Air Quality Monitoring Equipment Market: Introduction
Transparency Market Research delivers key insights on the global air quality monitoring equipment market. In terms of revenue, the global air quality monitoring equipment market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global air quality monitoring equipment market.
Air quality monitoring equipment are used for monitoring the level of pollution present in the atmosphere. These equipment help in keeping a track of the pollution level and air quality in order to avoid fatigue, discomfort, and dizziness, which further hamper the overall productivity level. The global air quality equipment market is primarily driven by rising concerns pertaining to ill effects on air pollution on the health of citizens in addition to prompt efforts by governments of various countries to curb air pollution. Based on type, air quality monitoring equipment are classified into indoor air quality monitoring equipment and outdoor air quality monitoring equipment.
Air Quality Monitoring Equipment Market: Dynamics
Adoption of air quality monitoring equipment in smart city projects is growing. This is due to the emergence of smart cities, population, and increase in the number of vehicles. This has led to rise in air pollution. Thus, efficient management of air quality plays an important role in smart cities. Air quality monitoring equipment have been evolving led by the rising trend of Internet of Things (IoT). Air quality monitoring sensors used in large numbers in these equipment help in collecting a large volume of data related to air quality. This data is useful while making decisions pertaining to air pollution.
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Moreover, demand for air quality monitoring equipment is rising worldwide, as a result of launch of a large number of air quality monitoring systems in several countries. For instance, in 2019, Jersey, a player based in the U.K., announced the launch of an air quality monitoring system that can collect real-time environmental data to help government agencies in curbing air pollution. Launch of new air quality monitoring systems across the globe is projected to drive the global market for air quality monitoring equipment during the forecast period.
Additionally, several manufacturers are focusing on the development of technologically advanced air quality monitoring equipment to curb air pollution effectively. Furthermore, the demand for air quality monitoring equipment is rising among consumers for use in homes, owing to increased awareness about air quality monitoring at residential places and increasing adoption of smart buildings. This is expected to be a prominent factor propelling the global air quality monitoring equipment market during the forecast period.