Bharat Book

Environmental Sensing and Monitoring Technologies: Global Markets

Press Release   •   Nov 17, 2011 15:18 IST

REPORT HIGHLIGHTS
 
 * The global environmental sensor and monitoring market was valued at nearly $11.12 billion in 2010. This market is expected to reach nearly $11.31 billion in 2011 and $15.34 billion in 2016, a compound annual growth rate (CAGR) of 6.5% between 2011 and 2016.
 * The market for terrestrial category is estimated to reach nearly $2.93 billion in 2011 and is expected to increase at a 5.3% compound annual growth rate to reach nearly $3.79 billion in 2016.
 * Atmospheric market represents the second largest market category with the expected sale of $1.57 billion in 2011. This should reach nearly $1.91 billion in 2016, for a CAGR of 4%.
 http://www.bharatbook.com/detail.asp?id=217657&rt=Environmental-Sensing-and-Monitoring-Technologies-Global-Markets.html
 
 REPORT SCOPE
 
 INTRODUCTION
 
 PRINCIPAL TRENDS
 There are two principal trends of note in the environmental sensing and monitoring business. The first is the technological revolution in the design and engineering of individual sensors and sensor components. The trend in terms of individual sensors is toward miniaturization. Making sensors smaller lowers material costs and energy requirements and makes large distributed networks possible. market research reports
 
 Indeed, the second principal trend is the development of environmental sensor and monitoring networks themselves. There is an explosion in the number, extent, and capacity of these networks, so much so that this report can only provide a sampling. At the governmental level alone, annual expenditures on maintenance and operation of these networks is nearly $500 million just in the U.S.
 
 Sensor networks allow distributed sensing capacity, real-time data visualization and analysis, and integration with adjacent networks and remote sensing data streams. Underpinning the development of networks is the miniaturization of electronics, the availability of massive data storage and computational capacity, and the Internet. As this report documents, environmental sensor networks have been firmly established, and large new networks are actively in development. New projects range from those that are continental in scope to those that only monitor local conditions. The range of variables measured includes daily CO2 fluxes to decadal shifts in temperatures. Sensor systems can monitor physical and biological activity, as well as measure groundwater fluxes and nutrient dynamics.
 
 LARGE GLOBAL OPPORTUNITY
 The global environmental remediation and monitoring business is huge. In the U.S. market alone, some $250 billion of economic output stems from all pollution control and monitoring activities each year. Among the faster-growing segments of this clean-up business are the markets for sophisticated sensors; monitoring equipment; and large-scale networks, such as satellite, GPS, and remote sensing; associated networking equipment and ancillaries; and a large slate of new technologies. Globally, the markets for environmental sensors and the related sub-segments (e.g., monitoring, networks, remote sensing) account for approximately $13 billion of economic activity at present, with a projected average annual growth of 5.4% through 2016.
 
 The purpose of this report is to measure and forecast the demand for sensor equipment, systems, and networks that are sold for terrestrial, oceanic, and atmospheric environmental sensing. The report defines markets for sensors and/or sensor systems (e.g., monitoring networks), and then separately defines markets for the advanced materials and advanced sensor concepts that represent markets of the future. In regard to cutting edge developments, nanotechnology, for which considerable EPA and NSF research dollars have been expended, is covered. Nanotechnology-based chemical sensors can provide high-sensitivity, low-power, and low-cost portable tools for in situ chemical analysis in space and terrestrial applications. An additional purpose of this report is to assess the needs of long-term environmental monitoring applications and to summarize the capabilities of emerging sensor technologies.
 
 Environmental sensors come in literally thousands of forms and types based on a wide range of physical and chemical principles with varying types of usable outputs. Typical contaminants monitored are metals, volatile organic compounds, biological contaminants, and radioisotopes. The field applications of sensors are also extremely varied. Among the key trends in the environmental sensors business is miniaturization down to the nano scale, continuous and/or real-time sensing capabilities, wireless networked operation, rapid processing, and increased sensitivity or flexibility. Areas of environmental focus include vehicular emissions, combustion of fossil fuels, agricultural runoff, industrial and mine waste disposal, ocean spills and dumping, and climate change and weather monitoring.
 
 Environmental sensors and monitoring technologies have not only become a substantial high-technology business, but future growth is almost pre-ordained due to the fact that global economies must manage their environmental impact or eventually destroy themselves. At the same time that environmental clean-up is more or less forced onto the policy-making agenda, technology revolutions in nanotechnology, semiconductors (e.g., lab-on-a-chip), and communications are facilitating sensor product development and implementation.
 
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