Air Quality Monitoring Market Projected to Be Worth 5.64 Billion USD by 2021


Posted October 12, 2017 by mmvaidya01

This report studies the air quality monitoring (AQM) market over the forecast period of 2016 to 2021. The market is expected to reach USD 5.64 Billion by 2021, at a CAGR of 8.5% from 2016 to 2021.

 
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On the basis of products, the global AQM market is divided into two major categories, namely, indoor and outdoor monitors. Indoor monitors are further divided into fixed and portable monitors. Outdoor monitors are further classified into fixed, portable, dust, and particulate monitors and AQM stations. The indoor monitors segment is estimated to command the larger share in the global air quality monitoring market in 2016.

The AQM market has also been segmented on the basis of sampling method into continuous, manual, passive, and intermittent sampling methods. The continuous monitoring segment is estimated to command the largest share in the global air quality monitoring market in 2016.

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Based on type of pollutants, the chemical pollutants segment is estimated to dominate the global air quality monitoring market in 2016. The largest share of this segment can be attributed to factors such as increasingly stringent government regulations for effective monitoring & control of rising air pollution levels, growing public concerns related to health implications of air pollution, and ongoing development and commercialization of innovative gas & chemical detection sensors.

On the basis of end users, government agencies & academic institutes are expected to command the largest share of the global air quality monitoring market in 2016.

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A number of factors such as the presence of supportive government regulations for effective air pollution monitoring and control, ongoing government initiatives towards the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising global levels of air pollution, and increasing public awareness related to the implications of air pollution on healthcare and environment are propelling the growth of the AQM market.

North America is estimated to be the largest regional segment in the global AQM market in 2016, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR from 2016 to 2021.

Thermo Fisher Scientific, Inc. (U.S.), Teledyne Technologies Inc. (U.S.), Siemens AG (Germany), Emerson Electric Co. (U.S.), General Electric Company (U.S.), Servomex Group Ltd. (U.K.), MERCK KGaA (Germany), TSI, Inc. (U.S.), and Testo AG (Germany) are some key players operating in the global AQM market.

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Issued By Makarand Vaidya
Country United States
Categories Health , Research , Science
Tags air quality monitoring market
Last Updated October 12, 2017