London, United Kingdom, January 25, 2017 --(PR.com
)-- The world’s environmental monitoring market is expected to gain traction at a 7.7% CAGR in the years to come to exceed USD 19.5 billion by the year 2021.
Though the developed regions like Europe and North America capture the biggest share in the overall environmental monitoring market, the APAC market is likely to register the highest growth rates through 2021. Robust growth in the APAC environmental monitoring market is likely to be propelled by rapid industrialization, implementation of strict regulations and enhancing need to comply with different environmental safety regulations, amid other growth drivers.
Meanwhile, growth in the world market for environmental monitoring is fueled by rising number of favourable government initiatives to control pollution levels, rising government funding for pollution control and monitoring, new installations of environment monitoring stations and also ongoing development of environmentally-friendly industries. Moreover, emerging markets, including China, India, South Korea and Japan, are offering novel growth opportunities for the market participants.
North America calls for the biggest chunk of the overall environmental monitoring market. It is followed by Europe. This can be attributed to constantly rising government funding for the maintenance and operation of environmental monitoring stations and also strict regulations of the US Environmental Protection Agency.
A granular all-round analysis of the world’s environmental monitoring market is provided in the new topical report “Environmental Monitoring Market - by Product, Sampling Method, Application - Forecast to 2021” prepared by MarketsandMarkets. It contains updated statistics on the market performance, covers the market dynamics, reviews the key influencing factors and also presents detailed forecasts through 2021.
This report is available at https://marketpublishers.com/report/industry/other_industries/environmental-monitoring-market-by-product.html