According to data from the QYR Research Center, it is predicted that by 2022, the global environmental monitoring instrument market will reach US$4.86 billion, and the compound annual growth rate from 2016 to 2022 will be 6.85%. The government’s supportive policies for effective environmental monitoring and control, the government’s ongoing development of environmentally friendly industries, increased public-private cooperation for effective environmental monitoring, and the continuous improvement of global environmental monitoring, public awareness of health care and environmental pollution monitoring Global environmental monitoring market development.
However, the high product costs and technical limitations associated with environmental monitoring products are some of the main factors that inhibit this market growth. In addition, slow progress in environmental monitoring and control reforms is a major challenge in this market.
Based on the product, the global environmental monitoring instrument market is divided into four categories: air monitoring, water monitoring, soil monitoring and noise monitoring. The market share is 39.78%, 32.19%, 18.72% and 9.31%, respectively.
On the basis of geography, this market is divided into four regions: North America, Europe, China, Asia (excluding China), and other regions of the world. It is expected that the global environmental monitoring instrument market will be dominated by North America in 2016. Several factors, such as the rapid adoption of new advanced environmental monitoring instrumentation technologies, continuous technological advances in the field of sensors and controllers, the ever-increasing public-private financing and investment, and the introduction of government supporting policies, have contributed to the growth of the market. North America .
It is expected that the Chinese market will have the highest compound annual growth rate from 2016 to 2022. This is mainly due to the large-scale industrialization. The major Asian countries implement strict environmental regulatory regulations. The government pays more attention to the industry's compliance with safety environmental regulations and the government continues to Support the development and commercialization of advanced environmental monitoring products.
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