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(Medical-NewsWire.com, August 27, 2018 ) Browse 73 market data Tables and 42 Figures spread through 174 Pages and in-depth TOC on "Air Quality Monitoring System Market"
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By product, the indoor monitors segment accounted for the largest share of the market in 2017
Based on product, the air quality monitoring system market is segmented into indoor monitors (comprising fixed and portable monitors), outdoor monitors (comprising fixed, portable, dust, and particulate monitors as well as AQM stations), and wearable monitors.
The indoor monitors segment dominated the AQMS market in 2017. The large share of this segment is attributed to the increasing adoption of smart home and green-building technologies and growing consumer preference for pollution-free indoor environments.
Government agencies and academic institutes held the largest share of the AQMS market in 2017
On the basis of end user, the air quality monitoring system market is segmented into government agencies and academic institutes, commercial and residential users, petrochemical industry, power generation plants, pharmaceutical industry, smart city authority, and other end users.
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The government agencies and academic institutes segment accounted for the largest share in 2017. The large share of this segment can be attributed to the presence of stringent environmental regulations, rising government investments for effective AQM, and increased installation of AQM stations worldwide.
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.
Analysis of the market developments between 2015 and 2018 revealed that several growth strategies such as product launches, enhancements, strategic acquisitions, agreements, partnerships, collaborations, and expansions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the air quality monitoring systems market. Among these business strategies, product enhancements, agreements, and partnerships were the most widely adopted growth strategies by the players in the air quality monitoring systems market.
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Thermo Fisher Scientific (US) held the leading position in the global air quality monitoring system market. The company possesses a robust AQM portfolio that includes products for ambient gas monitoring, emission monitoring, and particulate monitoring. The company has a strong geographic presence across North America, Europe, APAC, and Africa.
Siemens (Germany) held the second position in the air quality monitoring system market in 2016. The company has a strong AQM product portfolio, well-established distribution network, and wide geographic presence across the globe. The company mainly focuses on product launches and partnerships as its key growth strategy to strengthen its position in the global air quality monitoring system market.
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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