Market Research Reports
U.S., Germany, France, and U.K. to hold largest share of environmental monitoring market and Asia-Pacific region is expected to grow at the highest CAGR to 2020.
(PRWEB) June 12, 2015
The global environmental monitoring market is expected to grow at a CAGR of 7.5% during 2015-2020 to reach a value of $20.5 billion. Although mature markets (such as the U.S., Germany, France, and U.K.) hold larger shares in the environmental monitoring market, Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The complete report available at http://www.rnrmarketresearch.com/environmental-monitoring-market-by-product-monitors-sensors-and-software-application-air-gas-water-soil-and-noise-pollution-and-by-region-global-trends-and-forecasts-to-2020-market-report.html.
The growth of the environmental monitoring market is driven by factors such as growing global population, development of policies and initiatives aimed to reduce air, soil, and water pollution, increasing government funding towards pollution prevention and control, growing construction of environmental monitoring stations, growing initiative towards the development of environment-friendly industries, and reductions in export tariffs on environmental monitoring technologies in emerging and developed markets. However, factors such as the high cost of environmental monitoring solutions, slow implementation of pollution control reforms, and high export barriers on environmental technologies in emerging markets are restraining the growth of this market. Uncertain and inconsistent regulations and standards in emerging markets are posing a significant challenge for the growth of the environmental monitoring market.
The companies profiled in environmental monitoring market research report are Agilent Technologies Inc, Danaher Corporation, Environmental Sensors Inc, Honeywell International Inc, TE Connectivity Ltd, Raytheon Company, Siemens AG, Lockheed Martin Corporation, Thales Group, and Ball Aerospace and Technologies. Order a copy of the ‘Environmental Monitoring Market’ report at http://www.rnrmarketresearch.com/contacts/purchase?rname=390604.
The environmental monitors segment is expected to account for the largest share of the global environmental monitoring products market in 2015, followed by the environmental sensors market. Factors such as growing public pressure on respective regional governments for effective pollution control and development of environment-friendly industries, rising government funding to develop large scale environmental monitoring systems, continuous public and private initiatives to reduce the threat of climate change and depletion of natural resources, and development and commercialization of innovative technologies for pollution monitoring and control are driving the growth of environmental monitors market.
Geographically, North America (comprising the U.S. and Canada) is expected to command the largest share of the global environmental monitoring market in 2015, followed by Europe. The environmental monitoring market in the North America is primarily driven by factors such as increasing government funding for the maintenance and operation of environmental monitoring technology networking, stringent regulations of the United States Environmental Protection Agency (U.S. EPA) on air quality standards, technological advancements in design and technology of environmental sensors, and growing government initiatives towards pollution prevention and control. However, inconsistent government policies with regard to the approval and use of environmental monitoring technology are limiting the growth of the digital environmental monitoring market in this region. The Asia-Pacific region is poised to grow at the highest CAGR during next five years, owing to factors such as large-scale industrialization, changing international environmental policies, and growing need to comply with various environmental safety regulations across the region.
This is a premium research report priced at US$ 4650 for single user PDF license. Inquire for discounts on this research report at http://www.rnrmarketresearch.com/contacts/discount?rname=390604.
Related Market Reports:
“Precision Farming Software & Services Market by Software (Web & Cloud-based), Services (Consulting, Maintenance & Support, & Others), Hardware (Sensors, Guidance & Steering, GPS Devices, & Others), Application, & Geography – Analysis & Forecast to 2020” is an Apr 2015 publication of 177 pages and it says the global precision farming software & services market is expected to reach $1.77 billion by 2020, at a CAGR of 15.1% from 2014 and 2020. The companies profiled in this research report are AG Leader Technology, Agjunction, CNH Industrial N.V., Deere & Company, Dickey-John Corporation, Monsanto Company, Raven Industries Inc, SST Development Group Inc, SST Development Group Inc, and Topcon Precision Agriculture. The complete report is available at http://www.rnrmarketresearch.com/precision-farming-software-services-market-by-software-web-cloud-based-services-consulting-maintenance-support-others-hardware-sensors-guidance-steering-gps-devices-others-ap-market-report.html.
“LiDAR Market by Product (Airborne, Ground-Based), Component (Laser Scanner, GPS, IMU, Others), Application (Corridor Mapping, Engineering, Environment, ADAS, Urban Planning, Exploration, Meteorology, and Others), & Geography – Global Forecast to 2020” is a March 2015 publication of 150 pages and it says the global LiDAR market is expected to rise to more than $1 billion by 2020, growing at a CAGR of 16.32% between 2014 and 2020. The companies profiled in this research report are Quantum Spatial, Faro Technology, Geodigital International Inc, Leica Geosystem AG, Optech Incorporated, Riegl Laser Measurement System, Sick AG, Topcon Positioning Systems Inc, Trimble Navigation Limited, Velodyne LiDAR Inc, and Zephir LiDAR. The complete report is available at http://www.rnrmarketresearch.com/lidar-market-by-components-ins-laser-gpsgnss-camera-mems-product-types-airborne-mobile-terrestrial-applications-corridor-mapping-forestry-mining-topographic-surveying-volumetric-mapp-market-report.html.
Explore more ‘Sensors Market’ research reports at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics/sensors.
About Us:
RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.