IoT-based Air Quality Monitoring System has provided a better approach towards improving environmental conditions

The Air Quality Monitoring System Market was valued at USD 4.60 Billion in 2021 and is expected to reach USD 7.61 Billion by 2029 at a CAGR of 6.5 % during the forecast period. The air quality monitoring system can be used to measure the air quality that is present in the atmosphere. The air quality detector is used to monitor the pollution level and they not only measure the Carbon Dioxide (CO2) level in the air but also monitor the level of humidity and temperature both inside the room and outside the environment. The increasing health issues due to Air Pollution are an essential matter worldwide. It is estimated that about 7 million people died in 2020 due to both indoor and outdoor pollution. Each year, 3.4 million people die prematurely from illnesses due to household air pollution caused by the incomplete combustion of solid fuels and kerosene used for cooking. With poor air quality across the world owing to industrial and vehicle pollution, there is an increased risk of breathing issues and lung diseases. The increasing need for workplace safety is driving the implementation of air quality monitoring systems in industries such as manufacturing, automotive, and oil & gas. Mishaps such as the Bhopal gas leak tragedy and the Aliso Canyon accident have brought attention to the need of monitoring the levels of contaminants in the atmosphere. The government has also taken initiatives for environment conservation, such as the provision of funds for the installation of air quality monitoring systems and smart city initiatives which are expected to boost market growth during the forecast period. For instance, as part of the National Clean Air Programme, the Government of India plans to build 300 real-time air quality monitoring systems around the country by 2024. Air Quality Monitoring System MarketTo know about the Research Methodology :- Request Free Sample Report Some professionals are using advanced sensor networks and communication technologies to propose Air Quality Monitoring systems for the enhanced living environment. Thermo Fisher (US), Emerson (US), Hawadawa (Germany), and Siemens AG (Germany) are leading key players in the Air Quality Monitoring System Market and they registered a significant increase in sales after COVID-19 Pandemic. They are spending more and more on research and development, and product innovation to maintain their dominance worldwide in the AQMS market. Hawadawa, a German manufacturer of air quality monitoring equipment, entered a strategic partnership with Thies Clima in February 2022 to introduce a one-stop-solution that can determine the relationship between air quality and weather conditions for a better understanding of the air quality status and provide the best data revelations on IT tools such as dashboards. The Air Quality Monitoring System Market report forecasts revenue growth at global, and country levels and provides an analysis of the latest industry trends in each of the sub-segments during the forecast period. MMR has segmented the global Air Quality Monitoring System Market report based on Component, Type, Gas, Application, and region. The report contains strategic profiling of top key players in the market, a wide-ranging analysis of their core competencies, and their strategies like new product launches, growths, agreements, joint ventures, partnerships, and acquisitions that apply to the businesses. Our team of analysts can also provide you with data in excel files and pivot tables or can assist you in creating presentations from the data sets available in the report.

Air Quality Monitoring System MarketAir Quality Monitoring System Market Dynamics:

