Sales of Air Quality Monitoring Equipment to Double by 2029; Demand for Indoor Application on Rise, Says a New Future Market Insights Study
Statutory bodies are introducing stringent regulation and compliances to mitigate air pollution concerns.
DUBAI, UAE / ACCESSWIRE / March 2, 2020 / The global air quality monitoring equipment market will surpass US$ 10 Bn mark through 2029, witnessing two-fold growth in its revenues from 2019 to 2029. According to a new study by Future Market Insights (FMI), government monitoring of industrial sectors such as pharmaceuticals will remain the central drivers of growth during the forecast period.
Key Research Findings of FMI's Air Quality Monitoring Equipment Market Study
North America maintains stronghold on total market value, followed by Europe.
Asia Pacific excluding Japan will present market players with the most gainful opportunities.
Indoor air quality monitoring equipment sales will grow 3X compared to their outdoor counterparts by 2029.
Residential sector will generate lucrative growth opportunities for manufacturers.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-11083
Key Growth Drivers – Air Quality Monitoring Equipment Market
Incremental investments in infrastructure will drive demand in developing economies.
Glaring air pollution levels drive the global demand for air quality monitoring equipment.
Proactive government monitoring agencies drive mass adoption in their respective countries.
Indoor air quality monitors offer remunerative growth opportunities on the back of smart infrastructure in major economies.
Key Impediments – Air Quality Monitoring Equipment Market
Lack of consumer awareness in rural areas limits the growth potential of air quality equipment manufacturing.
Minimal statutory regulations in various under-development economies weaken the demand.
Market Structure Analysis
Disruptive advancements in air quality monitoring by leveraging Internet of Things (IoT), Machine Learning (ML), and Artificial Intelligence (AI) form a highly competitive and fragmented marketplace. Leading organizations are focused on footprint expansion by forging strategic partnerships, mergers, and acquisitions.
Explore the complete mechanical performance tuning components market report with 163 illustrative figures, 70 data tables, and the table of contents. Also find a detailed market segmentation on https://www.futuremarketinsights.com/askus/rep-gb-11083
Noteworthy manufacturers from the air quality monitoring equipment market include, but are not limited to SKC Ltd, TSI Incorporated, Aeroqual Limited, Thermo Fisher Scientific, Testo, Honeywell, PCE Instruments, and LumaSense Technologies.
Explore Future Market Insights' detailed coverage on,
Optical Networking Market– Identify a comprehensive range of insights such as revenue sectors, key growth strategies, and gainful opportunities from this detailed research report.
Fire Alarm Systems Market– Get detailed competitive landscape of Fire Alarm Systems along with essential growth strategies that impel remunerative growth.
Flat Panel Display Market– Procure elaborate secondary and primary research employed by key industry players to calculate total size of the air quality monitoring equipment market, and stakeholder industry associations.
Gain access to Market Ngage, an AI-powered, real-time business intelligence platform that goes beyond the conventional research solutions to solve the complex strategy challenges that organizations face today.
About the Report
This report offers global, regional, and national level analysis on the latest trends in the industry influencing the overarching performance of air quality monitoring equipment market. The study provides actionable insights on the air quality monitoring equipment market on the basis of components (air sampling pumps, sorbent tubes, filters & membranes, sample bags, and other accessories), equipment type (indoor air quality monitors (fixed and portable), outdoor air quality monitors (fixed, portable, and air quality monitoring (AQM) stations)), end users (residential, government environment monitoring agencies, commercial (hotels & restaurants, corporates & academic institutions, construction & real estate, and others), industrial (energy & utilities, pharmaceuticals, petrochemicals, and others), across 30 countries spanning eight key regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, GCC Countries, Middle East & Africa, and Japan).
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
CONTACT:
Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Market Report: https://www.futuremarketinsights.com/reports/air-quality-monitoring-equipment-market
Press Release Source: https://www.futuremarketinsights.com/press-release/air-quality-monitoring-equipment-market
SOURCE: Future Market Insights
ReleaseID: 578593