Air Quality Monitoring System Market Size Will Reach USD 6.2 Billion by 2026, at CAGR of 6.5%: Facts & Factors

November 25, 2021

[206+ Pages Research Study] According to market research study published by Facts and Factors, the demand analysis of global Air Quality Monitoring System Market size & share revenue is expected to grow from USD 4.3 Billion in 2020 to reach USD 6.2 Billion by 2026, at 6.5% annual CAGR during 2021-2026. The market player’s profiles included in report with their sales, revenues and strategies are 3M Manufacturing, Emerson Electric Co., General Electric Company, HORIBA Ltd., Merck, Siemens AG and Others.

/EIN News/ -- New Jersey, United Kingdom, Nov. 25, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Air Quality Monitoring System Market By Product (Indoor & Outdoor), By Pollutant Type (Chemical & Physical), By Component (Hardware, Software, & Services), By End-User (Residential, Commercial, & Industrial), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” in its research database

“According to the latest research study, the demand of global Air Quality Monitoring System Market size & share expected to reach to USD 6.2 Billion by 2026 from USD 4.3 Billion in 2020, at a compound annual growth rate (CAGR) of 6.5% during the forecast period 2021 to 2026”

What is Air Quality Monitoring System? Report Overview & Coverage:

Air quality monitoring systems (AQMS) are equipment that has the ability to regulate wind speed, direction, and other weather parameters in terms of measuring the concentration of air pollutants such as SO2, NOx, CO, O3, and THC. The measures data has the ability to be monitored remotely and exported in various formats for the local users and authorities. It is then published after being converted into readable and scalable data that the layman can understand in the form of charts and figures.

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Industry Major Market Players

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Market Growth Drivers

The global air quality monitoring system market is occupied by driving factors such as the rising levels of air pollution, increasing number of supportive government initiatives, and increasing consumer awareness regarding environmentally friendly measures to name a few. Additionally, increasing public-private funding for effective air pollution solutions coupled with a continuous cycle of R&D activities is expected to increase the footprint of the global air quality monitoring system market during the advent of the forecast period. Moreover, technological advancements coupled with increasing incidences of asthma, chronic obstructive pulmonary disease, lung cancer, and cardiovascular problems are expected to fuel the growth of the global air quality monitoring system market during the advent of the forecast period.

The global air quality monitoring system market is driven by rising air pollutants on a global purview coupled with significant influence on the atmosphere such as acid rain, rising toxic levels, and global warming to name a few. The rising adoption of air quality monitoring systems in the sector of manufacturing, automotive, and oil & gas coupled with rising collaborations and mergers & acquisitions is expected to fuel the growth of the global air quality monitoring system market during the advent of the forecast period. However, a higher cost of implementation coupled with a high production cost is expected to hamper the growth of the global air quality monitoring system market during the advent of the forecast period.       

Global Air Quality Monitoring System Market: Report Scope

Report Attribute Details
Market Size 2020 Value USD 4.3 Billion
Market Forecast for 2026 USD 6.2 Billion
Expected CAGR Growth CAGR 6.5% from 2021-2026
Base Year 2020
Forecast Year 2021-2026
Top Market Players 3M Manufacturing, Emerson Electric Co., General Electric Company, HORIBA Ltd., Merck, Siemens AG, and Others
Segments Covered Product, Pollutant Type, Component, End-User, and Region
Geographies Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Pricing Options Request customized purchase options to meet your research needs. Explore purchase options

Market Segmentation

On the basis of product, the global air quality monitoring system market is divided into indoor and outdoor. The outdoor installations segment is expected to witness the largest market share during the advent of the forecast period owing to increased integration of activities in association with smart cities coupled with rising government mandates for improving air quality in their boroughs to name a few. Based on pollutant type, the global air quality monitoring system market is classified into chemical and physical. The segment pertaining to chemicals is expected to occupy the largest market share during the advent of the forecast period owing to rising vehicular emissions such as carbon monoxide coupled with an increasing number of capnography tests towards anesthesia and intensive medical services to name a few. On the basis of components, the global air quality monitoring system market is fragmented into hardware, software, and services. The hardware category is expected to witness the largest market share during the advent of the forecast period owing to the rising number of system integrators in the sector coupled with the integration of IoT-based services in the latter to name a few. On the basis of end-user, the global is categorized into residential, commercial, and industrial. The segment pertaining to industrial is expected to witness the largest market share during the advent of the forecast period owing to increasing adoption of air quality monitoring systems from various sectors coupled with increasing demand for natural gas and petroleum sources to name a few.

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Also Read, Press Release on Global Air Quality Monitoring System Market Size & Share, 2021-2026

Regional Dominance:

North America is expected to witness the largest market share during the advent of the forecast period owing to rising levels of acidic rains in the region coupled with an increasing amount of government-based initiatives for improving air quality to name a few. Additionally, the presence of well-established distribution channels and rising disposable income among consumers leading to an increased volume of indoor air quality monitoring systems will lead to an increased footprint for the air quality monitoring system market during the advent of the forecast period.  Asia-Pacific is expected to witness the fastest growing CAGR during the advent of the forecast period owing to the increasing prevalence of respiratory and cardiovascular diseases in the region coupled with favorable government policies to name a few.

Browse the full “Air Quality Monitoring System Market By Product (Indoor & Outdoor), By Pollutant Type (Chemical & Physical), By Component (Hardware, Software, & Services), By End-User (Residential, Commercial, & Industrial), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026" report at https://www.fnfresearch.com/air-quality-monitoring-system-market-report

The report on the global Air Quality Monitoring System market is segmented into:

Global Air Quality Monitoring System Market: By Product Segment Analysis

Global Air Quality Monitoring System Market: By Pollutant Type Segment Analysis

Global Air Quality Monitoring System Market: By Component Segment Analysis

Global Air Quality Monitoring System Market: By End-User Segment Analysis

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