QYResearch: The global environmental monitoring instrument market is expected to reach USD 4.86 Billion by 2022
More Detail: http://www.qyresearchglobal.com/goods-1176140.html QYR disclosed a new report-- Global Environmental Monitoring Instrument Market Research Report 2017. The Global Environmental Monitoring Instrument Market Research Report 2017 is a professional and in-depth study on the current state of the Environmental Monitoring Instrument market.
More Detail: http://www.qyresearchglobal.com/goods-1176140.html QYR disclosed a new report-- Global Environmental Monitoring Instrument Market Research Report 2017. The Global Environmental Monitoring Instrument Market Research Report 2017 is a professional and in-depth study on the current state of the Environmental Monitoring Instrument market.
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Environmental <strong>moni<strong>to</strong>ring</strong> <strong>instrument</strong><br />
<strong>is</strong> a series of devices <strong>to</strong> moni<strong>to</strong>r the<br />
environment. <strong>The</strong> devices are used for<br />
groundwater <strong>moni<strong>to</strong>ring</strong> and sampling,<br />
indoor air quality, industrial hygiene,<br />
wastewater sampling, confined space<br />
entry, soil screening, and more.<br />
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According <strong>to</strong> <strong>QYResearch</strong>, <strong>The</strong> <strong>global</strong> <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> <strong>instrument</strong><br />
<strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong> <strong>USD</strong> <strong>4.86</strong> <strong>Billion</strong> <strong>by</strong> <strong>2022</strong>, at a CAGR of 6.85%<br />
from 2016 <strong>to</strong> <strong>2022</strong>. A number of fac<strong>to</strong>rs such as supportive government<br />
regulations for effective <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> and control, ongoing<br />
government initiatives <strong>to</strong>wards the development of environment-friendly<br />
industries, increasing public-private funding for effective <strong>environmental</strong><br />
<strong>moni<strong>to</strong>ring</strong> r<strong>is</strong>ing <strong>global</strong> levels of <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong>, and increasing public<br />
awareness related <strong>to</strong> healthcare and the environment pollution of <strong>environmental</strong><br />
<strong>moni<strong>to</strong>ring</strong> are propelling the growth of the <strong>global</strong> <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong><br />
<strong>market</strong>. However, high product costs and technical limitations associated with<br />
<strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> products are some of the major fac<strong>to</strong>rs restraining<br />
the growth of th<strong>is</strong> <strong>market</strong>. In addition <strong>to</strong> th<strong>is</strong>, slow implementation of<br />
<strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> control reforms <strong>is</strong> a major challenge for players in<br />
th<strong>is</strong> <strong>market</strong>.<br />
On the bas<strong>is</strong> of products, the <strong>global</strong> <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> <strong>instrument</strong><br />
<strong>market</strong> <strong>is</strong> segmented in<strong>to</strong> four major categories, namely, air <strong>moni<strong>to</strong>ring</strong>, water<br />
<strong>moni<strong>to</strong>ring</strong>, soil <strong>moni<strong>to</strong>ring</strong> and no<strong>is</strong>e <strong>moni<strong>to</strong>ring</strong>, the <strong>market</strong> share of the four<br />
parts are 39.78%, 32.19%, 18.72% and 9.31%<br />
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On the bas<strong>is</strong> of geography, th<strong>is</strong> <strong>market</strong> <strong>is</strong> classified in<strong>to</strong> four regions, namely,<br />
North America, Europe, China, Asia (Excluding China), the Rest of the World.<br />
In 2016, the <strong>global</strong> <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> <strong>instrument</strong> <strong>market</strong> <strong>is</strong> estimated <strong>to</strong><br />
be dominated <strong>by</strong> North America. A number of fac<strong>to</strong>rs such as fast adoption of<br />
new advanced <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> <strong>instrument</strong> technologies, ongoing<br />
technological advancements in the field of sensors and controllers, r<strong>is</strong>ing<br />
public-private funding and investments, and presence of supporting government<br />
regulations are driving the growth of the <strong>market</strong> in the North American region.<br />
<strong>The</strong> China <strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> grow at the highest CAGR from 2016 <strong>to</strong> <strong>2022</strong>.<br />
Th<strong>is</strong> <strong>is</strong> primarily due <strong>to</strong> the large-scale industrialization, implementation of<br />
stringent <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> regulations across major Asian countries,<br />
growing government emphas<strong>is</strong> on industry compliance with safety environment<br />
regulations, and continuous government support for the development &<br />
commercialization of advanced <strong>environmental</strong> <strong>moni<strong>to</strong>ring</strong> products.<br />
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