Particulate Matter Sensor Market is Expected to Reach $2.5 billion by 2025


Posted August 25, 2020 by rohitkurup99

Owing to the advantages the dramatic decline in the air quality across the globe is expected to be the primary driver for the growth of the particulate matter sensor market.

 
Particulate Matter Sensor market is expected to reach $2.5 billion by 2025 at a CAGR of 5.6% during the forecast period 2020-2025. Owing to the advantages the dramatic decline in the air quality across the globe is expected to be the primary driver for the growth of the particulate matter sensor market. Similarly, rising health concerns among the individuals arising due to the poor quality is also one of the factors assisting the market growth. Moreover, the governments of various countries across the globe are taking severe measures in order to combat pollution. These governments conduct tests at various locations with the help of air quality monitoring systems and impose restrictions in order to prevent air pollutants from exceeding the prescribed limits. Hence these initiatives and benefits accelerate the particulate matter sensor size in the forecast period 2020-2025.

Key Takeaways

PM2.5 is growing at a highest CAGR of 8.5% in the forecast period owing to the advantages of performing more accurately in a variety of tough industrial environments and having ability to respond any environmental conditions in real-time.

North America dominated the market by a market share of more than 39% in 2019, owing to stringent and well-established pollution control laws and regulations by the U.S. Environmental Protection Agency (EPA) and Canada’s Canadian Environmental Assessment Agency (CEAA).

Government of India is aiming to install 300 real-time air quality monitoring systems across the country by 2024 as a part of the National Clean Air Programme (NCAP) initiated in 2017
Particulate Matter Sensor top 10 companies include Infineon Technologies AG, Sensidyne, AMETEK Land, Delphi Technologies, Robert Bosch GmbH, Thermo Fisher Scientific, Yokogawa Electric Corporation, Tritech, Airy Technology, Inc., Honeywell among others.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=19233

By Geography - Segment Analysis

North America dominated the market by a market share of more than 39% in 2019, owing to stringent and well-established pollution control laws and regulations by the U.S. Environmental Protection Agency (EPA) and Canada’s Canadian Environmental Assessment Agency (CEAA). According to World Health Organization (WHO) reports airborne particulate matter has the biggest environmental risk to health, with responsibility for about one in every nine deaths annually. 

Drivers – Particulate Matter Sensor Market

Stringent government regulations
 
Rising adoption and easy integration of Particulate matter sensor
 

Market Landscape

 Particulate Matter Sensor top 10 companies include Infineon Technologies AG, Sensidyne, AMETEK Land, Delphi Technologies, Robert Bosch GmbH, Thermo Fisher Scientific, Yokogawa Electric Corporation, Tritech, Airy Technology, Inc., and Honeywell among others.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By rohitkurup99
Business Address https://www.industryarc.com/
Country India
Categories Automotive , Business , Reports
Tags particulate matter sensor market , particulate matter sensor market forecast , particulate matter sensor market growth , particulate matter sensor market report , particulate matter sensor market share , particulate matter sensor market size
Last Updated August 25, 2020