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As per Technavio’s market research report, the global environment monitoring and sensing market is expected to grow at a steady rate and post a CAGR of more than 5% during the forecast period. The growing rate of innovations in monitoring and sensing technology will drive the growth prospects for the global environment monitoring and sensing market until the end of 2021. One such technological advancement witnessed in the development of sensors is the miniaturization of sensors and sensor components. The miniaturization technology used in sensors and sensor components reduces the size of sensors and the cost of materials, lowers the energy usage of sensors, and increases the size of distribution networks, which, in turn, will fuel the demand for environment monitoring and sensing equipment in the coming years.
In terms of geography, the Americas accounted for the majority market share during 2016 and will continue to dominate the market during the forecasted period as well. This will mainly attribute to the growth in demand for environment monitoring and sensing due to the launch of a number of environmental monitoring programs for monitoring the pollution level in the region.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
Tags: temperature sensor, environmental management, waste treatment, industrial waste, energy market segmentation, power market forecast,
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