How much is the environmental sensing and monitoring technology market worth, and how is it expected to expand?
The environmental sensing and monitoring technology market size has grown strongly in recent years. It will grow from $17.58 billion in 2024 to $18.65 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to regulatory compliance, public awareness and concerns, industrialization and urbanization, natural disasters and climate change, globalization and trade.
The environmental sensing and monitoring technology market size is expected to see steady growth in the next few years. It will grow to $22.42 billion in 2029 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to precision agriculture, smart cities initiatives, renewable energy expansion, epidemic and pandemic preparedness. Major trends in the forecast period include internet of things (IoT) integration, artificial intelligence (AI) and machine learning (ML) algorithms, technological advancements.
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What are the top drivers to the rising demand in the environmental sensing and monitoring technology market?
The increasing air pollution, water contamination, and soil erosion are expected to propel the growth of the environmental sensing and monitoring technology market going forward. Air pollution, water contamination, and soil erosion refer to ecological degradation caused by introducing harmful substances and disruptions to natural ecosystems. Burning fossil fuels for energy in vehicles, industries, and power plants releases pollutants, and industrial waste from factories dampens the ecological condition. Environmental sensing and monitoring technologies are utilized to track and analyze air pollution, water contamination, and soil erosion by collecting real-time data on pollutant levels, water quality, and soil conditions, aiding in assessing and mitigating environmental issues. For instance, in February 2024, according to the Government of New South Wales, an Australia-based governing body of New South Wales, the state saw an increase in particle pollution, with particulate matter (PM10 and PM2.5) rising by about 30% in 2023 compared to the previous year. Furthermore, in March 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, in 2022, global energy-related carbon dioxide (CO2) emissions increased by 0.9%, equivalent to 321 million metric tons, reaching a record high of over 36.8 billion metric tons. Therefore, increasing air pollution, water contamination, and soil erosion are expected to propel the growth of the environmental sensing and monitoring technology market.
How is the environmental sensing and monitoring technology market segmented?
The environmental sensing and monitoring technology market covered in this report is segmented –
1) By Type: Portable, Stationary
2 By Component: Sensors, Monitors, Software, Service
3) By Monitoring Method: Active Monitoring, Intermediate Monitoring, Passive Monitoring
4) By Applications: Water Pollution Monitoring, Air Pollution Monitoring, Sound Pollution Monitoring, Soil Pollution Monitoring, Other Applications
5) By End-User: Meteorology, Government, Defense, Ocean Exploration Organizations, Research Organizations, Industrial Sector, Other End-Users
Subsegments:
1) By Portable: Handheld Devices, Wearable Sensors, Mobile Monitoring Solutions, Field Monitoring Instruments
2) By Stationary: Fixed Sensors, Remote Sensing Systems, Environmental Monitoring Stations, Infrastructure-Based Monitoring Systems
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Who are the top competitors in the environmental sensing and monitoring technology market?
Major companies operating in the environmental sensing and monitoring technology market are Siemens AG, Thermo Fisher Scientific Inc., Honeywell International Inc., ABB Ltd., Merck KGaA, Danaher Corporation, Eaton Corporation, Thales Group, Nidec Corporation, TE Connectivity Ltd., Ball Corporation, Emerson Electric Co., Amphenol Corporation, Agilent Technologies Inc., OMRON Corporation, Xylem Inc., Teledyne Technologies Incorporated, Shimadzu Corporation, Endress+Hauser Group, Horiba Ltd., Hebei Sailhero Environmental Protection High-tech Co., Ltd., Focused Photonics Inc. (FPI), Sensirion AG, Beijing SDL Technology Co., Ltd., Bosch Sensortec GmbH, Acoem Group
What significant trends should we anticipate in the environmental sensing and monitoring technology market over the forecast period?
Major companies operating in the environmental sensing and monitoring technology market are focusing on developing next-generation solutions such as environmental sensors to enhance real-time data collection and analysis. The solution utilizes IoT for real-time monitoring and management of critical infrastructure conditions. For instance, in August 2023, Vertiv, a US-based provider of critical digital infrastructure and continuity solutions, launched the geist watchdog 15 environmental sensor solution that optimizes data center monitoring in India, offering a self-contained monitor that remotely tracks real-time environmental conditions in critical IT infrastructure such as data centers and server rooms. This cost-effective solution facilitates monitoring of temperature, humidity, and dewpoint, with the capability to add up to four external plug-and-play sensors. It provides real-time sensor data, logging, and graphing, enabling data center managers to receive alerts via email and email-to-SMS for predefined threshold breaches.
Which regional trends are influencing the environmental sensing and monitoring technology market, and which area dominates the industry?
North America was the largest region in the environmental sensing and monitoring technology market in 2024. The regions covered in the environmental sensing and monitoring technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Environmental Sensing And Monitoring Technology Market Report 2025 Offer?
The environmental sensing and monitoring technology market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Environmental sensing and monitoring technology refers to the use of various sensors and devices to collect real-time data on environmental conditions, such as air quality, temperature, and pollution levels, to monitor and assess the state of ecosystems and human impact on the environment. It plays a crucial role in understanding environmental changes and implementing effective measures for sustainability and conservation.
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