The “Air Quality Monitoring – Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023” report has been added to ResearchAndMarkets.com’s offering.
Global air quality monitoring market size is forecasted to reach $6.5 billion by 2023.
The growth is attributed to the increasing level of air pollution and growing awareness about various environmental hazards. Furthermore, health effects of air pollution, and favorable government regulations to monitor air quality, are also accelerating the growth of air quality monitoring market.
Insights on market segments
On the basis of product, the air quality monitoring market is categorized into indoor and outdoor air quality monitors. Indoor air quality monitors held a larger share in the market in 2017, accounting for 70.6%. This leading position of the category is attributed to its advantages over outdoor air quality monitor. For instance, indoor air quality monitors can measure several pollutants such as carbon monoxide, aldehydes, particulate matter, and nitrogen oxides. In addition, these monitors have high adoption in pharmaceutical and other industries, that require a controlled environment.
Based on pollutant, the market for chemical pollutant air quality monitoring is expected to exhibit the fastest growth, with a CAGR of 9.7%, during the forecast period.
Among the varied sampling methods, continuous sampling method held the largest share in the air quality monitoring market in 2017, with a contribution of 39.0%. The share is expected to increase to 41.0% by 2023. It is a high-resolution method that provides continuous record of contaminant levels. The continuous sampling method has advantages over other methods such as remote communication and high degree of measurement precision. Also, it can operate over extended periods (weeks or months) with minimal operator intervention.