`Environmental Monitoring Market by Product (Sensors, [Analog Sensor, Digital Sensor], Environmental Monitors [Fixed Monitors], Environmental Software), Sampling (Continuous Monitoring, Intermittent), Application (Soil Pollution Monitoring) - Forecast to 2028
The global environmental monitoring market is expected to grow at a CAGR of ~7.0% from 2021 to 2028 to reach ~$25.95 billion by 2028.
Succeeding an extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities. The growth in the environmental monitoring market is mainly attributed to increasing government funding towards environmental sustainability, developing policies and initiatives to reduce environmental pollution levels, rising installations of environmental monitoring stations, and increased adoption of environmental monitoring strategies by the public and private companies. Moreover, the use of internet of things (IoT) technology and nanotechnology offer significant growth opportunities for the growth of this market.
Based on product, the environmental sensors segment is expected to show the highest growth during the forecast period. Increasing adoption of sensors due to the ease of device handling and their advantages such as operational flexibility, versatility, small equipment size, low maintenance cost, and low space requirement are some of the key factors driving the growth in the environmental monitoring sensors market. Further, the integration of microfluidics and nanofluidic technology is propelling the segment growth.
Based on application, the air pollution monitoring segment is expected to account for the largest share in 2021. The rising levels of air pollution, growing pressure on governing bodies to put forth strict guidelines and regulations to control air pollution is supporting the growth in this segment. In addition, increasing funding and technology developments for air quality monitoring are some of the other factors driving the growth of the air quality monitoring segment.
An in-depth analysis of the geographical scenario of the environmental monitoring market provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region. North America is expected to account for the largest share of the environmental monitoring market in 2021, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The key players operating in the global environmental monitoring market are Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Merck KGaA (Germany), Agilent Technologies, Inc. (U.S.), TE Connectivity Ltd. (Switzerland), Siemens AG (Germany), Emerson Electric Co. (U.S.), Honeywell International Inc. (U.S.), Teledyne Technologies Incorporated (U.S.), Horiba, Ltd (Japan), Shimadzu Corporation (Japan), Testo SE & Co. KGaA (Germany), ACOEM Group (France), among others.
Scope of the Report:
Environmental Monitoring Market, by Product
- Environmental Monitoring Sensors, by Type
o Analog Environmental Monitoring Sensors
o Digital Environmental Monitoring Sensors
- Environmental Monitoring Sensors, by Component
o Particulate Detection
o Chemical Detection
o Pressure Detection
o Humidity/Moisture Detection
o Temperature Sensing
o Noise Measurement
o Other Components
- Environmental Monitors
o Fixed Environmental Monitors
o Portable Environmental Monitors
- Environmental Software
- Other Products
Other products comprise data loggers, spectrophotometers, detectors, analyzers, samplers, meters, and probes.
Environmental Monitoring Market, by Sampling
- Continuous Monitoring
- Intermittent Monitoring
- Passive Monitoring
- Active Monitoring
Environmental Monitoring Market, by Application
- Air Pollution Monitoring
- Water Pollution Monitoring
- Soil Pollution Monitoring
- Noise Pollution Monitoring
Environmental Monitoring Market, by Geography
- North America
o U.S.
o Canada
- Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe (RoE)
- Asia-Pacific (APAC)
o China
o Japan
o India
o Rest of APAC (RoAPAC)
- Latin America
- Middle East & Africa