The growth of this market is majorly driven by factors such as rising levels of air pollution, supportive government regulations for effective air pollution monitoring and control, and ongoing initiatives toward the development of environment-friendly industries. Adding to this, increasing public-private funding for effective air pollution monitoring, and the increasing public awareness related to the environmental and healthcare implications of air pollution also supports the growth of this market.
The stack monitoring segment is expected to register the highest growth in the forecast period
The global air quality monitoring systems market is segmented on the basis of sampling method into active/continuous, intermittent, passive, manual, and stack monitoring.
The active/continuous monitoring segment commanded the largest share of the global air quality monitoring systems market in 2020, whereas the stack monitoring segment is projected to grow at the highest CAGR during the forecast period. Stack monitoring is the continuous measurement of air pollutants (such as gas or particulate matter) from industrial facilities. It is used to monitor air quality around waste incinerators, cement plants, and other industrial sources that need to comply with emission standards for hazardous air pollutants (HAPs) and volatile organic compounds (VOCs). Stack monitoring is undertaken annually, continuously, or for a 24-hour period, depending on the emission levels of industrial facilities as well as the regulations enforced on them. The low operational cost of stack monitoring, increasing government emphasis on regulatory compliance for industrial pollution monitoring, and the rising emphasis on pollution monitoring & control are factors expected to support the growth of this market
The fixed indoor monitors subsegment of indoor monitors holds the largest market share in 2020
Based on type of products, the global air quality monitoring systems market is segmented into indoor monitors, outdoor monitors, and wearables.
The indoor air quality monitors market is further segmented into fixed monitors and portable monitors.
The fixed indoor monitors is expected to account for the largest share of the indoor monitors market in 2020, primarily due to the growing need to maintain controlled indoor environment and monitor the level of atmospheric gases and air pollutants inside facilities like manufacturing units, laboratories, and storage area, among others, particularly in industries like pharmaceutical industries, biotechnology and microbiology industries, food and beverages industries, cosmetic industries, etc. Furthermore, the development of commercial sites as smart buildings is a rising trend. These smart buildings can communicate and connect with technologically advanced devices for better monitoring of air quality. This is another major factor driving the growth of the fixed indoor monitors market.
Read more: Air Quality Monitoring Systems Market worth $5.9 billion by 2026