Press release
Air Quality Monitoring System Market | 2022 Size, Growth Insights, Share, COVID-19 Impact, Emerging Technologies, Key Players, Competitive Landscape, Regional and Global Forecast to 2028
Air Quality Monitoring System Market 2022-2028
New study report" Air Quality Monitoring System Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2028″ has been added to Fortune Business Insights.
Market Overview:
The global air quality monitoring system market is expected to emerge during the forecast period due to the surging demand and development of smart city projects in developing countries. Fortune Business Insights™ provides this information in a report titled, "Air Quality Monitoring System Market, 2021-2028". As per the report, the air quality monitoring system market size was USD 4.86 billion in 2020. The market size is expected to rise from USD 5.02 billion in 2021 to USD 8.33 billion by 2028 at a CAGR of 7.5% during the mentioned period.
The air quality monitoring system is used to measure particular pollutants present in the air which is also known as "criteria air pollutants". It identifies sulfur dioxide, particulate matter, carbon monoxide, volatile organic compounds, and nitrous oxide. Rising demand for improved air quality is expected to boost the market in upcoming years.
Key Industry Development:
November 2021: Kontrol Technologies secured distribution agreement with Airmaster Corporation and its subsidiary Optimum Air and Daikin Australia Pty Ltd. The acquisition focuses on providing real-time monitoring and detection of airborne pathogens to produce safer spaces.
List of Companies Covered in the Air Quality Monitoring System Market Report:
Thermo Fisher Scientific
Emerson Electric
3M Company
Horiba, Ltd.
Siemens AG
Teledyne Technologies
PerkinElmer
Agilent Technologies
Spectris
Honeywell
Merck
TSI Incorporated
Tisch Environmental
Testo
Covide-19 Impact:
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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Method of Research:
Fail-safe, modern research methodologies are employed for the Air Quality Monitoring System market analysis. An exhaustive primary and secondary research conducted on the market using robust research techniques aid in the prediction of the market size at the end of forecast period. Top-up and bottom-down approaches were maintained in the entire market study.
Report Coverage:
Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
Comprehensive insights into the regional developments.
List of major industry players.
Key strategies adopted by the market players.
Latest industry developments such as product launches, partnerships, mergers, and acquisitions.
Driving Factors:
Rising Developments in Emerging Countries to Propel Market Growth
The market is anticipated to witness prominent growth during the forecast period owing to the rising initiatives by the government for environment conservation. Surging demand for smart city development projects in developing countries is likely to propel market growth. Furthermore, the increasing investments by government and non-government organizations to finance the projects bolster market expansion by increasing production rate and business profitability. Requirement for improved and pollution free air is likely to ensure air quality monitoring system market growth in the upcoming years.
However, high production and maintenance costs may hinder the market growth.
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Segmentation:
Indoor Monitors to Stimulate Market Growth
By monitor type, the market is bifurcated into indoor monitors and outdoor monitors.
Based on the end-users, the market is segmented into commercial & residential, public infrastructure, power generation plants, pharmaceutical industry, and others.
Finally, by region, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Regional Insights:
Asia Pacific Dominates Market Due to Modernization
Asia Pacific holds the most prominent global air quality monitoring system market share wherein 2020 the region stood at USD 1.54 billion and dominated the market. Modernization and developing industrial infrastructures are expected to drive the market during the forecast period.
North America holds the second-largest global market position owing to the presence of key manufacturers in the industry. Innovation in the industry is likely to propel market growth and sustain the market position.
Major Table of Content:
Introduction
Executive Summary
Market Dynamics
Key Insights
Air Quality Monitoring System Market Analysis, Insights and Forecast, 2022-2028
North America Air Quality Monitoring System Market Analysis, Insights and Forecast, 2022-2028
Europe Air Quality Monitoring System Market Analysis, Insights and Forecast, 2022-2028
Asia Pacific Air Quality Monitoring System Market Analysis, Insights and Forecast, 2022-2028
Middle East and Africa Air Quality Monitoring System Market Analysis, Insights and Forecast, 2022-2028
Latin America Air Quality Monitoring System Market Analysis, Insights and Forecast, 2022-2028
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile
Continue….
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Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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