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The Worldwide Environmental Monitoring Industry is Expected To Reach $17.9 Billon by 2026

The Worldwide Environmental Monitoring Industry is Expected To Reach $17.9 Billon by 2026

DUBLIN, January 27, 2022–(BUSINESS WIRE)–The “Global Environmental Monitoring Market by Product Type (Sensors. Indoor Monitors. Outdoor Monitors), Sampling Mode, Component. End-User. (North America, Europe. APAC. Latin America, MEA) – Forecast to 2026”Report has been added ResearchAndMarkets.com’s offering.

The global market for environmental monitoring will reach USD 17.9billion by 2026. This is an increase of 4.5% over the estimated USD 14.5billion in 2021.

In 2020, the largest share of the market for environmental monitoring was held by the Monitors segment, based on product type.

The market for environmental monitoring is divided by product type into software and monitors. The market for environmental monitors can be further divided into outdoor, indoor, and portable monitors. The monitors segment represented 88.6% in the global market for environmental monitoring in 2020. While the outdoor environmental monitors group accounted 44.1% of the market for environmental monitors in 2020. This market segment is large due to the growing adoption of pollution monitoring strategies across industries.

In 2020, the market share for environmental monitoring by sampling method was the largest in the Continuous Monitoring segment.

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. The large market share can be attributed to increasing public awareness about the importance of developing environment-friendly industries and real-time monitoring samples. Also, the rising levels environmental pollution in major locations around the world.

In 2020, the largest share of the market for environmental monitoring was held by the Particulate Detection segment.

The market for environmental monitoring is segmented by component. It includes particulate detection and chemical detection. Particulate detection is further divided in PM2.5 detection, PM10 detector and other detection. Chemical detection is further sub-segmented into gas detection volatile organic compound discovery pesticide detection, and other chemicals. The market share for environmental monitoring was 47.2%, with particulate detection accounting for the largest portion. This can be attributed mainly to rising levels PM2.5 and PM10, increasing market demand or PM monitors for outdoor and indoor air quality monitoring, and rapid increase in air pollution due to increased industrialization and urbanization of emerging countries.

The largest share of global environmental monitoring market in 2020 was accounted by the Air Pollution Monitoring application

The market for environmental monitoring is segmented based on its application. It can be divided into air pollution monitoring and water pollution monitoring. Soil pollution monitoring can also be used to monitor noise pollution. The water pollution monitoring segment includes surface &groundwater monitoring and wastewater 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 and need for sensor-based environmental monitoring systems, growing health concerns, and stringent legislation regarding air pollution by various governments.

In 2020, the largest share of the global market for environmental monitoring was accounted by industrial users.

The market for environmental monitoring is segmented based on end users. These include government agencies & smart cities authorities, businesses, residential users and healthcare & pharmaceutical industries. In 2020, 27.2% of the market’s environmental monitoring market was held by industrial users. This is due to the increasing number of power plants, refineries, and urbanization in emerging nations.

Market Dynamics

Drivers

  • There is an increasing need for efficient natural resource management

  • Development of Environment-Friendly Industries

  • Wireless Cellular Communication Technologies, and Non-Cellular Communication Technologies.

  • Rising Pollution Levels Lead to Increased Health Concerns

Restraints

Opportunities

  • Increased Government funding to control and prevent environmental pollution

  • Supportive Regulations and Rules from the Government to Reduce Pollution

  • Growing Oil & Gas Industry

  • Nanotechnology used in the development of high-end environmental monitoring system

Challenges

Companies Mentioned

  • 3M

  • Aeroqual

  • Agilent Technologies, Inc.

  • ams AG

  • Atmotech Inc.

  • Biomerieux S.A.

  • Danaher

  • E.S.I. Environmental Sensors Inc.

  • Eko Instruments B.V.

  • Emerson Electric Co.

  • Eurotech Spa

  • Forbes Marshall

  • Honeywell International, Inc.

  • Horiba Group

    See Also

  • Merck KGaA

  • NESA Srl

  • Omega Engineering Inc.

  • Perkinelmer, Inc.

  • Plume Labs

  • Powelectrics Limited

  • Raritan Inc.

  • Raytheon Technologies Corporation

  • Sensirion Holding AG

  • Shimadzu Corporation

  • Siemens AG

  • Spectris plc

  • TE Connectivity

  • Teledyne Technologies Incorporated

  • Texas Instruments Incorporated

  • Thermo Fisher Scientific

For more information, visit this report https://www.researchandmarkets.com/r/mpqu4l

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