The total size of the particulate matter monitoring market is about USD 1,434.5 million in 2023, and it will power at a rate of 11% by the end of this decade, to touch USD 2,969.3 million by 2030. The evolution has a lot to do with the growing air pollution and mounting consciousness amongst people concerning the advantages of good air quality.
Moreover, the strict government guidelines to decrease emissions in view of the speedy urbanization and industrialization will power the growth of the industry.
Based on the end use, power generation led the industry with a share of 30%. Throughout the electricity generation, large quantities of pollutants are produced into the atmosphere. The waste produced from municipalities and industrial sectors, biomass, and fossil fuels, as well as petroleum, coal, and natural gas, are used for about 60% of the power generated at a global level.
For decreasing the pollution caused by thermal power plants, it is essential to install these kinds of systems for monitoring the levels of PM and further pollutants in the exhaust, before it is out into the air.
The light scattering technology led the particulate matter monitoring market, with a share of 35%, credited to the stringent environmental guidelines and the enhanced accuracy with which particulate matter releases can be monitored by it. The light scattering has a greater magnitude, generally at the forward angles of scattering, as opposed to back scattering angles, accompanied by the small size of angles and higher mass sensitivity.
The use of the beta attenuation tech is also rising quickly as it does the absorption of beta radiation by solid particles removed from the air. The tech aids in the discovery of the levels of PM10, and PM2.5 which most of the regulatory agencies at a global level monitor.
North America is the leader of the industry, and it will hold the same position by the end of this decade, with a value of USD 1.4 billion. The evolution has a lot to do with the growing level of level of environmental contaminants and the strict regulations to tackle this problem.
The U.S. has the major share in North America, and it will power at a rate of 11.3% by the end of this decade. This is because of the existence of key players and the increasing awareness of people regarding safe air. Moreover, the rising pace of tech progressions in these systems is helping in the revenue generation.
The rising air pollution all over the world has a lot to do with the growing requirement for particulate matter monitoring solutions. This trend will continue in the years to come as well.
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