DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Air Quality Monitoring Market by Product, by Pollutant, by Sampling Method, by End User, by Geography - Market Size, Share, Development, Growth, and Demand Forecast, 2013 - 2023" report has been added to ResearchAndMarkets.com's offering.
The APAC air quality monitoring market size is forecasted to reach $1.7 billion by 2023.
The region's growth is attributed to the rapid industrialization and the subsequent increase in pollution levels. Moreover, the increasing prevalence of respiratory diseases, stringent regulations of air pollution, and increasing awareness regarding environmental and healthcare implication of air pollution are also fueling the growth of the APAC air quality monitoring market.
Market is projected to witness the fastest growth in China
During the forecast period, the APAC air quality monitoring market is projected to witness the fastest growth in China, with a CAGR of 11.7%. The major factors for the market's fastest growth in the country include increasing prevalence of respiratory diseases and increasing level of air pollution in China. As per the World Air Quality Index project, an institutional forum that continuously monitors the air quality index (AQI) for more than 80 countries, Beijing reported an AQI of 275, which is alarmingly unhealthy.
Additionally, the increasing awareness regarding environmental and healthcare implications of high pollution levels and favorable government regulations are also driving the growth of the market in the country. Moreover, the high smoking prevalence in China is also attributing to the fast growth of the market in the country. By 2050, the smoking deaths in China are expected to be triple of the estimated deaths in 2030, which is more than the population of Chicago.
Key players are embracing acquisitions and partnerships to increase their market share
Some of the other key players operating in the APAC air quality monitoring industry are
- General Electric Company
- Thermo Fisher Scientific Inc.
- Horiba Ltd.
- Tsi Incorporated
- 3M Company
- Siemens Ag
- Ecotech Group
- Envirotech Instruments Pvt. Ltd.
- Autotronic Enterprise Co. Ltd.
- Aeroqual Limited
Key Topics Covered:
Chapter 1. Research Background
Chapter 2. Research Methodology
Chapter 3. Executive Summary
Chapter 4. Introduction
Chapter 5. APAC Market Size And Forecast
Chapter 6. Competitive Landscape
Chapter 7. Company Profiles
Chapter 8. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/7xcvh6/asia_pacific_air?w=4
