Environmental Monitoring Market worth $17.1 billion by 2025

According to the new market research report“Environmental Monitoring Marketby Product (Indoor, Outdoor Monitors [Fixed, Portable], Sensors, Wearables), Component (Particulate, Gas, Temperature, Noise), Sampling Method (Continuous, Active), Application (Air, Water, Soil, Noise) – Global Forecast to 2025″,published by MarketsandMarkets,theEnvironmental Monitoring Marketis estimated to beUSD 14.0 billionin 2020 and projected to reachUSD 17.1 billionby 2025, at a CAGR of 4.1%.

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The adoption of environmental monitoring products and related software platforms is growing across major regions such asNorth America,Europe,Asia Pacific,Latin America, and theMiddle East&Africa. This can majorly be attributed to rising pollution levels, a favorable regulatory scenario, the development of environment-friendly industries, increasing awareness on pollution monitoring, and the expansion of pollution monitoring infrastructure across emerging markets.

environmental-monitoring-market

The Environmental Monitoring Market includes major tier I and II suppliers like Agilent Technologies, Danaher Corporation, Thermo Fisher Scientific, Shimadzu, and PerkinElmer. These suppliers have their manufacturing facilities spread across various countries across theAsia Pacific,Europe,North America,South America, and the RoW. COVID-19 has impacted their businesses as well. Multiple manufacturing facilities of players have shut down due to COVID-19. Industry experts believe that COVID-19 will have a short-term negative effect on market growth; however, this is expected to stabilize by 2020-end.

Browsein-depth TOC on“Environmental Monitoring Market“

386 – Tables
37 – Figures
322 – Pages

The air pollution monitoring segment is expected to account for the largest share of the market, by application, in 2020

Based on the application, the market is segmented into air, water, soil, and noise pollution monitoring. The air pollution monitoring segment accounted for the largest share of the Environmental Monitoring Market in 2019, due to the rising levels of air pollution across key markets, growing acceptance and market demand for sensor-based air quality monitoring systems, and increasing health concerns.

The chemical detection segment is expected to register the highest growth rate in the market, by component

Based on the component, the Environmental Monitoring Market is segmented into temperature sensing, moisture detection, biological detection, chemical detection, particulate detection, and noise measurement. The chemical detection segment is projected to grow at the highest CAGR owing to the rising levels of chemical air pollutants, increasing demand for pesticide detection sensors, and the implementation of stringent pollution monitoring and control regulations.

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North Americadominated the global Environmental Monitoring Market in 2019

North Americaaccounted for the largest share of the market in 2019. The dominant position of this region is due to an increase in government funding for the establishment of environmental monitoring stations and the US EPA’s stringent regulations that support the greater adoption of pollution monitoring technologies. Additionally, technological advancements in the field of environmental sensors and growing government initiatives in the area of pollution control will further augment market growth.

Agilent Technologies (US), Danaher Corporation (US), Thermo Fisher Scientific (US), Shimadzu (Japan), and PerkinElmer Corporation (US) are the major companies in this market. Others include General Electric (US), Honeywell International Inc (US), Horiba (Japan), Merck KGaA (Germany), and Siemens (Germany).

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