Global Environmental Monitoring Market
Global Environmental Monitoring Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 9.83 % through 2020 to 2027, reaching US$ XX Mn.
Global Environmental Monitoring Market Dynamics:
Growing customer awareness regarding increasing pollution levels & strict government rules regarding tracking & curbing pollution. Furthermore, decreasing prices of wireless connectivity modules & sensors are projected to boost the widespread deployment of environmental monitoring systems worldwide. Environmental monitoring is used for many industrial & government applications like detecting & tracking changes in temperature, humidity, particulate matter, biological & chemical air impurities, noise level, & water quality, among others. These systems use many types of sensors to check the above-mentioned points & update & alert operators in case pollution levels rise. The procedure also includes the collection & measurement of pollutants to measure the status of an environment. This helps operators accurately understand the natural environment & facilitate the growth of policies & measures to defend it from any harmful outcomes of human activity.
Developing wireless cellular & non-cellular communication tools have allowed consumers to deploy environment monitoring systems in limited places, remote locations, & hard to access terrain. This has allowed governments to efficiently trace & track water contamination & pollution levels at the source of incidence. Also, fast growing pollution levels owing to improved industrialization & urbanization have forced businesses & governments to organize new environmental monitoring places. It has also allowed companies to effectively check & start environmental baseline standards & trends to support the progress of policies & rules.
The rise of big data analytics has allowed companies & governments to efficiently analyze huge volumes of data gained from numerous environment monitoring networks. Technological developments in sensor technology & a decrease in sensor values have also emerged as a key reason pouring the adoption of environmental monitoring systems globally. End-users are also concentrating on improving existing environmental monitoring infrastructure by adding new sensors & improved connectivity solutions. The market is expected to grow significantly during the forecast period owing to a rise in government initiatives for the promotion of a green & supportable environment. Growing public-private funding for deployment of environmental monitoring systems is also anticipated to produce an extensive market during the forecast period. However, the slow acceptance of pollution control & monitoring rules in developing economies & the substantial cost of these solutions is hampering the market growth.
Global Environmental Monitoring Market Segment Analysis
Based on end-use, the market is segmented by government, corporate, energy & utilities, healthcare, agriculture, and others. The corporate segment led the market in the year 2019 & is also projected to arise as the fastest-growing segment during the forecast period. Growing adoption of indoor environment monitoring systems by companies, healthcare, & chemical industries globally to comply with strict manufacturing standards & provide safe working circumstances for employees is expected to drive the segment. Key companies are also organizing environmental monitoring systems to aggressively monitor & report emission data as part of strict pollution control regulations.
Based on the application, the market is segmented by air pollution, water pollution, soil pollution, & noise pollution. The air pollution segment accounted for the major share in the market in the year 2019 & is also expected to rise as the fastest-growing segment during the forecast period. Rapidly increasing industrial & manufacturing sectors, along with growing number of commercial & passenger vehicles, are expected to emerge as main segment development drivers. Furthermore, strict government regulations regarding air pollution monitoring & control & rising adoption of air quality monitoring solutions by large establishments & Small & Medium-Sized Enterprises (SMEs) are expected to drive the market during the forecast period.
Global Environmental Monitoring Market Regional Insights
North America led the total market in 2019. Strict pollution monitoring & control rules by the U.S. EPA & increasing concerns about global warming & environmental pollution are expected to drive the regional market. Furthermore, strong commercial internal rules regarding safe working conditions & pollution monitoring, along with the fixed availability of fiscal resources, is expected to drive the deployment of environmental monitoring systems in the region. The high number of smart city initiatives & the presence of numerous developed industrial manufacturing clusters are also expected to boost the deployment of environmental monitoring systems in the North America.
The Asia Pacific is expected to develop as the fastest-growing regional market due to growing focus by countries on organizing environmental monitoring systems to recover living conditions & control & decrease pollution levels. Over the past few years, nations in the Asia Pacific have been gradually focusing on dipping pollution levels as part of global climate change initiatives. The deployment & growth of pollution monitoring systems by SMEs in the manufacturing sector through developing Countries like China & India are expected to drive the market during the forecast period.
The objective of the report is to present a comprehensive analysis of the Global Environmental Monitoring Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Environmental Monitoring Market dynamics, structure by analyzing the market segments and project the Global Environmental Monitoring Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Environmental Monitoring Market make the report investor’s guide.
Global Environmental Monitoring Market, Key Highlights:
• Global Environmental Monitoring Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Environmental Monitoring Market
• Global Environmental Monitoring Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Environmental Monitoring Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Environmental Monitoring Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Environmental Monitoring Market are also profiled.
Global Environmental Monitoring Market, by Product
• Monitors
• Software
• Services
Global Environmental Monitoring Market, by End-Use Industry
• Government
• Corporate
• Energy & Utilities
• Healthcare
• Agriculture
• Others
Global Environmental Monitoring Market, by Sampling Method
• Active
• Continuous
• Intermittent
• Passive
Global Environmental Monitoring Market, by Application
• Air Pollution
• Water Pollution
• Soil Pollution
• Noise Pollution
Global Environmental Monitoring Market, by Region
• North America
• Europe
• Asia-Pacific
• MEA & Africa
• Latin America
Global Environmental Monitoring Market Key Players
• 3M
• Agilent Technologies
• Danaher Corporation
• Emerson Electric
• General Electric Company
• Honeywell International Inc
• Siemens
• Teledyne Technologies Inc.
• Thermo Fisher Scientific, Inc.
• Bureau Veritas
• Eurofins Scientific
• SGS S.A.
• AB Sciex
• Intertek Group PLC
• AssureQuality
• ALS Limited
• TE Connectivity,
• Merck KGaA
• Agilent Technologies
• Horiba, Ltd.
For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-environmental-monitoring-market/31017/
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Comments
0 comment