China Environmental Monitoring Industry Embraces Great Opportunity Under Economic Recession, Says Frost & Sullivan
~ Taking a look back at
Environmental monitoring is becoming an increasingly important sector of environmental protection industry as Chinese government pays more attention to emission control and reduction. It mainly involves environmental quality monitoring, pollution source monitoring, and emergency monitoring on various objects such as air, water quality, soil, noise, acid rain, radiation, light, etc. A four-level environmental monitoring system has already been established in
Environmental monitoring industry in developed countries can be dated 50 years ago, and has already stepped into the era of environmental quality monitoring. Whereas, the industry in
Under the world economic recession, the greatest challenge comes from the downturn of end-use applications especially industrial applications which traditionally create demand for environmental monitoring. Key industries include power generation, petrochemicals and chemicals, construction materials, metallurgy, paper making, and food processing. For instance, on-line monitoring equipment and analyzers are used in industrial pollution sources or pollutant emissions, including waste gas and wastewater discharge. However, this segment occupies a limited proportion of the environmental monitoring industry and is predicted to be recovered with the stimulus plans in
“Ministry of Environmental Protection (MEP) of
Chen foresees that
In line with the industrial development practice, high value-added equipment which is automatic, multi-functional, instant, systematic, and intelligent is considered the most promising in
Chen elaborates, “A lot of equipment and services are engaged with environmental protection at the national level. For instance, regular air quality report and acid rain monitoring in key cities result in stable demand increase for equipment and relevant services.
Statistics show that the total annual investments on environmental monitoring equipment exceed
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SOURCE Frost & Sullivan