Environmental Monitoring Market Size, Share, Top Players, Emerging Trends, CAGR Analysis, Development Strategy, Sales Revenue, Opportunities and Challenges 2025
Environmental Monitoring Market |
[1-Nov-2019] Owing to increasing environmental issues, a precise process for sampling of air, water, soil, and biota is required to characterize and monitor the quality of the environment for establishment of environmental baselines, testing of environmental modeling processes, and preparation of environmental impact assessment. It is not possible that a single policy can change the entire environmental industry; hence, governments across the globe are increasingly focusing towards investments aimed at creating awareness for environmental sustainability across the world.
Meticulous Research [(R)] in its latest publication on Environmental Monitoring market states that the global Environmental Monitoring market will increase at a CAGR of 7.5% from 2019 to 2025 to reach $21.1 billion by 2025. The growth in the global Environmental Monitoring market is mainly driven by increasing government funding, development of policies and initiatives to reduce environmental pollution levels, rising installations of environmental monitoring stations, and increased public awareness regarding the environmental pollution. Moreover, use of unmanned aerial vehicles for remote environmental sensing and use of Internet of Things (IoT) technology and nanotechnology for environmental monitoring products offer significant growth opportunities for the players operating in the global environmental monitoring market.
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To provide efficient analysis, Meticulous Research [(R)] has segmented this market on the basis of product {[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise, Pressure, Temperature, and Others), Software]}, Sampling Method (Continuous monitoring, Active, Passive, Intermittent), Application (Air Pollution, Water, Soil, Noise), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
Geographically, North America commanded the largest share in this market followed by Europe. The major share of North America is mainly attributed to growing adoption of advanced monitoring technologies, high government investments, strict government mandates, and increasing efforts and initiatives towards environment protection in the region.
While in terms of application, air pollution monitoring accounted for the largest share of the global environmental monitoring market in 2018. Need for development of environment-friendly industries along with increasing public awareness related to the environmental and healthcare implications of air pollution. Also, growing pressure on governing bodies to put forth strict guidelines and regulations to control air pollution from rapid industrialization and rising public-private funding for development of air monitoring devices is supporting the growth in this segment.
The report provides competitive intelligence in terms of financials, growth strategies, product portfolios, and geographical presence for some of the key players in this market including Honeywell International Inc. (U.S.), Teledyne Technologies Incorporated (U.S.), Merck KGaA (Germany), Siemens AG (Germany), General Electric (U.S.), HORIBA, Ltd (Japan), ACOEM Group (France), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Danaher Corporation (U.S.), TE Connectivity (Switzerland), Emerson Electric Co. (U.S.), Shimadzu Corporation (Japan), and Testo SE & Co. KGaA (Germany).
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Key questions answered in Environmental Monitoring Market report:
Increasing implementations of the environmental policies in developing countries will boost the APAC environmental monitoring market
- How does the penetration of environmental monitoring products in developed regions differ from developing countries like India, and China?
- How is the competition between the major global and prominent local players in this market?
- Which are the high growth market segments in terms of product, sampling, application, regions, and countries?
Environmental sensors account for the largest share of the environmental monitoring market, globally
- What factors contribute to the largest adoption of environmental sensors across the globe?
- Which geographic segment is expected to experience the fastest growth in the usage of environmental sensors?
- How does the penetration of environmental sensors differ with respect to their type namely analog and digital sensors?
- Air pollution monitoring is the fastest growing application segment of the environmental monitoring market
- What factors are propelling the growth of air pollution monitoring market?
- What factors contribute to the slow growth for other applications such as water, soil, and noise pollution monitoring compared to air pollution monitoring?
The North American region has the largest adoption of environmental monitoring products compared to other regions
- Which product segment of the North American environmental monitoring market are expected to offer lucrative growth in the forecast period and why?
- What are the major drivers, restraints, opportunities, challenges, and trends in the North American environmental monitoring market?
- What are the geographic trends and high growth regions/countries?
Recent new product launches, partnerships, and acquisitions have taken place in the global environmental monitoring market
- Which companies have recently merged/acquired and how will these unions affect the competitive landscape of the environmental monitoring market?
- Which companies have created partnerships and how will these partnerships promote a competitive advantage?
- Who are the major players in the global environmental monitoring market and what share of the market do they hold?
- What are the local emerging players in the global environmental monitoring market and how do they compete with the global players?
Top 10 Companies In Environmental Monitoring Market at: https://meticulousblog.org/top-10-companies-in-environmental-monitoring-market/
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Khushal
Tel: +1-646-781-8004
Email: sales@meticulousresearch.com
Website: https://www.meticulousresearch.com
Find us on: | LinkedIn | Twitter |
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