Air Quality Monitoring Market to be Worth $11.3 Billion by 2030

Air Quality Monitoring Market to be Worth $11.3 Billion by 2030

Global XXX Market 2016-2022 Meticulous Research a leading global market research company, published a research report titled, Air Quality Monitoring Market by Product Type, Sampling Method, and End User (Residential, Government & Public Utilities, Commercial End Users, and Industrial End Users) and Geography - Global Forecast to 2030. According to this latest publication from Meticulous Research , the global air quality monitoring market is projected to reach $11.3 billion by 2030, at a CAGR of 6.6% from 2023 to 2030. The growth of this market is driven by the increasing availability of advanced IoT- enabled air quality monitoring systems, increasing demand for smart air quality monitoring solutions for reducing pollution, and stringent government regulations regarding industrial emissions. The growing industrialization in emerging economies and technological advancements in air quality monitoring systems are expected to offer significant growth opportunities for the stakeholders in the market. The high cost of air quality monitoring systems due to technology complexity, equipment quality, data accuracy requirements, and regulatory standards may restrain the market's growth. Furthermore, the slow implementation of air pollution control reforms worldwide and technical limitations of air quality monitoring systems are expected to challenge the growth of the air quality monitoring market. The global air quality monitoring market is segmented by product type (indoor air quality monitors and outdoor air quality monitors), sampling method (active monitoring, passive monitoring, intermittent monitoring, and other sampling methods [stack monitoring], end user (residential, government & public utilities, commercial end users (transportation & logistics, education, healthcare, shopping malls & retail stores, hospitality, airports, and other commercial end users [construction sites], industrial end users (automotive, pharmaceutical, oil & gas, chemicals, food & beverage, metal & mining, textile, agriculture, and other industrial end users [petrochemical & energy]). The study also evaluates industry competitors and analyzes the market at the regional and country levels. Based on product type, the global air quality monitoring market is segmented into indoor and outdoor air quality monitors. In 2023, the indoor air quality monitors segment is expected to account for the larger share of the global air quality monitoring market. The large market share of this segment is attributed to the growing need to measure and monitor the quality of the air inside buildings, homes, offices, and other indoor spaces; increasing adoption of portable handheld devices, standalone units, and smart devices that can connect to a smartphone or home automation systems; and rising need to facilitate adequate ventilation, control the production of pollutants in an industrial manufacturing facility, and keep temperature & humidity level in a comfortable range. However, the outdoor air quality monitors segment is projected to register the highest CAGR during the forecast period. The high growth of this segment is driven by the growing need to understand the environmental conditions and potential health risks for people living in a Page 1 of 4 Meticulous Research| sales@meticulousresearch.com

Global XXX Market 2016-2022 particular area; increasing adoption of outdoor air quality monitors to protect public health by providing early warnings about high levels of pollutants such as PM2.5, ozone, nitrogen dioxide, and sulfur dioxide; and increasing demand of outdoor air quality monitors for urban planning and infrastructure & industries to track their emissions and ensure compliance with environmental regulations. Based on sampling method, the global air quality monitoring market is segmented into active monitoring, passive monitoring, intermittent monitoring, and other sampling methods. In 2023, the active monitoring segment is expected to account for the largest share of the global air quality monitoring market. The large market share of this segment is attributed to the growing use of a set of instruments and sensors that actively sample and measure air pollutants and environmental conditions in real-time or near real-time, the rising need for quick responses to changing air quality conditions, growing need to detect sudden spikes in pollution levels, providing early warning of potential air quality hazards such as wildfires, industrial accidents, or other environmental incidents, and effectiveness of pollution control measures and regulatory policies over the time. Many active monitoring systems are used for regulatory compliance, ensuring that emissions from industrial facilities and transportation meet established air quality standards. If pollutant levels exceed regulatory limits, appropriate actions can be taken. This segment is projected to register the highest CAGR during the forecast period. Based on end user, the global air quality monitoring market is segmented into residential, government & public utilities; commercial end users; and industrial end users. In 2023, the industrial end users segment is expected to account for the largest share of the global air quality monitoring market. The large market share of this segment is attributed to the growing need to identify pollution sources, assess the effectiveness of pollution control measures, and mitigate potential health and environmental risks; growing adoption of air quality monitoring for worker health & safety; increasing popularity of real-time air quality monitoring with automatic alert systems; and growing use of air quality monitoring data for R&D purposes. Analyzing emissions data can lead to the development of cleaner technologies, pollution control strategies, and more sustainable practices. Additionally, this segment is projected to register the highest CAGR during the forecast period. Based on geography, the global air quality monitoring market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the global air quality monitoring market. North America s large market share is attributed to the increased government funding for environmental sustainability and developing policies to reduce environmental pollution, increasing installations of environmental monitoring stations, and the increased adoption of environmental monitoring strategies by public and private companies across the region. In North America, technological advancements in sensor technologies, data analytics, and communication systems have made air quality monitoring systems more accurate, efficient, Page 2 of 4 Meticulous Research| sales@meticulousresearch.com

Global XXX Market 2016-2022 and cost-effective. The availability of portable and real-time monitoring devices, along with cloud-based data management and analysis platforms, has expanded air quality monitoring systems adoption in various sectors, including government agencies, research institutions, industries, and commercial establishments, supporting the market's growth. However, Asia Pacific is projected to register the highest CAGR during the forecast period. The growth of this region is driven by the growing demand for air quality monitoring solutions due to the significant challenges posed by pollution and its impact on public health, ecosystems, and climate change, technological advancements in sensor technology, data analytics, and modeling techniques, increasing public awareness about the importance of air quality monitoring solutions, and the growing presence of well-established air quality monitoring solution providers. The Asia Pacific region is known for having some of the world's most polluted cities, largely attributed to rapid industrialization, urbanization, vehicle emissions, agricultural practices, and natural sources such as dust storms. Efforts to improve air quality monitoring in the Asia Pacific region are ongoing and involve cooperation among governments, international organizations, research institutions, and the private sector. Key Players The key players operating in the global air quality monitoring market are Thermo Fisher Scientific Inc. (U.S.), Emerson Electric Co. (U.S.), Siemens AG (Germany), Teledyne Technologies (U.S.), 3M COMPANY (U.S.), Merck KGaA (Germany) (a subsidiary of Merck Group), Honeywell International Inc. (U.S.), General Electric Company (U.S.), HORIBA, Ltd. (Japan), Tish Environmental, Inc. (U.S.), Testo India Pvt. Ltd. (India), Spectris plc (U.K.), Agilent Technologies, Inc. (U.S.), Chemtrols Industries Pvt. Ltd. (India), and Vasthi Instruments (India). Download @ https://www.meticulousresearch.com/download-sample- report/cp_id=5646 Sample Report Here Key questions answered in the report: Which are the high-growth market segments in terms of product type, sampling method, and end user? What is the historical market size for air quality monitoring solutions across the globe? What are the market forecasts and estimates for 2023 2030? What are the major drivers, restraints, opportunities, and challenges in the global air quality monitoring market? Who are the major players in the global air quality monitoring market, and what are their market shares? How is the competitive landscape? Page 3 of 4 Meticulous Research| sales@meticulousresearch.com

Global XXX Market 2016-2022 What are the recent developments in the global air quality monitoring market? What are the different strategies adopted by the major players in the market? What are the geographic trends and high-growth countries? Who are the local emerging players in the global air quality monitoring market, and how do they compete with other players? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on research Us: Research Sales- +1-646-781-8004 LinkedIn- https://www.linkedin.com/company/meticulous- Page 4 of 4 Meticulous Research| sales@meticulousresearch.com