Global Air Quality Monitoring Systems Strategic Analysis Report 2023: Market to Reach $7.7 Billion by 2030 – Continuous Technology Innovations Remains Crucial to Future Growth

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Oct 11, 2023

DUBLIN, Oct. 11, 2023 /PRNewswire/ — The “Air Quality Monitoring Systems – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

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Global Air Quality Monitoring Systems Market to Reach $7.7 Billion by 2030

The global market for Air Quality Monitoring Systems estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$7.7 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030.

Indoor, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$5.1 Billion by the end of the analysis period. Growth in the Outdoor segment is estimated at 7.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 8.7% CAGR

The Air Quality Monitoring Systems market in the U.S. is estimated at US$1.7 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$707.9 Million by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

  • Deteriorating Air Quality Despite Regulations In-Place Provides the Foundation for Global Growth in Air Quality Monitoring Systems
  • As Global Air Continues to Become Toxic Amid Half Hearted Sustainability Efforts, Air Quality Monitoring Will Become More Indispensable & Omnipresent: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, & 2020
  • Russia-Ukraine War Spells Environmental Disaster for Both Air & Water
  • “If You Can’t Measure It You Can’t Manage It” is the Reason Why it is Important to Monitor Air Quality
  • On the Pandemic & Economic Front, Here’s What’s Happening. Prognosis Every Business Needs to Know
  • After Omicron, Comes Stealth Omicron & Deltacron Fueling Fresh Waves of Infections Across the Globe
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
  • With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of March 2022
  • At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain
  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of March 2022
  • The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
  • Top Reasons for Unwillingness & Uncertainty Towards COVID-19 Vaccines Among the By-Choice Unvaccinated People: % Share of Various Reasons as of the Year 2022
  • The Verdict’s Out – The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • Dragging Pandemic, New Virus Strains, Fresh Societal Risks, War & Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021
  • Fresh Shocks for the Global Economy in 2022 as New Bursts of Food & Energy Inflation Comes into Play Triggered by the Russia-Ukraine War
  • A World Divided Over the War in Russia & Ukraine Fuels Oil Production Stand-Off, Aggravating Global Price Rise & Making Putin More Bolder & Willing to Invade its Neighbors: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2022
  • Uncertain, Uneven & Bumpy Recovery Shaped by New Variants Coupled With Inflation Triggered by the Russia-Ukraine War Lowers Growth Expectations for 2022: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Persistently High Unemployment Indicates Long-Term Scarring from the COVID-19 Pandemic, Wage Inequality & Uneven Economic Recovery. Tough Times to Continue for Industries Reliant on Consumer Discretionary Incomes Until 2023: Global Number of Unemployed People (In Million) for Years 2019 Through 2023
  • Supply Chains Tighten Once Gain, Bracing for the Widening Economic Storm Being Brewed by the Russia-Ukraine War
  • The Military & Defense Industry Emerges as the Sole Beneficiary of the War
  • Competition
  • Air Quality Monitoring Systems – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Overview of Air Quality Monitoring Systems
  • World Brands
  • Innovations
  • Recent Market Activity

MARKET TRENDS & DRIVERS

  • Growing Awareness Over Sick Building Syndrome (SBS) and Importance of Indoor Air Quality Drives Demand for Indoor Air Quality Monitoring Systems
  • Global Indoor Air Pollution Related Fatalities by Health Condition: Percentage Breakdown of Deaths for ALRI, COPD, Ischemic Heart Disease, Lung Cancer, and Stroke for the Year 2021
  • Rise in Allergies Sets the Tone for the Adoption of Indoor Air Quality Monitors
  • Rise in Smart Homes Strengthens the Business Case for Smart Indoor Air Quality Monitors
  • Smart Homes Emerge as a Disruptive Trend Enhancing Lives of Homeowners & Also Creating New Market Opportunities for Smart Indoor Air Quality Monitors: Smart Home Penetration Rate (%) by Region/Country for the Year 2022
  • Continuous Technology Innovations Remains Crucial to Future Growth
  • Stringent Regulations & Establishment of Standards to Benefit Growth in the Market
  • Role of Artificial Intelligence in Indoor Air Quality Monitors Gets Bigger
  • In Focus: IoT Based Indoor Air Quality Monitoring
  • Green Building Strategies and Focus on Ventilation Management Bodes Well for Market Growth
  • A Peek Into the Role of Indoor Air Quality Monitoring in Optimizing Building Automation
  • Stack Emission Monitoring Grows in Popularity in the Industrial Sector Amid Growing Industrial Air Emissions
  • Wearable Devices for Air Quality Monitoring Storm into the Spotlight
  • Navigating Through Myriad Challenges is Vital for Players in the Market

FOCUS ON SELECT PLAYERS (Total 110 Featured)

  • 3M Company
  • Agilent Technologies, Inc.
  • Emerson Electric Company
  • Daikin Industries Ltd.
  • Dwyer Instruments, Inc.
  • Campbell Scientific, Inc.
  • Camfil Group
  • Davis Instruments
  • Acoem Group
  • Critical Environment Technologies Canada, Inc.
  • Aeroqual Limited
  • Chemtrols Industries Pvt. Ltd.
  • Airthings
  • AMBIENT
  • Codel International Limited

For more information about this report visit https://www.researchandmarkets.com/r/kju7nu

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