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Environmental Monitoring Market is expected to reach $25.95 billion by 2028, at a CAGR of 7% during the forecast period of 2021 to 2028. Environmental monitoring is the systematic sampling of air, water, soil, noise, and biota to characterize and monitor the quality of the environment. Monitoring is done to prepare environmental impact assessment reports, establish environmental baselines, trends, and cumulative effects, test environmental modeling processes, educate the public about environmental conditions, and ensure compliance with environmental regulations.
With regards to the rising concerns of environmental degradation, governments and regional associations across the globe are taking measures to accelerate their investments towards becoming low carbon and building an environmentally sustainable economy. Various green investment banks (GIBs) like U.K. Green Investment Bank, Malaysian Green Technology Corporation (GreenTech Malaysia), Connecticut Green Bank, Clean Energy Finance Corporation (CEFC), and California CLEEN Center have started their investment and funding for projects having the potential to reduce greenhouse gas (GHG) emissions and maintain the environmental sustainability.
With the technological advancements, there has been increased adoption of environmental monitoring products. The use of IoT technologies and nanotechnology are providing an opportunity for the environmental monitoring market. IoT involves online monitoring of water quality, air pollutant concentrations indoors and outdoors, precipitations, and any other environmental parameter affecting people’s safety and environment. IoT sensors give accurate real-time data on various environmental parameters and improve overall environmental conditions. IoT environmental monitoring provides a simple but powerful capability to interconnect different kinds of devices and applications worldwide.
Here are the top 10 companies operating in the Environmental Monitoring Market
Honeywell International Inc. was incorporated in 1985 and headquartered at New Jersey, the U.S. The Company operates as a global manufacturer in four business segments namely aerospace, building technologies, performance materials and technologies, and safety and productivity solutions. The company provides gas monitoring related monitors & sensors under the performance materials and technologies and safety and productivity solutions business segments. In addition, the company also provides software to upgrade the monitoring systems.
The subsidiaries of the Company providing environmental monitoring systems are Elster Solutions, Honeywell Analytics GmbH, and RAE Systems. The Company has its geographic presence across Europe, North America, Latin America, Middle East, Asia Pacific, and Africa.
Teledyne Technologies Incorporated
Teledyne Technologies Incorporated was founded in 1960 and headquartered at California, the U.S. The Company provides advanced technologies and engineered systems through four business segments namely Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. The instrumentation business segment is specialized in providing environmental monitoring systems.
The subsidiaries of the Company providing environmental monitoring systems are Teledyne Analytical Instruments, Teledyne API, Teledyne Hastings Instruments, Teledyne ISCO, Teledyne Monitor Labs, Teledyne Tekmar, and Teledyne Leeman. The Company has strong geographic presence across North America, Western Europe and Northern Europe.
Testo SE & Co. KGaA was founded in 1957 and headquartered at Lenzkirch, Germany. The Company operates in the field of portable and stationary measurement technology. The Company offers instruments for the measurement and monitoring of temperature, humidity and air flow and devices for the measurement of pressure, humidity, and customized probes. The Company has its geographic presence across Europe, Africa, America, and Asia-Pacific.
HORIBA, Ltd.
HORIBA, Ltd was founded in 1945 and headquartered at Kyoto, Japan. The Company operates through five business segments namely automotive, process & environmental, medical, scientific, and semiconductor. The process & environmental business segment is specialized in providing environmental monitoring systems which include air analyzers, water analyzers, radiation monitors and software for data management.
The Company has its geographic presence across Americas, Europe, Australia and Asia-Pacific.
Danaher Corporation was founded in 1969and headquartered at Washington, D.C., the U.S. The Company designs, manufactures, and markets professional, medical, industrial and commercial products and services. The Company operates in four business segments namely Life Sciences, Diagnostics, Dental and Environmental and Applied Solutions. Environmental and Applied Solutions segment offers equipment to analyze, treat and manage the quality of ultra-pure, potable, industrial, waste, ground, source, and ocean water.
The major subsidiary of the Company operating in the global environmental business is Hach. The Company has its geographic presence across North America, Europe, Asia-Pacific, Middle East, Africa, and Latin America.
Meticulous Research in its latest publication on Environmental Monitoring Market has predicted the growth of 7% during the forecast year 2021-2028.
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. was incorporated in 2006 and headquartered at Massachusetts, the U.S. The Company operates as a global manufacturer and service provider in four business segments namely Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The Company provides products under the brands Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services worldwide. The chemical analysis business of the Analytical Instruments Segment is specialized in the manufacture of environmental monitoring and process instruments which include fixed and portable analyzers for air, water, and soil monitoring.
Thermo Scientific provides various solutions like Analytical Systems for Environmental Monitoring, Ambient Air Monitoring Equipment for Toxic Gases/Vapors, Organic Elemental Analysis, and others. The Company has its geographic presence across North America, Europe, Asia-Pacific, and Latin America.
Merck KGaA was founded in 1668 and headquartered at Darmstadt, Germany. The Company has three business segments namely healthcare, life science, and performance materials. The life science segment deals with environmental monitoring systems which include sample preparation and analysis.
The subsidiary of the Company which provides environmental testing solutions is Sigma-Aldrich, Inc. The Company has its geographic presence across Africa, Asia, Europe, Oceania, Latin America, and North America.
TE Connectivity
TE Connectivity was incorporated in 2007 and headquartered at Schaffhausen, Switzerland. The Company is engaged in manufacturing safer, sustainable, productive, and connected future. The Company operates through three business segments namely Transportation Solutions, Industrial Solutions, and Communications Solutions.
The Transportation Solutions segment is specialized in the designing and manufacturing of sensors for water-resources monitoring. The Company has its geographic presence across Europe, Middle East, Africa, Asia–Pacific, and America.
ACOEM Group was founded in 2011 and headquartered at Limonest, France. The Company operates in three business segments namely monitoring, design, and defense. The monitoring segment includes manufacturing of industrial and environmental monitoring and controlling systems to reduce pollution. The environmental monitoring systems include analyzers, samplers, monitoring systems for air, noise and sound. In addition to the devices, the Company also provides software for better and easy management of the data.
The subsidiaries of the Company providing environmental monitoring solutions are 01dB and ECOTECH. The Company has its geographic presence across Europe, North America, Latin America, Australia and South East Asia.
Shimadzu Corporation
Shimadzu Corporation was established in 1875 and headquartered at Kyoto, Japan. The Company is engaged in manufacturing physics and chemistry instruments. The Company operates infour business segments namely Analytical and Measuring Instruments, Aircraft Equipment, Industrial Machinery, and Medical Systems segment. The Analytical and Measuring Instruments segment offer a wide range of products including chromatographs, analyzers, detectors, and monitoring systems for air, water, and soil pollution.
The Company has its geographic presence across North America, South and Central America, Europe, Asia-Pacific, Oceania, Middle East, and Africa.
Popular Mention: SIEMENS AG, GENERAL ELECTRIC COMPANY, AGILENT TECHNOLOGIES, INC., and EMERSON ELECTRIC CO.
Authoritative Research on the Environmental Monitoring Market – Global Opportunity Analysis and Industry Forecast (2021-2028)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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