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Air Quality Monitoring System Market Estimated Growth Curve, Trends, Size, Share And Analysis Report 2024-2033
Air Quality Monitoring System Market
The Business Research Company presents an extensive market research report on the ""Air Quality Monitoring System Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Air Quality Monitoring System industry. This report on Air Quality Monitoring System market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The air quality monitoring system market size has grown strongly in recent years. It will grow from $6.06 billion in 2023 to $6.59 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to increased concerns about air pollution and environmental health, stringent government regulations and environmental standards, growth in awareness of indoor air quality (IAQ) issues, rise in incidence of respiratory disorders and allergies, expansion of industrial activities and urbanization. The air quality monitoring system market size is expected to see strong growth in the next few years. It will grow to $9.52 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%.
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Key Market Players:
Thermo Fisher Scientific Inc., Emerson Electric Co., General Electric Company, Siemens Aktiengesellschaft, Teledyne Technologies Incorporated, PerkinElmer Inc., Agilent Technologies Inc.
Market Drivers:
According to the Air Quality Monitoring System Market Report 2024 by The Business Research Company, The growing number of smart homes is expected to boost the growth of the air quality monitoring system market going forward. A smart home refers to a convenient home setup where appliances and devices can be automatically controlled remotely from anywhere with an internet connection using a mobile or other networked device . Smart homes are equipped with various sensors and devices that can be controlled remotely, and air quality monitoring systems can be integrated into these systems to provide real-time information about the air quality inside the home. For instance, in 2023, according to an article published in Oberlo, a dropshipping app, over 60.4 million households in the US will be actively using smart home devices. This is 3% more than in 2022.
More information about the Global Air Quality Monitoring System Market Report -
https://www.thebusinessresearchcompany.com/report/air-quality-monitoring-system-global-market-report
Market segments for Air Quality Monitoring System include:
1) By Product Type: Indoor, Outdoor
2) By Component: Hardware, Software
3) By Pollutant: Chemical, Physical
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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