Insights into the Air Quality Monitoring (AQM) Industry: Market Financial Status, Market Size, and Revenue Analysis up to 2031

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6 min read

The "Air Quality Monitoring (AQM) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Air Quality Monitoring (AQM) market is expected to grow annually by 4.6% (CAGR 2024 - 2031).

This entire report is of 179 pages.

Air Quality Monitoring (AQM) Introduction and its Market Analysis

The Air Quality Monitoring (AQM) market research reports indicate a growing demand for monitoring solutions to track and analyze air quality parameters. AQM involves the measurement and analysis of pollutants in the air to ensure compliance with environmental regulations and protect public health. The market is driven by increasing awareness of the impact of air pollution on health, stringent government regulations, and technological advancements in monitoring equipment. Key players in the market include Thermo Fisher Scientific, Teledyne Technologies, Siemens, Emerson Electric, General Electric, and Horiba. The report recommends investing in advanced monitoring technology and expanding market presence to capitalize on the growing demand for AQM solutions.

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The Air Quality Monitoring (AQM) market is witnessing a rapid growth with a variety of indoor and outdoor monitors catering to different industries such as government and academic institutes, power generation plants, commercial and residential areas, pharmaceutical and petrochemical industries, and others. These monitors are essential for tracking pollution levels and ensuring a healthy environment for all.

Regulatory and legal factors play a crucial role in the AQM market, with strict guidelines and standards set by governing bodies to monitor and control air quality. Companies in this market need to comply with regulations related to emissions, pollutants, and monitoring standards to ensure the safety and well-being of the population.

Indoor monitors are essential for monitoring air quality inside buildings, while outdoor monitors track pollution levels in the surrounding environment. The AQM market is also segmented based on applications, providing specific solutions for different industries to meet their unique monitoring needs.

With the growing awareness about environmental pollution and its impact on human health, the demand for air quality monitors is increasing, making the AQM market a lucrative industry with significant growth potential. Regulatory compliance and adherence to legal standards are crucial for companies operating in this market to ensure the health and safety of the community.

Top Featured Companies Dominating the Global Air Quality Monitoring (AQM) Market

The global Air Quality Monitoring (AQM) market is highly competitive, with key players such as Thermo Fisher Scientific, Teledyne Technologies, Siemens, Emerson Electric, General Electric, and Horiba dominating the market. These companies offer a wide range of AQM solutions, including portable and fixed monitoring devices, sensors, and software solutions to monitor and analyze air quality parameters such as particulate matter, VOCs, and gases.

Thermo Fisher Scientific is a leading player in the AQM market, offering a comprehensive range of monitoring solutions for various industries, including environmental monitoring, industrial hygiene, and research. Teledyne Technologies specializes in providing advanced sensor technologies for AQM applications, while Siemens offers integrated AQM systems for smart cities and industrial applications. Emerson Electric provides AQM solutions for industrial emissions monitoring, and General Electric offers AQM solutions for power plants and manufacturing facilities. Horiba is known for its high-precision AQM instruments for ambient air monitoring.

These companies help grow the AQM market by investing in research and development to enhance their product offerings, expanding their global presence through strategic partnerships and acquisitions, and developing innovative AQM technologies to meet the increasing demand for air quality monitoring solutions. Their solutions are utilized by government agencies, environmental consulting firms, industrial facilities, and research institutions worldwide to monitor and mitigate air pollution and its impact on public health and the environment.

While specific sales revenue figures are not publicly available for these companies in the AQM market, it is estimated that the global AQM market is valued at over $4 billion, with a projected CAGR of over 8% from 2021 to 2026. Through their expertise and innovation in air quality monitoring technologies, these companies play a crucial role in advancing environmental sustainability and public health initiatives globally.

  • Thermo Fisher Scientific
  • Teledyne Technologies
  • Siemens
  • Emerson Electric
  • General Electric
  • Horiba

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Air Quality Monitoring (AQM) Market Analysis, by Type:

  • Indoor Monitors
  • Outdoor Monitors

Air Quality Monitoring (AQM) encompasses both indoor and outdoor monitoring. Indoor monitors measure pollutants such as VOCs, CO, and particulate matter inside homes and buildings. Outdoor monitors track pollutants like NO2, , and ozone in the environment. These systems provide real-time data, enabling individuals to take necessary precautions to protect their health. The demand for AQM is rising due to increasing awareness of the harmful effects of air pollution on human health. Governments and organizations are also implementing regulations to monitor and control air quality, further driving the growth of the AQM market.

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Air Quality Monitoring (AQM) Market Analysis, by Application:

  • Government and Academic Institute
  • Power Generation Plants
  • Commercial and Residential
  • Pharmaceutical Industry
  • Petrochemical Industry
  • Others

Air Quality Monitoring (AQM) is used by government and academic institutes to measure pollutants and ensure compliance with regulations. Power generation plants rely on AQM to monitor emissions and control air quality standards. Commercial and residential areas use AQM to assess indoor and outdoor air quality, protecting inhabitants from harmful pollutants. The pharmaceutical and petrochemical industries use AQM to maintain product quality and ensure worker safety. The fastest-growing application segment in terms of revenue is the commercial and residential sector due to increasing awareness and regulations on air quality control in these environments.

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Air Quality Monitoring (AQM) Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The Air Quality Monitoring (AQM) market is experiencing significant growth across various regions. In North America, the United States and Canada are leading the market with advancements in technology and strong government initiatives. In Europe, countries like Germany, France, ., and Russia are witnessing steady growth due to increasing awareness about environmental pollution. The Asia-Pacific region, particularly China, Japan, South Korea, and India, is expected to dominate the market owing to a rise in industrialization and urbanization. Latin America, Middle East & Africa regions are also showing promising growth with countries like Mexico, Brazil, Saudi Arabia, and UAE making significant investments in AQM infrastructure. China is expected to have the largest market share in the AQM market, followed by the United States and India. The market share percent valuation is estimated to be approximately 30% for China, 20% for the United States, and 10% for India.

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