Growing Population in Smart Cities Requires Pollution Awareness Measurements More than 82% of urban areas reach air pollution levels well above acceptable values and around seven million people die every year from exposure to fine particles in polluted air that lead to diseases such as stroke, heart disease, lung cancer, and respiratory infections. Air quality monitoring equipment is used to measure wind speed, levels of air pollutants such as SO2, CO, O3, and others, as well as other parameters. All year, the device is also used to monitor harmful solid and liquid particles that exist in the air. Instruments used in monitoring play an important role in preventing fatigue, discomfort, and dizziness caused by contaminated air, which can lead to poor health and decreased productivity. The declining air quality index around the globe as a result of hazardous gas emissions in the environment is a significant factor driving the global air quality monitoring equipment market. Air quality monitoring systems are increasingly being adopted in smart city projects as the number of smart cities grows in conjunction with global population growth. The growing number of vehicles releasing harmful gasses is a major cause of air pollution. It is therefore critical to collect data on air quality in order for regulatory authorities to take the necessary steps. These factors are expected to boost the air quality monitoring equipment market over the forecast period. Air Quality Monitoring System MarketContinuous R&D and technical advancements Continuous R&D of advanced AQM systems such as miniaturized devices, nanotechnology-based systems, infrared spectroscopy, and remote-sensing instruments are expected to provide significant growth opportunities for both established and developing companies in the AQM system. The industry's key players have adopted the mandated norms and regulations by developing their own internal regulations for controlling emissions. They developed new strategies, and equipment to comply with the most latest norms. These regulations are likely to boost air quality monitoring systems all over the world. For example, nanotechnology-based AQM solutions have various advantages such as real-time monitoring capabilities, device miniaturization, higher analytical efficacy, and low manufacturing costs. A team of international researchers produced a low-power gas sensor nano-chip sensor built on a chemical-sensitive field-effect transistor (CS-FET) platform with 3.5-nanometer-thin silicon channel transistors. Recent development and increased market availability of technologically sophisticated air pollution monitoring systems are likely to provide significant opportunities for market growth in the future years. Favorable government and private initiatives for environmental protection and public awareness Several positive initiatives have been launched by the government, non-governmental organizations, and the private sector to prevent and reduce air pollution through public awareness campaigns and programs. Such programs and activities not only help to raise public awareness but also play an important role in bringing the attention of international organizations to the future and present threats of air pollution that the world faces. Many government and non-governmental organizations work efforts to bring national and global communities' attention to the devastating effects of air pollution on the health of living beings and the environment. The data produced by air quality monitoring technology has increased concern for the environment in both developing and developed countries. The US government is collaborating with the EPA to manage and overcome the causes and effects of pollution. Asia Pacific developing countries have also increased their efforts to combat air pollution. Programs such as India's National Air Quality Monitoring Program are helping them in reducing air pollution through the use of air quality monitoring equipment. These factors are expected to contribute to the growth of the air quality monitoring system market during the forecast period. Air quality monitoring presents an opportunity for operators to create new value propositions, products, and services targeted toward a number of various customer segments.
Customer Segment ranked in order of opportunity size Value Proposition
Government Bodies • Avoid fines for poor air quality • Reduced health spending • Higher tax revenues
Hospitals and Health Professionals • Reduce hospital admissions • Improved health outcomes • Reduced service delivery cost
Schools and Education Providers • Improved educational outcomes • Healthier pupils • Higher pupil attendance
Environmental Scientists and Researchers • Improved environmental data • New analytics, insights, and understanding • Access to new data sources • Access to application enablement platforms • Access to analytics capabilities and services
Third-Party Solution Developers • Access to new data sources • Access to application enablement platforms • Access to analytics capabilities and services
Demand for an Air Quality Index for Better Public Health The development of air quality monitoring equipment, fueled by the rapid rise of the Internet of Things, has enabled devices to measure both indoor and outdoor air quality. The devices are equipped with a variety of sensors that detect the presence of several contaminants in various forms. The increased knowledge of health-conscious individuals has made it critical to monitor air quality in diverse settings in order to maintain a healthy environment. Furthermore, air quality monitoring sensors are being adopted in larger numbers to collect air quality data from many aspects, which may be important when making critical decisions to reduce air pollutants based on location. Depending on the region and population, air quality monitoring systems have numerous indoor and outdoor applications. Indoor applications include assessing air quality in residential and industrial environments to prevent pollution and to preserve the environment from production waste. Indoor air quality monitoring technology works in conjunction with different heating, purifying, and other HVAC activities to keep interior air under safe contamination limits. Furthermore, air quality monitoring systems are effective in monitoring outdoor air quality and are in high demand with several government agencies and health bureaus monitoring outdoor air quality to ensure public health. All of these factors will contribute to the growth of the air quality monitoring equipment market during the forecast period. IoT-Based Air Quality Monitoring System The rapid rise of internet access throughout the world as well as various technical breakthroughs such as 5G, blockchain, cloud services, IoT, and Artificial Intelligence among others have significantly boosted the economic growth of the IoT-Based Air Quality Monitoring System market during the forecast period. With technological advancements, several innovations in the field of communications have been developed that are transferring to the Internet of Things (IoT). Wireless Sensor Networks (WSN) is one of such independent sensing devices in this domain, along with a plethora of applications in other sectors. WSN sensor nodes are used in public transportation buses to continuously monitor air pollution. Data on air pollution particles such as emissions, smoke, and other pollutants will be gathered using sensors on public transportation buses, aggregated, and relayed to the nearest sink node. Mobile IoT networks from mobile operators support low cost, long battery life, and low bandwidth connections in high volumes. These technologies are well suited for environmental and air quality monitoring. Features of Mobile IoT include: Air Quality Monitoring System MarketThe Outdoor Air Quality Monitoring Equipment Segment is Expected to be the Fastest-growing Segment According to WHO estimates, outdoor air pollution causes over 4.2 million premature deaths per year. This data has increased global investment in outdoor air quality sensors. With increasing improvements in air quality monitoring technology, low-cost sensors designed to monitor air quality for individuals, homes, companies, and numerous sectors have been developed. Outdoor air quality monitoring systems are installed to track air pollution generated by the transportation sector, industrial sector, construction activities, and all other external sources of pollution. Because of the presence of the aforementioned sources, it is considered that the air outside restricted places contains more dangerous contaminants than indoor air. In the recent decade, the US government has effectively lowered the average PM 2.5 concentration in the region by 41%, to 8.02 micrograms per cubic meter. The goals were met by regulatory regulations for air quality standards in many industries, which eventually led to the widespread deployment of air quality monitoring systems, even at the grassroots level. The high installation and maintenance cost of conventional air monitoring systems hampers the growth of the air quality monitoring system market. The installation of standard air quality monitoring stations is costly, with a single station costing between USD 100,000 and $200,000. A single AQM station in India is expected to cost between USD 0.21-0.35 million (excluding the costs of yearly maintenance). Pollution-monitoring station maintenance costs are also high (up to 10% of the installation cost for overall maintenance over 10 years). The high costs associated with the purchase, installation, and maintenance of AQM sensors, as well as the high costs associated with the establishment of AQM stations, are aggravated by the implementation of stringent pollution control policies across mature markets, which require regulatory compliance for effective air pollution monitoring, data collection, and data surveillance.

