Environmental monitoring Market Trends, Industry & Size 2031

Environmental monitoring Market Trends, Industry & Size 2031

Segments - Environmental Monitoring Market by Components (Particulate Matter, Biological, Temperature, Noise, Chemical, and Moisture), Products (Services, Software, and Monitors[Indoor, Outdoor, and Portable]), End-users (Energy & Utilities, Government, Agriculture, Corporate, Healthcare, and Others), Sampling Methods (Intermittent Monitoring, Active Monitoring, Passive Monitoring, and Continuous Monitoring), Applications (Soil Pollution, Air Pollution, Noise Pollution, and Water Pollution), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Raksha
Author : Raksha Sharma
https://growthmarketreports.com/Vineet
Fact-checked by : Vineet Pandey
https://growthmarketreports.com/Shruti
Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-2844 | 4.5 Rating | 66 Reviews | 194 Pages | Format : PDF Excel PPT

Report Description


The global environmental monitoring market size was USD 15.15 Billion in 2022 and is likely to reach USD 22.51 Billion by 2031 , expanding at a CAGR of 4.5% during 2023–2031.The growth of the market is attributed to the stringent government regulations about tracking and eliminating pollution.

Environmental monitoring is technique and tools designed to detect an environment, establish environmental parameters, and characterize its quality. This is done for the purpose of accurately quantifying the impact of pollution on an environment. The results of environmental monitoring are collected, evaluated statistically, and then published in an environmental monitoring and impact assessment report.

Environmental monitoring Market Outlook

This system uses numerous forms of sensors to check the biological pollutants, temperature, particulate matter, water quality, noise level and chemical air pollutants, and inform users in case pollution levels increase. Environmental monitoring system helps users in precisely understanding the natural environment and enables them for development of measures and policies to protect environment from any adverse consequences of human activity.

The COVID-19 pandemic outbreak has brought negative impact on the market. Due to lockdown imposed by government bodies supply chain disrupted, production and implementation of environmental monitoring system was halted, and no new projects were outlined, this factors hampered the demand of environmental monitoring system. The market is expected to recover by the end of 2021 as a result of lift of social distancing norms and industries are resuming their work.

  • Rising awareness among population concerning increase in pollution level across the globe is one of the key factor driving the market growth.

  • Increasing industrialization compelled governments and organizations to deploy new environmental monitoring stations is projected to drive the market expansion during the forecast period.

  • Escalating cost of these systems acts as a major challenge that can restrict the market growth in the coming years.

  • Adopting rate of environment monitoring system is slow in emerging economies can hamper the market growth during the projected timeline.

  • Using nanotechnology in environmental monitoring solutions for detection of contaminates on scale of nanometers is projected to create significant growth opportunities for the market.

Scope of the Environmental Monitoring Market Report

The report on the global environmental monitoring market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Environmental Monitoring Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Components (Particulate Matter, Biological, Temperature, Noise, Chemical, and Moisture), Products (Services, Software, and Monitors[Indoor, Outdoor, and Portable]), End-users (Energy & Utilities, Government, Agriculture, Corporate, Healthcare, and Others), Sampling Methods (Intermittent Monitoring, Active Monitoring, Passive Monitoring, and Continuous Monitoring), and Applications (Soil Pollution, Air Pollution, Noise Pollution, and Water Pollution)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Agilent Technologies; Emerson Electric; Honeywell International Inc.; Siemens AG; Thermo Fisher Scientific, Inc.; 3M; Danaher Corp.; General Electric Company; Horiba, Ltd.; and Teledyne Technologies Inc.

Environmental Monitoring Market Segment Insights

Increasing road traffic drive the particulate matter segment

Based on components, the market is fragmented into particulate matter (PM), biological, temperature, noise, chemical, and moisture. The particulate matter segment is expected to grow at a rapid pace during the forecast period attributed to rising levels of PM size 10 micrometers and PM size 2.5 micrometers in the air. Moreover, increasing road traffic leading to rise in need for environmental monitoring, which presents a major factor driving the segment. However, the biological segment is anticipated to expand at a substantial CAGR in the coming years due to rapid industrialization and urbanization.

Environmental monitoring Market Components

Service segment is projected to expand at considerable CAGR

In terms of products, the global environmental monitoring market is divided into services, software, and monitors. The monitor segment is further segmented into indoor, outdoor, and portable. The monitor segment is expected to account for a major market share during the projected timeline attributed to high capability and flexibility to efficiently screen many environmental factors, such as noise level, water quality, and air quality. On the other hand, the service segment is projected to expand at a considerable CAGR during the forecast period owing to boost in government funding for the smart city implemented with environmental monitoring systems.

Use of indoor environment monitoring system increases the corporate segment market share

On the basis of end-users, the market is segregated into energy & utilities, government, agriculture, corporate, healthcare, and others. The corporate segment is estimated to account for a significant market share during the forecast period due to escalated use of indoor environment monitoring system for safe working conditions to employee. Furthermore, companies are also deploying environmental monitoring systems to screen and report emission data as a measure of government guidelines, which is projected to accelerate the segment growth further. However, the government segment is anticipated to grow at a high CAGR during the projected period attributed to increasing climate change and global warming as well as rising demand of population for clean environment.

