aeroqual, an Auckland, New Zealand-based, connected air-quality monitoring solutions provider launched a cutting-edge connected handheld air monitor, Aeroqual Ranger. It is one of the latest offerings in the company’s handheld monitoring devices portfolio, with Wi-Fi connectivity and access to Aeroqual Cloud software.

Monitoring Method Segment Analysis

On the basis of monitoring method, the Environmental Sensing and Monitoring Technologies Market is segmented into active monitoring, intermediate monitoring, and passive monitoring. The active monitoring segment is expected to register a robust growth rate during the forecast period, owing to growing concerns related to air pollution and its impact on human health.

The active environment monitoring method enables real-time access to environmental parameters based on which precautionary measures such as the use of face masks can be undertaken. With the growing connectivity and availability of cloud computing platforms, the adoption of the active monitoring sampling method is becoming a viable cost-effective solution in worldwide regions.

Application Segment Analysis

Based on application, the global market is segregated into water pollution monitoring, air pollution monitoring, sound pollution monitoring, soil pollution monitoring, and others. The air quality segment is projected to register a considerable CAGR during the forecast period, owing to increasing air pollution and the prevalence of several airborne diseases.

Air pollution is a major concern for worldwide economies. If not dealt with proactively, this is likely to create a significant impact on the progress, suggest several studies.

• As per the World Health Organization (WHO) report published in December 2022, air pollution reduction can reduce disease burdens such as heart disease, stroke, lung cancer, and respiratory diseases including Asthma. The report further mentions indoor and outdoor air pollution causes 6.7 million premature deaths each year.

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End-user Segment Analysis

On the basis of end-user, the Environmental Sensing and Monitoring Technologies Market is segmented into meteorology, government, defense, ocean exploration organizations, research organizations, industrial sector, and others.

The industrial segment is expected to generate major revenue for the market during the forecast period, owing to stringent environmental regulations implemented by various governments all over the world. Companies are required to be accountable for the pollutants they are releasing into the environment.

Environmental sensing and monitoring technologies are proving to be beneficial for companies in tracking pollution and taking measures to minimize it with innovative solutions. With environmental monitoring solutions, companies are able to reduce energy consumption and minimize greenhouse gas emissions, resulting in improved sustainable production.

Regional Analysis

In terms of region, the global Environmental Sensing and Monitoring Technologies Market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, owing to the growing adoption of cutting-edge environmental sensors and monitoring systems.

The rise in investment by government and private players for smart pollution monitoring and control systems is fueling the development of innovative solutions. An increase in industrial activities, growing connectivity, and health concerns owing to pollution are expected to further boost the adoption of smart environmental technologies in this region.

The market in Asia Pacific is projected to expand rapidly over the assessment period, owing to growing urbanization and an increase in industrial activities. Emerging economies such as India and China in the region are required to deal with major pollution concerns including air, noise, and water, to ensure sustainable development.

The growing consumer demands are fueling industrial activities, which need to follow sustainable approaches such as minimizing plastic use, adopting renewable energy solutions, and other measures to ensure there is no environmental degradation. Governments are implementing environmental policies on industrial activities, leading to the growing use of innovative monitoring and sensing technologies by the companies, thereby, fueling the market in this region.

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