This market research report presents detailed segmentation of the global environmental sensing and monitoring market by application (air, soil, noise, and water). It provides a market share analysis and forecast for its key regions, including Americas, EMEA, and APAC. Key findings also include an analysis of the leading vendors such as General Dynamics, Lockheed Martin, Northrop Grumman, Raytheon, and Thales.
Technavio has released updated information on the sensing technology market, with the publication of its new report, Global environmental sensing and monitoring market. The environmental sensing and monitoring market is expected to grow at a CAGR of around 7% between 2015 and 2019, mainly driven by the augmented usage of remote sensing technologies across the globe. Remote sensing of ecological patterns is the major component of advanced technologies that are used for environmental monitoring to curb pollution and emissions from the ecosystem.
The Americas leads the environmental sensing and monitoring market globally by occupying more than 52% share in 2014, closely followed by EMEA and APAC. However, APAC is expected to be the fastest-growing region, posting a CAGR of around 8% between 2015 and 2019. The high demand for remote sensors from China and India is driving the market’s growth in this region.
Environmental sensing and monitoring market in APAC 2014-2019
Source: Technavio Research
“Increasing inclination towards green energy generation is one of the major contribution towards environmental sensing and monitoring. Environmental sensing and monitoring minimises GHG emissions by detecting harmful substances in the atmosphere. Technavio analysts predict that through such timely detections of damages to the ecosystem, end-users will be able to take better disaster management steps,” says Navin Rajendra, Lead Analyst, Energy, Technavio Research.
This report includes an in-depth analysis and market shares and sizes of the sub-segments and geography. An analysis of the key companies, including their market shares, business overview, key financials, etc. is provided in this study. There are many key drivers, challenges, and opportunities that are discussed in detail.
A more detailed analysis is available in the Technavio report, Global Environmental Sensing and Monitoring Market 2015-2019 – Market Analysis.
https://www.technavio.com/%3Cp%3E%3Cu%3E%3Cstrong%3EWe%20can%20customize%…
