Air Quality Monitoring System Market Size Worth $6.5 Billion by 2025: Grand View Research, Inc.
SAN FRANCISCO, Nov. 20, 2019 /PRNewswire/ -- The global air quality monitoring system market size is expected to reach USD 6.5 billion by 2025, expanding at a CAGR of 6.8% from 2019 to 2025, according to a new report by Grand View Research, Inc. There has been a significant rise in pollutants being released into the atmosphere as a result of increase in the number of automobiles and growing industrialization. In response, government and environmental agencies have implemented stringent laws and regulations regarding exhaust emissions. The use of wireless communication networks for IoT-based air quality monitoring systems (AQMS) is likely to be the future by 2025.
Key suggestions from the report:
Portable indoor quality monitoring systems are expected to gain popularity over the forecast period as they are adopted for short-term air quality studies, checking of pollution hotspots, and personal exposure assessment
The services segment is expected to significantly contribute to market growth over the forecast period as a result of increase in the number of organizations that perform the work of systems integrators. Apart from system integration, these organizations also provide consultancy and maintenance services through long-term contracts
Over exploitation has led to massive desertification, which has resulted in massive rise in physical pollutants in the atmosphere, such as dust particles. Therefore, the physical pollutants monitoring system segment is expected to register the highest CAGR over the forecast period
The food and beverages industry is expected to exhibit the highest CAGR over the forecast period owing to increased cases of food poisoning as result of contamination of food by pollutants in the atmosphere
The Europe market is expected to witness remarkable growth over the forecast period owing to establishment of low emission zones (LEZs) for improving the urban air quality in European countries
Key players in the air quality monitoring system market include 3M; Emerson Electric Co.; General Electric Company; HORIBA, Ltd.; Merck; Siemens AG; Teledyne Technologies Incorporated; and Thermo Fisher Scientific, Inc.
Read 170 page research report with ToC on "Air Quality Monitoring System Market Size, Share & Trends Analysis Report By Product Type (Indoor, Outdoor), By Pollutant (Physical, Chemical), By Component, By End Use (Industrial, Commercial), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/air-quality-monitoring-system-market
Government agencies and smart city authorities are implementing smart city projects that will contribute to preventing deterioration of the environment. Smart city projects in various regions are focusing on adopting advanced technologies to offer improved public amenities, which includes enhancing the quality of air in the city. Furthermore, there has been an increase in the number of shopping malls and commercial parking spaces, which will drive product demand. Growing popularity of air pollution monitoring instruments such as Fourier Transform Infrared (FTIR) instruments, mass spectrometers, and gas chromatographs is a major factor expected to drive the market.
On-going research activities for the development of satellite-based air quality monitoring systems bodes well for market growth. Satellite-based remote sensing technology is immensely promising as satellite sensors measure the concentration of pollutants in the atmosphere through the interference in light reflected or emitted from the earth. The growing emphasis of technical standardization firms on the adoption of advanced measuring principles, such as the ultraviolet fluorescence measuring principle, is a key growth factor. The European Committee for Standardization specifies a continuous measurement method for the determination of concentration of sulfur dioxide present in ambient air based on the ultraviolet fluorescence measuring principle.
The integration of cloud computing in air quality monitoring systems has enabled the development of multi-facility air quality control systems. Moreover, government agencies are increasingly adopting cloud-based software solutions that display the concentration of different pollutants in the atmosphere anywhere and anytime. In addition, companies operating in the market are designing and developing software solutions that collect information from sensors to continuously display the concentration of different pollutants.
Grand View Research has segmented the global air quality monitoring system market based on product type, pollutant, component, end use, and region:
Air Quality Monitoring System Product Type Outlook (Revenue, USD Million, 2014 - 2025)
Indoor
Fixed
Portable
Outdoor
Fixed
Portable
Air Quality Monitoring System Pollutant Outlook (Revenue, USD Million, 2014 - 2025)
Chemical
Nitrogen Oxides
Sulphur Oxides
Carbon Oxides
Volatile Organic Compounds
Others
Physical
Air Quality Monitoring System Component Outlook (Revenue, USD Million, 2014 - 2025)
Hardware
Sensors
Processors
Output devices
Software
Services
Air Quality Monitoring System End-use Outlook (Revenue, USD Million, 2014 - 2025)
Residential
Commercial
Industrial
Oil & Gas
Manufacturing
Food & Beverages
Pharmaceuticals
Healthcare
Others
Air Quality Monitoring System Region Outlook (Revenue, USD Million, 2014 - 2025)
Cloud Based Storage Market? Global cloud based storage market is expected to witness brisk growth over the forecast period owing to increase in demand for big data storage.
Battle Management System (BMS) Market? The global Battle Management System (BMS) market is estimated to register a decent growth over the forecast period driven by technological advancement such as modifications and new innovations in BMS to offer more safety by the commanders.
Data Capture Hardware In Retail Market ? Global data capture hardware in the retail market is expected to experience brisk growth owing to a rapid increase in consumer goods demand over the forecast period.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: +1-415-349-0058 Toll Free: 1-888-202-9519 Email: [email protected]
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