Surging Pollution Levels accelerates the Global Environmental Monitoring Market Growth

According to the estimations put forth by Inkwood Research, the Global Environmental Monitoring Market is estimated to grow with a CAGR of 7.64% in terms of revenue during the forecasting period of 2021-2028.

"Browse 53 Market Data Tables and 47 Figures spread over 225 Pages, along with an in-depth TOC on the Global Environmental Monitoring Market Forecast 2021-2028."

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Environmental monitoring is characterized as the process of identifying, establishing, and analyzing metrics for environmental variables for quantifying the impact of different activities on the environment. The process enables pollution levels to be regulated, in addition to trends being recognized. Moreover, it also constitutes monitoring the quality of soils, water, air, and noise.

Surging Pollution Levels to Facilitate Market Growth

The widespread incidence of environmental pollution started with the emergence of the industrial revolution. As populations and economies have continued to augment over the years, environmental pollution observes a similar trend as well. This has led to a significant global issue that impacts ecosystems, biodiversity, and human health across the globe. As per the World Health Organization (WHO), air pollution kills an estimated 7 million individuals annually, worldwide. The data issued by the WHO also depicts that 9 out of 10 people breathe air exceeding its defined guideline limits, constituting elevated levels of pollutants, with low- and middle-income economies suffering from the highest exposures.

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Particulate Detection was the Dominating Component in 2020

Particulate detection comprises monitoring hazardous air as well as water contaminants within environmental and industrial settings. It is also used to measure PM2.5, PM1, and PM10 particles. Particulate detection helps monitor the atmosphere with high pollution and humidity levels, in addition to monitoring water pollutants. Moreover, instruments or devices such as air sampling pumps, air monitoring systems, portable and stationary air monitors, air monitor calibration kits, salinity, TDS meters, and particulate detection monitors and conductivity are utilized in particulate detection.

Asia-Pacific to be the Fastest-Growing Region over the Forecast Years

As per the United Nations Environment Programme (UNEP), while 6.5 million people die due to exposure to poor air quality, annually, 70% of air pollution-associated deaths occur in the Asia-Pacific. Increasing rates of forest fires and greenhouse gas emissions are mainly accredited to the alarming rates of air pollution in the region. In addition, the rising numbers of coal-powered stations and automobiles significantly contribute to the region's pollution levels, as well.

Numerous companies are introducing innovative environmental monitoring products to capture new markets. For instance, Honeywell International Inc launched its gas cloud imaging (GCI) system in April 2021 to provide consistent and automated monitoring for hazardous and polluting gas leaks in Europe, including methane in oil and gas, power generation, and chemical facilities across the continent. Hence, the competition is anticipated to remain high across the global environmental monitoring market.

Some of the top companies operating in the market are Siemens AG, Emerson Electric Co, 3M Company, etc.

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