New York, NY, March 12, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Air Quality Monitoring Market by Product Type (Indoor Monitors, Portable Monitors, Outdoor Monitors, and Others), by Pollutants (Chemical Pollutants, Physical Pollutants, and Biological Pollutants) for End Users (Oil & Gas, Power Generation Plants, Government Agencies & Academic Institutes, Commercial & Residential Users, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2023”. According to the report, global air quality monitoring market was valued at approximately USD 4.20 Billion in 2017 and is expected to reach approximately USD 6.78 Billion by 2023, growing at a CAGR of around 8.31% between 2018 and 2023.
Many industries such as manufacturing, construction, oil & gas, etc. are producing obvious pollutants from their operations which are of serious concern for human health and impact on the environment. Air quality monitoring system examines the quality of air and the impact of air pollution on human health by using specialized devices. To check any violation of air quality standards and to gather information and knowledge for corrective and precautionary air pollution measures many public or private organizations use air quality monitoring (AQM) devices. These devices also used for monitoring wind-based movement, dispersion, dry deposition, chemical transformation, and precipitation of generated pollutants. The main environmental concern from industrial equipment and machinery are emissions of air pollutants that affect air quality, climate change and cause a major health burden for industrial workers.
Browse through 73 Tables & 29 Figures spread over 110 Pages and in-depth TOC on "Global Air Quality Monitoring Market: Industry Type, Size, Share, Trends and Forecast 2016 – 2022”.
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Increasing adoption of AQM (air quality monitoring) stations in different industries is anticipated to fuel the growth of air quality monitoring market across the globe. It is generally accepted that whilst measurements from air quality stations are highly accurate, they are not sufficiently location-specific. A new generation air quality monitor stations provide localized and real-time air quality readings. Increasing awareness of adverse effects of air pollution on human health coupled with the increased enforcement of stringent government regulations further drives the growth of air quality monitoring market. The huge growth in emerging economies and technological advancements for air quality monitoring system are expected to drive the growth of air quality monitoring market. However high production cost of air quality monitoring devices and limitations associated with those devices are expected to hamper the growth of air quality monitoring market.
North America has the largest share in air quality monitoring market due to the adoption of technologically advanced air quality monitoring devices. Increasing adoption of air quality monitoring systems by U.S. government agencies further drives the growth of North America air quality monitoring market. According to the U.S. Embassy in Hanoi, air quality monitors are installed in some of its facilities to provide information to help protect the health of American personnel and citizens overseas in collaboration with the U.S. Environmental Protection Agency (EPA). Moreover, ongoing technological advancements in the field of gas analyzers & particulate sensors have been propelling the growth of air quality monitoring market in North America region.
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Europe exhibits a notable demand for air quality monitoring devices and has been witnessing moderate growth in air quality monitoring market. Growing establishment of air quality monitoring sites in different regions of the European Union primarily drives air quality monitoring market in Europe. According to the European Environment Agency, most countries in Europe have a substantial number of air quality monitoring sites in operation. The fact sheet derives that the largest states in European Union have the most sites. For instance, France has close to 900 sites, Germany has more than 500 sites, Spain has about 1000 sites, and the UK has about 80 active sampling and over 1100 passive sampling sites.
Asia Pacific air quality monitoring market is expected to grow at the highest CAGR during the forecast period. This is primarily due to large-scale industrialization in Asian countries such as China, India, and Japan. Many industries in this region exhibit favorable interest to use air quality monitoring stations in their respective factory sites. Initiations such as Clean Air Asia, which centers on programs such as air quality and climate change, low emissions and urban development, clean fuels, and vehicles, are expected to further boost the growth of air quality monitoring market in Asia Pacific. Clean Air Asia is established in 2001 with assistance from the World Bank, Asian Development Bank and United States-Asia Environmental Partnership (US-AEP).
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Latin America is expected to witness moderate growth in air quality monitoring market due to stringent government regulations pertaining to the monitoring and controlling air pollution. This has consequently increased the demand for air quality monitoring devices in Latin America. According to the Air Quality Report of the State of Sao Paulo, due to extensive use of air quality monitoring stations, the concentration of pollutants in the Greater Sao Paulo has decreased. Growing adoption of advanced gas analyzers & particulate sensors in the field of oil & gas industry has been spurring the demand for air quality monitoring devices in Middle East & Africa.
Key players profiled in the global air quality monitoring market include Thermo Fisher Scientific, Inc., Teledyne Technologies Inc., Siemens AG, Emerson Electric Co., General Electric Company, 3M Company, HORIBA, Ltd., MERCK KGaA, TSI, Inc., Servomex Group Ltd., Testo AG and others.
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The market segments air quality monitoring into:
Global Air Quality Monitoring Market: Product Type Segment Analysis
- Indoor Monitors
- Portable Monitors
- Outdoor Monitors
- Others
Global Air Quality Monitoring Market: Pollutant Segment Analysis
- Chemical Pollutants
- Physical Pollutants
- Biological Pollutants
Global Air Quality Monitoring Market: End-User Segment Analysis
- Oil & Gas
- Power Generation Plants
- Government Agencies & Academic Institutes
- Commercial & Residential Users
- Others
Global Air Quality Monitoring Market: Regional Segment Analysis
- North America
- The U.S.
- Rest of North America
- Europe
- France
- The U.K.
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- Southern Africa
- Rest of MEA
- Latin America
- Brazil
- Rest of Latin America
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