The global PM 2.5 monitor market size was significantly large in 2020, and is expected to continue to register a rapidly inclining revenue CAGR between 2021 and 2028. Key factors responsible for driving market revenue growth are rapid urbanization, growing levels of air pollution, supportive government legislation for effective air pollution monitoring and management, and ongoing attempts to develop environmentally friendly products. Furthermore, rising public-private financing for effective air pollution monitoring, as well as increasing public awareness of the environmental and health consequences of air pollution, are contributing to market growth.
Particulate matter, also known as PM is a mixture of solid particles and liquid droplets prevalent in the air, according to the US Environmental Protection Agency (EPA). Some particles such as dust and dirt, are visible to the naked eye, while others are too small to see without a microscope. These are jointly responsible for all of the particle pollution people encounter on a daily basis. Health consequences of microscopic PM are dependent on particle dimension, which is why different particle sizes such as PM2.5 and PM10 must be monitored. The majority of PM2.5 and PM10 emissions are caused by daily activities, thereby making PM pollution a global problem.
Economic losses are a result of lower production and higher healthcare costs. Concentration-response relationships are used in such investigations. It depicts the percent change in many health measures, as a result of changes in pollution concentration. PM monitoring devices provide vital data for forming these kinds of connections. The study of PM2.5 and PM10 concentration-response relationship aids in understanding the economic co-benefits of PM pollution abatement. It also helps in calculating the Return on Investment (ROI) value of an air pollution mitigation plan’s economic feasibility. To make such planning possible, highly accurate PM monitoring devices are required. Capacity expansion through the addition of PM monitors will result in increased productivity and lower healthcare costs.
Top companies in the market include: Emerson Electric Co, General Electric Company, Siemens AG, Testo AG, 3M Company, Horiba, Ltd., Merck KGaA and others.
Get a sample of the report @ https://www.reportsanddata.com/download-free-sample/4651
According to latest analysis by Reports and Data The global PM 2.5 monitor market size was significantly large in 2020, and is expected to continue to register a rapidly inclining revenue CAGR between 2021 and 2028. Revenue growth of the market can be attributed to rising global demand for clean and sustainable energy, rapid industrialization and urbanization, advancements in the power & energy sector, growing focus on renewable energy sources, and economic growth of the countries.
Increasing availability of advanced technologies and rapid shift towards renewable energy resources are key factors expected to drive revenue growth of the market over the forecast period. More and more countries are investing in sustainable and clean energy in their efforts to curb pollution and minimize carbon emissions. Proper management of energy is vital to a functional society and development of energy resources has become crucial for various end-use sectors such as agriculture, IT, transportation, and communications, among others. In addition, increasing efforts taken by the government to encourage energy conservation by implementing subsidies and tax incentives is also a key factor expected to drive global market growth over the forecast period.
The report further provides a comprehensive analysis of the competitive landscape and provides a complete coverage with regards to company’s profiles, product portfolio, revenue generation, financial standing and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships among others. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities.
The report aims to offers a thorough outlook of the PM 2.5 Monitor market based on various key elements such as market drivers, limitations, threats, restraining factors, and growth prospects. It also a provides an extensive regional analysis along with key countries with regards to production and consumption ratio, import/export, consumer demand, supply and demand, regulatory factors, investment and funding, and presence of key players in each region.
PM 2.5 Monitor Market Segmentation by Regions:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Global PM 2.5 Monitor Market Segmentation based on Product Types and Applications:
Product Types:
- TEOM Monitor
- Beta Attenuation Monitor
- Other Monitor
End use Spectrum:
- Indoor Monitoring
- Outdoor Monitoring
Thank you for reading our report. For further information or query regarding the report or its customization, please connect with us. Our team will ensure you get a report well-suited to your needs.
Explore Trending Research Reports by Reports and Data
Honeycomb Paperboard Packaging Market
Leak Testers Market
Cannabis Packaging Market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Media Contact
Company Name: Reports and Data
Contact Person: John Watson
Email: Send Email
Phone: +1-212-710-1370
Address:40 Wall St. 28th floor
City: New York City
State: NY 10005
Country: United States
Website: https://www.reportsanddata.com/report-detail/pm-2.5-monitor-market