Air Quality Monitoring Device Market is expected to reach USD 11.27 Billion by 2026 from USD 4.60 Billion in 2016.
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The major driving factors are Increasing public awareness related to the environmental and healthcare implications of air pollution and increasing enforcement of stringent government regulations.
Air Quality Monitoring Device Market Size is segmented by
• Product Type
• End User
• Geography
The market for portable indoor monitors for residential use is expected to have highest growth during the forecast period driven by increasing adoption of smart homes and green-building technologies air quality monitoring and control.
Air Quality Monitoring Device Market Size End-User Segment
1. petrochemical, Government Agencies, and Academic Institutes
2. Commercial and Residential Users
3. Power Generation Plants
4. Smart City Authority
5. Pharmaceutical Industry
Air Quality Monitoring Device Market Size on the basis of geography
1.North America
2.Europe
3.Asia-Pacific
4.Middle East & Africa
5.Latin America
North America and Europe are expected to have largest share in Air Quality Monitoring Device Market Size during the forecast period driven by increasing stringency of air pollution regulations, and continuous government support for the development, commercialization of advanced AQM products and rapid expansion of the chemicals.
The report has analysis of market definition along with the identification of key players and analysis of their strategies to determine the competitive outlook of the market, opportunities, drivers, restraints and challenges for this market during the forecast period also have In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain.
The report also offers complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities and provides detailed information regarding the major factors influencing the growth of the Air Quality Monitoring Device. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Global Air Quality Monitoring Device Market.
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