The global Air Quality Monitoring (AQM) system market size was US$ 4.6 billion in 2021. The global air quality monitoring (AQM) market is forecast to reach the value of US$ 7.2 billion by 2030, registering a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2030.
Air quality monitoring systems are the devices that help monitor the concentration of pollutants in the air. The global air quality monitoring market is driven by increasing pollution, growing government initiatives, rising industrialization and urbanization, and growing awareness about health hazards of excess pollution.
Factors Influencing
Regional Analysis
Regionally, North America holds the largest share in the global air quality monitoring system market. The region will hold dominance in the global air quality monitoring (AQM) system market due to the increasing adoption of advanced technologies, stringent government regulations, and growing cases of respiratory and cardiovascular diseases.
Asia-Pacific is forecast to register the highest CAGR as various countries in the region register high air pollution. Moreover, different governments' regulations and demands for monitoring and preventing air pollution are forecast to fuel the market growth.
The large-scale industrialization in emerging countries like India and China will benefit the global air quality monitoring (AQM) system market.
COVID-19 Impact Analysis
Due to the COVID-19 pandemic, authorities of various countries restricted travel activities. Moreover, they also banned regular outdoor activities, by imposing a complete lockdown. As a result, manufacturers witnessed several challenges in continuing the operations. For a short time period, industries had to stop their operations. Moreover, the demand for air quality monitoring (AQM) systems declined majorly due to the sudden shift in the COVID-19 impact. Population and authorities were more focused on combating the virus spread. Thus, the global air quality monitoring (AQM) system market witnessed a decline to a considerable extent.
Market Segmentation
By Product Type
By Pollutant Type
By End-User
By Region
Competitors in the Market