Miniaturization of Sensors Will Buoy the Global Environmental Sensing and Monitoring Market: TechNavio Research

Renewable energy

 

London, 01 October 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Environmental Sensing and Monitoring Market 2014-2018.

Environmental sensors are devices used to detect changes in the environment such as changes in humidity and temperature. These monitoring technologies are primarily used in areas such as forest fire detection, air pollution monitoring, GHG monitoring and landslide detection.

The Global Environmental Sensing and Monitoring market is expected to grow at a CAGR of 5.4 percent during the forecast period.

The latest report by TechNavio focuses on a variety of applications for environmental sensing and monitoring technologies like sensing moisture, detecting temperature fluctuations and identifying changes in chemical and biological conditions in the environment. Some of the key end users in the market include:

  • Aerospace Sector
  • Industrial Sector
  • Media Sector
  • Military Sector

The report also emphasizes some rapid technological advances like miniaturization of sensors and sensor components that are expect to have a significant impact on market growth.

“Reduction in the size of sensors leads to a reduction in the cost of materials. It also leads to a reduction in the energy use of sensors while increasing the size of distribution networks. The miniature cryogenic compressor, which is a component of environmental sensors, is a perfect example of technology-related advances that will have a huge impact on this spher

 

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018

Market Growth Drivers:

  • Variety of Applications for Environmental Sensing and Monitoring Technologies
  • For a full detailed list, view our report.

Market Challenges:

  • Inconsistency in Government Policies
  • For a full detailed list, view our report.

Market Trends:

Key Vendors:

  • General Dynamics Corp.
  • Lockheed Martin Corp.
  • Northrop Grumman Corp.
  • Raytheon Co.
  • Thales Group

Other Prominent Vendors:

  • Agilent Technologies
  • Ball Aerospace and Technologies
  • Honeywell Sensing and Control
  • Matrix Sensors

https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….