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Air Quality Sensor Market 2021 Global Industry Forecasts Analysis, Competitive Landscape and Key Regions Analysis | grow at a CAGR of 7.8%

07-16-2021 11:47 AM CET | Science & Education

Press release from: Supply Demand Market Research

Air Quality Sensor Market 2021 Global Industry Forecasts

The global air quality sensors market in 2020 was approximately USD 4.3 billion. The market is expected to grow at a CAGR of 7.8% and is anticipated to reach around USD 6.9 billion by 2025. The growth in the market size is expected to be driven by the increasing demand from end user industries and advancement of innovative technologies.

Air quality sensors are the devices utilized to detect and monitor the level of pollutants in indoor along with the outdoor environments. Air quality sensor are available in several types, as few are specialized in some aspects, and most of them emphasize on five components such as ozone, particulate matter, carbon monoxide, sulfur dioxide, and nitrous oxide. Key factor which is driving the growth of the air quality sensor market is growing airborne diseases and fatalities owing to them.

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Drastically, increasing urbanization, and economic and population growth is leading to an increase in industrial activities, vehicle use and energy consumption in cities across the world, resulting in pervasive urban air pollution. Rising environmental pollution has become a worldwide problem; the state, local governments at all levels are majorly focusing on environmental management in their jurisdictions and increases investment in environmental monitoring and emergency monitoring. However, the high cost of air quality sensor will hamper the market.

Historically, three variables have been used to define indoor air quality; temperature, humidity and CO2. The air quality sensors are consumer-grade, “internet of things”-enabled devices which often link with the smartphone or tablet. They are also known as intelligent indoor air quality monitors. Residential air quality sensors are defined as standalone, self-contained devices utilized for indoor applications that have sensors for the following types of air pollution.

Key players in the air quality sensors market are Sensirion AG, Zhengzhou Winsen Electronics Technology Co. Ltd., Honeywell International Inc., Schneider Electric SE, Energomonitor S.R.O., Aeroqual Limited, Alltech, Cyanotech, DIC Corporation, Seaweed Energy Solutions, Sapphire, Solazyme, PT. Indonusa Algaemas Prima, PT. Agarindo Bogatama, TAAU Australia.

Asia Pacific accounted for the most important share within the global market, in terms useful, in 2020, due to the rising health awareness. The wide acceptance and availability of air quality sensors, especially in countries like Korea, Japan, China, and India, alongside their growth potential, are the main drivers contributing to the penetration of the market within the Asia Pacific air quality sensors.

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Based On The Type Of Application, The Global Air Quality Sensors Market Segmented Into

Living room
Restroom Toilet
Animal & Aquaculture Feed
Biofuels & Bioenergy

Based On The Type Of Product, The Global Air Quality Sensors Market Segmented Into

Signal-Gas Monitoring System
Multi-Gas Monitoring System

Market Segment as follows:

Based On The Type Of Region, The Global Air Quality Sensors Market Segmented Into

Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru]

The report offers detailed coverage of Air Quality Sensor industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Air Quality Sensor by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

First, this report covers the present status and the future prospects of the global Air Quality Sensor market for 2015-2024.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

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The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.

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