Continuous monitoring segment is expected to expand at robust growth rate

In terms of sampling methods, the global environmental monitoring market is segmented into intermittent monitoring, active monitoring, passive monitoring, and continuous monitoring. The continuous monitoring segment is estimated to expand at robust growth rate during the forecast period owing to rising demand for continuous monitoring systems to track increasing pollution levels across urban and industrial centers. Additionally, strict government regulations regarding deployment of continuous environmental monitoring systems as part of the good manufacturing practice standards by the World Health Organization is major driver of the segment.

Adoption of air quality monitoring solutions drive the air pollution segment

Based on applications, the market is fragmented into soil pollution, air pollution, noise pollution, and water pollution. The air pollution segment is estimated to account for a major market share during the forecast period due to growing adoption of air quality monitoring solutions by small & medium enterprises and large enterprises as a part of stringent government regulations regarding air pollution monitoring and control. On the other hand, the water pollution segment is expected to expand at a robust CAGR in the coming years attributed to growing demand for deployment of water pollution monitoring systems to examine the quality of water in natural water bodies.

North America is anticipated to constitute a key market share

In terms of region, the global environmental monitoring market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to constitute a key share of the market during the projected period owing to rising concerns regarding environmental pollution and global warming among the population in the region. However, the Asia Pacific market is anticipated to grow at a rapid pace during the forecast period due to the increasing focus by economies in the region on deploying environmental monitoring systems to control and reduce pollution levels and improve living conditions.

Environmental monitoring Market  Region

Segments

The global environmental monitoring market has been segmented on the basis of

Components

  • Particulate Matter
  • Biological
  • Temperature
  • Noise
  • Chemical
  • Moisture

Products

  • Services
  • Software
  • Monitors
    • Indoor
    • Outdoor
    • Portable

End-users

  • Energy & Utilities
  • Government
  • Agriculture
  • Corporate
  • Healthcare
  • Others

Sampling Methods

  • Intermittent Monitoring
  • Active Monitoring
  • Passive Monitoring
  • Continuous Monitoring

Applications

  • Soil Pollution
  • Air Pollution
  • Noise Pollution
  • Water Pollution

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Agilent Technologies
  • Emerson Electric
  • Honeywell International Inc.
  • Siemens AG
  • Thermo Fisher Scientific, Inc.
  • 3M
  • Danaher Corp.
  • General Electric Company
  • Horiba, Ltd.
  • Teledyne Technologies Inc.

Competitive Landscape

Key players competing in the global environmental monitoring market are Agilent Technologies; Emerson Electric; Honeywell International Inc.; Siemens AG; Thermo Fisher Scientific, Inc.; 3M; Danaher Corp.; General Electric Company; Horiba, Ltd.; and Teledyne Technologies Inc.

Environmental monitoring Market  Keyplayers

Companies are focusing on investment in R&D for development of cost effective and portable environmental monitoring technologies for the market. Furthermore, companies are widely engaging in strategic partnership, merger & acquisition, new product launch, and collaborations to boost their market share and acquiring new buyers. For instance, in March 2021, Thermo Fisher Scientific Inc., the U.S. based supplier of scientific instruments and software services announced a launch of Thermo Scientific Orbitrap Exploris GC-MS. This device is used for numerous environmental applications, such as, the monitoring of environmental pollutants.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Environmental monitoring Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Environmental monitoring Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Environmental monitoring Market - Supply Chain
  4.5. Global Environmental monitoring Market Forecast
     4.5.1. Environmental monitoring Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Environmental monitoring Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Environmental monitoring Market Absolute $ Opportunity
5. Global Environmental monitoring Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Environmental monitoring Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Environmental monitoring Demand Share Forecast, 2019-2026
6. North America Environmental monitoring Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Environmental monitoring Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Environmental monitoring Demand Share Forecast, 2019-2026
7. Latin America Environmental monitoring Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Environmental monitoring Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Environmental monitoring Demand Share Forecast, 2019-2026
8. Europe Environmental monitoring Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Environmental monitoring Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Environmental monitoring Demand Share Forecast, 2019-2026
9. Asia Pacific Environmental monitoring Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Environmental monitoring Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Environmental monitoring Demand Share Forecast, 2019-2026
10. Middle East & Africa Environmental monitoring Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Environmental monitoring Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Environmental monitoring Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Environmental monitoring Market: Market Share Analysis
  11.2. Environmental monitoring Distributors and Customers
  11.3. Environmental monitoring Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Agilent Technologies
     11.4.2. Emerson Electric
     11.4.3. Honeywell International Inc.
     11.4.4. Siemens AG
     11.4.5. Thermo Fisher Scientific, Inc.
     11.4.6. 3M
     11.4.7. Danaher Corp.

Methodology

Our Clients

Microsoft
Nestle SA
FedEx Logistics
Siemens Healthcare
Honda Motor Co. Ltd.
General Mills
General Electric
The John Holland Group