The study involved four major activities in estimating the current market size for the Air Quality Monitoring Market. Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
The global air quality monitoring system market (AQMS) is expected to reach USD 6.0 billion by 2025 from USD 4.3 billion in 2019, at a CAGR of 5.6%.

The major factors driving the growth of the air quality monitoring system market include the supportive government regulations for effective air pollution monitoring and control, ongoing initiatives towards the development of environment-friendly industries, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution, and increasing public awareness related to the environmental and healthcare implications of air pollution.

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Market Size Estimation:

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Air Quality Monitoring Market. These methods were also used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

# Product mapping of various manufacturers for each type of air quality monitoring products at the regional and country-level.
# Relative adoption pattern of each air quality monitoring product among key end-users at regional and country-level.
# Detailed primary research to gather quantitative information related to segments and subsegments at the regional and/or country-level.
# Detailed secondary research to gauge prevailing market trends at the regional and/or country-level.

The indoor air quality monitors segment accounted for the largest share of the market in 2019

Based on the product, the air quality monitoring system market is segmented into indoor monitors (comprising fixed and portable monitors), outdoor monitors (comprising fixed, portable, dust, and particulate monitors as well as AQM stations), and wearable monitors. The indoor monitors segment dominated the AQMS market in 2019. The large share of this segment is attributed to the increasing adoption of smart home and green-building technologies and growing consumer preference for pollution-free indoor environments.

Key Questions Addressed by the Report:

# What are the growth opportunities related to the adoption of AQMS products across major regions in the future?
# Emerging countries have immense opportunities for the growth and adoption of AQMS products. Will this scenario continue in the next five years?
# Where will all the advancements in products offered by various companies take the industry in the mid- to long-term?
# What are the new trends and advancements in the market?
Government agencies and academic institutes held the largest share of the AQMS market in 2019

Based on end-user, the Air Quality Monitoring Market is segmented into government agencies and academic institutes, commercial and residential users, petrochemical industry, power generation plants, pharmaceutical industry, smart city authority, and other end users. The government agencies and academic institutes segment accounted for the largest share in 2018. The large share of this segment can be attributed to the presence of stringent environmental regulations, rising government investments for effective AQM, and increased installation of AQM stations worldwide.

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North America to dominate the AQMS market during the forecast period

Geographically, the Air Quality Monitoring System Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America held the largest share of the market in 2019. Factors such as easy accessibility and fast adoption of advanced technologies among key stakeholders and the presence of stringent government regulations for effective pollution monitoring and control are contributing to the large share of the North American region.

The major players operating in the Air Quality Monitoring Market include Thermo Fisher Scientific (US), Emerson Electric (US), General Electric (US), Siemens AG (Germany), Teledyne Technologies (US), PerkinElmer, Inc. (US), Agilent Technologies, Inc. (US), Spectris plc (UK), 3M Company (US), Honeywell International Inc (US), HORIBA, Ltd. (Japan), Merck KGaA (Germany), TSI Incorporated (US), Tisch Environmental (US), and Testo (Germany), among others.

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