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The global industrial air quality monitoring system market size is expected to grow at a CAGR of 6.32% during 2022-2028. Speak directly to the analyst to clarify any post sales queries you may have.
MARKET TRENDS & DRIVERS
Growing Construction Industries Ignite the Usage of Air Quality Monitor Systems
The air quality monitoring system facilitates the analysis of long-term trends of poor air quality and dust concentration in the construction site. It helps managers or site officials to plan mitigative strategies based on the air quality condition. The construction industry refers to the industrial branch of manufacturing and trade related to repairing, building, renovating, managing, and maintaining infrastructures. According to Oxford Economics, the global construction industry market is expected to reach USD 8 trillion by 2030. The construction volume is expected to be 85% worldwide, with three countries, China, the US, and India, leading the global market, accounting for approximately 57% of the global growth. China, the world's largest construction market, is expected to grow only marginally by 2030. The construction market in India is expected to grow twice as fast as China by 2030, as the urban population in India is expected to grow by 165 million.Rise of Petrochemical Industries Aggravate the Demand for Air Quality Monitor Systems
Petrochemicals are quickly becoming the largest driver of global oil demand. The need for petrochemicals is attributed to a rise in the demand for downstream products from various end-use industries such as automotive, pharmaceuticals, and construction, which is a significant factor driving the market. Petrochemical is an essential component for many industrial processes; therefore, it forms the backbone of the commercial and industrial economy. Certain products derived from petrochemicals include industrial oil, tires, detergents, and plastics. Basic plastic derivatives from the product act as a construction or building block in consumer goods manufacturing. However, carbon dioxide, sulfur and nitrogen oxides, ammonia, acid mist, and fluorine compounds gas emissions are produced from petrochemical production or during the refining processes in the industry. This could be the major drawback for the degradation of air quality by releasing several pollutants like Volatile Organic Compounds (VOCs) into the surrounding atmosphere, which causes cancer and other harmful diseases. Therefore with air quality monitoring systems, industries can detect the presence of toxic levels in the air and monitor air quality to take intelligent actions to improve the quality of air for industrial workers. Hence the growing number of petrochemical industry sites is projected to boost the industrial air quality monitoring system market.INDUSTRY RESTRAINTS
Slow Application of Air Pollution Control Reforms Worldwide
The sluggish implementation of air pollution standard rules is one of the major issues related to the market for air quality monitoring systems. Several growing countries (including China and India) have been accused of being reluctant to enact severe environmental pollution monitoring standards over the last decade. The 2021 World Air Quality Report was released by the Swiss air quality technology company IQAir. It measured the concentration of fine particulate matter (PM2.5) in the air in 6,475 cities in 117 countries with the help of using a network of thousands of monitoring stations. It found that in 2021, out of 15 highly polluted cities in Central and South Asia, 11 were in India. Industrial facilities must stand by the Environmental Protection Agency (EPA) regulations regarding abatement mechanisms and emission pollution.SEGMENTATION INSIGHTS
INSIGHTS BY PRODUCT TYPE
The indoor air quality monitor system dominated the product type segment in the global industrial air quality monitoring system market and was valued at USD 1.00 billion in 2022. According to the Europe Environment Agency, in 2020, the United Kingdom, France, Italy, and Germany contributed around 41% of indoor air pollution in the industrial sectors in the region. The impact of air pollutants on industrial workers is more due to the increased concentration level of pollutant contaminants. The indoor AQM system thus helps industrialists to build a healthier working environment to maintain the AQI under control. By comparing the real-time air quality data with ideal conditions, industries can facilitate adequate ventilation, control the production of pollutants in the facility, and keep temperature & humidity levels within a comfortable range. Therefore the rising pollution level helps to increase the market growth for the industrial indoor air quality monitoring system in the forecast period.Segmentation by Product Type
- Indoor Air Quality Monitor system
- Portable
- Fixed
- Outdoor Air Quality Monitor system
- Portable
- Fixed
- Dust & Particulate Matter Monitors
- AQM Station
INSIGHTS BY CHEMICAL AIR POLLUTANT
Carbon Dioxide (Co2) air monitor systems are mostly used in medium commercial, large commercial, and industrial spaces. The rising CO2 level in the industrial sector is the major factor driving this product's industrial air quality monitoring system market growth. The Carbon Dioxide air monitor industry in the global industrial air quality monitoring system market was valued at USD 813.33 million in 2022 and dominated the chemical air pollutant segment. The segment held the highest market share of 45.31% in 2022.Segmentation by Chemical Air Pollutant
- Carbon Dioxides
- Sulfur Oxides
- Nitrogen Oxides
- Volatile Organic Compounds
- Others
INSIGHTS BY END-USER
The petrochemical industry dominated the global industrial air quality monitoring system market in 2022, accounting for approximately 33.20% of the end-user segment. The demand for petrochemicals is assigned to an increase in the demand for downstream commodities from various end-use industries such as automotive, construction, and pharmaceuticals, which is a major factor that propels the market. Petrochemical is an essential component for many industrial activities and hence forms the backbone of an industrial market. Some industrial goods derived from petrochemicals include industrial oil, plastics tires, and detergents.Segmentation by End User
- Petrochemical Industry
- Power Generator Plants
- Pharmaceutical Industry
- Food & Beverage Industry
- Mining Industry
- Other Industries
GEOGRAPHICAL ANALYSIS
APAC dominated the global industrial air quality monitoring system market in 2022 and is expected to witness a CAGR of 7.12% during the forecast period. The growth is buoyed by spiking demand from rising industrial plants such as the petrochemical power generator industry and others in the region. The major economies in APAC, including China, India, and Japan, are witnessing increasing industrial construction activities due to an increasing number of companies in various sectors setting up their plants in distinct countries to capture the target and potential growth.Segmentation by Geography
- APAC
- China
- Japan
- India
- Australia
- Europe
- Germany
- UK
- France
- Italy
- Russia
- North America
- US
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
COMPETITIVE LANDSCAPE
The industrial air quality monitoring system market is highly competitive, with the presence of a large number of public and private companies. These vendors typically compete on a key range of product design, reliability, quality, support services, and price. The rapid technological advancements adversely impact the market vendors as consumers anticipate the continuous innovations and upgrades of products. The present scenario drives vendors to refine and alter their unique value proposition to achieve a strong market presence.Key Company Profiles
- Thermo Fisher Scientific Inc
- Emerson Electric Co.
- HORIBA, Ltd.
- Siemens AG
- Teledyne Technologies
Other Prominent Vendors
- Aeroqual
- Aldes
- Bosch Sensortec
- CIAT
- Daikin
- Honeywell
- 3M Company
- Systemair
- Johnson Controls
- VTS Group
- Samsung
- Panasonic
- PerkinElmer, Inc
- Swegon
- Hitachi
- Vent-Axia
- Lennox
- TSI Incorporated
- Trox
- Oizom
- Camfil
KEY QUESTIONS ANSWERED:
1. How big is the industrial air quality monitoring system market?2. What is the growth rate of the global industrial air quality monitoring system market?
3. Who are the key players in the global industrial air quality monitoring system market?
4. What are the significant trends impacting the industrial air quality monitoring system market?
5. Which region holds the largest global industrial air quality monitoring system market share?
Table of Contents
1 Research Methodology2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segmentation
4.4.1 Market Segmentation by Product Type
4.4.2 Market Segmentation by End-User
4.4.3 Market Segmentation by Chemical Air Pollutants
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Premium Insights
7 Market at a Glance
8 Introduction
8.1 Overview
8.2 Advantages of Air Quality Monitoring Systems
8.2.1 Effective Air Quality Monitoring
8.2.2 Toxic Gas Detection
8.2.3 Temperature and Humidity Measurement
8.2.4 Avoid Health Issues
8.3 News and Developments in the Market
8.4 Impact of Covid and Russia-Ukraine Conflict
8.4.1 Key Takeaways
8.4.2 Russia-Ukraine Conflict: Global Impact
9 Market Opportunities & Trends
9.1 Rising Preference for Smart Air Quality Monitoring Systems
9.1.1 Advantages of Smart Air Quality Monitoring Systems Include the Following:
9.2 Government and Non-Government Initiatives for Environmental Protection
9.3 Growing Construction Industry Ignites Use of Air Quality Monitoring Systems
10 Market Growth Enablers
10.1 R&D Activities and Technological Advances
10.2 Rising Petrochemical Industry Aggravates Demand for Air Quality Monitoring Systems
10.3 Increasing Mining Activities Propel Growth Rate
11 Market Restraints
11.1 Slow Application of Air Pollution Control Reforms Worldwide
11.2 High Cost of Installation
11.3 Volatility of Raw Material Prices
12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.2.1 Value
12.3 Five Forces Analysis
12.3.1 Threat of New Entrants
12.3.2 Bargaining Power of Suppliers
12.3.3 Bargaining Power of Buyers
12.3.4 Threat of Substitutes
12.3.5 Competitive Rivalry
13 Product Type
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.2.1 Key Insights
13.3 Indoor
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.3.3 Market by Geography
13.3.4 Portable Indoor Air Quality Monitoring System: Market Size & Forecast
13.3.5 Fixed Indoor Air Quality Monitoring System: Market Size & Forecast
13.4 Outdoor
13.4.1 Market Overview
13.4.2 Key Takeaways
13.4.3 Market Size & Forecast
13.4.4 Market by Geography
13.4.5 Portable Outdoor Air Quality Monitoring System: Market Size & Forecast
13.4.6 Fixed Outdoor Air Quality Monitoring System: Market Size & Forecast
13.4.7 Dust & Particulate Matter Monitors: Market Size & Forecast
13.4.8 Aqm Station: Market Size & Forecast (Includes Cooling Tower)
14 Chemical Air Pollutants
14.1 Market Snapshot & Growth Engine (Value)
14.2 Market Overview
14.2.1 Carbon Dioxide (Co2): Market Size & Forecast
14.2.2 Sulfur Oxide (Sox): Market Size & Forecast
14.2.3 Nitrogen Oxide (Nox): Market Size & Forecast
14.2.4 Volatile Organic Compounds (Voc): Market Size & Forecast
14.2.5 Others: Market Size & Forecast
15 End-User
15.1 Market Snapshot & Growth Engine (Value)
15.1.1 Market Overview
15.1.2 Petrochemical Industry (Oil and Gas): Market Size & Forecast
15.1.2 Power Generator Plants: Market Size & Forecast
15.1.3 Pharmaceutical Industry: Market Size & Forecast
15.1.4 Food & Beverage Industry: Market Size & Forecast
15.1.5 Mining Industry: Market Size & Forecast
15.1.6 Other Industry: Market Size & Forecast
16 Geography
16.1 Market Snapshot & Growth Engine (Value)
16.2 Geographic Overview
17 Apac
17.1 Market Overview
17.2 Market Size & Forecast
17.3 Product Type
17.3.1 Market Size & Forecast
17.4 Indoor
17.4.1 Market Size & Forecast
17.5 Outdoor
17.5.1 Market Size & Forecast
17.6 Chemical Air Pollutants
17.6.1 Market Size & Forecast
17.7 End-User
17.7.1 Market Size & Forecast
17.8 Key Countries
17.8.1 China: Market Size & Forecast
17.8.2 Recent Industrial Development Plans & Investments in China 2021-2022
17.8.3 Japan: Market Size & Forecast
17.8.4 India: Market Size & Forecast
17.8.5 Australia: Market Size & Forecast
18 Europe
18.1 Market Overview
18.2 Market Size & Forecast
18.3 Product Type
18.3.1 Market Size & Forecast
18.4 Indoor
18.4.1 Market Size & Forecast
18.5 Outdoor
18.5.1 Market Size & Forecast
18.6 Chemical Air Pollutants
18.6.1 Market Size & Forecast
18.7 End-User
18.7.1 Market Size & Forecast
18.8 Key Countries
18.8.1 Germany: Market Size & Forecast
18.8.2 Uk: Market Size & Forecast
18.8.3 France: Market Size & Forecast
18.8.4 Italy: Market Size & Forecast
18.8.5 Russia: Market Size & Forecast
19 North America
19.1 Market Overview
19.2 Market Size & Forecast
19.3 Product Type
19.3.1 Market Size & Forecast
19.4 Indoor
19.4.1 Market Size & Forecast
19.5 Outdoor
19.5.1 Market Size & Forecast
19.6 Chemical Air Pollutants
19.6.1 Market Size & Forecast
19.7 End-User
19.7.1 Market Size & Forecast
19.8 Key Countries
19.8.1 Us: Market Size & Forecast
19.8.2 Canada: Market Size & Forecast
20 Latin America
20.1 Market Overview
20.2 Market Size & Forecast
20.3 Product Type
20.3.1 Market Size & Forecast
20.4 Indoor
20.4.1 Market Size & Forecast
20.5 Outdoor
20.5.1 Market Size & Forecast
20.6 Chemical Air Pollutants
20.6.1 Market Size & Forecast
20.7 End-User
20.7.1 Market Size & Forecast
20.8 Key Countries
20.8.1 Brazil: Market Size & Forecast
20.8.2 Mexico: Market Size & Forecast
20.8.3 Argentina: Market Size & Forecast
21 Middle East & Africa
21.1 Market Overview
21.2 Market Size & Forecast
21.3 Product Type
21.3.1 Market Size & Forecast
21.4 Indoor
21.4.1 Market Size & Forecast
21.5 Outdoor
21.5.1 Market Size & Forecast
21.6 Chemical Air Pollutants
21.6.1 Market Size & Forecast
21.7 End-User
21.7.1 Market Size & Forecast
21.8 Key Countries
21.8.1 Saudi Arabia: Market Size & Forecast
21.8.2 South Africa: Market Size & Forecast
21.8.3 Uae: Market Size & Forecast
22 Competitive Landscape
22.1 Competition Overview
23 Key Company Profiles
23.1 Thermo Fisher Scientific
23.1.1 Business Overview
23.1.2 Product Offerings
23.1.3 Key Strengths
23.1.4 Key Strategies
23.1.5 Key Opportunities
23.2 Emerson Electric Co.
23.2.1 Business Overview
23.2.2 Product Offerings
23.2.3 Key Strengths
23.2.4 Key Strategies
23.2.5 Key Opportunities
23.3 Horiba, Ltd.
23.3.1 Business Overview
23.3.2 Product Offerings
23.3.3 Key Strengths
23.3.4 Key Strategies
23.3.5 Key Opportunities
23.4 Siemens AG
23.4.1 Business Overview
23.4.2 Product Offerings
23.4.3 Key Strengths
23.4.4 Key Strategies
23.4.5 Key Opportunities
23.5 Teledyne Technologies
23.5.1 Business Overview
23.5.2 Product Offerings
23.5.3 Key Strengths
23.5.4 Key Strategies
23.5.5 Key Opportunities
24 Other Prominent Vendors
24.1 Aeroqual
24.1.1 Business Overview
24.1.2 Product Offerings
24.2 Aldes
24.2.1 Business Overview
24.2.2 Product Offerings
24.3 Bosch
24.3.1 Business Overview
24.3.2 Product Offerings
24.4 Ciat
24.4.1 Business Overview
24.4.2 Product Offerings
24.5 Daikin
24.5.1 Business Overview
24.5.2 Product Offerings
24.6 Honeywell
24.6.1 Business Overview
24.6.2 Product Offerings
24.7 3M Company
24.7.1 Business Overview
24.7.2 Product Offerings
24.8 Systemair
24.8.1 Business Overview
24.8.2 Product Offerings
24.9 Johnson Controls
24.9.1 Business Overview
24.9.2 Product Offerings
24.10 Vts Groups
24.10.1 Business Overview
24.10.2 Product Offerings
24.11 Samsung
24.11.1 Business Overview
24.11.2 Product Offerings
24.12 Panasonic
24.12.1 Business Overview
24.12.2 Product Offerings
24.13 Perkinelmer, Inc.
24.13.1 Business Overview
24.13.2 Product Offerings
24.14 Swegon
24.14.1 Business Overview
24.14.2 Product Offerings
24.15 Hitachi
24.15.1 Business Overview
24.15.2 Product Offerings
24.16 Vent-Axia
24.16.1 Business Overview
24.16.2 Product Offerings
24.17 Lennox
24.17.1 Business Overview
24.17.2 Product Offerings
24.18 Tsi Incorporated
24.18.1 Business Overview
24.18.2 Product Offerings
24.19 Trox
24.19.1 Business Overview
24.19.2 Product Offerings
24.20 Oizom
24.20.1 Business Overview
24.20.2 Product Offerings
24.21 Camfil
24.21.1 Business Overview
24.21.2 Product Offerings
25 Report Summary
25.1 Key Takeaways
25.2 Strategic Recommendations
26 Quantitative Summary
26.1 Market by Geography
26.1.1 Market Size & Forecast by Geography
26.1.2 Market Size & Forecast by Product Type
26.1.3 Market Size & Forecast by Product Type: Indoor
26.1.4 Market Size & Forecast by Product Type: Outdoor
26.2 Market by Chemical Air Pollutants
26.2.1 Market Size & Forecast
26.3 Market by End-User
26.3.1 Market Size & Forecast
27 Appendix
27.1 Abbreviations
Companies Mentioned
- Thermo Fisher Scientific Inc
- Emerson Electric Co.
- HORIBA, Ltd.
- Siemens AG
- Teledyne Technologies
- Aeroqual
- Aldes
- Bosch Sensortec
- CIAT
- Daikin
- Honeywell
- 3M Company
- Systemair
- Johnson Controls
- VTS Group
- Samsung
- Panasonic
- PerkinElmer, Inc
- Swegon
- Hitachi
- Vent-Axia
- Lennox
- TSI Incorporated
- Trox
- Oizom
- Camfil
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 264 |
| Published | April 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 1795 Million |
| Forecasted Market Value ( USD | $ 2592.66 Million |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
