20-Feb-2020 | Facts and Factors
Facts and Factors have published a new report titled “Air Quality Monitoring System Market By Product (Indoor & Outdoor), By Pollutant Type (Chemical & Physical), By Component (Hardware, Software, & Services), By End-User (Residential, Commercial, & Industrial), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026”.
According to the report, the global Air Quality Monitoring System market was valued at over USD 4.3 Billion in 2020 and is expected to reach USD 6.2 Billion by 2026, at a CAGR of 6.5% between 2021 and 2026.
Outdoor monitors category is projected to exhibit the highest growth during the forecast period
The indoor monitor category dominated the global Air Quality Monitoring Systems market in 2018. On the other hand, outdoor monitors are projected to exhibit the highest growth rate owing to the growing use of industrial ambient air pollution monitoring systems and fixed outdoor monitors across various regions.
Browse the full “Air Quality Monitoring System Market By Product (Indoor & Outdoor), By Pollutant Type (Chemical & Physical), By Component (Hardware, Software, & Services), By End-User (Residential, Commercial, & Industrial), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026" report at https://www.fnfresearch.com/air-quality-monitoring-system-market-report
Continuous monitoring category is projected to dominate the Air Quality Monitoring System market during the forecast period
The continuous monitoring category held the majority of the market share in 2018. The implementation of favorable government mandates for effective air pollution monitoring across major markets, the latest development of hi-tech continuous monitoring systems, and a massive installation base for continuous air monitoring stations are likely to help propel the global Air Quality Monitoring Systems market.
Government agencies and academic institutes category is expected to Air Quality Monitoring System market during the forecast period
The government agencies and academic institutes category held the majority of the market share in 2018. The reason behind the dominance is the stringent environmental regulations, escalating government funding for effective air quality monitoring systems, and mounting installation of air quality monitoring systems stations across the globe.
Asia Pacific region is estimated to exhibit a faster growth rate during the forecast period
The Asia Pacific is anticipated to dominate the Air Quality Monitoring Systems market during the forecast period. The rapid industrialization and stringent air pollution regulations are anticipated to propel the Air Quality Monitoring System market in the Asia Pacific region. In addition, the constant government supports for the manufacturing and commercialization of hi-tech air quality monitoring systems products in this region.
Key Market Players
The key market participants for the global air quality monitoring system market are 3M Manufacturing, Emerson Electric Co., General Electric Company, HORIBA Ltd., Merck, Siemens AG, Teledyne Technologies Incorporated, Thermo Fischer Scientific, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Spectris plc., Honeywell International, Inc., TSI Incorporated, and Tisch Environmental, among others.
The report on the global Air Quality Monitoring System market is segmented into:
Global Air Quality Monitoring System Market: By Product Segment Analysis
Global Air Quality Monitoring System Market: By Pollutant Type Segment Analysis
Global Air Quality Monitoring System Market: By Component Segment Analysis
Global Air Quality Monitoring System Market: By End-User Segment Analysis
Global Air Quality Monitoring System Market: By Regional Segmentation Analysis
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