PUBLISHER: The Business Research Company | PRODUCT CODE: 1499991
PUBLISHER: The Business Research Company | PRODUCT CODE: 1499991
Air quality sensors are devices designed to measure the concentration of pollutants and other harmful particles present in the air. They detect a range of pollutants, including particulate matter, carbon monoxide, and nitrogen dioxide, providing real-time data that aids in monitoring air quality levels and supporting environmental assessment and management efforts.
The primary categories of air quality sensors include signal-gas monitoring systems and multi-gas monitoring systems. Signal-gas monitoring systems are technologies that detect and measure specific gases or chemical compounds in the air, typically utilized for safety or environmental monitoring purposes. In terms of portability, there are various types such as portable air quality sensors and fixed air quality sensors, both used for monitoring different pollutants such as chemicals, particulate matter, and biological agents. These sensors find application across various sectors, including government agencies, petrochemical industries, power plants, and residential areas.
The air quality sensors research report is one of a series of new reports from The Business Research Company that provides air quality sensors market statistics, including the air quality sensors industry's global market size, regional shares, competitors with an air quality sensors market share, detailed air quality sensors market segments, market trends and opportunities, and any further data you may need to thrive in the air quality sensors industry. This air quality sensors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The air quality sensors market size has grown strongly in recent years. It will grow from $4.83 billion in 2023 to $5.27 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The historical growth can be attributed to the emergence of smart cities, public awareness campaigns, expansion of industrial activities, increased awareness about health hazards, and advances in sensor technology.
The air quality sensors market size is expected to see strong growth in the next few years. It will grow to $7.47 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The anticipated growth in the forecast period can be attributed to the increasing adoption of air quality sensors, ongoing development of smart cities, rapid urbanization, increased focus on air pollution control measures, and rising concerns about climate change. Key trends expected in the forecast period include the integration of IoT technology, a growing demand for low-cost air quality sensors, an increase in concerns about indoor air pollution, integration with smart home systems, and a rise in adoption in automotive applications.
The rise in airborne diseases and related fatalities is expected to drive the growth of the air quality sensors market moving forward. Airborne diseases are those caused by bacteria or viruses that spread primarily through tiny respiratory droplets. Factors contributing to the growth of airborne diseases include higher population density, international travel, migration, and the emergence of antimicrobial-resistant strains. Air quality sensors play a crucial role in detecting concentrations of airborne pollutants, as they are designed to identify and display levels of specific pollutants such as particulate matter (PM) within indoor environments. For instance, in November 2023, the Centers for Disease Control and Prevention reported an 18% increase in estimated measles cases and a 43% increase in estimated deaths in 2022 compared to the previous year. Consequently, the rising number of airborne diseases and fatalities is fueling the expansion of the air quality sensors market.
Key players in the air quality sensors market are concentrating on developing advanced solutions such as outdoor air quality monitoring platforms to gain a competitive advantage. These platforms encompass comprehensive systems integrating various air quality sensors, data collection methods, and analysis tools to continuously monitor and evaluate ambient air quality in specific locations or larger geographical areas. For example, in March 2023, Attune Inc. launched an air quality monitoring (OAQ) kit, a sensor-based platform for outdoor air quality monitoring. This versatile technology solution with multiple sensors detects various outdoor air pollutants such as temperature, humidity, volatile organic compounds (VOCs), particulate matter (PM0.3-1.0, PM2.5, PM10), carbon dioxide (CO2), carbon monoxide (CO), hydrogen sulfide (H2S), nitrogen dioxide (NO2), ozone (O3), and sulfur dioxide (SO2). The platform is customizable based on specific customer requirements.
In January 2022, Marston Holdings acquired Vortex IoT for an undisclosed amount, aiming to enhance its offerings with complementary air quality and acoustic monitoring solutions. This acquisition enables Marston to improve awareness, pinpoint pollution hotspots, and advance public health through comprehensive monitoring solutions. Vortex IoT specializes in manufacturing air quality sensors.
Major companies operating in the air quality sensors market are Bosch Sensortec GmbH, Siemens AG, Haier Group Corporation, Schneider Electric SE, Valeo AG, Amphenol Corporation, Renesas Electronics Corporation, SUEZ SA, Honeywell International Inc., Sensata Technologies Inc., Vaisala Corporation, Sensirion AG, FIGARO Engineering Inc., Paragon AG, Purelogic Labs , Alphasense Ltd., MetOne Instruments Inc., Eltako GmbH, Birdi Inc., AireBeam Communications, Kaiterra Inc., Foobot, AirGuard HK Ltd, PurpleAir Inc., Aeroqual Limited
North America was the largest region in the air quality sensors market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the air quality sensors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the air quality sensors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The air quality sensors market consists of sales of particulate matter (PM) sensors, gas sensors, volatile organic compound (VOC) sensors, and ozone sensors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Air Quality Sensors Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on air quality sensors market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for air quality sensors ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The air quality sensors market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.