Air Quality Monitoring System Market (By Product Type: Indoor, Outdoor; By Pollutant: Physical, Chemical; By Component; By End-use) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2024-2033

The global air quality monitoring system market size was estimated at around USD 5.47 billion in 2023 and it is projected to hit around USD 11.01 billion by 2033, growing at a CAGR of 7.25% from 2024 to 2033. The air quality monitoring system market in the United States was accounted for USD 1.4 billion in 2023.

Key Pointers

• North America led the market with the largest revenue share of 38% in 2023.
• Asia Pacific is expected to expand at the fastest CAGR of 8.78% from 2024 to 2033.
• By Product Type, the outdoor segment held the largest revenue share 66% in 2023.
• By Product Type, the indoor segment is expected to expand at the highest CAGR of 7.63% between 2024 to 2033.
• By Component, the hardware segment generated the maximum market share of 54% in 2023.
• By Component, the software segment is anticipated to grow at the fastest CAGR of 8.35% from 2024 to 2033.
• By End-use, the commercial segment captured the maximum market share of 41% in 2023.
• By End-use, the industrial segment is expected to witness the fastest CAGR of 7.53% over the forecast period.

Air Quality Monitoring System Market Overview

The air quality monitoring (AQM) market is witnessing unprecedented growth and significance as societies worldwide grapple with escalating environmental concerns. This dynamic market revolves around technologies and solutions aimed at assessing and managing air quality parameters, fostering a crucial nexus between technology, environmental stewardship, and public health.

Air Quality Monitoring System Market Growth

The robust growth of the air quality monitoring market is underpinned by several key factors. First and foremost, the escalating global awareness of environmental issues and the imperative to mitigate climate change have spurred governments and industries to invest significantly in air quality monitoring solutions. Stringent regulatory frameworks and standards mandating pollution control measures further drive the demand for advanced monitoring technologies. The rapid advancements in sensor technologies, facilitating real-time and accurate data collection, contribute to the market's expansion. Additionally, the rise of smart cities and the integration of air quality monitoring into urban planning strategies propel market growth. The increasing public awareness of the health impacts of air pollution fuels the demand for personal monitoring devices, fostering a more active consumer base.

Report Scope of the Air Quality Monitoring Market

Air Quality Monitoring System Market Dynamics

Drivers

• Smart Cities Initiatives: The global trend toward smart city development and sustainable urban planning is a driving force for the integration of air quality monitoring solutions. Governments and city planners increasingly recognize the importance of real-time air quality data in creating healthier and more sustainable urban environments, stimulating market expansion.
• Public Health Concerns: Growing public awareness and concerns regarding the health implications of air pollution are key drivers for the market. Individuals are seeking ways to actively monitor and understand the air quality in their surroundings, leading to increased demand for personal air quality monitoring devices and contributing to the overall market growth.

Restraints

• Limited Awareness and Education: Despite increasing awareness of environmental issues, there remains a gap in understanding the importance of air quality monitoring among certain sectors and communities. Limited awareness and education about the benefits of monitoring solutions impede market growth. Efforts to enhance awareness and education are crucial for fostering broader acceptance and adoption of air quality monitoring technologies.
• Challenges in Remote and Developing Areas: Accessibility and infrastructure challenges in remote or developing areas present a significant restraint. Establishing and maintaining air quality monitoring infrastructure in these regions can be logistically challenging and financially burdensome, hindering comprehensive global coverage and equitable access to monitoring benefits. Addressing these challenges is essential for achieving more inclusive air quality management strategies.

Opportunities

• Data Analytics and Predictive Modeling: The use of advanced data analytics and predictive modeling in air quality monitoring offers substantial opportunities. Developing sophisticated algorithms that can predict air quality trends, pollution hotspots, and potential health impacts enhances the value of monitoring systems. This data-driven approach can provide actionable insights for governments, industries, and individuals.
• Global Health Initiatives: The intersection of air quality monitoring and public health initiatives provides avenues for market growth. Collaborations with health organizations and initiatives aimed at addressing respiratory diseases and other health issues related to air pollution can create new opportunities for market players to contribute to global health and well-being.

Product Type Insights

The outdoor segment dominated the market with the highest revenue share of 66% in 2023. As a result of increased integration activities of these systems with other smart city infrastructures such as smart poles, traffic systems, and streetlight solutions, government mandates for the use of air quality monitoring devices in industries such as oil and gas and pharmaceuticals are another factor driving the growth of the segment. The outdoor segment is bifurcated into fixed and portable segments. Fixed systems accounted for a larger share in 2022, fueled by a significant rise in air quality monitoring station installations in public places.

