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The volatile organic compound (SOC) sensor and monitor market is estimated to grow rapidly during the next five years.

The volatile organic compound (SOC) sensor and monitor market

The recent study on the volatile organic compound (VOC) sensor and monitor market covers an in-depth analysis of the market on the basis of type, technology, application, and geography. The report also covers the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2019-2024. According to the report titled “Volatile Organic Compound (VOC) Sensor and Monitor Market – Forecast from 2019 to 2024”, the market is estimated to witness an exponential growth throughout the course of the forecast period. The report has segmented the volatile organic compound (VOC) sensor and monitor market by type (sensor, monitor), by application (industrial process monitoring, environmental monitoring, leak detection) and by geography such as Americas (United States, Canada, Brazil, others), Europe Middle East and Africa (Germany, France, United Kingdom, Italy, others), and Asia Pacific (China, Japan, India, Taiwan, others). There is a growing focus on reducing indoor air contamination globally in order to increase access to breathable non-toxic air. As such, the increasing number of demand controlled ventilation system incorporating VOC sensor is being installed in the buildings. Simultaneously, the growing investment by the industries in a hazardous environment to monitor the level of VOC in order to ensure worker’s safety is further projected to supplement the growth of the market during the forecast period.

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Asia Pacific is estimated to hold a significant share in the market.
Asia Pacific volatile organic compound (VOC) sensor and monitor market is estimated to hold a significant share on account of the growing production of HVAC systems in the region. Moreover, the investment in the construction of buildings in the region is further anticipated to augment the growth of the market during the forecast period.

Some of the major players discussed in the reports are Honeywell International Inc., Aeroqual Limited, Global Detection Systems Corporation, and Siemens AG among others.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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