Air quality monitoring (AQM) system is a device used to monitor the level of pollutant in the environment. It identifies the concentration of pollutants such as particulate matter, nitrous oxide, carbon monoxide, and sulfur dioxide. The global air quality monitoring system market is growing at significant rate, due to boosting level of air pollution and mounting occurrence of respiratory diseases. Different types of products contributed to the air quality monitoring system market size. The market has witnessed high demand for indoor monitors over the last few years due to mounting consumer inclination for pollution-free indoor environments.
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The high product cost, slow implementation of air pollution control reforms and technical limitations are the major challenges for the growth of air quality monitoring system market.
Globally, the manufacturing companies trying to enter the air quality monitoring system market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.
Geographically, North America is the largest air quality monitoring system market as in the region the acceptance of innovative technologies among major investors is expeditious. The existence of strict government regulations for effectual pollution monitoring, mounting occurrence of respiratory diseases, cancer and cardiovascular diseases and control are also up surging growth of the North American air quality monitoring system industry.
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Asia-Pacific is observed to witness fastest growth in the market, as in the region strictness of air pollution regulations is mounting. In addition, the large-scale industrialization, mounting occurrence of respiratory diseases, cancer and cardiovascular diseases and uninterrupted government assistance for the development and commercialization of innovative AQM products are also creating a positive impact on the air quality monitoring system industry growth in the region.
Key players in the air quality monitoring system market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe. In February 2018, Teledyne Technologies launched Model T640 PM Mass Monitor, to calculate the dilution of fine particulate matter below 2.5 microns in diameter. Thermo Fisher Scientific Inc., Emerson Electric Co., Siemens, 3M, Teledyne Technologies, Merck KGaA, General Electric Company, Horiba Limited, Spectris, and TSI Incorporated are the key players offering air quality monitoring system.
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