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The Air Quality Monitoring System Market was valued at USD 4.89 Billion in 2022 and is expected to reach USD 7.61 Billion by 2029 at a CAGR of 6.5 % during the forecast period.
Air Quality Monitoring System Market Overview:
The goal of this research is to provide a thorough examination of the Air Quality Monitoring System market Size by component, application, industry, and geography. The study includes thorough information on the primary elements impacting the Air Quality Monitoring System industry's growth. The study also includes a comprehensive evaluation of the market's value chain.
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Market Scope:
The research technique used to estimate and forecast the Air Quality Monitoring System market Share begins with the collection of revenue data from key suppliers through secondary research sources. Vendor offerings are also taken into account while developing market segmentation. The income of large firms was used to calculate the entire size of the Air Quality Monitoring System market Growth using the bottom-up method.
Segmentation:
by Component
Hardware
Services
By Component, The software services segment is expected to grow at the fastest rate over the forecast period. The increased demand for these devices from smart city authorities is driving the rise of the software segment. These authorities are focusing on integrating multiple systems in a city, such as environmental monitoring systems, traffic monitoring solutions, and parking management devices, into a single software solution. Furthermore, air quality monitoring software is commonly used for remote monitoring by businesses such as chemicals, oil & gas, and pharmaceuticals.
by Type
Indoor Air Quality Monitoring Equipment
Outdoor Air Quality Monitoring Equipment
by Gas Nitrogen
Oxygen
Carbon
Ozone
Others
By Type, the indoor monitor segment accounted for the highest market share of the global air quality monitoring systems market in 2020. 3.4 million people die every year due to household air pollution caused by the incomplete combustion of solid fuels and kerosene used for cooking. The dominant position of this segment can be attributed to the growing installation of AQM stations, initiatives to increase public awareness about the health effects of indoor air pollution, the growing adoption of smart homes, and green-building technologies, and the preference for pollution-free indoor environments.
by Pollutant
Chemical
Biological
Physical
by Application
Industrial
Commercial
Residential
By Application, the industrial end-user segment is expected to grow at a 5.8% CAGR by 2029. In the twenty-first century, the industrial revolution changed dramatically. The development of industrialization has also resulted in an increase in industrial pollution. Previously, industries were small enterprises that produced fumes as the major pollutant. The combination of industrialization and air pollution in North America and Europe necessitated the formation of air quality standards and regulations for emission sources such as vehicles, electrical power generation, and industrial sites. As a result, the global need for air quality monitors has increased as industrialization has increased.
- Global Air Quality Monitoring System Market: Research Methodology
- Global Air Quality Monitoring System Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Air Quality Monitoring System Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Air Quality Monitoring System Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Air Quality Monitoring System Market Segmentation
- Global Air Quality Monitoring System Market, by Type (2023-2029)
- Global Air Quality Monitoring System Market, by Product (2023-2029)
- Global Air Quality Monitoring System Market, by Application (2023-2029)
- Global Air Quality Monitoring System Market, by End-User (2023-2029)
- Global Air Quality Monitoring System Market, by Vertical (2023-2029)
- Regional Air Quality Monitoring SystemMarket(2023-2029)
- Regional Air Quality Monitoring System Market, by Type (2023-2029)
- Regional Air Quality Monitoring System Market, by Product (2023-2029)
- Regional Air Quality Monitoring System Market, by Application (2023-2029)
- Regional Air Quality Monitoring System Market, by End-User (2023-2029)
- Regional Air Quality Monitoring System Market, by Vertical (2023-2029)
- Regional Air Quality Monitoring System Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
1. Honeywell (United States)
2. Thermo Fisher Scientific (United States)
3. Teledyne Technologies Incorporated. ( United States)
4. LumaSense Technologies, Inc.( United States)
5. TSI Incorporated (United States)
6. Airthinx ( US)
7. Testo SE & Co. KGaA (Germany)
8. Siemens AG (Germany)
9. Modcon Systems Ltd.( England)
10. PCE Instruments (England)
11. Vaisala (Finland)
12. Opsis AB (Sweden)
13. Kaiterra (Switzerland)
14. Horiba Ltd.( Japan)
15. Ecotech (India)
16. Oizom Instruments Pvt. Ltd.(India)
17. Vasthi Instruments Pvt. Ltd (India)
18. Chemtrols Industries Pvt. Ltd. (India)
19. Envirotech Instruments Private Limited (India)
20. SV Tech Engineers (India)
21. SKC Ltd. (South Korea)
22. Aeroqual Limited (New Zealand)
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Air Quality Monitoring System Market: The report also includes the detailed impact of COVID-19 on the Air Quality Monitoring System market.
Key Questions Answered in the Air Quality Monitoring System Market Report are:
- Which segment had the largest share in the Air Quality Monitoring System market?
- How is the competitive scenario of the Air Quality Monitoring System market in 2023?
- Which are the key drivers impacting the Air Quality Monitoring System market growth?
- Which region holds the maximum share in the Air Quality Monitoring System market?
- What will be the CAGR of the Air Quality Monitoring System market during the forecast period (2023-2029)?
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