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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® 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® 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.
Environmental Monitoring Market Key Players:
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019).The key players profiled in the global environmental monitoring market are Honeywell 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.
Asia-Pacific: Fastest growing regional market:
North America commanded the largest share of the global environmental monitoring market in 2018, followed by Europe, Asia-Pacific, Latin America, and Middle East & Africa. However, Asia Pacific region is expected to grow at the fastest CAGR during the forecast period owing to increasing implementations of the environmental policies in the region, rapid industrialization, and increasing compliance from industrial facilities towards environmental monitoring regulations laid down in respective countries. Further, growing population in Asian countries is also one of the key factors driving the need to ensure environmental balance in the region, and hence creating a demand for various environmental monitoring technologies.
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Table of Contents
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Currency
1.3.2. Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Government Funding for Environmental Monitoring
4.2.2. Development of Policies and Initiatives to Reduce Environmental Pollution Levels
4.2.3. Rising Installation of Environmental Monitoring Stations and Development of Environmental- Friendly Industries
4.2.4. Increased Public Awareness Related to Environmental Pollution
4.3. Restraints
4.3.1. Trade Barriers on Environmental Technologies in the Emerging Economies
4.3.2. High Product Costs Associated with Environmental Monitoring Solutions and Technical Issues Related to Product
4.3.3. Slow Adoption and Implementation of Pollution Control Policies in Emerging Countries
4.4. Challenges
4.4.1. Inconsistent Environmental Regulations and Funding Across Emerging Countries
4.5. Opportunities
4.5.1. Use of Internet of Things (IoT) Technology and Nanotechnology for Environmental Monitoring Products
4.5.2. Use of Unmanned Aerial Vehicle (UAVS) for Environmental Monitoring
4.6. Trends
4.6.1. Miniaturization of Sensors and Sensor Components
4.7. Market Share Analysis
5. Environmental Monitoring Market, by Product
5.1. Introduction
5.2. Environmental Monitoring Sensors
5.2.1. Environmental Monitoring Sensors Market, by Type
5.2.1.1. Analog Environmental Monitoring Sensors
5.2.1.2. Digital Environmental Monitoring Sensors
5.2.2. Environmental Monitoring Sensors Market, by Component
5.2.2.1. Particulate Detection
5.2.2.2. Chemical Detection
5.2.2.3. Pressure Detection
5.2.2.4. Humidity/Moisture Detection
5.2.2.5. Temperature Sensing
5.2.2.6. Noise Measurement
5.2.2.7. Other Components
5.3. Environmental Monitors
5.3.1. Fixed Environmental Monitors
5.3.2. Portable Environmental Monitors
5.4. Environmental Software
5.5. Other Products
6. Global Environmental Monitoring Market, by Samplin
6.1. Introduction
6.2. Continuous Monitoring
6.3. Intermittent Monitoring
6.4. Passive Monitoring
6.5. Active Monitoring
7. Global Environmental Monitoring Market, by Application
7.1. Introduction
7.2. Air Pollution Monitoring
7.3. Water Pollution Monitoring
7.4. Soil Pollution Monitoring
7.5. Noise Pollution Monitoring
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8. Global Environmental Monitoring Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. Rest of Asia Pacific
8.5. Rest of The World
8.5.1. Latin America
8.5.2. Middle East & Africa
9. Competitive Landscape
9.1. Competitive Benchmarking
9.1.1. Environmental Monitoring Sensors
9.1.2. Environmental Monitors
10. Company Profiles(Business Overview, Financial Overview, Product Portfolio, Strategic Developments)
10.1. Honeywell International Inc.
10.2. Teledyne Technologies Incorporated
10.3. Merck KGaA
10.4. Siemens AG
10.5. General Electric Company
10.6. Horiba, Ltd
10.7. ACOEM Group
10.8. Agilent Technologies, Inc.
10.9. Thermo Fisher Scientific Inc.
10.10. Danaher Corporation
10.11. TE Connectivity
10.12. Emerson Electric Co.
10.13. Shimadzu Corporation
10.14. Testo Se & Co. KGaA
11. Appendix
11.1. Questionnaire
11.2. Available Customization
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