According to the most recent report by Emergen Research, the size of the global market for air quality monitoring systems (AQMS) is anticipated to reach USD 6.78 billion in 2028 at a consistent CAGR. Increased government efforts to monitor and manage air pollution levels, ongoing financial investment in solutions for such monitoring, and ongoing technological advancements of sophisticated continuous air quality monitoring systems are key factors driving market revenue growth.
The process of measuring air quality, assessing control initiatives, and identifying areas in need of restoration is known as air quality monitoring. Demand for air pollution monitoring systems has increased in a variety of industries, including the petrochemical, power generating, pharmaceutical, residential, and commercial sectors due to growing worries about cardiovascular and respiratory illnesses brought on by air pollution.
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The introduction of IoT systems, WSN, cloud computing, gas sensing, and other technologies, as well as rapid technological progress in general, is another key reason fueling the expansion of the global market’s revenue. Effectively measuring aerosol concentration, volatile organic compounds (VOC), carbon monoxide, carbon dioxide, and temperature-humidity, IoT and cloud computing-based air quality monitoring devices send the data to a web server using LTE in real-time.
Competitive Outlook:
The global Air Quality Monitoring System (AQMS) market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Air Quality Monitoring System (AQMS) market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Key players involved in the market such as Thermo Fisher Scientific, Emerson Electric, General Electric, Siemens AG, Teledyne Technologies, PerkinElmer, Inc., Agilent Technologies, Inc., Spectris plc., 3M Company, and Honeywell International Inc.
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Key Findings From the Report:
In January 2021, Jawaharlal Nehru Port Trust opened a continuous ambient air quality monitoring station (CAAQMS) at the port operation center in Mumbai, India. The CAAQMS monitors real-time parameters like particulate matter, sulfur dioxide, nitrogen dioxide, ammonia, ozone, CO, NOx, NO, and VOCs.
Outdoor monitors system segment is expected to register a 5.7% revenue CAGR throughout the forecast period. Indoor monitors segment accounted for largest share in the global market in 2020. This can be attributed to increasing adoption of green-building technologies and smart homes and rising preference for pollution-free indoor environments.
Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period, which can be attributed to major prevalence of cardiovascular and respiratory diseases due to rising air pollution, rapid industrialization, and government initiatives for commercialization and development of AQMS in countries in the region.
Emergen Research has segmented the global air quality monitoring systems market based on product, sampling method, pollutant, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
Indoor Monitors
Fixed
Portable
Outdoor Monitors
Fixed
Portable
AQM Stations
Dust & Particulate
Wearables
Sampling Method Outlook (Revenue, USD Billion; 2018–2028)
Continuous Monitoring
Passive Monitoring
Intermittent Monitoring
Manual Monitoring
Stack Monitoring
Pollutant Outlook (Revenue, USD Billion; 2018-2028)
Physical Pollutants
Chemical Pollutant
Biological Pollutants
End-Use Outlook (Revenue, USD Billion; 2018–2028)
Residential and Commercial Industry
Government Agencies and Academic Institutions
Petrochemical Industry
Power Generation Plants
Pharmaceutical Industry
Smart City Authority
Others
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Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
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)
Radical Features of the Air Quality Monitoring System (AQMS) Market Report:
The report encompasses Air Quality Monitoring System (AQMS) market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Air Quality Monitoring System (AQMS) industry
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