Air quality monitoring market new product launches & product enhancements are key growth strategies adopted by major players to develop their positions in air quality monitoring market. Strategies like partnerships, agreements, & collaborations; acquisitions, & geographic expansions were also adopted by a significant number of market players to strengthen their product portfolios and expand their geographic presence in global market.
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The global air quality monitoring market (AQM) is estimated to reach USD 5.64 Billion by 2021, at a CAGR of 8.5% in forecast period. Presence of supportive government regulations for effective air pollution monitoring & control, ongoing government initiatives towards development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising global levels of air pollution, & increasing public awareness related to healthcare & environmental implications of air pollution are some key factors fueling growth of market.
2 Market Share Analysis, By Key Player (2015)
3 Competitive Scenario
4 Product Approvals, Launches, and Enhancements
5 Partnerships, Agreements and Collaborations
6 Geographic Expansions
7 Strategic Acquisitions
8 Other Developments
Growth in air quality monitoring market driven by factors like presence of supportive government regulations for effective air pollution monitoring and control, ongoing government initiatives towards development of environment-friendly industries, increasing public-private funding, rising global levels of air pollution, & increasing public awareness related to healthcare & environmental implications of air pollution.
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In air quality monitoring market report in addition, emerging Asian countries such as China and India, technological advancements in the field of air pollution monitoring, and ongoing expansions of petrochemical and power generation industries are offering new growth opportunities for AQM vendors in the market.
Global Air Quality Monitoring Market, by Sampling Method
- Continuous Monitoring
- Manual Monitoring
- Passive Monitoring
- Intermittent Monitoring
Global Air Quality Monitoring Market, by Pollutant
- Chemical Pollutants
- Physical Pollutants
- Biological Pollutants
Global Air Quality Monitoring Market, by End User
- Government Agencies & Academic Institutes
- Commercial & Residential Users
- Petrochemical Industry
- Generation Plants
- Pharmaceutical Industry
Geographically, North America is estimated to command the largest share of the global air quality monitoring market in 2016, followed by Europe. Large market share of North American region can be attributed to the fast adoption of new advanced air quality monitoring technologies in this region.
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Air quality monitoring market is classified into four regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World. In 2016, the global market is estimated to be dominated by North America.
A number of factors such as fast adoption of new advanced air quality monitoring technologies, ongoing technological advancements in the field of gas analyzers & particulate sensors, rising public-private funding and investments, and presence of supporting government regulations are driving the growth of the market in the North American region.
Emerging air quality monitoring markets including China, India, & Korea are offering high growth opportunities for market players in air quality monitoring industry. Large-scale industrialization, implementation of stringent air pollution regulations across major Asian countries, growing government emphasis on industry compliance with safety regulations, & continuous government support for development & commercialization of advanced AQM products are key factors propelling demand for air quality monitoring in emerging nations.
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