The global environmental monitoring market is expected to reach USD 19.56 Billion by 2021, growing at a CAGR of 7.7% during the forecast period.
Factors such as 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 driving the growth of the global market. 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 some of the major factors restraining the growth of this market. In addition to this, uncertain and inconsistent environmental regulations across emerging countries are challenging the growth of this market.
New product launches and product enhancements are the key growth strategies adopted by major players to develop their positions in the global market. Moreover, strategies such as strategic acquisitions, geographic expansions, and collaborations were also adopted by a significant number of market players to strengthen their product portfolios and expand their geographic presence in the market.
Agilent Technologies, Inc.
Emerson Electric Co.
General Electric Company
Honeywell International, Inc.
TE Connectivity Ltd.
Teledyne Technologies Incorporated
Thermo Fisher Scientific Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Environmental Monitoring Market, By Product
8 Environmental Sensors Market
9 Environmental Monitoring Market, By Sampling Method
10 Environmental Monitoring Market, By Application