Edit Content
Bizwit-Logo-Final

Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Environmental Monitoring Market to reach USD 19.73 billion by 2028.

Global Environmental Monitoring Market Size study, by Product Type (Sensors, Monitors) by Sampling Method (Continuous Monitoring, Active Monitoring, Passive Monitoring, Intermittent Monitoring), by Component (Particulate Detection, Chemical Detection, Gas Detection, Biological Detection, VOC Detection, Others) by Application (Air Pollution Monitoring, Water Pollution Monitoring, Wastewater Monitoring, Soil Pollution Monitoring, Noise Pollution Monitoring, Surface & Groundwater Monitoring) by End-User (Government Agencies & Smart City Authorities, Enterprise, Commercial users, Residential users, Healthcare & Pharmaceutical, Industrial users, Others) and Regional Forecasts 2022-2028.

Product Code: OIRE-47449905
Publish Date: 13-06-2022
Page: 200

Global Environmental Monitoring Market is valued approximately USD 14.5 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.50% over the forecast period 2022-2028. Environmental monitoring devices are extensively employed in a variety of verticals to monitor environmental elements and maintain security and safety, including residential and commercial facilities, corporations, and government facilities. However, long-term or continuous monitoring is required to extract data and create safety alarms. Many of the above stated verticals need long-term monitoring in order to detect dangers caused by environmental changes. Companies reorganizing their operations and recovering from the COVID-19 impact are driving market growth. Rising public awareness about the health consequences of environmental pollution, as well as increased government emphasis on compliance with pollution monitoring standards, are expected to provide growth opportunities for players in the environmental monitoring market. The Ministry of Environment and Forests is primarily responsible with the execution of policies and initiatives pertaining to the conservation of the country’s natural resources, such as lakes and rivers, biodiversity, forests, and wildlife, animal welfare, and pollution prevention and reduction. The “Policy Statement for Pollution Abatement, 1992” and the “National Conservation Strategy and the Policy Statement on Environment and Development, 1992” both place an emphasis on pollution prevention/reduction and the development of cleaner technology to minimize industrial pollutants. The National Water Policy of 2002 includes rules for developing, preserving, and managing critical water resources, as well as the need for national viewpoints. However, high costs associated with environmental monitoring products impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Environmental Monitoring Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific emerged as the market leader. North America has the biggest market share in environmental monitoring, followed by Europe. The Asia Pacific market, on the other hand, is expected to develop at the fastest rate over the projected period. This is largely due to increased government financing for the creation of environmental monitoring stations, tough rules that encourage the increased usage of pollution monitoring systems, and technical breakthroughs in the field of environmental sensors.

Major market player included in this report are:
Agilent Technologies
Danaher
Thermo Fisher Scientific
Shimadzu Corporation
PerkinElmer
3M
Emerson Electric Co.
bioMérieux S.A.
Honeywell International Inc
Merck KGaA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Sensors
Monitors
By Sampling Method
Continuous Monitoring
Active Monitoring
Passive Monitoring
Intermittent Monitoring
By Component:
Particulate Detection
Chemical Detection
Gas Detection
Biological Detection
VOC Detection
Others
By Application:
Air Pollution Monitoring
Water Pollution Monitoring
Wastewater Monitoring
Soil Pollution Monitoring
Noise Pollution Monitoring
Surface & Groundwater Monitoring
By End-User:
Government Agencies & Smart City Authorities
Enterprise
Commercial users
Residential users
Healthcare & Pharmaceutical
Industrial users
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Environmental Monitoring Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

List of figures
FIG 1. Global Environmental Monitoring Market, research methodology
FIG 2. Global Environmental Monitoring Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Environmental Monitoring Market, key trends 2021
FIG 5. Global Environmental Monitoring Market, growth prospects 2022-2028
FIG 6. Global Environmental Monitoring Market, porters 5 force model
FIG 7. Global Environmental Monitoring Market, pest analysis
FIG 8. Global Environmental Monitoring Market, value chain analysis
FIG 9. Global Environmental Monitoring Market by segment, 2018 & 2028 (USD Billion)
FIG 10. Global Environmental Monitoring Market by segment, 2018 & 2028 (USD Billion)
FIG 11. Global Environmental Monitoring Market by segment, 2018 & 2028 (USD Billion)
FIG 12. Global Environmental Monitoring Market by segment, 2018 & 2028 (USD Billion)
FIG 13. Global Environmental Monitoring Market by segment, 2018 & 2028 (USD Billion)
FIG 14. Global Environmental Monitoring Market, regional snapshot 2018 & 2028
FIG 15. North America Environmental Monitoring Market 2018 & 2028 (USD Billion)
FIG 16. Europe Environmental Monitoring Market 2018 & 2028 (USD Billion)
FIG 17. Asia pacific Environmental Monitoring Market 2018 & 2028 (USD Billion)
FIG 18. Latin America Environmental Monitoring Market 2018 & 2028 (USD Billion)
FIG 19. Global Environmental Monitoring Market, company Market share analysis (2021)

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com

Checkout

Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.

Enquiry Now