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Increasing Levels Of Air Pollution Propel Growth Of Air Quality Monitoring System Market: A Key Factor Shaping the Future of the Air Quality Monitoring System Market in 2025
Air Quality Monitoring System Market
The air quality monitoring system market is set to experience expansion in the forthcoming years, primarily driven by escalating levels of air pollution. This pollution is characterized by the influx of pollutants into the air, predominantly in the shape of carbon dioxide, methane gases, or other chemically-infused gases. The proliferation of air pollution paves the way for the expansion of air quality monitoring systems, which are instrumental in measuring the amounts of these pollutants. A report by the World Health Organization states that approximately 7 million people globally succumb to death annually due to air pollution. Furthermore, the American Lung Association's 2021 State of the Air report establishes that over 135 million people, equating to four out of every ten Americans, inhabit areas with detrimental levels of air pollution. Consequently, the surge in air pollution acts as a catalyst for the growth of the air quality monitoring system market.
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What growth opportunities are expected to drive the air quality monitoring system market's CAGR through 2034?
The market size of the air quality monitoring system has seen robust growth in the recent past. The market is projected to expand from $6.54 billion in 2024 to $7.09 billion in 2025, registering a compound annual growth rate (CAGR) of 8.4%. This growth during the historic period can be credited to the escalating concerns over air pollution and environmental health, rigorous government laws and environmental norms, an increase in cognizance about indoor air quality (iaq) issues, a surge in the prevalence of respiratory conditions and allergies, coupled with growth in industrial activities and urbanization.
The market size for air quality monitoring systems is anticipated to experience swift expansion in the forthcoming years. Its projected growth is set at a compound annual growth rate (CAGR) of 10.4%, expected to reach $10.54 billion by 2029. The predicted expansion during this period can be credited to several factors, including growing public awareness of, and demand for, real-time air quality information, integration with internet of things (iot) and smart building systems, augmenting health and wellness issues in commercial areas, government initiatives aimed at enhancing air quality and monitoring, and market growth in emerging economies. Key trends forecasted for this timeline encompass advancements in sensor and monitoring technology, smartphone and mobile application integration, voc (volatile organic compounds) monitoring, real-time data feedback and alerts, as well as the integration with HVAC and building automation systems.
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What are the emerging trends shaping the future of the air quality monitoring system market?
The prominence of technological innovations is increasingly recognizable in the air quality monitoring system industry. Renowned companies in this field are concentrating on creating tech-driven solutions to fulfill customers' needs. For instance, Renesas Electronics Corporation, a Japanese company specializing in semiconductor solutions, introduced the RRH62000, a multi-sensor air quality module in August 2024. This compact module incorporates several sensor parameters, facilitating precise identification of different particle sizes, volatile organic compounds, and harmful gases. Alongside a Renesas microcontroller (MCU), the module offers tailored sensor management for a growing range of air monitoring uses, such as air purifiers, smoke detectors, HVAC systems, weather stations, and smart home systems. Furthermore, its sturdy firmware guarantees that customer products adhere to multiple international air quality regulations.
Which growth-oriented segments of the air quality monitoring system market are leading the industry's development?
The air quality monitoring system market covered in this report is segmented -
1) By Product Type: Indoor, Outdoor
2) By Component: Hardware, Software
3) By Pollutant: Chemical, Physical
4) By End User: Industrial, Commercial, Residential
Subsegments:
1) By Indoor Air Quality Monitoring Systems: Fixed Indoor Air Quality Monitors, Portable Indoor Air Quality Monitors, Smart Indoor Air Quality Monitors, Integrated HVAC Air Quality Monitors
2) By Outdoor Air Quality Monitoring Systems: Fixed Outdoor Air Quality Monitors, Mobile Outdoor Air Quality Monitors, Remote Sensing Outdoor Air Quality Monitors, Air Quality Monitoring Stations
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What regions are leading the charge in the air quality monitoring system market?
North America was the largest region in the air quality monitoring system market in 2024. The regions covered in the air quality monitoring system market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the air quality monitoring system market?
Major companies operating in the air quality monitoring system market include Thermo Fisher Scientific Inc., Emerson Electric Co., General Electric Company, Siemens Aktiengesellschaft, Teledyne Technologies Incorporated, PerkinElmer Inc., Agilent Technologies Inc., TE Connectivity Ltd., 3M Company, Honeywell International Inc., Horiba Ltd., Merck KGaA, TSI Incorporated, Tisch Environmental Inc., Testo SE & Co. KGaA, Plume Labs SAS, Aeroqual Limited, Forbes Marshall Private Limited, Hawa Dawa GmbH, Kaiterra Inc., AirVisual Limited, IQAir North America Inc., BreezoMeter Ltd., AirNow Technologies Inc., PurpleAir LLC., Sensirion AG, Alphasense Limited, GDS Technologies Ltd., Ecotech Pty Ltd.
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What Is Covered In The Air Quality Monitoring System Global Market Report?
•Market Size Forecast: Examine the air quality monitoring system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the air quality monitoring system market for a structured understanding.
•Key Players Overview: Analyze major players in the air quality monitoring system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the air quality monitoring system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the air quality monitoring system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the air quality monitoring system market.
•Industry Challenges: Identify potential risks and obstacles affecting the air quality monitoring system market.
•Competitive Landscape: Review strategic developments in the air quality monitoring system market, including expansions, agreements, and new product launches.
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