Environmental Monitoring Market to Garner $29.23 Bn, Globally, by 2026 at 7.6% CAGR, Says Allied Market Research

Surge in need for better natural resource management, growing health concern and rising deaths due to rising pollution levels, and development of environment-friendly industries drive the growth of the global environmental monitoring market Air pollution monitoring segment dominated the marketThe air pollution monitoring segment held the largest share in 2018, contributing to nearly half of the global environmental monitoring market, owing to rise in the level of air pollution across the globe...

Air pollution monitoring segment dominated the market
The air pollution monitoring segment held the largest share in 2018, contributing to nearly half of the global environmental monitoring market, owing to rise in the level of air pollution across the globe. However, the noise pollution monitoring segment is expected to register the fastest CAGR of 11.1% during the forecast period, owing to the various regulation taken by the government for minimizing the noise across the global.

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Noise measurement segment to manifest fastest CAGR through 2026
The noise measurement segment is projected to portray the fastest CAGR of 8.8% through 2026, owing to rise in installation of these devices for deploying the noise control programs and helping the workplace to identify which places have noise problems. However, the particulate detection segment held the largest share in 2018, accounting for more than one-fourth of the global environmental monitoring market, due to rise in air pollution owing to harmful chemicals releases in the air by several chemical industries.

North America held the lion's share
The market across North America dominated in 2018, contributing to around two-fifths of the total revenue, owing to the stringent pollution monitoring and control regulations made by the government. However, the global environmental monitoring market across Asia-Pacific is expected to manifest the fastest CAGR of 10.2% during the forecast period, owing to rise in level of water, air, and soil pollution in developing countries such as China and India.

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Major market players

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