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(Medical-NewsWire.com, March 15, 2019 ) The major factors driving the growth of the air quality monitoring system market include the supportive government regulations for effective air pollution monitoring and control, ongoing initiatives towards the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution, and increasing public awareness related to the environmental and healthcare implications of air pollution.
Rising focus on public awareness regarding indoor air pollution to drive the global demand for indoor air quality monitors
Portable indoor monitors are personal/mobile-use devices that are generally used by individual professionals or a small group of workers for IAQ monitoring. These devices comprise handheld or lightweight platforms that cover a small study area and are intended for indoor usage only. Portable indoor monitors provide a relatively affordable option to end users as compared with fixed monitors, and offer ease in locating the exact source of pollution.
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In 2017, the indoor portable monitors segment accounted for a share of 39.7% of the indoor air quality monitors market, largely due to the increasing adoption of smart home and green building technologies (including effective ventilation, AQM and control, and indoor dust and gas level management) and growing consumer preference for healthy and pollution-free indoor environments. Air Quality Monitoring System Market growth is further aided by the presence of stringent environmental regulations as well as the continuous development and commercialization of innovative technologies in this field.
Emerging markets (such as India, China, Brazil, and Russia) are expected to offer significant growth opportunities to Air Quality Monitoring System instrument manufacturers and distributors during the forecast period due to the rising pollution levels in these countries coupled with increasing public awareness, increased consumer expenditure due to population expansion and rising disposable incomes, and greater government expenditure for effective Air Quality Monitoring System across emerging countries.
Government Agencies and Academic Institutes
Government agencies and academic institutes are major end users of Air Quality Monitoring System products. Due to the presence of stringent environmental regulations mandating the adoption of effective air pollution monitoring and control strategies among major industries, this end user segment will register the highest growth rate in the air quality monitoring system market. In addition, the growing installation of AQM stations across emerging countries is expected to support the growth of this end-user segment in the coming years.
In 2017, North America dominated the AQMS market
Geographically, the AQMS market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America held the largest share of the market in 2017. Factors such as easy accessibility and fast adoption of advanced technologies among key stakeholders and the presence of stringent government regulations for effective pollution monitoring and control are contributing to the large share of the North American region.
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The major players operating in the AQMS market include Thermo Fisher Scientific (US), Teledyne Technologies, Inc. (US), Siemens Ltd. (Germany), Emerson Electric Co. (US), and General Electric (US).
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