New York, USA, July 17, 2024 (GLOBE NEWSWIRE) -- Market Overview:
The global air quality monitoring system market size is predicted to grow from USD 4,809.41 million in 2023 to USD 8,693.36 million by 2032. It is anticipated to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2032, according to the latest research report by Polaris Market Research.
Market Introduction:
What are Air Quality Monitoring Systems?
Air quality monitoring is the procedure of estimating several contaminants existing in the air. These contaminants possess a notable influence on human health and the environment. Monitoring assists in recognizing areas with substandard air quality and the contaminants accountable for it. These details can be utilized to contrive air contaminant regulation measures to enhance air quality. Decreasing the degree of contaminants in the air can cause enhanced health results for the population and an improved standard of life. It is a crucial instrument for enhancing air quality, safeguarding public health, and sanctioning conformity with directives. It can also be utilized to recognize pollution origin, observe climate change and reinforce research and development.
The air quality monitoring system market is witnessing substantial demand owing to offering real time data on the degree of several air contaminants. As urbanization and industrialization persist to surge, the standard of the air one inhales has become a crucial problem with extensive insinuations for human health and well being. These monitoring systems offer treasured perspectives sanctioning illuminated decision-making and execution of productive policies to diminish the unfavorable influence of air pollution.
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Air Quality Monitoring System Market Report Attributes
| Report Attributes | Details |
| Market value in 2023 | USD 4,809.41 million |
| Market value in 2032 | USD 8,693.36 million |
| CAGR | 6.8% from 2024-2032 |
| Base year | 2023 |
| Historical data | 2019-2022 |
| Forecast period | 2024-2032 |
Key Highlights of the Report:
- Several factors, including estimating and scrutinizing the concentration of air contaminants such as particulate matter, nitrogen dioxide, sulfur dioxide, carbon monoxide, ozone, and volatile organic compounds, help curtail air contaminants, which has led to substantial market growth.
- The market is segmented by type, product, sampling method, pollutants, end-use, and region.
- North America dominated the market with the largest air quality monitoring system market share.
Air Quality Monitoring System Market Players:
- 3M
- Aeroqual
- Agilent Technologies, Inc.
- Envirotech Instruments Pvt. Ltd.
- Hawa Dawa
- Honeywell International, Inc
- HORIBA, Ltd.
- Merck KGaA
- PerkinElmer Inc.
- Siemens AG
- Teledyne Technologies Incorporated
- Testo SE & Co. KGaA
- Thermo Fisher Scientific Inc
- Tisch Environmental
- TSI Incorporated
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Top Market Developments:
Growth Drivers and Trends:
- Increasing Air Pollution: Growing air pollution is a prominent problem. The World Health Organization (WHO) describes that 90% of people inhale contaminated air, bringing about 7 million deaths annually from exterior and interior air contamination. Approximately all people globally inhale air with an escalated degree of contaminants surpassing WHO directives restrictions, with low—and middle-income nations encountering the most elevated subjection.
- Growing Demand for Progressive Gadgets: Growing public consciousness and the demand for progressive air quality monitoring gadgets have caused governments and private firms to concentrate on advancing precise and economical air quality monitors, supporting the growth of the air quality monitoring system market.
- Technological Progressions: Technological advancements have transformed air quality monitoring. Conventional immobile monitoring stations accompanied by transferable sensors, adorned gadgets, and even satellite-dependent quantification have all led to market expansion.
Challenges:
- High Costs: Air quality monitoring systems can be costly to buy, position, and sustain. The price involves buying monitoring equipment, initiating framework, sustaining tools, and frequently measuring and upgrading the systems. Industry calibre air quality gadgets can amount to thousands of dollars while economical ones may provide condescending preciseness and dependability.
Which Region Leads the Air Quality Monitoring Systems Sector?
- North America: The North America region dominated the air quality monitoring systems industry with the largest revenue share. The region’s dominance in the market can be attributed to the escalating public consciousness about health probabilities linked with air contamination, which has escalated the requirement for air quality monitoring.
- Asia Pacific: Asia Pacific is anticipated to witness the fastest growth in the air quality monitoring system market over the estimated period. This is due to the growing worries about air pollution and its influence on public health and the environment. They are outlined to estimate several air contaminants and offer real-time data to government bodies, industries, and the normal public.
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Segmental Overview:
By Type Outlook:
- Ambient Air Quality Monitoring Systems
- Industrial Air Quality Monitoring Systems
By Product Outlook:
- Indoor Air Quality Monitors
- Outdoor Air Quality Monitors
By Sampling Method Outlook:
- Active/Continuous Monitoring
- Manual Monitoring
- Intermittent Monitoring
- Stack Monitoring
By Pollutants Outlook:
- Chemical Pollutants
- Nitrogen Oxides
- Sulfur Oxides
- Carbon Dioxide
- Volatile Organic Compounds
- Others
- Physical Pollutants
- Biological Pollutants
By End Use Outlook:
- Residential
- Commercial
- Industrial
- Oil & Gas
- Power Generation
- Chemicals
- Pharmaceutical
- Food & Beverage
- Others
By Region Outlook:
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea, Australia)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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About Polaris Market Research:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR’s clientele spread across different enterprises. We at Polaris are obliged to serve PMR’s diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR’s customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR’s customers.
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