Key Findings
The North America environmental monitoring market is expected to develop with a CAGR of 7.55% over the forecasted period of 2021 to 2028. The regional market’s growth is mainly ascribed to key drivers such as the introduction of environmental monitoring programs, the elevated levels of air pollution, the well-established presence of major companies, and the prevalence of government guidelines and laws promoting green technologies.
Market Insights
The North America environmental monitoring market growth assessment entails the analysis of Canada and the United States. Air pollution is considered one of the major environmental issues in Canada. In this regard, the country’s government estimates that approximately 15,300 premature deaths annually are linked to air pollution from fine particulate matter, ozone, and nitrogen dioxide.
Moreover, emissions in Canada increased by 21.4% or 129 Mt CO2 eq. from 1990 and 2019. The emissions growth in the country during this period was predominantly fueled by rising releases from transportation as well as oil and gas. Also, as per statistics, carbon dioxide emissions from cement production and fossil fuel in Canada totaled 577 million metric tons in 2019.
Health Canada further stated that air pollution costs the country $120 billion each year, nearly equating to the value of all oil and gas exports. Therefore, the abovementioned factors are set to play a vital role in driving the environmental monitoring market growth in North America during the estimated years.
Competitive Insights
Top players operating in the market include Honeywell International Inc, Agilent Technologies Incorporated, Danaher Corporation, 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