Air Quality Monitor Market Size to grow by USD 2046.1 million between 2024-2028
According to a research report “ Air Quality Monitor Market” by Product (Indoor, Outdoor, Wearable) End-user (Government, Commercial and residential, Energy and pharmaceuticals, Others) Geography (North America, Europe, APAC, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 2046.1 million, at a CAGR of 6.78% during the forecast period. The demand for air quality monitoring systems is escalating as businesses and individuals recognize the importance of optimizing indoor environments for healthier and safer living spaces. The World Health Organization (WHO) reports that air pollution contributes to the deaths of approximately seven million people annually, with nine out of ten people breathing air that surpasses WHO guideline limits for pollutants. Adverse health effects, including stroke, heart disease, chronic obstructive pulmonary disease, lung cancer, and acute respiratory infections, are increasingly prevalent due to deteriorating air quality. Investing in air quality monitoring systems is a strategic business decision that prioritizes employee health and well-being, as well as corporate social responsibility.
Browse market data tables, figures, and in-depth TOC on “Air Quality Monitor Market” by Product (Indoor, Outdoor, Wearable) End-user (Government, Commercial and residential, Energy and pharmaceuticals, Others) Geography (North America, Europe, APAC, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By Product, the Indoor segment is projected to dominate the market size in 2024
Government entities serve as substantial consumers of air quality monitors on a global scale. These organizations employ air quality monitoring devices to evaluate ambient air quality, ensure adherence to environmental regulations, and develop efficient pollution control strategies. Favorable government regulations focusing on air pollution control and surveillance have fueled the demand for air quality monitors. Proactive initiatives taken by regional governments, NGOs, and the private sector, including public awareness programs and campaigns, aim to minimize air pollution. The increasing recognition of the harmful health consequences of polluted air has led to the market expansion for air quality monitors. For instance, in November 2021, the Pune Municipal Corporation (PMC) in India launched initiatives under the National Clean Air Program (NCAP) to implement stringent measures for reducing air pollution and expanding the air quality monitoring network through public awareness campaigns.
By End-user, Government segment is expected to hold the largest market size for the year 2024
Indoor air quality monitors are essential devices for assessing and maintaining optimal air quality within various indoor settings, including homes, offices, schools, hospitals, and commercial buildings. These advanced systems utilize sensors and detectors to measure critical parameters such as temperature, humidity, carbon dioxide (CO2) levels, volatile organic compounds (VOCs), particulate matter (PM), and other pollutants. By continuously monitoring these factors, indoor air quality monitors deliver real-time data and valuable insights, ensuring a healthy, comfortable, and productive indoor environment for building occupants. These systems are indispensable tools for businesses seeking to prioritize the well-being of their employees and customers.
North America is forecasted to hold the largest market size by region in 2024
The Air Quality Monitor market is experiencing significant growth due to increasing environmental concerns and regulatory compliance. Companies are investing heavily in advanced technologies such as sensors, IoT, and AI to develop intelligent air quality monitoring systems. These solutions provide real-time data analysis and actionable insights to help businesses mitigate health risks and ensure regulatory compliance. The market is expected to reach new heights in the coming years, driven by rising awareness and stringent regulations.
The Air Quality Monitor Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Air Quality Monitor market is witnessing significant growth due to the increasing awareness of environmental conservation and the need to combat atmospheric pollution. Green buildings and smart homes are integrating air quality monitoring systems, including portable and fixed systems, to ensure optimal indoor air quality. Outside, streetlight solutions and traffic systems equipped with air quality sensors are part of smart city initiatives. These systems monitor pollutants like sulfur oxides (SOX), nitrogen oxides (NOX), carbon monoxide, and particulate matter, including sulfur dioxide and toxicity levels from vehicles. Wireless communication and crowdsourcing enable real-time data collection and sharing, allowing for immediate action against high pollution levels. Air filter technologies are essential in reducing cardiovascular morbidity and respiratory diseases caused by atmospheric pollution. Sensors in smart poles and traffic systems help monitor and mitigate the effects of acid rain and global warming. The market's growth is driven by the rising number of casualties due to air pollution and the need to combat the toxicity levels in the atmosphere.
Market Research Overview
The Air Quality Monitor market is witnessing significant growth due to the increasing concern for environmental and health issues caused by atmospheric pollution. Key industries such as Healthcare, Pharmaceutical, Food and Beverages, Manufacturing, Oil and Gas, and Multinational Conglomerates are investing in air quality monitoring solutions to mitigate the health effects of harmful pollutants like COx emissions, sulfur dioxide, carbon monoxide, and particulate matter. These pollutants can lead to respiratory disorders, allergies, cardiovascular morbidity, and even casualties. The market is driven by the demand for intelligent systems and software solutions that use UV absorption technology to detect and analyze pollutants in real-time. The use of sensors, displays, and wireless communication enables crowdsourcing of data and sharing of intelligence reports among government agencies, smart city authorities, and system integrators. The market also caters to the needs of individual consumers through portable systems and smart homes. Factories and vehicles are major contributors to atmospheric pollution, and air filter systems are being adopted to reduce emissions. The Clean Air Partners and the Clean Air Act are driving regulatory compliance, and the trend towards green buildings and streetlight solutions is gaining momentum. However, cyberattacks on air quality monitoring systems pose a significant challenge to market growth. The market includes hardware and software components, with an emphasis on the development of advanced sensors and intelligent systems. Key players include Honeywell, Thermo Fisher Scientific, Sensirion, and Aeroqual. The market is expected to grow at a CAGR of 10.3% from 2021 to 2028. Environmental effects of atmospheric pollution include acid rain, global warming, and toxicity levels, while health effects include anesthesia, capnography, and harm caused to children and older adults. The market's growth is also influenced by the increasing awareness of the importance of environmental conservation and the impact of pollution on public health.
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