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North America’s Air Quality Monitoring (AQM) Market 2014-2019 & 2024 - $2.62 Billion Revenue Generation Expected by 2024 - ResearchAndMarkets.com

March 26, 2019

DUBLIN--(BUSINESS WIRE)--Mar 26, 2019--The “North America Air Quality Monitoring (AQM) Market (2014-2024)” report has been added to ResearchAndMarkets.com’s offering.

According to this research, the North American air quality monitoring market is expected to generate $2,628.5 million in revenue by 2024. Due to increasing air pollution levels and growing awareness about its effects on human health and environment, and stringent regulatory framework for air pollution reduction, the market is advancing steadily.

On the basis of product, the North American air quality monitoring market is divided into indoor and outdoor products. The market for outdoor monitoring products is anticipated to experience faster growth during the forecast period (2019-2024), at a CAGR of over 10%. Due to increasing acid rain problem and industrialization in the region, the demand for outdoor monitoring products is expected to rise. Further, looking at the indoor category, the market is subdivided into fixed and portable products, out of which the fixed indoor monitoring product category is presently leading it.

Now, coming to the particulate type, the North American air quality monitoring market is classified into fine particles and coarse particulates. The demand for monitoring products that detect fine particle levels, eventually helping people in reducing these, is projected to experience faster growth during 2019-2024 at a CAGR of 10.3%. The growth can be attributed to the increasing amount of particulate matter 2.5 (PM2.5) being discharged by vehicles and industries, which is leading to the rapid adoption of equipment that can detect it.

Further, the AQM industry for coarse particulates is subdivided into earth crustal materials, road vehicles dusts, and other particulates. Among these, the road vehicles dusts subcategory is presently holding the largest market share. In the North American air quality monitoring market, the U.S. is expected to witness faster growth during the forecast period at a 9% CAGR. The reason behind such a growth would be the increasing prevalence of respiratory diseases, rising number of smokers, and technological advancements in monitoring products.

Now, due to increasing air pollution levels in the U.S., there has been a growth in the number of asthma cases. According to a research study program, Oxford Martin Program on Global Development conducted by Oxford University, the mortality rate in the country rose from 18.6 per 100,000 people in 2010 to 19.1 per 100,000 people in 2016. A reason for such diseases was the PM2.5 particulate level increasing to 9.2 g/m3 in 2016 from 8.62 g/m3 in 2010.

Companies operating in the North American air quality monitoring market are introducing a number of new products to attain a larger market share. For instance, in May 2018, HORIBA Ltd. developed the Smart Emission Measurement System (SEMS) that helps in collecting and analyzing emission data, thereby, improving real driving emissions (RDE) test procedures.

