Air Quality Monitoring Systems Global Market Report 2022: Growing Awareness Over Sick Building Syndrome (SBS) and Importance of Indoor Air Quality Drives Demand - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Air Quality Monitoring Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Air Quality Monitoring Systems Market to Reach $6.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Air Quality Monitoring Systems estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$6.2 Billion by 2027, growing at a CAGR of 6.9% over the period 2020-2027. Indoor, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$4.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Outdoor segment is readjusted to a revised 7.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 8.6% CAGR

The Air Quality Monitoring Systems market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$541.6 Million by the year 2027 trailing a CAGR of 8.6% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Wearables Segment to Record 6.3% CAGR

In the global Wearables segment, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$146.2 Million in the year 2020 will reach a projected size of US$224 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 110 Featured)

• 3M Company
• Aeroqual Ltd.
• Emerson Electric Co.
• Hangzhou Zetian Technology Co., Ltd.
• Honeywell International Inc.
• Horiba, Ltd.
• Merck KGaA
• NotAnotherOne Corp.
• PerkinElmer, Inc.
• Siemens AG
• Teledyne Technologies Inc.
• Testo SE & Co. KGaA
• Thermo Fisher Scientific Inc.
• Tisch Environmental Inc.
• TSI Incorporated

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to a digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Growing Awareness Over Sick Building Syndrome (SBS) and Importance of Indoor Air Quality Drives Demand for Indoor Air Quality Monitoring Systems
• Rise in Allergies Sets the Tone for the Adoption of Indoor Air Quality Monitors
• Rise in Smart Homes Strengthens the Business Case for Smart Indoor Air Quality Monitors
• Continuous Technology Innovations Remains Crucial to Future Growth
• Stringent Regulations & Establishment of Standards to Benefit Growth in the Market
• Role of Artificial Intelligence in Indoor Air Quality Monitors Gets Bigger
• In Focus: IoT Based Indoor Air Quality Monitoring
• Green Building Strategies and Focus on Ventilation Management Bodes Well for Market Growth
• A Peek Into the Role of Indoor Air Quality Monitoring in Optimizing Building Automation
• Stack Emission Monitoring Grows in Popularity in the Industrial Sector Amid Growing Industrial Air Emissions
• Wearable Devices for Air Quality Monitoring Storm into the Spotlight
• Navigating Through Myriad Challenges is Vital for Players in the Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/4ftlnt