DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Air Quality Monitoring Market by Product (Fixed Gas, Portable, Dust & Particulate Monitor, AQM Station), Pollutant (Chemical, Physical, Biological), End User (Government, Commercial & Residential, Petrochemical, Pharmaceutical) - Forecast to 2021" report to their offering.
The global air quality monitoring (AQM) market is estimated to grow at a high CAGR of 8.5% from 2016 to 2021 to reach USD 5.64 billion by 2021
Although the developed regions (such as North America and Europe) held large shares in the AQM market in 2016, the Asia-Pacific region is projected to grow at the highest CAGR in the next five years.
Factors such as large-scale industrialization, implementation of stringent air pollution regulations across major Asian countries, growing government emphasis on industry compliance with environmental safety regulations, and continuous government support for the development & commercialization of advanced AQM products are propelling the growth of the AQM market in this region.
Growth in the global air quality monitoring market is driven by factors such as presence of supportive government regulations for effective air pollution monitoring and control, ongoing government initiatives towards the development of environment-friendly industries, increasing public-private funding, rising global levels of air pollution, and increasing public awareness related to healthcare and the environmental implications of air pollution.
In addition, emerging Asian countries such as China and India, technological advancements in the field of air pollution monitoring, and ongoing expansions of petrochemical and power generation industries are offering new growth opportunities for AQM vendors in the market.
The air quality monitoring market is competitive, with a large number of global and local providers of air quality monitoring solutions. Thermo Fisher Scientific, Inc. (U.S.), Teledyne Technologies Inc. (U.S.), and Siemens AG (Germany) were the top three players in the air quality monitoring market in 2015.
These companies together accounted for 56.2% of the global market. New product launches and product enhancements; partnerships, agreements, and collaborations; acquisition; and geographic expansions are the major strategies adopted by most of the market players to achieve growth in the air quality monitoring market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Air Quality Monitoring Market, By Product
8 Air Quality Monitoring Market, By Sampling Method
9 Air Quality Monitoring Market, By Pollutant Type
10 Air Quality Monitoring Market, By End User
11 Air Quality Monitoring Market, By Region
12 Competitive Landscape
13 Company Profiles
- 3M Company
- Emerson Electric Co
- General Electric Company
- Horiba, Ltd.
- Merck KGAA
- Servomex Group Ltd (A Part of Spectris PLC)
- Siemens AG
- TSI, Inc.
- Teledyne Technologies Inc.
- Testo AG
- Thermo Fisher Scientific, Inc.
For more information visit http://www.researchandmarkets.com/research/js9l5r/air_quality
