Over the past few years, people has been witnessing the deterioration of air, soil, and water quality levels, climate changes, pollution, environmental degradation, and resource depletion across the globe owing to the rapid growth of global population, increased industrial development, and extensive agricultural activities. Though people are cognizant of these realities, only a few people might acknowledge the line of attack to monitor these environmental issues. To tackle diverse pollution issues and detect changes in environment, the widely-used tool across the world is environmental sensors and monitoring systems.
Environmental sensing and monitoring technologies are essentially used in forest fire detection, air pollution monitoring, greenhouse gas (GHG) monitoring, and landslide detection. The adoption of these systems has widely increased across the world for diverse applications over the last decade. The advent of technologies and invention of new techniques has led to rapid growth in the global environment monitoring and sensing market. Technavio analysts forecast the market to reach above $20 billion at a CAGR of 5 plus percent over the period from 2017 to 2021.
Prevention of Pollution – Growth drivers in Global Environment Monitoring and Sensing Market
The high demand for sophisticated functionalities in electronic devices intensifies the long-standing imperative for technology advancement in environment monitoring and sensing market. Miniaturization of sensors and sensor components is one of the most significant design-related technological advances resulting essentially in the miniature cryogenic compressor, which is a component of environmental sensors. These advances in technology has led to an increased demand and growth in the global environment monitoring and sensing market.
Over the past few years, the resources that are being used such as burning of fossil fuels, water consumption, and waste water generation has increased rapidly owing to the continues growth of urban population. This extreme usage translates to the increased pollution levels, especially in water and air, thus creating a harmful environment.
The increased implementation of pollution control programs by regulatory authorities and stringent regulations by governments in major countries across the world to tackle the negative environmental effects of emissions has led to an advantageous situation for vendors in the global environment monitoring and sensing market in terms of market growth.
Floods, droughts, typhoons, and forest fires drastically affects the quality of water at source including chemical composition and physical state of water. Similarly, the natural disasters such as volcanoes, eruptions, tsunamis can cause large quantities of sulfur to be deposited on soil and it also leads to debris accumulation, resulting in soil pollution.
Prominent Players in the Global Environment Monitoring and Sensing Market
- Areoqual
- General Electric Water & Process Technologies
- HORIBA
- In-Situ
- Thermo Fisher Scientific
Technavio’s Advantageous Solutions
Technavio, the premier market research company has put together a comprehensive market research study to provide detailed insights on the market to firms in the associated industry. The report contains a comprehensive analysis of key trends, challenges, vendors and other aspects to help firms in the Global Environment Monitoring and Sensing Market.
