Pune, 24, Nov 2022: Maximize Market research has published a market intelligence and industry analysis report on Air Quality Monitoring System Market. The global Air Quality Monitoring System Market was valued at USD 4.60 billion in 2021, and is expected to be worth USD 7.61 billion by 2029, growing at a CAGR of 6.5% during the forecast period. Maximize Market Research (MMR) encompasses the most infallible research methodology for its market intelligence and industry analysis. The Air Quality Monitoring System Market competitive landscape provides details by competitor like company overview, company strengths and weaknesses, market potential, global presence, company financials, revenue generated, investment in research and development, new market initiatives, production capacities, production sites and facilities, product launch and width and breadth, application dominance.
Air Quality Monitoring System Market Scope and Research Methodology
Maximize Market Research has analyzed and estimated the market using micro and macro factors impacting the industry which included secondary research. Secondary research includes a synthesis of existing publications across the web to collect significant insights on the current industry situation, technology developments, and other industry-related information. MMR conducts primary research with industry experts through questionnaires and one-on-one phone interviews. MMR pulls from reliable secondary sources such as white papers and statistics, investor documents, published documents by government organizations and regulatory bodies, company filings, Key Opinion Leaders (KoL) publications, and more.
Maximize Market Research’s research proceeds are the result of high-quality data, expert views & analysis, and high-value independent opinions. MMR carefully factors in industry trends and real developments to identify key growth factors and the future course of the Air Quality Monitoring System Market. MMR’s research process is designed to deliver a balanced view of the global Air Quality Monitoring System Market and allows stakeholders to make informed decisions to attain their highest growth objectives. MMR’s approach helps build a greater market consensus view for size, shape, and industry trends within each industry segment.
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Air Quality Monitoring System Market Overview
The air quality monitoring system could be used to assess the quality of the air in the atmosphere. The air quality detector is used to monitor pollution levels, and they not only measure the carbon dioxide (CO2) level in the air, but also the humidity and temperature levels both inside and outside the room. The growing health problems caused by air pollution are a critical concern all over the world. It is estimated that 7 million people would die in 2020 as a result of combined indoor and outdoor pollution. Due to poor air quality caused by industrial and vehicular pollution across the world, there is an increased risk of breathing problems and lung illnesses. Air quality monitoring systems are being implemented in industries such as manufacturing, automotive, and oil and gas due to the growing requirement for worker safety.
Air Quality Monitoring System Market Dynamics
As the number of smart cities develops in conjunction with global population growth, air quality monitoring devices are increasingly being used in smart city initiatives. A major source of air pollution is the increased number of cars emitting dangerous gases. Data collection on air quality is therefore crucial in order for regulatory bodies to take the appropriate actions. Over the forecast period, these factors are likely to drive the air quality monitoring system market.
Continuous R&D of improved AQM systems, such as miniaturised devices, nanotechnology-based systems, infrared spectroscopy, and remote-sensing instruments, is likely to create considerable growth prospects for both established and emerging AQM enterprises. The industry’s major participants have followed the mandatory norms and rules by adopting their own internal emission-control policies. They created new techniques and equipment to meet the most recent standards. These restrictions are expected to enhance global air quality monitoring systems.
Air Quality Monitoring System Market Regional Insights
During the forecast period, the Asia Pacific Air Quality Monitoring System Market is expected to have the highest CAGR. Due to growing air pollution and major environmental challenges in high-population countries such as India, the country is expected to grow at the quickest rate among other countries. As global pollution levels rise substantially, the Indian government is stepping up efforts to minimise air pollution. The government is using advanced air quality monitoring devices to eliminate toxins in the air. These factors are driving the need for air quality monitoring systems in India.
Air Quality Monitoring System Market Segmentation
By Component
- Hardware
- Services
By Type
- Indoor Air Quality Monitoring Equipment
- Outdoor Air Quality Monitoring Equipment
By Gas
- Nitrogen
- Oxygen
- Carbon
- Ozone
- Others
By Application
- Industrial
- Commercial
- Residential
Air Quality Monitoring System Market Key Competitors:
- SKC Ltd.
- Honeywell
- Thermo Fisher Scientific
- Vaisala
- ENVEA group
- TSI Incorporated
- Ecotech
- LumaSense Technologies, Inc.
- Modcon Systems Ltd.
- Testo SE & Co. KGaA
- Aeroqual Limited
- PCE Instruments
- Opsis AB
- Oizom Instruments Pvt. Ltd.
- Airthinx
- Aeroqual
- Teledyne Technologies Incorporated
- Horiba Ltd.
- Siemens AG
- Kaiterra
- Chemtrols Industries Pvt. Ltd.
- Envirotech Instruments Private Limited
- SV Tech Engineers
- Vasthi Instruments Pvt. Ltd
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Key questions answered in the Air Quality Monitoring System Market are:
- What is Air Quality Monitoring System?
- What is the nature of competition in the Motorhome Vehicle industry in developed economies and developing economies?
- What are the factors affecting growth in the Air Quality Monitoring System Market?
- What is the growth rate of the Air Quality Monitoring System Market over the forecast period?
- What are the factors for the growth of the Asia-Pacific region in the Air Quality Monitoring System Market?
- Who are the market leaders in Motorhome Vehicle in Europe?
- Who are the key players in the Air Quality Monitoring System Market?
- Who are the market leaders in Motorhome vehicles in India, China, Japan, and South Korea?
- Who are the market leaders in Motorhome Vehicle in USA and Canada?
- Who held the largest market share in Air Quality Monitoring System Market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Component, Type, Gas, Application, and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Air Quality Monitoring System Market: The Air Quality Monitoring System Market is expected to reach USD 142.73 billion by 2029 at a CAGR of 4.14 percent during the forecast period. Growing population in smart cities requires pollution awareness measurements and continuous R&D and technical advancements are expected to drive the growth of the Air Quality Monitoring System Market.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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