An environmental monitoring system is used for analyzing air, water, or soil samples to monitor the environment’s quality. This system monitors and controls environmental conditions during and after industrial operations.
New York, Jan. 25, 2022 — GLOBE NEWSWIRE — Reportlinker.com announces that the report “Environmental Monitoring market by product type, sampling method, component, application, end-user and region – Global Forecast to 2020” has been released. https://www.reportlinker.com/p04612800/?utm_source=GNW
Market growth is primarily driven mainly by companies reorganizing their operations and recovering after the COVID-19 effect, increasing public awareness about health consequences of environmental pollution, and rising levels PM2.5 in the atmosphere. The market for environmental monitoring is expected to grow due to the increasing emphasis by government on pollution monitoring standards. Natural resource management (NRM), is the sustainable use of major natural resources such as land, water and air, minerals, forests and fisheries.
For revenue generation, most nations rely on natural resources, including fossil fuels, metals and non-metallic minerals, biomass, water, and land. It would be a win-win situation for the environment as well as economic growth if natural resources were used sustainably to increase productivity and reduce their rate of depletion.
By reducing material dependence and adopting more circular business models, economies can become more resilient.
Sustainable management can reduce environmental impacts in agriculture, forestry and fishing as well as mitigate climate change. The market for environmental monitoring will be constrained by high product prices and limited use of particulate analyzers on emerging and underdeveloped countries.
In 2020, the market share for environmental monitoring products was the largest by segment.
The market for environmental monitoring is segmented by product type into monitors and software.
In 2020, the monitors segment accounted to 88.6% of global environmental monitoring market. Outdoor environmental monitors group accounted for 44.1%. This market segment’s large share can be attributed largely to the increasing use of pollution monitoring strategies across industries.
The largest share of the market for environmental monitoring, by sampling method, was held by the Continuous Monitoring segment in 2020
The market segmented by sampling method is the environmental monitoring market. It can be classified as active, passive, continuous, and intermittent monitoring. With a 57.11% share, the continuous monitoring segment held the largest share in the global environmental monitoring market in 2020. This segment is largely due to growing public attention on the development and promotion of environmentally-friendly industries, real time monitoring of samples, as well as the rising levels of pollution in major areas around the globe.
In 2020, the largest market share by component was held in the Particulate Detection segment.
The market for environmental monitoring can be divided by component into particulate, chemical, biological, temperature, moisture, and noise measurement. Particulate detection can be further divided into PM2.5 detection and PM10 detection. Chemical detection can be further divided into gas detection and volatile organic compound detection as well as pesticide detection and any other chemicals. The market share for environmental monitoring was 47.2%, with particulate detection accounting for the largest portion. This is due to rising levels of PM2.5/PM10 in the air, increased market demand for outdoor and indoor quality monitors or PM monitors, as well as rapid rise in air pollution levels caused by increasing industrialization and urbanization.
The largest share of the global market for environmental monitoring in 2020 was held by the Air Pollution Monitoring segment.
The market segmentation of environmental monitoring market is based on application. This includes air pollution monitoring and water pollution monitoring.
In 2020, the market share for environmental monitoring was 54.16%. This can be attributed mainly to the increasing level of air pollution in key markets (such the US, Europe China, India, and Middle East), growing acceptance of sensor-based air quality monitor systems, increasing health concerns, as well as stricter air pollution control legislation by many governments.
The largest share of global environmental monitoring market in 2020 was made up of End Users and Industrial Users segments.
The market segmented by end users is the environmental monitoring market. It includes government agencies & smart-city authorities, enterprises, commercial and residential users, hospitals & pharmaceutical industries, industrial users and other end uses. With a 27.2% share in 2020, the industrial users segment dominated environmental monitoring market. This is due to the rising number of power stations and refineries as well as urbanization in emerging markets.
The APAC market will experience the highest growth rate over the forecast period, according to region
The market for environmental monitoring can be divided into five major regions: North America (Europe, Asia Pacific, Latin America and the Middle East and Africa). North America held the largest share, 50.6%, followed by Europe, which had a 25.5% share. The Asia Pacific market is expected to grow at the fastest rate over the forecast period. This can be attributed to increased government funding for environmental monitoring stations, stringent regulations supporting the greater adoption and advancements in environmental sensors, as well as stricter regulations.
Below is a list of the primary participants mentioned in this report
By Company Type: tier 145%, tier 234%, and tier 3 21%
By Designation: C-47%, Director-33%, and Other20%
By Region: North America35%; Europe32%; Asia Pacific25%; Latin America6% and the Middle East&Africa2%
The major players in the market for environmental monitoring are Agilent Technologies, Danaher (US), Thermo Fisher Scientific(US), Shimadzu Corporation [Japan], PerkinElmer (US), 3M US), Emerson Electric Co. US), bioMrieux S.A.France), Honeywell International Inc. US), Merck KGaA Germany (Germany), Siemens AG Germany), Emerson Electric Co. US, and Forbes Marshall (India).
Research Coverage
This report analyzes the market for environmental monitoring based on product type, end user, and region. It also provides details about the market’s competitive landscape for market leaders.
The report also analyzes micromarkets in terms of their individual growth trends. It forecasts the revenue of market segments for five main regions (and the respective country within these regions).
The Reasons to Purchase the Report
The report will allow established firms, as well as new entrants/smaller companies, to get a pulse on the market. This would allow them to gain a greater market share. The report can be used by firms to strengthen their market presence in one or more of the following ways:
This report gives insight into the following:
Market Penetration – Comprehensive information on the product portfolios offered in the market for environmental monitoring
Product Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and product launches in the environmental monitoring market
Market Development: Comprehensive Information on the most lucrative emerging regions
Market Diversification: Comprehensive information about new products, expanding geographies, and the most recent developments in environmental monitoring market
Competitive Assessment: In-depth analysis of market segments and growth strategies, revenue analysis, as well as products of the top market players.
The full report is available here: https://www.reportlinker.com/p04612800/?utm_source=GNW
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