The environment monitoring system market is expected to witness a CAGR of around 10% to reach ~$27 billion by 2025
Bangalore, India, July 9, 2019: With its recently published study “Global Environment Monitoring Systems Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025”, Infoholic Research forecasts that the global market for environment monitoring systems will continue to grow basis rising concerns over environment pollution, especially in countries which include China, India, Thailand, and Japan.
Pollution causes disturbance to the ecosystem and gives rise to global warming and several human diseases. Environment monitoring systems helps to assess the level of pollution in a region and redirects the government to take precautionary measures, in case the pollution exceeds a certain designated level. It also helps the government probe on areas which generates heavy pollution. Owing to this rising level of pollution, coupled with stringent government policies to counter it, there is a heavy demand for environment pollution monitoring systems. This trend is expected to continue during the forecast period 2019–2025, and the market will foresee a CAGR of around 10% to reach ~$27 billion revenue.
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North America dominates the environment monitoring system market, specifically due to growing initiatives from government and non-government agencies for curbing pollution. In Europe, air pollution is a growing concern and EU laws regarding carbon emissions are becoming more stringent every year. APAC is following suit, mainly due to growing pollution and relevant government policies to curb it.
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Air pollution and water pollution contributed a major share to the revenue of the global environment monitoring system market. Considering other pollutions, soil pollution gets considerably lesser global attention. However, this is expected to change; with more governments across the world enacting upon the soil pollution law. For instance, in August 2018, the Chinese government passed the nation’s first law dedicated to soil protection and pollution prevention.
“Environment monitoring system requires continuous monitoring, controlling, and analysis. A centralized system has to be in place to ensure these large amounts of data is promptly analyzed to give quick insights, so that corrective action can be taken. Use of IoT and AI in environmental monitoring systems can help increase the efficiency of the monitoring systems and help the government take proactive decisions.” – Arjun Das, Senior Research Analyst, Infoholic Research
Key Segments of the Report Include:
- Major Application Areas:
- Air Pollution Monitoring Devices
- Sound Pollution Monitoring Devices
- Soil Pollution Monitoring Devices
- Water Pollution Monitoring Devices
- Key Components:
- Measuring Instruments
- Operation and Maintenance including Equipment Calibration
- By Regions:
- North America
- Industry outlook: Market trends, drivers, restraints, and opportunities
Ms. Sunanda Ganguli
Infoholic Research LLP