Air Quality Monitoring Market to be Worth $11.3 Billion by 2030 As Revealed In New Report
Air Quality Monitoring Market to be Worth $11.3 Billion by 2030 As Revealed In New Report WhaTech
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Global Air Quality Monitoring Market: Product Type, Sampling Method, End Users (Residential, Government & Public Utilities, Commercial, Industrial), and Geographic Trends – Forecast to 2030
Meticulous Research®—a leading global market research company, published a research report titled, ‘Air Quality Monitoring Market by Product Type, Sampling Method, and End User (Residential, Government & Public Utilities, Commercial End Users, and Industrial End Users) and Geography – Global Forecast to 2030.’
Sustainable Development Goals (SDGs)
- Goal 3: Good Health and Well-being
- Goal 7: Affordable and Clean Energy
- Goal 9: Industry, Innovation, and Infrastructure
- Goal 11: Sustainable Cities and Communities
- Goal 13: Climate Action
- Goal 17: Partnerships for the Goals
Introduction
According to a research report by Meticulous Research®, the global air quality monitoring market is projected to reach $11.3 billion by 2030, at a CAGR of 6.6% from 2023 to 2030. The growth of this market is driven by the increasing availability of advanced IoT-enabled air quality monitoring systems, increasing demand for smart air quality monitoring solutions for reducing pollution, and stringent government regulations regarding industrial emissions.
Market Overview
The global air quality monitoring market offers significant growth opportunities for stakeholders due to the growing industrialization in emerging economies and technological advancements in air quality monitoring systems. However, the high cost of air quality monitoring systems and technical limitations may restrain market growth. Additionally, the slow implementation of air pollution control reforms worldwide poses a challenge to the market.
Product Type
- Indoor air quality monitors
- Outdoor air quality monitors
The indoor air quality monitors segment is expected to account for the larger share of the global air quality monitoring market. This is attributed to the growing need to measure and monitor the quality of indoor air and the increasing adoption of portable handheld devices and smart devices. On the other hand, the outdoor air quality monitors segment is projected to register the highest CAGR during the forecast period.
Sampling Method
- Active monitoring
- Passive monitoring
- Intermittent monitoring
- Other sampling methods (stack monitoring)
The active monitoring segment is expected to account for the largest share of the global air quality monitoring market. This is due to the growing use of instruments and sensors that actively sample and measure air pollutants in real-time or near real-time. The segment is projected to register the highest CAGR during the forecast period.
End Users
- Residential
- Government & Public Utilities
- Commercial End Users (Transportation & Logistics, Education, Healthcare, Shopping Malls & Retail Stores, Hospitality, Airports, and other commercial end users)
- Industrial End Users (Automotive, Pharmaceutical, Oil & Gas, Chemicals, Food & Beverage, Metal & Mining, Textile, Agriculture, and other industrial end users)
The industrial end users segment is expected to account for the largest share of the global air quality monitoring market. This is attributed to the growing need to identify pollution sources, assess pollution control measures, and mitigate health and environmental risks. The segment is projected to register the highest CAGR during the forecast period.
Geographic Trends
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
North America is expected to account for the largest share of the global air quality monitoring market. This is due to increased government funding for environmental sustainability, installations of environmental monitoring stations, and technological advancements in sensor technologies. However, Asia Pacific is projected to register the highest CAGR during the forecast period, driven by the growing demand for air quality monitoring solutions and increasing public awareness about the importance of air quality monitoring.
Key Players
The key players operating in the global air quality monitoring market include Thermo Fisher Scientific Inc., Emerson Electric Co., Siemens AG, Teledyne Technologies, 3M COMPANY, Merck KGaA (a subsidiary of Merck Group), Honeywell International Inc., General Electric Company, HORIBA, Ltd., Tish Environmental, Inc., Testo India Pvt. Ltd., Spectris plc, Agilent Technologies, Inc., Chemtrols Industries Pvt. Ltd., and Vasthi Instruments.
Conclusion
The global air quality monitoring market is projected to witness significant growth due to factors such as technological advancements, increasing demand for smart solutions, and government regulations. The market offers opportunities for stakeholders to contribute to the achievement of Sustainable Development Goals (SDGs) related to health, energy, industry, cities, climate, and partnerships.
SDGs, Targets, and Indicators
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 3: Good Health and Well-being
- SDG 7: Affordable and Clean Energy
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 11: Sustainable Cities and Communities
- SDG 13: Climate Action
- SDG 17: Partnerships for the Goals
The article discusses the global air quality monitoring market and its connection to various sustainable development goals. It highlights the importance of monitoring air quality for good health and well-being (SDG 3), reducing pollution and emissions for clean energy (SDG 7), technological advancements in monitoring systems for industry and infrastructure (SDG 9), tracking emissions and ensuring compliance with environmental regulations for sustainable cities and communities (SDG 11), addressing air pollution as part of climate action (SDG 13), and the need for partnerships to improve air quality monitoring worldwide (SDG 17).
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 3.9: By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water, and soil pollution and contamination.
- Target 7.2: By 2030, increase substantially the share of renewable energy in the global energy mix.
- Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
- Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
- Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries.
- Target 17.17: Encourage and promote effective public, public-private, and civil society partnerships, building on the experience and resourcing strategies of partnerships.
Based on the issues discussed in the article, the specific targets identified include reducing deaths and illnesses from air pollution (Target 3.9), increasing the share of renewable energy (Target 7.2), upgrading infrastructure and adopting clean technologies (Target 9.4), reducing the environmental impact of cities (Target 11.6), strengthening resilience to climate-related hazards (Target 13.1), and promoting partnerships for sustainable development (Target 17.17).
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Number of deaths and illnesses related to air pollution
- Share of renewable energy in the global energy mix
- Investment in sustainable infrastructure and clean technologies
- Air quality index and pollutant levels in cities
- Resilience to climate-related hazards and natural disasters
- Number of partnerships and collaborations for air quality monitoring
The article mentions indicators that can be used to measure progress towards the identified targets. These indicators include tracking the number of deaths and illnesses related to air pollution, monitoring the share of renewable energy in the global energy mix, measuring investment in sustainable infrastructure and clean technologies, assessing air quality through indices and pollutant levels in cities, evaluating resilience to climate-related hazards and natural disasters, and tracking the number of partnerships and collaborations for air quality monitoring.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 3: Good Health and Well-being | Target 3.9: By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water, and soil pollution and contamination. | Number of deaths and illnesses related to air pollution |
| SDG 7: Affordable and Clean Energy | Target 7.2: By 2030, increase substantially the share of renewable energy in the global energy mix. | Share of renewable energy in the global energy mix |
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes. | Investment in sustainable infrastructure and clean technologies |
| SDG 11: Sustainable Cities and Communities | Target 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management. | Air quality index and pollutant levels in cities |
| SDG 13: Climate Action | Target 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters in all countries. | Resilience to climate-related hazards and natural disasters |
| SDG 17: Partnerships for the Goals | Target 17.17: Encourage and promote effective public, public-private, and civil society partnerships, building on the experience and resourcing strategies of partnerships. | Number of partnerships and collaborations for air quality monitoring |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: whatech.com
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