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Environmental Sensor Market to Cross USD 3.63 Billion by 2030 as a Result of Regulatory Imperatives and Compliance Mandates | By SNS Insider

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Pune, Aug. 11, 2023 (GLOBE NEWSWIRE) — As per the SNS Insider report, “The Environmental Sensors Market reached a valuation of USD 1.62 billion in 2022 and is projected to achieve USD 3.63 billion by 2030, exhibiting a compounded annual growth rate (CAGR) of 10.6% from 2023 to 2030”.

Market Report Scope

An environmental sensor is a sophisticated device designed to detect and measure various physical parameters or conditions in the surrounding environment. These sensors play a crucial role in monitoring and assessing the quality and health of our natural surroundings. By collecting data on factors such as temperature, humidity, air quality, light intensity, sound levels, and more, environmental sensors provide valuable insights that enable informed decision-making and the implementation of effective strategies for environmental conservation and management.

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Market Analysis

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The global environmental sensor market is experiencing a profound growth trajectory, driven by an array of interconnected factors that are reshaping industries, policy frameworks, and individual behaviors. As societies and industries increasingly recognize the urgency of addressing environmental challenges, the demand for innovative sensing technologies has surged. The convergence of cutting-edge technologies, such as IoT (Internet of Things) and AI (Artificial Intelligence), has revolutionized environmental sensing. Miniaturization of sensors, coupled with improved processing capabilities, has led to the development of highly efficient and cost-effective sensor solutions. The rapid urbanization and the development of smart cities have intensified the demand for environmental sensors.

Market Overview & Scope:

Report Attributes Details
Market Size in 2022 USD 1.62 billion
Market Size by 2030 USD 3.63 billion
CAGR CAGR of 10.6% from 2023-2030
Key Segments By Location (Outdoor, Indoor, and Portable)

By Type (Temperature, Chemicals, Humidity, Water Quality, Air Quality, Integrated, Ultraviolet (UV), Soil Moisture, Gas, and Smoke)

By Vertical (Government, Industrial, Healthcare, Residential, Commercial, Consumer Electronics, Enterprise)

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By Application (Smart City, Smart Home Automation, Smart Office Automation, and Others)

Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands,Rest of Europe), Asia-Pacific (Japan, South Korea,China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
20% free customization scope (equivalent to 50 analyst working hours) If you need specific information as per your business requirement, which is not currently within the scope of the report, we will provide it to you as a part of customization.
Pricing & Purchase Options Avail customized purchase options to meet your exact research needs. Explore purchase options.

Impact of Recession

The impact of a recession on the environmental sensor market is multifaceted. While there are challenges such as reduced demand, delayed projects, and budget constraints, there are also opportunities arising from heightened health and safety awareness, regulatory pressures, and technological advancements. The extent of these impacts will depend on the severity and duration of the recession, as well as the overall resilience and adaptability of the sensor market and the industries it serves.

Impact of Russia-Ukraine War

The Russia-Ukraine war has triggered a complex interplay of challenges and opportunities for the environmental sensor market. While the conflict has driven demand for advanced sensing technologies to assess and address environmental damage, disruptions in supply chains, research collaboration, and funding priorities have posed significant obstacles. As nations strive to rebuild and develop resilient strategies, the market could play a pivotal role in ensuring a sustainable and secure future.

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Key Regional Development

North America, comprising the United States and Canada, is a prominent player in the environmental sensor market. Government initiatives, stringent emission standards, and growing investments in smart cities contribute to the market’s expansion. The Asia-Pacific region is witnessing rapid urbanization, industrialization, and a rising middle class, leading to increased environmental challenges. Countries such as China and India face significant pollution issues, necessitating the deployment of advanced sensor technologies.

Key Takeaway from Environmental Sensor Market Study

  • In the rapidly evolving landscape of environmental technology, two segments have emerged as frontrunners in shaping the future of sustainable urban development: Temperature Sensing and Smart City Integration. These pivotal segments are poised to dominate the market, heralding a new era of data-driven decision-making and resource optimization.
  • Temperature sensing and smart city integration not only provide insights into current environmental conditions but also empower stakeholders to enact proactive measures for a greener future. As technology continues to evolve, it is imperative that innovation and collaboration drive the development of these segments, steering the market towards a more sustainable and resilient tomorrow.

