Global Air Quality Monitoring (AQM) System Market – Analysis and Forecast (2019-2024)

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Air Quality Monitoring (AQM) System Market

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Air Quality Monitoring (AQM) System Market

The global air quality monitoring (AQM) system market is expected to grow at a CAGR of 5.9% during the forecast period with its market size predicted to reach USD 5.5 billion by 2024. Air quality monitoring system is a device used to monitor the level of the pollutant in the environment. It identifies the concentration of pollutants such as particulate matter, nitrous oxide, carbon monoxide, and sulfur dioxide. The global market is primarily driven by the increasing level of air pollution and mounting occurrence of respiratory diseases. ÂŠ 2018 VynZ Research All rights reserved

Air Quality Monitoring (AQM) System Market

The alarming level of air pollution, supportive government regulations for air pollution monitoring and control, increasing occurrence of respiratory diseases, cancer and cardiovascular diseases, and increasing public awareness related to healthcare and environmental implications of air pollution are the primary growth drivers for air quality monitoring system market. For instance, according to the World Health Organization (WHO) air pollution is the major environmental risk to health. Moreover, globally in 2016, approximately 4.2 million premature deaths were caused due to outdoor air pollution in cities and rural area.

Air Quality Monitoring (AQM) System Market Asia-Pacific is observed to witness the fastest growth in the market, as the region is the major contributor to global air pollution and different governments are forming stringent regulations for monitoring and preventing air pollution. In addition, the large-scale industrialization, mounting occurrence of respiratory diseases, cancer and cardiovascular diseases and uninterrupted government assistance for the development and commercialization of innovative AQM products are also creating a positive impact on the air quality monitoring system industry growth in the region. In February 2018, Teledyne Technologies launched Model T640 PM Mass Monitor, to calculate the dilution of fine particulate matter below 2.5 microns in diameter. Teledyne Technologies Incorporated, 3M Company, Thermo Fisher Scientific Inc., Emerson Electric Co., Siemens AG, ECOTECH GROUP, Merck KgaA, General Electric Company, Horiba Limited, Spectris, TSI Incorporated, Autotronic Enterprise Co. Ltd., and Aeroqual Limited are the key players offering air quality monitoring system.a ÂŠ 2018 VynZ Research All rights reserved

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Global Air Quality Monitoring (AQM) System Market – Analysis and Forecast (2019-2024)

Published on May 15, 2020

kumarharindra784

The global air quality monitoring (AQM) system market is expected to grow at a CAGR of 5.9% during the forecast period with its market size predicted to reach USD 5.5 billion by 2024. Air quality monitoring system is a device used to monitor the level of the pollutant in the environment. It identifies the concentration of pollutants such as particulate matter, nitrous oxide, carbon monoxide, and sulfur dioxide. The global market is primarily driven by the increasing level of air pollution and mounting occurrence of respiratory diseases. Different types of products contributed to the air quality monitoring system market size. The market has witnessed a high demand for indoor monitors over the last few years due to mounting consumer inclination for pollution-free indoor environments.