Global Environmental Monitoring Market to Grow at 6.4% During 2024-2032, Impelled by the Introduction of Favorable Policies

December 20, 2021 | Technology & Media

According to the latest report by IMARC Group, titled “Environmental Monitoring Market Report by Component (Particulate Detection, Chemical Detection, Biological Detection, Temperature Sensing, Moisture Detection , Noise Measurement), Product Type (Environmental Monitoring Sensors, Environmental Monitors, Environmental Monitoring Software, Wearable Environmental Monitors), Sampling Method (Continuous Monitoring, Active Monitoring, Passive Monitoring, Intermittent Monitoring), Application (Air Pollution Monitoring, Water Pollution Monitoring, Soil Pollution Monitoring, Noise Pollution Monitoring), and Region 2024-2032,” the global environmental monitoring market reached a value of US$ 21.9 Billion in 2023. Environmental monitoring refers to a tool that is used to assess environmental trends and conditions, and support the development and implementation of favorable policies. It is also utilized for developing information that can be reported to the public, policymakers of different countries, and international forums. Environmental monitoring can be differentiated into atmosphere, water, and soil. These tools and techniques include filtration, electrostatic samples, absorption, grab sampling, sedimentation, impingers, condensation, and composite sampling. Environmental monitoring is performed by organizations to measure the overall impact of industrial activities on the environment to mitigate their adverse effects, ensure diligent compliance with regulations, and protect human life.

Global Environmental Monitoring Market Trends:

The rising awareness regarding the rapid increase in pollution levels, and degradation of natural resources has led governments of various nations and international forums to undertake several awareness programs and implement stringent regulations, which is primarily driving the demand for environmental monitoring tools across the globe. Other than this, the emergence of Industry 4.0 has prompted key players to integrate these tools and techniques with the Internet-of-Things (IoT) to get real-time alerts and data. For instance, the introduction of non-cellular and cellular communication technologies has enabled users to utilize environmental monitoring systems in remote and confined locations. This advancement is further contributing to the growth of the market. Moreover, the development of big data analytics has also enabled organizations and governments to analyze data from several environmental monitoring stations simultaneously, which is creating a positive outlook for the market. Looking forward, the market is projected to expand at a CAGR of 6.4% during 2024-2032.

Market Summary:

  • On the basis of the component, the market has been segmented into particulate detection, chemical detection, biological detection, temperature sensing, moisture detection, and noise measurement.
  • Based on the product type, the market has been segregated into environmental monitoring sensors, environmental monitors, environmental monitoring software, and wearable environmental monitors.
  • On the basis of the sampling method, the market has been divided into continuous, active, passive, and intermittent monitoring.
  • Based on the application, the market has been categorized into air, water, soil, and noise pollution monitoring.
  • On a regional basis, the market has been segmented into North America (the United States, and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and Others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and Others), Latin America (Brazil, Mexico, and Others), and Middle East and Africa.
  • The competitive landscape of the market has also been examined, with some of the key players being 3M Company, Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., General Electric, Honeywell International Inc., Horiba Ltd., Merck KGaA, Siemens AG, TE Connectivity, Teledyne Technologies Incorporated and Thermo Fisher Scientific Inc.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Component, Product Type, Sampling Method, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Company, Agilent Technologies Inc., Danaher Corporation, Emerson Electric Co., General Electric, Honeywell International Inc., Horiba Ltd., Merck KGaA, Siemens AG, TE Connectivity, Teledyne Technologies Incorporated and Thermo Fisher Scientific Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Environmental Monitoring Market to Grow at 6.4% During 2024-2032, Impelled by the Introduction of Favorable Policies
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