According to the latest report by IMARC Group, titled “Air Quality Monitoring Market Analysis: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global air quality monitoring market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.
Air Quality Monitoring Industry Overview:
Air quality monitoring involves sensor-based devices that are used to monitor and track pollutant rates in both indoor and outdoor settings. It is a component of an air quality management system and is performed to maintain ambient breathable air. It is also used as an information medium to take constructive measures toward improving the air quality for sustainable development. It plays an important role in avoiding fatigue, distress, and dizziness caused due to polluted air, which can lead to bad health and reduced productivity. Additionally, it assists in preventing breathing disorders, including asthma, and diseases such as chronic obstructive pulmonary disorder and lung cancer. It is extensively used to detect sulfur dioxide, particulate matter, carbon monoxide, volatile organic compounds, and nitrous oxide and measure hazardous solids and liquid particles suspended in the air.
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Air Quality Monitoring Market Trends:
The global market is primarily driven by the rising level of air pollution. Moreover, the increasing initiatives undertaken by governments to make industrial operations more environmentally friendly and to monitor and improve overall air quality is catalyzing the demand for air quality monitoring across the globe. Additionally, the growing support for developing smart cities that involve the digitalization of a city’s infrastructure, such as transportation systems and wireless sensors, is creating a positive market outlook. Moreover, numerous major companies are investing in research and development activities to develop and launch products and technologies, providing an impetus to the market. In line with this, continual technological advancements in AQM systems, such as nanotechnology-based systems and remote sensing instruments, are further supporting the demand.
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Air Quality Monitoring Market Growth:
Furthermore, the escalating popularity of green buildings and environment-friendly industries due to increasing environmental and healthcare implications is contributing to the growth of the HVAC air quality monitoring market. Along with this, the increasing need to create a safe work environment in several industries, including automotive, manufacturing, and oil and gas, propelling the demand worldwide. Apart from this, the rising prevalence of chronic obstructive pulmonary disease, asthma, cardiovascular problems, and lung cancer is favorably impacting the market. Other factors, including growing stringent pollution policies, rising availability of low-cost sensor networks, growing awareness about environment conservation, and the development of wireless communication, are projected to propel the market further.
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Key Market Segmentation:
Top Companies in Air Quality Monitoring Industry:
- Thermo Fisher Scientific Inc.
- Siemens Aktiengesellschaft
- Teledyne Technologies
- Emerson Electric Co.
- General Electric Company
- 3M
- HORIBA Ltd.
- Merck KGaA
- Aeroqual Limited
- TSI Incorporated
- Testo India Pvt. Ltd.
- Honeywell International Inc.
- Agilent Technologies Inc.
- TE Connectivity Corporation
- Tisch Environmental Inc.
- Investis Limited
Breakup by Product Type:
- Indoor Monitors
- Outdoor Monitors
- Wearable Monitors
Breakup by Pollutant:
- Chemical Pollutant
- Physical Pollutant
- Biological Pollutant
Breakup by Sampling Method:
- Active/Continuous Monitoring
- Passive Monitoring
- Intermittent Monitoring
- Stack Monitoring
Breakup by End-User:
- Government Agencies and Academic Institutes
- Commercial and Residential Users
- Petrochemical Industry
- Power Generation Plants
- Pharmaceutical Industry
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
- Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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