Press release
Air Quality Monitoring Market: Size (US$ 8.8 Billion), Key Trends, Share 2024, Growth Insights, and Forecast 2032
Air Quality Monitoring Market
According to the latest report by IMARC Group, titled "Air Quality Monitoring Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," offers a comprehensive analysis of the air quality monitoring market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. the global air quality monitoring market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.
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Air Quality Monitoring Market Trends:
The global market is primarily driven by continual technological advancements that are making monitoring systems more accurate and accessible. Moreover, heightened environmental regulations aimed at reducing pollution levels are pushing governments and industries to adopt these systems. Urbanization and industrialization are contributing to the deterioration of air quality, further propelling the need for effective monitoring.
Additionally, growing public awareness regarding health risks associated with poor air quality is fueling market expansion. Furthermore, the rise in the incidence of respiratory diseases linked to air pollution is creating an urgent need for monitoring solutions. Besides, the increasing number of smart city projects is integrating air quality monitoring technologies into their infrastructure. The demand is also driven by corporate sustainability initiatives focusing on environmental accountability. Besides, the adoption of low-cost air quality monitoring systems in emerging markets is adding momentum to the industry.
Leading Key Players Operating in the Air Quality Monitoring Industry:
* Thermo Fisher Scientific Inc.
* Siemens Aktiengesellschaft
* Teledyne Technologies
* Emerson Electric Co.
* General Electric Company
* 3M
* HORIBA Ltd.
* Merck KGaA
* Aeroqual Limited
* TSI Incorporated
* Testo India Pvt. Ltd.
* Honeywell International Inc.
* Agilent Technologies Inc.
* TE Connectivity Corporation
* Tisch Environmental Inc.
* Investis Limited
Global Air Quality Monitoring Market Scope and Growth Prospects:
The scope of the market is broadening due to the development of advanced sensor technologies that is enabling more comprehensive and real-time data collection. This growth is further supported by the increasing adoption of these systems in diverse sectors such as manufacturing, transportation, and construction. Moreover, regulatory bodies are enforcing stricter guidelines, expanding the market's reach across multiple industries.
Besides, the growing trend of using air quality data for research, environmental studies, and public health initiatives is another factor broadening the market scope. The rise of cloud-based platforms for data management and analytics also supports the market, providing enhanced accessibility and functionality. Furthermore, the expansion of smart city projects globally, coupled with increased investment in environmental monitoring, highlights the market's growth potential.
Visit Now for a Single User License: https://www.imarcgroup.com/checkout?id=1302&method=502 [https://www.imarcgroup.com/checkout?id=1302&method=502]
Air Quality Monitoring Industry - Major Market Segmentation
Our report has categorized the market based on region, product type, pollutant, sampling method and end-user.
Breakup by Product Type:
* Indoor Monitors
* Outdoor Monitors
* Wearable Monitors
Outdoor monitors account for the majority of the market share.
Breakup by Pollutant:
* Chemical Pollutant
* Physical Pollutant
* Biological Pollutant
Chemical pollutant holds the largest share of the industry.
Breakup by Sampling Method:
* Active/Continuous Monitoring
* Passive Monitoring
* Intermittent Monitoring
* Stack Monitoring
Active/continuous monitoring represents the leading market segment.
Breakup by End-User:
* Government Agencies and Academic Institutes
* Commercial and Residential Users
* Petrochemical Industry
* Power Generation Plants
* Pharmaceutical Industry
* Others
Breakup by Region:
* North America (United States, Canada)
* Asia Pacific (Germany, France, United Kingdom, Italy, Spain, Others)
* Europe (China, Japan, India, Australia, Indonesia, Korea, Others)
* Latin America (Brazil, Mexico, Others)
* Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
North America leads the market, accounting for the largest air quality monitoring market share.
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Key Highlights of the Report:
* Market Performance (2018-2023)
* Market Outlook (2024-2032)
* Porter's Five Forces Analysis
* Market Drivers and Success Factors
* SWOT Analysis
* Value Chain
* Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
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Phone: +1-631-791-1145
Address:134 N 4th St.
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State: NY
Country: United States
Website: https://www.imarcgroup.com
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