Recent Developments Related to Environmental Sensor Market

  • Maxar Technologies, a global leader in Earth intelligence and space technology, has been selected to play a pivotal role in the government of Guyana’s efforts to enhance environmental monitoring and sustainable development within its borders.
  • In a remarkable leap forward for enhancing the integrity and efficiency of pharmaceutical supply chains, Zebra Corporation has unveiled its latest innovation: a series of cutting-edge environmental sensors tailored specifically for the pharmaceutical industry.

Buy Complete Research Report Which Provide Detail Impact Analysis of COVID-19, Russia-Ukraine War & Ongoing Recession: https://www.snsinsider.com/checkout/3377 

Table of Contents

1. Introduction

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1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

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3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

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4.1 Impact of Russia- Ukraine War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

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4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

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4.2.2.7 Japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

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7. PEST Analysis

8. Environmental Sensor Market Segmentation, By Location

8.1 Outdoor

8.2 Indoor

8.3 Portable

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9. Environmental Sensor Market Segmentation, By Type

9.1 Temperature

9.2 Chemicals

9.3 Humidity

9.4 Water Quality

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9.5 Air Quality

9.6 Integrated

9.7 Ultraviolet (UV)

9.8 Soil Moisture

9.9 Gas

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9.10 Smoke

10. Environmental Sensor Market Segmentation, By Vertical

10.1 Government

10.2 Industrial

10.3 Healthcare

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10.4 Residential

10.5 Commercial

10.6 Consumer Electronics

10.7 Enterprise

11.  Environmental Sensor Market Segmentation, By Application

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11.1 Smart City

11.2 Smart Home Automation

11.3 Smart Office Automation

11.4 Others

12. Regional Analysis

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12.1 Introduction

12.2 North America

12.3 Europe

12.4 Asia-Pacific

12.5 Middle East & Africa

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12.6. Latin America

13 Company Profile

13.1 OMRON Corporation

13.1.1 Company Overview

13.1.2 Financials

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13.1.3 Product/ Services Offered

13.1.4 SWOT Analysis

13.1.5 The SNS View

13.2 Sensirion AG

13.3 Bosch Sensortec GmbH.

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13.4 Ams AG

13.5 Raritan Inc.

13.6 Texas Instruments Incorporated

13.7 STMicroelectronics

13.8 Amphenol

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13.9 TE Connectivity

13.10 Renesas Electronics Corporation

13.11 Apogee Instruments, Inc.

13.12 Analog Devices, Inc.

13.13 Siemens

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13.14 Schneider Electric

13.15 NuWave Sensor Technology Limited

13.16 eLichens

13.17 AVTECH Software, Inc.

13.18 Agilent Technologies, Inc.

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13.19 Oizom Instruments Pvt. Ltd.

13.20 Ecotech

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

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14.3 Recent Developments

14.3.1 Industry News

14.3.2 Company News

14.3.3 Mergers & Acquisitions

15. USE Cases and Best Practices

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16. Conclusion

About SNS Insider

At SNS Insider, we believe that businesses should have access to the best market intelligence and insights, regardless of their size or industry. That’s why we offer a range of solutions tailored to meet the unique needs of each client, from startups to big corporations. With a passion for our work and an unwavering commitment to delivering value, we are dedicated to helping our clients achieve their full potential.


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Artificial Intelligence

ResourceWise Brings Its Cross-Commodity Data and Analytics Expertise to New Oleochemicals Service

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ResourceWise has met a key milestone in providing cross-commodity price benchmarks, data, and analysis on chemicals, forest products, and decarbonization markets. 
CHARLOTTE, N.C., June 24, 2024 /PRNewswire/ — ResourceWise has met a key milestone in providing cross-commodity price benchmarks, data, and analysis on chemicals, forest products, and decarbonization markets. 

