IoT and cloud-based innovations are transforming the air quality monitoring equipment market. Manufacturers are focusing on real-time air quality monitoring systems that are integrated with IoT. One of the most alarming issues that urban population comes across is the degenerative air quality, which has created a demand for advanced air quality monitoring equipment. Moreover, increased awareness about WHO guidelines catering to the non-compliance of low- and middle-income countries toward establishment of air quality measures in cities are contributing to market growth.
The installation of sensors has gained prime importance to monitor dust particles and other hazardous gases in cities to ensure the air is not contaminated. This is evident since sensors are an important component of the air quality monitoring equipment hardware, which is anticipated to reach ~US$ 7 Bn by the end of 2027. The rapid growth in smartphone usage is benefitting companies in the air quality monitoring equipment market, since government agencies can share information via smartphones.
The U.S. Environmental Protection Agency is increasing research in instruments and techniques to measure and monitor air quality. As such, North America is anticipated to generate the second-highest revenue in the air quality monitoring equipment market. Thus, manufacturers can gain important insights from the research carried out by the EPA who is a leader in the development of instruments and techniques that evaluate air emissions. There is a growing demand for air quality monitoring equipment to protect public health and the environment from air pollution.
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Companies in the market for air quality monitoring equipment are increasing their efficacy in measurement research that helps stakeholders to determine the composition of sources of air pollution. Measurement research is being highly publicized for its ability to improve monitoring capabilities, and supports public health research. As such, companies in the air quality monitoring equipment market are increasing R&D to evaluate new and improved air measurement technologies that comply with air quality regulations.
Breakthrough Sensor Technology Revolutionizes Air Quality Monitoring Equipment Market
Low-cost sensor systems hold promising potential with the combination of stationary and portable sensors that deploy optical methods for counting particulate matter (PM). Companies in the air quality monitoring equipment market are employing electrochemical approaches for the measurement of gas species. Low investment cost and set up of sensors in non-regulatory monitors as part of the stationary network help to improve spatial characterization of highly variable pollution exposures.
A unique research methodology has been utilized by TMR to conduct comprehensive research on the global air quality monitoring equipment market and arrive at conclusions on future growth prospects for the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the conclusions drawn.
Secondary research sources referred to by analysts during production of the report on the global air quality monitoring equipment market include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and market white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who have contributed to production of TMR’s study on the global air quality monitoring equipment market as a primary research source.
These primary and secondary sources provided exclusive information during interviews, which served as a validation from leading players operating in the global air quality monitoring equipment market. Access to an extensive internal repository as well as external proprietary databases allowed this report to address specific details and questions about the global air quality monitoring equipment market with accuracy. The study also uses a top-down approach to assess the numbers for each segment and a bottom-up approach to counter-validate them. This has helped in making TMR’s estimates on future prospects of the global air quality monitoring equipment market more reliable and accurate.