January 24, 2020

Environmental Monitoring Market Analysis by Type, markrt Share by Country: Opportunity and Forecasts Till 2025

Meticulous Research®– leading global market research company published a research report titled “Environmental Monitoring Market by Product {[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise), Software]}, Sampling Method (Continuous Monitoring, Active), Application - Forecast to 2025”. According to this latest publication from Meticulous Research®, the global environmental monitoring market is expected to grow at a CAGR of 7.5% from 2019 to reach $21.08 billion by 2025.

Some Major Market Growth Factors:

The high growth of environmental monitoring market is mainly attributed to the 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. The use of Internet of Things (IoT) technology and nanotechnology for environmental monitoring products and use of unmanned aerial vehicles for remote environmental sensing offer significant growth opportunities for the players operating in this market. However, high cost, trade barriers on environmental technologies, and slow adoption& implementation of pollution control policies in emerging countriesare the key factors expected to hinder the adoption of environmental monitoring products over the coming years.

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Key Market Segments to Watch

The global environmental monitoring market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025-by Product{[Monitor (Fixed, Portable)], Sensors [Type (Analog, Digital), Component (Particulate, Chemical, Humidity, Noise), Software]}, Sampling Method (Continuous monitoring, Active), Application.The study also evaluates industry competitors and analyzes the market at regional and country level.

On the basis of product

, the environmental monitoring sensorssegment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed toease of equipment handling and their advantages such as operational flexibility, versatility, small equipment size, low maintenance cost. The growth in this market is driven by growing adoption of environmental monitoring technologies among different industry segments and technological advanceslike miniaturization of sensors and sensor components. Among the environmental monitoring sensorsmarket by component, particulate detectionsegmentaccounted for the largest share in 2018. The rising levels of atmospheric particulate matter-PM2.5 and PM10 in the air, rise in air pollution due to increasing industrialization and urbanization, and increasing government restrictions to prevent air pollutants from exceeding the prescribed limits supported the largest share of this segment in 2018.

On the basis of sampling,

the continuous monitoringsegment accounted for the largest share of this market in 2018. The large share of this segment is mainly attributed to their adoption owing to its ability to analyze the pollutants at a faster rate, to detect the increasing or decreasing pollutant concentration within time, ability to ensure fast corrective action, increased public access to information, and improved control over the impacts on the environment.

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On the basis of application

, air pollution monitoring segment accounted for the largest share of the globalenvironmental monitoring market in 2018.The large share of this segment is attributed todevelopment of environment-friendly industries, increasing public awareness related to the environmental and healthcare implications of air pollution, and increasing public-private funding towards development of air pollution monitoring technologies. Also, the growing pressure on governing bodies to put forth strict guidelines and regulations to control air pollutionfrom rapid industrializationis supporting the growth in this segment.

Geographic Review:

This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan,China, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share of the globalenvironmental monitoring market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due toincreasing implementations of environmental monitoring and protection policies from governments in the region, and increasing compliance from industrial facilities towards environmental monitoring regulations laid down in respective countries.

Market Leading Key Players:

The key players operating in the global environmental monitoring market areHoneywell International Inc., Teledyne Technologies Incorporated, Merck KGaA, Siemens AG, General Electric, HORIBA, Ltd, ACOEM Group, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., Danaher Corporation, TE Connectivity, Emerson Electric Co., Shimadzu Corporation, and Testo SE & Co. KGaA.

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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

1. How does the penetration of environmental monitoring products in developed regions differ from developing countries like India, and China?

2. How is the competition between the major global and prominent local players in this market?

3. 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

1. What factors contribute to the largest adoption of environmental sensors across the globe?

2. Which geographic segment is expected to experience the fastest growth in the usage of environmental sensors?

3. 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

1. What factors are propelling the growth of air pollution monitoring market?

2. What factors contribute to the slow growth for other applications such as water, soil, and noise pollution monitoring compared to air pollution monitoring?

3. The North American region has the largest adoption of environmental monitoring products compared to other regions

4. Which product segment of the North American environmental monitoring market are expected to offer lucrative growth in the forecast period and why?

5. What are the major drivers, restraints, opportunities, challenges, and trends in the North American environmental monitoring market?

6. 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

1. Which companies have recently merged/acquired and how will these unions affect the competitive landscape of the environmental monitoring market?

2. Which companies have created partnerships and how will these partnerships promote a competitive advantage?

3. Who are the major players in the global environmental monitoring market and what share of the market do they hold?

4. What are the local emerging players in the global environmental monitoring market and how do they compete with the global players?

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