The indoor segment is expected to witness the fastest CAGR of 7.63% over the forecast period. Indoor monitoring systems are being increasingly adopted due to the growing popularity of smart homes and green buildings. Most people spend 75% to 85% of their daily time indoors. Several air impurities can cause respiratory disorders, allergies, and other ailments, which is a major factor attributed to the growth of the indoor segment. The indoor segment is further classified into portable and physical. The portable indoor air quality monitoring devices accounted for the largest CAGR of the indoor segment in 2023.

Pollutant Insights

The chemical segment, which includes harmful pollutants such as carbon monoxide, dominated the market with the highest revenue share of 60% in 2023. Based on chemical pollutants, the market has been segmented into nitrogen oxides (NOX), sulfur oxides (SOX), carbon oxides (COX), volatile organic compounds (VOCs), and others. The carbon dioxide segment held the largest share, which can be attributed to a rise in the number of factories and vehicles, a major source of COx emissions.

On the other hand, the physical segment is expected to expand at the fastest CAGR of 7.53% over the forecast period, owing to rising awareness regarding particulate matter's health and environmental effects. Particulate matter of fewer than 10 micrometers can cause cardiovascular morbidity among older adults and children below ten. In response to the health risks associated with particulate matter, government agencies such as the Canadian Council of Ministers of the Environment have laid down regulations for manufacturing industries about the emission of particulate matter.

Component Insights

The hardware held the largest market share of 54% in 2023, owing to modernized designs with real-time applications. The large share of this segment can be attributed to the increasing number of system integrators in the market. Some multinational conglomerates perform the work of system integration and, therefore, purchase hardware such as sensors and displays from component manufacturers. With the Internet of Things (IoT), air quality monitoring devices have gained wide exposure. Newer units offer great connectivity and the potential to further relay real-time insights. The hardware is highly compatible with the software to capture data for air temperature, dust particles, VOCs, and carbon dioxide.

The software segment is projected to register the fastest CAGR of 8.35% over the forecast period. The growth of the software segment can be attributed to the increasing demand for these devices from smart city authorities. These authorities focus on integrating different systems, such as environmental monitoring systems, traffic monitoring solutions, and parking management devices in a city, into a single software solution. Moreover, industries such as chemicals, oil and gas, and pharmaceuticals widely adopt air quality monitoring software for remote monitoring.

End-use Insights

The commercial segment led the market with the highest revenue share of 41% in 2023. Government agencies and defense product types handle highly sensitive and classified information, including national security data, intelligence reports, confidential government documents, and citizens' personally identifiable information (PII). Protecting this data from unauthorized access, breaches, and cyberattacks is paramount. Air quality monitoring system solutions protect government endpoints robustly, ensuring critical data's confidentiality, integrity, and availability.

The industrial segment is expected to witness the fastest CAGR of 7.53% over the forecast period. The growth of the industrial segment is attributable to the increasing adoption of air quality monitoring systems by various industries in response to stringent government mandates. The industrial segment is fragmented into oil and gas, manufacturing, food and beverages, pharmaceutical, healthcare, and other industries.

Regional Insights

North America dominated the air quality monitoring system market with the largest revenue share of 38% in 2023. It can be attributed to rising levels of acid rain in the region, which has caused 90% of lakes in North America to be acidic. The governments, in response, have mandated strict implications for monitoring the air quality, which will propel market growth. Also, the well-established distribution channels of leading manufacturers bode well for market growth.

Asia Pacific is expected to expand at the fastest CAGR of 8.78% during the forecast period, owing to the increasing prevalence of respiratory and cardiovascular diseases owing to air pollution in various cities across the region. Of the 30 global cities with the worst air quality index (AQI) in 2022, Asia Pacific is home to 24 cities. Besides, favorable government initiatives bode well for market growth in the region.

Air Quality Monitoring System Market Key Companies

• 3M
• General Electric
• HORIBA Scientific
• Aeroqual
• Emerson Electric Co.
• Seimens
• Merck KGaA
• Teledyne Technologies Incorporated.
• Testo SE & Co. KGaA
• Thermo Fisher Scientific Inc.

Air Quality Monitoring System Market Report Segmentations:

By Product Type

• Indoor Air Quality Monitoring Systems
  • Fixed Indoor Systems
  • Portable Indoor Systems
• Outdoor Air Quality Monitoring Systems
  • Fixed Outdoor Systems
  • Portable Outdoor Systems

By Pollutant

• Chemical
  • Nitrogen Oxides
  • Sulfur Oxides
  • Carbon Oxides
  • Volatile Organic Compounds
  • Others
• Physical

By Component

• Hardware
  • Sensors
  • Processors
  • Output Devices
• Software
• Services

By End-use

• Residential
• Commercial
• Industrial
  • Oil & Gas
  • Manufacturing
  • Food & Beverages
  • Pharmaceuticals
  • Healthcare
  • Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa