Global Environmental Monitoring Market: Significant Growth of Various Industries Mounting the Adoption Rate for Environmental Monitoring

Environmental Monitoring Market

Environmental monitoring is a field of research dealing with the analysis of environmental components like soil, water, plants, air among various others. These technologies help in attaining significant insights by gathering the samples and analyzing them on different testing models. This monitoring technology helps in gathering the information regarding the contaminants present throughout the sample, which subsequently helps in analyzing the environment/source of the sample along with its surroundings. These processes help maintain a more sustainable mode of growth for the world as the environment can be easily monitored and protective measures can be taken whenever required to reduce the levels of contamination in environment.

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The main factors boosting the Global Environmental Monitoring Market are:

  • Increasing government funding for pollution control and monitoring: With the world economies marching towards industrial growth, there has been a rising level of pollutants emitting from these particular industry verticals. This growth trend is expected to directly result in an impact on the levels of pollution worldwide resulting in various authorities taking drastic measures to counter these production policies. These measures include constant and consistent monitoring of the environment around the areas of these industrial establishments so that they can provide the correct information to different organizations to ensure that they take different methods of production for reducing the levels of contamination in the environment. If not, the authorities can issue fines to ensure that all of the regulations are rules are being followed appropriately
  • Ongoing installations of environment monitoring stations: To cater to the strategies outlined by the authorities of different regions, organizations along with the authorities have initiated the establishment process of components and products for the monitoring of environment at strategic locations. These components are being monitored from a centralized station which are also being established on an expanded pace to cater to the demands for monitoring needs

The market is segmented on the basis of sampling as intermittent, continuous, active, passive; product type as monitor, sensor, software; application as air, gas, water, soil, noise, particulate matter; end-user as medical, food & beverage, construction, data centers, retail, government, other.

Some of the Global Environmental Monitoring Market developments are as follows:

  • In July 2019, ACOEM Group announced that they had acquired Air Monitors Ltd helping enhance their presence and distribution capabilities throughout United Kingdom. This acquisition will help ACOEM Group in establishing a worldwide presence for their environmental monitoring capabilities and has initiated the strategy of maintaining a global presence for delivering environmental monitoring capabilities
  • In December 2017, Thermo Fisher Scientific Inc. announced that they had completed the acquisition of EPTEK Technology Co. LTD including all of the related assets and infrastructure of the company. The assets and technologies available with the company will be included in Thermo Fisher’s “Analytical Instruments” business operations. This acquisition will enhance the levels of expertise and capabilities of Thermo Fisher Scientific’s environmental monitoring

“According to Data Bridge Market Research, global environmental monitoring market is expected to be growing at a substantial CAGR of 7.2% during the forecast period of 2019 to 2026”

Some of the major players operating in the 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.

Currently, with the growth being experienced by the chemicals & petrochemicals, natural gas and power generation verticals there is a renewed need for having a potentially safe environment free from different pollutants. Due to the significant volume of VOC’s and harmful emissions generated from these specific industries there has been a rising prevalence of adoption for environmental monitoring products and solutions.

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