Press release
Clear Skies Ahead: Particulate Matter Monitoring Market 2024-2033 | Size, Share, and Outlook
The particulate matter monitoring market size has grown rapidly in recent years. It will grow from $1.4 billion in 2023 to $1.57 billion in 2024 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to industrial emissions control, urbanization and population growth, public awareness and environmental concerns, government initiatives for air quality improvement, development of smart cities..The particulate matter monitoring market size is expected to see rapid growth in the next few years. It will grow to $2.48 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to global efforts to combat climate change, focus on environmental data integration, public health initiatives, focus on indoor air quality, global health crises preparedness, advancements in data analytics.. Major trends in the forecast period include integration of sensor technologies, air quality monitoring networks, technological advancements in monitoring devices, collaborations and partnerships, use of satellite-based monitoring, real-time data visualization..
Market Overview -
Particulate matter monitoring refers to a device that measures the level of common air pollutants. They are used for the continuous measurements of particle concentrations as they provide valuable data enabling trends that are to be tracked.
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Surging Oil And Gas Industry Boosts Particulate Matter Monitoring Market
The growing oil and gas industry is expected to propel the growth of the particulate matter monitoring market going forward. The oil and gas industry is the sector that deals with a multi-stage process that includes discovering a resource, conveying it to a refinery, and processing it into a finished product. In the oil and gas sectors, a continuous emission monitoring system (CEMS) is required to determine a gas or particulate matter concentration or emission rate. For example, in March 2021, according to the International Energy Agency (IEA), a France-based autonomous international body, predicts that world oil consumption would rise every year through 2026, reaching 104 million barrels per day (mb/d). Additionally, British Petroleum, a UK-based oil and gas company, natural gas consumption worldwide increased by 5.3% in 2021, surpassing the 4 trillion cubic meters mark for the first time. Therefore the growth of the oil and gas industry is driving the growth of the particulate matter monitoring market.
Competitive Landscape -
Major companies operating in the particulate matter monitoring market report are Aeroqual Ltd., Met One Instruments Inc., Rupprecht & Patashnick Co. Inc., Aerojet Rocketdyne, Pegasor Oy, Ecotech Pty Ltd., Environnement SA, Testo AG, KANOMAX USA Inc., Palas GmbH, PerkinElmer Inc., Teledyne Technologies Incorporated, Tisch International Incorporated, Opsis AB, ACOEM Group, GRIMM Aerosol Technik GmbH & Co. KG, MSP Corporation, GrayWolf Sensing Solutions, FLIR Systems Inc., Naneos GmbH, Particle Measuring Systems, MCZ Centrum s.r.o., Sintrol, Aphekom Consortium, Bristol Industrial & Research Associates, Nephelometer Systems Ltd., The Scoular Company, The Andersons Inc., The Dow Chemical Company .
Tsi Advanced Respirable Silica Monitoring Enhancements In Particulate Matter Monitoring Market
Advancements in particulate matter monitoring are a key trend gaining popularity in the particulate matter monitoring market. Major companies operating in the market are moving toward the use of advanced solutions for the particulate matter monitoring market. For instance, in May 2022, TSI, a US-based company operating in particulate matter monitoring launched enhancements in respirable silica monitoring on its SidePak™ AM520 Personal Aerosol Monitor. The unique features of the product include an ability to store up to 10 custom calibration factors on the instrument, a dual display and data logging of mass concentration for respirable silica, and other Diesel Particulate Monitoring (DPM) applications with enhanced alarm features to set both the mass concentration and response concentration (i.e., action limit) alarm values.
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Key Segments -
The particulate matter monitoring market covered in this report is segmented -
1) By Product Type: Indoor Monitoring, Outdoor Monitoring
2) By Particle Size: PM1, PM2.5, PM5, PM10
3) By Technology: Light Scattering, Beta-Attenuation, Gravimetric, Opacity, Other Technologies
4) By Application: Process Industries, Ambient Air Monitoring, Indoor Air Monitoring, Healthcare, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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