Air Quality Monitoring System Market Size – USD 4.3 billion in 2020 Market Growth – 7% Market Trends – Need to monitor rising pollution levels in cities will drive market growth
The global air quality monitoring system market size is expected to reach USD 6.8 billion in 2028 at a CAGR of 7% according to a new report by Reports and Data. Air pollution has unintended consequences for the environment and ecological balance, especially in densely populated and developing countries like India and China, as well as poorly controlled fossil fuel usage in many countries and global warming, among other factors. Governments have been allocating larger portions of their budgets to environmental pollution management, which includes the construction of air quality monitoring systems and smart city projects, both of which would serve as important drivers for air quality monitoring systems market growth over the forecast period
About 100 haze days have occurred in Jing-Jin-Ji, the Yangtze River Delta (YRD), and the Pearl River Delta (PRD) in the last three years, according to estimates from China’s Ministry of Environmental Protection (MEP), with PM2.5 concentrations two to four times higher than WHO requirements. These accidents have caused public concern due to the potential for negative health effects. According to new estimates from the 2010 Global Burden of Disease (GBD), outdoor air pollution is a much bigger public health problem than previously believed, causing 2.1 million premature deaths in Asia per year. Outdoor air pollution is now classified among the top ten global risks, as well as among the top five or six in Asia’s developing countries, for the first time.
The initial cost of air quality monitoring systems is substantial, but the ongoing costs are low. The high initial cost will restrict the market to some degree, but this is only expected to last a short time because rising demand would lead to lower prices. The ongoing cost is due to the need to replace the air filter on a regular basis, which is not a significant expense but may be out of reach for certain users.
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Key Highlights From The Report:
- Based on product type, the market has been divided into indoor and outdoor monitoring systems. In 2020, the outdoor category dominated the industry.
- Due to a rise in the number of air quality monitoring station installations in public areas, fixed systems accounted for a larger share of the market in 2020.
- Based on contaminants, the market has been divided into chemical and physical divisions. In 2020, the chemical segment dominated the market due to increasing vehicular emissions, which include harmful pollutants including carbon monoxide.
- Hardware will account for the largest revenue share in 2020, thanks to modernised architectures of real-time applications.
- In 2020, the automotive end-use market will be dominated by the oil and gas end-use segment. Increasing demand for natural gas and petroleum has resulted in the rapid expansion of oil and gas pipeline networks.
- The industrial segment had the largest market share in 2020 and is expected to rise the fastest over the next six years.
- Asia Pacific is projected to rise at the fastest rate during the forecast period, owing to the increasing prevalence of respiratory and cardiovascular diseases caused by air pollution in various cities across the world.
- Some of the key vendors in the market are 3M; Emerson Electric Co.; General Electric Company; HORIBA, Ltd.; Merck; Siemens AG; Teledyne Technologies Incorporated; and Thermo Fisher Scientific, Inc.
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Segments Covered under the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2028. For this study, Reports and Data has segmented the global air quality monitoring system market report based on product type, pollutant, component, end-use, and region:
Product Type Outlook (Revenue, USD Million, 2018 – 2028)
- Indoor
- Fixed
- Portable
- Outdoor
- Fixed
- Portable
Pollutant Outlook (Revenue, USD Million, 2018 – 2028)
- Chemical
- Nitrogen Oxides
- Sulfur Oxides
- Carbon Oxides
- Volatile Organic Compounds
- Others
- Physical
Component Outlook (Revenue, USD Million, 2018 – 2028)
- Hardware
- Sensors
- Processors
- Output devices
- Software
- Services
End-use Outlook (Revenue, USD Million, 2018 – 2028)
- Residential
- Commercial
- Industrial
- Oil & Gas
- Manufacturing
- Food & Beverages
- Pharmaceutical
- Healthcare
- Others
Region Outlook (Revenue, USD Million; 2018 – 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/air-quality-monitoring-system-market
Table of Content:
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Air Quality Monitoring System Market – Industry Snapshot & Key Buying Criteria, 2018 – 2028
2.2 Global Air Quality Monitoring System Market, 2018 – 2028
2.2.1 Global air quality monitoring system market, by region, 2018 – 2028
2.2.2 Global air quality monitoring system market, by product type, 2018 – 2028
2.2.3 Global air quality monitoring system market, by pollutant, 2018 – 2028
2.2.4 Global air quality monitoring system market, by component, 2018 – 2028
2.2.5 Global air quality monitoring system market, by end-use, 2018 – 2028
Chapter 3 Air Quality Monitoring System Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size & Growth Prospects
