Asia Pacific Air Quality Monitoring Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)
Asia Pacific Air Quality Monitoring Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028) Yahoo Finance
Asia Pacific Air Quality Monitoring Market Size & Share Analysis – Growth Trends & Forecasts (2023 – 2028)
The Asia Pacific Air Quality Monitoring Market size is expected to grow from USD 74.03 million in 2023 to USD 92.48 million by 2028, at a CAGR of 4.55% during the forecast period (2023-2028).
Key Highlights
- The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels. Over the medium term, increasing awareness and favorable government policies and non-government initiatives for curbing air pollution are expected to drive the market’s growth.
- The high costs of air quality monitoring systems are expected to hamper the growth of the Asia Pacific air quality monitoring market during the forecast period. Nevertheless, increasing technological advancements in air quality monitoring systems will likely create lucrative growth opportunities for the Asia Pacific air quality monitoring market in the forecast period.
- China dominates the market and is likely to witness the highest CAGR during the forecast period. Increasing awareness of air quality among the public and governments across the country, coupled with supportive government policies.
Asia Pacific Air Quality Monitoring Market Trends
Outdoor Segment to Witness Significant Growth
- The outdoor air quality monitoring systems measure the concentration levels of pollutants, suspended particles, humidity, and temperature in outside air, i.e., in open spaces. They detect the levels of pollutants like CO2, O3, NO2, SO2, formaldehyde (HCHO), total volatile organic compounds (TVOC), etc.
- Bangladesh had an average PM2.5 concentration of 76.9 micrograms per cubic meter of air (µg/m3) in 2021, making it the most polluted country in the world. This was almost 20 µg/m3 more than the average PM2.5 concentrations in India.
- Air quality monitoring systems are majorly deployed by the respective governments in cities and public spaces of a particular state or country. These devices are weather-resistant and must meet certain environmental tests and simulations to be confided by some building certifications.
- The outdoor monitors are further segmented into portable outdoor monitors, fixed outdoor monitors, dust and particulate monitors, and AQM stations. Portable outdoor monitors are the most widely deployed globally due to their operational advantage and easy deployment.
- With the increasing urbanization and more people moving to urban areas, the air pollution levels in urban areas have increased. It is estimated that by 2050, 2.5 billion more people will live in urban areas. The high population density and diverse pollution sources like industrial facilities, municipal waste generation, and transport congestion lead to an urge for better air quality monitoring and addressal systems.
- In November 2021, the Haryana State Pollution Control Board (HSPCB), India, issued a directive to deploy around 100 air quality monitoring systems across Gurugram. These systems will monitor air and noise pollution levels along with weather parameters such as rainfall, wind velocity, etc. The data was supposed to be delivered to the Integrated Command and Control Centre (ICCC) of Gurugram Metropolitan Development Authority (GMDA).
China to Dominate the Market
- According to the World Air Quality Report 2021, among the top 10 most polluted countries in the world, five were from the Asia-Pacific region. Among the top 20 polluted countries, eight were from the region.
- As of 2021, China stands at 22nd position with an average of 32.6 µg/m³ PM2.5 concentration weighted by population according to the World Air Quality Report; in 2020, China stood at the 14th position with an average of 34.7µg/m³ PM2.5 concentration weighted by population. According to the world air quality report, in 2020, the 15 most polluted regional cities in East Asia were from China. Over a million people are estimated to die annually from air pollution in China. However, currently, the country is fighting back with innovative solutions.
- China has a long history of using air quality monitoring systems; the country started monitoring air quality in a few cities in the 1970s and set up an initial national monitoring system in the 1980s. In 2000, the daily Air Pollution Index (API) based on NO2, PM10, and SO2 monitoring data was introduced in the country to assess air quality in 42 cities.
- In recent years, the Government of China has significantly improved air quality monitor coverage. The number of federal air monitoring stations across China increased from 661 to 1,800 between 2012 and 2020. This is in addition to thousands of air monitoring stations being managed and funded by the local governments.
- In recent years, air quality monitoring has drawn attention due to the extensive concerns regarding air pollution in China. China’s air quality monitoring industry has grown faster than expected in recent years.
- However, this technology has been concentrated mainly in urban where it is most required. As public interest and regulatory bodies focus on improving air quality, the Chinese air quality monitoring market is expected to have a positive outlook during the forecast period.
Asia Pacific Air Quality Monitoring Industry Overview
The Asia Pacific air quality monitoring market is moderately fragmented in nature. Some of the major players in the market (in no particular order) include Siemens AG, Thermo Fisher Scientific Inc., 3M Co., Honeywell International Inc., and Teledyne Technologies Inc., among others.
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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 11: Sustainable Cities and Communities
- SDG 13: Climate Action
The article discusses the Asia Pacific air quality monitoring market, which is directly related to the health and well-being of individuals (SDG 3). It also mentions the need for better air quality monitoring systems in urban areas, which is connected to creating sustainable cities and communities (SDG 11). Furthermore, the article highlights the issue of air pollution and the efforts to address it, which aligns with the goal of climate action (SDG 13).
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 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 13.2: Integrate climate change measures into national policies, strategies, and planning.
The article emphasizes the importance of air quality monitoring systems in reducing deaths and illnesses caused by air pollution (Target 3.9). It also highlights the need for improved air quality in urban areas, which contributes to reducing the adverse environmental impact of cities (Target 11.6). Additionally, the article mentions the efforts of governments to address air pollution, which aligns with the integration of climate change measures into national policies (Target 13.2).
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
- Concentration levels of pollutants in outdoor air
- Number of air quality monitoring systems deployed in cities
- Improvement in air quality index
The article mentions the impact of air pollution on health, indicating that the number of deaths and illnesses related to air pollution can be used as an indicator to measure progress towards Target 3.9. It also discusses the concentration levels of pollutants in outdoor air, which can be measured to assess air quality. The deployment of air quality monitoring systems in cities and the improvement in air quality index can serve as indicators for measuring progress towards Targets 11.6 and 13.2.
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 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. | – Concentration levels of pollutants in outdoor air – Number of air quality monitoring systems deployed in cities |
Target 13.2: Integrate climate change measures into national policies, strategies, and planning. | – Improvement in air quality index | |
SDG 13: Climate Action | Target 13.2: Integrate climate change measures into national policies, strategies, and planning. | – Improvement in air quality index |
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: finance.yahoo.com
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