About Environmental Monitoring
Environmental monitoring is a monitoring process of sampling and analyzing the specifics of the environment. The purpose of environmental monitoring is to access the progress of mandate environmental objective and help to detect rising environmental issues. The environmental monitoring market is driven by factors that include growing global population, development of policies & initiatives aimed to reduce environmental pollution caused to air, soil, and increased government funding to prevent and control pollution.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Environmental Monitoring is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Environmental Monitoring market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Danaher Corporation (United States), Thermo Fisher Scientific (United States), General Electric (United States), 3M Company (United States), Agilent Technologies (United States), TE Connectivity (United States), Siemens (Germany), ThermoFisher Scientific (United States), Emerson Electric (United States), Merck KGaA (Germany), Honeywell International Inc (United States), Shimadzu Corp. (Japan) and PerkinElmer Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Horiba (Japan), Teledyne Technologies Incorporated (United States), Spectris (United Kingdom) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Environmental Monitoring market by Type (Environmental Monitoring Sensors {Indoor and Outdoor Sensors}, Indoor Environmental Monitors { Portable and Fixed Indoor Monitor}, Out Door Environmental Monitors {Portable and Fixed Outdoor Monitor}, Environmental Monitoring Software and Wearable Environmental Monitors), Application (Air Pollution Monitoring, Water Pollution Monitoring, Soil Pollution Monitoring and Noise Pollution Monitoring) and Region.
On the basis of geography, the market of Environmental Monitoring has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Ukraine, Norway, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sampling , the sub-segment i.e. Continuous Monitoring will boost the Environmental Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Chemical Detection {Gas Detection, Pesticide Detection, VOCs Detection & Others} will boost the Environmental Monitoring market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Wireless Monitoring Systems, Sensors, and Mobile-Based Apps
Market Growth Drivers:
Rising Pollution Level, Increasing Awareness of Pollution Monitoring and Rising Government funding’s for Pollution Control and Monitoring
Challenges:
Uncertain and Inconsistent Environmental Regulations in Emerging Countries
Restraints:
High Cost Associated With Environmental Monitoring and Slow Implementation of Pollution Control System
Opportunities:
Technological Advancements and Development of Nanotechnology-Based Products
Market Leaders and their expansionary development strategies
In July 2018, Agilent Technologies (US) collaborated with the Nanyang Technological University, Singapore's (NTU Singapore's) Nanyang Environment and Water Research Institute (NEWRI) to develop an approach to testing and monitoring the US’s water supply.
In March 2019, Emerson Electric Co. (U.S.) launched the Rosemount CT4400 Continuous Gas Analyzer to reduce costs and outline the emissions precisely in environmental monitoring applications for the measurement of standard components.
According to the data published by United States environment protection agency, in 2018, about 76 million tons of pollutants were emitted into the atmosphere in the U.S. As per the data from State of Global Air Organization, the 6 countries with the highest mortality burden attributable to air pollution in 2017 were China (1.2 million), India (1.2 million), Pakistan (128,000), Indonesia (124,000), Bangladesh (123,000), and Nigeria (114,000). The ambient PM2.5 contributed to 2.9 million deaths from heart disease, stroke, lung cancer, chronic lung disease, and respiratory infections in 2017; from which India and China accounted for nearly 52% of the total global PM2.5 attributable deaths.
Key Target Audience
Investor, Provider, Research and Development, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.