Air Quality Monitoring Equipment Market Worth $6147.77 Million by 2019

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Mar 30, 2015, 09:30 ET

DALLAS, March 30, 2015 /PRNewswire/ --

According to a new market research report "Air Quality Monitoring Equipment Market by Product (Portable, Fixed Gas, Dust & Particulate Monitors), End User (Commercial & Residential, Power, Pharmaceutical, Academia), Component (Physical, Chemical, Biological) - Global Forecast to 2019", published by MarketsandMarkets, the global Air Quality Equipment Market is expected to reach $6,147.77 Million by 2019 from $3,965.25 Million in 2014, growing at a CAGR of 9.15% between 2014 and 2019.

Browse 69 market data Tables and 94 Figures spread through 150 Pages and in-depth TOC on "Air Quality Monitoring Equipment Market"

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The report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global Air Quality Monitoring Equipment Market along with the estimates and forecasts of the revenue and market share analysis.

Air quality monitoring is carried out to assess the extent of pollution, ensure compliance with national legislation, evaluate control options, and provide data for air quality modeling. There are a number of different methods to measure any given pollutant, varying in complexity, reliability, and detail of data. These range from simple passive sampling techniques to highly sophisticated remote sensing devices.

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The global Air Quality Monitoring Equipment Market is segmented on the basis of products, end users, components, technology and geography. By end user, the market is divided into government and academia, commercial and residential users, refining, and oil and gas industries, power plants, pharmaceutical industry, and other end users (chemical, food, metal, and mining industries). By products, the market is segmented into indoor air quality monitors and outdoor air quality monitors. The indoor air quality monitors are further segmented into indoor fixed monitors and indoor portable monitors. Similarly, outdoor air quality monitors include AQM stations, dust & particulate monitors, outdoor fixed monitors, and outdoor portable monitors.

The Air Quality Monitoring Equipment Market on the basis of components is further sub-segmented into biological, chemical, and physical components. Of these, the biological component sub segment held the largest share of the global Air Quality Monitoring Equipment Market in 2014. On the basis of technology the Air Quality Monitoring Equipment Market is categorized into continuous monitoring, intermittent monitoring, manual monitoring, and passive monitoring.

The geographic segments included in this report are Asia, Europe, North America, and Rest of the World (RoW). North America includes Canada, and the U.S.

The global Air Quality Monitoring Equipment Market is expected to reach $6147.77 million by 2019 from $3968.25 million in 2014, growing at a CAGR of 9.15% from 2014 to 2019. The rising air pollution will be the most important growth drivers for this market in the forecast period (2012-2019). Moreover, increased health concerns and stringent air pollution control norms by government organizations are also expected to drive the market growth. However, high cost of equipment and lack of government funding for research may hinder the growth of this market.

The major players in this market are 3M Company (U.S.), Aeroqual, Ltd. (New Zealand), Cerex Monitoring Solutions, LLC (U.S.), Honeywell International, Inc. (U.S.), HORIBA, Ltd. (Japan), PerkinElmer, Inc. (U.S.), Teledyne Technologies, Inc. (U.S.), Thermo Fisher Scientific Corporation (U.S.), Tisch International (U.S.), and TSI, Inc. (U.S.).

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