Environmental monitoring is the procedure of observing & governing the condition of environment caused by industrial operations. The main motive of environmental monitoring is to measure the development of mandate environmental objectives and to assist in detection of growing environmental challenges. Environmental monitoring involve various technologies which are used to observe pollution in air, water, land, waste management. Environmental monitoring produces vital information for local authorities and the government to evaluate present condition of atmosphere which helps in developing plans for adjusting the changes in the environment.
environmental monitoring generates essential information for federal government to assess the current state of the environment and to develop effective strategies for adapting the environmental change. The major factors driving the growth of Environmental monitoring market are growing government initiatives to protect environment from air pollution, water pollution and other kind of hazards. Other factors such as rising implementation of Environmental monitoring and software for industrial pollution check, and growing government initiatives in developing environment friendly infrastructure is expected to propel the environmental monitoring market growth. However, lack of technical expertise, difficulty in monitoring certain aspects due to stringent low of a country’s government are some of the challenges affecting the market.
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Major Key Players
Agilent Technologies, Inc. (U.S.),
Danaher Corporation (U.S.),
Environmental Sensors Inc. (Canada),
Emerson Electric Co. (U.S.),
Siemens AG (Germany),
Nidec Corporation (Japan),
General Electric Company (U.S.),
Thales Group (France),
Lockheed Martin Corporation (U.S.),
Honeywell International, Inc. (U.S.) and others, are profiled in Market Research Future analysis and are at the forefront of competition in the global Environmental Monitoring market.
MRFR also asserts that globally, the Environmental Monitoring market is expected to grow to USD ~20 Billion registering a staggering double digit CAGR over ~10% during 2016 to 2022.
January 2018, Critical Weather Prediction Apart from Environmental Monitoring is Now Possible through JPSS-1 Launched by NASA and NOAA. With the JPSS-1 satellite, meteorologist will get improved data on weather forecasting and as this satellite can predict a hurricanes track, it will assist with the post-storm recovery by visualizing the damage done through a storm and geographic extent of power outages. The remarkable improvement on account of scientific advancements and advanced technology in observation in JPSS-1, has given it the ability to provide critical prediction of weather, as well as the ability to monitor the environment.
North America is expected to dominate the environmental monitoring market during the forecast period. Rising government funding for implementing environmental monitoring stations and stringent rules & regulations of the U.S. environmental protection agency is expected to drive environmental monitoring market in North America. Europe is considered to support North America in generating highest revenue for environmental monitoring market by the end of forecast period as industrial growth fulfil the rising consumer demand in creating the need to monitor the quality of the environment. To protect environment healthiness, European Environment Agency (EEA) has established & mandated economic policies for industries thereby increasing the market of environmental monitor devices in the region. Further, Asia-Pacific is expected to be the fastest growing region in environmental monitoring market. This growth is due to rising government initiatives for the development of environment friendly industries.
Global Environmental monitoring market can be segmented as follows:
Segmentation by Types: Intermittent Monitoring, Continuous Monitoring, Passive Monitoring, Active Monitoring and Others.
Segmentation by Products: Monitors, Sensors, And Software.
Segmentation by Applications: Air Pollution Monitoring, Water Pollution Monitoring, Soil Pollution Monitoring And Noise Pollution Monitoring and Others.
Segmentation by End-Users: Medical, Food & Beverage, Construction, Data Centers, Retail, Government, And, Others.
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- Environmental monitoring device manufacturers
- Environmental monitoring software developers
- National & international environment protection agencies
- Research & consultancy
- End-user sectors
- Technology investors
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