Global Environmental monitoring market, by Product (Mobile Device, Smart card, E-readers), by End-User (Automotive, Consumer Electronics, Retail, Medical), by Technology (Electrophoretic Display, Electrowetting Display, IMOD) – Forecast 2022
Market Synopsis of Environmental monitoring market:
Environmental monitoring is the process of monitoring & controlling state of the environment after completing the industrial operations and functionalities. The purpose of Environmental monitoring is to assess the progress of mandate environmental objectives and to help in detecting rising environmental issues. It consist of technologies used to monitor air pollution, water pollution, land contamination, and waste management, and other environmental issues. It is an essential process to protect the sensitive environment from the growing world population & associated demands.
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Environmental monitoring generates essential information for federal government to assess the current state of the environment and to develop effective strategies for adapting the environmental change. The major factors driving the growth of Environmental monitoring market are growing government initiatives to protect environment from air pollution, water pollution and other kind of hazards. Other factors such as rising implementation of Environmental monitoring and software for industrial pollution check, and growing government initiatives in developing environment friendly infrastructure is expected to propel the environmental monitoring market growth. However, lack of technical expertise, difficulty in monitoring certain aspects due to stringent low of a country’s government are some of the challenges affecting the market.
The factors such as export barriers over environment technologies, slow implementation of pollution control policies and regulations and the high cost of including environmental monitoring systems is expected to restrain the growth of environmental monitoring market.
Globally the Environmental monitoring market is expected to grow at the rate of more than ~10% from 2016 to 2022.
Study Objective of Environmental Monitoring Market:
- To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global environmental monitoring market.
- To provide insights about factors affecting the market growth.
- To analyze the environmental monitoring market based on various factors- porters five force analysis, mega trend analysis, macroeconomic indicators etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by types, by products, by application, end-users and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Environmental Monitoring Market.
Key Players for Environmental Monitoring Market:
Some of the major players in Global Environmental monitoring market includes Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Environmental Sensors Inc. (Canada), Emerson Electric Co. (U.S.), Siemens AG (Germany), Nidec Corporation (Japan), General Electric Company (U.S.), Thales Group (France), Lockheed Martin Corporation (U.S.), Honeywell International, Inc. (U.S.) and others.
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Segments for Environmental Monitoring Market:
Global Environmental monitoring market can be segmented as follows:
Segmentation by Types: Intermittent Monitoring, Continuous Monitoring, Passive Monitoring, Active Monitoring and Others.
Segmentation by Products: Monitors, Sensors, And Software.
Segmentation by Applications: Air Pollution Monitoring, Water Pollution Monitoring, Soil Pollution Monitoring And Noise Pollution Monitoring and Others.
Segmentation by End-Users: Medical, Food & Beverage, Construction, Data Centers, Retail, Government, And, Others.
Regional Analysis of Environmental monitoring market:
North America is expected to dominate the Environmental monitoring market during the forecast period 2016-2022. Rising government funding for the implementing environmental monitoring stations and stringent rules & regulations of U.S. environmental protection agency is expected to drive Environmental monitoring market in North America region. Europe is considered to support North America in generating highest revenue for Environmental monitoring market by the end of forecast period 2022 as industrial growth to fulfill the rising consumer demand is creating need to monitor the quality of the environment. To protect environment healthiness, European environment agency (EEN) has established & mandate economic policies for industries thereby increasing the market of environmental monitor devices in the region. Furthermore, Asia-Pacific is expected to be the fastest growing region in Environmental monitoring market during the forecast period 2016-2022 due to rising initiatives by government for the development of environment friendly industries in the region.
Target Audience of Environmental monitoring market:
- Environmental monitoring device manufacturers
- Environmental monitoring software developers
- National & international environment protection agencies
- Research & consultancy
- End-user sectors
- Technology investors
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