In 2017, the global air quality monitoring market size reached a value of $3.9 billion and is expected to advance at an 8.9% CAGR during the forecast period (2018–2023). The surging air pollution levels, implementation of strict regulations for decreasing air pollution levels, and increasing awareness about harmful effects of air pollution on health and environment are the major factors positively impacting the market. The monitoring of air pollutants in outdoor and indoor environment, by analyzing and evaluating different parameters of air quality, is referred to as air quality monitoring (AQM).
In terms of sampling method, the air quality monitoring market is divided into intermittent, manual, continuous, and passive. Out of these, the continuous division dominated the market during the historical period (2013–2017) and is further expected to account for the major share of the market during the forecast period. The reason for this that this sampling method can operate over long periods with minimal operator intervention. Due to this, the division is further predicted to advance at a CAGR of 9.8% during the forecast period.
A major driving factor of the air quality monitoring market is the surging air pollution levels, which is being caused by the swiftly growing urban population that is exploiting natural resources and producing waste. Other factors causing air pollution include burning of fossil fuels, vehicular emissions, mining operations, and changing agricultural practices. Because of the rapidly increasing pollution levels, there has been a surge in the number of diseases associated with air pollution. All these factors are contributing to the rising demand for AQM around the world.
Technological advancements in the AQM products is expected to provide wide opportunities to the players operating in the air quality monitoring market. In order to improve environmental protection, research and development activities have resulted in the introduction of various changes in the monitoring technology, such as real-time information on emission levels of greenhouse gases and other hazardous chemicals. Moreover, several government organizations and AQM vendors are engaging in R&D activities for developing and implementing new air quality approaches and technologies.
Hence, the market is witnessing growth due to the increasing air pollution levels and rising awareness about the adverse effects of degrading air quality on health and environment.
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In terms of sampling method, the air quality monitoring market is divided into intermittent, manual, continuous, and passive. Out of these, the continuous division dominated the market during the historical period (2013–2017) and is further expected to account for the major share of the market during the forecast period. The reason for this that this sampling method can operate over long periods with minimal operator intervention. Due to this, the division is further predicted to advance at a CAGR of 9.8% during the forecast period.
A major driving factor of the air quality monitoring market is the surging air pollution levels, which is being caused by the swiftly growing urban population that is exploiting natural resources and producing waste. Other factors causing air pollution include burning of fossil fuels, vehicular emissions, mining operations, and changing agricultural practices. Because of the rapidly increasing pollution levels, there has been a surge in the number of diseases associated with air pollution. All these factors are contributing to the rising demand for AQM around the world.
Technological advancements in the AQM products is expected to provide wide opportunities to the players operating in the air quality monitoring market. In order to improve environmental protection, research and development activities have resulted in the introduction of various changes in the monitoring technology, such as real-time information on emission levels of greenhouse gases and other hazardous chemicals. Moreover, several government organizations and AQM vendors are engaging in R&D activities for developing and implementing new air quality approaches and technologies.
Hence, the market is witnessing growth due to the increasing air pollution levels and rising awareness about the adverse effects of degrading air quality on health and environment.
