The Global Environmental Monitoring Market to Amount to $33046.48 Million by 2028

As per Triton’s research report, the global environmental monitoring market, which generated $17814.73 million in 2020, is likely to chart 8.03% of CAGR by the year 2028.

A recent study by Triton Market Research titled ‘Global Environmental Monitoring Market,’ covers the Global Analysis and Forecasts By Application (Chemical Detection, Biological Detection, Moisture Detection, Temperature Sensing, Noise Measurement, Particulate Detection), By Pollution Type (Water, Soil, Air, Noise), By Component (Environmental Monitoring Software, Environmental Wearables, Environmental Monitoring Sensors, Environmental Monitors), and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

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The report estimates the global environmental monitoring market to exhibit a CAGR of 8.03% during the forecasting years 2021-2028, garnering a revenue worth $33046.48 million by 2028.

Many communities, as well as local governments, have begun to implement green infrastructure to meet a wide range of environmental and economic objectives. These include climate change resilience and green infrastructure solutions implementation. Therefore, green infrastructure expansions are aiding the development of the environmental monitoring market.

However, environmental monitoring sensors can be outdated within 2 to 3 years in any case.
Besides, they are also very expensive. These factors act as a major hindrance to market growth.
The market for environmental monitoring is segmented into application, pollution type, and component. Based on application, it is divided into chemical detection, biological detection, moisture detection, temperature sensing, noise measurement, and particulate detection.

Whereas, based on pollution type, it is categorized into water, soil, air, and noise. Lastly, based on component, it is segmented into environmental monitoring software, environmental wearables, environmental monitoring sensors, and environmental monitors.

North America is currently leading the global market, and is expected to continue to its lead over the forecasted period. At the regional level, the United States is expected to showcase the fastest growth. The nation is home to companies like Honeywell International Inc, Agilent Technologies Incorporated, Danaher Corporation, PerkinElmer Inc, and General Electric Company.
This is a major factor driving the market’s growth in North America. Also, several environmental agencies carry out environmental monitoring programs across the region, which further aids the development of the environmental monitoring market.

Aeroqual, Siemens AG, 3M, Merck KgaA, Thermofisher Scientific Inc, Horiba Ltd, Shimadzu Corporation, Teledyne Technologies Incorporated, Forbes Marshall, Agilent Technologies Inc, Honeywell International Inc, Emerson Electric Co, General Electric Company, PerkinElmer Inc, and Danaher Corporation are the well-known players in the environmental monitoring market.

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Question & Answer: Environmental Monitoring Market

Question 1: What is aiding the development of the environmental monitoring market?
Answer: Many communities, as well as local governments, have begun to implement green infrastructure to meet a wide range of environmental and economic objectives. These include climate change resilience and green infrastructure solutions implementation. Therefore, green infrastructure expansions are aiding the development of the environmental monitoring market.

Question 2: What factors act as a major hindrance to market growth?
Answer: Environmental monitoring sensors can be outdated within 2 to 3 years in any case. Besides, they are also very expensive. These factors act as a major hindrance to market growth.

Question 3: Which region is expected to lead the global market over the forecasted period?
Answer: North America is currently leading the global market, and is expected to continue to its lead over the forecasted period. At the regional level, the United States is expected to showcase the fastest growth. The nation is home to companies like Honeywell International Inc, Agilent Technologies Incorporated, Danaher Corporation, PerkinElmer Inc, and General Electric Company. This is a major factor driving the market’s growth in North America. Also, several environmental agencies carry out environmental monitoring programs across the region, which further aids the development of the environmental monitoring market.

Question 4: Which are the well-known players in the environmental monitoring market?
Answer: Aeroqual, Siemens AG, 3M, Merck KgaA, Thermofisher Scientific Inc, Horiba Ltd, Shimadzu Corporation, Teledyne Technologies Incorporated, Forbes Marshall, Agilent Technologies Inc, Honeywell International Inc, Emerson Electric Co, General Electric Company, PerkinElmer Inc, and Danaher Corporation are the well-known players in the environmental monitoring market.

Related Report:

Global Water Quality Monitoring Market

The global water quality monitoring market is set to grow in the forecasting years from 2019 to 2027, generating $5125.89 million in revenue by 2027, while charting a CAGR of 6.01%.

Water quality monitoring is the process of collecting and analyzing data related to the measured parameters. It is a measure of the characteristics of a water body with respect to ecological conditions and human health.

Pollutants released in water bodies through sewage and industrial waste degrade the quality of water. Considering the rising levels of water pollution, the consumption of safe water is ensured with the installation of water quality monitoring systems that use advanced monitoring and analyzing technologies to detect numerous parameters and impurities present in the liquid.

The upsurge in industrial waste that affects the water quality is thus driving the adoption of these systems.

However, the high cost of water quality monitoring systems is hampering the development of the industry.

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