Market Size of Asia Pacific Air Quality Monitoring Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 77.40 Million |
Market Size (2029) | USD 96.69 Million |
CAGR (2024 - 2029) | 4.55 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Asia Pacific Air Quality Monitoring Market Analysis
The Asia Pacific Air Quality Monitoring Market size is estimated at USD 77.40 million in 2024, and is expected to reach USD 96.69 million by 2029, growing at a CAGR of 4.55% during the forecast period (2024-2029).
- Over the medium term, increasing awareness and favorable government policies and non-government initiatives for curbing air pollution are expected to drive the market's growth.
- On the other hand, the high costs of air quality monitoring systems are expected to hamper the growth of the Asia Pacific air quality monitoring market during the forecast period. \
- Nevertheless, increasing technological advancements in air quality monitoring systems will likely create lucrative growth opportunities for the Asia Pacific air quality monitoring market in the forecast period.
Asia Pacific Air Quality Monitoring Industry Segmentation
An air quality monitoring system is a sensor-based instrument that detects and monitors the levels of pollutants, such as sulfur dioxide, nitrous oxide, particulate matter, carbon monoxide, and volatile organic compounds, in indoor and outdoor environments.
The Asia Pacific air quality monitoring market is segmented by product type, sampling method, pollutant type, end user, and geography. By product type, the market is segmented into indoor monitors and outdoor monitors. By sampling method, the market is segmented into continuous, manual, and intermittent. By pollutant type, the market is segmented into chemical pollutants, physical pollutants, and biological pollutants. By end user, the market is segmented into residential and commercial, power generation, petrochemicals, and other end users. The report also covers the market size and forecasts for the Asia Pacific air quality monitoring market across major countries in the region. For each segment, the market sizing and forecasts have been done based on revenue (USD).
Product Type | |
Indoor Monitor | |
Outdoor Monitor |
Sampling Method | |
Continuous | |
Manual | |
Intermittent |
Pollutant Type | |
Chemical Pollutants | |
Physical Pollutants | |
Biological Pollutants |
End User | |
Residential and Commercial | |
Power Generation | |
Petrochemicals | |
Other End Users |
Geography | |
China | |
India | |
Japan | |
Singapore | |
Rest of Asia-Pacific |
Asia Pacific Air Quality Monitoring Market Size Summary
The Asia Pacific air quality monitoring market is poised for growth, driven by increasing awareness and supportive government and non-government initiatives aimed at reducing air pollution. Despite the high costs associated with air quality monitoring systems posing a challenge, technological advancements are expected to offer significant growth opportunities. The market is characterized by the deployment of outdoor air quality monitoring systems that measure pollutant levels, humidity, and temperature in open spaces. These systems are crucial in urban areas, where rising population density and pollution sources necessitate effective monitoring solutions. The outdoor monitor segment, including portable and fixed monitors, is anticipated to experience substantial growth due to ongoing urbanization and initiatives like India's Smart Cities program.
The market landscape in the Asia Pacific region is semi-consolidated, with key players such as Siemens AG, Thermo Fisher Scientific Inc., 3M Co., Honeywell International Inc., and Teledyne Technologies Inc. leading the charge. Notable developments include Honeywell's launch of an Indoor Air Quality monitor and the Indian government's introduction of the AI-AQMS v1.0 for air quality monitoring. Additionally, regional efforts like the Asian Development Bank's Asia Clean Blue Skies Program aim to enhance air quality through strategic investments and policy development. China's proactive approach to air quality monitoring, with a significant increase in monitoring stations, underscores the region's commitment to addressing air pollution challenges.
Asia Pacific Air Quality Monitoring Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD, till 2028
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.1.1 Increasing Awareness and Favorable Government Policies and Non-government Initiatives for Curbing Air Pollution
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1.5.2 Restraints
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1.5.2.1 High Costs of Air Quality Monitoring Systems
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitute Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Indoor Monitor
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2.1.2 Outdoor Monitor
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2.2 Sampling Method
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2.2.1 Continuous
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2.2.2 Manual
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2.2.3 Intermittent
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2.3 Pollutant Type
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2.3.1 Chemical Pollutants
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2.3.2 Physical Pollutants
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2.3.3 Biological Pollutants
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2.4 End User
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2.4.1 Residential and Commercial
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2.4.2 Power Generation
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2.4.3 Petrochemicals
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2.4.4 Other End Users
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2.5 Geography
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2.5.1 China
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2.5.2 India
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2.5.3 Japan
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2.5.4 Singapore
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2.5.5 Rest of Asia-Pacific
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Asia Pacific Air Quality Monitoring Market Size FAQs
How big is the Asia Pacific Air Quality Monitoring Market?
The Asia Pacific Air Quality Monitoring Market size is expected to reach USD 77.40 million in 2024 and grow at a CAGR of 4.55% to reach USD 96.69 million by 2029.
What is the current Asia Pacific Air Quality Monitoring Market size?
In 2024, the Asia Pacific Air Quality Monitoring Market size is expected to reach USD 77.40 million.