The air quality sensor global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Air Quality Sensor Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The air quality sensor market size has grown rapidly in recent years. It will grow from $5.08 billion in 2023 to $5.65 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to growing impact of climate change, ongoing research and development activities, the automotive industry’s need for in-vehicle air quality monitoring, increasing use of air quality sensors in educational research and projects, growing use of air quality sensors in agriculture.
The air quality sensor market size is expected to see rapid growth in the next few years. It will grow to $8.7 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to increasing awareness of air pollution, regulatory standards and compliance, rapid urbanization and industrialization, rising health issues related to poor air quality, growing concerns about indoor air pollution. Major trends in the forecast period include innovations in sensor technology, development of smart cities and smart infrastructure, focus on environmental protection and monitoring, awareness and use of AQI for real-time air quality assessment, public health campaigns.
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Scope Of Air Quality Sensor Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Air Quality Sensor Market Overview
Market Drivers –
The growing environmental pollution is expected to propel the growth of the air quality sensor market going forward. Environmental pollution is the contamination of air, water, or soil by harmful substances or pollutants, leading to adverse effects on ecosystems, human health, and the climate. Environmental pollution is growing due to increased industrial activities, urbanization, and the widespread use of fossil fuels, which release higher levels of pollutants into the air, water, and soil. Air quality sensors are required for environmental pollution because they provide real-time data on pollutant levels, enabling timely interventions and informed decision-making to mitigate adverse health and environmental impacts. For instance, in August 2024, according to a report published by the United States Environmental Protection Agency (EPA), a US-based government organization, approximately 66 million tons of pollutants were released into the atmosphere in the U.S. in 2023. Therefore, the growing environmental pollution is driving the growth of the air quality sensor market.
Market Trends –
Major companies operating in the air quality sensor market are developing innovative products, such as compact air quality sensors, to provide real-time, accurate air quality data without requiring significant space or infrastructure. A compact air quality sensor is a small, portable device designed to measure and monitor air pollution levels, including pollutants like particulate matter and gases, in real-time. For instance, in March 2024, Vaisala Oyj, a Finland-based producer of products and services for environmental and industrial measurement, launched the Air Quality Transmitter 560 (AQT560). The AQT560 is a gold-standard compact air quality sensor distinguished by its wide detection range, covering PM1, PM2.5, and PM10, and its advanced calibration system and algorithms that ensure exceptional accuracy and efficiency. This sensor is highly effective at measuring aerosol particle concentrations ranging from 0.3 to 10 microns, providing reliable detection of PM1 levels from combustion sources such as traffic, residential wood burning, and wildfires; PM2.5 levels affected by long-range transport; and PM10 levels arising from abrasive activities like road dust, sandstorms, construction, and mining.
The air quality sensor market covered in this report is segmented –
1) By Type: Signal-Gas Monitoring System, Multi-Gas Monitoring System
2) By Technology: Non-Dispersive Infrared Radiation Sensors, Electrochemical Sensors, Electroacoustic Sensors
3) By Pollutant: Chemical, Particulate Matter, Biological
4) By Application: Restroom Toilet, Kitchen, Living Room, Bedroom, Bathroom, Industrial Plants, Other Applications
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Regional Insights –
North America was the largest region in the air quality sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the air quality sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the air quality sensor market are Siemens AG, Thermo Fisher Scientific Inc., Honeywell International Inc., 3M Company, Infineon Technologies AG, Emerson Electric Co., Teledyne Technologies Inc., Horiba Ltd., Sensirion AG, AlphaSense Inc., Figaro Engineering Inc., Bosch Sensortec GmbH, Amphenol Advanced Sensors, Airthings AS, Alps Controls Inc., Building Automation Products Inc., Skyray Instrument USA Inc., Oakton Instruments, Aeroqual Ltd., Atlas Scientific LLC, Dovelet Sensors, ENViro Technologies, Gas Sensing, Micro-Hybrid Electronic GmbH, Microjet Technology Co. Ltd.
Table of Contents
1. Executive Summary
2. Air Quality Sensor Market Report Structure
3. Air Quality Sensor Market Trends And Strategies
4. Air Quality Sensor Market – Macro Economic Scenario
5. Air Quality Sensor Market Size And Growth
…..
27. Air Quality Sensor Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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