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.
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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.
- Manufacturers and distributors of air quality monitoring products
- Air quality monitoring software developers
- Research laboratories and academic institutes
- Air pollution monitoring committees
- Pharmaceutical and biotechnology companies
- National and regional air pollution control boards and organizations
- Petrochemical and biofuel product manufacturing companies
- Mining companies
- Oil & gas production and distribution companies
- Gas operators, distributors, and regulators
- Power generation and power distribution units
- Municipalities and municipal corporations
- Sewage and wastewater treatment plants
- Food and beverage manufacturing companies
- Market research and consulting firms
In air quality monitoring market report in addition, emerging Asian countries such as China and India, technological advancements in 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.
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Growth in air quality monitoring market is 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, and increasing public awareness related to healthcare and the environmental implications of air pollution.
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
Geographically, North America is estimated to command largest share of 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, by End User
- Government Agencies & Academic Institutes
- Commercial & Residential Users
- Petrochemical Industry
- Generation Plants
- Pharmaceutical Industry
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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