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Air Quality Monitoring System Market by Product, Sampling, Pollutant, End user - Global Forecast to 2022

Air Quality Monitoring System Market: Global Forecast until 2022

  • March 2018
  • 176 pages
  • ID: 4016190
In this report:
As of 2017, the manual monitoring segment is expected to account for a share (##.##%) of the air quality monitoring system market, and expected to reach a value of USD ##.## million by 2022, growing at a CAGR of ##.##% during 2017-2022.
In 2015, the Energy Union Package (European Commission) collaborated with EU-## countries to reduce annual greenhouse gas emissions (with a particular focus on aluminum production) by ##% in 2030 and ##% in 2050 as compared to 1990 levels (Source: Joint Research Centre report, EU).

Summary

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The air quality monitoring system market is estimated to rise at a compound annual growth rate of 4.60 percent during the forecast period.

The overall air quality monitoring system market is estimated to grow ~$4.9B by 2022 from ~$3.9B in 2017, at a compound annual growth rate (CAGR) of 4.60 percent. The main factors driving the rise of the air quality monitoring system market contain the supportive government regulations for effective air pollution monitoring and control, ongoing initiatives towards the development of environment-friendly sectors, growing public-private funding for effective air pollution monitoring, growing levels of air pollution, and growing public awareness related to the environmental and healthcare implications of air pollution. Nevertheless, high product costs and technical limitations combined with the majority of AQM products are anticipated to restrain the increase of this market during the outlook period.

The stack monitoring segment is anticipated to rise at the maximal rate during the estimate period.

On the basis of sampling method, the air quality monitoring system market is categorized into five segments-continuous, passive, intermittent, manual, and stack sampling. The stack monitoring segment is estimated to witness the highest increase during the outlook period, primarily due to its low operational cost, growing government emphasis on regulatory compliance for industrial pollution monitoring, and increasing emphasis on pollution monitoring and control.

In 2017, the chemical pollutants segment recorded for the most important share of the AQMS market.

Established on pollutant, the air quality monitoring system market is divided into chemical, physical, and biological pollutants.The chemical pollutants segment commanded the biggest share in 2017.

The big share of this segment is primarily attributed to the rising stringency of government regulations on the monitoring and control of air pollution, increasing public concerns concerning the health implications of air pollution, and ongoing development & commercialization of innovative gas and chemical detection sensors.

The Asia Pacific market is anticipated to grow at the highest compound annual growth rate (CAGR) during the estimate period.

Geographically, the AQMS market is divided into north america, EU, Asia Pacific (APAC), and the Rest of the globe. The Asia-Pac market is projected to register the maximum growth rate during the outlook period, primarily due to the large-scale industrialization in emerging APAC countries, growing stringency of air pollution regulations, and continuous government support for the development & commercialization of advanced AQM products in this area.

Breakdown of supply-side primary interviews:

• By Company category - Tier 1 - 25.0 percent, Tier 2 - 50.0 percent and Tier 3 - 25.0 percent

• By Description - C-suite - 35.0 percent, Director-level - 50.0 percent, Others - 15.0 percent

• By Area - North America continent - 40.0 percent, Europe (EU) - 30.0 percent, Asia-Pac - 20.0 percent, RoW - 10.0 percent

Some the main actors decribed in this business report are Thermo Fisher Scientific, Teledyne Technologies, Incorporated, Siemens Ltd., Emerson Electric (NYSE:EMR), and General Electric (NYSE:GE).

Segment Research

This report studies the AQMS market established on product, sampling method, pollutant, end-user, and area.The study also studies factors (including drivers, industry restraints, alternatives, and opportunities) affecting market increase.

It examines possibilities and opportunities in the sector and offers details of the competitive landscape for industry top players. Moreover, the analysis examines micromarkets with respect to their individual progress trends and forecasts the revenue of the market segments with respect to four main regions and respective countries.

Why Purchasing This Study Can Help You:

This industry report highlights on different levels of analysis-industry trends, market ranking of the top actors, and company descriptions, which together form basic views and analyze the competitive landscape, emerging segments of the AQMS market, and high-growth areas and their drivers, market restraints, opportunities, and alternatives. The market research will facilitate both established firms as well as new entrants/smaller companies to measure the pulse of the sector and garner greater segment market share.

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