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Growth of the AQMS market include the supportive government regulations for effective air pollution monitoring and control associated with the rising levels of air pollution, initiatives towards the development of environment-friendly industries, and increasing public awareness related to the environmental and healthcare implications of air pollution.
The global air quality monitoring system market is projected to reach USD 6.0 billion by 2025 from USD 4.3 billion in 2019, at a CAGR of 5.6%.
Based on the product, the market is segmented into indoor monitors (comprising fixed and portable monitors), outdoor monitors (comprising fixed, portable, dust, and particulate monitors as well as AQM stations), and wearable monitors. The indoor monitor’s segment dominated the AQMS market in 2018. Whereas, the outdoor monitor’s segment is expected to witness the highest growth rate during the forecast period owing to the increasing industrial use of ambient air pollution monitoring systems and expansions in the end-user base of fixed outdoor monitors across various locations globally.
Based on the sampling method, the air quality monitoring systems market is categorized into five segments-continuous, passive, intermittent, manual, and stack sampling. The continuous sampling method segment accounted for the largest share in 2018. This can be attributed to the implementation of supportive government regulations for effective air pollution monitoring across significant markets, ongoing development of advanced continuous monitoring systems, and a large installation base for continuous air monitoring stations.
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On the basis of end-user, the market is segmented into government agencies and academic institutes, commercial and residential users, petrochemical industry, power generation plants, pharmaceutical industry, smart city authority, and other end users. The government agencies and academic institutes segment accounted for the largest share in 2018. The large share of this segment can be attributed to the presence of stringent environmental regulations, rising government investments for effective AQM, and increased installation of AQM stations worldwide.
Geographical Region Covered
The air quality monitoring systems market is segmented into four major regions, namely, North America, Europe, the Asia Pacific, and Rest of the World. The Asia Pacific region is one of the major revenue-generating regions in the market. This market is also expected to show high growth in the coming years, mainly due to large-scale industrialization in emerging APAC countries, increasing stringency of air pollution regulations, and continuous government support for the development and commercialization of advanced AQM products in this region.
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Leading Companies
Thermo Fisher Scientific (US), Emerson Electric (US), General Electric (US), Siemens AG (Germany), Teledyne Technologies (US), PerkinElmer, Inc. (US), Agilent Technologies, Inc. (US), Spectris plc (UK), 3M Company (US), Honeywell International Inc (US), HORIBA, Ltd. (Japan), Merck KGaA (Germany), TSI Incorporated (US), Tisch Environmental (US), Testo (Germany), Aeroqual (New Zealand), Forbes Marshall (India), Plume Labs (France), Atmotube (US), Oizom (India), Ecotech Group (France), Vaisala Oyj (Finland), TZOA (Canada), TE Connectivity (Switzerland), and E.S.I. Environmental Sensors Inc. (Canada), among others.
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