DUBLIN–(BUSINESS WIRE)–The “Air Quality Monitoring Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The market for air quality monitoring is expected to grow at a CAGR of greater than 5.3% during the forecast period of 2021 – 2026.
Companies Mentioned
Siemens AG Thermo Fisher Scientific Inc. Horiba Ltd Emerson Electric Co. 3M Co Honeywell International Inc. Teledyne Technologies, Inc TSI Inc. Merck KGaA Agilent Technologies Inc Aeroqual Limited Key Market Trends
Indoor Monitor Segment to Witness Significant Growth
Indoor air quality monitor is a device used to determine the purity of air in specified area by the level of dust, suspended particles and pollutants that are present. The quality of indoor air can affect the health and wellness of those who are breathing it. Indoor air quality monitors are typically sensor-based instruments. They are widely used in industrial environments to measure common air pollutants, in some cases with ppb (parts per billion) level detection. People spend around 90% of their time indoors, and human exposure to indoor air pollutants may occasionally be more than 100 times higher than outdoor pollutant levels i.e. indoor air is recycled continuously causing it to trap and build up pollutants. Also, when indoor CO? levels rise, cognitive skills, like crisis response, information usage and strategy, are decreased only to 20% in a 1,400-ppm concentration of CO? compared to the normal outdoor level of 400 ppm. Hence, it is evident that handling more advanced tasks becomes much more difficult when the indoor carbon dioxide levels rise. Accurate measurement of indoor air and better ventilation are vital to cognitive abilities of people working in offices. In Feb 2020, the embassy of the United States has declared that it is likely to monitor air quality in multiple locations across North India to help control pollution level. The move has come after the United States Mission distributed 58 low-cost-air quality monitors and 14 weather stations to the Society for Indoor Environment, an Indian NGO partnering this project. In July 2019, the European Commission DG SANCO funded Indoor Air Monit project in Europe, which was led by DG Joint Research Centre (2010-2012), developed a framework of harmonised criteria, protocols and monitoring techniques for indoor air pollutants to cope with five different IAQ (Indoor Air Quality) objectives. Each of these IAQ objectives has its own specific scope, targets and associated operational practices. The AIRMEX (European Indoor Air Monitoring and Exposure Assessment) project, deals with the comparison of indoor and outdoor monitors along with personal exposure concentrations of VOC’s (Volatile Organic Compounds) across European cities. Asia-Pacific to Dominate the Market
Due to the large-scale industrialization in emerging countries like China and India etc. and the stringency of air pollution regulations are increasing, and continuous government support for the development and commercialization of advanced air quality monitoring products are likely to drive the market in Asia-Pacific region. According to the World Bank, China’s economy is expected to grow at a rate of 6.3% in 2019 owing to policy support. Moreover, China’s industry value added grew by 5.8% in 2018 as compared to 2017. Similarly, India’s industry value added grew by 7.66% in 2018 compared to 2017. Also, CO2 emissions in China grew from 8,135.2 MT in 2010 to 9,825.8 MT in 2019. As a result of the flourishing economic conditions, there has been a spur in the industrial activities in the region. Hence, it has resulted the increase in air pollution. CO2 emissions in the Asia-Pacific region grew from 13,994 MT in 2010 to 17269.5 MT in 2019.? People, particularly in mega cities, are exposed to high levels of particulate matter, resulting from man-made sources, such as industrial activities and coal-fired power plants, that cause massive health and environmental issues. As a result, measures are being undertaken to curb air pollution, thereby creating growth potential for monitoring air pollution in the region. As of Feb 2020, the Brihanmumbai Municipal Corporation (BMC) is expected to develop an air quality monitoring network across 90 locations in Mumbai. This is the largest network in India, and the project is likely to be finished over the next five years. Therefore, based on the above-mentioned factors, Asia-Pacific is expected to dominate the air quality monitoring market during the forecast period. Key Topics Covered:
1 INTRODUCTION
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2026
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter’s Five Forces Analysis
4.8 Assessment of COVID-19 Impact on the Industry
5 MARKET SEGMENTATION
5.1 Product Type
5.2 Sampling Method
5.3 Pollutant Type
5.4 End-User
5.5 Geography
6 COMPETITIVE LANDSCAPE
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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