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Future of the Global Environmental Monitoring Market: Trends, Innovations, and Key Forecasts Through 2034
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Environmental Monitoring Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, there has been significant growth in the environmental monitoring market. This market is projected to expand from $17.52 billion in 2024 to $18.68 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.6%. Factors such as regulatory compliance, innovative monitoring solutions, industrialization and urbanization, increased public awareness and concerns, and environmental incidents and disasters have contributed to the growth experienced in the historic period.
Environmental Monitoring Market Size Forecast: What's the Projected Valuation by 2029?
The market size for environmental monitoring is anticipated to experience substantial growth in the coming years. It's predicted to achieve $23.15 billion in 2029, with a compound annual growth rate (CAGR) of 5.5%. The increase in the prediction period can be credited to advancements in the science of sensors, incorporation with IoT and artificial intelligence, the rise of new environmental regulations, expansion in smart city projects, and an escalated adoption of remote sensing technologies. The forecast period will see trends like the widespread integration of IoT, the emergence of AI-driven analytics, an increased focus on monitoring air quality, the urgency on managing water quality, and the combination of satellite and remote sensing data.
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What Are the Drivers Transforming the Environmental Monitoring Market?
The escalating issue of air pollution is predicted to stimulate the expansion of the environmental monitoring market in the future. Air pollution involves the existence of harmful or exceedingly high levels of substances in the Earth's atmosphere, carrying threats to human health, the surrounding environment, and the overall standard of living. The rise in air pollution is linked to increasing pollutant emissions from industrial operations, vehicle emissions, and other human-related sources. Environmental monitoring plays a crucial role in tracking the variations and trends in air pollution over time, pinpointing pollution sources, inspecting conformity with regulatory norms, and assisting in shaping policies to protect public health and the environmental system from the harmful consequences of air pollution. For instance, the Government of New South Wales, an Australian governing body, reported in February 2024 that the state recorded a surge in particle pollution, with particulate matter (PM10 and PM2.5) climbing by around 30% in 2023 in comparison to the preceding year. Additionally, the World Health Organization, a Switzerland-based intergovernmental organization, noted in February 2024 that approximately 7 million premature deaths happen yearly owing to the link between ambient air pollution and household air pollution. Consequently, the growing level of air pollution is fuelling the expansion of the environmental monitoring market.
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What Long-Term Trends Will Define the Future of the Environmental Monitoring Market?
Leading businesses in the environmental monitoring market are creating cutting-edge solutions like ASIO environmental monitoring systems to claim a competitive advantage. The term ASIO environmental monitoring systems pertains to a comprehensive assembly of sensors, devices, and methodologies intended to evaluate and monitor several environmental indices like air and water quality, soil status, climatic trends, and biodiversity. For example, in June 2023, BIRD Aerosystems, a defense technology and solutions firm based out of Israel, introduced the ASIO environmental monitoring system. This futuristic solution specializes in identifying and countering marine pollution, especially oil spills. This revolutionary system incorporates sophisticated technology like the SEA EYE sensor and provides immediate identification and classification of oil and organic compounds on the water surface. This facilitates quick remedial and preventive measures. The ASIO system, equipped with AI functionalities and predictive mechanisms, empowers authorities to efficiently manage environmental emergencies, thereby reducing ecological and monetary damages and ensuring prompt cleanup activities.
Which Segments in the Environmental Monitoring Market Offer the Most Profit Potential?
The environmental monitoringmarket covered in this report is segmented -
1) By Component: Particulate Detection, Chemical Detection, Biological Detection, Temperature Sensing, Moisture Detection, Noise Measurement
2) By Sampling Method: Continuous Monitoring, Active Monitoring, Passive Monitoring, Intermittent Monitoring
3) By Application: Air Pollution, Water Pollution, Soil Pollution, Noise Pollution
4) By End-User: Government, Consumer Electronics, Retail, Medical
Subsegments:
1) By Particulate Detection: PM2.5 Detection, PM10 Detection, Dust Detection
2) By Chemical Detection: Gas Detection (CO2, CO, VOCs), Hazardous Chemical Detection, Air Quality Sensors
3) By Biological Detection: Pathogen Detection, Bioterrorism Agent Detection, Microbial Contamination Sensors
4) By Temperature Sensing: Ambient Temperature Sensors, High-Temperature Sensors, Infrared Temperature Sensors
5) By Moisture Detection: Humidity Sensors, Water Leak Detection, Soil Moisture Sensors
6) By Noise Measurement: Sound Level Meters, Acoustic Monitoring Sensors, Noise Pollution Monitoring Systems
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Which Firms Dominate the Environmental Monitoring Market by Market Share and Revenue in 2025?
Major companies operating in the environmental monitoring market are Siemens AG, Raytheon Technologies Corporation, Lockheed Martin Corporation, General Electric Company, Thermo Fisher Scientific Inc., Honeywell International Inc., 3M Company, Danaher Corporation, Merck KGaA, Texas Instruments Inc., Thales Group, Nidec Corporation, TE Connectivity Ltd., Emerson Electric Co., Agilent Technologies Inc., Teledyne Technologies Incorporated, AMS AG, bioMérieux SA, Shimadzu Corporation, PerkinElmer Inc., HORIBA Ltd., Spectris plc, Forbes Marshall, Raritan Inc., Powelectncs Limited, Environmental Sensors Inc.
Which Regions Offer the Highest Growth Potential in the Environmental Monitoring Market?
North America was the largest region in the environmental monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the environmental monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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