Press Release

Global Air Quality Monitoring System Market to Grow at a CAGR of 6.4% During 2024-2032, Aided by Increasing Stringent Government Regulations and Standards Related to Pollution Monitoring

Global Air Quality Monitoring System Market

According to a new report by EMR titled, ‘Global Air Quality Monitoring System Market Report and Forecast 2024-2032’, the market attained a value of around USD 4.89 billion in 2023. The market is estimated to grow at a CAGR of 6.4% between 2024 and 2032 to reach nearly USD 8.55 billion by 2032.

Market players are developing innovative technologies for air quality monitoring solutions. These systems incorporate advanced sensors, real-time data collection capabilities, and sophisticated analytical tools. This empowers stakeholders to access accurate and timely information about air quality conditions. Furthermore, integrating Internet of Things (IoT) technology allows for remote monitoring within air quality monitoring. IoT enables data transmission and cloud-based analysis. IoT-connected devices facilitate the establishment of comprehensive networks spanning broad geographies.

 

The air quality monitoring system market growth is being driven by increased awareness of chronic obstructive pulmonary disease, asthma, cardiovascular issues, and lung cancer. These conditions have become more prevalent as pollution levels have risen globally. Additionally, supportive government policies around air pollution monitoring and management have emerged. Partnerships between public and private organisations focused on air quality monitoring infrastructure have also contributed to rising demand.

 

While the market for air quality monitors has potential for growth, high product prices and technological challenges may constrain expansion. In developing nations recently experiencing economic gains, intensifying industrialisation has led to rising air pollution as toxins like carbon monoxide and sulphur dioxide enter the atmosphere. As emissions have increased, the need for effective air quality monitoring systems has also increased. Governments and organisations now require solutions to better track and manage harmful pollutants, protecting public health from dangerous levels of contamination.

 

In a significant innovation for building safety and health, Honeywell International Inc. (NASDAQ: HON), launched VESDA Air in September 2022. This industry-first solution integrates early-warning smoke detection with advanced indoor air quality (IAQ) monitoring, leveraging the established VESDA-E™ platform. VESDA Air features a unique five-in-one IAQ sensor within a single unit, allowing for proactive identification of potential life safety, asset protection, and IAQ concerns before they evolve into critical issues. This comprehensive approach empowers building managers to ensure a safer and healthier environment for occupants.

 

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Market Breakup by Product, Pollutant Type, Sampling Method, End Use, and Region:

  • On the basis of product, the market is divided into indoor monitors, outdoor monitors, and wearable monitors, among others.
  • The market can be segmented based on pollutant type into chemical pollutants, physical pollutants, and biological pollutants.
  • On the basis of the sampling method, the market is classified into active/continuous monitoring, passive monitoring, intermittent monitoring, and stack monitoring, among others.
  • The market can be segmented based on end use into residential, commercial, and industrial.
  • By region, the market can be categorised into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • Growing public concern over the negative health effects of poor air quality is fuelling the air quality monitoring system market expansion. Individuals are more aware than ever that air pollution has documented links to respiratory illnesses, heart conditions, and premature death. As customers become increasingly informed on these critical correlations between air contaminants and disease, they are supporting solutions and technologies aimed at monitoring, preventing, and reducing harmful emissions. 
  • Governing bodies across various nations are working to increase public awareness of the importance of air quality maintenance and the implementation of more stringent air quality standards and emission limits. Consequently, industries and companies feel obligated to adopt sophisticated monitoring solutions to effectively evaluate and govern their emissions in order to avoid penalties and reputational harm. 
  • Rising global pollution levels can be attributed in part to accelerating rates of urbanisation and industrialisation worldwide. Significant airborne pollutants are released from vehicular emissions, industrial operations, and construction activities, deteriorating air quality. Additionally, robust global infrastructure growth, with expanding residential and commercial real estate development, is further fuelling the market expansion.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global air quality monitoring system market for the periods (2018-2023) and (2024-2032). 
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the products, pollutant types, sampling methods, end uses, and major regions of air quality monitoring system.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global air quality monitoring system market are Siemens AG, 3M Company, Honeywell International Inc., Horiba, Ltd., and Emerson Electric Co., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Pollutant Type
  • Sampling Method
  • End Use
  • Region
Breakup by Product
  • Indoor Monitors
  • Outdoor Monitors
  • Wearable Monitors
  • Others
Breakup by Pollutant Type
  • Chemical Pollutants
  • Physical Pollutants
  • Biological Pollutants
Breakup by Sampling Method
  • Active/Continuous Monitoring
  • Passive Monitoring
  • Intermittent Monitoring
  • Stack Monitoring
  • Others
Breakup by End Use
  • Residential
  • Commercial
  • Industrial
Breakup by Region
  • North America
  • Europe
  • Asia Pacifia
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Siemens AG
  • 3M Company
  • Honeywell International Inc.
  • Horiba, Ltd.
  • Emerson Electric Co.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

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