Air Quality Monitoring System Market to Witness Steady Growth through 2028

by Devesh Guwal on Aug 3, 2023 Business 99 Views

Stratview Research has published a new report titled “Air Quality Monitoring System Market” which is segmented by Sampling Method Type (Active/Continuous Monitoring, Manual Monitoring, Passive Monitoring, Intermittent Monitoring, and Stack Monitoring), by Pollutant Type (Chemical Pollutants, Physical Pollutants, and Biological Pollutants), by Product Type (Indoor Monitors, Outdoor Monitors, and Wearable Monitors), by End-User Type (Government Agencies and Academic Institutes; Commercial and Residential Users; Petrochemical Industry; Power Generation Plants; Pharmaceutical Industry; Smart City Authorities; and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Air quality monitoring system market is expected to grow from USD 4.62 billion in 2021 to USD 7.15 billion by 2028 at a CAGR of 6.4% during the forecast period. The growing demand for air quality monitoring system is mainly due to supportive government regulations for effective air pollution monitoring and control.

Report Highlights

This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -

Based on the sampling method type, the market is segmented as active/continuous monitoring, manual monitoring, passive monitoring, intermittent monitoring, and stack monitoring. The active/continuous monitoring segment currently holds the largest share of the market and is expected to remain dominant during the forecast period. Supportive stringent government regulations regarding effective air pollution monitoring across significant markets and development in the ongoing advanced continuous monitoring systems are giving a boost to the growth of the segment.

Based on the product type, the market is segmented as indoor monitors, outdoor monitors, and wearable monitors. The indoor monitors’ segment is expected to remain the dominant as well as the fastest-growing segment during the forecast period due to the increasing adoption of green-building technologies and smart home and growing consumer preference for pollution-free indoor environments.

Based on the end-user type, the air quality monitoring system market is segmented as government agencies and academic institutes; commercial and residential users; petrochemical industry; power generation plants; pharmaceutical industry; smart city authorities; and other end users. The government agencies and academic institutes segment leads the market owing to stringent environmental regulations, increased installation of air quality monitoring stations worldwide and rising government investments for effective air quality monitoring.

Which Region is expected to remain the largest market?

In terms of regions, North America is estimated to be the largest, whereas Asia-Pacific is likely to be the fastest-growing air quality monitoring system market during the forecast period. Stringent regulations in the US regarding air quality monitoring and control is contributing to the North American market. China and India are the major countries of the Asia-Pacific region offering high growth opportunities during the forecast period.

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Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.

Article source: https://article-realm.com/article/Business/49239-Air-Quality-Monitoring-System-Market-to-Witness-Steady-Growth-through-2028.html

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