For the first time, one digital product encompasses expertise that spans all the key commodity sectors that ResourceWise covers. Dedicated to renewable feedstock, the new platform-based oleochemicals analysis and insight tools draw on decades of experience within each distinct business sector. 
Dwight Lynch, Biomaterials Business Manager at ResourceWise, is leading the transition towards data and insight on renewable intermediates and biobased and biodegradable polymer inputs. 
“Navigating oleochemicals markets at a time when regulation, legislation, and competition from renewable fuels markets are the key drivers is a challenge. Our new service offers pricing and analysis that informs decision-makers and allows sustainable business to thrive.” 
The new oleochemicals portal in ResourceWise’s flagship chemicals market intelligence platform, OrbiChem360, has evolved beyond its legacy biomaterials insights to focus on the fats and oils markets that are key to sustainability.  
It presents pricing data and analysis that ResourceWise biomaterials experts have furnished within OrbiChem360 this past decade and includes a crude tall oil (CTO) price index. The inclusion of a forest-based output introduces the ResourceWise platform FisherSolve’s pulp and paper industry insight to our portfolio. 
Pete Stewart, the CEO of ResourceWise, is focused on the future. “From raw material converters to end-use consumer goods producers, manufacturing value chain participants are increasingly seeking cross-commodity insights to meet low-carbon targets. We are building and providing the data and analytics businesses need to achieve environmental, social, and governance (ESG) targets and market products competitively worldwide.  
“The ResourceWise mission is to use the intelligence within the increasingly inter-related business sectors we have harnessed to guide customers in their journey toward a net-zero future. This new offering is the first of many milestones in our endeavor to do just that,” adds Stewart.  
A Streamlined Renewable Chemicals Service  
The new product leverages oleochemical pricing and commentary gathered by ResourceWise legacy brands since 2014 and insight collected since the 1990s. It extends our regional reach with additional price points and streamlines the data and analytics provided.  
The new portal is designed with personal care, cosmetics, detergents, lubricants, pharmaceuticals, flavor and fragrance, and food and beverage market participants in mind. However, it provides pricing data and insights for producers, intermediaries, and consumer product manufacturers in broader industries. 
More Than Forty Current and Historical Prices          
International price indexes for oleochemicals include the feedstocks soybean, coconut, tall, rapeseed, and palm oils, as well as tallow and glycerine grades Dozens of spot and contract prices for fatty acids and fatty alcohols plus comprehensive commentary based on intelligence from a worldwide contact base       Low-carbon price benchmarks and commentary in our oleochemicals offering will increasingly leverage intelligence on the biofuels sector within the Prima CarbonZero platform      Global Trade Flow graphics for all oils and tallow to help customers understand how key plant and animal-based feedstocks are traded globally to identify new markets and sources   Industry experts contextualize data, making it actionable, and respond personally to customer inquiries By bridging information gaps in the chemicals market, OrbiChem360 subscribers gain a competitive edge in volatile markets. The platform provides decision makers with robust, data-driven insight that unravels market trends so they can harness growth opportunities. For more information on the OrbiChem360 platform, visit the ResourceWise OrbiChem360 page. 
CONTACT:
Contact:Suz-Anne Kinney          Vice President, Marketing & Communications at [email protected]  +1 (980) 233-4021
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AI Vulnerability Scanning market Size to Grow USD 7,574.30 Million by 2030 at a CAGR of 13.52% | Valuates Reports