3.3 Air Quality Monitoring System Market – Value Chain Analysis
3.3.1 Vendor landscape
3.4 Air Quality Monitoring System Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Increasing levels of air pollution
3.4.1.2 Supportive government initiatives
3.4.1.3 Public and private partnerships for the protection of the environment
3.4.2 Market challenge analysis
3.4.2.1 High cost of products
3.5 Penetration and Growth Prospect Mapping
3.6 Air Quality Monitoring System Market – Company Ranking, 2018
3.7 Air Quality Monitoring System – Porter’s Five Forces Analysis
3.8 Air Quality Monitoring System – PESTEL Analysis
Chapter 4 Air Quality Monitoring System Product Type Outlook
4.1 Air Quality Monitoring System Market Share by Product Type, 2018
4.2 Indoor
4.2.1 Indoor air quality monitoring systems market, 2018 – 2028
4.2.1.1 Portable indoor air quality monitoring systems market, 2018 – 2028
4.2.1.2 Fixed indoor air quality monitoring systems market, 2018 – 2028
4.3 Outdoor
4.3.1 Outdoor air quality monitoring systems market, 2018 – 2028
4.3.1.1 Portable outdoor air quality monitoring systems market, 2018 – 2028
4.3.1.2 Fixed outdoor air quality monitoring systems market, 2018 – 2028
Chapter 5 Air Quality Monitoring System Pollutant Outlook
5.1 Air Quality Monitoring System Market Share By Pollutant, 2018
5.2 Chemical
5.2.1 Chemical air pollutant monitoring systems market, 2018 – 2028
5.2.1.1 Nitrogen oxides (NOX) monitoring systems market, 2018 – 2028
5.2.1.2 Sulfur oxides (SOX) monitoring systems market, 2018 – 2028
5.2.1.3 Carbon oxides (COX) monitoring systems market, 2018 – 2028
5.2.1.4 Volatile organic compounds (VOC) monitoring systems market, 2018 – 2028
5.2.1.5 Other chemical air pollutants monitoring systems market, 2018 – 2028
5.3 Physical
5.3.1 Physical air pollutant monitoring systems market, 2018 – 2028
Chapter 6 Air Quality Monitoring System Component Outlook
6.1 Air Quality Monitoring System Market Share by Component, 2018
6.2 Hardware
6.2.1 Air quality monitoring system hardware market, 2018 – 2028
6.2.1.1 Air quality monitoring sensors market, 2018 – 2028
6.2.1.2 Air quality monitoring processors market, 2018 – 2028
6.2.1.3 Air quality monitoring output devices market, 2018 – 2028
6.3 Software
6.3.1 Air quality monitoring software market, 2018 – 2028
6.4 Services
6.4.1 Air quality monitoring services market, 2018 – 2028
Chapter 7 Air Quality Monitoring Systems End-Use Outlook
7.1 Air Quality Monitoring Systems Share by End-Use, 2018
7.2 Residential
7.2.1 Air quality monitoring system in residential end-use, 2018 – 2028
7.3 Commercial
7.3.1 Air quality monitoring system in commercial end-use, 2018 – 2028
7.4 Industrial
7.4.1 Air quality monitoring system in industrial end-use, 2018 – 2028
7.4.1.1 Air quality monitoring system in oil & gas end-use, 2018 – 2028
7.4.1.2 Air quality monitoring system in manufacturing end-use, 2018 – 2028
7.4.1.3 Air quality monitoring system in food & beverage end-use, 2018 – 2028
7.4.1.4 Air quality monitoring system in pharmaceutical end-use, 2018 – 2028
7.4.1.5 Air quality monitoring system in healthcare end-use, 2018 – 2028
7.4.1.6 Air quality monitoring system in other industrial end uses, 2018 – 2028
Chapter 8 Air Quality Monitoring System Regional Outlook
8.1 Air Quality Monitoring System Market Share by Region, 2018
8.2 North America
8.2.1 North America air quality monitoring system market, 2018 – 2028
8.2.2 North America air quality monitoring system market, by product type, 2018 – 2028
8.2.2.1 North America indoor air quality monitoring system market, 2018 – 2028
8.2.2.2 North America outdoor air quality monitoring system market, 2018 – 2028
8.2.3 North America air quality monitoring system market, by pollutant, 2018 – 2028
8.2.3.1 North America air quality monitoring system market, by chemical pollutant, 2018 – 2028
8.2.4 North America air quality monitoring system market, by component, 2018 – 2028
8.2.4.1 North America air quality monitoring system market, by hardware, 2018 – 2028
8.2.5 North America air quality monitoring system market, by end-use, 2018 – 2028
8.2.5.1 North America air quality monitoring system market, by industrial end-use, 2018 – 2028
8.2.6 U.S.
8.2.6.1 U.S. air quality monitoring system market, 2018 – 2028
8.2.6.2 U.S. air quality monitoring system market, by product type, 2018 – 2028
8.2.6.2.1 U.S. indoor air quality monitoring system market, 2018 – 2028
8.2.6.2.2 U.S. outdoor air quality monitoring system market, 2018 – 2028
8.2.6.3 U.S. air quality monitoring system market, by pollutant, 2018 – 2028
8.2.6.3.1 U.S. air quality monitoring system market, by chemical pollutant, 2018 – 2028
…
Chapter 9 Competitive Landscape
9.1 3M
9.1.1 Company overview
9.1.2 Financial performance
9.1.2.1 Net sales share by business segments (%)
9.1.2.2 Revenue share by geography (%)
9.1.3 Product benchmarking
9.2 Aeroqual Ltd.
9.2.1 Company overview
9.2.2 Product benchmarking
9.2.3 Strategic Initiatives
9.3 Emerson Electric Co.
9.3.1 Company overview
9.3.2 Product benchmarking
9.3.3 Financial performance
9.3.4 Strategic initiatives
9.4 General Electric Company
9.4.1 Company overview
9.4.2 Financial performance
9.4.2.1 Revenue share by business segments (%)
9.4.2.2 Revenue share by geography (%)
9.4.3 Product benchmarking
9.5 HORIBA, Ltd.
9.5.1 Company overview
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