Air Quality Monitoring System (AQMS) Market Size Worth USD 6.78 Billion in 2028 | Increasing adoption of green-building technologies
The global air
quality monitoring system (AQMS) market size is expected to reach USD
6.78 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen
Research. Key factors driving market revenue growth are increasing government
initiatives to effectively control and monitor air pollution levels, constant
investment for effective air pollution monitoring solutions, and ongoing
technological developments of advanced continuous air quality monitoring
systems. Air quality monitoring is a process of determining the quality of air,
evaluating control programs, and detecting areas requiring restoration.
Increasing concerns regarding cardiovascular and respiratory disorders
resulting from air pollution have increased demand for air pollution monitoring
systems in different industries such as petrochemical industries, power
generation plants, pharmaceutical industry, and residential and commercial
industries.
The report is updated with the COVID-19 crisis and its
subsequent impact on the economic scenario. The crisis has resulted in a
drastic change in the economic landscape on a global level. The report also
provides a study about COVID-19 impact on the market size and the present and
future impact of the COVID-19 pandemic.
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The research study on the global air quality
monitoring system market provides a
complete detail-oriented assessment of this market and provides an accurate
evaluation of market tendencies such as revenue estimations and shares, current
market value, future market valuation, and market size over the forecast years.
The report focuses on the evaluation of the given market in major regions and
the countries included in those regions. The report provides details of the
market considering the geographical landscape that includes North America, Latin America, Asia Pacific,
Europe, and Middle East & Africa.
The report aims to provide a determining analysis of
the market competition to help the user make a pivotal business analysis. The
complete portfolios of the key companies, including their production capacity,
revenue share and size, gross margin, sales revenue and margin, growth rate,
along with their business strategies and technological developments, have been
discussed in the report. The companies operating in the market and profiled in
the report include Key players operating in the
market are Thermo Fisher Scientific, Emerson Electric, General Electric,
Siemens AG, Teledyne Technologies, PerkinElmer, Inc., Agilent Technologies,
Inc., Spectris plc., 3M Company, and Honeywell International Inc.
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The research study also focuses on a comprehensive
analysis of market trends, driving factors and constraints affecting the market
growth, and opportunities for business development and expansion.
Some Key Findings From the Report:
- In January 2021, Jawaharlal Nehru Port Trust opened a continuous
ambient air quality monitoring station (CAAQMS) at the port operation
center in Mumbai, India. The CAAQMS monitors real-time parameters like
particulate matter, sulfur dioxide, nitrogen dioxide, ammonia, ozone, CO,
NOx, NO, and VOCs.
- Outdoor monitors system segment is expected to register a 5.7%
revenue CAGR throughout the forecast period. Indoor monitors segment
accounted for largest share in the global market in 2020. This can be
attributed to increasing adoption of green-building technologies and smart
homes and rising preference for pollution-free indoor environments.
- Asia Pacific is expected to register the fastest revenue CAGR
throughout the forecast period, which can be attributed to major
prevalence of cardiovascular and respiratory diseases due to rising air
pollution, rapid industrialization, and government initiatives for
commercialization and development of AQMS in countries in the region.
The report further discusses in detail the market
segmentation based on types and applications.
Market segmentation by type:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Indoor Monitors
- Fixed
- Portable
- Outdoor Monitors
- Fixed
- Portable
- AQM Stations
- Dust & Particulate
- Wearables
Sampling Method Outlook (Revenue, USD Billion;
2018–2028)
- Continuous Monitoring
- Passive Monitoring
- Intermittent Monitoring
- Manual Monitoring
- Stack Monitoring
Market segmentation by application:
Pollutant Outlook (Revenue, USD Billion; 2018-2028)
- Physical Pollutants
- Chemical Pollutant
- Biological Pollutants
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Residential and Commercial Industry
- Government Agencies and Academic Institutions
- Petrochemical Industry
- Power Generation Plants
- Pharmaceutical Industry
- Smart City Authority
- Others
Major benefits of the air
quality monitoring system report:
·
The
report discusses in detail the changing dynamics of the competitive landscape
·
The
report provides detail-oriented futuristic prospects of factors driving the
growth of the market and limitations affecting the market growth
·
The
report gives a comprehensive analysis of the changing dynamics of the market
owing to the current scenario
·
The
report encompasses a detailed forecast for the years 2020-2028
·
The
report provides valuable insights on key market growth driving trends and
monetary competence in the forecast timeline
To know more about the
report, visit @ https://www.emergenresearch.com/industry-report/air-quality-monitoring-system-market
The report also provides a detailed analysis of
consumption and market value depending on each geographical region. The report
aims to provide beneficial information that might help in formulating new
business strategies and expansion plans. SWOT analysis is also offered in this
report. Research findings and conclusions are offered through detailed graphs,
tables, charts, and figures.
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