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Environmental Monitoring Market is Surge to reach $9.56 Billion by 2021
by poonam26 · January 11, 2019
According to a new market research report “Environmental Monitoring Market聽by Product (Monitor (Fixed, Portable), Sensor (Analog, Digital) Isaiah Johnson Youth Jersey , and Software), Sampling Method (Intermittent, Continuous, Active, Passive), Application (Particulate Matter, Air Maxx Crosby Youth Jersey , Gas, Water, Soil, Noise) – Forecast to 2021” published by MarketsandMarkets, the market is expected to reach聽USD 19.56 Billion聽by 2021, growing at a CAGR of 7.7% during the forecast period.
The report analyzes and studies the major market drivers, restraints Trayvon Mullen Youth Jersey , opportunities, and challenges in聽North America,聽Europe,聽Asia-Pacific, and the Rest of the world (RoW). Factors such as increasing number of government initiatives to control environmental pollution levels, increasing government funding for pollution control and monitoring, ongoing installations of environment monitoring stations Johnathan Abram Youth Jersey , and growing initiatives for the development of environment-friendly industries are propelling the growth of the Environmental Monitoring Market. On the basis of product, the global
Environmental Monitoring Market is divided into three major categories, namely, environmental monitors, environmental sensors, and environmental monitoring software. Environmental monitors are further categorized into fixed monitors and portable monitors.
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The environmental sensors segment is further divided on the basis of product architecture (analog sensors and digital sensors) and on basis of applications (temperature sensing, moisture detection Josh Jacobs Youth Jersey , chemical detection, biological detection, particulate detection, and noise measurement). The environmental monitoring segment is expected to command the largest share in the global Environmental Monitoring Market in 2016. This large market share can primarily be attributed to rising use of sensors for pollution monitoring, growing demand for water and air monitoring sensors in developing markets, and expansions in the installation base for environmental monitors.
On the basis of sampling methods, the global Environmental Monitoring Market is divided into four major categories Clelin Ferrell Youth Jersey , namely, intermittent monitoring, continuous monitoring, passive monitoring and active monitoring. The continuous monitoring segment is expected to command the largest share of the global Environmental Monitoring Market in 2016. This large market share can be attributed to growing emphasis on the development of environment-friendly industries and rising levels of environmental pollution across major markets.
North America聽is expected to be the largest regional segment in the global Environmental Monitoring Market in 2016, followed by聽Europe. However, the聽Asia-Pacific聽market is expected to grow at the highest CAGR from 2016 to 2021. Factors such as rapid industrialization in聽Asia-Pacific聽countries (such as聽China聽and聽India), implementation of increasingly stringent environmental regulation policies Antonio Brown Youth Jersey , and the growing need to comply with various environmental safety regulations are stimulating the growth of the Environmental Monitoring Market in the聽Asia-Pacific聽region.