The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global air quality monitoring system market has undergone substantial growth, escalating from $5.59 billion in 2022 to $6.05 billion in 2023, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.2%. As we look ahead, the market is projected to reach $8.54 billion in 2027, with an anticipated CAGR of 9.0%. This growth is intrinsically tied to the escalating levels of air pollution, driving the demand for advanced monitoring systems.

Alarming Pollution Levels: Catalyst for Growth

– Definition of Air Pollution

• Introduction of pollutants: Carbon dioxide, methane gases, and other chemicals into the atmosphere.
• Impact: Air quality monitoring systems measure and analyze pollutant levels.
• Global Impact: 7 million annual deaths attributed to air pollution worldwide (World Health Organization).
• US Perspective: 135 million Americans residing in counties with harmful air pollution levels (American Lung Association).

Industry Titans: Key Players

– Major Players

• Thermo Fisher Scientific
• Emerson Electric
• General Electric
• Siemens AG
• Teledyne Technologies
• PerkinElmer Inc.
• Agilent Technologies Inc.
• TE Connectivity
• 3M
• Honeywell International Inc.
• Horiba Ltd.
• Merck KGaA
• TSI
• Tisch Environmental
• Testo
• Plume Labs
• Aeroqual
• Forbes Marshall

Technological Leap: Advancements in Air Quality Monitoring

– Key Trend

• Technology Advancements
• Example (March 2021): Thermo Fisher Scientific Inc. launches AerosolSense Sampler.
  • Technology: Polymerase Chain Reaction (PCR) technology.
  • Functionality: Quick and accurate detection of in-air viruses, such as SARS-CoV-2.
  • Significance: Enhances safety by providing precise data for institutions and public well-being.

Market Segmentation: Understanding Diversity

– Global Air Quality Monitoring System Market Segmentation

1. By Product Type
   • Indoor
   • Outdoor
2. By Component
   • Hardware
   • Software
3. By Pollutant
   • Chemical
   • Physical
4. By End User
   • Industrial
   • Commercial
   • Residential

Regional Dynamics: North America at the Helm

– Regional Insights

• North America (2022)
  • Largest region in the air quality monitoring system market.
• Global Projection: Expected to maintain prominence, reflecting the market’s significance in the region.

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The Air Quality Monitoring System Global Market Report 2023  provides an overview of the air quality monitoring system market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The air quality monitoring system market forecast analyzes air quality monitoring system market size, air quality monitoring system market share, leading competitor and their market positions.

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