The report "Environmental
Monitoring Market by Product
(Monitor (Fixed, Portable), Sensor (Analog, Digital), and Software), Sampling
Method (Intermittent, Continuous, Active, Passive), Application (Particulate
Matter, Air, Gas, Water, Soil, Noise) - Forecast to 2021",
This report studies the environmental monitoring market over the forecast
period of 2016 to 2021. The market is expected to reach USD 19.56 Billion by
2021, growing at a CAGR of 7.7% during the forecast period.
Browse 75 market
data tables and 42 figures spread through 172 pages and in-depth TOC on “Environmental Monitoring Market”
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Increasing government
initiatives to control environmental pollution levels, increasing government
funding for pollution control and monitoring, ongoing installations of
environment monitoring stations, and growing initiatives for the development of
environment-friendly industries are some key factors driving the growth of the
global market. Furthermore, emerging markets such as Japan, China, and India
offer new growth opportunities for market players. However, factors such as
high product costs associated with environment monitoring solutions, slow
implementation of pollution control reforms, and high export barriers on
environmental technologies across emerging countries are restraining the market
growth.
On the basis of product, the global environmental monitoring
market is divided into three major categories, namely, environmental monitors,
environmental sensors, and environmental monitoring software. Environmental
monitors are further categorized into fixed monitors and portable monitors. The
environmental sensors segment is further divided on the basis of product
architecture (analog sensors and digital sensors) and on basis of applications
(temperature sensing, moisture detection, chemical detection, biological
detection, particulate detection, and noise measurement).
On the basis of sampling methods, the global environmental
monitoring market is divided into four major categories, namely, intermittent
monitoring, continuous monitoring, passive monitoring and active monitoring.
The continuous monitoring segment is expected to command the largest share of
the global environmental monitoring market in 2016.
The environment monitoring market is offering high growth
opportunities to the market players. Rapid industrialization and urbanization
has contributed significantly towards the deterioration of air, water, and soil
quality levels over the decades. With several governments playing an active
role in funding and initiating effective pollution control and monitoring
programs, the global environmental monitoring market is expected to grow at a
significant pace in the next five years.
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North America is expected to be the largest regional segment in
the global environmental monitoring market in 2016, followed by Europe.
However, the Asia-Pacific market is expected to grow at the highest CAGR from
2016 to 2021. Factors such as rapid industrialization in Asia-Pacific countries
(such as China and India), implementation of increasingly stringent
environmental regulation policies, and the growing need to comply with various
environmental safety regulations are stimulating the growth of the
environmental monitoring market in the Asia-Pacific region.
As of 2015, Agilent Technologies, Inc. (U.S.), Danaher Corporation
(U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Thermo Fisher
Scientific Inc. (U.S.), TE Connectivity Ltd. (Switzerland), General Electric
Company (U.S.), Emerson Electric Co. (U.S.), Teledyne Technologies Inc. (U.S.),
and Merck KGaA (Germany) are some of the key players operating in the global
environmental monitoring market.
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