Air quality monitors are the systems used to identify and monitor the level of pollutants in indoor also in the outdoor environments. It identifies the level of pollutants which includes sulfur dioxide, carbon monoxide, particulate matter, nitrous oxide and volatile organic compounds (VOCs). Air quality monitoring system acts as a tool to offer information about the level and site of pollution. It is utilized as a medium of information to take corrective measures to improve the air quality for sustainable development. The requirement to control the air quality has boosted the demand for air quality monitoring systems, as the polluted air posses various harmful substances which cause health issues. These hazardous pollutants are unleashed in the air through emission from several industries, vehicles, or combustion of fossil fuels in residential areas. The huge costs of the air quality monitoring systems are expected to hamper the market growth.
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Key Driving Factors: Rising air pollution across the world
Air pollution is a significant threat for environmental balance which has majorly enhanced the market growth. Air pollution has a major impact on the atmosphere, leading to the acid rain, an increase in toxicity levels, and global warming, among others. The increase in the industrialization across the world has also resulted in increase in the level of air pollution in addition of contaminants which include carbon monoxide, sulfur dioxide, carbon dioxide, and particulate matter. Improving economic condition in developing countries has enhanced the pace of industrialization in the present scenario, resulting in increase in the air pollution levels. Therefore, the demand for air quality monitoring systems has surged to handle and monitor the level of air pollution in the surrounding environment.
Key competitors operating in the air quality monitoring system market include Emerson Electric Co, Siemens AG, 3M Company, General Electric Company, Horiba, Ltd., Merck KGaA, Testo AG, Servomex Group Ltd., Teledyne Technologies Inc. and Thermo Fisher Scientific, Inc.
Opportunities: Advancements in the technology and high untapped potential emerging economies
Advancements in technology of the air quality monitoring system and high untapped prospective in emerging countries are the two major factors generating adequate growth opportunities for the competitors operating in the air quality monitoring market. Technological advancements are transforming the way of monitoring and controlled the quality of air. Several government organizations and market players are deliberately emphasizing on research to develop, estimate and implement new air quality technologies. Hence, technological advancements, which are resulting in the development of less-cost and portable air quality monitoring sensors, likely to provide growth opportunities to the air quality monitoring system market players.
By End Users:
The various end users in the air quality monitoring system market are the government agencies and academic institutes, commercial and residential users, petrochemical industry, power generation plants, pharmaceutical industry and smart city authority. Surging installation of air quality monitoring system, the presence of stringent environmental regulations and elevating government assets for effectual air quality monitoring are the factors contributing in raising the demand from government agencies and academic institutes. Among the all end users, the government agencies and academic institutes are projected to install the high number of air quality monitoring systems across the globe.
The Air Quality Monitoring System Market report has been categorized as below
By Sampling Method
By End User
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Published Date : March-2021