Air Quality Monitoring System Market Segment Analysis:

By Component, The software services segment is expected to grow at the fastest rate over the forecast period. The increased demand for these devices from smart city authorities is driving the rise of the software segment. These authorities are focusing on integrating multiple systems in a city, such as environmental monitoring systems, traffic monitoring solutions, and parking management devices, into a single software solution. Furthermore, air quality monitoring software is commonly used for remote monitoring by businesses such as chemicals, oil & gas, and pharmaceuticals. By Type, the indoor monitor segment accounted for the highest market share of the global air quality monitoring systems market in 2020. 3.4 million people die every year due to household air pollution caused by the incomplete combustion of solid fuels and kerosene used for cooking. The dominant position of this segment can be attributed to the growing installation of AQM stations, initiatives to increase public awareness about the health effects of indoor air pollution, the growing adoption of smart homes, and green-building technologies, and the preference for pollution-free indoor environments. By Gas, the carbon segment held the largest share, which can be attributed to a rise in the number of factories and vehicles, which are a major source of CO2 emissions. Besides, carbon monitoring systems are extensively used for carrying out capnography in anesthesia and intensive medical services. By Application, the industrial end-user segment is expected to grow at a 5.8% CAGR by 2029. In the twenty-first century, the industrial revolution changed dramatically. The development of industrialization has also resulted in an increase in industrial pollution. Previously, industries were small enterprises that produced fumes as the major pollutant. The combination of industrialization and air pollution in North America and Europe necessitated the formation of air quality standards and regulations for emission sources such as vehicles, electrical power generation, and industrial sites. As a result, the global need for air quality monitors has increased as industrialization has increased.

Air Quality Monitoring System MarketAir Quality Monitoring System Market Regional Insights

The Air Quality Monitoring System demand in the U.S. is expected to account for 79% market share through 2029. The U.S. is expected to grow in upcoming years as the country is a huge market for air quality monitoring equipment. There is an increase in air quality monitoring initiatives in the region and also a presence of early technology adopters. Business partnerships and acquisitions are the primary strategies used by the country's leading players to increase business income and create new product/service advancements. For example, Honeywell and Denso, a mobility provider, partnered to advance the future of urban air mobility and other aerospace industry sectors by merging their experience in developing hybrid-electric and completely electric powertrains. Air Quality Monitoring System MarketAsia Pacific Air Quality Monitoring System Market is expected to have the highest CAGR during the forecast period. The country is expected to grow the fastest as compared to other countries, owing to increased air pollution and serious environmental issues in high-population countries like India. The Indian government is increasing attempts to reduce air pollution as global pollution levels climb dramatically. To reduce contaminants in the air, the government is introducing smart air quality monitoring systems. These reasons are driving the demand in India for air quality monitoring technologies.

Air Quality Monitoring System Market Scope: Inquire before buying

Air Quality Monitoring System Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 4.60 Bn.
Forecast Period 2022 to 2029 CAGR: 6.5% Market Size in 2029: US $ 7.61 Bn.
Segments Covered: by Component • Hardware • Services
by Type • Indoor Air Quality Monitoring Equipment • Outdoor Air Quality Monitoring Equipment
by Gas • Nitrogen • Oxygen • Carbon • Ozone • Others
by Application • Industrial • Commercial • Residential

Air Quality Monitoring System Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Air Quality Monitoring System Market Key Players

