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DUBLIN, Oct. 11, 2022 /PRNewswire/ — The “Environmental MEMS Market – Forecasts from 2022 to 2027” report has been added to ResearchAndMarkets.com’s offering.
The environmental MEMS market was evaluated at US$1.121 billion for the year 2020, growing at a CAGR of 4.23%, reaching a market size of US$1.500 billion by the year 2027.
Sensing the environment has always been vital. Targeted sensing has become a requirement for individuals and governments as a result of some cataclysmic catastrophes, the potential of human-caused climate change, and the need for more energy sources. By monitoring the weather and other environmental factors, such as agricultural and ecological concerns, MEMS sensors can assist in maintaining and preserving regular life on Earth.
Energy, fluid, equipment, and other systems, as well as the structures themselves, are monitored in factories, facilities, buildings, and residences. Vehicles and accompanying transportation infrastructures, such as roads, bridges, and equipment, should all be considered. Detect potential security and safety issues in structures, factories, airports, and conflict zones, among other places.
The global environmental MEMS market is predicted to increase rapidly over the forecast period, owing to the prevalence of natural disasters around the world, which will aid in the provision of early warning through the use of MEMS sensors, boosting the market growth. The market will benefit from developing new sensor technologies in the coming years. The environmental MEMS market is likely to see considerable growth potential as pollution levels rise year after year …
Full story available on Benzinga.com
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