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BANGALORE, India, June 24, 2024 /PRNewswire/ — AI Vulnerability Scanning market is Segmented by Type (On-premises, Cloud-Based), by Application (SMEs, Large Enterprise): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global AI Vulnerability Scanning market was valued at USD 3121.56 million in 2023 and is anticipated to reach USD 7,574.30 million by 2030, witnessing a CAGR of 13.52% during the forecast period 2024-2030.
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 Major Factors Driving the Growth of AI Vulnerability Scanning Market:
The market for AI vulnerability assessment is being pushed by the growing requirement for strong cybersecurity defenses against increasingly complex and dynamic cyberthreats. AI-specific vulnerabilities are becoming more likely as organizations use machine learning (ML) and artificial intelligence (AI) more extensively, which calls for the use of specialized scanning solutions. AI vulnerability scanners use cutting-edge algorithms to find and fix security flaws in AI models, shielding against criminal activity, data breaches, and adversarial attacks. The demand for AI vulnerability screening tools is being driven primarily by the increasing awareness of AI security concerns, regulatory constraints for strict data protection, and the integration of AI across multiple sectors, including banking, healthcare, and automotive. Furthermore, improvements in AI and ML methods boost these scanning solutions’ efficacy and propel the market forward.
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TRENDS INFLUENCING THE GROWTH OF THE AI VULNERABILITY SCANNING MARKET
Because cloud-based AI vulnerability scanning provides scalable, effective, and all-encompassing security solutions, it is driving the growth of the AI vulnerability scanning market in major companies. By constantly monitoring and analyzing enormous volumes of data across enterprise networks, these cloud-based systems make use of cutting-edge AI algorithms to spot possible vulnerabilities in real time. Large businesses can effectively manage security across different and complex IT infrastructures thanks to the flexibility and scalability of cloud solutions, which guarantees strong defense against constantly changing cyber threats. Furthermore, cloud-based platforms’ centralized architecture makes it simpler to integrate and upgrade with pre-existing security frameworks, which improves overall resiliency. The market is expanding significantly as a result of large organizations prioritizing cybersecurity and the increased need for advanced, AI-driven vulnerability detection solutions.
The market for AI vulnerability scanning is primarily driven by the rise in complex cyberthreats. Organizations are becoming more cognizant of the necessity for sophisticated security measures as cyber threats escalate in complexity and frequency. When it comes to identifying and countering these contemporary threats, traditional vulnerability scanning techniques frequently fall short. Real-time detection and prediction analysis capabilities are provided by AI-powered vulnerability scanning solutions, which can detect possible security breaches before they happen. Organizations must make significant investments in AI-based security solutions in order to preserve business continuity and protect critical data.
One major element propelling the market expansion for AI vulnerability scanning is regulatory compliance. Tight laws are being passed by governments and business associations across the globe to guarantee cybersecurity and data security. Sufficient observance of regulations like GDPR, HIPAA, and CCPA necessitates ongoing security vulnerability reporting and monitoring. AI vulnerability scanning systems offer thorough and automated security assessments, which assist enterprises in meeting these legal obligations. This ability not only guarantees compliance but also lowers the possibility of fines and harm to one’s reputation, which motivates more companies to choose AI-powered security solutions.
Another important element propelling the market for AI vulnerability scanning is cost effectiveness. Conventional security methods are resource-intensive and can require a large amount of manual effort, which raises operational costs. The identification and mitigation of security threats are automated by AI-powered vulnerability scanning solutions, which minimizes the need for significant human participation. Organizations save a significant amount of money because of this automation, especially big businesses with sophisticated IT infrastructures. Furthermore, early vulnerability detection reduces the possible financial effect of cyberattacks, which makes AI-driven solutions a financially viable choice for companies.
The market for AI vulnerability scanning is expanding due in large part to the need for real-time threat identification. Real-time security threat detection and response is essential in today’s fast-paced digital world. Artificial intelligence (AI)-driven vulnerability scanning solutions enable businesses to quickly respond to possible threats by offering continuous monitoring and instantaneous analysis of security weaknesses. Reducing the effects of cyberattacks and preserving the integrity of vital systems depend on this real-time detection capabilities. Adoption of AI-based security solutions is driven by the increased requirement for quick reaction to threats.
The market for AI vulnerability screening is being driven by several factors, including increased accuracy and precision. Conventional vulnerability scanning techniques can miss subtle security risks and generate false positives. On the other hand, AI-powered products use sophisticated analytics and machine learning algorithms to pinpoint vulnerabilities extremely precisely. This lowers the quantity of false alarms and guarantees that serious dangers are dealt with right away. Because AI-driven solutions are more accurate, security measures are more effective overall, which is why businesses looking for dependable and all-inclusive vulnerability management choose them.
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AI VULNERABILITY SCANNING MARKET SHARE ANALYSIS
The market for AI vulnerability scanning is dominated by North America because of the region’s strong emphasis on cybersecurity and technical improvements. Because there are so many tech businesses, financial institutions, and government organizations in the US that need to implement strong cybersecurity measures, the country is a big participant in this space. The development and uptake of sophisticated vulnerability scanning solutions are aided by the presence of significant AI and cybersecurity companies in the area. The industry is additionally driven by strict regulatory requirements, such as those imposed by the Health Insurance Portability and Accountability Act (HIPAA) and the Federal Information Security Management Act (FISMA), which force firms to install extensive security measures. The increased frequency of cyberattacks in North America emphasizes the necessity for sophisticated AI-powered security measures.
Key Players:
European UnionCRYPTTECHSecPointTheSmartScannerSecureWorksCybotsCyber OrionImmuniWeb SAVertaHuawei CloudFreeBufAlibaba CloudIBMGoogle CloudBARUTUAmazon AWSPurchase Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-12L15782/Global_AI_Vulnerability_Scanning_Market_Research_Report_2023
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Artificial Intelligence

