Report overview
The global Environmental Monitoring Instrument market was valued at 359.12 Million USD in 2021 and will grow with a CAGR of 6.63% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:
Danaher
Thermo Fisher
Xylem
Focused Photonics
Siemens
Horiba
Sailhero
SDL
Environnement
Shimadzu
ABB
Infore
Sick
Endress+Hauser
EcoTech
Lihero
Landun
By Types:
Portable
Stationary
By Applications:
Air
Water
Soil
Noise
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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