Industry Overview
The Global Air Quality Monitoring (AQM) System Market is expected to grow at a CAGR of 9.2% during the forecast period with its market size predicted to reach USD 10.8 billion by 2030. The AQM system market has been experiencing significant growth in recent years due to increasing concerns about air pollution and its impact on human health and the environment. Governments, regulatory bodies, industries, and individuals are increasingly recognizing the importance of monitoring air quality to understand pollution sources, track trends, and develop effective pollution control strategies.
The Air Quality Monitoring (AQM) System Market refers to the market for devices and systems used to monitor and measure air quality. These systems are designed to detect and analyze various pollutants and contaminants present in the air, providing valuable data for assessing air quality and making informed decisions to mitigate environmental and health risks. Different types of products contributed to the air quality monitoring system market size. The market has witnessed a high demand for indoor monitors over the last few years due to mounting consumer inclination for pollution-free indoor environments.
Market Segmentation
Insight by Product
On the basis of product, the market is categorized into outdoor monitors and indoor monitors. Indoor monitors hold a larger share in the market due to the increasing consumer inclination for pollution-free indoor environments, and escalating acceptance of smart home and green-building technologies. Moreover, outdoor monitors are expected to grow at the fastest rate in the market. The indoor monitors are further subdivided into fixed indoor monitors and portable indoor monitors. In addition, the outdoor monitors are further subdivided into portable outdoor monitors, fixed outdoor monitors, AQM station and dust and particulate matter monitors.
Insight by Sampling Method
There are four types of sampling method, manual monitoring, active/continuous monitoring, passive monitoring, and intermittent monitoring. Of all sampling methods, the active/continuous sampling method anticipated accounting foremost share in the air quality monitoring system market. Continuing improvement of progressive continuous monitoring systems, execution of supportive government guidelines for effectual air pollution monitoring, and huge fixing base for continuous air monitoring stations are some of the factors responsible for the growth of the active/continuous sampling method segment.
Insight by Pollutant
There are three types of pollutant, chemical pollutant, physical pollutant, and biological pollutant. Chemicals are one of the most hazardous and common types of pollutants found in the environment. Among all pollutant, the chemical pollutants are the most common type of pollutant monitored through AQM systems.
Insight by End-User
The different end-users in the market are the petrochemical industry, government agencies and academic institutes, commercial and residential users, power generation plants, the pharmaceutical industry, and others. Mounting installation of AQM stations, the existence of strict environmental regulations, and escalating government assets for effectual AQM are the factors growing the demand of government agencies and academic institutes. Among the all end user, the government agencies and academic institutes are expected to install the most number of AQM systems across the globe. In addition, commercial and residential users are expected to register the fastest growth in demand for AQM systems, globally.
Global Air Quality Monitoring (AQM) System Market Report Coverage
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Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2023
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U.S.D. xx.x Billion
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Revenue Forecast in 2030
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U.S.D. 10.8 Billion
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Growth Rate
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9.2%
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Segments Covered in the Report
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By Product, By Sampling Method, By Pollutant and By End User
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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North America, Europe, Asia-Pacific, Middle East, South America and Rest of the World
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Industry Dynamics
Growth Drivers
Air Quality Monitoring (AQM) System Market is witnessing significant growth due to increasing concerns about air pollution and the need for effective pollution control measures. With the rising demand for real-time data and smart city integration, AQM systems play a crucial role in monitoring and managing air quality for a healthier and more sustainable future. The alarming level of air pollution, supportive government regulations for air pollution monitoring and control, increasing occurrence of respiratory diseases, cancer and cardiovascular diseases, and increasing public awareness related to healthcare and environmental implications of air pollution are the primary growth drivers for air quality monitoring system market. For instance, according to the World Health Organization (WHO) air pollution is the major environmental risk to health. Moreover, globally in 2016, approximately 4.2 million premature deaths were caused due to outdoor air pollution in cities and rural area.
