Market Analysis: Global Environmental Monitoring Market
Global Environmental Monitoring Market accounted to 17.6 billion in 2018 to an estimated value of USD 30.7 million in 2026, growing at a CAGR of 7.2% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Definition: Global Environmental Monitoring Market
Environmental monitoring is used for various purposes such as detect changes in temperature, humidity, smoke, airflow, or the presence of water in data centers and remote sites. These devices monitor the environment with its sensor capacity to monitor the place and provide alertness. It mainly involves the collection of one or more measurements that are used to assess the status of an environment.
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Key Market Competitors: Global Environmental Monitoring Market
Few of the major competitors currently working in the environmental monitoring market are Agilent Technologies Inc., Danaher Emerson Electric Co., General Electric Company, Honeywell International Inc., Merck KGaA, Siemens AG, TE Connectivity, Teledyne Technologies Incorporated, Thermo Fisher Scientific Inc. Environmental Sensors Inc., Raytheon Company, Lockheed Martin Corporation, Thales Group, Dürr Megtec LLC, Gracey and Associates, Ashtead Technology Ltd, ENCO LTD J. B. Cambas Ltd and among others
Competitive Analysis: Global Environmental Monitoring Market
The environmental monitoring market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of environmental monitoring market for Global, Europe, North America, Asia Pacific, South America, Middle East & Africa.
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Major Market Drivers and Restraints:
- Increasing government funding for pollution control and monitoring
- Ongoing installations of environment monitoring stations, Government Initiatives
- Technological developments
- Slow implementation of pollution control reforms
- High product costs
By product type the environmental monitoring devices market is segmented into:-
- Fixed and Portable
- Sensor and Software.
- Analog and Digital.
On the basis of sampling method the market is segmented into:-
- Active and
By Application the segmentation of the market is:-
- Particulate Matter,
On the basis of geography, environmental monitoring devices market report covers data points for 28 countries across multiple geographies such as:-
- North America &
- South America,
- Asia-Pacific, and
- Middle East & Africa.
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