Growth in global environmental monitoring market is driven by factors such 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. In addition, emerging markets such as India, China, Japan, and South Korea are offering new growth opportunities for players operating in this market.
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The Global environmental monitoring market is estimated to reach USD 19.56 Billion by 2021, growing at a CAGR of 7.7% during forecast period. 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 development of environment-friendly industries are some key factors driving growth of global market.
Environmental Monitoring Market, by Sampling Method
- Intermittent Monitoring
- Continuous Monitoring
- Passive Monitoring
- Active Monitoring
Environmental Monitoring Market, by Application
- Air Pollution Monitoring
- Water Pollution Monitoring
- Soil Pollution Monitoring
- Noise Pollution Monitoring
Environment monitoring market research report focuses on various levels of analysis—market share analysis of the top players and company profiles, which together comprise and discuss basic views on the competitive landscape; emerging and high-growth segments of the environmental monitoring market; and high-growth regions and their respective drivers, restraints, challenges, and opportunities.
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Geographically, North America is estimated to command the largest share of the global environmental monitoring market in 2016, followed by Europe. The large market share of the this region can be attributed to the increasing government funding for the maintenance and operation of environmental monitoring stations and the stringent regulations of the U.S.
Environmental Protection Agency (U.S. EPA).
2 Market Share Analysis (2015)
3 Competitive Scenario
4 Recent Developments
5 Product Launches and Enhancements
6 Strategic Acquisitions
7 Geographic Expansions
As of 2015, Agilent Technologies, Inc. (U.S.) held leading position in global market.
Over past three years, company has adopted new product launches, product enhancements, and collaborations as its key business strategies to ensure its dominance in this market. 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 other key players in this market.
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Report studies the environmental monitoring market based on products, utilized for monitoring of various environmental pollutions (such as air, water, soil, and noise). These environmental monitoring products are used for studying various environment conditions based on various parameters (such as air quality, noise level, soil moisture content, and analysis of pesticide content in river water).
The report also studies, the factors (such as drivers, restraints, opportunities, and challenges) which affect market growth in a positive and negative manner.
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