Environmental monitoring instrument is a series of devices to monitor the environment. The devices are used for groundwater monitoring and sampling, indoor air quality, industrial hygiene, wastewater sampling, confined space entry, soil screening, and more.
A number of factors such as supportive government regulations for effective environmental monitoring and control, ongoing government initiatives towards the development of environment-friendly industries, increasing public-private funding for effective environmental monitoring rising global levels of environmental monitoring, and increasing public awareness related to healthcare and the environment pollution of environmental monitoring are propelling the growth of the global environmental monitoring market. However, high product costs and technical limitations associated with environmental monitoring products are some of the major factors restraining the growth of this market. In addition to this, slow implementation of environmental monitoring control reforms is a major challenge for players in this market.
On the basis of products, the global environmental monitoring instrument market is segmented into four major categories, namely, air monitoring, water monitoring, soil monitoring and noise monitoring, the market share of the four parts are 39.78%, 32.19%, 18.72% and 9.31%
On the basis of geography, this market is classified into four regions, namely, North America, Europe, China, Asia (Excluding China), the Rest of the World. In 2016, the global environmental monitoring instrument market is estimated to be dominated by North America. A number of factors such as fast adoption of new advanced environmental monitoring instrument technologies, ongoing technological advancements in the field of sensors and controllers, rising public-private funding and investments, and presence of supporting government regulations are driving the growth of the market in the North American region. The China market is expected to grow at the highest CAGR from 2016 to 2022. This is primarily due to the large-scale industrialization, implementation of stringent environmental monitoring regulations across major Asian countries, growing government emphasis on industry compliance with safety environment regulations, and continuous government support for the development & commercialization of advanced environmental monitoring products.
The Environmental Monitoring Instrument market was valued at 3510 Million US$ in 2018 and is projected to reach 5820 Million US$ by 2025, at a CAGR of 6.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Environmental Monitoring Instrument.
This report presents the worldwide Environmental Monitoring Instrument market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Environmental Monitoring Instrument Breakdown Data by Type
Environmental Monitoring Instrument Breakdown Data by Application
Environmental Monitoring Instrument Production by Region
Environmental Monitoring Instrument Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Environmental Monitoring Instrument status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Environmental Monitoring Instrument manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Environmental Monitoring Instrument :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Environmental Monitoring Instrument market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.