Stringent Environmental Regulations: Governments worldwide are implementing stringent regulations to control air pollution and improve air quality. These regulations require industries and other stakeholders to monitor and manage their emissions, driving the demand for AQM systems.
Rising Public Awareness: Increasing awareness among individuals about the health impacts of poor air quality has led to a growing demand for AQM systems for personal use and in public spaces.
Technological Advancements: Advancements in sensor technologies, Internet of Things (IoT), cloud computing, and data analytics have improved the accuracy, efficiency, and connectivity of AQM systems, making them more accessible and effective.
Challenges
The high product cost, slow implementation of air pollution control reforms and technical limitations are the major challenges for the growth of the air quality monitoring system market.
Industry Ecosystem
Globally, the manufacturing companies trying to enter the air quality monitoring system market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier to the entry of new players. This offers an edge to the established players in the industry competition.
Urbanization and Industrialization: Rapid urbanization and industrial activities in developing countries have resulted in increased air pollution levels, creating a need for AQM systems to monitor and mitigate the negative effects.
Health Concerns: The link between air pollution and various health issues, including respiratory diseases, cardiovascular problems, and allergies, has raised concerns among individuals and healthcare organizations, driving the demand for AQM systems.
Geographic Overview
Geographically, North America is the largest air quality monitoring system market as in the region the acceptance of innovative technologies among major investors is expeditious. The existence of strict government regulations for effectual pollution monitoring, the mounting occurrence of respiratory diseases, cancer and cardiovascular diseases and control are also up surging growth of the North American air quality monitoring system industry.
Asia-Pacific is observed to witness the fastest growth in the market, as the region is the major contributor to global air pollution and different governments are forming stringent regulations for monitoring and preventing air pollution. In addition, the large-scale industrialization, mounting occurrence of respiratory diseases, cancer and cardiovascular diseases and uninterrupted government assistance for the development and commercialization of innovative AQM products are also creating a positive impact on the air quality monitoring system industry growth in the region.
Competitive Insight
Key players in the air quality monitoring system market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe.
Emerson Electric Co. is an American multinational corporation headquartered in Ferguson, Missouri. The company manufactures products and provides engineering services for consumer markets, industrial and commercial.
Teledyne provides enabling technologies to sense, transmit and analyze information for industrial growth markets.
Teledyne Technologies Incorporated, 3M Company, Thermo Fisher Scientific Inc., Emerson Electric Co., Siemens AG, ECOTECH GROUP, Merck KgaA, General Electric Company, Horiba Limited, Spectris, TSI Incorporated, Autotronic Enterprise Co. Ltd., and Aeroqual Limited are the key players offering air quality monitoring system.
Recent Developments by Key Players
Teledyne FLIR (part of Teledyne Technologies Incorporated) launched the next mid-wave infrared (MWIR) Neutrino Ground ISR imaging module. The new ITAR-free Neutrino SX8-ISR 35-700 model with 1280x1024 resolution combines Teledyne FLIR’s world-class MWIR camera module and continuous zoom (CZ) lens for integrators developing intelligence, surveillance, and reconnaissance (ISR) systems.
Thermo Fisher Scientific Inc. acquired CorEvitas which is a provider of regulatory-grade, real-world evidence for approved medical treatments and therapies, from Audax Private Equity, for $912.5 million in cash. CorEvitas shall become a part of Thermo Fisher's Laboratory Products and Biopharma Services segment.
The Air Quality Monitoring (AQM) System Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- By Product
- Indoor Monitors
- Fixed
- Portable
- Outdoor Monitors
- Fixed
- Portable
- Dust & Particulate Matter
- AQM Station
- By Sampling Method
- Manual
- Active/Continuous
- Passive
- Intermittent
- By Pollutant
- Physical
- Chemical
- Biological
- By End-User
- Petrochemical Industry
- Government Agencies and Academic Institutes
- Commercial and Residential Users
- Pollutant Generation Plants
- Pharmaceutical Industry
- Others
Region Covered in the Report
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
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