Air Quality Sensor Market is predicted to reach USD 757.05 billion at a CAGR of 6.00% during the forecast period 2024-2032
Air Quality Sensor Market size is anticipated to register a CAGR of 6.00% between 2024 and 2032 and reach an approximate value of USD 757.05 billion in 2032 | Air Quality Sensor Industry
Market Research Future (MRFR) has published a cooked research report on the “Air Quality Sensor Market” that contains information from 2018 to 2030. The Air Quality Sensor Market is estimated to register a CAGR of 6.00% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Air Quality Sensor Market — Amphenol Corporation, Sensirion AG Switzerland, Paragon AG, Valeo, Sensata Technologies, Inc., Microjet Technology Co., Ltd, Honeywell International Inc., ams AG, OMRON Corporation, Figaro Engineering Inc., Prodrive Technologies, UST Umweltsensortechnik GmbH, and Chemisense Inc, among others.
Air Quality Sensor Market Highlights
The global Air Quality Sensor Market is accounted to register a CAGR of 6.00% during the forecast period and is estimated to reach USD 757.05 billion by 2032
The air quality sensor market refers to the industry involved in the production, distribution, and sale of sensors used to monitor and measure the quality of indoor and outdoor air. These sensors are designed to detect various pollutants and contaminants in the air, such as particulate matter (PM2.5 and PM10), volatile organic compounds (VOCs), carbon dioxide (CO2), carbon monoxide (CO), nitrogen dioxide (NO2), and ozone (O3).
Segment Analysis
The global Air Quality Sensor Market has been segmented based Type End-User
Based on the product type, the market is classified into indoor and outdoor monitors. In the air quality system market by product, indoor monitors are expected to hold a major share in the market, owing to the increasing installation of AQM stations and several initiatives to enhance public awareness related to the health implications of indoor air pollution.
Based on the application, the global market is segmented into commercial & residential, public infrastructure, power generation plants, and others. The commercial & residential end-user is estimated to lead the market owing to high spending capacity, growing demand for a high-quality life, and rising need for protection from severe pollutants that cause health problems. Public infrastructure is expected to grow on account of various government agencies using AQM solutions and establishing national AQM networks. Also, air quality monitors play an important role in academic institutes to avoid the health impact and monitor air pollution.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Air Quality Sensor Market Research Report
Regional Analysis
The global Air Quality Sensor Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America holds a substantial position in the market owing to the presence of key manufacturers in the region. Manufacturers such as Thermo Fisher Scientific, 3M Company, Emerson Electric, Teledyne Technologies, Honeywell, and others have dominated the regional market for AQM systems.
Europe is expected to grow due to the favorable initiatives carried out by the countries in the region to improve air quality. Furthermore, the UN’s framework to lower greenhouse gas emissions, combined with air filtration technologies, is set to enhance the market growth. Germany is one of the leading manufacturers of air quality monitoring solutions and sensors. Manufacturers such as Renesas Electronics, Testo, and others have industrial facilities in the country which augment the market outlook.
China and India were leading players in the Air Quality Sensor market in the Asia-Pacific region. Rapid industrialization, urban population growth, and severe air pollution problems in many major cities drove the need for air quality monitoring solutions in these countries.
It's crucial to remember that market dynamics can change rapidly, and new developments may have occurred since my last update. For the latest information on the regional analysis of the Air Quality Sensor market, I recommend consulting more recent reports and industry analyses from reputable sources.
Key Findings of the Study
- The global Air Quality Sensor Market is expected to reach USD 757.05 billion by 2032 at a CAGR of 6.00% during the forecast period.
- North America holds a substantial position in the market owing to the presence of key manufacturers in the region
- Based on the product type, the market is classified into indoor and outdoor monitors. In the air quality system market by product, indoor monitors are expected to hold a major share in the market, owing to the increasing installation of AQM stations and several initiatives to enhance public awareness related to the health implications of indoor air pollution
- Amphenol Corporation, Sensirion AG Switzerland, Paragon AG, Valeo,Sensata Technologies, Inc., Honeywell International Inc., ams AG, OMRON Corporation, Figaro Engineering Inc., Prodrive Technologies, UST Umweltsensortechnik GmbH, Microjet Technology Co., Ltd and Chemisense Inc, among others