- TechNavio analysts predict the market to grow at 20.14 percent for 2012-2016
- China followed by USA to dominate this market with 27.5 percent and 19.4 percent respectively
The Global AMSE (Air Monitoring and Sampling Equipment Market) market is experiencing huge demand from both developed and developing countries due to key drivers like stringent government regulations for air pollution control, which has led to an increase in the demand for monitoring devices from various sectors.
Majority of the market growth stems from the APAC region, followed by the Americas and the EMEA region with the APAC region contributing more than 40 percent, as the major shareholder.
Global AMSE Market by Geographical Segmentation 2012
Source –TechNavio Analysis
“The Global AMSE market is primarily driven by the Power industry. In 2012, the market generated approximately 30 percent of its revenue from this industry. The market is also experiencing huge demand from several process-manufacturing industries such as Oil and Gas, Metals, Chemicals, and Mining. In addition, several non-traditional industries such as Pharmaceutical, Food and Beverage, and Electronics are adopting AMSE at a rapid rate, which is further expected to enhance the potential of the Global AMSE market during the forecast period, states TechNavio’s senior analyst and co-author of this report.
Competition is largely among international vendors struggling to compete with local vendors in the APAC region, with the top three players Endress+Hauser AG, Thermo Fisher Scientific and TSI accounting for only 14 percent, while the rest 82-85 percent share is split among smaller players.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of drivers, challenges, and trends of this market featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in order of importance.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Air-Monitoring-and-Sampling-Equipment-Market in the Engineering industry. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information on this topic and our upcoming research on https://www.technavio.com/report/global-air-monitoring-and-sampling-equipment-market-2012-2016 please send an e-mail to enquiry@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
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