According to a recent report by Reports and Data, the global air quality monitoring system market size was USD 5.33 billion in 2022, and it is expected to grow at a revenue CAGR of 6.8% over the forecast period. The increasing levels of air pollution worldwide have led governments to impose stricter regulations, resulting in a surge in demand for air quality monitoring devices. Technological advancements in IoT and AI have led to the development of more sophisticated and user-friendly air quality monitoring systems, driving their increased usage.
Additionally, there is a growing need for air quality monitoring devices in the construction sector to monitor air quality during construction and repair activities. The particulate matter segment is expected to generate the most revenue during the forecast period. The North American market is predicted to account for the highest revenue share.
Some major companies profiled in the report include Siemens AG, Honeywell International Inc., and General Electric Company, among others. The report highlights Honeywell's new X-STREAM real-time air quality monitoring system, TSI Incorporated's AQMesh air quality monitoring system, and Thermo Fisher Scientific's new Air Quality Monitoring Platform as state-of-the-art solutions for air quality monitoring.
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Some of the major companies profiled in the worldwide market report are Siemens AG, Honeywell International Inc., General Electric Company, Rockwell Automation, Inc., 3M, NEC Corporation, Drägerwerk AG Co. KGaA, Robert Bosch GmbH, Thermo Fisher Scientific Inc., AMETEK, Inc., TSI Incorporated, Teledyne Technologies Inc., KANOMAX USA, Inc., Testo SE Co. KGaA, and ENVEA (ex Environnement S.A Group)
Driving Factors of Air Quality Monitoring System Market
The global air quality monitoring system market is driven by several factors. The primary factor is the increasing levels of air pollution worldwide, which has resulted in a surge in demand for air quality monitoring devices. Governments worldwide have imposed stricter regulations to monitor and control air pollution levels, which has led to the development of more advanced and sophisticated air quality monitoring systems. Technological advancements, particularly in the areas of IoT and AI, have led to the development of more precise and user-friendly air quality monitoring systems, driving their increased usage.
Another factor driving the market growth is the expansion of the construction sector, which has increased the need for air quality monitoring devices to monitor the air quality during construction and repair activities. The market is also driven by the increasing awareness among individuals and organizations about the harmful effects of air pollution on health and the environment. This has resulted in a growing demand for air quality monitoring devices for both residential and commercial purposes.
Additionally, the particulate matter segment is predicted to generate the most revenue during the forecast period. The sensor category is expected to generate the highest revenue share throughout the estimated period. The North American market is predicted to account for the highest revenue share due to the presence of both public and private institutions actively involved in air quality monitoring and control.
Overall, the air quality monitoring system market is expected to witness significant growth in the coming years due to the increasing need for air quality monitoring devices and the continuous advancements in technology.
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For the purpose of this report, Reports and Data has segmented the global air quality monitoring system market on the basis of Product type, Pollutant, Component, End-use, and region:
Product Outlook (Revenue, USD Billion; 2022-2032)
- Indoor
- Outdoor
Pollutant Outlook (Revenue, USD Billion; 2022-2032)
- Particulate matter
- Sulphur Dioxide
- Nitrogen Oxides
- Others
Component Outlook (Revenue, USD Billion; 2022-2032)
- Sensors
- Data Loggers
- Display and Control Units
End-Use Outlook (Revenue, USD Billion; 2022-2032)
- Residential
- Commercial
- Industrial
Regional Outlook (Revenue, USD Billion; 2022-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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