Uploaded on Jun 12, 2020
Globally the Environmental monitoring market is expected to grow at the rate of more than ~10% from 2016 to 2022
Environmental Monitoring Market
Market Highlights
The global environmental monitoring market is predicted to expand at 10 % CAGR during the
assessment period (2016-2022) owing to the rising government initiatives to protect the
environment, asserts Market Research Future (MRFR). Environment monitoring refers to the
process of controlling and monitoring state of the environment after the completing industrial
functionalities and operations. It comprises technologies used to monitor water pollution, air
pollution, land contamination, waste management, and others.
With the rising initiative to protect the environment from water pollution, air pollution, and other
hazards, the environment monitoring market is likely to expand. Growing implementation of
environmental monitoring and software for industrial pollution check along with government
initiatives to develop an eco-friendly infrastructure is anticipated to foster the market growth
during the assessment period. The government is taking initiative to protect the environment from
water, air, land, and other forms of challenges. This is expected to propel the market growth over
the forecast period. Moreover, the growing application of such monitoring software for checking
industrial pollution is predicted to drive the market.
On the flip side, lack of technical expertise and difficulty in monitoring certain aspects owing to
strict government mandates are major challenges inhibiting the market growth over the review
period. Moreover, factors such as slow implementation of pollution control policies, export barriers
over environment technologies, and high cost of implementing environmental monitoring systems
are anticipated to hamper the market growth.
Segmentation:
The global environment monitoring software has been segmented on the basis of type, products,
application, end-users, and region.
By mode of type, the global environment monitoring market has been segmented into active
monitoring, continuous monitoring, intermittent monitoring, passive monitoring, and others.
By mode of products, the global environment monitoring market has been segmented into sensors,
monitors, and software.
By mode of application, the global environment monitoring market has been segmented into water
pollution monitoring, soil pollution monitoring, noise pollution monitoring, air pollution
monitoring, and others. Among these, the segment for air pollution monitoring is predicted to hold
the largest market share and is expected to maintain its dominance over the forecast period due to
the growing use of compact monitors, wireless technologies, and sensors.
By mode of end-users, the global environment monitoring market has been segmented into food &
beverage, data centers, government, medical, construction, retail, and others.
Regional Analysis:
Geographically, the environment monitoring market spans across regions namely, North America,
Europe, Asia Pacific, and Rest-of-the-World.
Among all the regions, North America is predicted to dominate the market during the forecast
period owing to the increasing government funding for implementing monitoring stations. Also, the
strict mandates of the U.S. environmental protection agency are estimated to drive the market in
this region.
Europe supports North America in generating the highest revenue by the end of the forecast period
to fulfill the rising consumer demand. The European environment agency has established economic
policies for industries, thereby expanding the market for environmental monitoring.
Asia Pacific is predicted to be the fastest region during the assessment period owing to the rising
initiatives taken by the government for the development of the environment-friendly industries in
the Asia Pacific region.
Industry News
Wageningen Environmental Research has been awarded a pilot project on citizen science, an
investigation for pesticides in apicultural products. With a total sum of 1.5 million euros, the project
will focus on the development of an internationally standardized protocol for environmental
monitoring of pesticide use with the help of honeybees.
Competitive Analysis
Some of the major players operating the global market are Emerson Electric Co. (U.S.), Agilent
Technologies Inc. (U.S.), Siemens AG (Germany), Environmental Sensors Inc. (Canada), Nidec
Corporation (Japan), Honeywell International Inc. (U.S.), General Electric Company (U.S.), Lockheed
Martin Corporation (U.S.), Danaher Corporation (U.S.), Thales Group (France), and others
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