Key Topics Covered

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Product

1.3.2 Market Segmentation by Particulate Type

1.3.3 Market Segmentation by Pollutant

1.3.4 Market Segmentation by Monitoring

1.3.5 Market Segmentation by Sampling Method

1.3.6 Market Segmentation by End User

1.3.7 Market Segmentation by Geography

1.3.8 Analysis Period

1.3.9 Market Data Reporting Unit

1.3.9.1 Value

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By country

2.2.1.2 By industry participant

2.2.1.3 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Industry Insights

4.1 Regulatory Overview

4.1.1 Standards

4.1.1.1 U.S.

4.1.1.2 Canada

4.1.2 Authorities

4.1.2.1 U.S.

4.1.2.2 Canada

4.1.3 Pricing Analysis

Chapter 5. Introduction

5.1 Definition of Market Segments

5.1.1 By Product

5.1.1.1 Indoor

5.1.1.1.1 Fixed

5.1.1.1.2 Portable

5.1.1.2 Outdoor

5.1.1.2.1 Portable

5.1.1.2.2 Fixed

5.1.1.2.3 Dust and particulate

5.1.1.2.4 AQM station

5.1.2 By Particulate Type

5.1.2.1 Coarse particulates

5.1.2.1.1 Road vehicle dusts

5.1.2.1.2 Earth crustal materials

5.1.2.1.3 Others

5.1.2.2 Fine particles

5.1.2.2.1 Combustion particles

5.1.2.2.2 Secondarily formed aerosols

5.1.2.2.3 Others

5.1.3 By Pollutant

5.1.3.1 By class

5.1.3.1.1 Chemical

5.1.3.1.2 Physical

5.1.3.1.3 Biological

5.1.3.2 By type

5.1.3.2.1 Lead

5.1.3.2.2 SO2

5.1.3.2.3 NO2

5.1.3.2.4 PM2.5

5.1.3.2.5 Ozone

5.1.3.2.6 CO

5.1.3.2.7 Arsenic

5.1.3.2.8 Nickel

5.1.3.2.9 PM10

5.1.3.2.10 NH3

5.1.3.2.11 Others

5.1.4 By Monitoring

5.1.4.1 Ambient

5.1.4.2 On-road

5.1.4.3 Emissions

5.1.4.4 Mobile

5.1.4.5 Satellite

5.1.5 By Sampling Method

5.1.5.1 Continuous

5.1.5.2 Manual

5.1.5.3 Passive

5.1.5.4 Intermittent

5.1.6 By End User

5.1.6.1 Government agencies and academic institutes

5.1.6.2 Commercial and residential sectors

5.1.6.3 Petrochemical industry

5.1.6.4 Power generation plants

5.1.6.5 Pharmaceutical industry

5.1.6.6 Others

5.2 Market Dynamics

5.2.1 Trends

5.2.1.1 Use of information technology in AQM equipment

5.2.2 Drivers

5.2.2.1 Rising air pollution levels

5.2.2.2 Increasing awareness regarding adverse effects of air pollution on health and environment

5.2.2.3 Stringent regulatory framework for reducing air pollution levels

5.2.2.4 Impact analysis of drivers on market forecast

5.2.3 Restraints

5.2.3.1 Escalating costs of AQM products

5.2.3.2 Challenges associated with the operation of AQM devices

5.2.3.3 Impact analysis of restraints on market forecast

5.2.4 Opportunities

5.2.4.1 Technological advancements in the AQM products

5.3 Porter’s Five Forces Analysis

Chapter 6. North America Market Size and Forecast

6.1 By Product

6.1.1 Indoor AQM Market, by Type

6.1.2 Outdoor AQM Market, by Type

6.2 By Particulate Type

6.2.1 AQM Market for Coarse Particulates, by Type

6.2.2 AQM Market for Fine Particles, by Type

6.3 By Pollutant

6.3.1 By Class

6.3.2 By Type

6.4 By Monitoring

6.5 By Sampling Method

6.6 By End User

6.7 By Country

6.7.1 U.S. AQM Market

6.7.1.1 By product

6.7.1.1.1 Indoor AQM market, by type

6.7.1.1.2 Outdoor AQM market, by type

6.7.1.2 By particulate type

6.7.1.2.1 AQM market for coarse particulates, by type

6.7.1.2.2 AQM market for fine particles, by type

6.7.1.3 By pollutant

6.7.1.3.1 By class

6.7.1.3.2 By type

6.7.1.4 By monitoring

6.7.1.5 By sampling method

6.7.1.6 By end user

6.7.2 Canada AQM Market

6.7.2.1 By product

6.7.2.1.1 Indoor AQM market, by type

6.7.2.1.2 Outdoor AQM market, by type

6.7.2.2 By particulate type

6.7.2.2.1 AQM market for coarse particulates, by type

6.7.2.2.2 AQM market for fine particles, by type

6.7.2.3 By pollutant

6.7.2.3.1 By class

6.7.2.3.2 By type

6.7.2.4 By monitoring

6.7.2.5 By sampling method

6.7.2.6 By end user

Chapter 7. Competitive Landscape

7.1 Product Benchmarking of Key Players

7.2 Strategic Developments of Key Players

7.2.1 Acquisitions

7.2.2 Product Launches

7.2.3 Other Developments

Chapter 8. Company Profiles

8.1 Key Players

8.1.1 Thermo Fisher Scientific Inc.

8.1.1.1 Business overview

8.1.1.2 Product and service offerings

8.1.1.3 Key financial summary

8.1.2 Merck KGaA

8.1.3 HORIBA Ltd.

8.1.4 TSI Incorporated

8.1.5 3M Company

8.1.6 Teledyne Technologies Incorporated

8.1.7 Siemens AG

8.1.8 Ecotech Group

8.1.9 Emerson Electric Co.

8.1.10 Primex Wireless Inc.

8.1.11 Honeywell International Inc.

8.2 Others Players

8.2.1 Cerex Monitoring Solutions LLC

8.2.2 Tisch Environmental Inc.

For more information about this report visit https://www.researchandmarkets.com/research/b7xhfq/north_americas?w=4

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Related Topics:Air Purification

KEYWORD: NORTH AMERICA

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 03/26/2019 01:18 PM/DISC: 03/26/2019 01:18 PM

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