Key Findings
The Asia-Pacific environmental monitoring market is set to progress with a CAGR of 7.82% over the forecast period of 2021 to 2028. Some of the key factors strengthening the market growth of the region include the rising greenhouse gas emissions and forest fires, the growing concentration of fine particulate matter (PM2.5) as well as particulate matter (PM10), and the increasing rates of air pollution-associated fatalities.
Market Insights
The Asia-Pacific environmental monitoring market growth assessment includes the analysis of Singapore, Japan, India, South Korea, China, Malaysia, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific. Worsening air pollution has continued to remain one of the most pressing problems in India over the years. Besides, in 2019, air pollution led to approximately 18% of all casualties in the country. The phenomenon resulted in economic losses of nearly 1.4% of India’s gross domestic product (GDP), as well. Furthermore, per IQAir, India ranked third among all countries across the world in terms of the worst air quality in 2020.
On the other hand, South Korea has become a leading source of air pollution, with construction equipment, diesel automobiles, power plants, as well as heating and cooling, further adding to the problem. Moreover, on account of the rapid rise of industrialization in the country, water challenges, including quality degradation and shortages, have been serious issues plaguing South Korea since the 1990s. Therefore, these factors are anticipated to reinforce the Asia-Pacific environmental monitoring market growth during the forecasting years.
Competitive Insights
The top firms operating in the market are HORIBA Ltd, Shimadzu Corporation, Forbes Marshall, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments