PUBLISHER: Grand View Research | PRODUCT CODE: 1679581
PUBLISHER: Grand View Research | PRODUCT CODE: 1679581
The global air quality monitoring equipment market is anticipated to reach USD 7,297.5 million by 2030 and is expected to expand at a CAGR of 6.9% during the forecast period, according to a new report by Grand View Research, Inc. The air quality monitoring equipment market is driven by growing concerns over the health impacts of air pollution, with increasing demand for advanced monitoring systems in response to the adverse effects on respiratory and cardiovascular health. Government regulations in urban and industrial sectors are also pushing businesses to adopt air quality solutions to comply with environmental standards. In addition, advancements in sensor technology, IoT, and AI are enhancing real-time monitoring, contributing to market growth. The rise in industrial activities, urbanization, and climate change-related events further intensify the need for continuous air quality monitoring.
Market opportunities are significant in emerging markets, where rapid urbanization and industrialization are leading to rising pollution levels. Smart city initiatives are also creating demand for real-time air quality monitoring solutions, and the growing focus on environmental sustainability and climate change mitigation provides ample growth prospects. In addition, increasing awareness of indoor air quality in residential and commercial settings is driving demand for affordable, user-friendly monitoring solutions.
Regulations from international organizations such as the WHO and national agencies such as the U.S. EPA and EU are shaping the market, with stricter air quality standards forcing industries and governments to adopt advanced monitoring systems to comply with emissions limits. These regulations, along with environmental laws aimed at reducing industrial emissions, are key drivers of market growth.
Top players in the market are focusing on innovation and technological advancements to stay competitive. Investment in R&D is improving the accuracy, portability, and affordability of monitoring systems. In addition, manufacturers are integrating cloud connectivity and AI-driven data analytics into their products to enhance decision-making in air quality management, with a strong focus on sustainability and energy-efficient solutions. Strategic partnerships with other market players government bodies, environmental organizations, and technology providers are helping expand market reach. For instance, in November 2023, Sensirion AG and Terabee partnered to enhance indoor air quality monitoring equipment. This collaboration combines Sensirion's expertise in environmental sensors with Terabee's advanced people-counting and occupancy monitoring solutions. By integrating these technologies, the partnership seeks to provide comprehensive insights into indoor environments, enabling better air quality management and optimized ventilation strategies based on real-time occupancy data.