Key Players
As of 2015, Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Honeywell International Inc. (U.S.), Siemens AG (Germany), Thermo Fisher Scientific Inc. (U.S.), TE Connectivity Ltd. (Switzerland), General Electric Company (U.S.), Emerson Electric Co. (U.S.), Teledyne Technologies Inc. (U.S.), and Merck KGaA (Germany) are some of the key players operating in the global Environmental Monitoring Market.
Market is expected to reach USD 19.56 Billion by 2021, growing at a CAGR of 7.7% during the forecast period.
Increasing government initiatives to control environmental pollution levels, increasing government funding for pollution control and monitoring, ongoing installations of environment monitoring stations, and growing initiatives for the development of environment-friendly industries are some key factors driving the growth of the global market. Furthermore, emerging markets such as Japan, China, and India offer new growth opportunities for market players.
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However, factors such as high product costs associated with environment monitoring solutions, slow implementation of pollution control reforms, and high export barriers on environmental technologies across emerging countries are restraining the market growth.
Target Audience
Environmental monitoring product manufacturing companies
Environmental monitoring software developers
Research laboratories and academic institutes
Environmental monitoring committees
National and regional pollution control boards and organizations
Oil producing and distribution companies
Mining companies
Gas operators, distributors, and regulators
The Asia-Pacific market is projected to grow at the highest CAGR of 10.0% during the forecast period. Increasing industrialization in Asia-Pacific countries (such as China and India), implementation of increasingly stringent environmental regulation policies, and the growing need to comply with various environmental safety regulations are the key factors propelling the demand for Environmental Monitoring products in emerging nations. In order to leverage the high growth opportunities in these emerging nations, leading market players are expanding their presence in these countries.
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List of Tables (75 Tables)
Table 1 Global Products Market Size, By Product, 2014
Table 2 Global Environmental Monitors Market Size, By Type, 2014
Table 3 Environmental Monitors Market Size, By Region, 2014
Table 4 Fixed Environmental Monitors Market Size, By Region, 2014
Table 5 Portable Environmental Monitors Market Size, By Region, 2014-2021 (USD Million)
Table 6 Sensors Market Size, By Region, 2014
Table 7 Software Market Size, By Region, 2014
Table 8 Global Environmental Sensors Market Size, By Architecture, 2014
Table 9 Analog Environmental Sensors Market Size, By Region, 2014
Table 10 Digital Environmental Sensors Market Size, By Region, 2014