Global Environmental Monitoring Market, Market by Component, Pollution Type, Application, and Regional Outlook | Forecast 2021-2028

London, UK -- (SBWire) -- 03/22/2022 --A recent study by Triton Market Research titled 'Global Environmental Monitoring Market,' covers the Global Analysis and Forecasts By Component (Environmental Wearables, Environmental Monitoring Software, Environmental Monitoring Sensors, Environmental Monitors), By Pollution Type (Noise, Air, Water, Soil), By Application (Particulate Detection, Temperature Sensing, Moisture Detection, Noise Measurement, Biological Detection, Chemical Detection), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).

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Triton's report predicts the global environmental monitoring market to chart a CAGR of 8.03% during the forecast years 2021-2028, and generate a revenue of $33046.48 million by the year 2028.

With the growth in economies and populations, globally, over the years, environmental pollution has also risen significantly. This has evolved into a major issue, that continues to impact ecosystems, biodiversity, and human health all over the world. Environmental monitoring minimizes and manages the impact of pollution-causing activities on an environment. That is why the rise in pollution levels is also influencing the development of the environmental monitoring market.

However, environmental monitoring sensors are expensive, and because of this, the systems that are lost, stolen, or destroyed, are difficult to replace. Moreover, though low-cost monitoring systems are available in the market, they generally do not have the same efficiency and life span as the more expensive setups. These factors are majorly impeding the growth of the market studied.

The market for environmental monitoring is segmented mainly into component, pollution type, and application. According to component, it is segmented into environmental wearables, environmental monitoring software, environmental monitoring sensors, and environmental monitors.

Whereas, according to pollution type, the industry is categorized into noise, air, water, and soil. And lastly, as per application, it is classified into particulate detection, temperature sensing, moisture detection, noise measurement, biological detection, and chemical detection.

The market in North America is presently the largest in the world, and is expected to maintain its leading position until the end of the forecasted period. According to the United Nations' Environment Programme, in the United States, more than 140 million people live in municipalities with high levels of air pollution.

Whereas, nearly 6,500 people in Canada die every year due to poor air quality. The rising pollution levels in North America are thus propelling the demand for environmental monitoring devices. This is fostering the market growth in the region. Further, government laws that promote green technologies are also contributing to the growth of the market.

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

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Question & Answer: Environmental Monitoring Market

Question 1: What factor is influencing the development of the environmental monitoring market?

Answer: With the growth in economies and populations, globally, over the years, environmental pollution has also risen significantly. This has evolved into a major issue, that continues to impact ecosystems, biodiversity, and human health all over the world. Environmental monitoring minimizes and manages the impact of pollution-causing activities on an environment. That is why the rise in pollution levels is also influencing the development of the environmental monitoring market.

Question 2: What factors are majorly impeding the growth of the market studied?

Answer: Environmental monitoring sensors are expensive, and because of this, the systems that are lost, stolen, or destroyed, are difficult to replace. Moreover, though low-cost monitoring systems are available in the market, they generally do not have the same efficiency and life span as the more expensive setups. These factors are majorly impeding the growth of the market studied.

Question 3: How is North America influencing the growth of the environmental monitoring market?

Answer: The market in North America is presently the largest in the world, and is expected to maintain its leading position until the end of the forecasted period. According to the United Nations' Environment Programme, in the United States, more than 140 million people live in municipalities with high levels of air pollution.

Whereas, nearly 6,500 people in Canada die every year due to poor air quality. The rising pollution levels in North America are thus propelling the demand for environmental monitoring devices. This is fostering the market growth in the region. Further, government laws that promote green technologies are also contributing to the growth of the market.

Question 4: Which are the established players in the environmental monitoring market?

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

Related Report:

Global Water Quality Monitoring Market

The global water quality monitoring market is set to exhibit growth in the forecasting years from 2019 to 2027. It is expected to grow at a CAGR of 6.01%, generating $5125.89 million by 2027 in terms of revenue.

Water quality monitoring systems are used for sampling and analyzing the quality of water to ensure the efficient operation of various industries like food & beverage, life sciences, and pharmaceuticals. A water quality monitoring system comprises a pH sensor, temperature sensor, turbidity sensor, DO sensor, and others.
Chemicals, nitrates, and heavy metals released into water bodies cause pollution. When consumed, it leads to various waterborne diseases. This has led to a rise in the popularity of sensors, and their significant adoption can be seen among commercial as well as residential end-users. This is driving the growth of the water quality monitoring systems market.

However, unawareness regarding water quality, along with other development challenges like health and environmental degradation, are restraining the development of the industry.