Press release
Asia-Pacific Air Quality Monitoring Market Trends 2018 and their Impact on Asia-Pacific Industry, 2012-2022
The Asia-Pacific AQM market was valued at $779 million in 2015 and is expected to achieve a value of $1,506.7 million by 2022, growing at a CAGR of 9.9% during 2016–2022. Based on product, the outdoor monitors are expected to witness higher growth than the indoor monitors in the Asia-Pacific AQM market during the forecast period, due to the rising pollution levels and industry pollutants. Among the various types of pollutants being monitored, chemical pollutants monitoring held the largest share of the market in 2015 and is also expected register highest growth during the forecast period.Access Detailed Report Summary: https://www.psmarketresearch.com/market-analysis/asia-pacific-air-quality-monitoring-market
The AQM market is expected to witness the fastest growth in Asia-Pacific during the forecast period, mainly attributed to increasing prevalence of respiratory diseases, large-scale industrialization, and rising pollution levels in the region. According to the International Association for the Study of Lung Cancer, around 51% of the world’s lung cancer cases occur in Asia and 21% of cancer deaths in Asia are due to lung cancer.
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Air pollution has become a major environmental concern in Asia-Pacific in recent years. The pollution produced by particulate matter (PM10 and PM2.5), nitrogen oxides, sulfur oxides, volatile organic compounds, and tropospheric ozone is a big concern and challenge in countries in the region, particularly in developing countries. According to the World Health Organization (WHO), nearly seven million deaths every year occur because of air pollution and 70% of these deaths occur in Asia-Pacific. Air pollution has a huge impact on the food and water, and climate system of the region, as deteriorated air quality leads to acidic rains, which in turn has harmful effects on crops and animals. Combustion of fossil fuels is the prime source of air pollution in urban and industrial areas in the region. The burning of coal and biomass, such as firewood, animal waste, and agricultural waste, is the principal source of air pollution in rural and some urban areas of Asia-Pacific.
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Some of the key players operating in the Asia-Pacific AQM market are Aeroqual Ltd., Asia Pacific Air Quality Group Pte. Ltd., Horiba Ltd., Air-Met Scientific Pty. Ltd., Envirotech Instruments Pvt. Ltd., Autotronic Enterprise Co. Ltd., Ecotech Pty. Ltd., Lee Hung Scientific Pte. Ltd., LAF ENV Pte. Ltd., and Ray Scientific Pte. Ltd.
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