Timekettle Announces HybridComm 3.0 Upgrade, Marking a New Era in Near-human-level AI Translation Technology

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SHENZHEN, China, June 24, 2024 /PRNewswire/ — Timekettle is excited to announce the release of its latest software upgrade, the AI Semantic Segmentation. Powered by Timekettle’s cutting-edge TurboFast Technology under HybridComm 3.0, the AI Semantic Segmentation sets a new standard in real-time language translation, solidifying Timekettle’s position as the expert in AI translator earbuds.

As the pioneer and innovator in cross-language communication solutions, Timekettle has relentlessly advanced the field through innovative products, marking a significant chapter in AI translation devices. Initially offering handheld translators for simple exchanges, Timekettle’s breakthrough came with the WT2 Plus Translator Earbuds, featuring HybridComm 1.0 for seamless, one-way translation and a speaker mode for broader communication. The subsequent launch of the WT2 Edge Real-time Translator Earbuds, with HybridComm 2.0, enabled natural, bidirectional conversations. The latest advancement, powered by HybridComm 3.0 featuring the AI Semantic Segmentation, significantly enhances translation efficiency and accuracy, marking a new era in near-human-level AI translation technology.
Leveraging the advanced TurboFast Technology, the AI Semantic Segmentation ensures a seamless and instant translation experience, helping the translated speech align perfectly with the speaker’s rhythm, and eradicating the issue of delayed translated output in crucial communication scenarios. It begins by grasping the core meaning of sentences. Once it aligns closely with the “entirely correct” benchmark, it begins translating while still processing the original voice, allowing users to hear the translated audio sooner.
Thanks to the AI Semantic Segmentation, the delay in receiving translated audio has been reduced by 200%, bringing its real-time translation capabilities on par with live interpretation. Internal test conducted recently revealed that with the AI Semantic Segmentation, a translated speech only delays a sentence lag time, while other traditional speech translation devices may experience significant delays of 30 to 40 seconds.
This significant reduction, cutting over 20 seconds of waiting time, has revolutionized continuous communication. Picture being at a conference room where attendees can instantly hear the translation of a sentence right as the speaker starts the next. Such a seamless flow of communication marks a new era of cross-language interaction, paving the way for a more connected world.
The AI Semantic Segmentation is now available on Timekettle WT2 Edge Real-time Translator Earbuds, M3 Language Translator Earbuds, and X1 AI Interpreter Hub (One-on-one mode, Listen & Play mode, and Ask & Go mode for now; Voice Call mode and more starting June 28th) and upon installing the latest software update for existing users. 
About Timekettle
Established in 2016, Timekettle is dedicated to advancing cross-language communication through innovative products and solutions. Recognized with numerous international accolades, including the CES Innovation Award, iF Design Award, and Japan Good Design Award, Timekettle’s products have proudly served the needs of cross-language communication in a variety of user scenarios, including abroad-living, traveling, multi-language meetings and classrooms, as well as in manufacturing and logistics, and beyond. Having solidified a user database of more than 400,000, Timekettle continues its journey as the Global No.1 AI Translator Device.
For further information, please visit https://www.timekettle.co/ or contact [email protected]
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