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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Environmental Monitoring Market Trends
The demand for environmental monitoring & analysis is driven by factors such as the growing global population, implementation of policies and programs aimed at reducing pollution caused to air, soil, and water, and the increased government support for pollution prevention and control. The construction of various environmental monitoring stations, the design of environmentally friendly manufacturing environments, and the reduction of export tariffs on innovation monitoring across emerging and developed markets are the key factors expected to fuel the environmental sensor market growth.
Developing high-end nanotechnology-based environmental monitoring products, along with an ever-growing oil and gas industry, will further propel the environmental monitoring market growth. However, the excessive costs of using environmental monitoring technologies, delays in implementing pollution control legislation, and environmental innovation export barriers in emerging markets are factors that may hinder the market growth. The major market challenges faced by market players and investors are uncertainty in regulations and standards across emerging countries.
Environmental Monitoring Market Report Snapshots
Environmental Monitoring Market Size
Environmental Monitoring Market Growth
Environmental Monitoring Market Trends
Environmental Monitoring Market Share
Environmental Monitoring Companies
Environmental Monitoring Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global environmental monitoring market attained a value of nearly USD 22.71 billion.
The market is projected to grow at a CAGR of 6.30% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 39.39 billion by 2032.
Major market drivers are the growing oil and gas industry, increasing global population, implementation of laws and initiatives targeted at decreasing pollution produced by air, soil, and water, and building of various environmental monitoring stations.
Key trends aiding market expansion include the development of high-end nanotechnology-based environmental monitoring products, and the increased support of various governments for pollution prevention and control.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The product types in the market are environmental monitors, fixed environmental monitors, portable environmental monitors, environmental sensors, analogue sensors, digital sensors, and environmental monitoring software.
The various sampling methods include continuous monitoring, active monitoring, passive monitoring, and intermittent monitoring.
Based on components, the market can be divided into particulate detection, chemical detection, biological detection, temperature sensing, moisture detection, and noise measurement.
Key players in the market are Danaher Corporation, Emerson Electric Co., E.S.I. Environmental Sensors Inc., General Electric Company, Honeywell International, Inc., Agilent Technologies, Inc., TE Connectivity Ltd., and Siemens AG, among others.
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