Growing demand for achieving compliance with strict air quality regulations is propelling the need for technical and economic assessment to achieve maximum air quality control facilities. Moreover, growing concerns over indoor air pollution According to Goldstein Research, “is also increasing the need for air quality monitoring services and eventually supporting the market growth. As per World Health Organization (WHO), one out of eight deaths is caused due to indoor air pollution and it is becoming one of the top environmental health risks.”
Global Air Quality Monitoring Services Market Outlook 2024
The global air quality monitoring services market is segmented on the basis of pollutant type, by the air quality monitoring system, by air quality monitoring type, by services type and by end user. Based on air quality monitoring system, portable monitoring system are held a major share of global market in 2016, owing to the increasing demand for portable air quality monitors from residential and commercial users.
Global air quality monitoring services market is anticipated to reach over USD 7.02 billion by 2024, registering a healthy growth during the forecast period. Europe region is estimated to witness steady growth in air quality monitoring services market owing to the increasing environmental awareness increasing health implications. Rising demand for air quality monitors in countries such as Germany, Italy, the UK, France and Spain are likely to create ample of opportunities for the manufacturers of air quality monitoring devices.
Premature deaths caused by outdoor air pollution increases the air quality monitoring services demand
Ambient air quality monitoring services are growing at a faster rate owing to the rapid industrialization and increasing particulate matter in air. As per Economic Co-operation and Development (OECD), over 7 million premature deaths are caused due to air pollution in 2015. Strong exposures to outdoor air pollution are increasing the risk of developing respiratory diseases and cardiovascular diseases. Clean Air Act for lead emission, mercury and air toxics standards for new and existing power plants and other regulations set up by The United States Environmental Protection Agency is accelerating the adoption of air quality monitors in industrial sector and thereby fuelling the air quality monitoring services market.
Global Air Quality Monitoring Services Market
The report contains a detailed overview of the global air quality monitoring services market in terms of market segmentation by types of data, by components, by application and by the end user. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global air quality monitoring services market also provides competitive outlook of some of the major players of global air quality monitoring services market which includes profiling of companies such as Thermo Fisher Scientific Inc., Teledyne Technologies Inc., Siemens AG, Emerson Electric Co., General Electric Company, G3M Company, HORIBA, Ltd., Servomex, MERCK KGaA, TSI Inc., Servomex Group Ltd., Testo AG, Cerex Monitoring Solutions, ENVIRODATA, S.L., GEL Engineering, Cumulate air quality monitor, Promet Environmental Group Ltd., Calspec, Perfect Pollucon Services, Oizom Instruments Pvt. Ltd., Cairpol, AQMesh, Galson Laboratories, AMETEK MOCON – Baseline, Gasmet Technologies Oy and Sintrol Oy. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global air quality monitoring services market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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