• SKC Ltd. • Honeywell • Thermo Fisher Scientific • Vaisala • ENVEA group • TSI Incorporated • Ecotech • LumaSense Technologies, Inc. • Modcon Systems Ltd. • Testo SE & Co. KGaA • Aeroqual Limited • PCE Instruments • Opsis AB • Oizom Instruments Pvt. Ltd. • Airthinx • Aeroqual • Teledyne Technologies Incorporated • Horiba Ltd. • Siemens AG • Kaiterra • Chemtrols Industries Pvt. Ltd. • Envirotech Instruments Private Limited • SV Tech Engineers • Vasthi Instruments Pvt. Ltd FAQs: 1. Which is the potential market for Air Quality Monitoring systems in terms of the region? Ans. In the Asia Pacific region, the increased air pollution and serious environmental issues in high-population countries like India are expected to drive the market. 2. What is expected to drive the growth of the Air Quality Monitoring System market in the forecast period? Ans. The IoT-Based Air Quality Monitoring System is a major factor driving the market growth during the forecast period. 3. What is the projected market size & growth rate of the Air Quality Monitoring System Market? Ans. The total Air Quality Monitoring System Market was valued at USD 4.60 Billion in 2021 and is expected to reach USD 7.61 Billion by 2029 at a CAGR of 6.5 % during the forecast period. 4. What segments are covered in the Air Quality Monitoring System Market report? Ans. The segments covered are Component, Type, Gas, Application, and region.
1. Global Air Quality Monitoring System Market: Research Methodology 2. Global Air Quality Monitoring System Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Air Quality Monitoring System Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Air Quality Monitoring System Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Air Quality Monitoring System Market Segmentation 4.1 Global Air Quality Monitoring System Market, by Component (2021-2029) • Hardware • Services 4.2 Global Air Quality Monitoring System Market, by Type (2021-2029) • Indoor Air Quality Monitoring Equipment • Outdoor Air Quality Monitoring Equipment 4.3 Global Air Quality Monitoring System Market, by Gas (2021-2029) • Nitrogen • Oxygen • Carbon • Ozone • Others 4.4 Global Air Quality Monitoring System Market, by Application (2021-2029) • Industrial • Commercial • Residential 5. North America Air Quality Monitoring System Market(2021-2029) 5.1 North America Air Quality Monitoring System Market, by Component (2021-2029) • Hardware • Services 5.2 North America Air Quality Monitoring System Market, by Type (2021-2029) • Indoor Air Quality Monitoring Equipment • Outdoor Air Quality Monitoring Equipment 5.3 North America Air Quality Monitoring System Market, by Gas (2021-2029) • Nitrogen • Oxygen • Carbon • Ozone • Others 5.4 North America Air Quality Monitoring System Market, by Application (2021-2029) • Industrial • Commercial • Residential 5.5 North America Air Quality Monitoring System Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Air Quality Monitoring System Market (2021-2029) 6.1. European Air Quality Monitoring System Market, by Component (2021-2029) 6.2. European Air Quality Monitoring System Market, by Type (2021-2029) 6.3. European Air Quality Monitoring System Market, by Gas (2021-2029) 6.4. European Air Quality Monitoring System Market, by Application (2021-2029) 6.5. European Air Quality Monitoring System Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Air Quality Monitoring System Market (2021-2029) 7.1. Asia Pacific Air Quality Monitoring System Market, by Component (2021-2029) 7.2. Asia Pacific Air Quality Monitoring System Market, by Type (2021-2029) 7.3. Asia Pacific Air Quality Monitoring System Market, by Gas (2021-2029) 7.4. Asia Pacific Air Quality Monitoring System Market, by Application (2021-2029) 7.5. Asia Pacific Air Quality Monitoring System Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Air Quality Monitoring System Market (2021-2029) 8.1 Middle East and Africa Air Quality Monitoring System Market, by Component (2021-2029) 8.2. Middle East and Africa Air Quality Monitoring System Market, by Type (2021-2029) 8.3. Middle East and Africa Air Quality Monitoring System Market, by Gas (2021-2029) 8.4. Middle East and Africa Air Quality Monitoring System Market, by Application (2021-2029) 8.5. Middle East and Africa Air Quality Monitoring System Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Air Quality Monitoring System Market (2021-2029) 9.1. South America Air Quality Monitoring System Market, by Component (2021-2029) 9.2. South America Air Quality Monitoring System Market, by Type (2021-2029) 9.3. South America Air Quality Monitoring System Market, by Gas (2021-2029) 9.4. South America Air Quality Monitoring System Market, by Application (2021-2029) 9.5. South America Air Quality Monitoring System Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 SKC Ltd. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Honeywell 10.3 Thermo Fisher Scientific 10.4 Vaisala 10.5 ENVEA group 10.6 TSI Incorporated 10.7 Ecotech 10.8 LumaSense Technologies, Inc. 10.9 Modcon Systems Ltd. 10.10 Testo SE & Co. KGaA 10.11 Aeroqual Limited 10.12 PCE Instruments 10.13 Opsis AB 10.14 Oizom Instruments Pvt. Ltd. 10.15 Airthinx 10.16 Aeroqual 10.17 Teledyne Technologies Incorporated 10.18 Horiba Ltd. 10.19 Siemens AG 10.20 Kaiterra 10.21 Chemtrols Industries Pvt. Ltd. 10.22 Envirotech Instruments Private Limited 10.23 SV Tech Engineers 10.24 Vasthi Instruments Pvt. Ltd

About This Report

Report ID 162987
Category Information Technology & Telecommunication
Published Date Oct 2022
Updated Date
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