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Air Quality Monitoring Market by Product, Pollutant, End User - Forecast to 2021

Air Quality Monitoring Market: Forecast until 2021

  • July 2016
  • 179 pages
  • ID: 4016190
In this report:
In 2016, the indoor monitors segment is expected to account for the largest share (##.##%) of the AQM market, by product, in the U.K. This product segment is projected to reach USD ##.## million by 2021 from USD ##.## million in 2016 at a CAGR of ##.##% during the forecast period.
As of 2016, the passive monitoring segment is expected to account for a share (##.##%) of the AQM market and is expected to reach a value of USD ##,##.## million by 2021, growing at a CAGR of ##.##% during 2016-2021.

Summary

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The overall air quality monitoring market is forecasted to grow at an important compound annual growth rate (CAGR) of 8.50 percent from 2016 to 2021 to attain ~$5.6B by 2021. Whereas the developed regions (like North America and Europe (EU)) held significant shares in the AQM market in 2016, the Asia Pacific (APAC) area is expected to grow at the highest compound annual growth rate (CAGR) in the upcoming five years. Elements such as large-scale industrialization, implementation of stringent air pollution regulations across main Asian countries, increasing government emphasis on industry compliance with environmental safety regulations, and continuous government support for the development & commercialization of advanced AQM products are propelling the rise of the AQM market in this area.

Increase in the overall air quality monitoring market is influenced by Elements such as presence of supportive government regulations for effective air pollution monitoring and control, ongoing government initiatives towards the development of environment-friendly markets, growing public-private funding, increasing overall levels of air pollution, and growing public awareness related to healthcare and the environmental implications of air pollution. Additionally, emerging Asian countries including China and India (IN), technological improvements in the field of air pollution monitoring, and ongoing expansions of petrochemical and power generation sectors are offering recent growth opportunities for AQM vendors in the sector.

Geographically, North America continent is projected to command the biggest share of the overall air quality monitoring market in 2016, succeeded by EU. The important market share of the North American area can be accredited to the quick adoption of new advanced air quality monitoring technologies in this zone. A number of Elements such as ongoing technological advancements in the field of gas analyzers & particulate sensors, increasing public-private funding and market investments, and the presence of supporting government regulations are further stimulating the industry demand for air quality monitoring in North America (NA). Nevertheless, pricing pressures faced by top market players and technical issues associated to conventional products in the North American area are negatively affecting the rise of the air quality monitoring market in this area.

The air quality monitoring market is competitive, with a big number of overall and local providers of air quality monitoring solutions. Thermo Fisher Scientific, Incorporated, Teledyne Technologies Inc., and Siemens Aktiengesellschaft were the best three market actors in the air quality monitoring market in 2015. These firms together accounted for 56.20 percent of the overall market. Latest product launches and products consolidations; alliances, strategic agreements, and collaborations; acquisition; and geographic extensions are the main strategies approved by most of the market actors to accomplish increase in the air quality monitoring market.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research highlights on several levels of review of the top actors and company descriptions, which together comprise and examine basic views on the competitive landscape; coming out and high-growth segments of the AQM market; and high-growth areas and their respective drivers, market restraints, opportunities, and alternatives.

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations in garnering a greater market share. Companies obtaining the industry report could use any one or an aggregation of the below-mentioned five strategies (sector entry, product improvement/innovative projects, sector development, industry diversification, and opposing assessment) for strengthening their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on AQM products provided by the most important 10 market actors in the AQM market. The analysis examines the air quality monitoring market by product, sampling method, pollutant type, and end users across four geographies

- Product improvement/Innovative products: In-depth understanding on current technologies, analysis and growth activities, and recent product launches in the AQM market

- Industry development: Highlighted information about the profitable emerging sectors. The market research examines the industries for different air quality monitoring products across four geographies (North America continent, Europe (EU), Asia Pacific (APAC), and the Rest of the globe)

- Opposing assessment: Assessment of market shares, strategies, products, distribution networks, and manufacturing competences of the key players in the AQM monitoring market

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